RBL BankRBL Bank Platinum Prime Credit Card – Benefits, Fees & Eligibility
Is the RBL Bank Platinum Prime Credit Card Right for You?
The RBL Bank Platinum Prime Credit Card is best suited for users who prioritize Dining, Movies, Shopping. With a joining fee of ₹999 + GST and a renewal fee of ₹999 + 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 2 reward points every time you spend Rs.100 on general spends..
Key Card Details
₹999 + GST
₹999 + GST
Reward Points
Notable Perks
Movie Benefits
Get 1+1 free BookMyShow movie tickets, up to Rs.200, every month (on any Wednesday).
Things to Consider
The card carries both a joining fee and an annual fee of Rs.999 plus GST.
Reward points on dining are significantly higher only on Wednesdays, limiting daily benefits.
Cash advance withdrawals are interest-free but incur a 2.5% processing fee.
Benefits & Features
Welcome Offer
Receive 4,000 reward points upon paying the joining fee and spending Rs.2,000 within 60 days.
Rewards Rate
Earn 2 reward points every time you spend Rs.100 on general spends.
Reward Type
Reward Points
Movie Benefits
Get 1+1 free BookMyShow movie tickets, up to Rs.200, every month (on any Wednesday).
Dining Benefits
Avail a 5% discount on dining expenditures and earn 20 reward points for every Rs.100 spent on Wednesdays.
Fees & Charges
Joining Fee
₹999 + GST
Renewal Fee
₹999 + GST
Fuel Surcharge Waiver
A fuel surcharge waiver of up to Rs.100 per month is available.
Cash Advance Charges
A processing fee of 2.5% is charged for interest-free cash withdrawals (minimum Rs.500) for up to 50 days.
Pros & Cons
Pros
Key benefits and features of this card.
Generous welcome bonus of 4,000 reward points upon meeting initial spend criteria.
Enjoy monthly 1+1 free movie tickets at BookMyShow, saving up to Rs.200 each time.
Benefit from a 5% discount on dining and 10X reward points on Wednesday dining spends.
Earn substantial milestone benefits, up to 15,000 reward points on annual spending.
Flexibility to convert large expenses into EMIs and access interest-free cash advances.
Cons
Key drawbacks and limitations of this card.
The card carries both a joining fee and an annual fee of Rs.999 plus GST.
Reward points on dining are significantly higher only on Wednesdays, limiting daily benefits.
Cash advance withdrawals are interest-free but incur a 2.5% processing fee.
The fuel surcharge waiver is capped at Rs.100 per month, which may be insufficient for high users.
Product Details
Welcome benefit of 4,000 reward points, valued at Rs.1,000.
Annual entertainment benefit of Rs.2,400 from 1+1 free movie tickets every month.
Benefit from 10X reward points on dining spends specifically on Wednesdays.
Milestone benefits include up to 15,000 reward points on annual spending.
Option to convert expenses into EMIs for electronics, clothes, and furniture.
Provision for a 3-month personal loan at 1.16% interest with no processing fee.
Interest-free ATM cash withdrawals for up to 50 days, subject to a 2.5% processing fee.
Benefits & Features
Welcome Offer
Receive 4,000 reward points upon paying the joining fee and spending Rs.2,000 within 60 days.
Rewards Rate
Earn 2 reward points every time you spend Rs.100 on general spends.
Reward Type
Reward Points
Movie Benefits
Get 1+1 free BookMyShow movie tickets, up to Rs.200, every month (on any Wednesday).
Dining Benefits
Avail a 5% discount on dining expenditures and earn 20 reward points for every Rs.100 spent on Wednesdays.
What matters, explained clearly
Introduction
The RBL Bank Platinum Prime SuperCard is a mid-range credit card issued by RBL Bank, designed to complement diverse spending habits and offer significant savings. Its key differentiating benefits include a generous welcome bonus of 4,000 reward points, monthly free movie tickets at BookMyShow, and a 5% discount on dining expenditures.
