The verdict
A formidable luxury credit card in the ₹10,000 tier that directly rivals cards like Axis Reserve and ICICI Emeralde Private. The ₹10,000 Oberoi welcome voucher offsets year-one fees, while unlimited international lounges and a 1% forex fee deliver recurring high-yield benefits for global high-earners.
Spending ₹1,00,000/month across retail, luxury dining, and travel triggers the 10,000 monthly milestone points (₹30,000 value annually) alongside ₹24,000 in base reward earnings. Adding the ₹10,000 Oberoi welcome voucher, unlimited international lounges (₹25,000 value), BookMyShow savings (₹6,000), EazyDiner savings (₹6,000), and 4 golf sessions (₹12,000), while crossing ₹12,00,000 to waive the ₹9,999 fee, produces over ₹1,13,000 in total net annual value.
If your annual spending stays below ₹12,00,000, paying the ₹9,999 + GST renewal fee without achieving the waiver requires consistent use of golf and luxury hospitality to maintain positive ROI.
✓What works
- +₹10,000 "Giftwrapped by Oberoi" luxury e-voucher upon card activation (fully offsets year-one fee).
- +8 complimentary domestic airport lounge visits per calendar quarter (32 visits annually).
- +Unlimited complimentary international airport lounge access for the primary cardholder.
- +Industry-leading 1.00% foreign exchange markup fee on overseas online and point-of-sale transactions.
- +10,000 bonus reward points (₹2,500 value) upon spending ₹1,00,000 in a calendar month.
- +Dedicated airport meet-and-greet concierge services.
- +4 complimentary golf games AND 4 complimentary golf lessons per calendar year at premier golf destinations.
- +25% discount on BookMyShow up to ₹1,000 per month.
- +25% dining discount on EazyDiner up to ₹1,000 per month.
- +1% fuel surcharge waiver on transactions between ₹500 and ₹5,000 (up to ₹500/month).
✕What doesn't
- −Premium ₹9,999 + GST annual fee with a ₹12,00,000 spend threshold for waiver.
- −High income eligibility requirement (₹1.5L+ monthly salary or ₹20L+ ITR).
- −Milestone bonus requires a strict ₹1,00,000 monthly spend threshold.
What it earns
1 Reward Point = ₹0.25 (statement cash credit) to ₹0.50 (flight bookings, luxury hotel stays, and premier lifestyle merchandise).
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| International Point-of-Sale & Online Purchases | 3.00% Return | Uncapped | ₹3,000 value |
| Domestic Retail, Dining & Everyday Spends | 2.00% Return | Uncapped | ₹2,000 value |
| Fuel Purchases | 0% | Excluded | 0 Points |
Accelerated earn
3% Return on International & 2% on Domestic Spends
Earn top-tier value across all global transactions with only 1.00% forex markup.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| International TransactionsValid across international e-commerce and POS swipes globally. | 1.5× · 3.00% | Uncapped | — |
Redemption options
Points can be redeemed at up to ₹0.50 per point against flight bookings, luxury hotel stays, or ₹0.25 for direct statement credit.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Flights & Luxury Hotel BookingsBEST VALUE | 1 RP = up to ₹0.50 | 2,000 RP | None | Nil |
| Premium Lifestyle Vouchers | 1 RP = ₹0.35 | 1,000 RP | None | Nil |
| Statement Credit (Cashback) | 1 RP = ₹0.25 | 1,000 RP | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Direct flight bookings and luxury hotel reservations.
- +32 domestic airport lounge visits annually.
- +Unlimited international airport lounge access.
- +Dedicated airport meet-and-greet services.
- +4 golf games and 4 golf lessons per year.
- +Reduced 1.00% forex markup on all overseas transactions.
- +BookMyShow movie discount (25% up to ₹1,000/mo).
- +EazyDiner dining discount (25% up to ₹1,000/mo).
- +1% fuel surcharge waiver across India on ₹500–₹5,000 transactions (max ₹500/month).
✕Excluded Spends & Fee Traps
- −Fuel transactions (points excluded).
- −ATM cash withdrawals and wallet load transactions.
- −Property rent payments and government utility dues.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹9,999 + GST |
| Annual Renewal Fee | ₹9,999 + GST (Waived on ₹12,00,000 annual spend) |
| Finance Charges | 3.5% per month (42.0% per annum) |
| Forex Markup Fee | 1.00% + GST (Super-premium discounted rate) |
| Fuel Surcharge Waiver | 1% waiver on ₹500–₹5,000 (max ₹500 / month) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age Requirement | 21 to 65 years |
| Minimum Monthly Income | ₹1,50,000+ per month (Salaried) or ₹20L+ ITR (Self-Employed) |
| Credit Score (CIBIL) | 750+ recommended |
Frequently Asked Questions
Does Bandhan Lumina Credit Card offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for Bandhan Lumina Credit Card?
