Base reward rate: 2 Reward Points on every ₹150 spent (4 Reward Points on online spends)
Redemption options: cashback
Redemption value: 1 Pt = ₹0.20
Fees & Charges
Joining fee: 500
Annual fee: 500
Pros
Offers a significant milestone benefit of a ₹500 gift voucher on spending ₹50,000 per quarter, which translates to an effective 1% return on that specific spend.
The annual fee of ₹500 is waived on a very achievable annual spend of just ₹50,000, making the card effectively free for moderate spenders.
Provides accelerated rewards on a broad and popular category, earning 4 Reward Points for every ₹150 spent online (a 2X multiplier over the base rate).
The joining fee is effectively nullified by the welcome bonus of 500 Cash Points received upon payment of the ₹500 fee.
Includes a specific dining benefit, offering up to 20% savings on restaurant bills when paid via the Swiggy Dineout program.
Cons
The base reward rate is very low for a cashback-focused card. At 2 Reward Points per ₹150, the effective cashback value is approximately 0.27%, which is substantially lower than the 1% or more offered by many competing entry-level cards.
Reward Points come with a 2-year expiry period, which can lead to a loss of value if not redeemed in time, a significant drawback compared to cards with non-expiring points.
Key spending categories such as fuel transactions, wallet loads, and voucher purchases are explicitly excluded from earning any reward points, limiting the card's utility.
Lacks any direct entertainment benefits, such as discounts on movie tickets or OTT platform subscriptions, which are often available on other cards in this fee segment.
Best Use Case
First-time credit card users and those looking for basic rewards on everyday and online spending.