Salary Account Credit Card and Lounge Perks
Short answer
Last checked · 2 key figures from the fact register
Key facts
| Fact | Value | Source | Date checked |
|---|---|---|---|
| RBI rules on cards | Unsolicited card: charges reversed plus a penalty of twice that amount Reported by reputable sources | RBI FAQs on the Credit Card and Debit Card Master Direction (opens in a new tab) | |
| Card reward exclusions (one issuer) | No points on rent, wallet loads, insurance, gold, utilities or government spends Official source | Axis Bank: IndianOil card terms and conditions (opens in a new tab) |
What it is
Many banks provide pre-approved credit cards with fee waivers and, on some cards, lounge access when your salary is credited to them.
Who gets it
Salary-account holders, often through company tie-ups.
How much
Fee waivers and lounge visits depend on the card's current terms, and lounge access increasingly depends on a minimum spend. Read your card's terms.
This page is under editorial review. Some figures have not yet been confirmed against official sources. Check the official source before you act.
Eligibility
- Salary is credited to the partner bank
- You meet the bank's income criterion
Value
Use the card break-even calculator with your own spend and the perks you will really use.
How to claim
- Check the offers section of your net banking.
- Apply for the pre-approved card.
- Activate lounge access in the bank app.
Documents checklist
- PAN
- Salary slips
Deadlines
Offers can expire; check periodically.
Common mistakes
- Missing the spend threshold for a fee waiver
- Paying late and losing benefits
- Carrying a balance
FAQ
Can a bank send me a card without asking?
No. RBI rules prohibit unsolicited cards; charges must be reversed with a penalty of twice the amount.
Official sources
Written by the PerkNavigate editorial team from the sources above; not yet checked against official sources. See how we verify perks. Information only; not financial, tax or legal advice (disclaimer). Found an error? Tell us.
Sources and status
Each figure on this page comes from the fact register. What the badges mean.
- Reported by reputable sourceschecked 2026-10-16
RBI Master Direction on cards (Apr 2022): an unsolicited card or upgrade means charges are reversed plus a penalty of twice that amount; closure within 7 working days or 500 per day; OTP activation within 30 days
- Official sourcechecked 2026-10-16
One issuer's terms as an example: the Axis IndianOil card gives no reward points on rent, wallet loads, insurance, gold and jewellery, utilities or government spends. Every card has its own list
Make your card points go further
Related perks
Staff Flight Concessions and Corporate Travel Benefits
Airline and corporate tie-up discounts on flights for staff and their families.