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

Introduction

The RBL Bank Platinum Maxima Plus Credit Card is designed to elevate the lifestyles of emerging affluent professionals, positioning it as a mid-range to premium offering from RBL Bank. It serves as a superior version of the Platinum Delight Credit Card, offering a compelling suite of benefits. Key differentiating features include a generous welcome bonus of 10,000 Reward Points, accelerated 5x reward points on dining, entertainment, grocery, and international purchases, and complimentary domestic airport lounge access.

Welcome Benefits

• Begin your Platinum Maxima Plus Credit Card journey with 10,000 Reward Points as a Welcome Benefit.
• To avail the welcome benefit, swipe and use your card within 30 days of card issuance.
• Pay the annual membership fee by the payment due date.
• Welcome Benefit Reward Points will be credited to your account within 60 days from the date of card issuance.
• You should have the RBL MyCard Mobile App downloaded on your mobile phone to avail of this welcome benefit.

Fees

• Joining Fee: INR 2,500 + GST
• Renewal Fee: INR 2,500 + GST (The renewal fee cannot be waived for this card.)
• Spend-Based Waiver: Not applicable for annual/renewal fee waiver.
• 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: Up to 3.5% on all foreign currency transactions.
• Interest Rates: 3.99% Per Month (47.88% Per Annum).
• Fuel Surcharge: Get a 1% fuel surcharge waiver at all fuel stations across the country for fuel transactions between Rs. 500 and Rs. 4,000.
• Cash Advance Charges: 2.5% of the advanced amount or a minimum of ₹500, whichever is higher.

Rewards

• Earn 2 reward points for every INR 100 spent on your purchases.
• Earn 10 reward points (5x benefits) for every INR 100 when you use your card for dining, entertainment, grocery, and international purchases.
  • Earn up to a maximum of 1000 Reward Points per month on these categories.
  • The maximum benefit through the 5x Reward offer is capped at 1000 Reward Points per transaction.
• Reward points earned in a given month will be credited to your account within 45 days from the purchase settlement date.
• Reward Exclusions: Purchases made on select categories will not be eligible for reward points. These include Fuel, Utilities, Insurance, Quasi-Cash, Railways, Real Estate/Rental, Education, Wallet/Service Providers, Government Services, Contracted Services, Cash, Miscellaneous, Bills2Pay, and EMI conversion of retail transactions (including Split-N-Pay and EMI conversion requests at POS/Web/Mobile App).
• Milestone Benefits:
  • Make purchases of INR 2 lakhs or more in a year and get 10,000 reward points.
  • Make purchases of INR 3.5 lakhs or more in a year and get an additional 10,000 reward points.
  • Make purchases of INR 5 lakhs or more in a year and get an additional 10,000 reward points.
  • Milestone benefit reward points will be credited to your account within 45 days from the date of crossing the corresponding milestone benefit.
  • Purchases made on select categories (as listed under Reward Exclusions) will not be eligible for milestone benefits.
• Discounts on Movie Tickets at BookMyShow:
  • Get one complimentary movie ticket free up to INR 200 every month on the purchase of 2 or more tickets at BookMyShow.
  • This offer is only for primary cardholders.
  • Select "RBL Bank Buy 1 Get 1 Offer" under the Offers/Discounts section at the BookMyShow website or mobile app to avail this offer.
• Airport Lounge Access:
  • Primary cardmembers will be eligible for 2 complimentary domestic airport lounge accesses within India in a quarter (8 per year).
  • Condition: Spend INR 35,000 or more in the previous calendar quarter.
  • Only one person per card is allowed for the complimentary lounge visits.
  • Purchases made on select categories (as listed under Reward Exclusions) will not be eligible for lounge benefits.

Rewards Redemption Guide

• Reward Points can be redeemed by logging in to the RBL Rewards portal (rblrewards.rbl.bank.in).
• You can redeem your Reward Points for air travel, hotel stays, shopping vouchers, products, and several other options available at the portal.
• The value of 1 Reward Point is Re. 0.25.

Card Review

The RBL Bank Platinum Maxima Plus Credit Card is a strong contender for individuals who prioritize saving through reward points and seek exclusive benefits across various categories like travel and movies. It is considered a superior version of the Platinum Delight Credit Card. Its exciting Reward Programs, particularly the 5x points on dining, entertainment, grocery, and international transactions, offer significant value. The milestone benefits are a major highlight, allowing cardholders to earn up to 30,000 bonus Reward Points annually, equivalent to Rs. 7,500. Additionally, the card provides practical perks such as complimentary movie tickets and domestic lounge access. While it offers a comprehensive set of benefits, potential applicants should be aware of the foreign currency markup and the relatively high interest rates. Overall, it's a well-rounded card for those looking for a basic yet feature-rich credit card experience.

Important Product Details

• Welcome bonus of 10,000 Reward Points on meeting initial spend and fee payment conditions.
• Earn 2 Reward Points for every Rs. 100 spent on all purchases.
• Get 5x Reward Points (10 Reward Points per Rs. 100) on dining, entertainment, grocery, and international transactions, capped at 1000 Reward Points per month/transaction.
• Enjoy a "Buy 1 Get 1 Free" offer on movie tickets once every month on BookMyShow (up to Rs. 200).
• Receive 2 complimentary domestic lounge accesses every quarter upon spending Rs. 35,000 or more in the previous quarter.
• Opportunity to earn up to 30,000 bonus Reward Points annually through milestone benefits (on spends of Rs. 2 lakhs, Rs. 3.5 lakhs, and Rs. 5 lakhs).
• Benefit from a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000.
• A foreign currency markup fee of up to 3.5% applies to international transactions.
• Interest rates are 3.99% per month (47.88% per annum).
• A reward redemption fee of INR 99 + GST is applicable per redemption day.
• Certain categories like fuel, utilities, and insurance are excluded from earning reward points, milestone benefits, and lounge access eligibility.

Other Details

• All benefits and offers are subject to Terms & Conditions.
• To apply for the card, you can click on "Apply Now," fill out the application form, complete all required formalities, and submit your application.
• The RBL MyCard Mobile App is recommended for availing welcome benefits.