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Canara Bank Mastercard World Credit Card

Verified · August 20, 2026

Updated on August 20, 2026

Canara Bank Mastercard World Credit Card

🎖️Reward Rate

Accelerated cashback on select platforms

Overview

Enter a world of privileges with Canara Bank's MasterCard World Credit Card, featuring global recognition and unparalleled rewards.

Rewards

Reward Type

Cashback

Reward Rate

Accelerated cashback on select platforms

Welcome Benefit

अपनी पसंदीदा भाषा का चयन करें

Milestone Benefit

Annual renewal fee waiver on spending threshold

Redemption

Redeem for flight/hotel bookings, brand vouchers, and statement cash credit

Benefits

  • Comprehensive reward points, milestone waivers, and travel privileges

Things to Know Before you apply

Canara Bank Mastercard World Credit Card Eligibility Criteria

  • Age: 21–65 years
  • Salaried: > ₹35,000/month; Self-Employed: ITR > ₹6,00,000
  • Salaried & Self-Employed Individuals
  • Resident Indian

Fees & Charges

ParticularsAmount
Joining FeeFree
Annual FeeFree
Foreign Currency Mark-up Fee3.5%
Cash Advance Fee2.5% (Min ₹500)

Fee waiver: N/A

PaisaSimple Review

Overall Rating

4.5/5

What do we like about this card?

The MasterCard World Credit Card issued by Canara Bank is a top choice in India for everyday transactions and cashback. It features 3.5% forex markup and generous reward multipliers.

Pros

  • High value reward program
  • Wide merchant acceptance

Cons

  • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified

Compare with Similar Cards

Rating
4.5/5
4.5/5
4.5/5
Fee Details

Joining Fee

Free

Annual/Renewal Fee

Free

Joining Fee

Free

Annual/Renewal Fee

Free

Joining Fee

Free

Annual/Renewal Fee

Free

Welcome Benefit
  • अपनी पसंदीदा भाषा का चयन करें
  • Get 28,000 bonus reward points as welcome benefit. (Not Applicable for Insignia Banking customers)
  • Avail the welcome benefit in two simple steps: Step 1: Swipe and use your card within 30 days of card issuance. Step 2: Pay the annual membership fee by the payment due date.
  • Avail the welcome benefit in two simple steps:
  • Step 1: Swipe and use your card within 30 days of card issuance.
  • Step 2: Pay the annual membership fee by the payment due date.
  • Welcome Benefit will be credited to the Cardmember’s Account within 60 days from the date of the Card issuance.
  • Refer Product T&C for more details
  • Complimentary activation bonus upon fee payment
Reward/Cashback Rate
  • Accelerated cashback on select platforms
  • You earn 5 reward points for every INR 100 spent on domestic transactions.
  • You earn 10 reward points for every INR 100 spent on international transactions.
  • Shift to your shopping gear and avail up to 2% Savings (10 Reward Points for every ₹150 spent) on utility & departmental stores*. Get 2 Reward Points for every ₹150 spent on other categories. - Accelerated Reward Points and Fuel Surcharge Waiver benefits will be provided only on fuel transactions done...
  • Movie & Travel Fun Fuel the wanderlust in you with 4 Complimentary airport lounge access per year (1 per Quarter) at partner domestic lounges for primary cardholders***. Click Here to check the airport lounge list and eligibility criteria. Get 25% off up to ₹100 on the purchase of minimum 2 tickets per transaction at... Read more
Pros
  • High value reward program
  • Wide merchant acceptance
  • You earn 5 reward points for every INR 100 spent on domestic transactions.
  • You earn 10 reward points for every INR 100 spent on international transactions.
  • High value reward program
  • Wide merchant acceptance
  • Shift to your shopping gear and avail up to 2% Savings (10 Reward Points for every ₹150 spent) on utility & departmental stores*. Get 2 Reward Points for every ₹150 spent on other categories. - Accelerated Reward Points and Fuel Surcharge Waiver benefits will be provided only on fuel transactions done...
  • Movie & Travel Fun Fuel the wanderlust in you with 4 Complimentary airport lounge access per year (1 per Quarter) at partner domestic lounges for primary cardholders***. Click Here to check the airport lounge list and eligibility criteria. Get 25% off up to ₹100 on the purchase of minimum 2 tickets per transaction at... Read more
  • High value reward program
  • Wide merchant acceptance
Cons
  • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified
  • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified
  • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified