RuPay Platinum Secured credit card offered by Canara Bank that can be used for both domestic and international transactions. The card offers multiple other benefits at zero annual and joining fees.
The Canara Bank RuPay Platinum Secured Credit Card offers a range of premium benefits, including fuel surcharge waivers, complimentary domestic airport lounge access, and exciting RuPay Platinum offers on dining, travel, and shopping. From global acceptance to reward shopping, the card offers numerous benefits at zero joining and annual fees.
The key features of the Canara Bank RuPay Platinum Secured Credit Card are mentioned below:
The Canara Bank RuPay Platinum Secured Credit Card offers a host of benefits to the cardholders which are mentioned below:
The eligibility criteria that must be fulfilled to apply for Canara Bank RuPay Platinum Secured Credit Card are mentioned below:
The fees and charges applicable on Canara Bank RuPay Platinum Secured Credit Card are given in the table below:
Fees and charges | Amount |
Enrolment fee | Nil |
Annual fee | Nil |
Inactivity fee (If the cardholder fails to meet the annual turnover) | Rs.200 |
Credit-free period | 20 to 50 days |
Card replacement fee (for both primary and add-on card) | Rs.300 per card |
Revolving amount charges | 30% per annum (2.50% per month) |
Minimum Amount Due - MAD | 5% of the total amount outstanding (minimum of Rs. 100) plus all applicable charges/fees/taxes plus EMI (if EMI availed by cardholder) plus over the limit amount (if any) |
Foreign currency markup | 3% |
Cheque dishonor charges | Rs.50 |
EMI Processing Fee | 2% of transaction amount (Minimum and maximum of Rs.100 and Rs.200, respectively) |
Rate of Interest on EMI | 13% p.a. for EMI period of three, six and nine months14% p.a. for EMI period of 12,18 and 24 months. |
Fuel surcharge | 1% of transaction value with minimum fee of Rs.10 plus applicable taxes. |
Railway surcharges:Tickets booked through railway countersTickets booked through www.irctc.co.in | Rs.30 plus 2.50% of transaction amount1% of transaction amount plus applicable taxes |
Transaction fee for cash withdrawal | 3% of the transaction amount (Minimum of Rs.30 for every Rs.1000) |
Late payment charges | Rs. 250 plus GST will be charged in addition to the existing service charges on carried over balance. |
Note:
The key benefits of RuPay Platinum Secured credit cards include access to RuPay Platinum offers, airport lounge access at select domestic airports, fuel surcharge waivers, reward points for PoS or e-commerce transaction, EMI conversion, interest-free period, and ATM cash withdrawal.
No, there is no annual or joining fee for RuPay Platinum Secured credit card.
The credit limit of Canara Bank RuPay Platinum Secured credit card ranges between a minimum of Rs.50,000 and maximum up to Rs.50 lakh.
The maximum credit limit of Canara Bank RuPay Platinum Secured credit card is Rs.50 lakh per month.
Yes, RuPay Platinum Secures credit cards offered by Canara Bank can be used internationally, and the card charges 3% foreign currency markup for all international transactions.
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