Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
Syndicate Bank, one of India’s oldest commercial banks, offers a single credit card to its customers. This credit card comes in two variants, the Gold and the Classic. Being one of the major banks in India, it offers loans, fixed deposits and other related services to a million customers. With its credit cards, it offers a host of benefits and features that include convenience, affordability and simplicity.
Syndicate Bank offers you a credit card which is absolutely free of cost and is free for life! Be free from joining fees and annual fees. Syndicate Bank also charges one of the lowest finance charges of 2% per month. With these credit cards, you can even earn rewards which you can redeem against your renewal fees, or encash it at 50 paise per point.
| Choice of two variants | Syndicate Bank offers two cards, the Classic and the Gold. Both cards are photo and signature cards |
| Interest-free credit period | Avail of credit periods of 20 days to 50 days on your purchases. This depends on the date of transaction and if the previous balance is cleared in full. |
| Low interest rates | Get attractive rates of interest on your revolving credit as low as 2% per month or 24% per annum. Upon default, you could attract higher interest rates of 2.5% p.m. |
| Rewards | Earn reward points when you use your credit card. For every Rs. 200 spent on your Syndicate Bank credit card, you will earn 1 point. |
| No annual fees | Avail of this card at no cost, and furthermore, enjoy zero annual fees for life. |
| Global Acceptance | Syndicate Bank credit cards are accepted in more than 9 lakh merchants in India, and over 300 million merchants around the world. |
| Cash advance | Withdraw cash through any of the Syndicate Bank ATMs at concessional rates. |
| Add on cards | Get supplementary cards for your family members above the age of 18. |
Syndicate Bank offers only one credit card in two variants.
Syndicate Bank Global Credit Card
| Charge | VISA Gold ‘N More |
|---|---|
| Entry fee | Nil |
| Annual Fee | Nil |
| Renewal Fee | Levied every three years if applicable |
| Rate of interest per month | 2.00% (24% per annum) |
In order to be eligible for a Syndicate Bank Credit Card, you should meet the following eligibility standards set by the bank.
The Credit Card Statement will be generated on the 20th of every month. Syndicate Bank stipulates the payment due date as the 10th of the succeeding month.
Syndicate Bank imposes 10% of the total payment as the minimum amount due. This amount must be paid by the due date to avoid penalties, higher rates of interest and other corrective action.
Yes, Syndicate Bank offers credit cards to existing customers without the need for proof of income. Home loan, term deposit, pigmy deposit, car loan customers can be offered credit cards with prefixed limits. The limits depend on the customer’s relationship with the bank. Defence personnel and Judges are also eligible for pre-approved credit cards.
Classic Cardholders can withdraw 15% of their credit limit. Gold Cardholders can withdraw up to 25% of their credit limit. Syndicate Bank offers concessional charges on cash advances, however, interest will be charged from the transaction date.
You can pay your Syndicate Bank Credit Card bill through the following ways.
*Note: All the rates are subject to change, therefore, customers are required to keep on checking the rates from time to time.
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