CUB Kavach Credit Card
City Union Bank · Open to apply
A secured credit card from City Union Bank, issued against a fixed deposit, with no joining or annual fee and lower interest (2% a month) and forex markup (2%) than the bank's other cards. It earns 1 reward point per ₹100, 5 above ₹20,000 and 10 above ₹50,000 of eligible spend a month, with points worth ₹0.20 each. The fixed deposit minimum was not found.
- Annual fee
- Lifetime free
- Joining fee
- None
- Base rate
- 1 reward point per ₹100, 5 per ₹100 from ₹20,000 and 10 per ₹100 from ₹50,000 of eligible spend a month: 1 CUB Reward Points per ₹100 up to ₹20,000; 5 CUB Reward Points per ₹100 up to ₹50,000; 10 CUB Reward Points per ₹100 above ₹50,000 (about 0.2% at cash value)
- Lounges
- None on record
- Forex markup
- 2%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on utilities and telecom, rent, wallets, insurance, government, fuel, cash, gambling, education, tolls and gold
Terms the calculator does not value
- Reward points are capped at 2% of the card's credit limit in a billing cycle (the limit is the holder's own, a share of the deposit not stated).
- Transactions under ₹2,000 at small offline merchants and the railway, contracted-service, agriculture, other transit and post office categories earn no points; our categories do not match these exactly.
- The fixed deposit minimum and the credit limit as a share of the deposit are not stated in the Kavach documents.
Sources
- City Union Bank Key Fact Statement for Credit Cards, KFS_V6 (updated 2026-10-03) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- City Union Bank Most Important Terms and Conditions for Credit Cards, MITC_V6 (updated 2026-10-03) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- CUB Kavach Credit Card Key Fact Statement (Kfs_v1_050126) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- CUB Kavach Credit Card MITC (Mitc_v1_050126) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- Card Product Reward Document, CUB Kavachh Credit Card (September 2026) (Reward terms, the bank's own, read 6 Nov 2026)