Base reward rate: Earn up to 3X rewards on electronics & apparel, 2X on entertainment, and 1X on all other categories.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 0
Annual fee: 750
Pros
Exceptionally low interest rate of 5.88% p.a. (0.49%/month), which is significantly below the industry average of 36-42% p.a. for similar cards.
Comprehensive lounge access for a low-fee card, offering 2 domestic visits per quarter and 4 international visits per year.
Cost-effective ownership with a zero joining fee and a very achievable annual fee waiver on spends of just ₹75,000.
Good lifestyle and milestone benefits, including a Buy One Get One offer on INOX movie tickets each quarter and complimentary Swiggy vouchers for spending ₹20,000 quarterly.
Accelerated rewards on common retail categories, offering 3X points on Electronics & Apparel and 2X on Entertainment.
Strong welcome bonus of a ₹500 Amazon voucher on a low minimum spend of ₹3,000 within the first 30 days.
Complimentary guest lounge access included
Cons
The valuable lounge access benefit is conditional and requires a minimum spend of ₹20,000 each quarter to be activated.
The rewards program lacks a direct cashback or statement credit option, limiting redemption to a catalogue of merchandise and vouchers which may offer lower value.
High foreign currency markup of 3.50%, which makes the card expensive for international transactions and devalues the international lounge access perk.
Key spending categories such as rent payments, e-wallet loading, and government services are excluded from earning any reward points.
Best Use Case
Individuals who frequently spend on electronics, apparel, and entertainment, and enjoy travel with lounge access.