Canara Bank RuPay Platinum Credit Card vs SBM Magnet Credit Card
Joining Fees
₹0
₹0
Editor's Rating
3.6
Key Features
- Welcome Benefits
- Insurance Cover
- Cash Back Offers
- Concierge Services
- FD backed credit card helping to build credit score while earning unlimited magnet coins as rewards
- Enjoy a lifetime-free credit card with no renewal fees
- No documents or income verification required. Just a simple application and guaranteed approval
- Welcome Benefit: Receive 5,000 ZET Coins valued at Rs. 500. These coins can be used to purchase vouchers for popular brands like Amazon, Flipkart, and Swiggy
- Save smart with up to 7% interest on your FD - all insured by RBI
- Get 5% Cashback/Rewards on Top Brands like Amazon, Flipkart, Myntra, Domino and more credited as real Cashback that can be directly transferred to your bank account
- 8% Rewards on Flipkart
- 20% Rewards on Myntra
- Up to 15% Rewards on All Major Platforms
- Enjoy up to 20% savings on Swiggy, Zomato, MakeMyTrip, BookMyShow, and many more
- 3 Fast-track your approval process
- RuPay Credit Card- Instantly link to UPI apps
- Enjoy up to 45 days of interest-free credit - pay later with zero interest
- 1% Fuel Surcharge Waiver
Editor's Review
Pros
- Avail Credit Limit up to Rs. 25 Lakhs
- Earn Two Rewards points for every purchase transaction including E-commerce transaction of Rs 100. Option for Encashment of Reward Points is available, too
- Get Baggage Insurance up to Rs. 25000
- Avail Purchase Protection cover of Rs. 25000
Cons
- No Airport Lounge Access
- No Golf Privileges
Pros
- FD backed credit card helping to build credit score while earning unlimited magnet coins as rewards
- Enjoy a lifetime-free credit card with no renewal fees
- Get 5% Cashback/Rewards on Top Brands like Amazon, Flipkart, Myntra, Domino and more credited as real Cashback that can be directly transferred to your bank account
Cons
- No travel benefits
- No golf benefits
- No complimentary domestic or international airport lounge access
