HDFC Bank 
SBI Card 
IDFC Bank 
Axis Bank 
ICICI Bank 
HSBC 
YES Bank 
AmEx
IndusInd Bank 
Mayura Credit Card is IDFC First Bank’s latest premium card. It is suited for the premium segment and can be considered the costlier and more rewarding version of its counterpart, the Ashva Card. It weighs 17 grams and displays a magnificent peacock design. The Mayura Credit Card is perfect for travelers as it offers international and domestic airport lounge access. Those who travel globally and make international transactions will be glad to know that this card offers zero Forex charges. Cardholders can earn upto 10X Reward Points on making incremental spends of ₹20,000 or more. Additionally, this card also offers rewards for rent, education, insurance and utilities.Keep reading to learn more about this card.
Mayura Credit Card
Joining Fee
Renewal Fee
Best Suited For
Reward Type
Welcome Benefits
Movie & Dining
BOGO on Movie Tickets Upto ₹500. This Can Be Availed Twice Each Month
Rewards Rate
10X Reward Points/₹150 on Incremental Spends Above ₹20,000 Per Statement Cycle. 5X Reward Points/₹150 on Spends Upto ₹20,000. 3X RPs Are Also Awarded for Rent, Wallet Load, Education, and Government Transactions
Reward Redemption
Redeem for Vouchers/Cash Against Statement or Pay With Points. 1 RP = ₹0.25
Travel
4 Complimentary Railway Lounge Access Each Quarter
Domestic Lounge Access
4 Free Visits Across the Country Each Quarter, 16 in a Year
International Lounge Access
4 Free Visits Each Quarter, 16 in a Year
Golf
2 Free Golf Rounds/Golf Lessons Each Month
Insurance Benefits
Purchase Protection, Travel Insurance and Personal Accident Cover
Spend-Based Waiver
N/A
Rewards Redemption Fee
₹99 + GST
Foreign Currency Markup
Zero (0%)
Interest Rates
Monthly Rate - 0.75% - 3.65%. Annual Rate - 9% - 43.8%
Fuel Surcharge
1% Fuel Surcharge Waiver on Transactions Between ₹200 and ₹5,000 (Maximum ₹500 Per Statement Cycle)
Cash Advance Charges
₹199
- The Mayura Credit Card is a premium credit card that comes at a fee of ₹5,999.
- This card offers 10X Reward Points on incremental spends of ₹20,000 or above.
- Cardholders can access both international and domestic airport lounges with this card.
- Only those with an income of ₹25 lakh or above can avail of this credit card.
Pros
This is a highly beneficial credit card for those who often travel and are seeking a decent card with airport lounge access.
Cons
The reward rate could have been better, but it’s the same as that of the Ashva Credit Card.
Bonus 10,000 Reward Points (Limited Time Offer Till 30th September)
Apply for the Mayura Metal Credit Card before 30th September 2024 and get a bonus of 10,000 Reward Points valued at ₹2,500.
Welcome Benefits
Cardholders must complete four transactions of ₹1,000 or more within 60 days of card generation to receive ₹1,000 cashback on each transaction. The maximum cashback amount is ₹4,000.
Reward Point Earning
- 10X Reward Points/₹150 on incremental spends above ₹20,000 in a monthly statement cycle.
- 5X/₹150 Reward Points on spends up to ₹20,000 in a monthly statement cycle.
- With the Ashva Card, you can earn rewards even in restricted categories. Cardholders are eligible to earn 3X/₹150 Reward Points on rent, government, wallet load, and education and 1X/₹150 Reward Points on insurance and utilities.
- The Reward Points earned with the Ashva Credit Card do not expire.
Value of One Reward Point = ₹0.25
Which categories are exempt from reward point earning?
- Fuel
- Transactions Converted into EMI
- Fee or Charges
- Loan on Card
- Balance Transfer
- Cash Withdrawal Transactions
“Buy One Get One” Free on Movies
Mayura cardholders can get a “Buy One Get One” free offer on the second movie ticket they book on BookMyShow. The maximum discount for each movie ticket is ₹500, and this offer can be availed twice each month. This benefit could help save up to ₹1,000 per month and ₹12,000 per year.
Free Airport Lounge Access
Those who wish to access airport lounges with a Mayura Credit Card would need to spend ₹20,000 in the current month to be eligible for it in the next.
Domestic Airports
Four complimentary airport lounge visits each quarter across India. This would mean that cardholders can visit airport lounges across the nation sixteen times a year.
International Airports
Mayura Credit Card offers four free international lounge accesses each quarter, a total of sixteen of which are available each year.
Complimentary Railway Lounge Access
Those who often travel by Indian railways will be glad to know that this card offers four complimentary railway lounge access across the country. This would allow cardholders to rest and rejuvenate at railway lounges. The maximum number of railway lounge access visits allowed is 16 each year.
Annual Benefit
Spend a minimum of ₹8 Lakhs in the previous card anniversary year to get 7,500 Reward Points (worth ₹1,875), or spend a minimum of ₹15 Lakhs in the previous card anniversary year to get 15,000 Reward Points (worth ₹3,750).
Mayura Credit Card Review
The Mayura Credit Card comes with a hefty fee of ₹5,999. Although it offers welcome benefits worth ₹4,000, they don’t fully compensate for the fees, which would discourage many from applying for the card. The card would be most suitable for those with high spending who can take advantage of its various benefits, such as airport/railway lounge access, golfing privileges, and buy one, get one free offer on movies.
If you travel abroad often and make international purchases, you should definitely opt for this card. It provides plenty of airport lounge access and charges zero Forex on global purchases.