Central Bank of India Visa Aspire
CancelPledge a deposit, skip the income proof, and borrow at a third of what the World card charged.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until Central Bank of India publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
3 notes on the card itself: how it is issued · the network variants · why it ranks #1103
Why #1103 The FD-backed rung: no income proof, no fee, a limit up to 100% of the deposit, and by a wide margin the cheapest money on the shelf — 1.5% a month where the World card charged 3.5%. A first-card product, priced like one.
The take
Aspire is the secured card on Central Bank of India's own shelf and the only one whose eligibility does not mention income at all. The requirement is a Cent Aspire fixed deposit with the bank, and the documentation section is one sentence long: "Applicant is just required to open an Cent Aspire Fixed Deposit account at any bank branch." The credit limit runs to 100% of the deposit — not the 80–90% that most FD-backed cards of the period offered — with a floor of ₹20,000 and a ceiling of ₹10 lakh, and the card costs nothing to take and nothing to keep. The number that makes it more than a credit-history starter is the revolving rate. Central Bank published a per-card rate and Aspire's is 1.5% a month, against 2.75% on the Visa Gold, 2.99% on the Titanium and Platinum and 3.5% on the World — and the schedule is explicit that it applies to the "rollover amount, after payment of minimum balance due". That is an APR of 18% on a shelf whose top card ran at 42%, which is exactly the right shape for a card secured against your own money. The trade is that it is stripped. There is no lounge, no welcome benefit, no add-on card facility on the fee list, and the only insurance is a ₹1 lakh personal accident cover against death under a group scheme. It paid into Anmol Rewardz at the same flat rate as the Gold and the Platinum, on a catalogue programme that never published a rupee value for a point, and the late-payment schedule turns unusual above ₹10,000 — a minimum ₹100 up to that, and 1% of the outstanding amount beyond it, so the penalty scales with the balance where every other card on the shelf capped it in bands.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Central Bank of India publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- No income proof required — the eligibility is a Cent Aspire fixed deposit with the bank
- Credit limit up to 100% of the deposit, from ₹20,000 up to ₹10 lakh
- The cheapest revolving rate on the shelf at 1.5% a month, an APR of 18%
- No issuance fee and no annual fee, on the bank's own shelf-wide schedule of charges
- ₹1 lakh personal accident cover against death, under a group insurance scheme
Watch out
- WITHDRAWN — Central Bank of India's own credit-card portfolio is closed; the bank sells SBI Card co-brands instead
- Your money is locked: the limit is secured against a Cent Aspire fixed deposit you must open first
- NO lounge access, no welcome benefit, and no add-on card on the published fee list
- Late payment is a minimum ₹100 up to ₹10,000 and then 1% of the outstanding — uncapped, unlike every other card here
- No accrual value is carried here: the card paid in Anmol Rewardz, which this desk does not model as a currency
- The 2.5% fuel surcharge was charged in full, and foreign currency carried a 3.5% mark-up
What these points actually fly
Central Bank of India has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Closed to new applications — existing cardholders keep the card; there is no way in.
You cannot. Central Bank of India retired its own credit-card programme; the card portal at ccard.centralbankofindia.co.in no longer resolves, and the bank's credit-card page now sends applicants to SBI Card.
Central Bank of India publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
1 dated change
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 1 Jan 1980Central Bank of India launches Centralcard, India's first credit cardNo Indian bank had ever issued a credit card → Centralcard live — India-only, bank-issued credit
In 1980 the Central Bank of India launched Centralcard, the first credit card issued by an Indian bank — usable only within India. Awareness was thin, telecom authorisation infrastructure thinner, and uptake glacial. But a public-sector bank had put revolving credit on plastic, and Indian banking never walked it back.
Verified against Central Bank of India's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.
Every document behind this page — 3 of them, each with the day we read it
- official Central Bank of India's Visa Aspire Credit Card page (archived 01-Sep-2019) — the fixed-deposit eligibility, the 100%-of-deposit limit, the NIL issuance fee and the 1.5% monthly revolving rate
- official Central Bank of India's shelf-wide Schedule of Charges (archived 31-Oct-2020) — NIL issuing and NIL annual fee for Aspire, its 1.5% rollover rate, and its uncapped late-payment formula
- official Central Bank of India's credit-card page as it stood in 2021 — the bank's own shelf replaced by SBI Card co-brands, with legacy holders sent to a separate section