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M16S / Dhanlaxmi Bank / Dhanlaxmi Dhan Namaste Credit Card (Visa Platinum)

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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 feeFree
Annual feeunverifiedRs 400
Annual spend that waives the feeunverifiedRs 50,000
Fee notesPlatinum variant per MITC: joining nil for new customers; annual Rs 400 waived on Rs 50,000 annual usage; add-on free.

Rewards

Reward currencyCashback
Accelerated earn5% cashback on supermarket and departmental store purchases
CapsCashback capped at Rs 50 per month per card
Reward notesNo 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 conditionsProduct page shows a 'Lounge Access' tab but its content was not readable.
Forex markup3.5%
Fuel surcharge waiverNone described; fuel service charge Rs 10 or 2.5%
Other freebiesVisa Platinum privileges, online concierge, global customer assistance.

Charges and eligibility

Interest per month1.9%
Late payment fee30% of minimum amount due, min Rs 400, max Rs 600
Cash advance feeRs 400 per transaction
EligibilitySalaried or self-employed with minimum annual gross income of Rs 6 lakh.
Fine-print notesMITC: 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.