My Experience of Applying for Canara Bank Mastercard World Credit Card

[sjmajumder]

I recently applied for the Canara Bank Mastercard World Credit Card, and I wanted to share my experience, especially the key insights and issues I encountered along the way.

Key Benefits & Findings:​

🔹 Lounge Access for Guests – This card offers both domestic and international lounge access for guests, which I discovered in a thread on Canara Bank cards.
🔹 Golf Benefits – Another unexpected perk I found through Mastercard's program. Surprisingly, this isn't mentioned on Canara Bank’s website but is confirmed through Mastercard’s World Card India Golf Program.
🔹 Approval by Branch Manager (BM) – The BM can approve this card at his level, making the process considerably faster.
🔹 Fees & Charges – While this is a Lifetime Free (LTF) card, there is an inactivity fee of ₹300 + GST per year if annual spending does not reach ₹1,00,000. So, I personally consider it a paid card with an effective annual fee of ₹354.

---

Application Process:​

📍 Branch Visit & Application Submission
I applied at a branch just 2 minutes from my home (not the one where I got 10K twice 😆). I contacted the Branch Manager (BM) over WhatsApp, and he asked me to visit with the required documents.

📅 Application Date: 01-Feb

• Since I have an SB Account in a different branch, the BM took a printout of my application form after entering my account number.
• My details were pre-filled, and I just had to:
  ✅ Tick the card variant (Mastercard World)
  ✅ Enter name to be embossed on card
  ✅ Verify other printed details and sign
• Documents submitted: Self-attested copies of PAN, Aadhaar, latest ITR, and a passport-size photo.

---

Approval Process:​

📅 Follow-ups & Delays

• 15-Feb: Followed up and was told there were system issues. BM said his staff would call for verification, but I didn't hear back.
• 20-Feb: Sent a WhatsApp reminder about the 20-day delay. Got a call from the branch soon after.
• Card application was finally submitted in their system after I provided consent via:
  • A webpage link & OTP verification
  • Another code that I had to share with the branch staff over the phone
• CIBIL inquiry alert after 19 minutes, followed by an approval SMS in 11 minutes—fastest approval ever!

📢 Reason for Delay:
The branch staff mentioned a system upgrade, which added a new consent step that was not required earlier.

📅 Card Received: 24-Feb (via Speed Post)

---

Issues Faced:​

⚠️ Truncated Name on Card – Instead of embossing the name entered in the application form, they truncated my full name and embossed the same.
⚠️ CIBIL Inquiry as "Consumer Loan" – Instead of being categorized as a credit card inquiry, my CIBIL report showed a consumer loan inquiry.
⚠️ Follow-ups Required – Had to push the BM twice to get my application submitted in the system.

---

Final Thoughts​

Overall, it was a mixed experience—the approval itself was super quick (30 minutes flat!), but the delays and minor issues were frustrating. If you're considering this card, be prepared for potential delays, but once processed, it’s smooth.

Would love to hear if others had a similar or different experience! 🚀💳

 

[rafzy]

I recently applied for the Canara Bank Mastercard World Credit Card, and I wanted to share my experience, especially the key insights and issues I encountered along the way.

Key Benefits & Findings:​

🔹 Lounge Access for Guests – This card offers both domestic and international lounge access for guests, which I discovered in a thread on Canara Bank cards.
🔹 Golf Benefits – Another unexpected perk I found through Mastercard's program. Surprisingly, this isn't mentioned on Canara Bank’s website but is confirmed through Mastercard’s World Card India Golf Program.
🔹 Approval by Branch Manager (BM) – The BM can approve this card at his level, making the process considerably faster.
🔹 Fees & Charges – While this is a Lifetime Free (LTF) card, there is an inactivity fee of ₹300 + GST per year if annual spending does not reach ₹1,00,000. So, I personally consider it a paid card with an effective annual fee of ₹354.

View attachment 85116

---

Application Process:​

📍 Branch Visit & Application Submission
I applied at a branch just 2 minutes from my home (not the one where I got 10K twice 😆). I contacted the Branch Manager (BM) over WhatsApp, and he asked me to visit with the required documents.

📅 Application Date: 01-Feb

• Since I have an SB Account in a different branch, the BM took a printout of my application form after entering my account number.
• My details were pre-filled, and I just had to:
  ✅ Tick the card variant (Mastercard World)
  ✅ Enter name to be embossed on card
  ✅ Verify other printed details and sign
• Documents submitted: Self-attested copies of PAN, Aadhaar, latest ITR, and a passport-size photo.

