RBL Bank Icon Credit Card – Benefits, Fees & Eligibility

RBL Bank Icon Credit Card

Introduction

The RBL Bank Icon Credit Card is meticulously designed to cater to luxurious needs, offering a suite of premium perks and benefits across travel, golf, movies, and dining. It serves as an introduction to a world of comfort and exclusive privileges. The card comes with a joining fee of ₹5,000 and provides a welcome bonus of 20,000 Reward Points, equivalent to ₹5,000. Cardholders can earn up to 20 Reward Points on every ₹100 spent and redeem these points against a variety of options. Key highlights include welcome and milestone reward points, a 24x7 dedicated concierge desk, and a "Buy 1 Get 1" movie ticket offer at BookMyShow every month. Additionally, it offers complimentary domestic lounge access, a Priority Pass membership for international lounges, annual bonus Reward Points based on spending, complimentary golf sessions, and a fuel surcharge waiver.

Welcome Benefits

• You receive 20,000 bonus Reward Points as a welcome benefit.
• These bonus points are credited after the joining fee is paid and if the card is swiped at least once within the first 30 days of card issuance.
• The 20,000 bonus Reward Points are equivalent to ₹5,000.

Fees

• Joining Fee: ₹5,000 + GST
• Renewal Fee: ₹5,000 + GST
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5% on all international transactions
• Interest Rates: 3.5% per month (42% per annum)
• Fuel Surcharge: A waiver of ₹200 per month on valid fuel transactions between ₹500 and ₹4,000.
• Cash Advance Charges: 2.5% (minimum ₹500)

Rewards

Rewards Rate

• Earn 20 Reward Points for every ₹100 spent on international transactions.
• Earn 20 Reward Points for every ₹100 spent on dining on weekends.
• Earn 2 Reward Points for every ₹100 spent on all other retail transactions.
• The maximum reward points for international transactions and dining categories are capped at 2,000 RPs per month for each category.
• No reward points are accrued on fuel transactions.

Milestone Benefits

• You can earn a maximum of 45,000 bonus Reward Points annually.
• Earn 10,000 Reward Points for spending ₹3 lakhs in a year.
• Earn an additional 15,000 Reward Points on a yearly spend of ₹5 lakhs.
• Earn an additional 20,000 Reward Points on spending ₹8 lakhs in a year.

Movie & Dining

• Get a "Buy 1 Get 1" offer or up to ₹200 off on movie tickets twice a month at BookMyShow.
• Enjoy complimentary access to fine dining privileges at premium restaurants, including a complimentary glass of premium wine or dessert.
• Earn 20 Reward Points for every ₹100 spent on weekend dining.

Travel

• Receive 2 complimentary access visits to domestic airport lounges in India per quarter. These visits are contingent on spending ₹35,000 or more in the previous quarter.
• Get a complimentary Priority Pass membership, allowing access to over 1,400 premium lounges worldwide at a nominal usage fee of USD 35 per visit.

Golf

• Enjoy 4 complimentary golf games every year.
• Receive 12 complimentary golf lessons every year (1 per month).
• After exhausting the complimentary sessions, avail a discounted fee of 50% on golf games.

Other Rewards

• Avail iconic Reward Points as welcome and milestone gifts.
• Get a monthly waiver of ₹200 on fuel transactions between ₹500 and ₹4,000.
• Access to global iconic events like F1 races, sports events, and special awards nights.

Rewards Redemption Guide

• Reward Points can be redeemed against hotels and flight bookings.
• You can utilize your Reward Points for purchasing vouchers, gifts, recharges, shopping, and lifestyle products through RBL Rewards.
• Each Reward Point (RP) is equivalent to ₹0.25 (1 RP = ₹0.25).
• A Rewards Redemption Fee of ₹99 + GST applies.

Card Review

The RBL Bank Icon Credit Card stands out as an iconic and highly rewarding card, perfectly suited for individuals who appreciate a luxurious and comfortable lifestyle. It is packed with features designed to cater to diverse premium needs. Cardholders are welcomed with 20,000 bonus Reward Points upon their first swipe within 30 days of receiving the card and can earn up to 45,000 additional Reward Points annually through milestone benefits. The card offers extensive golf benefits, including complimentary games and lessons across India, enabling cardholders to enhance their skills. It provides world-class perks and exclusive privileges, such as VIP access to F1 races, sports events, and special awards nights. Accumulated Reward Points are highly flexible, redeemable for flights, hotel bookings, high-end gadgets, vouchers, and gifts. Additionally, the card offers a monthly fuel surcharge waiver for transactions between ₹500 and ₹4,000. This card truly facilitates a premium lifestyle, making it an excellent choice for those aspiring to one. It is best suited for travel and shopping enthusiasts.

Important Product Details

• Welcome Benefit: 20,000 bonus Reward Points on card swipe within 30 days of issuance.
• Milestone Benefits: Earn up to 45,000 bonus Reward Points annually based on spending (10,000 RPs on ₹3 lakhs, 15,000 additional RPs on ₹5 lakhs, 20,000 additional RPs on ₹8 lakhs).
• Accelerated Rewards: Earn 20 Reward Points per ₹100 on weekend dining and international spends, capped at 2,000 RPs per month per category.
• Standard Rewards: Earn 2 Reward Points per ₹100 on all other retail transactions.
• Movie Offer: "Buy 1 Get 1" or up to ₹200 off on movie tickets twice a month via BookMyShow.
• Domestic Lounge Access: 2 complimentary visits per quarter, subject to ₹35,000 spend in the previous quarter.
• International Lounge Access: Complimentary Priority Pass membership with a usage fee of USD 35 per visit.
• Golf Privileges: 4 complimentary golf games and 12 complimentary golf lessons per year, plus 50% discount on subsequent sessions.
• Fuel Surcharge Waiver: 1% waiver, capped at ₹200 per month, on transactions between ₹500 and ₹4,000.
• Concierge Service: Access to a 24x7 dedicated concierge desk.
• Foreign Currency Markup: 3.5% on international transactions.
• Joining Fee: ₹5,000 + GST.
• Renewal Fee: ₹5,000 + GST.
• Rewards Redemption Fee: ₹99 + GST.
• High Interest Rate: 3.5% per month (42% per annum).

Other Details

• Enjoy a 24x7 dedicated concierge desk.
• Benefit from Zero Liability Protection.
• Access exclusive privileges such as VIP entry to F1 races, sports events, and special awards nights.
• Receive complimentary fine dining privileges at premium restaurants, including a complimentary glass of premium wine or dessert.