Base reward rate: Earn 4 Reward Points per ₹150 on all retail spends. Get 5X Reward Points (20 RP per ₹150) on Marks & Spencer, Myntra, Nykaa & Reliance Digital. (Approx. 1.33% on general spends, 6.67% on accelerated categories, assuming 1 RP = ₹0.50 for travel).
Excellent milestone benefits: Earn flight vouchers worth up to ₹10,000 annually (on spends of ₹5L and ₹7.5L) and additional quarterly vouchers of ₹2,000 (on spends of ₹1.5L/quarter).
Generous lounge access: Offers 12 complimentary domestic airport lounge visits per year and 6 international visits via Priority Pass, which is above average for this fee segment.
High accelerated reward rate: Provides a strong 5X reward rate (20 points per ₹150, a ~6.67% return) on popular brands like Myntra, Nykaa, Marks & Spencer, and Reliance Digital.
Valuable activation perks: Get complimentary Swiggy One and MMT Black Elite memberships upon spending ₹1 Lakh within the first 90 days.
Lower foreign currency markup: Features a reduced forex markup fee of 2.36%, offering significant savings on international transactions compared to the industry standard of ~3.5%.
Achievable annual fee waiver: The annual fee of ₹2,500 is waived on spending a reasonable ₹4 Lakhs in the preceding year.
Complimentary guest lounge access included
Cons
Poor reward value for cashback: The value of reward points is significantly diminished when redeemed for statement credit (approx. 0.53% return), pushing users towards the bank's travel portal for better value.
Shared international lounge access: The 6 complimentary Priority Pass visits are shared between the primary and add-on cardholders, halving the benefit if they travel together.
Lacks common lifestyle benefits: Missing popular perks often found in this segment, such as complimentary movie ticket offers (e.g., BookMyShow) or golf privileges.
Reward cap on a key category: Spends on groceries, a major household expense category, are capped at 2,000 reward points per month.
Best Use Case
Consumers who frequently shop at partner brands like Myntra and Reliance Digital, travel domestically and internationally, and can meet milestone spends for flight vouchers.