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Credit Card

Central Bank of India brings its rich experience and unmatched customer service features while offering its credit card products. The products offered by central bank in its credit card division are backed by strong service ethics and a highly customer-centric approach. Central Bank of India Credit Card are crafted to meet the need of users and yield maximum benefits to its customers. Central Bank has been accredited as one of the first Public sector banks to offer platinum credit cards. Be it in terms of acceptance or the offers, Central bank credit card brings the true value of every bit of money spend using the card.
 

Central Bank of India Credit Cards is available in multiple variants and have been designed to fulfil specific needs of its card holders. Some of the well known credit cards from Central Bank of India are:
 

  • Cent Titanium Card
  • Cent Visa Platinum credit card 
  • Cent Visa Gold credit card
  • Cent World Credit Card
  • Cent IDA Co-branded credit card
  • Cent Big Cinemas Credit Card
  • Cent Aspire Credit Card

Benefits of Central Bank credit cards

  • Balance transfer options to transfer from one bank credit card to a Cent Visa Gold or Cent Visa Platinum credit card.
  • A central bank of India credit card comes with an interest free credit period between 20 days to maximum 50 days.
  • Cash withdrawal limit as high as 80% of your total credit limit.
  • Option of add-on cards for your spouse, children, parents and siblings over the age of 18 to take care of their financial needs.
  • You can get information regarding your credit card status as text messages on your mobile phones.
  • You can check the status of your application with the concerned bank by providing them with your application number.
  • You will be requested to provide your PAN Card number.
  1. MasterCard Titanium Credit Card

Key Features

  • The card is one of the most popular variants offered by MasterCard
  • Nil enrollment fee
  • No annual fee
  • Free credit period of maximum 55 Days.
  • Free Add-On Credit Cards.
  • Enhanced security features with Integrated EMV Chip on the credit card.
  • Free SMS Alerts on all transactions to card holder.
  • Other features include payment reminders to avoid any late payment, confirmation message for payment received & occasional offers.
  • Dedicated Customer Care with toll free numbers available 24 by 7.
  • Instant cash Access through Central Bank’s ATMs.
  • Revolving Credit limit facility on purchases made using the credit card
  • E- Statement sent to the registered email id.
  • Payment through auto- debit facility for Central Bank account holders
  • An assortment of MasterCard offers offered on the card.
  • Complementary access to selected Airport Lounge across India
  • The card is valid for five years from month of issue.
  • 1 Anmol reward point for Rs.100 spends.
  • Cardholders have to get themselves registered for Anmol Loyalty & Reward program.
  1. Visa Platinum Credit Card

Key Features

  • A premium credit card offered through VISA international and acceptable for Domestic and International usage.
  • Globally accepted over 29 million Merchants and over 1 million ATM centers.
  • First grade services card with all premium features and value adds to meet the expectation of a global travelers.
  • Occasional offers of discount at hotels booking and other exclusive shopping offers throughout the year.
  • Available for resident individual between age group of 18 -65 years
  • Optional Revolving Credit facility is offered
  • Enhanced security features with Integrated EMV Chip  on the credit card
  • Free SMS Alerts on all transactions to card holder.
  • Other features include payment reminders to avoid any late payment, confirmation message for payment received & occasional offers.
  • Dedicated Customer Care with toll free numbers available 24 by 7.
  • Instant cash Access through Central Bank’s ATMs.
  • Revolving Credit limits Facility.
  • E- Statement on the registered mail id.
  • Payment through Auto- debit facility for Central bank account holders
  • An assortment of MasterCard offers offered on the card.
  • Complementary access to selected Airport Lounge across India 
  • The card is valid for five years.
  • 1 loyalty point for every Rs.100 spent.
  • Cardholders have to get themselves registered for Anmol Loyalty & Reward program.
  1. Visa Gold Credit Card

Key Features

  • Another premium credit card offered through VISA international and widely acceptable for both Domestic and International usage.
  • Globally accepted over 29 million Merchants and at over 1 million ATM centers.
  • First grade services card with all premium features and value adds to meet the expectation of a global travelers.
  • Occasional offers of discount at hotels booking and other exclusive shopping offers throughout the year.
  • Available for resident individual between age group of 18-65 years
  • Optional Revolving Credit facility is offered
  • Enhanced security features with Integrated EMV Chip  on the credit card
  • Free SMS Alerts on all transactions to card holder.
  • Other features include payment reminders to avoid any late payment, confirmation message for payment received & occasional offers.
  • Dedicated Customer Care with toll free numbers available 24 by 7.
  • Instant cash Access through Central Bank’s ATMs.
  • Revolving Credit limits Facility.
  • E- Statement on the registered mail id.
  • Payment through Auto- debit facility for Central bank account holders
  • An assortment of MasterCard offers offered on the card. 
  • The card is valid for five years.
  • 1 Anmol reward point for every Rs.100 spent.
  • Cardholders have to get themselves registered for CBI’s Anmol Loyalty & Rewards program.
  1. World Credit Card

