Base reward rate: Earn up to 12 points per ₹100 on online spends (effective 3% on travel redemption) and 6 points per ₹100 on offline spends (effective 1.5%).
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 1999
Annual fee: 1999
Pros
Excellent accelerated reward rate of 24 points per ₹200 on all online shopping, which is significantly higher than the base rate.
Features a low foreign currency markup fee of 1.75%, offering substantial savings on international transactions compared to the industry standard of ~3.5%.
Offers premium golf benefits, including 4 complimentary green fee waivers and 1 complimentary golf lesson per year, a perk typically found on super-premium cards.
The renewal benefit of 8,000 Reward Points effectively cancels out the ₹1,999 annual fee for users who pay it.
Provides a good domestic lounge access program with 3 complimentary visits per quarter via the Visa/Mastercard network.
The annual fee of ₹1,999 can be waived on a relatively achievable spend of ₹3,00,000.
Complimentary guest lounge access included
Cons
The welcome bonus is a low-value ₹500 Amazon voucher, which is a poor return on the ₹1,999 joining fee.
Lounge access is not guaranteed and is conditional upon a minimum quarterly spend of ₹10,000, a restrictive clause not present on all competing cards.
The complimentary lounge access benefit is strictly for the primary cardholder, with no provision for accompanying guests.
The fuel surcharge waiver is capped at a maximum of ₹250 per statement cycle.
Best Use Case
High-net-worth individuals who frequently travel, shop online, and enjoy premium lifestyle benefits like golf and fine dining.