Base reward rate: 1 RP for every ₹200 spent, plus specific discounts: 40% off on Zomato, 10% off on BookMyShow, 5% off on utility bills via Amazon Pay, and 10% off on Blinkit.
Redemption options: edge rewards portal
Redemption value: 1 Pt = ₹0.20
Fees & Charges
Joining fee: 250
Annual fee: 250
Pros
Strong dining and grocery benefits: Offers 40% off on Zomato (up to ₹120 per order, twice a month) and 10% off on Blinkit, providing tangible monthly savings.
Significant discount on essential spending: Provides a 5% discount on utility bill payments made via Paytm, saving up to ₹150 per month.
Extremely achievable fee waiver: The annual fee of ₹250 is waived on a very low spend of just ₹5,000 per year, making it practically free for most users.
Value-positive welcome bonus: The welcome offer of 100% cashback up to ₹300 on the first utility bill payment is greater than the joining fee of ₹250.
Dedicated entertainment discount: Cardholders get 10% off on BookMyShow, with a monthly cap of ₹100, which is a useful perk for moviegoers.
Cons
Extremely low base reward rate: The card earns just 1 EDGE reward point per ₹200 spent, which translates to a mere 0.1% reward rate, far below the 0.5%-1% baseline for entry-level cards.
Strict caps limit benefit value: The card's primary benefits are heavily capped, such as the ₹100 monthly limit on the BookMyShow discount and the ₹120 per-order limit on the Zomato offer, restricting total savings.
High foreign currency markup: The forex markup fee is 3.50%, making it an expensive option for any international transactions.
Best Use Case
Consumers seeking discounts on food delivery (Zomato), movie tickets (BookMyShow), groceries (Blinkit), and utility bill payments.