CUB SRH Master Platinum
DowngradeThe Sunrisers Hyderabad card without the reason to own one — 3.5% forex, no travel 2X, ₹0.75 a point.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: Not published — neither CUB's Key Fact Statement nor its CSK/SRH reward document states any welcome, activation or first-transaction bonus
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied: it earns nothing on utilities and fuel here, so that spend is dropped, not paid at the headline, and stops pacing milestones and the waiver. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Pays for itself at ₹17,000 a month
At ₹17,000 a month — ₹2,04,000 a year — on the everyday mix this card returns ₹1,000 gross (earn ₹1,000) against its ₹1,000 fee = ₹0 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
3 notes on the card itself: how it is issued · the network variants · why it ranks #421
Why #421 The middle rung of CUB's cricket ladder, and the rung that does the least for a travel reader. Everything that put the Master World on this board — the 0% foreign-currency markup, the 2X on travel and hotels, the ₹1.00 point — is absent here. This variant pays 3.5% forex like the rest of CUB's range, accelerates on apparel and dining instead of travel, earns a slower 1 RP per ₹125, and redeems at ₹0.75. It is carried for completeness of the CSK/SRH family, not recommended.
CUB prices its Reward Point per VARIANT and this is the middle rung: ₹0.75 per RP, against ₹1.00 on the Master World and ₹0.50 on the RuPay Platinum. Applied to the card's slower 1 RP per ₹125 earn, the effective rate is 0.6%, not the 0.8% the headline count suggests. Redemption is vouchers and merchandise at rewards.cub.bank.in; there is no transfer partner and no statement credit.
The take
CUB sells six CSK/SRH variants off one Key Fact Statement, and reading them side by side is the fastest way to see what this middle rung is missing. The 0% foreign-currency markup that makes the Master World interesting is written as an exemption for "(CSK/SRH Master World Variant)" alone — this card pays the full 3.5%. The 2X accelerator on "Travel, Flight Bookings, and Hotel Bookings" is also World-only; here the 2X list is "Apparel, Dining, Department Stores, and Food Delivery", which is a shopping card's list, not a travel card's. The base rate is slower too: 1 RP per ₹125, against the World's 1 RP per ₹100. And the point itself is worth less — CUB's §4.1 table prices redemption per variant at ₹1.00 World, ₹0.75 Master Platinum, ₹0.50 RuPay Platinum. Multiply it out and the everyday rate is 0.6%, with the best category, franchise merchandise, reaching 1.8%. Against that, the fee is small and the first year is free: NIL joining, ₹1,000 + GST from year two, waived at ₹3 lakh of annual spend. Below that bar the free RuPay Platinum sibling — same programme, same exclusions, lifetime free — is the better holding even at its slower rate, which is why this one carries a downgrade. There is no lounge access published anywhere in either CUB document, no insurance, no milestone and no welcome bonus, and the points are terminal: vouchers and merchandise at rewards.cub.bank.in with no airline or hotel partner. Buy it if you go to Uppal; do not buy it to travel.
Your renewal — keep, downgrade or cancel
Here is the fee, the spend that clears it, and everything that has moved under this card since you last decided.
Keep, downgrade or cancel
₹1,000/yr at stake · 5 spend bands
The charge ₹0 joining, then ₹1,000/yr
The waiver ₹3,00,000 of spend in the year before renewal — about ₹25,000 a month — and the renewal fee is not charged.
Break-even ₹17,000 a month — ₹2,04,000 a year — is where this card's value crosses its fee.
At your spend
₹500 a year, net of the fee, at ₹3,00,000 of annual spend
₹3,000 a year, net of the fee, at ₹6,00,000 of annual spend — this clears the waiver, so no fee is charged
₹6,000 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹18,100 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹30,200 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
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 the numbers above are the whole 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 joining fee: the ₹1,000 + GST starts in year two and is waived on ₹3 lakh of annual spend
- 2X Reward Points on apparel, dining, department stores and food delivery — 1.2% at CUB's ₹0.75 Master Platinum redemption rate
- 3X on SRH merchandise and match tickets, worth 1.8% — the card's best rate
- A virtual RuPay card on the same account makes it UPI-linkable at 2 RP per ₹150
- 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, capped at ₹500 a statement cycle — the Master band, twice the RuPay Platinum's ₹300
Watch out
- 3.5% foreign-currency markup — the KFS's 0% exemption names the Master World variant alone, and this is not it
- No travel accelerator: the 2X on travel, flights and hotels is World-only, and this variant's 2X list is apparel, dining, department stores and food delivery
- The slowest Mastercard earn in the family — 1 RP per ₹125, against the World's 1 RP per ₹100
- ₹0.75 per Reward Point, the middle rung of CUB's three-variant table, so the 0.8 RP per ₹100 headline is really 0.6%
- No lounge access is published anywhere — CUB's Key Fact Statement and reward document are both silent
- The points are terminal: vouchers and merchandise at rewards.cub.bank.in, with no airline or hotel transfer partner published
- A long exclusion list earns nothing at all — fuel, rent, utilities and telecom, insurance, education, wallet loads, gold and jewellery, gambling, government payments and cash
- Surcharges stack on top of the exclusions: 1% on rent, 1% on wallet loads, and 1% on fuel, utility or skill-gaming spend once the cycle crosses ₹50,000 / ₹25,000 / ₹10,000 respectively
- Revolves at 3.5% a month — 42% a year — on both purchases and cash advances
- Reward Points round DOWN to whole numbers on every transaction, so small spends leak: CUB's own example turns 1.96 RP into 1
- CUB reserves the right to modify or withdraw the reward programme, and says points 'may expire as per the Bank's policy' without publishing that policy
What these points actually fly
No live transfer route takes City Union Bank Reward Points into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
What earns, what doesn't
12 sourced rules · 9 pay zero
ONE reward document serves both franchises — its title is "CUB CSK/SRH Credit Card" and every earn, redemption and exclusion clause is written for the pair, never for one side — so the SRH Master Platinum carries rules identical to the CSK variant, verified from the same primary source rather than copied across. See the CSK Master Platinum row above for the reading of CUB's unusually wide exclusion ranges, and note the one thing that separates this rung from the Master World: §2.2's 2X list is "Apparel, Dining, Department Stores, and Food Delivery", so travel earns the base rate here.