---

Approval Process:​

📅 Follow-ups & Delays

• 15-Feb: Followed up and was told there were system issues. BM said his staff would call for verification, but I didn't hear back.
• 20-Feb: Sent a WhatsApp reminder about the 20-day delay. Got a call from the branch soon after.
• Card application was finally submitted in their system after I provided consent via:
  • A webpage link & OTP verification
  • Another code that I had to share with the branch staff over the phone
• CIBIL inquiry alert after 19 minutes, followed by an approval SMS in 11 minutes—fastest approval ever!

📢 Reason for Delay:
The branch staff mentioned a system upgrade, which added a new consent step that was not required earlier.

📅 Card Received: 24-Feb (via Speed Post)

---

Issues Faced:​

⚠️ Truncated Name on Card – Instead of embossing the name entered in the application form, they truncated my full name and embossed the same.
⚠️ CIBIL Inquiry as "Consumer Loan" – Instead of being categorized as a credit card inquiry, my CIBIL report showed a consumer loan inquiry.
⚠️ Follow-ups Required – Had to push the BM twice to get my application submitted in the system.

---

Final Thoughts​

Overall, it was a mixed experience—the approval itself was super quick (30 minutes flat!), but the delays and minor issues were frustrating. If you're considering this card, be prepared for potential delays, but once processed, it’s smooth.

Would love to hear if others had a similar or different experience! 🚀💳

A rather rare creditcard I'd say since most of them dont have or use canara cc.
How's the point structure?? And what are the redeem options??

 

[sjmajumder]

A rather rare creditcard I'd say since most of them dont have or use canara cc.
How's the point structure?? And what are the redeem options??

Didn't check, not bothered 🙂. I need only the lounge and golf benefits.

 

[VGisHere]

A couple of questions -
1. What is your cibil score?
2. What is the credit limit you have received?
3. Did your credit limit follow the rule - [(3*Salary-in-Cash) - (Cumulative credit on other CC)] ?
4. How many cards you hold?

I visited branch, however the branch manager refused as point 3 was negative in my case.

 

[VGisHere]

A rather rare creditcard I'd say since most of them dont have or use canara cc.
How's the point structure?? And what are the redeem options??

For a paltry 354 INR on annual basis (reversed on 1L spends)
You get -

Domestic Lounge Access​

3+2 complimentary lounge access every quarter

International Lounge Access​

2+2 complimentary lounge access every year

Plus the seasonal offers on airlines, shopping.

 

[sjmajumder]

A couple of questions -

A couple means 2, you asked 4 🤣🤣🤣

1. What is your cibil score?

Check here...

2. What is the credit limit you have received?

A meagre 1L, lowest among all my CCs but BM told me after six months I can request for enhancement and will most likely get something around 4L.

3. Did your credit limit follow the rule - [(3*Salary-in-Cash) - (Cumulative credit on other CC)] ?

Nope...That will be a negative of around 2CR

4. How many cards you hold?

Check here...

I visited branch, however the branch manager refused as point 3 was negative in my case.

It will be negative for anyone having more than 2-3 CCs. This is a very polite way of saying NO. If you really want the card go back and ask him what he wants in return - some FDs, MF, maybe.

 

[VGisHere]

Yup, have same story. Have about 20 cards, cumulative limit of about 75L.
But I'm just confused why would they deny a CC as such? What implication does it hold to them?
CC is usually a profitable business for banks.

Thankfully, your limit is like 1L and not in some thousands. 🙂
Also, are the CC linked to branch, if you have an idea? As if possible, could you ask the BM that if someone from another branch/state could apply.

 

[hender]

I recently applied for the Canara Bank Mastercard World Credit Card, and I wanted to share my experience, especially the key insights and issues I encountered along the way.

Key Benefits & Findings:​

🔹 Lounge Access for Guests – This card offers both domestic and international lounge access for guests, which I discovered in a thread on Canara Bank cards.
🔹 Golf Benefits – Another unexpected perk I found through Mastercard's program. Surprisingly, this isn't mentioned on Canara Bank’s website but is confirmed through Mastercard’s World Card India Golf Program.
🔹 Approval by Branch Manager (BM) – The BM can approve this card at his level, making the process considerably faster.
🔹 Fees & Charges – While this is a Lifetime Free (LTF) card, there is an inactivity fee of ₹300 + GST per year if annual spending does not reach ₹1,00,000. So, I personally consider it a paid card with an effective annual fee of ₹354.

