Fees
Annual feeNil
Joining feeNil
Renewal feeNil
Fee waiverLifetime free - nil joining, annual, renewal, reissue, replacement fees
Interest rate3.3% per month (39.6% per annum)
Late payment2% of unpaid dues, minimum INR 500
Forex markup3.50%
Cash advance3.50% (cash withdrawal from credit limit, domestic & international ATMs); 0% from savings-account funds (domestic), 2.50% intl
Eligibility
Age range18 and above
Employment typeBoth
Resident typeIndian Citizen
Rewards & cashback
Cashback %Up to 20% on selected categories; 1% always-on utilities/mobile
Cashback capMax cashback INR 2,500 per calendar month; min redemption INR 250
Redemption optionsCashback credited to Roarbank Card (via Withdraw Cashback in app)
Points expiryReward Points expire on card closure
Travel & lounge
Domestic loungeNo lounge access
International loungeNo lounge access
Lounge conditionsNo
Travel insuranceNo
ConciergeNo
Lifestyle
Dining benefitsNo
Dining discountsNo
Fuel surchargeNo (not specified in MITC)
OTT subscriptionsNo
Credit limit & EMI
Cash withdrawalSub-limit within Total Credit Limit (savings-account balance not included)
Balance transferNo
Insurance & protection
Purchase protectionNo
Lost card liabilityYes - zero liability after reporting loss/theft to bank
Digital & security
ContactlessYes - contactless up to INR 5,000 without PIN
Virtual cardYes (managed via Roarbank App)
Fraud protectionReal-time alerts; card block via app; enable/disable online/POS/contactless & domestic/international