Canara Bank

Canara Visa Classic

VisaEntry-levelBasic - SilverLifetime free
Lounge accessTravel insuranceDining benefitsFuel waiver
Free
1st year fee
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Fees
Annual feeINR 0
Joining feeINR 0
Renewal feeINR 0
Fee waiverMin INR 1.2L
Spend waiverLifetime Free
Interest rate2.50%
Late paymentINR 100-1.3K
Forex markup3%
Cash advance3%
Eligibility
Min income (salaried)INR 1L
Min income (self-emp.)INR 1L
Credit score550 or above (CIBIL)
Age range18-65
Employment typeBoth
Resident typeIndian
Rewards & cashback
Accelerated rateNo
Redemption optionsCashback
Points expiry3 Yrs
Travel & lounge
Domestic loungeNo lounge access
International loungeNo lounge access
Lounge conditionsNo
Insurance coverageYes
Hotel/flight offersPartner
ConciergeNo
Forex waiverFull
Lifestyle
Dining discountsLimited
Fuel surcharge2.50%
OTT subscriptionsNo
E-commerce offersYes
Credit limit & EMI
Default limitINR 10,000-25K
Max limitINR 5L
Cash withdrawal50%
EMI conversionAt Purchase
Min EMI amountINR 1,500+
Balance transferYes
BT interest rateAs per
Insurance & protection
Purchase protectionINR 2L
Lost card liabilityYes
Digital & security
ContactlessYes
Virtual cardYes
App featuresFull
Card controlsFull
Fraud protectionAlerts
Zero liability3 days
WhatsApp supportYes
Ideal for

Beginners

Read our guides
How EMI WorksJoining Fee vs Annual Fee

Know your rights

Banks cannot send you a credit card you didn't apply for. If they do and bill you, they must reverse the charge AND pay you twice that amount as penalty, automatically, no questions asked.