Canara Bank VISA Gold Secured

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 secured-card 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 ₹25,000 incurs ₹150 inactivity fee plus estimated 18% GST, deducted in the score; any other card use can change this threshold calculation. This variant requires an eligible fixed deposit; the capital commitment and forgone alternative returns are not included in ROI, so compare against an unsecured card cautiously. VISA Gold Secured summary table says ₹100 inactivity, but its detailed fee table and bank matrix both say ₹150; this model uses the detailed table and flags the conflict. Variant-specific benefits, lounges and discounts omitted. Card page: https://www.canarabank.bank.in/visa-gold-secured-credit-card ; bank matrix: https://www.canarabank.bank.in/documents/d/guest/credit-20card-20variants-20and-20features ; MITC: https://www.canarabank.bank.in/documents/d/guest/mitc-202 .

Issuer source

https://www.canarabank.bank.in/visa-gold-secured-credit-card

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