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CUB SRH World Mastercard Credit Card
Mastercard
CUB SRH World Mastercard Credit Card
City Union Bank's premium Sunrisers Hyderabad co-branded Mastercard. The first year is free, then ₹4,000 + GST a year (waived on ₹5 lakh of spend). It earns 1% in points worth ₹1 each, 2% on travel and 3% on SRH tickets and merchandise, with a 0% forex markup for trips abroad.
Annual fee
₹4,000
Joining fee
₹0
Reward type
points
Base reward rate
1%
Card network
Mastercard
Card tier
Premium
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in travel. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 1% base rate
- Reward redemption: Vouchers and merchandise on rewards.cub.bank.in at ₹1 per point
- Domestic lounge access: Not listed in the bank's published KFS/MITC
- International lounge access: Not listed in the bank's published KFS/MITC
- Insurance benefits: Complimentary air accident / personal accident cover on CSK/SRH cards, provided by Royal Sundaram General Insurance (per CUB MITC)
Benefits by category
- ✈️ Travel
2% reward rate
- 🏨 Hotel
1 RP per ₹100 on domestic and international spends (1 RP = ₹1); 2X on travel, flights and hotels; 3X on SRH merchandise and match tickets
- 🛡️ Insurance
Complimentary air accident / personal accident insurance (Royal Sundaram) on activation
- ⛽ Fuel
1% fuel surcharge waiver on ₹400–₹5,000 transactions, up to ₹500 per cycle
- 🌍 Forex / international spend
0% forex markup · 0% forex markup on international transactions
Eligibility
- Minimum monthly income: ₹83,334
- Employment: salaried, self-employed
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹5,00,000
- Foreign currency markup: 0%
- Interest rate: 42% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver on ₹400–₹5,000 transactions, max ₹500 per statement cycle
- Cash advance charges: 3% of the withdrawn amount or ₹250, whichever is higher (India); 3.5% or ₹1,000 abroad
Benefits
- 1 RP per ₹100 on domestic and international spends (1 RP = ₹1); 2X on travel, flights and hotels; 3X on SRH merchandise and match tickets
- 0% forex markup
- 1% fuel surcharge waiver on ₹400–₹5,000 transactions, up to ₹500 per cycle
- Complimentary air accident / personal accident insurance (Royal Sundaram) on activation
Pros
- + 0% forex markup
- + Points worth ₹1 each: 1% base, 2% on travel, 3% on SRH tickets and merchandise
- + First year free; renewal waived at ₹5 lakh annual spend
Cons
- − ₹4,000 + GST renewal fee unless you spend ₹5 lakh a year
- − Lounge access is not spelled out in the bank's published KFS/MITC
- − Value depends heavily on being an SRH/cricket fan