Base reward rate: 1 EDGE reward point on every Rs. 100 spent, with 5x points on insurance spends.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.20
Fees & Charges
Joining fee: 749
Annual fee: 749
Pros
Unique wellness benefits, offering 4 free video doctor consultations via Practo and 4 free video fitness sessions per month, which is exceptional for this fee segment.
The welcome bonus of a ₹750 Decathlon voucher effectively cancels out the first-year joining fee of ₹749.
The annual fee of ₹749 is waived on achieving a reasonable annual spend threshold of ₹2,00,000.
Provides an accelerated 5X EDGE reward points on insurance premium payments, a specialized and uncommon benefit category.
Offers a complimentary 3-month subscription to SonyLIV or Zee5, providing immediate entertainment value.
Includes a 1% fuel surcharge waiver, capped at ₹250 per month, on transactions between ₹400 and ₹4,000.
Cons
The base reward rate is extremely low at 2 EDGE points per ₹200 spent, which translates to an effective return of just 0.2% (assuming ₹0.20/point).
Completely lacks complimentary domestic airport lounge access, a feature commonly available on other cards in the ₹500-₹1000 annual fee range.
Carries a very high interest rate of 4.63% per month (55.55% p.a.), which is significantly above the industry average for this card segment.
A wide range of common spending categories are excluded from earning reward points, including fuel, wallet loads, rent, and all EMI transactions, severely limiting earning potential.
Best Use Case
Individuals prioritizing wellness benefits, dining discounts, and accelerated rewards on insurance payments.