M16S / Dhanlaxmi Bank / Dhanlaxmi Dhan Namaste Credit Card (Visa Platinum)
entry · cashback
Dhanlaxmi Dhan Namaste Credit Card (Visa Platinum)
The Dhanlaxmi Dhan Namaste Credit Card (Visa Platinum) costs Rs 400 a year, waived if you spend Rs 50,000 in a year. Accelerated earn: 5% cashback on supermarket and departmental store purchases. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 400+ GST
- Fee waived at
- Rs 50,000annual spend
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 1.9%a month
Apply on dhan.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual feeunverified | Rs 400 |
| Annual spend that waives the feeunverified | Rs 50,000 |
| Fee notes | Platinum variant per MITC: joining nil for new customers; annual Rs 400 waived on Rs 50,000 annual usage; add-on free. |
Rewards
| Reward currency | Cashback |
|---|---|
| Accelerated earn | 5% cashback on supermarket and departmental store purchases |
| Caps | Cashback capped at Rs 50 per month per card |
| Reward notes | No base reward point rate is stated on the Namaste product page. Cashback cap of Rs 50 a month means the 5% applies to only Rs 1,000 of spend. |
Travel and perks
| Lounge conditions | Product page shows a 'Lounge Access' tab but its content was not readable. |
|---|---|
| Forex markup | 3.5% |
| Fuel surcharge waiver | None described; fuel service charge Rs 10 or 2.5% |
| Other freebies | Visa Platinum privileges, online concierge, global customer assistance. |
Charges and eligibility
| Interest per month | 1.9% |
|---|---|
| Late payment fee | 30% of minimum amount due, min Rs 400, max Rs 600 |
| Cash advance fee | Rs 400 per transaction |
| Eligibility | Salaried or self-employed with minimum annual gross income of Rs 6 lakh. |
| Fine-print notes | MITC: revolving finance charge 1.9% a month (22.8% a year); cash advance finance charge 3% a month; default finance charge 3.5% a month from date of default. Joining fee is Rs 400 if the applicant closed a Dhanlaxmi card in the last 3 years. Fuel transactions carry a service charge of Rs 10 or 2.5%; no fuel surcharge waiver is described. Overlimit 2.5% min Rs 300. Cash limit 15% of credit limit. Reward redemption fee Rs 75 for gifts, nil for cash. Aggregators still list an older 'Gold' card that is not on the bank's site. The MITC groups 'Visa/RuPay Platinum' on one fee line; Paisabazaar shows the Visa Platinum as nil annual fee, which conflicts with the MITC. |
Questions
- What is the annual fee of the Dhanlaxmi Dhan Namaste Credit Card (Visa Platinum)?
- Rs 400 a year, before GST. It is waived if you spend Rs 50,000 in a year.
- What is the forex markup on the Dhanlaxmi Dhan Namaste Credit Card (Visa Platinum)?
- 3.5% of each foreign-currency transaction, before GST.