Canara Bank RuPay Select

2 points/₹100 eligible spend; statement-credit estimate after redemption minimum and inactivity condition. Confirm merchant category, card use and redemption eligibility.

Where it pays

Issuer product page gives two points per ₹100 eligible POS/e-commerce spend and nil joining and annual fee. Canara MITC states ₹0.25/point, 10,000-point cap per billing cycle, no points on fuel or cash withdrawals, and statement-credit cashback starting at 1,000 points in multiples of 100. The model treats the entered monthly amount as one eligible transaction, repeats it 12 months, applies the monthly point cap, and counts only whole 100-point blocks redeemed once at year end; fewer than 1,000 annual points yield no first-year realized cashback, though points may carry forward (validity three years). Other reward redemptions may have processing fees and are not modeled. Generic utility and Tata-brand routes have uncertain merchant/payment eligibility, so no points are estimated there. Annual usage below ₹100,000 incurs ₹300 inactivity fee plus estimated 18% GST, deducted in the score; any other card use can change this threshold calculation. RuPay Select issuer page also describes monthly offers for bill pay/dining, omitted because those have separate transaction conditions. No FD-backed assumption for either variant. MITC: https://www.canarabank.bank.in/documents/d/guest/mitc-202 .

Issuer source

https://canarabank.com/pages/Rupay-Select-Credit-Card

Checked 27 Sep 2026. One category repeated monthly; not an account-wide return. Check current issuer terms before applying.