CANARA CREDIT CARD PRIVILEGES:
Cards are issued with domestic/ global usage validity. Global cards will be issued on specific request.
- Minimum Gross income to get CANARA CREDIT CARD is Rs.100,000 p.a. only.
- Liberal Card limit. Get up to 30% of your gross annual income as your Card limit. Fixing of the limit is at the sole discretion of Canara Bank.
- Cash withdrawal limit up to 50% of your card limit (Maximum Rs. 50,000 only).
Cash withdrawal charges only Rs.30 per thousand. Minimum Rs.30 only. - Free Credit period from 20-50 days
- Cash withdrawal facility at all ATMs of Canara bank & other Bank ATMs. li>
- No Interest on cash withdrawal if paid by the due date. If not paid by the DUE DATE,
interest is charged from DUE DATE only and not from the DATE OF CASH WITHDRAWAL. - Opt for Revolving Payment system and pay only 5% of the billed amount and defer the payment. Carried over balance attracts service charges at 2.5% p.m. plus applicable service tax only.
- We provide free accident Insurance to you and your spouse too against the risk of
death due to accident. - Lost Card protection! Liability restricted to Rs.1,000 only from the time of reporting.
- Free card replacement in case of mutilation / loss of card.
- Free SMS alerts on all transactions. Please provide your Mobile Phone number for activating this facility
- Reward points: Earn two reward points for every purchase transactions of Rs 100/- (conditions apply). Value of one reward point is Rs 0.25. Please visit www.canararewardz.com for details and registration /view/redemption of reward points.
- Wide payment options for paym,ent of Canara Credit Card dues:
- Auto debit facility ,from cardholders operative account with any of the Canara bank Branches
- Electronic Fund Transfer (NEFT) facility available for payment of Card dues.
IFSC CODE: CNRB0001912 Account number as Card number. - Get free Demand Draft from any of the branches towards payment of your card dues.
- Remit cash or Cheque at any branches of Canara Bank towards repayment of card dues.
You may cover your family with Floating Medical Insurance Cover under Family CANARA MEDICLAIM Policy /Individual Cancomfort Policy with United India Insurance Company Limited at discounted rates. Avail cashless hospitalization facility, at networked hospitals.
CANARA CREDIT CARD FOR DIFFERENT SEGMENT OF CUSTOMERS:
The credit card has become a vital part of every one’s life on account of benefits derived from it. The cardholder has the privilege of paying for hotels and restaurant expenses, services, shopping Airlines bills, Telephone bills and other shopping needs, through the card. This eliminates the need to carry cash, which is inconvenient and risky. We offer wide range of products backed by excellent customer service. Please follow the links for more details.
- The Cards issued by default are for domestic and global usage.The Global cards are issued only on customer request.
- The card is offered to resident individuals having a minimum Gross income of Rs.100, 000 p.a. only.
- The spending limit on card at par the income level on customer which is up to 30% of the gross annual income, however this is subject to sole discretion of the Bank.
- The Cash withdrawal limit of card is offered as maximum up to 50% of the card limit or Rs. 50,000 whichever is higher. The charges for cash withdrawal are Rs.30 per thousand or Rs.30 whichever is higher.
- The Free Credit period offered on Canara Bank credit card is 20 days to 50 days.
- Customer may enjoy the Cash withdrawal facility at any Canara Bank ATM or other Bank ATMs.
- For cash withdrawal No Interest is charged, if the same is paid within the due date.
- Minimum payment amount per bill is only 5% of the total billed amount with minimum payment of Rs. 100 and customer may carry forward the remaining amount. However due payment which is carried over from previous bill will attract 2.5% p.m. as interest charges.
- The card comes with free accidental Insurance for self and their spouse against the perils of accidental death.
- In the event of Lost Card, the protection Liability is limited to Rs.1, 000 only from the time of reporting.
- Nil charges for card replacement in the event of mutilation or loss of card.
- Free SMS alerts on the registered mobile number for all transactions to keep a track on spending and the limit balances.
- Worthwhile Reward points earning in the Canara Bank credit cards.
- Manifold payment options Credit Card due amount.