Rewards
Canara Bank Platinum Credit Card
5.4
CardTrail Score
Decent
out of 10
Annual Fee
₹1,000
Spend ₹1L/year
Forex Markup
3.5%
Reward Rate
0.5%
Up to 1.5%
Lounge Access
2
domestic | 0 intl
About This Card
The Canara Bank Platinum Credit Card is a rewards credit card from Canara Bank with an annual fee of ₹1,000. It earns rewards at 0.5% on everyday purchases. Key perks include fuel surcharge waiver. Best suited for everyday users.
Pros & Cons
Pros
- Fuel surcharge waiver saves on petrol/diesel
- Easy EMI conversion on purchases
- Attractive welcome bonus: 500 Reward Points
Cons
- ₹1,000 annual fee may not suit light spenders
- 3.5% forex markup is above average
- Below-average base reward rate
Fee Details
Annual Fee
₹1,000
Joining Fee
₹1,000
Fee Waiver Condition
Spend ₹1L/year
Fuel Surcharge Waiver
Yes
EMI Conversion
Yes
Reward Structure
Base Rate
0.5%
Max Rate
1.5%
Currency
Reward Points
Welcome Bonus
500 Reward Points
Lounge Access
Domestic Lounges
2
per quarter
International Lounges
0
Key Highlights
- + Annual fee ₹1,000 (waiver: Spend ₹1L/year)
- + Fuel surcharge waiver at all pumps
- + Welcome bonus: 500 Reward Points
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Quick Summary
Best For
general
Annual Fee ₹1,000
Base Reward 0.5%
Max Reward 1.5%
Forex Markup 3.5%
Network Visa
Min Income ₹4L+
CardTrail Score
Best For
general
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