Canara Bank RuPay Select Credit Card Review

If you are new in the credit card market and looking for an entry-level credit card to start your journey, then the canara rupay select credit card would be a good option for you. It offers you canara credit card rewards on every transaction, a huge cash withdrawal limit, low interest on revolving credit, and lots more. More about the canara bank credit card details are mentioned below.

Who can apply for the Canara RuPay select credit card?

• Resident Type: Indian. 
• Canara bank credit card eligibility criteria for salaried person:
  • Age: 21 to 60 yrs. 
  • Income: Rs.2 lakh annually. 
• Canara bank credit card eligibility criteria for self-employed person:
  • Age: 21 to 60 yrs. 
  • Income: Rs.2 lakh annually. 
• A CIBIL score of 670+ is needed to apply for this rupay credit card.

If you can fulfill the above-mentioned credit card requirements, then you can visit your nearby Canara branch and submit your canara bank credit card application. If you want to know how to apply for canara bank credit card, then you can get some help from our faq page.

What documents are required to apply for a canara bank credit card?

• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Photocopy of Address proof (any 1) 
  • Last 6 months’ bank account Statement
  • Aadhar Card 
  • Driving License 
  • Passport
  • Utility bill
• One recent passport-sized photographs
• Proof of income statement:
  • Salaried Person (any 1)
    • Latest salary slip, (3 months) 
    • ITR (Income Tax Return)
  • Self-employed person
    • Latest Income tax return. 
    • Proof of business
    • Recently audited financial report.

As per the new canara bank credit card rules, all new canara bank credit cards are now delivered in an inactive state. So if you are interested to know how to get canara bank credit card activated for the first time, then make sure to visit our faq page.

What are the Canara bank rupay select credit card fees?

• Canara credit card joining fee: None. 
• Canara bank credit card annual fee: None. 

What are the Canara rupay card benefits?

• Make every transaction rewarding:

With every Rs.100 transaction you make with this canara credit card, you can earn 2 reward points. You can redeem your canara credit card rewards in cash. 1 reward point = Rs.0.25.

You can check the status of your rewards from your net banking account, click here to go to the canara bank credit card login page.

• Withdraw cash anytime you want:

This canara bank credit card offers a huge cash withdrawal limit, you can withdraw up to Rs.50% of your credit limit (max Rs.50,000).

• Lowest interest against revolving credit:

If your credit card bill is too high, then you can just pay the minimum due in credit card bill, and the interest charge for the rest of the amount will be 2.5% monthly.

• Complimentary canara insurance coverage protection:

This card comes with a complimentary accidental death insurance coverage of Rs.10 lakh.

• Cutting-edge security:

This rupay card comes with a built-in EMV Chip. These chips use a very strong encryption method to store your sensitive card information which makes your card nearly impossible to clone.

What are the canara bank credit card charges?

Particulars	Payable amount
Canara bank credit card cash withdrawal charges	3% against the transacted amount, Min Rs.30 for every Rs.1000 withdrawal (check your available canara bank credit card limit before making a withdrawal)
Canara card finance charge	The canara bank credit card interest rate is 2.5% monthly (applicable if your canara credit card payment is not made within time)
Add-on card fee	None (for upto 4 cards)

How to contact the canara credit card customer care department?

• Call the canara credit card helpline number: 1800-425-0018 / 1800-225-092 or 080-2206-4232
• Write to the canara bank credit card email id: hocancard@canarabank.com 

100xGain Ratings: 

6/10

Pros and cons of the Canara rupay select card:

Pros	Cons
This canara bank credit card offers reward points on every transaction. It is a lifetime free credit card.	There are no cashback or entertainment benefits on this select rupay card.

Final Opinion:

After analyzing the canara bank credit card benefits, I can say that this card can be most helpful for beginners since it offers canara bank credit card rewards on every transaction and very low interest on revolving credit. You can also keep this card as a second credit card.

But those who are looking for excellent credit card offers like free lounge access or attractive travel benefits will surely be disappointed with this card. In this case, I would recommend you take a look at the alternative card options given below.

Alternative cards of the canarabank credit card: 

1. Bandhan Bank Standard Chartered Plus Credit Card (Best for reward points)
2. ICICI Bank Diamond credit card (Best for lounge and reward benefits)
3. Kotak Mahindra Best price credit card (Best for first-time applicants)