Canara Bank Mastercard Gold Credit Card VS Canara Bank Mastercard Gold Secured Credit Card VS Canara Bank Mastercard Platinum Credit Card VS Canara Bank Mastercard Standard Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
Canara Bank Mastercard Gold Credit Card
Canara Bank Mastercard Gold Secured Credit Card
Canara Bank Mastercard Platinum Credit Card
Canara Bank Mastercard Standard Credit Card
Who is it for?
Who is it for?
Who is it for?
Who is it for?
Pros
Key benefits and features.
Zero annual, joining, and enrolment fees make it highly cost-effective.
Enjoy up to 50 days of interest-free credit period on all purchases.
Comprehensive insurance covers against fraud, baggage, purchase, and accidents.
Earns 2 Reward Points for every ₹100 spent on PoS/E-Commerce transactions.
Easy EMI conversion facility via Canara ai1 app with competitive interest rates.
Pros
Key benefits and features.
Zero joining, annual, and enrolment fees make the card highly accessible.
Offers a generous interest-free credit period of up to 50 days on purchases.
Earns 2 reward points for every ₹100 spent on PoS and e-commerce transactions.
Provides comprehensive insurance benefits including fraud, baggage, and accident cover.
Secured against a Fixed Deposit, ideal for building or rebuilding credit history.
Pros
Key benefits and features.
Lifetime-free card with zero annual, joining, and enrolment fees, making it highly accessible.
Enjoy 2 complimentary domestic airport lounge visits every quarter, including a guest option.
Comprehensive insurance coverage protects against fraud, baggage loss, purchase damage, and accidents.
Earn 2 Reward Points for every ₹100 spent on e-commerce and PoS transactions.
Benefit from up to 50 days of interest-free credit and easy EMI conversion via the app.
Pros
Key benefits and features.
Enjoy zero annual, joining, and enrolment fees for an affordable credit card experience.
Benefit from a generous interest-free credit period of up to 50 days on your purchases.
Comprehensive insurance covers provide security for fraudulent charges, baggage, and accidents.
Earn 2 reward points for every ₹100 spent on Point of Sale and e-commerce transactions.
Cons
Key drawbacks and limitations.
An inactivity fee of ₹150 applies if annual card turnover is below ₹25,000.
High interest rate of 30% per annum on revolved amounts can be quite costly.
Significant cash withdrawal charges (3% of transaction, min ₹30/₹1000) are applied.
Fuel surcharge waiver is capped at ₹100/month with restrictive usage conditions.
Various other fees apply for services like card replacement and late payments.
Cons
Key drawbacks and limitations.
An inactivity fee of ₹150 is charged if annual card turnover is less than ₹25,000.
High cash withdrawal charges of 3% or minimum ₹150, plus additional finance charges.
A foreign currency markup fee of up to 3% applies to all international transactions.
Reward points earning rate is relatively modest at 2 points per ₹100 spent.
Requires a fixed deposit as security, which may not suit all potential cardholders.
Cons
Key drawbacks and limitations.
High foreign currency markup of up to 3% makes international spending expensive.
Lacks specific welcome benefits, which are common with many other credit cards.
No international lounge access, limiting benefits for frequent overseas travelers.
Limited reward earning categories, primarily focused on PoS and e-commerce transactions.
Incurs a card inactivity fee if annual turnover is less than ₹50,000.
Cons
Key drawbacks and limitations.
The card does not offer any complimentary domestic or international airport lounge access.
An inactivity fee of ₹100 applies if the annual card turnover falls below ₹12,000.
High cash advance charges apply, at 3% of the transaction amount (minimum ₹30).