TMB Vertex Credit Card
KeepA free Visa with a ₹5 lakh ceiling — and a product page that cannot decide whether your deposit or your income backs it.
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
Welcome: Not published — TMB states no joining, activation or first-spend benefit on this card
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 #516
Why #516 Carried, not valued. Sixth card at an issuer whose entire range publishes no reward structure at all — the fee table, the limits and the charges are all documented and there is nothing to earn on any of them.
The take
Vertex is one of two cards TMB added to its range without changing the story: nothing to join, nothing a year, a Visa with a limit from ₹20,000 to ₹5,00,000, forty-five days interest-free, free add-on cards for a spouse and children over eighteen, and no reward programme of any kind. For a reader of this desk that last part is the headline. TMB is now six credit cards deep and has never published an earn rate for any of them. The page contradicts itself about what actually backs the limit, and the honest thing is to say so rather than pick the friendlier reading. Its hero calls this "A simple and secure credit card backed by your deposit" with a "Flexible credit limit backed by Term Deposit". Its Key Features table says the eligibility test is "Any individual holding account with the Bank with source of income" and caps the limit at "25% of annual income" — an income test, not a deposit one. Its Eligibility paragraph, meanwhile, is about a different card entirely: it opens "TMB VIBE360 Credit Card is available to Resident individuals", a copy-paste from the sibling product. Two of those three cannot both be true. If the limit matters to you, ask the branch which test applies before you apply. What is not in dispute: forex runs to 3.5%, exactly India's norm, so this is not a card to fly with; cash advances cost 3% with a ₹30-per-₹1,000 floor and start earning interest at 2% a month immediately; and a late payment is ₹250 + GST flat, which is gentle by Indian standards on a small bill and very gentle on a large one.
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
- Free to get and free to hold — TMB's own table prints Free against one-time issuance, joining and annual fee alike
- Visa, with a limit from ₹20,000 up to ₹5,00,000
- Add-on cards free for a spouse and for children over 18 — unusual at this end of the market
- Up to 45 days interest-free, and a contactless EMV chip at no extra charge
- Green PIN only: generate it at a TMB ATM, on the card portal or in mobile banking — no PIN mailer is issued
- Late payment is a flat ₹250 + GST at any outstanding, with no slab ladder
Watch out
- TMB publishes no reward structure for this card, or for any of its six — no rate, no points, no cashback, so there is nothing to value
- The page contradicts itself on what backs the limit: the hero says term deposit, the features table says income and caps at 25% of annual income, and the eligibility paragraph is copy-pasted from the VIBE360 card
- A ₹250 + GST RENEWAL fee applies on the primary card (₹150 on an add-on) even though the row above it reads 'Annual Fee Free' — the card's validity is three years, so budget it at re-issue
- Foreign currency conversion mark-up runs up to 3.5%, India's norm, with no travel benefit anywhere to offset it
- No lounge access — the word does not appear on the product page
- Cash advances cost 3% (minimum ₹30 per ₹1,000) and accrue 2% a month, 24% a year, from the withdrawal date
- Card replacement is ₹250 + GST; a duplicate statement older than two months is ₹100 + GST; a failed payment is ₹150 + GST
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?
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.
Through a TMB branch or the bank's credit-card lead form. The stated test is "Any individual holding account with the Bank with source of income", with the limit capped at 25% of annual income — but see the contradiction noted above, since the same page also sells the card as deposit-backed. TMB publishes no minimum income figure and no bureau criterion.
Tamilnad Mercantile 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 Tamilnad Mercantile Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.