Base reward rate: 1% cashback on other spends, up to 7.5% on Myntra, 5% on Flipkart & Cleartrip.
Redemption options: cashback
Redemption value: 1 Pt = ₹1.00
Fees & Charges
Joining fee: 500
Annual fee: 500
Pros
Offers an exceptional 7.5% cashback on Myntra and a highly competitive 5% on Flipkart, which is above the market standard for co-branded cards.
Provides a superior user experience with cashback automatically credited to the monthly statement, eliminating the complexity of points redemption.
Extends accelerated rewards to lifestyle and travel with 4% cashback on PVR and Cult.fit, and 5% on Cleartrip.
Includes dining benefits with up to 15% discount at partner restaurants through the EazyDiner program, a valuable perk for this card's fee level.
Cons
The annual fee waiver requires a high spend of ₹3.0L, a threshold significantly higher than the typical ₹1.5L-₹2.5L for cards with a ₹500 fee.
Cashback is not applicable on a wide range of common transaction categories, including utility bills, telecom, insurance, wallet loads, and fuel.
The complimentary domestic airport lounge access, a key benefit often expected in this segment, has been removed, significantly reducing its value for travelers.
The card carries a very high interest rate of 52.86% per annum, making it extremely costly for users who revolve their credit balance.
Best Use Case
Frequent shoppers on Flipkart, Myntra, and Cleartrip looking for high cashback.