Fees
Annual feeNil (Lifetime Free)
Joining feeINR 0
Renewal feeNil (Lifetime Free)
Fee waiverN/A - Lifetime free card
Interest rate2.5% per month / 30% per annum (POS/ECOM); 3.3% per month / 40% per annum (Cash)
Late paymentINR 299
Forex markup2.49%
Cash advance2.5% of amount or INR 300, whichever is higher
Eligibility
Min income (salaried)None required; min FD INR 5,000
Min income (self-emp.)None required (FD-backed)
Income requirementSalaried: None required; min FD INR 5,000; Self-employed: None required (FD-backed)
Credit scoreNo credit score required
Age range18+
Employment typeBoth
Resident typeIndian Resident
Rewards & cashback
Accelerated rateYes - up to 5% cashback/rewards on Amazon, Flipkart, Myntra, Domino's (campaign-based, up to ~10% effective on promotions)
Cashback %5% on top brands during active campaigns; welcome benefit 5,000 ZET Coins (worth INR 500)
Cashback capOffer-specific limits; campaign-wise caps per month
Redemption optionsGift Vouchers, Cashback (direct to bank) via Magnet/ZET App
Points expiryNo Expiry
Travel & lounge
Domestic lounge0 visits (no lounge benefit)
International lounge0 visits (no lounge benefit)
Lounge conditionsNo spend condition (see issuer for current terms)
Travel insuranceNo
Hotel/flight offersWelcome benefit: travel discounts worth INR 21,000+ on card approval
ConciergeNo
Forex waiverNo waiver (2.49% charged)
Lifestyle
Dining benefitsYes - offers on Swiggy, Zomato, Domino's (periodic campaigns)
Dining discountsYes - offers on Swiggy, Zomato, Domino's (periodic campaigns)
Fuel surchargeYes - 1% surcharge fee
OTT subscriptionsYes - OTT subscription offers in welcome benefit package
E-commerce offersYes - Amazon, Flipkart, Myntra, Domino's via ZET/Magnet app
ComplimentaryOTT: Yes - OTT subscription offers in welcome benefit package
Credit limit & EMI
Default limit90% of FD amount (min FD INR 5,000)
Max limitBased on FD amount
Cash withdrawal50% of credit limit
EMI optionsNo; No
EMI conversionNo
Balance transferNo
Insurance & protection
Purchase protectionNo
Lost card liabilityYes
Digital & security
ContactlessYes (RuPay - UPI enabled)
Virtual cardYes
App featuresReal-time Spend Alerts, Card Lock/Unlock, View Statements & Due Dates, Rewards Tracking & Redemption, Block Lost/Stolen Card, Virtual Card View
Card controlsBlock/Unblock Card, Enable/Disable International Usage, Enable/Disable Online Transactions, Card PIN Reset, Report Lost/Stolen Card, View/Generate Virtual Card
Fraud protectionOTP for Online Transactions, Tokenization (RBI Mandated), Real-time Transaction Alerts, Instant Card Block Option
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportNo