Base reward rate: 2 points per ₹100 on retail purchases, 1 point per ₹100 on utilities & insurance
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 199
Annual fee: 199
Pros
Features an exceptionally low foreign currency markup of 0.99%, a significant advantage over the industry standard of ~3.5% for international spending.
Provides complimentary railway lounge access, offering 2 visits per quarter, a rare benefit for an entry-level card.
Offers achievable quarterly milestone benefits, rewarding users with 500 points on retail spends of ₹25,000 and an additional 500 points on reaching ₹50,000.
Includes domestic airport lounge access (2 visits per quarter), a premium feature not commonly expected on a card with a ₹199 annual fee.
Highly accessible for individuals building a credit score, as it's a secured card with a ₹0 minimum income requirement.
Cons
The domestic airport lounge access is tied to a high spending condition of ₹20,000 in the previous quarter, which may be difficult for the target segment to meet consistently.
The base reward rate is low, offering only 2 points per ₹100 on retail (an effective value of ~0.5%) and 1 point per ₹100 on utilities (~0.25%), which is below par.
The annual fee of ₹199 is not waived, lacking a spend-based waiver option which is a standard feature on most competing entry-level cards.
Best Use Case
Individuals looking to build or rebuild their credit score, offering low forex markup and lounge access.