Base reward rate: Earn 1 EDGE Reward Point on every ₹100 spent, plus up to 350 bonus EDGE Reward Points monthly based on spend milestones.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.20
Fees & Charges
Joining fee: 250
Annual fee: 250
Pros
Low entry cost with a ₹250 joining and annual fee, which is fully waived on achieving a modest annual spend of ₹50,000.
Offers a monthly milestone bonus of 350 EDGE Reward Points on spends exceeding ₹5,000, boosting the reward rate for consistent users.
Provides specific lifestyle discounts, including 50% off on an Eros Now annual subscription and up to ₹120 off monthly on Freshmenu.
Allows earning of base reward points on bill payments and recharges, a category often excluded by other entry-level cards.
Cons
Fails its core co-brand promise by offering no accelerated rewards or special benefits for transactions made on the Freecharge app.
The base reward rate is extremely low at just 1 EDGE Reward Point per transaction, offering negligible value on monthly spends below the ₹2,000 milestone threshold.
Features a restrictive, tiered milestone program where spending just under a threshold (e.g., ₹4,999) earns significantly fewer points than spending just over it (e.g., ₹5,000).
Carries a high foreign transaction markup fee of 3.50%, making it an expensive option for international purchases.
Excludes several common and high-value spending categories from earning any reward points, including Fuel, Wallet Loads, and Rent payments.
Best Use Case
Individuals seeking a low-fee card with basic rewards on general spends and specific discounts on entertainment and food delivery.