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Canara Bank Mastercard Platinum Credit Card
Canara Bank

Canara Bank Mastercard Platinum Credit Card

Checked against Canara Bank's 3 documents for this card on 02 Nov 2026
COFFER Safety Stars4 of 5See the five checks
Interest
1 of 1
Foreign spends
0 of 1
Spend fees
None1 of 1
Clarity
The bank's documents answer 11 of 11 cost questions1 of 1
Fine print
No gaps found1 of 1

Rated 09 Nov 2026 after reading every document the bank publishes for this card. Not a recommendation. How we rate

Open to new applications · Earns Points

First-year fee

₹0

Annual fee

₹0

What it gives back

2 Points per ₹100 · everyday spends

Read from 3 Canara Bank documents, last checked 8 Nov 2026.

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How it compares

Compared with the cards we have read

No annual fee: one of 130 cards that state none, out of the 448 open cards whose annual fee we have read.

3% forex markup: of the 480 other open cards whose forex markup we have read, 109 state a lower one, 35 state the same and 336 state a higher one.

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Fees

  • Joining fee

    ₹0

  • Annual fee

    ₹0

  • Add-on card fee

    ₹400.

Rewards

  • Reward rate

    2 Points per ₹100 · everyday spends2 Points per every ₹100 spent on POS/ E-Commerce.

  • Cashback redemption

    Cashback or Goods Purchase through (www.canararewardz.com)

Card benefits

  • Domestic lounge access

    Complimentary domestic airport lounge access: 2 Self + 1 Guest per Qtr.

  • International lounge access

    Not offered: international lounge access (Not Available)

  • Minimum spend rules

    Expected minimum annual turnover on card ₹50,000; inactivity fee ₹200 if annual turnover of ₹50,000 is not met

Also included

  • Fuel surcharge waiver

    Fuel Surcharges at petrol pumps: Maximum of ₹100/- for the billing month would be reimbursed in the upcoming billing month in the following cases. Card should have been used for a minimum amount of ₹2500/- for purchase transactions during the billing month.

  • Surcharge on railway tickets

    Railway tickets at railway counters and on www.irctc.co.in: ₹30 plus 2.5% of transaction amount; 1% of transaction amount plus all applicable taxes

  • Air accident cover

    Air accident cover: ₹8.00 lakhs for self, ₹4.00 lakhs for spouse.

  • Insurance benefit

    Accident Cover (Other than Air Accident): ₹4.00 lakhs for self, ₹2.00 lakh for spouse.

  • Lost card liability

    Fraudulent Charge Cover ₹5,00,000

  • Purchase protection

    Purchase Protection Cover upto ₹25,000

  • Travel insurance

    Baggage Insurance Upto ₹25,000

  • Purchase to EMI conversion

    Easy EMI Conversion through Canara ai1 app. Rate of interest on EMI 13% p.a. for EMI period of 3,6 and 9 months and 14% p.a. for EMI period of 12,18 and 24 months.

Charges

  • Forex markup

    3% on foreign currency transactions.

  • Cash advance fee

    ₹30 per ₹1000 withdrawn

  • Interest on unpaid balance

    2.5% Per Month or 30% Per Annum of the outstanding Amount.

  • Interest-free period

    Upto 50 days till next Payment Due Date

  • Late payment fee

    Late payment fee of ₹250 + GST

  • Statement or duplicate statement fee

    ₹10 per page

  • EMI conversion fee

    Easy EMI Conversion through Canara ai1 app EMI Conversion Charges: Min: ₹100/-, 2% of Transaction Value and Max: ₹200/-.

Eligibility

  • Income requirement

    Independent income with a minimum of ₹3 Lakh gross per annum for individuals

Ways to redeem your points

Points expiring? Use Expiry Rescue

How we know - 3 documents from Canara Bank, checked 8 Nov 2026

3 documents from Canara Bank, checked 8 Nov 2026.

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₹0 for life

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