The Canara Bank Mastercard Platinum Credit Card is a lifetime-free, rewarding card designed for both online and offline shoppers. With no annual or joining fees, it is ideal for users looking to maximize rewards without extra costs.
Cardholders earn 2 Reward Points for every ₹100 spent on e-commerce and POS transactions, allowing you to accumulate points quickly. These points can be redeemed for cashback or goods, making every purchase rewarding.
Travelers can enjoy complimentary domestic airport lounge access, while various insurance benefits provide protection against fraud, baggage loss, and accidental injuries. This makes the card suitable for frequent travelers as well as casual shoppers who want a hassle-free, rewarding experience.
Canara Bank Mastercard Platinum Credit Card Rewards Program
Reward Rate Cardholders earn 2 Reward Points for every ₹100 spent on PoS and e-commerce transactions with the Canara Bank Mastercard Platinum Credit Card.
Reward Redemption The Reward Points can be redeemed for goods or cashback via the Canararewardz platform. Each Reward Point has a value of ₹0.25.
Other Features and Benefits
Up to 50 days of interest-free credit.
Easy EMI conversion through the Canara ai1 app.
ATM cash withdrawal and other non-financial services.
Shop at PoS at merchant outlets.
Shop online and enjoy discounts.
Accepted domestically and internationally.
Zero annual, joining, and enrollment fee.
Earn reward points on every PoS and e-commerce transaction.
Complimentary airport lounge access.
Insurance Benefits
Fraudulent Charge Cover: Protection against unauthorized transactions up to ₹5,00,000.
Baggage Insurance: Coverage for lost or delayed baggage, up to ₹25,000.
Purchase Protection Cover: Safeguards purchases against theft or accidental damage, up to ₹25,000.
Accident Cover (Air Accident): ₹8,00,000 for the cardholder and ₹4,00,000 for the spouse.
Accident Cover (Other than Air Accident): ₹4,00,000 for the cardholder and ₹2,00,000 for the spouse.
Fees and Charges
Nature of Charge
Amount of Charge
Enrollment fee
NIL
Annual Fee
NIL
Card Inactivity Fee Applicable only if the card turnover during the card year is less than Rs. 50,000/-
Canara Bank
Airport Lounge Access
Fuel
Reward Points