Key Features

  • A credit card dedicated to the frequent traveler to all parts of globe.
  • Wide international validity makes it the most perfect match in any body’s wallet looking to make every visit abroad a mesmerizing one.
  • Higher reward points at outlets for every purchase and card holder can avail from a selection of redemption options, exclusive discounts clubbed with personalized services.
  • Complementary voucher for Airline Ticket.
  • Exclusively designed offers for WORLD Credit Card holders offered in partnership with MasterCard
  • Complementary access to selected Airport Lounge across India
  • Accidental Insurance coverage of Rs.10 lakhs.
  • Insurance protection for Lost card of liability coverage up to one lakhs
  • Waiver Petrol Fuel surcharges
  • For all International Spend , card holder can earn 4 loyalty points on per Rs.100/- spend.
  • For domestic spend card holder can earn 3 loyalty points on spend of per Rs.100/-
  • Enhanced security for all online transaction with MasterCard 3D Secure Code.
  1. Aspire Credit Card

Key Features

  • An add-on credit card issued with Cent Aspire Fixed Deposit.
  • Platinum Credit Card with high grade security feature of EMV Chip system provided in partnership with VISA International.
  • The Maximum Credit Limit available with Aspire card is 80% of the Fixed Deposit amount wherein the Maximum cap is Rs.4 lakhs.
  • Free credit period for 55 days.
  • Marginal interest rate @ 1.20% per month for rollover amounts.
  • No income certificate or CIBIL verification required.
  • Cash withdrawal facility available for amounts up to 100% of the credit limit at the applicable bank rate.
  • Personal Accidental Cover of Rs, 1 lakh as a part of Group Insurance Scheme.

Terms & Conditions for Aspire Deposit Scheme for secured Credit Card from Central Bank of India

  • FD is available for any resident individual of age more than 18 years.
  • Minimum FD amount should be Rs. 20,000 and subsequently in Rs.1000/multiples.
  •  There is no maximum limit for FD amount
  • Maximum Credit Limit available on credit card is 80% of FD amount wherein the Minimum amount is Rs. 16,000/- & the Maximum limit of Rs. 4 lakhs.
  • The fixed deposit will be under lien and put on auto renewal
  • The Original Term deposit certificate is handed over with lien marked to the customer.

Documents Required for Credit card application.

  1. Application form with 2 photographs
  1. Identity proof
  1. Proof of address
  1. Income certificate/ Salary slip / form 16 for salaried individuals
  1. Income certificate/ITR for last 3 years / Form 16 for self employed individuals

Fee & Charges:

Nature of Charges

Charges*

Issuing Charges

  1. Titanium  Card, Gold card , Platinum card,: No Charges
  2. World Credit card : Rs.500
  3. Cobranded IDA card: NIL
  4. Aspire credit card: NIL
  5. Big Cinema credit card : NIL

 

Annual charges

 

  1. Nil for Titanium  Card, Gold card , Platinum card
  2. Rs. 500 for  Aspire credit card  
  3. Rs. 998 for Big Cinemas credit card  
  4. Rs.500 for World credit card  
  5. NIL for Cobranded IDA credit card  

Add-on card

NIL

Renewal of credit card

Rs.100

lost card Reinstatement/Replacement

Rs100 per card

Emergency card replacement (Overseas)

 

Rs150 per card

Exceeding credit limit

2% over and above the sanctioned credit limit or minimum Rs. 100/-.

De-blocking charges

Rs100 per De-blocking

Charge slip Retrieval Charges

Rs100 per charge slip

Late Payment Fee

World Card/IDA/Other Super Premium Card:

  • No charges for due amount less than Rs 100/-
  • Rs. 100/- for due amount higher than Rs 100/-

 

Aspire credit card –Min Rs.100/- and Max. Rs10,000/and thereafter 1% of outstanding amount.

