RBL BankRBL Bank Platinum Advantage Credit Card – Benefits, Fees & Eligibility
Is the RBL Bank Platinum Advantage Credit Card Right for You?
The RBL Bank Platinum Advantage Credit Card is best suited for users who prioritize Movies, Fuel, Shopping. With a joining fee of ₹499 + GST and a renewal fee of ₹499 + GST, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Reward Points as its primary reward mechanism, with a rewards rate of Earn 1 reward point for every Rs.100 spent..
Key Card Details
₹499 + GST
₹499 + GST
Reward Points
Notable Perks
Movie Benefits
20% discount on BookMyShow movie tickets, up to Rs.100/transaction, 15 times annually.
Things to Consider
A processing fee of 2.5% is applicable on all ATM cash withdrawals.
The BookMyShow discount is capped at Rs.100 per transaction and limited to 15 times a year.
The monthly fuel surcharge waiver is capped at Rs.100, limiting potential savings.
Benefits & Features
Welcome Offer
2,000 reward points upon paying joining fee and spending Rs.2,000 within 30 days.
Rewards Rate
Earn 1 reward point for every Rs.100 spent.
Reward Type
Reward Points
Movie Benefits
20% discount on BookMyShow movie tickets, up to Rs.100/transaction, 15 times annually.
Fees & Charges
Joining Fee
₹499 + GST
Renewal Fee
₹499 + GST
Fuel Surcharge Waiver
A waiver of up to Rs.100 per month is provided.
Cash Advance Charges
2.5% processing fee for unlimited, interest-free ATM cash withdrawals for up to 50 days.
Pros & Cons
Pros
Key benefits and features of this card.
Generous welcome benefit of 2,000 reward points upon meeting spend criteria.
Enjoy significant savings on movie tickets with a 20% discount on BookMyShow.
Benefit from a monthly fuel surcharge waiver, helping to reduce your fuel expenses.
Access unlimited and interest-free cash withdrawals from ATMs for up to 50 days.
Easy card management and bill payment through the RBL MyCard mobile application.
Cons
Key drawbacks and limitations of this card.
A processing fee of 2.5% is applicable on all ATM cash withdrawals.
The BookMyShow discount is capped at Rs.100 per transaction and limited to 15 times a year.
The monthly fuel surcharge waiver is capped at Rs.100, limiting potential savings.
Product Details
Offers unlimited and interest-free cash withdrawals from ATMs for up to 50 days.
Enjoy worldwide acceptance for convenient international spending.
Manage your card easily via the RBL MyCard mobile app and website.
Can be used to withdraw cash from any ATM displaying a Mastercard/Maestro/Cirrus logo.
Designed to offer significant savings and rewards on everyday spending.
Benefits & Features
Welcome Offer
2,000 reward points upon paying joining fee and spending Rs.2,000 within 30 days.
Rewards Rate
Earn 1 reward point for every Rs.100 spent.
Reward Type
Reward Points
Movie Benefits
20% discount on BookMyShow movie tickets, up to Rs.100/transaction, 15 times annually.
What matters, explained clearly
Introduction
The RBL Bank Platinum Advantage SuperCard, issued by RBL Bank, is an entry-to-mid-range credit card designed to offer significant savings and rewards on everyday spending. Key differentiating benefits include a welcome bonus of 2,000 Reward points, a monthly fuel surcharge waiver of up to INR 100, and a 20% discount on BookMyShow movie tickets.
Welcome Benefits
- Receive 2,000 reward points upon payment of the joining fee and spending Rs.2,000 within 30 days of the card being issued.
- The estimated value of the welcome gift of 2,000 reward points is Rs.300.
Fees
- Joining Fee: Rs.499 plus GST
- Annual Fee: Rs.499 plus GST
- Fuel Surcharge: A waiver of up to Rs.100 per month is provided.
- Cash Advance Charges: A processing fee of 2.5% is applicable for unlimited and interest-free withdrawals from all ATMs in India (maximum period is 50 days).
Rewards
- General Spends: Earn 1 reward point for every Rs.100 spent.
- Movies: Get a 20% discount on BookMyShow movie tickets, applicable 15 times within a year, with a maximum discount of Rs.100 per transaction. The estimated annual value of this benefit is Rs.1,500.
- Fuel: Enjoy a fuel surcharge waiver of up to Rs.100 every month. The estimated annual fuel benefit is Rs.1,200.
- Welcome Rewards: Receive 2,000 reward points as a welcome benefit.
- Estimated Annual Value of Rewards:
- Welcome Gift of 2,000 reward points: Rs.300
- 20% Discount on BookMyShow (15 times a year up to Rs.100 every time): Rs.1,500
- Estimated annual value of 1 reward point for every Rs.100 spent: Rs.450
- Fuel surcharge waiver of up to Rs.100 per month: Rs.1,200
- Total estimated annual benefits: Rs.3,450+
Card Eligibility Criteria
Documents Required
- Proof of Address:
- Ration Card
- Passport
- Voter ID
- Aadhaar card
- Identity Proof:
- Driving Licence
- Passport
- Aadhaar card
- Income Proof:
- Form 16
- IT Returns
- Salary Slip
- This list of documents is indicative, and the bank may request other documents as required.
Card Review
The RBL Bank Platinum Advantage SuperCard is a rewarding option for individuals who seek to maximize savings on their regular expenditures. It offers attractive benefits across popular categories like movies and fuel, coupled with a reasonable fee structure. The card's welcome bonus and consistent reward points on all spends make it a valuable tool for everyday transactions. Its worldwide acceptance and easy management through the RBL MyCard mobile application add to its convenience. This card is ideal for those looking for an affordable credit card that provides tangible benefits and rewards for their spending habits.
Important Product Details
- Positive Highlights:
- Generous welcome benefit of 2,000 reward points.
- Significant savings on movie tickets with a 20% discount on BookMyShow.
- Monthly fuel surcharge waiver helps reduce fuel expenses.
- Earns 1 reward point for every Rs.100 spent on all transactions.
- Offers unlimited and interest-free cash withdrawals from ATMs for up to 50 days.
- Worldwide acceptance for convenient international spending.
- Easy card management and bill payment through the RBL MyCard mobile application and the bank's official website.
- Affordable joining and annual fees of Rs.499 plus GST each.
- Negative Highlights:
- A processing fee of 2.5% is applicable on ATM cash withdrawals.
- The BookMyShow discount is capped at Rs.100 per transaction and limited to 15 times a year.
- The fuel surcharge waiver is capped at Rs.100 per month.
Other Details
- The card has worldwide acceptance, allowing spending in any currency with the convenience of paying back in Indian rupees.
- It can be used to withdraw cash from any ATM displaying a Mastercard/Maestro/Cirrus logo, both in India and abroad.
- The credit limit for the card is determined by the bank based on factors such as the applicant's credit score, credit utilization ratio, and past repayment habits.
- All benefits and features are subject to terms and conditions.
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