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

Introduction

The Platinum Maxima Credit Card, issued by RBL Bank, is positioned as a mid-range credit card designed to offer smart value for everyday spends, particularly focusing on lifestyle needs. It provides significant benefits on categories like food, travel, movies, and groceries. Key differentiating benefits include an attractive 2.7% value back on Grocery & Dining spends, a "Buy 1 Get 1" movie ticket offer, and accelerated rewards on various lifestyle categories. The card comes with an annual membership fee of INR 2,000.

Welcome Benefits

• Get 8,000 bonus reward points as a welcome benefit.
• To avail the welcome benefit, the card must be swiped and used within 30 days of card issuance.
• The annual membership fee must be paid by the payment due date.
• Welcome Benefit Reward Points will be credited to your account within 60 days from the date of card issuance.

Fees

• Joining Fee: INR 2,000 + GST.
• Renewal Fee: INR 2,000 + GST (same as joining fee).
• Rewards Redemption Fee: INR 99 + GST will be applicable on redemption of available reward points. This fee is levied one time for all redemptions made in a single day.
• Interest Rates: Applicable as per the bank's schedule of charges.
• Cash Advance Charges: Applicable as per the bank's schedule of charges.
• Fuel Surcharge: Fuel transactions are explicitly excluded from earning reward points, milestone benefits, and lounge benefits.
• Other charges apply as per the bank's schedule of charges.

Rewards

Earning Reward Points

• Earn 10 reward points for every INR 100 spent on Dining, Grocery, Entertainment, and International purchases. (Maximum of 1,000 reward points can be earned per month in these categories).
• Earn 2 reward points for every INR 100 spent on all other purchases.
• Reward points earned in a given month will be credited to your account within 45 days from the purchase settlement date.

Milestone Benefits

• Spend INR 2.5 lakhs or more in a year from your credit card and get 10,000 reward points.
• Spend INR 4 lakhs or more in a year from your credit card and enjoy an additional 10,000 bonus reward points.
• Milestone benefit reward points will be credited to your account within 45 days from the date of crossing the corresponding milestone benefit.

Movie Benefits

• Get one complimentary movie ticket free, up to INR 100, every month on the purchase of 2 or more tickets at BookMyShow.
• To avail this offer, select the RBL Bank Buy 1 Get 1 Offer under the Offers/Discounts section at the BookMyShow website or mobile app.

Airport Lounge Access

• Primary cardmembers are eligible for 1 complimentary airport lounge access within India per quarter.
• This benefit is contingent on spending INR 35,000 or more in the previous calendar quarter.

Excluded Categories for Benefits

Purchases made on the following categories (MCCs as defined by Visa/Mastercard/RuPay) are not eligible for Reward Points, Milestone Benefits, and Lounge Benefits:

• Fuel
• Utilities
• Insurance
• Quasi-Cash
• Railways
• Real Estate/Rental
• Education
• Wallet/Service Providers
• Government Services
• Contracted Services
• Cash
• Miscellaneous
• Bills2Pay
• EMI conversion of retail transactions (including converting retail transactions to EMI, Split-N-Pay, and EMI conversion requests placed at the time of making transactions at POS/Web/Mobile App).

Rewards Redemption Guide

• Reward points can be redeemed at rblrewards.rbl.bank.in.
• A reward redemption fee of INR 99 + GST is applicable per day for redemptions.

Important Product Details

• High Value Back: Offers 2.7% value back on Grocery & Dining spends.
• Accelerated Rewards: Earn 5x reward points on Dining, Grocery, Entertainment, and International purchases.
• Movie Perks: Monthly complimentary movie ticket benefit via BookMyShow.
• Milestone Rewards: Significant bonus reward points for achieving annual spending targets of INR 2.5 lakhs and INR 4 lakhs.
• Lounge Access: Provides quarterly complimentary domestic airport lounge access based on prior quarter's spend.
• Annual Fee: An annual membership fee of INR 2,000 + GST applies.
• Reward Redemption Fee: A fee of INR 99 + GST is charged for each day points are redeemed.
• Monthly Cap on Accelerated Rewards: The 5x reward points on specific categories are capped at 1,000 points per month.
• Spend-Based Lounge Access: Complimentary lounge access is conditional on meeting a minimum spend in the previous quarter.
• Extensive Exclusions: A wide range of categories, including Fuel, Utilities, and Insurance, are excluded from earning reward points, milestone benefits, and lounge benefits.

Other Details

• All product benefits and features are subject to the bank's Product Terms & Conditions and Most Important Terms and Conditions.
• Detailed information regarding cardmember agreements and the complete schedule of charges is available from the bank.