Canara Bank Corporate Credit Card

The Bottom Line

Monthly Spend	₹5K	₹10K	₹20K	₹50K	₹100K
Net Reward Yield	0.5%	0.5%	0.5%	0.5%	0.5%
Est. Monthly Reward (₹)	20	45	100	245	500
All-India Rewards Rank*	89	142	189	239	237
Within Bank Rank*	1	1	1	1	1
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The Canara Bank Corporate Credit Card gives 0.50% effective reward on all spending.

Overall, we estimate you can earn a net reward yield of 0.5% on all spending with this card in a month.

The net rewards yield on all credit cards from Canara Bank is quite low and we do not recommend any of those credit cards.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.

The Rewards

Card	Canara Bank Corporate Credit Card
Card Type	Reward
Reward Features	2 Reward Points / ₹100 on all spends
Milestone Rewards	Nil
Other Rewards	Nil
Rewards Redemption Fee	N/A
Reward Caps	Unlimited
Preferred Redemption Method	Redeem for vouchers at Canara Rewardz 1RP = ₹0.25

Fees & Charges

Card		Canara Bank Corporate Credit Card
Joining Fee		₹250 + Taxes
Annual Fee		Nil
Min. Annual Credit Card Spend for Fee Waiver		N/A
Income Criteria	Salaried	N/A
Income Criteria	Self-employed	N/A
Supplementary Card Fee		Free
Interest Rate		30.00% p.a.
Foreign Currency Markup		3.00%
Cash Advance Charge		N/A

How much are International Airline Miles worth in India?

by Kshitiz V Sharma on 31 May, 2023

Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.