Base reward rate: Up to 5% cashback on Snapdeal, 2.5% on online/grocery/departmental stores, and 1% on other spends.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 249
Annual fee: 249
Pros
Excellent 5% cashback equivalent on the Snapdeal app and website, calculated as 20 points per ₹100 spend.
High 2.5% cashback equivalent on broad, high-frequency categories including all Online Shopping, Departmental Stores, and Groceries (10 points per ₹100).
Strong base reward rate of 1% cashback equivalent (4 points per ₹100) on most other categories, which is superior to many entry-level cards.
Valuable welcome bonus of up to ₹500 in Snapdeal vouchers, which is more than double the joining fee of ₹249.
User-friendly reward system where points are automatically converted to statement credit, eliminating manual redemption hassles.
Provides a standard 1% fuel surcharge waiver, saving up to ₹250 per month on transactions between ₹400 and ₹5,000.
Cons
The accelerated 2.5% cashback on online, grocery, and departmental store spends is severely limited by a cap of 2,000 reward points per statement, restricting the benefit to the first ₹20,000 of spending in these categories.
The welcome bonus is provided as Snapdeal vouchers, locking its value to a single platform instead of offering flexible cashback.
Key spending categories like utility bill payments and government transactions are explicitly excluded from earning any reward points.
The card lacks a spend-based waiver for its ₹249 annual fee, a common feature offered by most competing cards in this segment.
Best Use Case
Individuals who frequently shop on Snapdeal and other online, departmental, or grocery stores.