SyndicateBank Global Credit Card Gold
CancelThe bigger rung that buys you a bigger cash window and nothing else at all.
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 ₹17,000 a month
At ₹17,000 a month — ₹2,04,000 a year — on the everyday mix this card returns ₹500 gross (earn ₹500) against its ₹500 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 #1030
Why #1030 Two hundred rupees a year more than the Classic for a bigger cash window and a higher income bar, and not one benefit the cheaper card did not already have. Carried for the record; Syndicate Bank was amalgamated into Canara Bank on 1 April 2020.
The take
Read the Gold column of SyndicateBank's own fee table beside the Classic column and the honest finding is that almost nothing moves. The markup abroad is three percent on both. Revolving is two percent a month on both if the minimum lands on time, two and a half on both if it does not. The interest-free window is twenty to fifty days on both. The rewards clause is one merged sentence covering both — a point for every two hundred rupees, cashed out in blocks of five hundred at fifty paise each, or set against the renewal fee. Lost-card liability is capped at a thousand rupees on both. Neither card opens a lounge door, reaches an airline, reaches a hotel or transfers anywhere, and neither carries a rupee of insurance: SyndicateBank withdrew free accident cover from every credit card it issued with effect from 31 October 2006. Two things actually move. The cash window widens from fifteen percent of the credit limit to twenty-five, which matters if you were using a public-sector Visa card as an ATM card, and it is the only functional difference the bank ever published between the two. And the door gets harder: a lakh and a half of annual income if salaried against sixty thousand, two lakh if self-employed against one, and senior citizens and pensioners are shut out of this rung entirely — the income table prints "Not eligible" against them in the Gold column and lets them hold the Classic at seventy-five. That is the whole case, and it is a bad one. Two hundred rupees a year more, a hundred more on every add-on, for a wider cash draw on a card whose cash is the most expensive money it sells: two percent at the bank's own ATMs, two and a half elsewhere, no grace period, and finance charges running from the day of withdrawal. Nobody should have paid the difference. 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
₹500/yr at stake · 5 spend bands
The charge ₹0 joining, then ₹500/yr
Break-even ₹17,000 a month — ₹2,04,000 a year — is where this card's value crosses its fee.
At your spend
₹300 a year, net of the fee, at ₹3,00,000 of annual spend
₹1,000 a year, net of the fee, at ₹6,00,000 of annual spend
₹2,500 a year, net of the fee, at ₹12,00,000 of annual spend
₹8,500 a year, net of the fee, at ₹36,00,000 of annual spend
₹14,500 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
- ₹500 a year to renew, ₹250 for an add-on
- Cash up to a quarter of the credit limit, against the Classic's fifteen percent
- 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
- Interest-free credit of twenty to fifty days, and a minimum payment of a tenth of the total due
- 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
- THE UPGRADE BUYS ONE THING: a wider cash window. Markup, interest, grace period, rewards, lost-card liability and benefits are identical to the ₹300 Classic
- 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
- Senior citizens and pensioners were barred from this rung outright — the bank's income table reads "Not eligible" in the Gold column
- The card could not be used for foreign-currency transactions in India, Nepal or Bhutan
- The wider cash window is the most expensive money on the card: 2% at the bank's own ATMs (min ₹50), 2.5% at other Indian ATMs (min ₹100) and 2.5% abroad (min ₹200), with interest from the day of withdrawal and no grace period
- Late payment ₹200 a month, over-limit usage ₹100 an occasion, a limit increase ₹200 an occasion
- 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 ₹500
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. This rung asked ₹1,50,000 a year salaried and ₹2,00,000 for the self-employed, professional and business segment, and senior citizens and pensioners could not hold it at any income. Housing, four-wheeler, term-deposit and pigmy-deposit customers, defence personnel and judges were issued pre-approved limits without income proof. Which of the two variants you actually received was not yours to choose: the application form reserves that to 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 Gold income bar, 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