View attachment 85116

---

Application Process:​

📍 Branch Visit & Application Submission
I applied at a branch just 2 minutes from my home (not the one where I got 10K twice 😆). I contacted the Branch Manager (BM) over WhatsApp, and he asked me to visit with the required documents.

📅 Application Date: 01-Feb

• Since I have an SB Account in a different branch, the BM took a printout of my application form after entering my account number.
• My details were pre-filled, and I just had to:
  ✅ Tick the card variant (Mastercard World)
  ✅ Enter name to be embossed on card
  ✅ Verify other printed details and sign
• Documents submitted: Self-attested copies of PAN, Aadhaar, latest ITR, and a passport-size photo.

---

Approval Process:​

📅 Follow-ups & Delays

• 15-Feb: Followed up and was told there were system issues. BM said his staff would call for verification, but I didn't hear back.
• 20-Feb: Sent a WhatsApp reminder about the 20-day delay. Got a call from the branch soon after.
• Card application was finally submitted in their system after I provided consent via:
  • A webpage link & OTP verification
  • Another code that I had to share with the branch staff over the phone
• CIBIL inquiry alert after 19 minutes, followed by an approval SMS in 11 minutes—fastest approval ever!

📢 Reason for Delay:
The branch staff mentioned a system upgrade, which added a new consent step that was not required earlier.

📅 Card Received: 24-Feb (via Speed Post)

---

Issues Faced:​

⚠️ Truncated Name on Card – Instead of embossing the name entered in the application form, they truncated my full name and embossed the same.
⚠️ CIBIL Inquiry as "Consumer Loan" – Instead of being categorized as a credit card inquiry, my CIBIL report showed a consumer loan inquiry.
⚠️ Follow-ups Required – Had to push the BM twice to get my application submitted in the system.

---

Final Thoughts​

Overall, it was a mixed experience—the approval itself was super quick (30 minutes flat!), but the delays and minor issues were frustrating. If you're considering this card, be prepared for potential delays, but once processed, it’s smooth.

Would love to hear if others had a similar or different experience! 🚀💳

Superb write-up, thanks for sharing 🙏

 

[sjmajumder]

Superb write-up, thanks for sharing 🙏

Thanks to ChatGPT 😁😁

 

[hender]

Thanks to ChatGPT 😁😁

Still, experience is yours. 💯

 

[hender]

Nope...That will be a negative of around 2CR

What's that exactly!
How's PSU vs PVT underwriting wrt to card limit/total limit on other cards, in case of salary/Self/Professional.

 

[nishank]

Do we need a saving account first ?

 

[kiranjain]

Without account mil sakta hai yeah????

 

[sjmajumder]

What's that exactly!
How's PSU vs PVT underwriting wrt to card limit/total limit on other cards, in case of salary/Self/Professional.

PSU

• Canara - 1L
• Bob - 1.8L
• PNB - 2L
• SBI - 3.6L

Private:

• Axis - 15L
• ICICI - 13.3L
• IDFC - 11L
• Kotak - 10.6L
• SCB - 10L
• HDFC, AU - 8L

 

[sjmajumder]

Yup, have same story. Have about 20 cards, cumulative limit of about 75L.
But I'm just confused why would they deny a CC as such? What implication does it hold to them?
CC is usually a profitable business for banks.

Thankfully, your limit is like 1L and not in some thousands. 🙂
Also, are the CC linked to branch, if you have an idea? As if possible, could you ask the BM that if someone from another branch/state could apply.

Approval is by BM. Why will he approve a CC for someone whom he doesn't know and not a customer of his branch? From different state - absolutely out of question.

Do we need a saving account first ?

Without account mil sakta hai yeah????

Canara Bank does not issue CC if you don't have account with them.

 

[hender]

PSU

• Canara - 1L
• Bob - 1.8L
• PNB - 2L
• SBI - 3.6L

Private:

• Axis - 15L
• ICICI - 13.3L
• IDFC - 11L
• Kotak - 10.6L
• SCB - 10L
• HDFC, AU - 8L

PSU

• Canara - 1L
• Bob - 1.8L
• PNB - 2L
• SBI - 3.6L

Private:

• Axis - 15L
• ICICI - 13.3L
• IDFC - 11L
• Kotak - 10.6L
• SCB - 10L
• HDFC, AU - 8L

Thanks for sharing 🙏