RBL Bank Apex Credit Card – Benefits, Fees & Eligibility

Introduction

The Apex Credit Card, issued by RBL Bank, is positioned as a mid-range offering designed to provide significant value through its cashback program. Key differentiating benefits include up to 2% cashback on select categories, milestone benefits offering up to INR 3,000 cashback annually, and complimentary airport lounge access, making cashback simple, seamless, and transparent.

Welcome Benefits

• Welcome Vouchers worth over INR 1,700 are provided.
• To avail the welcome benefits, make your first transaction within 30 days of card issuance.
• To avail the welcome benefits, pay your membership fee within the first billing cycle.
• A voucher redemption link will be sent to your registered email within 30 days of meeting the eligibility criteria.

Fees

• An annual membership fee of INR 1,000 is applicable.
• A redemption fee of INR 99 + GST will be applicable on redemption of cashback.
• Refer to the Schedule of Charges for comprehensive details on all applicable fees and charges.

Rewards

Cashback

• Enjoy unlimited 2% cashback on purchases across categories like Flights, Hotels, Shop & Vouchers on the RBL Bank Rewards Portal.
• Receive 1% cashback on other purchases, capped at INR 500 per billing month.
• Excluded Categories for Cashback, Milestone Benefits & Lounge Benefits: Fuel, Utilities, Insurance, Quasi-Cash, Railways, Real Estate/Rental, Education, Wallet/Service Providers, Government Services, Contracted Services, Cash, Miscellaneous, Bills2Pay, and EMI conversion of retail transactions (including converting retail transactions to EMI, Split-N-Pay, EMI conversion requests placed at the time of making transactions at POS/Web/Mobile App).

Milestone Benefits

• Earn INR 1,000 cashback if you make eligible purchases of INR 2 lacs in a membership year.
• Earn an additional INR 2,000 cashback if you make eligible purchases of INR 4 lacs in a membership year.

Domestic Lounge Access

• Get 1 complimentary lounge visit in India per calendar quarter at major airports.
• Eligibility for lounge access requires eligible purchases of INR 35,000 or more in the preceding calendar quarter.

Movies

• Enjoy a "Buy 1 Movie Ticket & Get 1 Free" offer on the purchase of 2 or more movie tickets on BookMyShow every month.
• The free ticket benefit is capped at INR 100.

Rewards Redemption Guide

• A voucher redemption link for welcome benefits will be sent to your registered email within 30 days of meeting the eligibility criteria.
• Cashback can be redeemed, subject to a redemption fee of INR 99 + GST.
• Points can be redeemed via the RBL Bank Rewards Portal.

Important Product Details

• Positive Highlights:
  • Up to 2% unlimited cashback on specific categories (Flights, Hotels, Shop & Vouchers on RBL Bank Rewards Portal).
  • 1% cashback on other purchases.
  • Welcome Vouchers worth over INR 1,700.
  • Milestone benefits offering up to INR 3,000 cashback annually.
  • Complimentary domestic airport lounge access.
  • "Buy 1 Get 1 Free" movie ticket offer on BookMyShow monthly.
• Negative Highlights:
  • Annual membership fee of INR 1,000.
  • Cashback redemption fee of INR 99 + GST.
  • 1% cashback is capped at INR 500 per billing month.
  • Lounge access is conditional on spending INR 35,000 or more in the preceding quarter.
  • Several categories are explicitly excluded from cashback, milestone, and lounge benefits, including Fuel, Utilities, Insurance, and EMI conversions.

Other Details

• Detailed Product Terms & Conditions, Most Important Terms and Conditions, and Cardmember Agreement are available for reference.
• Information regarding Card Settings, setting your Card PIN, and various ways of making payments is accessible.
• A comprehensive Schedule of Charges document is available for review.