Canara Bank MasterCard Platinum Credit Card

Canara Bank

The Canara Bank MasterCard Platinum Credit Card is a step up from the Visa Platinum variant, offering improved lounge access and a broader reward structure at a marginally higher annual fee of ₹750 (waived on ₹1.5 lakhs annual spend). Four domestic airport lounge visits per year provide meaningful travel perks for occasional flyers, while the 1.5% reward rate on dining at partner restaurants is the card's strongest category. The 1% reward rate each on groceries and travel bookings provides a well-rounded reward structure across key spending categories. The Buy 1 Get 1 free movie ticket offer (up to ₹300) on BookMyShow adds entertainment value. Credit shield up to ₹1.5 lakhs provides improved protection over the Visa variant. The MasterCard network acceptance advantage over Visa in some international contexts is an added benefit. As with other public sector bank cards, the appeal lies in Canara Bank's extensive branch network and trusted brand heritage for customers who may not have easy access to private sector bank branches. Source: Canara Bank official website, updated May 2026.