Canara Bank
Canara RuPay Classic Credit Card
Annual Fee
Lifetime FreeBase Reward
2% points
Foreign Markup
3% on Forex Transactions
Welcome Benefits
N/A
Product Highlights
- Upto 50 days of interest free credit
- Easy EMI Conversion through Canara ai1 app
Fee Waiver
N/A
Reward Calculator
Earns ₹750/year (net)
Modest gain. Solid hold if you like the perks.
₹25K
across all your buckets
3K
Canara Reward Points
₹750
via standard · ₹0.25/pt
Effective rate
0.25%
Annual fee
FREE
Year 1 net
+₹750
Year 2+ net
+₹750
ongoing
Adjust your spend by reward bucket
1 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, rent, wallet, emi, cash advance, government
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Rewards Points for every PoS / e-commerce transaction.
- Cashback or Goods Purchase through (www.canararewardz.com)
Benefits & Features
Domestic: N/A International: N/A N/A
Pros & Cons
Pros
- Zero Annual, Joining and Enrolment Fee
- 2 Points per every ₹100 spent on POS/E-Commerce
Cons
- Cash-Withdrawal Limit 50% of Credit Limit or ₹50,000, whichever is lower
- Inactivity Fee of ₹100 if annual turnover is less than ₹12,000
Additional Info
Expected minimum Annual Turnover on Card ₹12,000.
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
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Fees & Charges
Eligibility
Salaried
₹0.6L+
Self-Emp
₹2.0L+
Networks
Fee Waiver
N/A