M16S / Tamilnad Mercantile Bank / Tamilnad Mercantile TMB Platinum Credit Card
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Tamilnad Mercantile TMB Platinum Credit Card
The Tamilnad Mercantile TMB Platinum Credit Card charges no annual fee and no joining fee. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 2%a month
Apply on tmb.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Free issuance, zero annual fee; add-on free for spouse and children above 18. |
Travel and perks
| Forex markup | 3.5% |
|---|
Charges and eligibility
| Interest per monthunverified | 2% |
|---|---|
| Cash advance fee | 3% of amount, min Rs 30 (per Rs 1,000 or part) at TMB ATMs; 3% plus other bank charges elsewhere; cash limit 25% of credit limit |
| Eligibility | Any individual holding a TMB term deposit of Rs 50,000+ with minimum 3-year tenure; limit Rs 20,000 to Rs 5 lakh, capped at 75% of deposit; no income documents. |
| Fine-print notes | RuPay Platinum secured against term deposit. The 2% a month (24% a year) rate is stated for cash withdrawal finance charges; purchase interest and late fee are not stated on the page. TMB's MITC page (tabs: Visa/Master, RuPay Wings, RuPay Phoenix) did not render its content, so terms are from product pages only. No reward programme, lounge access or fuel surcharge waiver is mentioned on any TMB card page. BankBazaar still lists older names (TMB General, TMB India Card). Cards are issued to existing TMB customers. |
Questions
- What is the annual fee of the Tamilnad Mercantile TMB Platinum Credit Card?
- No annual fee.
- What is the forex markup on the Tamilnad Mercantile TMB Platinum Credit Card?
- 3.5% of each foreign-currency transaction, before GST.