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A credit card once used is like a scoop of your favorite ice-cream. The taste is amazing undoubtedly but if taken excessively can lead to diabetes. Similar is the case with a credit card. There are unmatchable benefits you get on a credit card as compared to a debit card. But, many times you use it without thinking about the consequences and then blame the product for being out of their league. The truth is that credit cards such as Canara Bank Classic Credit Card are there to help you in times when your savings are to be saved for some other expenses.
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A credit card once used is like a scoop of your favorite ice-cream. The taste is amazing undoubtedly but if taken excessively can lead to diabetes. Similar is the case with a credit card. There are unmatchable benefits you get on a credit card as compared to a debit card. But, many times you use it without thinking about the consequences and then blame the product for being out of their league. The truth is that credit cards such as Canara Bank Classic Credit Card are there to help you in times when your savings are to be saved for some other expenses.
Benefits of Canara Bank Credit Card In times when you find yourself stuck between requirement and money, a credit card becomes the backbone and asks you to take a step forward. To use Canara Bank Classic credit card, you first need to know whether the benefits given on it are attractive enough. For that, we have given the list of features on a Canara Bank classic credit card. You can go through them and then apply for this special credit card online. The process hardly takes a few minutes and approval is also given in a short span of time. Below are the benefits you get on a Canara Bank classic credit card.
Reward Points: Collect 2 points for every Rs. 100 you spend. You can later redeem your points at Rs. 0.25 per point. • Cash Advance: A fee of 3% will be charged when you use Canara Bank ATMs, or a minimum of Rs. 30 for every Rs. 1000 withdrawn. • Zero Annual Fees: There are no entrance or annual fees attached. • Add on cards: Free add on cards for your family members above the age of 18 years.
Complimentary Accident Insurance: Complimentary insurance against accidental death due to air crash for Rs. 4 lakhs for yourself, and Rs. 2 lakhs for your spouse. • Complimentary Baggage Insurance: Coverage against lost baggage and related incidents for up to Rs. 25,000. • Special offer on Mediclaim insurance: Canara Bank has a tie-up with M/s United India Insurance Company which offers premiums at very competitive rates exclusively to Canara Bank Credit Card holders. • Fuel surcharge waiver: 2.5% fuel surcharge will be waived for petrol and petroleum products for Rs. 400 and above.
Important Fees and Charges: The fees and charges applicable on Canara Bank Classic Credit Card for your reference. • Joining Fee – Nil • Annual Fee – Nil • Supplementary Card – Nil • Interest on revolving credit – 2.5% per month or 30% per annum
Minimum due – 5% of the billed amount, subject to Rs. 100 minimum • Cash advance transaction charge at Canara Bank ATMs – 3% of transaction amount, or a minimum of Rs. 30 for every Rs 1000 crossed • Cash advance transaction charge at Other Bank ATMs – As per the respective bank On the basis of the details on Canara Bank Classic Credit Card, you may find it easier to apply. You can prefer to apply online as it will less time and is surely a hassle-free process.