IDBI Bank LICCSL 'Elat' Credit Card

Joining feeAnnual feeRenewal feeAdd-on card fee

₹0Nil

Welcome benefit

500 bonus delight points on card activation.

Reward rate

4 Delight Points per ₹100 · everyday spends4 Delight Points for every ₹100 spent.

Reward caps

Maximum fuel surcharge waiver of ₹500 per month

Domestic lounge access

Access to select airport lounges in India, provided by RuPay and subject to change as per RuPay’s discretion

Milestone benefits

1,500 points on net annual spends of ₹2 lakhs; 2,000 points on net annual spends of ₹4 lakhs.

Fuel surcharge waiver

Waiver of 1% fuel surcharge every time you fill fuel using Eclat Select Card across all fuel stations for transactions in the range of ₹400 to ₹5000.

Insurance benefit

Cover of ₹10.00 lakh for loss of life or permanent disability due to accident.

Lost card liability

Any fraudulent transaction after reporting the loss will be covered by the Bank.

Add-on card eligibility

Upto 2 add-on cards for your family members

Balance transfer terms

Minimum amount ₹3000, processing fee 1.5% of BT amount or ₹199, whichever is higher

Purchase to EMI conversion

Minimum amount ₹3000, interest rate 13% (flat) per annum, tenure options 3, 6, 9 or 12 month

Forex markup

3.5% on foreign currency transactions.

Cash advance fee

2.5% of transaction fee or ₹500/-, whichever is higher.

Cash advance interestInterest on unpaid balance

3.4% (p.m.)

Interest-free period

Interest free credit of up to 48 days

Late payment fee

Nil to ₹950

Over-limit fee

2.5% of over limit amount subject to minimum of ₹500

Payment return or dishonour fee

₹500 for cheque or auto debit return.

Statement or duplicate statement fee

₹100 for a duplicate statement request more than 03 months old.

Card replacement fee

₹200

Cash payment / cash deposit fee

₹200 cash deposit charges at IDBI Bank Branches towards Credit Card payment.

EMI conversion fee

Processing and foreclosure fees: Nil.

Foreign ATM fee

At IDBI Bank or other ATMs in India and overseas: 2.5% of the transaction amount or ₹500 whichever is higher.

Reward redemption fee

₹99 per redemption

GST note

Applicable Indirect Taxes including Goods and Services Tax (GST) would be recovered on all our fees and charges and any other amount liable to tax under prevailing Indirect Tax

Grace days after the due date

Grace days of 3 days is allowed from the payment due date on credit card accounts where payments are not overdue; late payment charges are levied when the account remains past due for more than 3 days.

Minimum amount due

5% of the outstanding amount or such other amount as may be determined by IDBI Bank at its sole discretion; MAD = 5% of (Retail Spends + Cash Advance) + 100% of Fees/Charges + 100% of Interest / Finance Charges + EMI amount + GST