Base reward rate: 3 points per ₹100 on domestic spends, 6 points per ₹100 on international spends.
Redemption options: EDGE Points
Redemption value: 1 Pt = ₹0.20
Fees & Charges
Joining fee: 0
Annual fee: 0
Pros
Completely free to own as it comes with ₹0 joining and ₹0 annual fees.
Guaranteed approval against a Fixed Deposit (minimum ₹20,000) without requiring income proof, making it ideal for those new to credit or with low credit scores.
Offers a strong entertainment benefit with 25% cashback on movie tickets, providing up to ₹1,000 in savings annually.
Provides a superior 2.5% fuel surcharge waiver on transactions between ₹400 and ₹4,000, with a generous monthly cap of ₹400.
Features a decent accelerated reward rate of 12 points per ₹200 (approx. 1.2% value) on all international spending.
Includes dining privileges with a minimum 15% discount at partner restaurants through the 'Dining Delights' program.
Cons
Carries an exceptionally high interest rate of 52.86% per annum (4.41% per month), making it extremely costly to carry a balance.
The base reward rate on domestic spending is low at 0.6% (6 points per ₹200), and redemption options are severely restricted to only Flipkart vouchers.
Many common and high-value transaction categories, including fuel, rent, utilities, and government services, are explicitly excluded from earning reward points.
A high forex markup fee of 3.50% is charged on international transactions, which significantly outweighs the benefit from the accelerated reward rate.
Best Use Case
Individuals looking to build or rebuild credit history without income proof, offering rewards on spends and movie/dining benefits.