Canara-Visa-Platinum-Credit-Card
Canara Bank
Last updated: Feb 03, 2026
₹0
₹0
3%
8 visits/yr
Contents
A straightforward entry-to-mid-level Visa platinum card from Canara Bank with basic travel and insurance benefits, reward points on most spends and complimentary domestic lounge access. Ideal for everyday users who want reward points without annual or joining fees and with standard travel insurance protections. Simple reward program (Canara Rewardz) makes redemption for cashback or goods easy for everyday spenders.
Features of Canara-Visa-Platinum-Credit-Card which makes it unique
CanaraRewardz
Centralised reward platform for redemption of points for cashback or goods
Simple redemption and transparent point valuation
Easier redemption vs. some banks requiring partner transfers.
Zero Fees Variant
Visa Platinum variant publishes zero joining and annual fees
No yearly cost for basic benefits
Better than many entry-level cards that still charge an annual fee.
Rewards Structure of Canara-Visa-Platinum-Credit-Card
Base
baseAll Spands
Fees & Charges of Canara-Visa-Platinum-Credit-Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 3% |
| Cash Advance Fee | 3% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:No renewal fee / annual fee for the primary card as per Canara Bank variant details.
Fee Explanation Fees and charges follow Canara Bank’s published schedule (markup on forex, cash withdrawal charges and interest beyond credit period). See bank brochure for exact slab-wise details.
Detailed Explanation of Canara-Visa-Platinum-Credit-Card Fees
Joining Fee: 0 (one-time)
No joining fee for standard Visa Platinum variant.
Annual Fee: 0 (yearly)
No annual fee for primary card as published by Canara Bank for this variant.
Forex Markup: 3.0% (transaction)
Forex markup as per Canara Bank schedule.
Cash Withdrawal Fee: 3.0% (transaction)
Bank charges per withdrawal (example ₹30 per ₹1,000 equivalent shown in bank brochure).
Lounge Access Benefits with Canara-Visa-Platinum-Credit-Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Complimentary domestic airport lounge access — 2 visits per quarter for primary cardholder (per Canara brochure).
Insurance Coverage with Canara-Visa-Platinum-Credit-Card
Fraudulent Charge Cover
₹5,00,000Coverage limits per bank brochure for eligible fraudulent transactions.
Baggage Insurance
₹25,000As specified in Canara Bank credit card benefits.
Purchase Protection
₹25,000Limited purchase protection per brochure; check T&Cs for eligibility and claim windows.
Additional Features of Canara-Visa-Platinum-Credit-Card
Contactless Payments
Tap-to-pay enabled for fast PoS transactions
Canara ai1 EMI
Easy EMI conversion available via the Canara ai1 app
EMI conversion eligibility subject to bank approval.
Welcome Bonus with Canara-Visa-Platinum-Credit-Card
Welcome Bonus: NA
Bonus Conditions: Not applicable.
Application Process for Canara-Visa-Platinum-Credit-Card
Processing Time
7 business days (typical; subject to verification).
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via Canara Bank credit card page or visit branch
Complete KYC and upload documents
Bank performs verification and credit assessment
Card dispatched after approval (typically within 7 business days)
Required Documents for Canara-Visa-Platinum-Credit-Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Canara-Visa-Platinum-Credit-Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India (Visa network)
International Acceptance
Accepted globally on Visa network
Online Acceptance
Yes — for e-commerce and app-based payments
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Canara-Visa-Platinum-Credit-Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
650+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹20,000
Minimum annual income
Self-Employed Applicants
₹30,000
Minimum annual income
Who Can Apply
Important Conditions
- Valid PAN and Aadhaar required; Indian resident status and KYC compliance.
How Approval Is Decided
- Minimum monthly income as specified (salaried ~₹20,000/month typical)
- Indian resident with valid PAN and Aadhaar
- Reasonable credit history (suggested score 650+)
Pros of Canara-Visa-Platinum-Credit-Card
- No joining or annual fee (primary card)
- Consistent reward earning (2 pts/₹100) on everyday spends
- Complimentary domestic lounge access and travel insurance cover
Cons of Canara-Visa-Platinum-Credit-Card
- Modest reward value (typical value ~₹0.25 per point) — effective reward ~0.5%
- Limited premium partner benefits compared with higher-tier travel cards
- No prominent welcome bonus at present
Frequently Asked Questions about Canara-Visa-Platinum-Credit-Card
Is there a joining fee?
No — the standard Canara Visa Platinum variant publishes no joining fee for the primary card.
What is the reward earning rate?
You earn 2 reward points for every ₹100 spent on point-of-sale and e-commerce transactions under the CanaraRewardz programme.
Are there complimentary airport lounges?
Yes — the Visa Platinum variant offers complimentary domestic lounge access (2 visits per quarter for the primary cardholder).
What is the forex markup fee?
Forex markup is 3% on foreign currency transactions as per Canara Bank’s published schedule.
How do I redeem reward points?
Redeem via the CanaraRewardz portal for cashback or goods; point valuation and minimum redemption rules apply as per the rewards portal.
Who is this card best for?
Everyday spenders who want simple rewards, occasional travellers seeking domestic lounge access, and users who prefer a no-annual-fee card.
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