The Canara Bank Rupay Platinum Credit Card is a basic, entry-level credit card with no annual fee. Unlike other entry-level cards, it does not provide benefits for specific spending categories, but you earn 2 reward points for every ₹100 spent, whether online or offline. This card is ideal if you are new to credit cards and want a simple, lifetime free option. Read on to see if this card is the right fit for you.
The Canara Bank RuPay Platinum Credit Card is a lifetime free card with no joining or annual fees. It comes with a credit limit of up to ₹25 lakh.
Canara Bank RuPay Platinum Credit Card Rewards Program
Reward Points
Earn 2 Reward Points on every ₹100 spent, online or offline.
1 Reward Point = ₹0.25, so ₹100 spent earns ₹0.50.
Points can be redeemed for cash against your statement balance.
Other Features and Benefits
Complimentary Accidental Insurance Cover
Air Accident: ₹8 lakh for self, ₹4 lakh for spouse
Other Accidents: ₹4 lakh for self, ₹2 lakh for spouse
Other Features
Up to 4 add-on cards for immediate family members
Baggage insurance and purchase protection cover of ₹25,000 each
Credit limit up to ₹25,000 (may vary based on income)
Post-purchase EMI conversion on transactions above ₹5,000
Long interest-free credit period of 20–50 days
EMV CHIP PIN enabled for secure transactions
Access to international ATMs
Foreign exchange markup fee: 3% on international transactions
Welcome benefits provided on card activation
Fees and Charges
Particulars
Fees / Charges
Joining Fee
NIL
Annual Fee
NIL
Finance Charges
2.5% per month | 30% per annum
Late Payment Fee
2% of the amount due, subject to a minimum of Rs. 10 and a maximum of Rs. 150
Things to Know Before you apply
Get this card if:
You are a beginner looking for an entry-level credit card
You want a credit card with relaxed eligibility criteria
You prefer Canara Bank as your credit card provider
You are okay with the low reward rate offered on this card
You want a card with NIL joining or annual fee
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For Canara Bank RuPay Platinum Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Canara Bank RuPay Platinum Credit Card Hilights
What do we like about this card?
Lost Card Liability: Liability limited to Rs. 1,000 from the time you report a lost card
International ATM Access: Use your card at ATMs worldwide
Reward Points: Earn 2 reward points for every Rs. 100 spent, including e-commerce transactions
Pros
Lifetime free card with no joining or annual fees
Simple, beginner-friendly credit card
Reward points redeemable for cash
Complimentary accidental insurance cover
Option for add-on cards for family members
Cons
Low reward points rate (₹0.50 per ₹100 spent)
Limited lifestyle and category-specific benefits
No airport lounge access
Foreign exchange markup fee of 3% on international transactions
Modest welcome benefits compared to other cards
Canara Bank Credit Card Contact Details
Contact Address: Canara Bank Card Division, No. 29, K R Road, Basavanagudi, Bengaluru – 560004, Karnataka, India
Simply SMS: Send "CANRUPAY" to 56156 from your registered mobile number
Frequently Asked Questions
Everything you need to know about this credit card
Applicants must have a minimum annual salary of Rs. 1 lakh.
No, Canara Bank does not provide an online application facility for this card. You need to visit the nearest branch to apply. Ensure you carry all necessary documents. You can also download the application form from Canara Bank’s website and submit it at the branch.
Yes, you may request a credit limit increase. However, the approval is at the bank’s sole discretion and depends on factors like your monthly income, debt-to-income ratio, payment history, and other eligibility criteria. Contact Canara Bank Credit Card Customer Care for more details.
Reward points are earned on all online and offline purchases except for:
Cash withdrawals
Disputed, refunded, returned, or cancelled transactions
Balance transfer transactions
Foreign currency purchases
Applicable fees and charges such as interest and annual fees
No, this card does not provide any complimentary airport lounge access. If you want lounge access benefits, you may consider the Canara RuPay Select Credit Card.
Yes, you can convert your outstanding balance into EMIs even if you pay only the minimum amount due. This makes it easier to manage large payments.
How Can I Apply for a Credit Card Online?
✔Step 1: Enter your mobile number in the application form
✔Step 2: Provide your personal details
✔Step 3: Enter OTP to verify your mobile number
✔Step 4: Select the credit card
✔Step 5: Compare offers and apply for the best-suited credit card
Canara Bank
Fuel
Reward Points
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
