By Ankur Mittal
Updated On July 15, 2022

Canara Bank is one of the largest public sector banks in India which was established in Mangalore in 1906. Currently, the bank has its headquarters in Bengaluru. It got nationalized in 1963. Canara Bank was one of the first public sector banks that joined the MasterCard ATM network in 2000. Over the last 2 decades, it has grown and spread its network all across India. Canara Bank started issuing credit cards in 2002. It offers various credit cards packed with various exciting and exclusive deals and features and other banking facilities.
Hereunder are the top credit cards offered by the Canara Bank and their features and benefits with the applicable charges, eligibility criteria, and required documents.

Canara Bank Credit Cards

List Of Best Canara Bank Credit Cards in India

Canara Bank currently has only a few credit cards in its portfolio, but all of them can be considered great for individuals who are loyal to the bank and want to start their journey with a basic Canara Bank Credit Card Only. In this article, you will find the list of best credit cards in the country as well as their detailed features and benefits:

Table of Contents
Canara Bank RuPay Platinum Credit Card

Welcome Benefits

NA

Rewards Rate

Earn 2 reward points on every Rs. 100 spent on this card including on e-commerce transactions.

Joining Fees

Nil

Canara Bank RuPay Select Credit Card

Welcome Benefits

NA

Rewards Rate

Earn 2 reward points on every Rs. 100 spent on this card including on e-commerce transactions.

Joining Fees

Nil

Welcome Benefits

NA

Rewards Rate

2 Reward Points on every spend of Rs. 100.

Joining Fees

Nil

Canara Bank Credit Cards Features and Benefits

Being one of the popular banks and card issuers in the country, Canara Bank provides its customers with some great benefits across different categories. The following are some of the general benefits that you will get with almost all the credit cards offered by the Canara Bank:

  • Welcome Benefits: Welcome benefits are the offers or gifts provided to credit cardholders when they newly join a card membership. These can be of different types such as bonus reward points, gift vouchers, etc, and will most probably be offered to you after payment of the joining fee.
  • Rewards: Whenever you make a purchase using your Canara Bank Credit Card, you get rewarded in the form of reward points/cashback. The reward rate can be different for different cards and categories.
  • Travel Benefits: Some of the Canara Bank Cards may also offer travel benefits such as complimentary lounge access, discount on hotel/flight bookings, etc.
  • Other Benefits: Other types of benefits that you may get with the Canara Bank Credit Cards include fuel surcharge waiver, zero liability protection, and many more.

Top Canara Bank Credit Cards

The list of the top and most popular credit cards offered by the Canara Bank is given below. You can also check their detailed features and benefits and choose a card that seems to suit you the best:

Canara Bank RuPay Select Credit Card

In partnership with RuPay Canara Bank has launched Canara Bank RuPay Select Credit Card. You not only enjoy the offers provided by the Canara bank but also by RuPay. The primary features of Canara Bank RuPay Select Credit card are;

  • There is no joining and annual fee.
  • You earn 2 reward points per Rs. 100 spent on this card.
  • You get comprehensive insurance coverage of up to Rs. 10 lakhs.
  • You get complimentary lounge access on this card.

Canara Bank RuPay Platinum Credit Card

Canara bank RuPay Platinum Credit card has the same features as that of Rupay Select except for insurance cover. The comprehensive insurance coverage has included the air accidental death insurance for the spouse too along with the primary cardholder. The primary features of Canara Bank RuPay Platinum Credit card are;

  • There is no joining and annual fee.
  • You earn 2 reward points per Rs. 100 spent on this card.
  • You get complimentary lounge access on this card.
  • You get insurance coverage;
    • Air Accident: Rs. 8 lakhs for self and Rs. 4 lakhs for the spouse.
    • Others: Rs. 4 Lakhs for self and Rs. 2 lakhs for the spouse.
  • You also get luggage insurance up to Rs. 25,00 and purchase protection up to Rs. 25,000.

