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    Thursday, August 13

    IDBI Bank – Winnings Credit Card : Features, Eligibility, and Application Process

    Credit Cards 4 Mins Read

    This article provides a concise overview of the prominent features, eligibility prerequisites, and the application procedure for IDBI Bank’s Winnings Credit Card.

    IDBI Bank Winnings Credit Card

    Features of IDBI Bank – Winnings Credit Card:

    Main features:
    • Maximize Your Rewards on Expenses
    • The ‘Winnings’ Credit Card is always a step ahead. Earn 2 Delight Points for every Rs. 100 spent on your card.
    • Indulge in shopping extravaganzas with your ‘Winnings’ Credit Card and unlock irresistible offers from globally renowned brands, redeemable against your amassed Delight Points.
    • Gain an extra 500 Delight Points with just 5 transactions of Rs. 1000 each per month.
    • Double your Delight Points during your Birthday month.
    • Enjoy Interest-Free Credit
    • Move Forward with Drive On
    • Benefit from Personal Accident Insurance Coverage
    Additional Features:
    1. Airport Lounge Access
    2. Elevate your travel experience with the IDBI Bank ‘Winnings’ Credit Card. Escape the terminal hustle and unwind in luxurious airport lounges, relishing delightful cuisine both in India and abroad, all at no cost.
    3. The airport lounge access is facilitated by RuPay and is subject to changes at RuPay’s discretion, occasionally without prior notice.
    4.  IDBI Bank’s ‘Winnings’ Credit Card offers 2 complimentary lounge visits per calendar quarter at participating Airport Lounges within India and 2 complimentary lounge visits per calendar half-year at participating Airport Lounges outside India.
    5. Explore the participating lounges
    6. Benefit from Enhanced Acceptance
    7. Zero Lost Card Liability
    8. Family Card options.
    Card Category: Travel + Reward 
    Eligibility for IDBI Bank – Winnings Credit Card:

    To discover if you qualify for this exceptional credit card, explore the eligibility criteria designed for both salaried individuals and self-employed professionals below.

    For Salaried:
    • The primary cardholder’s age should be between 21 and 60 years (65 years for self-employed individuals).
    • Add-on cardholders must be 18 years or older.
    • Applicants must be residents of India.
    • These eligibility guidelines serve as an indication only. The Bank holds the discretion to approve or decline Credit Card applications.
    For Self-employed:
    • The primary cardholder’s age should be between 21 and 60 years (65 years for self-employed individuals).
    • Add-on cardholders must be 18 years or older.
    • Applicants must be residents of India.
    • These eligibility guidelines serve as an indication only. The Bank holds the discretion to approve or decline Credit Card applications.
    Fees for IDBI Bank – Winnings Credit Card:
    • Joining Fee (Primary / Add-on Card): None
    • Annual Fee (Primary Card): Rs. 899 (Applicable from the second year onwards)
    • Annual Fee (Add-on Card): None
    • Renewal Fee (Primary / Add-on Card): None
    • Annual Fee Waiver: Granted on spends exceeding Rs. 90,000/- in a year
    • Interest on Revolving Credit Facility: 3.4% per month
    • Cash Advance Fee: 2.5% of transaction fee or Rs. 500/-, whichever is higher
    • Interest on Cash Advance: 3.4% per month
    • Late Payment Fees (Per occasion, Based on amount due):
      • Up to Rs. 500: None

      • Rs. 500 to <= Rs. 5000: Rs. 400

      • Rs. 5000 to <= Rs. 10000: Rs. 500

      • Rs. 10000 to <= Rs. 20000: Rs. 750

      • Rs. 20000: Rs. 950

    • Over Limit Charges: 2.5% of the over-limit amount, with a minimum of Rs. 500
    • Cheque / Auto Debit Return Charges: Rs. 500
    • Cash Processing Charges: Rs. 200
    • Duplicate Physical Statement Request (More than 3 months old): Rs. 100
    • Card Replacement Fee: Rs. 200
    • Foreign Currency Transactions: Bank applies a Cross Currency mark-up of 3.5%
    • Rewards Points Redemption Fee: None
    • EMI Charges:
      • Minimum Amount for EMI: Rs. 3000/-
      • Interest Rate: 13% per annum
      • Processing and Foreclosure Fees: None
      • EMI Tenure Options: 3, 6, 9, or 12 months
    • Balance Transfer Charges:
      • Minimum Amount for Transfer: Rs. 3000/-
      • Processing Fee: 1.5% of the transfer amount or Rs. 199/-, whichever is higher
      • Normal Interest rate for EMI will apply
    • Card Account Closure Charge: None

    How to apply?

    Click here to apply for the IDBI Bank’s Winnings Credit Card.

     

     

    Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank.

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