Canara Bank Credit Card

Given below is a list of Canara Bank credit cards that can be considered by individual users and corporates:

Canara Rupay Platinum and Rupay Select Credit Card

Here are the primary features of Canara Rupay Platinum and Rupay Select credit cards:

Joining and Annual Fee: NIL

Rewards: You can earn 2 reward points on every transaction of Rs. 100 valid on online as well as offline purchases. 1 reward point = Rs. 0.25

Cash withdrawal limit: 50% of the card limit subject to a maximum of Rs. 50,000 (per billing cycle)

Revolving Credit: Cardholder needs to pay a minimum of 5% of the due bill subject to a minimum amount of Rs. 100. The unpaid portion will attract 2.5% p.m on the balance outstanding

Easy EMI: EMI facility can be availed on a minimum transaction of Rs. 5000

Complimentary Accidental Insurance Cover: 

• Air Accident: Rs. 8 lacs for self and Rs. 4 lacs for spouse
• Others: Rs. 4 lacs for self and Rs. 2 lacs for spouse

RuPay Insurance on Rupay Select Credit Card: Rs. 10 lacs cover for death due to personal accident and permanent disability

Canara Bank Secured Credit Card

Canara Bank furnishes secured credit cards against the security of unencumbered KDR/FDR individually/jointly, suitable for those who wish to own a credit card but have a below-average credit performance.

Credit Limit: Minimum Rs 10,000/- & Maximum Rs 25.00 lakhs

Revolving Credit: Revolving liability/carried over liability attract only 2% p.m against 2.50% p.m for normal Credit cards

Canara Bank Visa Classic/MasterCard Standard Credit Card

Canara Bank Visa Classic Credit Card and the MasterCard Standard Credit Card share the same features as given below:

EMI Facility – Pay off the outstanding balance every month via EMIs. Do note that the minimum amount due will have to be paid.

Cash Advance Limit – Get up to 50% of the total credit limit as cash limit and withdraw up to Rs. 50,000 in a day.

Insurance coverage – Get the following insurance coverage:

• Air accident insurance coverage: Self Rs. 4.00 lakh; Spouse Rs. 2.00 lakh
• Accidental death coverage: Self Rs. 2.00 lakh; Spouse Rs. 1.00 lakh

Free Credit Period – Get up to 50 days of the interest-free credit period.

Billing Date – The billing date and due dates are:

• Canara Card VISA Classic – Billing Date will be 20^th of every month while Due date for payment will be 10^th of the upcoming month
• Canara Card MasterCard Standard – Billing Date will be the last date of the month while Due date for payment will be the 20^th of the next month

Canara Bank Global Gold Credit Card

Canara Global Gold credit card is a premium credit card that offers higher insurance coverage among other benefits. The details of the credit card are given below.

EMI Facility – Outstanding balance can be paid off every month via EMIs.

Cash Advance Limit – Withdraw up to 50% of the total credit limit. The maximum limit of cash withdrawal is Rs. 50,000.

Insurance coverage – Following insurance coverage is provided:

• Air accident insurance coverage: Self Rs. 8.00 lakh; Spouse Rs. 4.00 lakh
• Accidental death coverage: Self Rs. 4.00 lakh; Spouse Rs. 2.00 lakh

Free Credit Period – Get up to 50 days of the interest-free credit period.

Statement Cycle Dates – The billing date and due dates are:

• VISA Gold Cards – The billing date will be the 20^th of every month while Due date for payment will be the 10^th of the upcoming month
• MasterCard Gold Cards – Billing Date will be the last date of the month while Due date for payment will be the 20^th of the next month

Canara Bank Corporate Credit Card

The card is designed for businesses. The credit limit on the credit card can go up to Rs. 100 Lakh which will ensure that the firm’s business runs smoothly. Do note that this card is given only to non-individuals; like, partnership firms, solicitors, etc. Other details are:

Worldwide Acceptance – The credit card can be used worldwide wherever VISA cards are accepted.

Interest-Free Period – Get up to 50 days of the interest-free period.

Cash Withdrawal – The cash withdrawal limit is Rs. 5 Lakh. Customers can withdraw cash up to 50% of the credit limit.

Canara Bank’s Loyalty Program for Canara Credit Card users gives 2 reward points for every Rs. 100 spent using your credit card. Points shall be awarded for transactions in multiples of Rs. 100. You can earn Reward points by making payments to buy a product or pay for a service.

Accumulated Reward points shall remain valid up to 3 years from the date of accrual. If the customer fails to redeem these points before the expiry date, the same would get lapsed.

How to redeem reward points?

• Cashback: Minimum redeemable reward points accepted for cashback is fixed at 1000 reward points and in multiples of 100. These Reward points can be redeemed every quarter
• Purchase of Goods and Services: Minimum redeemable reward points accepted for purchase of goods and services is fixed at 100 reward points. These reward points redeemable regularly

Common charges applicable to all Canara Bank credit cards are shown in the table below:

Eligibility Criteria

Canara Bank credit cards are offered to individuals who meet the eligibility criteria set by the bank. These include your credit score, age, monthly income, location, etc.

The bank mandated eligibility criteria are:

Documents Required for Canara Bank Credit Card Application

Certain documents are also required in order to process Canara Bank credit card application. These are given in the table below.

Documents Required for Canara Bank Corporate Credit Card

• Board Resolution papers as per the Performa furnished by the Bank or credit card division
• Partnership deed in case of firms or Memorandum of Association and Articles of Association for companies
• Financial statements of the company for the last 3 years
• Any relevant constitution papers or financial papers

You can apply for Canara Bank credit cards by visiting the nearest Canara Bank branch. At the bank, contact an official who will guide you through the process. Submit the required documents along with the photographs to process the application. The bank will then review the documents and upon successful verification dispatch the credit card.

In case of any issues customers can get in touch with Canara Bank credit card customer care cell. The toll-free number is

1800-425-0018

Additional details can be found here.

How can I know my Canara Bank credit card balance?
You can call on the customer care helpline number to know your credit card balance. The number is 1800-425-0018. If you want to know the complete statement, follow the steps given here.

What is the minimum salary to apply for Canara Bank credit card?
The minimum salary must be Rs. 1 Lakh per annum.

Does the bank offer loans on credit cards?
No, the bank does not provide loans against credit cards.

Can I convert my outstanding bills into EMIs?
Yes, you can convert your outstanding balance into EMIs as long as they pay the minimum amount due.

Can I apply for Canara Bank Credit Card online?
No. Canara Bank does not provide online application facility. You must visit the nearest branch to apply.

What is the validity period of Canara Bank credit cards?
The validity period of the credit cards is 3 years. This is a security measure and ensures that all the credit cards are updated with the latest security protocols.

Can I request for a credit limit enhancement?
You may try to get your credit limit increased. Do note that the decision is at the bank’s sole discretion. Contact the customer care cell to get request for credit card limit increase.