Canara Bank Visa Classic/MasterCard Standard Credit Card

Canara Bank also issues Visa and MasterCard credit cards. Both variants offer exclusive deals and features. The primary features of Canara Bank Visa Classic/MasterCard Standard Credit card are;

  • There is no joining and annual fee.
  • You earn 2 reward points per Rs. 100 spent on this card.
  • You get complimentary lounge access on this card.
  • You get insurance coverage;
    • Air Accident: Rs. 4 lakhs for self and Rs. 2 lakhs for the spouse.
    • Others: Rs. 2 Lakhs for self and Rs. 1 lakhs for the spouse.

Canara Corporate Credit Card

Canara Bank launched Canara Corporate Credit Card to meet the requirements of the corporates providing a high cash withdrawal limit. The primary features of Canara Bank Corporate Credit card are;

  • There is no joining and annual fee.
  • You earn 2 reward points per Rs. 100 spent on this card.
  • You get complimentary lounge access on this card.
  • You get 50 days interest-free period on this card.
  • You can enjoy the cash withdrawal facility of up to Rs. 5 lakhs.

Listed below is a summary of the reward benefits, travel benefits, reward redemption, applicable fees and charges, and eligibility criteria.

Canara Bank Credit Card Reward Points:

As discussed earlier, all the Canara Bank Credit Cards come with a different reward rate. Also, the reward rate may vary n the basis of different categories. The premium cards or the cards that come with a higher annual fee generally offer a higher reward rate as compared to the cards that come with a zero or low annual fee. In order to choose the right credit card for yourself, you should make sure that you go with a card that offers a good reward rate on the categories where you spend the most. The reward rates of the Top Canara Bank Credit Cards are mentioned in the table below:

Credit Card Reward Points
Canara Bank RuPay Select Credit Card 2 RPs on every Rs.100 spent on this card.
Canara Bank RuPay Platinum Credit Card 2 RPs on every Rs.100 spent on this card.
Canara Bank Visa Classic/MasterCard Standard Credit Card 2 RPs on every Rs.100 spent on this card.

Rewards Redemption:

The Canara Bank enables all the credit cardholders to easily redeem their rewards by logging into your account from www.canararewardz.com. You can redeem your accumulated reward points for purchasing goods and services, and for cashback. Canara Bank has capped the redeemable reward points for cashback at 1000 reward points and for the purchase of goods and services at 100 reward points. Also, you can only redeem your collected reward points in 3 years from the date of accrual.

Credit Card Reward Redemption
Canara Bank RuPay Select Credit Card 1 RP = Rs. 0.25
Canara Bank RuPay Platinum Credit Card 1 RP = Rs. 0.25
Canara Bank Visa Classic/MasterCard Standard Credit Card 1 RP = Rs. 0.25

Annual Fee:

Other than checking the rewards and benefits of a credit card, it is equally important to look for the joining and annual of the card you are going to apply for. It is because different credit cards come with different annual charges and the features of the cards also vary accordingly. If you are someone with a high annual income, you can get any credit card you want, but if you have a low or average income, you should look for affordable credit cards that come with a lower annual fee. You can go through the joining and annual fee of the popular Canara Bank Credit Card via the following table:

Credit Card Joining fee Renewal Fee Spend-based Waiver
Canara Bank RuPay Select Credit Card NIL NIL NA
Canara Bank RuPay Platinum Credit Card NIL NIL NA
Canara Bank Visa Classic/MasterCard Standard Credit Card NIL NIL NA

Other Fees and Charges:

A lot of people think that only the annual fee is important to be checked while looking for the best credit card for them, but it is not really a good idea. There are a lot of other factors and charges that should be considered. Other than the annual fee, the following are some of the important fees 7 charges that are associated with Canara bank Credit Cards and must be checked before getting a card:

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Interest Rate 2.5% per month or 30% per annum
Cash Advance Fee 3% of the withdrawn amount (subject to a minimum of Rs. 30 on every withdrawal of Rs. 1,000)
Forex Markup Fee 3.5% of the transaction amount

