Base reward rate: 4 Reward Points per ₹150 on online spends, 2 Reward Points per ₹150 on other spends
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 500
Annual fee: 0
Pros
Exceptional lounge access for its fee segment, offering 8 domestic visits (Franchise Lounge) and 6 international visits (Priority Pass) per year.
Provides valuable, business-specific insurance including a Corporate Liability Waiver against employee fraud (up to ₹25 lakh) and Fire & Burglary protection for goods.
Offers accelerated rewards on a broad and relevant category, earning 4 points per ₹150 on all online spends, which is double the base rate.
Features a straightforward redemption process where points can be converted into direct statement credit, offering superior flexibility over catalog-based rewards.
Includes an easily achievable milestone benefit of 2,500 bonus Reward Points on annual spends of just ₹1.8 lakh.
Complimentary lounge access with no minimum spend requirement
Cons
The base reward rate is very low; 2 points per ₹150, at a typical redemption value of ₹0.20/point, translates to an effective cashback of only ~0.26%, which is uncompetitive.
A flat fee of ₹99 is charged on every reward redemption, significantly diminishing the value of the points, especially for smaller redemption amounts.
Carries a high foreign currency markup fee of 3.50%, which makes international transactions costly and undermines the value of the complimentary international lounge access.
Key business-related spending categories such as rent payments and e-wallet loading are explicitly excluded from earning reward points.
Best Use Case
Business owners and professionals seeking rewards on online and general business expenses, with robust fraud protection.