- Fuel · excluded MCCs 5172, 5541, 5542 and 5983 earn nothing, plus a 1% fuel transaction fee above ₹50,000 cumulative in a cycle; the surcharge waiver covers ₹400–₹5,000 transactions to a maximum ₹500 per cycle
- Rent & property management · excluded MCC 6513 earns nothing and carries a 1% rental surcharge on every transaction
- Wallet loads · excluded MCCs 6538–6542 earn nothing and carry a 1% wallet load transaction fee
- Utilities (electricity/water/gas) · excluded The whole 4800–4999 "Utilities & Telecom" range earns nothing; a 1% utility fee also applies above ₹25,000 cumulative in a cycle
per City Union Bank T&C · rank every card by spend category →
Does your spend count toward the fee waiver?
not published — and we say which
₹3,00,000 a year is the bar that waives the ₹1,000 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. City Union Bank states what the CUB SRH Master Platinum earns and does not earn, but has not published which spend categories count toward the fee waiver — the ₹3,00,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
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.
Direct application — no invite list, no banking relationship required.
A City Union Bank co-brand with the Sunrisers Hyderabad, applied for through CUB's own credit-card funnel — CUB issues on its own licence, so this is not a partner-bank product and there is no invitation list. CUB publishes no income or age criteria for the variant in its Key Fact Statement, and the eligibility panel on its product page is served by script rather than in the page source, so we do not state a threshold we have not read. The identical CSK variant is the same card with a Chennai Super Kings face.
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
7 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
THE SUNRISERS MIRROR OF THE CSK MASTER PLATINUM, AND THE MIRRORING IS VERIFIED RATHER THAN ASSUMED: KFS v5 prints "CUB SRH MASTER PLATINUM CREDIT CARD (FIRST YEAR FREE)" as its own row with NIL joining, "₹ 1000 + GST (waived on spends of ₹ 3L)" from year two and a ₹500 + GST add-on — figure for figure identical to the CSK row — and every other charge in the document is stated once for all six variants. The 0% foreign-currency exemption is written as a variant class, "(CSK/SRH Master World Variant)", which excludes this card: it pays 3.5%. Fuel surcharge waiver 1% on transactions between ₹400 and ₹5,000, maximum benefit ₹500 per statement cycle — the Master band, not the RuPay pair's ₹400–₹3,000 / ₹300. The same four 1% surcharges apply: rent (MCC 6513) and wallet loads (6538–6542) on every transaction, fuel above ₹50,000 cumulative in a cycle, utilities above ₹25,000 and online skill-based gaming above ₹10,000. Same ancillary charges as the CSK variant: limit enhancement ₹200, cheque return ₹300, re-issue ₹300, statement retrieval ₹50, charge slip ₹250, keychain FOB ₹400, physical RuPay card ₹250, EMI conversion 2% (₹200–₹1,000) and foreclosure 5%. Grace period 20 to 48 days. NO LOUNGE CLAUSE APPEARS ANYWHERE IN THE DOCUMENT.
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 · the net-annual-value engine, at our house ₹/point
Every document behind this page — 4 of them, each with the day we read it
- official CUB's credit-cards page — the live shelf that names the CSK and SRH co-brands and links every document this card is priced from
- official CUB's Key Fact Statement (KFS v5, 13 April 2026) — the fee table for all six CSK/SRH variants, the 3.5% foreign-currency row and the Master fuel-surcharge band
- official CUB's CSK/SRH Card Product Reward Document — the 1 RP per ₹125 Master Platinum earn table, the ₹0.75 redemption rate and the MCC exclusion list
- official CUB's Sunrisers Hyderabad co-brand product page