What is the reward rate and point redemption value on Bandhan Lumina Credit Card?
Which transactions are excluded from earning rewards on Bandhan Lumina Credit Card?
Who is Bandhan Lumina Credit Card best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: Bandhan Lumina Credit Card
The Bandhan Lumina Credit Card is Bandhan Bank’s flagship super-premium credit card, engineered on the elite Mastercard World Elite platform for affluent individuals, frequent international travelers, and luxury lifestyle connoisseurs. Delivering a ₹10,000 Oberoi luxury voucher upon joining, 32 domestic lounge visits, unlimited international lounge access, a 1.00% forex markup, dedicated airport meet-and-greet, and complimentary golf privileges, it sets a bold benchmark in India’s super-premium tier.
Cardholders enjoy an impressive 32 complimentary domestic airport lounge visits annually (8 visits per calendar quarter) and unlimited complimentary international airport lounge visits for the primary cardholder. International transactions benefit from an industry-low 1.00% + GST foreign currency markup fee, significantly reducing foreign exchange expenses abroad. With a reward earning rate of 2.00% on domestic retail spends and 3.00% on international retail spends (1 RP = ₹0.25 on statement credit or up to ₹0.50 on flights and luxury hotels), a substantial monthly milestone bonus of 10,000 bonus points (₹2,500 value) on spending ₹1,00,000 in a calendar month, 25% off BookMyShow movie tickets (up to ₹1,000/month), 25% off EazyDiner restaurant dining (up to ₹1,000/month), and 4 complimentary golf games plus 4 golf lessons annually, the Bandhan Lumina delivers exceptional luxury utility.
Key Privileges and Practical Everyday Benefits
- Oberoi Welcome Luxury: Receive a ₹10,000 “Giftwrapped by Oberoi” luxury e-voucher upon card activation, fully covering the ₹9,999 joining fee.
- Elite Lounge Privileges: Enjoy 8 complimentary domestic airport lounge visits per calendar quarter (32 visits/year) and unlimited international airport lounge access for the primary cardholder.
- Ultra-Low 1.00% Forex Markup: Spend globally with an industry-low 1.00% forex markup fee, saving significantly on overseas vacations and business trips.
- Airport Meet-and-Greet & Concierge: Access VIP airport meet-and-greet assistance and 24x7 premium lifestyle concierge services.
- Complimentary Golf Games & Coaching: Enjoy 4 complimentary rounds of golf and 4 coaching lessons per calendar year at premier golf destinations across India.
- Entertainment & Dining Discounts: Enjoy 25% discount on BookMyShow (up to ₹1,000/month) and 25% dining discount on EazyDiner (up to ₹1,000/month).
- Monthly Milestone Bonus: Earn 10,000 bonus reward points (₹2,500 value) upon settling ₹1,00,000 in eligible retail purchases in a calendar month.
Important Terms and Spend Conditions to Keep in Mind
- Annual Fee Waiver Spend Condition: Full waiver of the ₹9,999 annual renewal fee requires settling ₹12,00,000 in eligible retail spending within the card anniversary year.
- Lounge Distribution Structure: Domestic lounge quota is structured at 8 visits per calendar quarter and cannot be rolled over or pooled into subsequent quarters.
- Reward Point Valuation & Redemption Routes: 1 Bandhan Reward Point equals ₹0.25 when redeemed as direct statement credit, or up to ₹0.50 on flight and luxury hotel reservations via the rewards portal.
- Excluded Spend Categories: Fuel transactions, ATM cash withdrawals, real estate rent payments, and wallet reloads are excluded from reward point accrual (fuel transactions between ₹500 and ₹5,000 qualify for a 1% surcharge waiver up to ₹500/month).
- Golf Privilege Terms: Cardholders must book golf games and lessons at least 4 days in advance through the dedicated concierge desk.
Who Benefits Most
- Ultra-High-Net-Worth & Global Executives: Affluent individuals seeking unlimited international airport lounge access and industry-low 1.00% forex markup on international card swipes.
- High-Spends Monthly Cardholders: Spenders who reliably spend ₹1,00,000+ monthly across retail, travel, and fine dining to trigger the ₹2,500 monthly milestone bonus (₹30,000 annual bonus value).
- Luxury Hospitality & Golf Connoisseurs: Individuals who value Oberoi luxury hotel experiences, premium dining via EazyDiner, and 8 annual golf sessions (4 games and 4 lessons).
- Bandhan Bank — Credit Card Schedule of Charges and MITC (September 2026)
- Bandhan Bank — Lumina Credit Card Product Features & Benefits Schedule
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).