IRCTC RBL Bank Credit Card – Benefits, Fees & Eligibility

IRCTC RBL Bank Credit Card

Introduction

The IRCTC RBL Bank Credit Card is a co-branded offering by IRCTC and RBL Bank, designed as one of India's most rewarding travel and transit credit cards. With a low joining cost of ₹500, this card provides exceptional value, promising up to 40X the annual fees in benefits. It is particularly well-suited for individuals who frequently book through the IRCTC portal and utilize railways, metros, and other public transport. As a RuPay card, it supports convenient UPI payments and is equipped with the National Common Mobility Card (NCMC) feature, enabling easy tap-and-pay transactions at metro stations and bus terminals, simplifying daily commuting. Cardholders earn 5 Reward Points for every ₹200 spent on train bookings with IRCTC, with each Reward Point valued at ₹1 when redeemed on the IRCTC website or app, offering an effective reward rate of 2.5% on train tickets. Additionally, it provides free access to railway lounges, enhancing travel comfort.

Welcome Benefits

• Earn 500 Reward Points upon spending a minimum of ₹500 within the first 30 days of card issuance.
• These bonus reward points will be credited within 60 days of meeting the spend criteria.
• The welcome reward points can be redeemed through the IRCTC website or mobile application.

Fees

• Joining Fee: ₹500 + GST
• Renewal Fee: ₹500 + GST
• Spend-Based Waiver: Not applicable
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5%
• Interest Rates: 2.5% to 3.99% per month
• Fuel Surcharge: 1% surcharge waiver
• Cash Advance Charges: 2.5% of the cash amount or a minimum of ₹500

Rewards

Reward Point Earning Structure

• Train Ticket Bookings: 5 Reward Points for every ₹200 spent on train ticket bookings of all classes from the IRCTC Website or Mobile App. This provides a reward rate of 2.5% when redeemed on IRCTC.
• FASTag Recharge, NCMC Reload, UTS App: 3 Reward Points for every ₹200 spent on FASTag Recharge from RBL Bank Digital Channels, NCMC Reload, or UTS App.
• Flights, Hotels, Cruise Bookings: 2 Reward Points for every ₹200 spent on flights, hotels, or cruise ticket bookings from the IRCTC Website or Mobile App.
• Other Purchases: 1 Reward Point for every ₹200 spent on all other eligible purchases, excluding categories like rent, wallet, insurance, and fuel.

Travel Benefits

• Railway Lounge Access: 2 complimentary railway lounge visits each quarter, totaling 8 complimentary railway lounge accesses each year, for primary cardholders.
• IRCTC Transaction Charge Waiver: 1% waiver on transaction charges for train ticket bookings through IRCTC for up to ₹500 transactions, with a maximum waiver of ₹200 per month.
• Insurance Benefits: Insurance cover for train cancellation up to ₹5,000.

Other Benefits

• Movie & Dining: No specific benefits mentioned.
• Domestic Lounge Access: Not applicable.
• International Lounge Access: Not applicable.
• Golf: No specific benefits mentioned.

Rewards Redemption Guide

• Reward Points earned with the IRCTC RBL Bank Credit Card can be redeemed at the IRCTC Website or Mobile App.
• Each Reward Point is equivalent to ₹1 when redeemed for bookings on the IRCTC platform.
• Welcome Benefit Reward Points should also be redeemed through the IRCTC website or mobile application.
• A Rewards Redemption Fee of ₹99 + GST applies.

Card Review

The IRCTC RBL Bank Credit Card is specifically tailored for individuals who are frequent travelers, particularly those who regularly book train tickets through the IRCTC official portal. Its primary strength lies in its reward rate of 2.5% on train bookings, making it highly beneficial for railway commuters. The integration of the National Common Mobility Card (NCMC) further enhances its utility, offering the convenience of tap-and-pay for metro and bus travel. Available at an affordable joining and annual fee of ₹500 + GST, the card also provides valuable perks like complimentary railway lounge access and a train cancellation cover.

Pros:

• Highly rewarding for individuals who frequently book train tickets with IRCTC, offering a 2.5% reward rate on IRCTC train bookings.
• Comes with National Common Mobility Card (NCMC) functionality for convenient tap-and-pay at various public transport terminals.
• Includes complimentary railway lounge access (8 visits per year).
• Offers a 1% waiver on IRCTC transaction charges and train cancellation insurance.
• RuPay variant enables easy UPI payments.

Cons:

• The card is primarily a travel-focused card and offers no benefits in other common spending categories like movies or dining, limiting its overall utility for non-travel expenses.

Important Product Details

• Co-branded credit card offered by RBL Bank and IRCTC.
• Offers 5 Reward Points for every ₹200 spent on train ticket bookings with IRCTC.
• Each Reward Point is valued at ₹1 when redeemed on the IRCTC website or app.
• Provides 8 complimentary railway lounge accesses annually (maximum 2 per quarter).
• Includes train cancellation cover up to ₹5,000.
• A RuPay card, allowing for quick and easy payments via UPI applications.
• Features National Common Mobility Card (NCMC) functionality for contactless travel payments at metro stations, bus terminals, and other locations.
• The NCMC feature includes an inbuilt offline wallet with a current maximum limit of ₹2,000.
• Low joining and renewal fee of ₹500 + GST.
• Claims to offer 40X value of the annual fees in benefits.
• 1% waiver on transaction charges for IRCTC train bookings (up to ₹200 per month).
• Offers 3 Reward Points/₹200 on FASTag Recharge/NCMC Reload/UTS App, and 2 Reward Points/₹200 on IRCTC flight, hotel, or cruise bookings.

Other Details

• Credit Card Limit: Your credit card limit will be determined based on RBL Bank's internal criteria. You will be notified of your credit card limit through the welcome letter and monthly credit card statements.
• Add-on Cardholder Benefits: Complimentary railway lounge access is only available for primary credit cardholders, not add-on cardholders.
• NCMC Offline Wallet: The balance in the offline wallet of the National Common Mobility Card is separate from the available credit limit on the IRCTC RBL Bank Credit Card.
• NCMC Accessibility: Cardholders can enjoy the benefits of the NCMC Credit Card at Delhi Metro (DMRC), Bangalore Metro (BMRCL), Mumbai Metro (MMRDA), and many other locations.