RBL Bank Icon Credit Card – Benefits, Fees & Eligibility

Introduction

The RBL Bank Icon Credit Card is a premium offering from RBL Bank, designed to elevate your lifestyle with exclusive benefits across travel, golf, dining, and entertainment. It positions itself as a gateway to luxury and convenience, providing significant value back on weekend dining and international purchases, alongside substantial milestone rewards and comprehensive golf and concierge services.

Welcome Benefits

• Get 20,000 bonus reward points as a welcome benefit.
• To avail the welcome benefit, swipe and use your card within 30 days of card issuance and pay the annual membership fee by the payment due date.
• Welcome benefit will be credited to the Cardmember’s Account within 60 days from the date of card issuance.

Fees

• Joining Fee: INR 5,000 + GST
• Annual Membership Fee: INR 5,000 + GST
• Spend-Based Waiver: Not applicable.
• Rewards Redemption Fee: INR 99 + GST is applicable on the redemption of your available reward points. This fee will be levied one time for redemptions made in a single day.
• Foreign Currency Markup: 3.5% on all international transactions.
• Interest Rates: 3.99% per month (47.88% per annum).
• Fuel Surcharge Waiver: 1% fuel surcharge waiver across all fuel stations. Valid for fuel transactions between INR 500 and INR 4,000. Maximum waiver of INR 200 per month.
• Cash Advance Charges: 2.5% (minimum INR 500).

Rewards

• General Purchases: Earn 2 reward points for every INR 100 spent on retail purchases.
• Accelerated Rewards:
  • Earn 20 reward points for every INR 100 spent on International purchases.
  • Earn 20 reward points for every INR 100 spent on weekend dining.
  • Maximum 2,000 reward points per month each for International purchases and weekend dining spends.
• Milestone Benefits:
  • Earn 10,000 reward points on spends of INR 3 lakhs in a year.
  • Get an additional 15,000 reward points on spends of INR 5 lakhs in a year.
  • Get an additional 20,000 reward points on spends of INR 8 lakhs in a year.
  • A maximum of 45,000 bonus reward points can be earned annually through milestone benefits.
  • Milestone benefit reward points will be credited to your account within 45 days from the date of crossing the corresponding milestone benefit.
• Movie Benefits:
  • Avail 1+1 movie ticket on BookMyShow, up to INR 200, twice a month.
  • Select RBL Bank Buy 1 Get 1 Offer under the Offers/Discounts section at the BookMyShow website or mobile app.
• Dining Benefits:
  • Earn 20 reward points for every INR 100 spent on weekend dining.
  • Get complimentary access to fine dining privileges at premium restaurants, including a complimentary glass of premium wine or dessert.
• Travel Benefits:
  • Domestic Lounge Access: Primary cardmembers are eligible for 2 complimentary airport lounge accesses within India in a quarter if they spend INR 35,000 or more in the previous calendar quarter. Purchases made on select categories will not be eligible for lounge benefits.
  • International Lounge Access: Get a complimentary Priority Pass membership to access over 1,400+ international airport lounges. Each visit will be chargeable, up to $35 per person. Use your primary Icon Credit Card to access airport lounges outside India.
• Golf Benefits:
  • Get access to select golf courses across the country.
  • Enjoy 4 complimentary golf games every year.
  • Enjoy 12 complimentary golf lessons every year (1 per month).
  • Score more hole-in-one and sharpen your skills with free golf lessons.
  • After the complimentary sessions, you get a discounted fee of 50% on golf.
  • Golf Concierge complimentary only for MasterCard holders.
• Entertainment & Lifestyle Benefits:
  • Enjoy unique perks curated for a luxury lifestyle.
  • Avail access to global iconic events like Formula 1 races, special awards nights, and other exclusive sports events.
• Fuel Surcharge Waiver: Enjoy 1% fuel surcharge waiver across all fuel stations for transactions between INR 500 and INR 4,000, with a maximum waiver of INR 200 per month.

Rewards Redemption Guide

• Redeem your reward points for air travel, hotel stays, shopping vouchers, gifts, recharges, and lifestyle products.
• You can redeem your reward points through RBL Rewards.
• 1 Reward Point is equivalent to INR 0.25.
• A reward redemption fee of INR 99 + GST is applicable per day for redemptions.

Card Review

The RBL Bank Icon Credit Card is a highly rewarding card best suited for individuals who appreciate a luxurious and comfortable lifestyle, particularly those with significant spending on international transactions, weekend dining, and a keen interest in golf and travel. It offers substantial welcome and milestone benefits, with the potential to earn up to 45,000 bonus reward points annually. The card provides excellent perks such as complimentary golf games and lessons, domestic and international lounge access, and movie ticket discounts. While it comes with a high annual fee and foreign currency markup, its comprehensive suite of lifestyle benefits and accelerated reward rates make it a strong contender for premium cardholders seeking exclusive privileges.

Important Product Details

• Welcome Bonus: 20,000 reward points on meeting initial spend and fee payment conditions.
• High Reward Rate: Up to 20 reward points per INR 100 on international purchases and weekend dining.
• Milestone Rewards: Earn up to 45,000 bonus reward points annually based on spending tiers (INR 3 lakhs, INR 5 lakhs, INR 8 lakhs).
• Movie Benefits: 1+1 movie ticket offer on BookMyShow twice a month (up to INR 200).
• Lounge Access: 2 complimentary domestic airport lounge accesses per quarter (on INR 35,000 quarterly spend) and complimentary Priority Pass membership for international lounges (chargeable per visit).
• Golf Privileges: 4 complimentary golf games and 12 complimentary golf lessons annually.
• Fuel Surcharge Waiver: 1% waiver up to INR 200 per month.
• Concierge Services: Access to a wide range of concierge services for bookings and assistance.
• High Annual Fee: INR 5,000 + GST.
• Foreign Currency Markup: 3.5% on international transactions.
• High Interest Rate: 3.99% per month (47.88% per annum).
• Reward Redemption Fee: INR 99 + GST per redemption day.
• No reward points are accrued on fuel transactions.

Other Details

• Concierge Services: Available for Golf Course Referral and Reservation, Car Rental and Limousine Referral and Reservation, Hotel Referral and Reservation, Business Services, Special Events and Performance Assistance, Spa, Fitness Centre, and Sports Centre Information and Referral Assistance, Dining Referral and Reservation, and Flower and Gift Delivery Assistance.
• Customer Service: For any kind of booking or assistance, contact the Concierge Desk by calling 022 6232 7777.
• Zero Liability Protection: Provides protection against unauthorized transactions.
• Terms and Conditions apply to all benefits and offers.