Base reward rate: Earn 2 Reward Points per ₹100 on domestic spends and 4 Reward Points per ₹100 on international spends.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹1.00
Fees & Charges
Joining fee: 6500
Annual fee: 3500
Pros
Provides 1% Fuel surcharge waiver at all fuel stations.
Microchip for added security against counterfeiting and duplication.
Air accident insurance of ₹ 3 crore & Card Liability Cover of ₹ 50,000.
Access to 450 comfortable and luxurious airport lounges across 115 countries with Dreamfolks.
Up to 16 domestic and 2 international airport lounge access every year
Complimentary guest lounge access included
Cons
Extremely low base reward rate: The earning rate of 2 points per ₹100 on domestic spends translates to a reward rate of just 0.5% (assuming 1 point = ₹0.25), which is significantly below the 1.5%-2% standard for cards in this premium fee segment.
High foreign exchange markup fee: A 3.5% forex markup is uncompetitive for a premium card aimed at travelers. This fee negates the value of the accelerated 1% reward rate (4 points/₹100) on international transactions.
Restrictive domestic lounge access: Access is capped at 1 visit per quarter and is conditional upon a minimum spend of ₹5,000 in the previous quarter. Premium cards typically offer more frequent and unconditional access.
Best Use Case
Frequent international travelers and lifestyle enthusiasts seeking extensive lounge access, golf privileges, and dining savings.