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REWARD POINTS CARD

MasterCard World Credit Card

Canara Bank

Reward Points on POS and e-commerce spends, complimentary airport lounge visits, nil annual and joining fee, and an interest-free period of up to 50 days.

Inactivity fee of ₹300 applies if annual turnover is below ₹1,00,000. Unpaid balances attract 2.5% per month. Forex markup is up to 3%. Lounge access is at selected lounges only.

MasterCard World Credit Card
ANNUAL FEE
No annual fee
JOINING FEE
No joining fee
REWARDS
Not stated
Earning terms not yet recorded
KEY BENEFIT
Complimentary airport lounge access: domestic 3 self + 2 guest visits per quarter and international 2 self + 2 guest visits per year.
BEST FOR
Included: Applicants meeting the ₹10,00,000 gross per annum gross annual income criterion who spend at least ₹1,00,000 a year on.
Included: May suit those who want Reward Points on everyday POS and online spends with no annual or joining fee.
Included: May suit occasional travellers who would use domestic lounge visits, including guest visits, at selected lounges.
Included: May suit those who convert larger purchases to EMI through the Canara ai1 app, at the listed 13% to 14% rates.
Limitation: Low-spend users may wish to compare other cards.
Limitation: Those who spend less than ₹1,00,000 a year on the card, given the ₹300 inactivity fee may wish to compare other cards.
Limitation: Those who expect to carry a balance may wish to compare other cards.
Limitation: Those frequent cash users may wish to compare other cards.
Typical fit only. This is not personalised advice and not an indication of approval.
GOOD TO KNOW
Condition: Cash withdrawal costs 3% of the amount (minimum ₹150) at Canara Bank ATMs, plus finance charges from the withdrawal date.
Condition: Late payment fee is ₹250 + GST, in addition to 2.5% per month on the carried-over balance.

Rewards & real value

What the card earns, and what changes that figure in practice.
WHAT THE CARD EARNS
EVERYTHING ELSE
Not stated
No earning rate recorded for this card
REWARD POINT VALUE
Not stated
Effective return cannot be calculated without it

Eligibility

Minimum income
Not stated
Minimum age
Not stated
Maximum age
Not stated

Fees & ownership

Joining fee
No joining fee
Annual / renewal fee
No annual fee
Fee waived at
Not stated
Forex markup
3%
Finance charge
2.5% per month
Cash withdrawal fee
3% of the amount, minimum ₹150
Late-payment charge
Not stated
Interest-free period
Not stated

Benefits & privileges

TRAVEL
Domestic airport lounge
3 visits per quarter — 3 visits per quarter (self) + 2 guest visits · Includes 2 guest visits per quarter; access at selected lounges.
International airport lounge
2 visits per year — 2 visits per year (self) + 2 guest visits · Includes 2 guest visits per year; access at selected lounges.
Railway lounge
Not stated
Lounge spend requirement
Not stated
Lounge programme
Not stated
EVERYDAY
Fuel
Fuel surcharge refund up to ₹100 per billing month; needs ₹2,500 monthly purchases and ₹400 per fuel purchase
Dining
Not stated
RuPay / UPI
Not stated

Caps, exclusions and redemption

Major excluded categories
Not stated
Categories earning nothing
Not stated
Monthly reward cap
Not stated
Annual reward cap
Not stated
Reward point value
Not stated
Points expiry
Not stated
Redemption fee
Not stated
Minimum redemption
Not stated
Credited automatically
Not stated

Who this card may suit

MAY SUIT
Included: Complimentary airport lounge access: domestic 3 self + 2 guest visits per quarter and international 2 self + 2 guest visits per year.
Included: Interest-free credit period of up to 50 days, with a nil annual, joining and enrolment fee.
Included: Personal accident cover for cardholder and spouse, fraudulent charge cover, baggage insurance and purchase protection.
Included: Easy EMI conversion through the Canara ai1 app; ATM cash withdrawal and PoS/e-commerce use are allowed.
MAY NOT SUIT
Not stated
Typical fit only, based on the card’s own published terms. This is not personalised advice and not an indication of approval.
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Figures last checked 31 Oct 2026 against the issuer’s published terms.