M16S / Tamilnad Mercantile Bank / Tamilnad Mercantile TMB Vertex Credit Card
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Tamilnad Mercantile TMB Vertex Credit Card
The Tamilnad Mercantile TMB Vertex Credit Card costs Rs 250 a year. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 250+ GST
- 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 feeunverified | Rs 250 |
| Fee notes | Issuance, joining and 'annual fee' shown as free, but a renewal fee of Rs 250 + GST (add-on Rs 150) is listed. Replacement Rs 250. |
Travel and perks
| Forex markup | 3.5% |
|---|
Charges and eligibility
| Interest per monthunverified | 2% |
|---|---|
| Late payment fee | Rs 250 + GST |
| 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 | Individual holding an account with TMB with a source of income; limit Rs 20,000 to Rs 5 lakh, restricted to 25% of annual income. |
| Fine-print notes | Visa card. Page text also says 'backed by your deposit' while the parameters are income-based; unresolved. 24% a year is stated for cash withdrawals; purchase rate not stated. 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 Vertex Credit Card?
- Rs 250 a year, before GST.
- What is the forex markup on the Tamilnad Mercantile TMB Vertex Credit Card?
- 3.5% of each foreign-currency transaction, before GST.