Welcome Benefits
- Receive 4,000 reward points upon paying the joining fee and spending Rs.2,000 within the first 60 days of card issuance.
- The rupee value of the welcome benefit is Rs.1,000.
Fees
- Joining Fee: Rs.999 plus GST.
- Annual Fee: Rs.999 plus GST.
- Cash Advance Charges: A processing fee of 2.5% is charged for interest-free and unlimited cash withdrawals (minimum Rs.500) at all ATMs for up to 50 days.
- Fuel Surcharge: A fuel surcharge waiver of up to Rs.100 per month is available.
Rewards
- General Spends: Earn 2 reward points every time you spend Rs.100.
- Milestone Benefits:
- Receive 5,000 reward points when your spending reaches Rs.2 lakh.
- Receive 10,000 reward points when your spending reaches Rs.1.5 lakh within one year.
- Dining:
- Avail a 5% discount on dining expenditures.
- Earn 20 reward points for every Rs.100 spent on dining (specifically on any Wednesday).
- A maximum of 1,000 rewards can be earned in a month on dining spends.
- Entertainment (Movies): Get 1+1 free BookMyShow movie tickets, up to Rs.200, every month (on any Wednesday).
- Fuel: Enjoy a fuel surcharge waiver of up to Rs.100 per month.
- EMI Benefits: Easily convert all your expenses into EMIs when shopping for electronics, clothes, furniture, and other items.
- Loan Benefits: Convert your available credit into a 3-month personal loan at an interest rate of 1.16%, with no processing fee.
- ATM Benefits: Access interest-free and unlimited cash withdrawals (minimum Rs.500) at all ATMs for up to 50 days. A processing fee of 2.5% applies to these withdrawals.
Rewards Redemption Guide
- Information on RBL Bank Credit Card Reward Points can be found through the bank's resources.
Card Eligibility Criteria
Documents required
- Proof of Address:
- Ration Card
- Passport
- Voter ID
- Aadhaar card
- Identity Proof:
- Driving License
- Passport
- Aadhaar card
- Income Proof:
- Form 16
- IT Returns
- Salary Slip
Card Review
The RBL Bank Platinum Prime SuperCard is a solid choice for individuals looking to maximize savings across various spending categories, particularly dining and entertainment. The card offers substantial spending-based reward points and valuable welcome benefits. While it comes with a joining and annual fee, the potential annual savings and benefits, such as free movie tickets and fuel surcharge waivers, can easily offset these costs for active users. The flexibility to convert expenses into EMIs and access interest-free cash advances adds to its utility. This card is well-suited for those who frequently dine out, enjoy movies, and make regular purchases, aiming for high savings on their expenditure.
Important Product Details
- Welcome benefit of 4,000 reward points, valued at Rs.1,000.
- Annual entertainment benefit of Rs.2,400 from 1+1 free movie tickets (up to Rs.200) every month.
- Earn 2 reward points on every Rs.100 spent, with an estimated annual value of Rs.1,125.
- Benefit from 10X reward points on dining spends, with an estimated annual value of Rs.1,250.
- Milestone benefits include 10,000 reward points for spending Rs.1.5 lakh and 5,000 reward points for spending Rs.2 lakh, totaling an estimated annual value of Rs.3,750.
- Fuel surcharge waiver up to Rs.100 every month, providing an annual value of Rs.1,200.
- The total estimated annual value of benefits is Rs.10,725.
- Option to convert expenses into EMIs for electronics, clothes, and furniture.
- Provision for a 3-month personal loan at 1.16% interest with no processing fee.
- Interest-free ATM cash withdrawals for up to 50 days, subject to a 2.5% processing fee.
Other Details
- The credit card limit is determined by the bank, considering factors such as your credit score, credit utilization ratio, and past repayment habits.
- Some reward point benefits related to partner outlets are upcoming.
- Terms and Conditions apply to all benefits and features.
- Display of trademarks, tradenames, logos, and other intellectual property belongs to their respective owners and does not imply partnership with the issuer/manufacturer.