TMB Phoenix Credit Card VS TMB WINGS RuPay Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
TMB Phoenix Credit Card
TMB WINGS RuPay Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
Zero joining fee makes it an accessible option for new cardholders.
Specifically designed for business customers, simplifying utility and tax payments.
Comprehensive insurance benefits including personal accident and lost card liability.
Annual fee is easily waived with a reasonable spend of ₹1 Lakh per year.
Provides a generous credit-free period of up to 45 days on purchases.
Pros
Key benefits and features.
Enjoy a generous free credit period of up to 45 days on your purchases.
Comprehensive insurance coverage for personal accidents and lost card liability.
Benefit from free add-on cards for family members, enhancing convenience.
EMI facility available for large purchases, making high-value spends manageable.
No joining fee, making the TMB Wings RuPay Credit Card accessible.
Cons
Key drawbacks and limitations.
Lacks a traditional rewards program, cashback, or travel/lounge benefits.
High foreign currency markup of up to 3.50% for international transactions.
Requires an existing TMB Current Account for at least one year for eligibility.
Annual fee of ₹500 applies if the spend-based waiver condition is not met.
Cash advance transactions incur a significant charge of 3% of the amount.
Cons
Key drawbacks and limitations.
An annual renewal fee of ₹250 + taxes applies if the waiver condition is not met.
High foreign currency markup of up to 3.50% for international transactions.
Interest rates on revolving credit and cash withdrawals are 24% p.a.
Cash withdrawal charges are 3% of the transaction amount (minimum ₹30).
Requires an existing Savings Bank Account with TMB for at least one year.