RBL Bank Cookies Credit Card – Benefits, Fees & Eligibility

Introduction

The RBL Bank Cookies Credit Card is an entry to mid-range offering from RBL Bank, designed to cater to daily lifestyle needs with a low monthly fee. It stands out by providing 10% cashback on popular brands like Zomato, Myntra, and Uber, unlimited 5x Reward Points on online purchases, and opportunities to earn vouchers worth up to INR 7,000 annually through milestone spends. This card aims to provide a delightful and rewarding experience for those with a digital-first lifestyle, covering savouring, shopping, travelling, and movies.

Welcome Benefits

• A welcome gift voucher of INR 1,000.
• Choose from Croma, Myntra, Amazon, Flipkart, and Shoppers Stop.
• To avail this benefit, a transaction must be made within 30 days of the card's issuance.
• Only full fee cardholders are eligible upon paying the membership fee.
• The voucher will be mailed to the cardholder within 60 days of the card’s issuance.

Fees

• Joining Fee: INR 100 + GST (Monthly)
• Renewal Fee: INR 100 + GST (Monthly)
• Spend-Based Waiver: The subsequent month’s membership fee of INR 100 + GST is waived if you spend INR 5,000 or more in a calendar month on eligible categories.
• Rewards Redemption Fee: INR 99 + GST per redemption request, effective from August 15, 2022. A one-time fee is charged for redemptions made in a single day.
• Foreign Currency Markup: Up to 3.5% on all foreign currency spends.
• Interest Rates: Up to 3.99% per month.
• Fuel Surcharge: 1% fuel surcharge waiver for all fuel transactions between INR 500 and INR 4,000. The maximum waiver is capped at INR 150 per month and will reflect in your monthly statement.
• Cash Advance Charges: 2.5% of the amount withdrawn or INR 500, whichever is higher.

Rewards

• Earn 1 Reward Point for every INR 100 spent on eligible offline categories.
• Earn 5X Reward Points on online spends.
• 10% Cashback on Popular Brands: Enjoy 10% cashback on Zomato, Myntra, and Uber.
  • Maximum cashback is capped at INR 900 per calendar month, with a limit of INR 300 per brand.
  • Cashback is applicable only on transactions above INR 100.
  • Eligible cashback will be reflected in your monthly statement.
• Milestone Program:
  • Unlock vouchers worth INR 1,000 on spending INR 2 lacs or more in a membership year.
  • Unlock vouchers worth INR 5,000 on spending INR 5 lacs or more in a membership year.
  • Vouchers are from popular brands like Amazon, Flipkart, Myntra, Croma, and Shoppers Stop.
  • Vouchers will be delivered within 45 days from meeting the eligible spends criteria.
• BookMyShow Movie Benefit: 10% instant discount up to INR 300 per month on BookMyShow. This benefit is applicable once a month on the BookMyShow app/website.
• Reward Point Exclusions (Effective October 15, 2024): Transactions made on select Merchant Category Codes (MCCs) will not be considered eligible for benefits. These include:
  • Fuel & Auto (0032, 2541, 4001, 5542, 5541, 5172)
  • Utilities (4900)
  • Insurance (6300, 6310)
  • Quasi-Cash (6050, 6051, 4829)
  • Railways (0066, 4011, 4112)
  • Real Estate/Rental (6513)
  • Education (8220, 8244, 8249, 8211, 8241, 8299)
  • Wallet/Service Providers (6540)
  • Government Services (9400, 1490, 2490, 2995, 7800, 9406, 9222, 9405, 9399, 9211, 9402, 9401, 9311, 9223)
  • Contracted Services (1711, 1740, 0763, 1520, 0742, 1761, 1799, 1750, 1731, 1771, 0780)
  • Miscellaneous (5960)
  • Cash (6011, 6010)
  • EMI (Split-N-Pay & EMI done during making transaction)
  • Bills2Pay

Rewards Redemption Guide

• Reward Points can be redeemed at the RBL Rewards website (rewards.rbl.bank.in).
• Reward Points can be redeemed against travel, hotel bookings, and various products available at the Rewards website.
• 1 Reward Point = INR 0.25.
• A Reward redemption fee of INR 99 + GST is charged per redemption request.

Card Review

The RBL Bank Cookies Credit Card is considered an excellent choice due to its affordable monthly membership fee and several exclusive benefits. It is well-suited for individuals seeking an affordable card with maximum saving opportunities, especially those with a digital-first lifestyle.

Pros

• The joining fee is relatively low at INR 100 per month, which can be easily waived by spending INR 5,000 in the previous month.
• You get 10% cashback on movie ticket bookings through BookMyShow (up to INR 300 per month).
• 10% cashback on Zomato, Uber, and Myntra (up to INR 300 per brand, max INR 900 per month).
• Unlimited 5X Reward Points on online purchases.
• Opportunities to earn significant gift vouchers through milestone spends.

Cons

• There is a reward redemption fee of INR 99 + GST, which can lessen the overall savings when redeeming points.
• No reward points are earned for transactions made on categories such as fuel, utility, wallet reloads, insurance, railways, and rental payments.

Important Product Details

• A welcome gift voucher worth INR 1,000 from popular brands.
• Up to 5 Reward Points on every INR 100 spent online.
• A discount of 10% on BookMyShow (up to INR 300 per month).
• 10% cashback on Zomato, Uber, and Myntra (up to INR 300 per brand, max INR 900 per month).
• Gift vouchers worth up to INR 5,000 on achieving milestone spends (INR 2 lacs and INR 5 lacs annually).
• Spend-based waiver of the monthly membership fee on spending INR 5,000 or more in a calendar month.
• 1% fuel surcharge waiver up to INR 150 per month for transactions between INR 500 and INR 4,000.

Other Details

• Bills2Pay allows cardmembers to pay various utility bills via the RBL MyBank App/Internet banking channel.
• Application Process:
  • Online: Click on the "Apply Now" button, fill in details, and submit the application for consideration. The card will be delivered upon approval.
  • Offline: Visit your nearest RBL Bank branch.
• Comprehensive Product Terms & Conditions, Most Important Terms and Conditions, and Cardmember Agreement documents are available for reference.