Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • LoanTap Limitless Cards

    LoanTap offers Limitless Platinum and Limitless Platinum Plus cards through which you can avail the Buy Now Pay Later (BNPL) facility as well as convert your spends into easy EMIs.

    LoanTap collaborated with SBM Bank and RuPay to launch these cards which comes with a host of benefits. On availing one of these credit cards, you will enjoy a credit limit of up to Rs.10 lakh while the tenure for clearing your EMIs is up to three years.

    LoanTap Limitless Cards details

    Credit Limit offered Between Rs.50,000 and Rs.10 lakh
    Validity of the card 5 years
    EMI repayment tenure Between 6 months and 3 years
    Interest rate 12% p.a. - 24% p.a.
    Processing Fee 2% of the outstanding amount subject to a maximum of Rs.2,500

    Why should you apply for a LoanTap Limitless Card

    Given below are the reasons why you must apply for a LoanTap Limitless Card:

    • Instant approval: If all the details mentioned on the application form and the documents submitted by you are correct, then the lender will instantly approve your application for a Limitless Card. This makes the application process faster and hassle-free.
    • Your credit score improves: If you use the card but also at the same time clear the EMI on time, then your overall credit score improves. Make sure you clear your EMIs on time otherwise your credit score can go down too.
    • Easy to repay: You can use the LoanTap Limitless Cards to avail the BNPL facility. You can clear the amount via easy EMIs where you can choose a repayment tenure of up to 36 months.

    Features of Limitless Platinum Card

    Easy EMIs Clear your EMIs with tenure ranging between 6 months and 3 years
    Personal Accident Insurance Cover Personal accident insurance cover worth up to Rs.2 lakh
    Enjoy unlimited rewards and offers Enjoy discounts and rewards from more than 100 brands

    Features of Limitless Platinum Plus Card

    Access to domestic lounge Access to more than 20 domestic airport lounges for free
    Personal Accident Insurance Cover Personal accident insurance cover worth up to Rs.10 lakh
    Enjoy unlimited rewards and offers Enjoy unlimited rewards and discounts from more than 100 brands
    Interest free period Enjoy an interest free period of up to 30 days

    Eligibility criteria for LoanTap Limitless Cards

    Given below are the eligibility criteria you will have to fulfil in order to apply for a LoanTap Limitless Card:

    • You must be a resident of India.
    • You must be aged 21 years and above.
    • You must draw a minimum income of Rs.30,000 p.m.

    Documents required for LoanTap Limitless Cards

    Given below is the list of documents you will have to avail if you wish to avail a Limitless Card from LoanTap:

    • Aadhaar Card
    • PAN Card
    • Your latest salary slips
    • Bank statement for the last 3 months.

    How to Apply for a LoanTap Limitless Card

    • Click on the link https://loantap.in/limitless-card/.
    • Scroll down and click on the ‘Apply Now’ button.
    • A new page will open where you will have to click on ‘Apply Now’ again.
    • Enter the details as asked for and submit the necessary documents.
    • The lender will verify the details and if everything is authentic, then the card will be dispatched to your communication address.

    FAQs on LoanTap Limitless Cards

    1. Is my Limitless Card contactless?

      Yes, both Limitless Platinum and Limitless Platinum Plus are contactless in nature.

    2. In what form will I be receiving my Limitless Card?

      You will receive your Limitless Card in a physical form.

    3. How can I get my mobile number or email ID updated?

      You can visit the LoanTap website where you will have to click on ‘My Account’ and login by entering your email ID and the One-Time Password (OTP). There you can raise a request to get your mobile number or email ID updated. You can also get your mobile number or email ID updated by getting in touch with a SBM Bank customer care executive by clicking on the link https://www.sbmbank.co.in/aboutus/contact-us.php, or a LoanTap customer care executive by clicking on the link https://loantap.in/contact-us/. You will find the contact details on the websites you will find the necessary contact details.

    4. Will my card have my name on it?

      Yes, the Limitless Card issued to you will bear your name on it.

    5. What is the daily transaction limit on my Limitless Card?

      The daily transaction limit on your Limitless Card is Rs.1 lakh. The daily limit on ATM transactions is Rs.25,000, while the daily limit for Point of Sale (POS) transactions is Rs.75,000.

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