CUB Dhi FD-Backed / Campus
KeepNil forex, no fee, and a ₹10,000 deposit — the cheapest way CUB will send a student abroad.
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 City Union Bank 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 #369
Why #369 A nil forex markup on a card that costs nothing and can be opened against a ₹10,000 deposit is a genuinely useful thing for a student going abroad — it is unranked only because CUB never wrote down what, if anything, it pays back on spend.
The take
This is the Dhi against a fixed deposit, and CUB sells it in the same breath to two audiences: anyone whose file will not carry an unsecured limit, and students, whom the MITC's own variant name calls "Campus". It costs nothing to take out and nothing to keep — CUB prints one line, "No annual fee and joining fee", covering both Dhi variants and every add-on. The number that makes it interesting sits in the markup table. CUB charges the unsecured Dhi 2.50% on foreign currency transactions and charges this one **Nil**. Not reduced, not capped — nil, on a card with no fee at all, opened against a deposit as small as ₹10,000. For a student with a term abroad or a first traveller building a file, that is a better forex instrument than most cards carrying a five-figure fee, and it is the single strongest reason this card exists. The secured mechanics are ordinary and worth knowing before you commit the money: the limit is 90% of the pledged deposit, CUB marks a lien on the whole FD including accrued interest until the card is closed, the lien releases two days after the dues are cleared, and breaking the deposit early costs a 1% pre-closure penalty. Cash abroad is where the goodwill stops — 2.5% of the amount with a ₹500 minimum, on top of 3.5% a month in interest from the moment you withdraw. What we cannot tell you is what it pays back. CUB describes a cashback programme in this very MITC and never states a rate for this variant; the rate it does publish is written against the unsecured card by name. So we decline to value it, and we will not borrow the sibling's number to fill the cell. Take this one for the nil markup and the deposit-backed limit, and read your first statement to find out what, if anything, comes back.
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
City Union Bank 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
- NIL foreign-currency markup — the unsecured Dhi is charged 2.50% for the same transaction
- No joining fee, no annual fee, no add-on fee, on a card secured by your own deposit
- Opens against a fixed deposit of as little as ₹10,000, with a limit of 90% of the pledged amount
- Card replacement ₹249 against ₹500 on the unsecured Dhi, and cash-advance minimums halve to ₹250
- CUB's "Campus" naming makes this an explicitly student-eligible route to a credit file
Watch out
- CUB publishes NO reward or cashback rate for this variant — the rate on its website is written against the unsecured card by name, so we decline to value this one
- The bank marks a lien on the ENTIRE deposit including accrued interest until the card is closed and dues cleared
- Breaking the pledged deposit early triggers a 1% p.a. pre-closure penal charge, and closing the card liquidates the FD
- Cash withdrawn abroad costs 2.5% with a ₹500 minimum — the nil markup covers purchases, not ATMs
- Revolving and cash advances cost 3.50% a month, 42% a year, accruing from the transaction date
- No lounge quota: the MITC offers domestic lounge access only "subject to the availability of an active promotional offer"
- Only one FD-secured card is issued per customer, and the deposit must be in a single individual's name
- Rent carries a 1% surcharge (MCC 6513) and is capped at 40% of the credit limit per calendar month
What these points actually fly
City Union Bank 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.
Invite-only — there is no public application form. The bank calls you.
Through a CUB branch or the bank's online funnel, against a fixed deposit you open and pledge. The MITC sets the terms plainly: a minimum FD of ₹10,000, a credit limit of 90% of the pledged amount, a lien on the full deposit and its interest until closure, release two days after the dues are settled, and only one FD-secured card per customer with the deposit held in a single individual's name. CUB publishes no income criterion, age band or credit-score floor — the deposit is the underwriting, which is exactly why it is the route for a student or a thin file. Ask specifically for the FD-backed variant rather than the unsecured Dhi if foreign spend is any part of the plan: the nil markup is attached to this variant and this variant only.
City Union Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
per the official City Union Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
5 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
FEE PROVENANCE: shares the MITC's single combined "Annual Fees — No annual fee and joining fee" row with the unsecured Dhi, so annualFee 0 alone and no joiningFee. NAMING INCONSISTENCY INSIDE ONE PDF, recorded so nobody splits this into two cards: the same MITC calls this variant "CUB Dhi FD Backed/ Campus Credit Card" in the main schedule and "CUB Dhi Secured Credit Card" in Annexure 1, on rows carrying identical values. One product. THE HEADLINE IS THE MARKUP: Nil, against 2.50% on the unsecured Dhi — a zero forex markup on a zero-fee card openable against a ₹10,000 deposit. FD terms: minimum deposit ₹10,000, credit limit 90% of the pledged amount, a lien marked on the entire FD including accrued interest until the card is terminated, lien released 2 days after the dues are cleared, 1% p.a. pre-closure penal charge if the deposit is broken early, only one FD-secured card per customer, and the FD must be in a single individual's name. EARN IS UNPUBLISHED for this variant and the card file records that with its three unpublished earn fields: the MITC names this card in five variant-split CHARGE rows and in no reward row, and the 1.25% figure CUB publishes is written against the unsecured card's marketing name. Do not copy it across. No lounge access is tagged — the MITC's lounge line is promotional-offer-dependent only. Card replacement ₹249. Rental payments (MCC 6513) carry a 1% surcharge, capped at 40% of the credit limit per calendar month.
per the official City Union Bank MITC · reviewed 10 Jul 2026
What's changed for this card
nothing tracked yet — which is itself a fact
No tracked devaluations or changes yet — this card's history starts here.
Verified against City Union Bank'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 — 2 of them, each with the day we read it
- official CUB Dhi MITC (v27, Feb 2026) — the Nil forex line for the FD-backed variant, "No annual fee and joining fee", the ₹10,000 minimum deposit and the 90% limit rule
- official CUB's credit-card page — the Dhi product note and FAQ, which state a cashback figure only against the unsecured card's marketing name