Interested in financial products
Processing

Canara Bank Credit Card Offers

Credit cards have become a way of life. We are spoilt for choices in the market for different types of credit cards. With so many credit card offers available, it has become an attractive option of payment for financial transactions. There are many credit card benefits that one can take advantage of. It is very much becoming an essential financial commodity in our loves.

Most leading credit card companies tie-up with lifestyle brands, merchandise partners, special privileges for dining, travel & hotels, movie tickets and cashback. Credit cards offer credit extension and thereby, help in managing our financial needs in the interim period.

Canara Bank Credit Card Offers by Categories

Canara Bank Credit Card Offers

Canara Bank credit cards have a wide range of offers. These are some of the best credit card offers available in the market.

Travel & Hotels

MerchantTravel Credit Card Offers
Thomas CookGet upto Rs. 10000/- off
Fairmont Hotels & Resorts

Redeem Visa Appetite to Stay offer with your visa card and get

Daily Breakfast for two $25 Dining credit

Room Upgrade

Swissotel Hotels & Resorts

Redeem Visa Appetite to Stay offer with your visa card and get

Daily Breakfast for two $25 Dining credit

Room Upgrade

Preferred Hotels & ResortsSave 10% off the best available rate and enjoy complimentary daily breakfast for two at over 275 hotels worldwide

Dining

MerchantRestaurant Credit Card Offers
Wow! Momo15% off the total bill
Slice of Italy15% off the total bill, minimum bill of Rs. 399 and above
Goli Vada Pav10% off the total bill, minimum bill of Rs. 150 and above
GoGourmet10% off the total bill
CookieMan15% off the total bill, minimum billing Rs. 250 and above
Bijoli Grill15% off on food and soft beverages
Baskin Robbins10% off on the total bill, minimum billing of Rs. 350 & above
US Pizza

15% off on total bill

Buy large pizza and get a medium free

Buy medium pizza and get a regular free

Lifestyle

MerchantShopping Credit Card Offers
PVR

Buy minimum 2 tickets and get free popcorn & pepsi combo

Use the card at PVR concession counter and get 25%off

O2 Spa20% off on the total bill

Health & Fitness

MerchantCredit Card Offer
Gold’s GymGet additional Rs. 1000 off on annual gym membership
Apollo Pharmacy10% off on medicines, 5% off on FMCG products, 15% off on Apollo products  
Moksham25% off on the Malaccan Trigger point massage
IOSIS Wellness20% off on all services
Four Fountains15% off on any 90 minute therapy and above
Talwalkars25% off
Apollo HospitalsUpto 15% off at Apollo Hospitals

Other Credit Offers

MerchantCredit Card Offer
CromaGet Rs. 500 off on purchase of Rs. 3000
Senorita Beauty Parlour15% off on Keratin treatment + Value added services on hair colour

Benefits of Canara Bank Credit Cards

Canara bank offers some of the best credit cards in the market. The benefits of their credit cards are:

1. No Annual Fees: Canara Bank does not charge its customers an annual fee for the credit card. This is a huge benefit in comparison to the other cards.

2. Revolving credit: Under this facility, there is an option to the pay the bill as per user’s convenience. The minimum amount due is calculated as 5% of the bill amount. The remaining amount can be carried forward along with the interest.

3.Advance cash: Cash withdrawal limit upto 50% of your card limit. The cash withdrawal charges is only Rs. 30 per thousand.

4. Free credit period: Canara Bank provides free credit period for 20-50 days for credit cardholders. No interest on cash withdrawal will be levied if the dues are paid within the due date. If the dues are not paid within the due date interest will be charged starting from the due date and not from the date of cash withdrawal.

5. Card Limit: Based on the gross annual income of the cardholder, the cardholder is eligible to get upto 30% of the gross annual income as the credit limit. This is decided at the sole discretion of the bank.

Frequently Asked Questions

1. How to apply for a credit card with Canara Bank?

To apply for a Canara Bank credit card, you must have a good credit history. The bank does a check on the name with the credit rating of CIBIL. A minimum gross annual income of Rs. 1lac is mandatory. An existing account with any branch of Canara bank is also compulsory. You can walk into any bank branch and submit an application for credit card if you meet the above criteria.

2. Where the Canara Credit Cards can be used?

There are many used for Canara bank credit cards. You can use it to make purchases at retail shops, restaurants, movies etc. You can make online purchases from e-commerce sites. The credit card can be used for making purchases through the IVRS system, mail order and telephone order. You can also use the card to make emergency cash withdrawals from ATMs.

3. What is the Credit period?

Credit period with Canara Bank ranges from 20 days to a maximum of 50 days.

4. How secure is my Canara Credit Card?

The security levels with Canara bank credit card is quite good. Any payments will be made only with the physical presence of the cardholder and the card. There is a charge slip that needs to be signed which acts as an authorization process. If you are using the card to make transactions on the internet or telephone, a second level authorization needs to be given with a password. This password is known only to the cardholder. Every transaction on the card is tracked by SMS alert to the registered mobile number of the cardholder.

5. What happens if my card dues are not paid by the due date?

As the card holder, it is important to pay up the dues within the given time period. In case, you are not able to do so, the credit card is blocked by the Bank. If you do not pay the dues consistently, your name gets referred to the credit rating agency who includes it in the name of offenders and does not allow you take any credit assistance from any financial institution in the future. Many a time, the Bank also takes a legal action against you to recover the dues which shows your financial strength in a poor light.

About Canara Bank

Canara Bank is a state-owned commercial bank with headquarters in Bangalore. It has a pan India presence with 6204 branches and 9395 ATMs. Internationally, the bank has 8 branches in London, Leicester, Hong Kong, Shanghai, Manama, Johannesburg, New York and DIFC (Dubai) & a Representative Office at Sharjah, UAE.The subsidiaries of the Bank include Canbank Financial Services Ltd, Canbank Venture Capital Fund Ltd, Canbank Factors Ltd, Canara Robecco Asset Management Company Ltd, Canbank Computer Services Ltd, Canara Bank Securities Ltd and Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd. The bank offers a range of products and services catering to various segments of customers and also offers treasury operations, retail banking operations, wholesale banking operations and other banking operations.

×Thank you! Your comment will be reviewed and posted shortly.

Write a review

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.