Experience premium rewards and complimentary lounge access with lifetime-free benefits and comprehensive insurance coverage.
2 complimentary domestic visits per quarter
Zero Joining and Annual Fees
2 points/₹100 on POS & e-commerce transaction
Enter your details to get started
| Benefit | Details |
|---|---|
| Lifetime Free | Zero joining and annual fees. |
| Domestic Lounge | 2 visits per quarter (cardholder) + 1 guest visit per quarter. |
| Reward Programme | 2 points per ₹100 on POS/e-commerce (₹0.25 per point). |
| Insurance Coverage | Fraud ₹5L; Purchase ₹25K; Baggage ₹25K; Air accident ₹8L (self), ₹4L (spouse). |
| Interest-free Credit | Up to 50 days of interest-free credit, when the balance is paid in full. |
| EMI Conversion | Convert purchases via the Canara ai1 app. |
| Fuel Waiver | 1% surcharge waiver |
| Attribute | Classification |
|---|---|
| Issuer / Provider | Canara Bank |
| Bank / Non-bank | Nationalised Bank |
| Category | Travel / Rewards |
| Type of Card | Mastercard Platinum |
| Free or Paid | Lifetime Free |
The Canara Bank Mastercard Platinum Credit Card is designed for frequent travellers and online shoppers seeking complimentary lounge access without annual fees. This card serves individuals valuing premium benefits, including domestic airport lounge visits for both cardholder and guest, comprehensive insurance coverage, and reward points on purchases. With zero joining and annual fees coupled with modest ₹50,000 yearly turnover requirements, it proves suitable for moderate spenders appreciating travel comforts alongside financial protection. The dual lounge access for cardholder plus guest, combined with robust insurance covering fraud, purchases, baggage, and accidents, makes this appropriate for those seeking premium experiences without typical high travel card fees.
Global Usage: Accepted domestically and internationally; activate global transactions via net banking, mobile banking, or branch.
Transaction Types: Supports ATM withdrawals, POS purchases, and e-commerce with manageable limits.
Minimum Turnover: Expected ₹50,000 annual turnover to avoid the ₹200 inactivity fee.
Reward Redemption: Points redeemable at www.canararewardz.com for cashback or merchandise.
EMI Facility: Convert large purchases through Canara ai1 app.
Insurance Suite: Multi-layered protection for fraud, purchases, baggage, and accidents.
Earning Reward Points
Standard Rate: 2 reward points per ₹100 on POS and e-commerce (₹0.25 value per point).
Redeeming Reward Points
Platform: www.canararewardz.com for redemption.
Options: Cashback, merchandise catalogue, gift vouchers, travel bookings.
Zero Costs: No joining or annual fees, a lifetime free card.
Immediate Benefits: Instant lounge access and reward earning upon activation.
The Canara Bank Mastercard Platinum Credit Card provides 1% fuel surcharge waiver.
Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice.
| Fee Type | Amount | Details |
|---|---|---|
| Joining Fee | ₹0 | No charges. |
| Annual Fee | ₹0 | Lifetime free. |
| Enrolment Fee | ₹0 | No charges. |
| Criteria | Details |
|---|---|
Age | Minimum 21 years. |
Income (Individuals) | Minimum ₹3 lakh gross annually. |
Income (Staff) | Minimum ₹60K annually, ₹4K monthly net. |
Residency | Indian resident. |
Credit Score | 700 and above is usually recommended. |
| Document Type | Details |
|---|---|
| Identity Proof | PAN, Aadhaar (masked), Passport, DL, Voter ID. |
| Address Proof | Aadhaar, Passport, DL, Voter ID, recent utility bill. |
| Income Proof | Salary slips; ITR; Form 16; bank statements (6 months). |
| Photographs | Passport-size. |
| Additional | As requested by bank. |
Step 1: Click on Apply Now: Hit the "Apply Now" button to start your application.
Step 2: Fill in Your Detail: Enter your personal, contact, and financial details in the application form.
Step 3: Upload Required Documents: Upload your PAN Card, Aadhaar/Address Proof, and Income Proof.
Step 4: Submit Your Application: Review all the details and click Submit.
Step 5: Approval & Card Delivery: Once approved, your Canara Bank Mastercard Platinum Credit Card will be delivered to your registered address.
| Usage Tips | Details |
|---|---|
Maximise Rewards | Use for POS/e-commerce to earn 2 points per ₹100. |
Utilise Lounge Access | Enjoy 2 quarterly visits plus 1 guest at domestic airports. |
Maintain Turnover | Keep annual spending above ₹50K to avoid ₹200 inactivity fee. |
Leverage Interest-free Period | Pay full balance for 20-50 days interest-free credit. |
Redeem Points | Visit www.canararewardz.com for ₹0.25 per point cashback/merchandise. |
Convert Purchases | Use Canara ai1 app for EMI conversion on larger transactions. |
Activate International Usage | Enable via net/mobile banking before travelling abroad. |
Track Spending | Monitor to maintain minimum turnover requirements. |
The Canara Bank Mastercard Platinum Credit Card is designed for users who want to maximize their credit card benefits effectively.
Disclaimer: The information provided on this page has been gathered from various reliable sources and is intended solely for general informational purposes. As details may change over time, we do not guarantee the accuracy or completeness of the content. Users are advised to verify the information with official or relevant sources before making any decisions or taking action.
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