Eligible spend
2 Travel Credits per ₹200 on eligible spend
Should you get this?
Conditional fit
Why this card
- Forex markup is low at 1.99%.
- Up to 6 Travel Credits / ₹200 on Travel
- You travel frequently and will use the lounge benefits.
Trade-off
The annual fee (₹4,999) is waived only when eligible annual spend exceeds ₹15,00,000.
Annual fee ₹4,999 per year
Rewards 2 Travel Credits / ₹200 base
Lounge access 8 domestic + 6 international visits / year
Forex markup 1.99% low
Compare with AU Small Finance Bank Zenith+ →
Similar lounge profile
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend2 Travel Credits / ₹200Credited as reward pointsDoes not earn on Calendar-month cap: 15,000 Travel Credits shared across General spend & Travel
- fuel
Travel6 Travel Credits / ₹200Credited as reward pointsShared across General spend & Travel
One shared ceiling applies across 2 of these categories — they draw from the same cap pool.
Redemption value
What a Travel Credit is worth
- Travel₹0.5 / pt
- Catalogue₹0.25 / pt
Transfers — Travel Credit
Ratio varies by partner · up to 1 per unit
- Airline miles
- Hotel points
Minimum redemption: 2,000Travel Credits, in multiples of 2,000.
How to avoid the annual fee
Spend threshold for waiver Above ₹15L annual eligible spend required for the waiver
Above ₹15L eligible annual spend waives the fee
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getVerified value
₹0.25 per point
Catalogue
Best verified lane
Travel
6 Travel Credits / ₹200
View bonus categories →Caps
- General spendCalendar-month cap: 15,000 Travel Credits shared across General spend & Travel
No reward on
- Fuel
Realisation
Credited as reward points
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocks
Annual fee waiver₹15,00,000yearAnnual fee waiver
Watch outs
Before choosing this card- Fee waiver requires spend above ₹15,00,000 annually.
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: Based on the standard earn rate (2 Travel Credits / ₹200). Up to ~500 Travel Credits/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
- Worth ~₹130 at the conservative redemption floor
- Fee waiver unlikely at this spend
- Forex cost ~₹1,000 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- 8 per year · verified 7 Jul 2026
- International (cardholder)
- 6 per year
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- Issuer site (verify current terms) , opens external site
- Operator-verified anchor
Rewards
- Base earn
- 2 Travel Credits per ₹200 value depends on redemption
- Effective return (honest floor)
- ~0.25% base at the catalogue redemption floor; up to ~0.5% through documented travel redemption · verified 22 Jul 2026 Conservative redemption floor; best documented path is not ranked on.
- Headline point value
- ₹0.25 per Travel Credit · verified 22 Jul 2026 Operator-verified headline rate — full channel grid in Redemption value.
- Point validity
- Points expire 2 years after earning · verified 7 Jul 2026
Insurance Cover
- Air accident cover
- ₹1 crore · verified 7 Jul 2026
- Lost card liability cover
- ₹1 lakh · verified 7 Jul 2026
- Underwriter
- Insured by ICICI Lombard General Insurance Company Limited
Fees & charges
Fees
- Monthly interest rate
- 3.75% / month
- Annual fee
- ₹4,999
- Joining fee
- ₹4,999 · verified 3 Sept 2026
- Fee waiver spend
- Above ₹15,00,000 · verified 3 Sept 2026 Annual fee waived on eligible anniversary-year spend above ₹15,00,000.
- Interest-free period
- Up to 50 days · verified 7 Jul 2026
International Use
- Forex markup
- 1.99%
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- Issuer site (verify current terms) , opens external site
- Operator-verified anchor
- Product tier
- Premium
Travel & perks
Fuel Benefits
At the pump- 1% fuel surcharge waived on transactions ₹500–₹3,000.
- Maximum waiver ₹500 per month.
- Fuel transactions do not earn reward points.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshCaps & limits
- Calendar-month cap: Calendar-month cap: 15,000 Travel Credits shared across General spend & Travel.
- After the shared cap is reached, further spending in that lane earns no rewards.
Exclusions
These spends do not earn reward points.
Financial
- Fuel
Latest update
- Annual fee: ₹4,999.
- Forex markup currently listed at 1.99%.
- 8 per year domestic lounge · 6 per year international.
Common questions
From verified card factsIs this good for lounge access?
8 domestic + 6 international lounge visits/year. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.
Is this good for international spends?
Forex markup is 1.99%, which can be useful for international spends if the annual fee and usage pattern still make sense.
Is the annual fee easy to recover?
Fee waiver applies above ₹15,00,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
Legacy data contains a possible welcome-benefit signal, but the benefit item, qualification, and fulfilment are not verified. Check the issuer welcome email, MITC, and current offer page before relying on it.
Learn more
Guides matched to this card — not a random syllabus.
- Forex markup bands
0% vs 3.5% — which cards publish what - Point transfers
When transferring beats redeeming - How reward rate works
Pts / ₹100 without the marketing fog