Cheque Return Charges

Rs150 per Instrument

Dishonor of ECS/Auto Debit

Rs150 per Auto Debit return

Duplicate statement request

(beyond3months)

Rs100 per request

Cash withdrawal

Rs100 + ST

Petrol transaction charge

Big Cinema Credit card /World Credit Card/IDA card: No charges for Transaction between RS. 400 to Rs 4000 otherwise @2.5%

All Other Cards:-2.5%

Railway Ticket Purchase or cancellation fee

2.5% + Rs. 30  per Transaction

Forex transactions

Association conversion mark-up fee 3.5%

Service Charge on Residual amount

Type of Card

Service Charge

Silver Credit Card          

 2.50% per month or part thereof rollover amount ,post Minimum due payment

Gold Credit Card          

 2.75% per month or part thereof rollover amount ,post Minimum due payment

Platinum/IDA  Credit Card     

 2.99% per month or part thereof rollover amount ,post Minimum due payment

Titanium  Credit Card            

 2.99% per month or part thereof rollover amount ,post Minimum due payment

World  Credit Card      

 3.50% per month or part thereof rollover amount ,post Minimum due payment

Big Cinema  Credit Card

 2.99% per month or part thereof rollover amount ,post Minimum due payment

Aspire Credit Card     

 1.20% per month or part thereof rollover amount ,post Minimum due payment

Other Features of Central Bank Credit card

  1. EMI Facility
  • Central bank offers the options of payment of its credit card on EMI basis as well.
  • It’s a simple, hassle free and paperless process which is offered at low interest rates.
  • EMI Payments option is available on all types of Central Bank Credit Cards.
  • The minimum overdue amount should be Rs.3000/- and above to be eligible for EMI scheme.
  • The facility of EMI option is available only on purchases done Online through E-Com Merchants who have tie-up with the Service Provider.
  • The facility is not offered on purchase done though offline mode i.e. POS outlets
  • The applicable interest rates are given below:

Sl.No.

Duration of EMI

Interest Rate + Applicable taxes

1.

3 Months

13%

2.

6 Months

13%

3.

9 Months

14%

4.

12 Months

14%

 

  1.  Blocking the Lost Credit card through SMS facility.
  • Central Bank of India offers state of the art on line facilities to its customer of various products. Central bank credit card holders can get their credit card blocked instantly in case the same is stolen or lost.
  • Card holder needs to SMS from his registered mobile number to get the card blocked
  • The customer can choose either of the keywords i.e. BLOCK or STOLEN to send the SMS to the number provided by the bank.
  • 2 different options available to block the card
  • In case customer holds multiple credit cards and doesn’t remember any of the card number, he needs to select the option 1.
  • Option 2, in case customer wants to block a specific card registered under his name.

Central Bank Credit Card Reward Point Offers

  • Central Bank brings a host of offers through its reward point program on its credit cards. Anmol Rewardz Loyalty Program on Central Bank credit card is one its kind rewards Program brings the extra value for money whenever a credit card holder spends using the Central Bank credit cards.

How to get enrolled into the Central Bank Anmol Rewardz Program

  • As a first step, all Central Bank credit card holder are pre-enrolled for Central Bank Anmol Rewardz scheme. Once the credit card is issued in applicant’s name, all card holders have to first activate their credit card on Anmol Rewardz web portal.

Features of Anmol Points

  • Each card holder is entitled to earn Anmol Reward points which are later on accrued in the card account for all their Spends at Point of Sale (POS) as well as purchases done online using Central Bank Credit Card.
  • For each 100 Rs. Spent using the central bank credit card , the card holder will earn following Anmol Points as per type of Credit Card
  • Each Anmol Point  has a value of  Rs. 0.30 

Sl no

Type of Credit Card

Points Earned

1

Master Card World

3 points per Rs 100 Spent on Domestic  Spends / 4 points per Rs 100 spent on International Spends

2

Master Titanium

1 point per Rs 100 Spent

3

Master Gold 

1 point per Rs 100 Spent

4

Master Domestic

1 point per Rs 100 Spent

5

Master Electronic

1 point per Rs 100 Spent

6

Visa Platinum

1 point per Rs 100 Spent

7

Visa Gold

1 point per Rs 100 Spent

8

Visa Domestic

1 point per Rs 100 Spent

How to check for Anmol Rewardz account balance

  • The reward points earned through Anmol Rewardz scheme is mentioned on the credit card statement sent to customer every month. 
  • Apart from physical statement. The card holders can also check their balance and redemption options online by visiting the online rewards portal. 
  • The card holder has to login using the login Id & password generated while registering the card.

Redemption Option for Anmol Points

Central Bank Anmol Rewardz card holder can redeem their Anmol Points against various offers as provided on each type of card. The card holder can opt to get FREE gifts, merchandise and other services from the redemption catalogue as provided. There are no charges for this option. The redemption platform of FREE gifts and merchandize includes the following:

  • Air tickets
  • Movie tickets
  • Bus tickets
  • Mobile/DTH Recharge
  • Other Merchandise such as electronics, jewellery, home and décor, sports and fitness merchandise
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