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Canara Bank
Canara Bank RuPay Platinum Secured Credit Card
RuPay
Canara Bank RuPay Platinum Secured Credit Card
Canara Bank's RuPay Platinum Secured card is issued against a fixed deposit for customers who can't meet the income criteria of the bank's unsecured RuPay Platinum card. It carries no joining, annual, or enrolment fee and gives up to 50 days of interest-free credit, making it a straightforward credit-builder option for existing Canara depositors.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.5%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- 0
- Employment: salaried, self-employed
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- Credit limit of up to 75% of the linked fixed deposit's principal amount.
- Reward points on every POS/e-commerce transaction, redeemable via the Canara ai1 app.
Pros
- + Zero joining, annual and enrolment fee
- + No income proof required, FD-backed approval
- + Up to 50 days interest-free credit
- + RuPay network works with UPI linking
Cons
- − Credit limit capped at 75% of FD value
- − Reward rate is modest
- − Requires an active Canara Bank fixed deposit