SyndicateBank Global Credit Card Classic
CancelThree hundred rupees a year, nothing to join, and a bank that stopped insuring you in 2006.
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: Nothing published — Syndicate Bank advertised no joining gift, only a standing "free for life" waiver on new cards that its last fee schedule no longer carried
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. 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 ₹10,000 a month
At ₹10,000 a month — ₹1,20,000 a year — on the everyday mix this card returns ₹300 gross (earn ₹300) against its ₹300 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 #1029
Why #1029 The cheaper of Syndicate Bank's two Visa rungs — ₹300 a year, nothing to join, a three percent markup abroad and a rewards scheme the bank priced at fifty paise a unit. Carried for the record; Syndicate Bank was amalgamated into Canara Bank on 1 April 2020.
The take
SyndicateBank's Global Credit Card came in exactly two sizes and this was the small one. It cost nothing to take out — the bank's own fee table prints NIL against Entrance Fee for the primary card and for the add-on — and ₹300 a year to keep, with an add-on renewing at half that. For a public-sector Visa card sold through seventeen hundred branches that is a fair price, and for most of the card's life the bank was not even charging it: the product sheet led with a free-for-life offer on new cards, asterisked, that quietly vanished from the last fee document the bank published. What you got for the money was acceptance and very little else. Three percent on international transactions is half a point under the Indian norm, which is the single most useful number on the card, though the card was barred outright from foreign-currency transactions in India, Nepal and Bhutan. Interest-free credit ran twenty to fifty days. Revolving cost two percent a month if you paid the minimum on time and two and a half if you did not — genuinely cheap against the three-and-a-half most Indian issuers charged then — and the minimum payment was a soft ten percent of the total due. Cash was available at every SyndicateBank ATM and every Visa ATM in the world, though the Classic could only draw fifteen percent of its limit that way against the Gold's twenty-five. The rewards were thin and honestly described: one point for every two hundred rupees, cashed out in blocks of five hundred at fifty paise each, straight into the card account, or applied against the renewal fee. Registering for e-mailed statements earned a small fixed bonus on every transaction. There was no airline, no hotel, no transfer partner and no lounge, ever. There was also no insurance: free accident cover on all SyndicateBank credit cards was withdrawn with effect from 31 October 2006 and the bank kept saying so, in print, for the next decade. The door was low — sixty thousand rupees of annual income if salaried, and pensioners and senior citizens up to seventy-five could hold this rung when they could not hold the one above it. On 1 April 2020 Syndicate Bank was amalgamated into Canara Bank.
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
₹300/yr at stake · 5 spend bands
The charge ₹0 joining, then ₹300/yr
Break-even ₹10,000 a month — ₹1,20,000 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
₹1,200 a year, net of the fee, at ₹6,00,000 of annual spend
₹2,700 a year, net of the fee, at ₹12,00,000 of annual spend
₹8,700 a year, net of the fee, at ₹36,00,000 of annual spend
₹14,700 a year, net of the fee, at ₹60,00,000 of annual spend
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
Syndicate 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
- Nothing to join — the bank's own fee table prints NIL against Entrance Fee for the primary card and the add-on alike
- ₹300 a year to renew, ₹150 for an add-on
- A three percent markup on international transactions, half a point under India's 3.5% norm
- Revolving at two percent a month if the minimum is paid on time, against the three-and-a-half most Indian issuers charged
- A minimum payment of just a tenth of the total due
- Interest-free credit of twenty to fifty days
- An income bar of sixty thousand rupees a year salaried, and senior citizens and pensioners up to seventy-five were eligible for this rung
- Housing-loan, car-loan, term-deposit and pigmy-deposit customers, defence personnel and judges were issued pre-approved limits with no income proof at all
Watch out
- WITHDRAWN — Syndicate Bank was amalgamated into Canara Bank on 1 April 2020 and this card was not carried forward under its own name
- NO INSURANCE AT ALL: the bank's free accident cover was withdrawn with effect from 31 October 2006, and its own product sheet says so
- No lounge access, no airline partner, no hotel partner, no transfer route — the rewards left only as a rupee credit or against the renewal fee
- The card could not be used for foreign-currency transactions in India, Nepal or Bhutan
- The Classic could draw only fifteen percent of its credit limit in cash, against the Gold's twenty-five
- Cash cost 2% at the bank's own ATMs (min ₹50), 2.5% at other Indian ATMs (min ₹100) and 2.5% abroad (min ₹200) — and interest ran from the day of withdrawal, with no grace period
- Late payment ₹200 a month, over-limit usage ₹100 an occasion, a limit increase ₹200 an occasion, and a balance enquiry at a Visa ATM abroad ₹30
- Petrol was charged 2.5% of the transaction with a ₹10 floor, so this was never a fuel card
- Missing the minimum payment for two billing cycles blocked the card; three cycles hot-listed it
- The "FREE FOR LIFE" headline on the bank's product sheet was an asterisked offer on NEW cards, not the schedule — the last fee document Syndicate Bank published prints ₹300
What these points actually fly
No live transfer route takes SyndicateBank 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 →
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. Syndicate Bank ceased to exist as a licensed bank on 1 April 2020, when it was amalgamated into Canara Bank. While it was open the bank wanted a resident of the issuing branch's operational area, over 21 and under 60 if salaried or under 65 if self-employed, not a minor and not illiterate, holding a PAN and preferably an account operated satisfactorily for at least six months. The income bar for this rung was ₹60,000 a year salaried and ₹1,00,000 for the self-employed, professional and business segment; senior citizens and pensioners up to 75 qualified at ₹60,000 and were not eligible for the Gold at all. Housing, four-wheeler, term-deposit and pigmy-deposit customers, defence personnel and judges were issued pre-approved limits without income proof. NRIs, persons of Indian origin and foreign nationals working in India could hold the card as account holders of the bank.
Syndicate Bank 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
nothing tracked yet — which is itself a fact
No tracked devaluations or changes yet — this card's history starts here.
Verified against Syndicate Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 3 of them, each with the day we read it
- official SyndicateBank Global Credit Card application form and Most Important Terms & Conditions (archived 13-Mar-2017) — the entrance and renewal fee table, the 3% markup and the full charge schedule
- official "Details of SyndicateBank Global Credit Card" (archived 13-May-2015) — the nine-page product sheet: the two variants, the income table, the rewards scheme and the withdrawn accident cover
- official Syndicate Bank's Global Credit Card page (archived 19-Apr-2019) — the product's own home, and the index of its documents