Canara Bank Credit Cards Eligibility Criteria:

The Canara Bank has specified different eligibility criteria for every credit card. These criteria depend on various factors including the applicant’s age, income, credit history, relationship with the bank, residential status, etc. Though the age requirements are almost the same for all cards, the income requirements and other factors may vary to some extent. In order to get a credit card from the Canara Bank, you will have to fulfill the eligibility criteria as mentioned below:

  • The applicant’s age should be a minimum of 18 years.
  • The applicant should either be salaried or self-employed with a stable monthly income. However, the salary requirements may vary from card to card.
  • For the Canara Bank Visa Classic/MasterCard Standard Credit Card, the applicant should have a strong relationship with the bank.
  • For the Canara Corporate Credit Card, the applicant should have at least 12 months of satisfactory dealings with the bank.

For more information about Canara Bank’s credit card eligibility requirements, visit this page.

Documents Required:

While applying for a Canara Bank Card, you will also need to submit a few essential documents like identity proof, address proof, proof of income, etc. Therefore, you must make sure that you carry all these documents with you before going to apply for a card. The detailed list of required documents is given in the following table:

Identity Proof Address Proof Income proof
  • PAN Card
  • Aadhar Card
  • Voter ID
  • Passport
  • Driving Licence
  • Aadhar Card
  • Voter ID
  • Passport
  • Driving Licence
  • Rent agreement
  • Utility bills
  • Municipal or property tax receipt
  • House allotment letter issued by central or state government
  • For salaried employees - salary slip of last two months & bank statement showing salary credits.
  • For self-employed individuals - Later ITR (Income Tax Return).

How To Apply for Canara Bank Credit Card

To apply for Canara Bank credit cards you need to visit the nearest Canara Bank Branch with all the required documents and fill in the application form there and submit it at the branch. You can also download the application form from the bank’s official website and after filling it out and attaching the required documents you can submit it to your nearest branch. It will save your time waiting at the branch as you can just go, submit the form, and come back. The application form can be downloaded in English as well as Hindi at your convenience.

Application Status

If you have already applied for a Canara bank Credit Card, you can check the status of your application easily by contacting the bank’s customer care or by visiting your nearest Canara Bank branch. Just ask the bank officials about your application status and provide them with the required details, like your application number, PAN Card number, etc. They will let you know the status of your application in a few seconds.

For more ways to check your Canara Bank Credit Card application status, click here.

How to Activate Canara Bank Credit Card?

There are a lot of ways in which you can activate your Canara Bank Credit Card after you receive it. Following are some of the popular ones:

  • Visit your nearest ATM and insert your credit card into it. After that, find an option to generate your credit card PIN from the main menu.
  • Another method to get your card activated is to contact the bank’s customer care and ask them to help you with the same.

For more ways to get your Canara Bank Credit Card activated, click here.

Customer Care

The Canara Bank customer support is available 24*7. If you have any queries regarding credit cards or any other personal banking you can call on the toll-free numbers;

  • Canara Bank – 1800 425 0018/1800 103 0018
  • e-Syndicate –  1800 208 3333/ 1800 3011 3333

Quick Links

FAQs:

Yes, all the credit cards offered by Canara Bank provide complimentary lounge access.

No, Canara Bank doesn’t charge any reward redemption fee. You can easily redeem your accumulated reward points. However, you can redeem your reward points within 3 years from the date of accrual.

Since there is no joining and renewal fee, the spend-based waiver is not applicable on any of the credit cards offered by the Canara Bank.

You can call on the toll-free number 1800 425 0018 to check the application status. The customer support will be happy to help you.

No, there is no online option available as of now. You need to visit the nearest bank branch to submit your credit card application.

You can get your credit card blocked by contacting the customer executive on toll-free numbers 1800 425 0018/1800 103 0018.

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