TMB Phoenix RuPay Credit Card

Checked against Tamilnad Mercantile Bank's 2 documents for this card on 02 Nov 2026

COFFER Safety Stars4 of 5See the five checks

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

₹500 a year.

₹500, waived if spends are ₹1,00,000 or more in a calendar year

Read from 2 Tamilnad Mercantile Bank documents, last checked 8 Nov 2026.

How it compares

Compared with the cards we have read

₹500 annual fee: of the 447 other open cards whose annual fee we have read, 208 state a lower one, 33 state the same and 206 state a higher one.

Fees

Renewal fee
₹500 a year.₹500, waived if spends are ₹1,00,000 or more in a calendar year
Joining fee
₹0
Fee waiver rule
Renewal Fee waived if spends ≥ ₹1,00,000 in a calendar year.

Also included

Purchase to EMI conversion
EMI Facility available for spends ≥ ₹5,000 (single or cumulative), excluding cash withdrawal

Charges

Forex markup
Up to 3.50%
Cash advance fee
3% of transaction amount (Min ₹30) at TMB ATMs; 3% (Min ₹30) plus other bank charges at other ATMs.
Cash advance interest
24% p.a. from withdrawal date till repayment
Cash withdrawal limit
25% of sanctioned credit limit.
Interest on unpaid balance
24% p.a. from transaction date.
Interest-free period
Up to 45 days
Late payment fee
₹250 + GST
Statement or duplicate statement fee
₹100 per statement (older than 2 months)
Card replacement fee
₹100
EMI conversion fee
EMI conversion Fee 0.5% subject to minimum of ₹150/

Eligibility

Eligibility
Individual or proprietor holding a TMB Current Account for at least 1 year, annual income ₹3 lakhs & above, at least 2 Income Tax Returns filed, CIBIL score minimum 700
Income requirement
Minimum annual income ₹3 lakhs & above

How we know - 2 documents from Tamilnad Mercantile Bank, checked 8 Nov 2026

2 documents from Tamilnad Mercantile Bank, checked 8 Nov 2026.

₹500 a year

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