Best Credit Card

All Benefits

  • 10 reward points for every ₹100 spent on dining, grocery, entertainment and international purchases capped at 1,000 reward points a month
  • 10,000 bonus points at ₹2.5 lakh of eligible spends in a membership year and a further 10,000 at ₹4 lakh, capped at 20,000 points
  • 1 complimentary BookMyShow ticket worth up to ₹100 every month on a booking of two or more tickets, through the RBL Bank Buy 1 Get 1 offer
  • 1 complimentary domestic airport lounge visit a quarter for the primary cardmember, earned by spending ₹35,000 or more in the previous calendar quarter

Fees

Joining Fee 8,000 bonus reward points, worth ₹2,000
₹2,360
₹2,000 + GST
Annual Fee Not Applicable
₹2,360
₹2,000 + GST

Eligibility

Age
21-60 years
Salary
₹25K / Month
Credit Score
720+

Bank Fee Structure

Forex Markup 3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency Examples (3.5%): ₹100 → ₹3.50 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.5%
Finance Charges (APR) Finance charges of 3.99% per month 47.88% per annum apply on unpaid outstanding balances until the amount is fully repaid
3.99%
ATM Withdrawal 2.50% of the withdrawn amount is charged on cash advances using the credit card minimum ₹500, if applicable
2.5%
Reward Redemption 99 redemption fee per redemption
₹99
Railway Surcharge A surcharge of 1% is applied to transactions made for booking railway tickets
1%
Rent Payment A surcharge fee of 1% applies on rental transactions made using the credit card
1%
Cheque Payment A fee of ₹500 is levied for cheque return, cheque dishonour, or auto-debit reversal
₹500
Cash Payment A fee of ₹100 is levied for paying credit card dues in cash at an RBL Bank branch
₹100

Late Payment Charges

Amount dueFee
₹0 - ₹500₹0
₹501 - ₹5,000₹500
₹5,001 - ₹10,000₹700
₹10,001 - ₹25,000₹950
₹25,001 - ₹50,000₹1,100
₹50,001+₹1,300

A late payment fee of 12.5% of the total outstanding amount minimum ₹5, maximum ₹1,300 is levied when the minimum amount due is not paid by the payment due date, as per the card MITC

Reward Exclusions

FuelUtility BillsInsuranceQuasi-cashRailwaysReal EstateRentEducationWalletService ProviderGovernment ServicesContracted ServiceCashEMIMiscellaneous

Terms & Conditions

  • The bank may offer a different card variant based on your eligibility; please carefully review the features and benefits of the card offered before submitting your application
  • A minimum transaction of ₹100 within 30 days of card issuance is required to activate the card, failing which you will not be eligible for rewards

Full charges and terms: Bank MITC / Terms