Tamilnad Mercantile Bank (TMB) offers a diverse range of credit cards tailored to meet the financial needs of various customers. From personal to business solutions, each credit card comes with unique features and benefits, including flexible credit limits, complimentary insurance coverage, and rewards. Below is an extended thread detailing the different credit card options available at TMB:
TMB Wings RuPay Credit Card
The TMB Wings RuPay Credit Card is designed for everyday spending on bills, groceries, and fees, offering a hassle-free financial solution. This card is an ideal choice for customers looking for a basic credit card with essential features and benefits. Key highlights of this card include:
- Annual Fee Waiver: Spend ₹50,000 in any quarter to waive the ₹250 annual fee.
- Insurance Coverage: Enjoy personal accident death coverage of ₹2 lakhs and lost card liability up to ₹50,000.
- Eligibility: Requires an SB account with the bank for at least one year, an annual income of ₹3 lakhs, and a CIBIL score of 700 or more.
TMB Phoenix RuPay Credit Card
The TMB Phoenix RuPay Credit Card caters exclusively to business customers, allowing seamless transactions on utilities, tax payments, insurance, and more. This card offers:
- Annual Fee Waiver: Spend ₹1 lakh in the previous year to waive the ₹500 annual fee.
- Eligibility Criteria: Requires a current account with the bank for at least one year and a CIBIL score of 700 or more.
- Insurance Protection: Personal accident death coverage and lost card liability coverage.
TMB Platinum Credit Card
The TMB Platinum Credit Card is best suited for individuals who can maintain fixed deposits of ₹50,000 or more for at least three years. It provides:
- Credit Limit Flexibility: With a limit ranging from ₹20,000 to ₹5 lakhs, it offers flexibility and control over spending.
- No Annual Fee: This card is fee-free, allowing cardholders to focus on maximizing their rewards and benefits.
- Insurance Benefits: Includes personal accident coverage of ₹5 lakhs and lost card liability up to ₹50,000.
TMB Titanium Credit Card
The TMB Titanium Credit Card is an ideal lifetime-free option for those looking for a basic credit card with no joining or annual fees. Key features include:
- Flexible Credit Limit: Ranges from ₹20,000 to ₹5 lakhs.
- Insurance Benefits: Provides personal accident coverage of ₹5 lakhs and lost card liability up to ₹50,000.
- Free Add-on Cards: Available for spouses and children over 18 years of age.
Conclusion
TMB offers an extensive range of credit cards tailored to meet diverse financial needs. Whether you need a card for daily expenses, business transactions, or simply want to benefit from flexible credit limits and insurance coverage, TMB’s credit cards provide a secure and convenient banking experience.