Edge CSB Bank RuPay Credit Card
The Edge CSB Bank RuPay Credit Card is a special card offered by CSB Bank and Jupiter, available only through the Jupiter platform. This card gives users extra cashback in three categories: dining, shopping, and travel. You can choose which category you want to earn more cashback on, with 2% cashback in the form of Reward Points (Jewels) for that category. These points can be used for cash, digital gold, or vouchers. The card also lets you earn rewards on UPI payments made through the Jupiter app, so you can get cashback on everyday purchases.
This card is free for life and doesn’t have any joining or annual fees. It allows you to earn rewards every time you use it, with the potential to earn up to Rs. 3,000 per month. Since it launched on September 6, 2023, the Edge CSB RuPay Credit Card has become a popular choice. It features a simple 3-in-1 option, where you can choose between shopping, travel, or dining to earn more cashback. The card is available for free to the first 200,000 users and has an easy online application process. Before applying, you can read a Jupiter credit card review to learn about all the benefits it offers.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
Can I stop transactions on the Edge CSB Bank RuPay Credit Card using the Jupiter app?
Yes, you can freeze your credit card directly from the Jupiter app.
What format are the rewards provided in with this card?
Rewards are given in the form of Jewels.
Is the Edge CSB Credit Card available in both digital and physical versions?
Yes, you get both—a virtual card in the Jupiter app and a physical card delivered to your address within 15 days.
Can I use the Jupiter app to redeem the rewards I earn?
Yes, reward points (Jewels) can be redeemed through the Jupiter app.
How many Jewels do I need before I can start redeeming?
You must collect at least 100 Jewels to be able to redeem them.
Is there a way to block the Edge CSB Bank RuPay Credit Card through the app?
Yes, you can block the card anytime using the Jupiter app.
How long is the interest-free period on this credit card?
The interest-free period ranges between 13 and 47 days, but it’s only available if you’ve cleared the full bill from the previous cycle.
Are there any extra fees for making rent payments using this card?
Yes, rent payments made with the Edge CSB Credit Card will incur a 1% charge.
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