Canara Bank RuPay Select Credit Card Review
The Canara Bank RuPay Select is the premium card in Canara Bank’s RuPay range. It has no joining or annual fee, comes with domestic and international lounge access and a bundle of insurance covers, and works on UPI because it runs on RuPay.
Its reward rate is low, so the real value lies in the perks and the RuPay Select network offers rather than in points. This review sets out the fee rules, what you actually earn, and when it makes sense.
- No joining or annual fee
- 2 domestic lounge visits a quarter and 2 international a year
- Personal accident, baggage and purchase-protection covers
- Works on UPI (RuPay)
- Long interest-free period of up to 50 days
- Low base reward rate (about 0.5%)
- ₹300 + GST inactivity fee if annual spend is under ₹1 lakh
- Utility and dining cashback capped at ₹50 a month each
- Fuel waiver only up to ₹100 a month
- Requires ₹10 lakh annual income
Fees and charges
| Item | Detail |
|---|---|
| Joining fee | Nil |
| Annual fee | Nil |
| Inactivity fee | ₹300 + GST if total spend in the year is under ₹1,00,000 |
| Interest | 2.5% a month (30% a year) |
| Minimum amount due | 5% of the outstanding (minimum ₹100) |
| Late payment fee | ₹250 + GST |
| Forex markup | Up to 3% |
Rewards: how the card earns
| Spend | Earn | Value |
|---|---|---|
| All eligible spends | 2 reward points per ₹100 | ₹0.25 per point, about 0.5% |
| Utility bills (RuPay Select offer) | 5% cashback | Capped at ₹50 a month |
| Restaurants (RuPay Select offer) | 5% cashback | Capped at ₹50 a month |
The 5% offers come from the RuPay Select network programme rather than from Canara Bank, so check that they are still running before relying on them.
Other benefits
| Benefit | Detail |
|---|---|
| Lounge access | 2 domestic visits a quarter and 2 international visits a year, cardholder only |
| Personal accident cover | Air accident ₹8 lakh (self) / ₹4 lakh (spouse); other accidents ₹4 lakh (self) / ₹2 lakh (spouse); plus RuPay network cover |
| Baggage and purchase protection | Up to ₹25,000 each |
| Fuel surcharge waiver | Up to ₹100 a month, on fuel transactions of ₹400+ when total card spend that month is at least ₹2,500 |
| Credit limit | ₹1 lakh to ₹50 lakh |
| Interest-free period | 20 to 50 days |
Eligibility
Issuer
Canara Bank
Network
RuPay
Minimum income
₹10 lakh a year (independent gross income)
Apply via
Canara Bank branch or website
Documents
PAN, Aadhaar, income proof
Who this card is for
- Good fit: Canara Bank customers with ₹10 lakh+ income who want a no-fee card with lounge access and insurance, and who will spend at least ₹1 lakh a year.
- Skip if: you want a high reward rate on everyday spending; a cashback card will return two to three times more.
Alternatives worth comparing
- Best lifetime-free cards
- Best RuPay cards for UPI
- Cards with free domestic lounge access
- Best cashback cards — if rewards matter more than perks
Final verdict
A solid no-fee card for perks: lounge visits, insurance and RuPay offers at zero annual cost. The 0.5% base reward rate is weak, so pair it with a cashback card for everyday spending, and make sure you cross ₹1 lakh a year to avoid the inactivity fee.
Frequently asked questions
Is the Canara RuPay Select lifetime free?
There is no joining or annual fee, but a ₹300 + GST inactivity fee applies if you spend less than ₹1 lakh in a year.
How much are reward points worth?
2 points per ₹100, each worth ₹0.25, so about 0.5% back.
How many lounge visits do I get?
2 domestic visits a quarter and 2 international visits a year for the primary cardholder.
What income do I need?
Canara Bank asks for independent gross income of at least ₹10 lakh a year.
Can I use it on UPI?
Yes. As a RuPay card it can be linked to UPI apps.
Last verified: October 2026, against Canara Bank’s RuPay Select product page and schedule of charges. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.