Base reward rate: Earn 1 reward point per ₹100 on most spends, accelerated to 10 reward points per ₹100 (2.5% cashback) on Dining, Movies, Grocery, and Departmental Stores.
Redemption options: statement_credit
Redemption value: 1 Pt = ₹4.00
Fees & Charges
Joining fee: 499
Annual fee: 499
Pros
Offers an excellent accelerated reward rate of 2.5% (10 Reward Points per ₹100) on high-frequency spending categories like Dining, Movies, Groceries, and Departmental Stores.
The annual fee of ₹499 is waived on achieving a very reasonable annual spend of ₹1,00,000, making it effectively free for regular users.
Provides a 1% fuel surcharge waiver at all petrol pumps in India for transactions between ₹500 and ₹3,000, with a monthly savings cap of ₹100.
Highly accessible to first-time users with a low minimum income requirement of just ₹20,000 per month for salaried individuals.
Cons
Features a very low base reward rate of just 0.25% (1 Reward Point per ₹100) on all non-accelerated categories, which is uncompetitive for general spending.
A fee of ₹99 + GST is charged for every reward redemption, which significantly erodes the value of accumulated points, especially for smaller redemptions.
The welcome bonus is a negligible ₹100 cashback that requires an ATM cash withdrawal, a transaction that incurs high fees and interest charges from day one.
Lacks common lifestyle benefits expected in this segment, such as complimentary airport lounge access or any subscription benefits for OTT or dining platforms.
Best Use Case
Consumers who frequently spend on dining, movies, groceries, and departmental stores.