Base reward rate: 1 pt/₹100 on most spends, 5x on groceries, movies & department stores
Redemption options: value
Redemption value: 1 Pt = ₹0.20
Fees & Charges
Joining fee: 500
Annual fee: 500
Pros
Offers a strong 5X reward rate on essential spending categories like groceries, department stores, and movie tickets.
The annual fee of ₹500 is easily waived on a low annual spend of just ₹35,000, making it effectively free for regular users.
Features a unique 'Prompt Payment Bonus' that provides 0.5% of the bill amount back as cashback for paying the total amount due on time.
The joining fee is reversed on spending a minimal ₹6,000 within the first 60 days.
Provides a standard 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 across all Indian petrol stations.
Cons
The base reward rate of 1 point per ₹100 spent is very low, translating to an effective return of just 0.25% (assuming a standard 1 point = ₹0.25 redemption value).
The 5X rewards on movie tickets are capped at a maximum of 1,000 points per billing cycle, limiting the benefit for high spenders in this category.
Key spending categories like Wallet Loads, Rental Spends, Educational Fees, and Government Transactions are excluded from earning reward points.
The card carries a high foreign exchange markup fee of 3.50%, making it expensive for any international use.
The interest rate is high at 3.25% per month (39.00% p.a.), making it costly if you carry a balance.
Best Use Case
Consumers looking for accelerated rewards on everyday spending like groceries, movies, and department stores.