RBL Bank Platinum Choice Credit Card – Benefits, Fees & Eligibility

Introduction

The RBL Bank Platinum Choice SuperCard, issued by RBL Bank, is a mid-range credit card designed to offer comprehensive rewards across various spending categories. Its key differentiating benefits include a second-year annual fee waiver based on spending, attractive offers on movies, and accelerated reward points for online purchases, making it suitable for everyday spending and entertainment.

Welcome Benefits

• Receive 2,000 reward points upon paying the joining fee and spending Rs.2,000 within the first 30 days of card issuance.

Fees

• Joining Fee: Rs.499 plus GST.
• Annual Fee: Rs.499 plus GST.
• Spend-Based Waiver:
  • The annual fee for the second year is waived if you spend Rs.30,000 or more in the first year.
  • The second year fee reversal is also available on spends of INR 50,000 in a year.
• Cash Advance Charges:
  • A processing fee of 2.5% is charged for cash withdrawals at any ATM in India.
  • No interest is levied on ATM cash withdrawals up to the bill date (maximum of 50 days).
• Emergency Cash Advance:
  • The available cash limit can be converted into a 3-month personal loan at an interest rate of 1.16% per month.
  • No processing fee is levied for emergency cash advances.
• Fuel Surcharge: A fuel surcharge waiver of up to Rs.100 is provided per month.

Rewards

• General Spends: Earn 1 reward point for every Rs.100 spent on purchases.
• Online Purchases: Earn accelerated 2 reward points for every Rs.100 spent on online purchases.
• Entertainment: Get up to a 10% discount on purchases made on BookMyShow, with a maximum discount of Rs.100 per month.
• Spend-Based Bonus: Receive 5,000 reward points on spending Rs.75,000 in a year.
• Fuel Benefits: Enjoy a fuel surcharge waiver of up to Rs.100 per month.

Rewards Redemption Guide

• Information on how to redeem RBL Bank Credit Card Reward Points can be found on the bank's official website.

Card Eligibility Criteria

Documents Required

• Income Proof:
  • Income Tax Returns
  • Salary Slip
  • Form 16
• Address Proof:
  • Aadhaar Card
  • Voter ID
  • Passport
  • Ration Card
• Identity Proof:
  • Aadhaar Card
  • Driving License
  • Passport
• Any other document requested by the bank must also be submitted.
• Eligibility to apply for the card can be checked on the RBL Bank's official website.

Important Product Details

• Global Acceptance: The card can be used anywhere in the world.
• Security Features:
  • Equipped with a PIN-based EMV chip for enhanced security.
  • Supports OTP-based transactions for secure online payments.
  • Offers Zero Fraud Liability in case the card is stolen or lost, provided the bank's customer care is immediately informed.
• Value-Added Features:
  • Dial for Cash: Provides instant pre-approved loans with flexible tenure options.
  • Split n Pay: Allows conversion of purchases of Rs.3,000 and above into Easy Monthly Instalments (EMIs) at affordable interest rates and a minimal processing fee.
  • Xpress Cash: Facilitates availing a loan within your credit limit, repayable in EMIs.
  • Transfer n Pay: Enables transferring outstanding balances from other bank credit cards to the Platinum Choice SuperCard at an affordable interest rate and repayment in EMIs.
  • Tap and Pay: Supports quick and contactless payments of up to Rs.5,000 at retail stores.

Other Details

• All benefits and features are subject to Terms & Conditions.
• You can set the purchase limit on the card using the RBL MyCard Mobile App.
• RBL MyCard Mobile App Registration Process:
  • Open the app and enter the 16-digit card number, your date of birth, and the expiry date mentioned on the card.
  • Enter the OTP sent to your registered mobile number.
  • Create an M-PIN to complete the registration process.
• In case of a lost or stolen card, immediately contact RBL Bank credit card customer care to block it.