Canara Bank Mastercard Gold Secured Credit Card

Joining fee

₹0Nil

Annual fee

₹0Nil

Reward rate

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

Fuel surcharge waiver

Maximum of ₹100/- for the billing month would be reimbursed in the upcoming 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

₹8.00 lakhs for self

Lost card liability

Fraudulent charge cover of ₹5,00,000.

Purchase protection

Purchase Protection Cover upto ₹25,000

Travel insurance

Baggage Insurance Upto ₹25,000

Add-on card eligibility

Add on Cards can be issued to other joint depositors.

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.

Forex markup

3% on foreign currency transactions.

Cash advance fee

3% of the transaction amount, subject to a minimum of ₹150

Cash advance interest

Finance charges from date of withdrawal till date of payment

Cash withdrawal limit

50% of Credit Limit or ₹50,000, whichever is lower.

Interest on unpaid balance

Service charges of 2.5% p.m. i.e. 30% per annum on carried over balance.

Interest-free period

Upto 50 days till next Payment Due Date

Late payment fee

Late payment fee of ₹250/- + GST

Payment return or dishonour fee

₹50 for cheque dishonor charges or unsuccessful payment instructions.

Statement or duplicate statement fee

₹10 per page for a duplicate statement.

Card replacement fee

₹300 per card (applicable for both primary and addon card)

Cheque payment / dishonour fee

₹100 per instrument plus other banks charges, if any, as collection charges for outstation cheques.

EMI conversion fee

2% of transaction amount with minimum of ₹100 and maximum of ₹200

Fuel transaction fee

1% of transaction value with minimum fee of ₹10 plus applicable taxes on petrol and all products/services sold at petrol pumps

GST note

All the above listed charges are excluding GST; 18% GST will be charged extra

Minimum amount due

5% of total outstanding amount (Min. ₹100) plus all applicable charges/fees/taxes, EMI (in cases of EMI availed by card holder) and over the limit amount (if any)

Eligibility

Issued to individuals against Deposits standing in the name of the applicant; Joint Deposits with payment condition “Either or Survivor” in which the applicant is one of the depositors shall also be accepted.