TMB Platinum Credit Card
KeepLifetime free against a ₹50,000 deposit, with free add-ons for the family — and nothing at all to earn.
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 Tamilnad Mercantile 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 #392
Why #392 Carried, not valued. A genuinely lifetime-free card secured against a term deposit, with the limit, the deposit tenure and the charges all documented — and no reward structure published for it or for any other TMB card.
The take
This is the secured card in TMB's range and, for what it is, the cleanest thing the bank sells. Park a **term deposit of ₹50,000 or more for at least three years** and TMB issues a RuPay Platinum card against it with a limit of ₹20,000 to ₹5,00,000, capped at **75% of the deposit** — and charges nothing to issue it and nothing to keep it. No income documentation is part of the test at all; the deposit is the underwriting. Add-on cards for a spouse and for children over 18 are free too, which is not standard on a secured card. It is the right shape for a first card, a rebuilt file, or a household that wants a second name on the account without a second credit assessment. The deposit keeps earning its normal interest while the lien sits on it. What it is not is a rewards card, and TMB does not claim it is. No accrual rate, no redemption value, no lounge, and the markup abroad runs to 3.5%. Cash on this card is expensive — 3% with a ₹30-per-₹1,000 floor at TMB's own ATMs, then 24% a year from the moment of withdrawal — so treat the cash line as an emergency only. Take it for the free credit line against money you were going to leave on deposit anyway. Earn somewhere else.
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
Tamilnad Mercantile 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
- Genuinely lifetime free — TMB publishes no joining, annual or renewal fee for this card
- Secured against a term deposit of ₹50,000 or more; limit is 75% of the deposit, ₹20,000 to ₹5,00,000
- No income documentation in the eligibility test — the deposit is the whole underwriting
- Add-on cards free for a spouse and for children over 18
- Contactless EMV chip at no extra charge, and a paperless Green PIN — no PIN mailer is issued
- Up to 45 days of interest-free credit
Watch out
- TMB publishes NO reward structure for this card — no accrual rate, no redemption value, no lounge
- The term deposit must run at least three years, and the lien sits on it while the card is open
- Up to 3.5% foreign-currency markup
- Cash costs 3% with a ₹30-per-₹1,000 floor and then 2% a month (24% a year) from the withdrawal date
- Minimum limit is ₹20,000, so a ₹50,000 deposit at 75% is close to the floor
- Card validity is three years, not five
- TMB's own overview calls the sibling Titanium 'backed by a customer's Term Deposit' while that card's features table says 'Income-based (Unsecured)' — this one is the unambiguously secured product of the two
What these points actually fly
Tamilnad Mercantile 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?
income, age and the route in
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.
TMB states it plainly: "Any Individual holding Term Deposit with TMB, Minimum Deposit Tenure: 3 Years, Minimum Deposit Amount: ₹50,000 & above." Nothing about salary, returns or a credit score appears in the test — the bank calls it "automatic eligibility without income documentation". Open or already hold the deposit, and the card follows.
per the official Tamilnad Mercantile 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
4 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
THE FEE EVIDENCE IS A DOCUMENTED ABSENCE PLUS TWO ASSERTIONS, and it is read as a real zero rather than an unknown: the page's hero says "Free issuance with zero annual fee" and its overview says "no joining or annual fees, and a validity of three years", while the "Other charges" table that would carry a fee row lists only charge-slip retrieval ₹100 + GST, outstation collection ₹100 + GST + bank charges, duplicate statement ₹100 + GST and cheque dishonour ₹150 + GST — no joining, annual or renewal line at all. Contrast tmb-titanium, whose own Fees & Charges table DOES print a ₹250 renewal row beside "Annual Fee: Free": same issuer, same template, opposite answer, which is what makes this absence readable. SECURED PRODUCT: "Issuance Type — Secured Credit Card against Term Deposit"; limit ₹20,000 to ₹5,00,000 at a maximum of 75% of the deposit value. RuPay Platinum tier; validity 3 years; free credit period up to 45 days; contactless EMV chip at no extra charge; GREEN PIN only, with no PIN mailer issued. NO REWARD STRUCTURE AND NO LOUNGE CLAUSE is published. Secured and FD-backed cards are IN scope on the board as amended.
per the official Tamilnad Mercantile 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 Tamilnad Mercantile 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 Product page — no joining or annual fee, secured against a term deposit of ₹50,000 held three years, limit 75% of the deposit up to ₹5,00,000, up to 3.5% forex, no reward structure
- official Retail-cards hub — it links six TMB consumer credit-card pages, this one among them, which is what confirms it is a live consumer product