RBL Bank Platinum TravelEasy SuperCard – Benefits, Fees & Eligibility

Introduction

The RBL Bank Platinum TravelEasy SuperCard is a mid-range credit card issued by RBL Bank, designed for individuals who frequently travel and use cab services like Ola and Uber, as well as make regular fuel purchases. It positions itself as a card that complements spending habits and lifestyle, offering high savings on fuel and cab transactions, coupled with milestone vouchers. Key differentiating benefits include attractive cashback offers on fuel and cab spends, a welcome gift voucher, and an annual fee waiver based on spending. The card also features an "Easy Cash" option for interest-free ATM withdrawals and an "Emergency Advance" facility.

Welcome Benefits

• Receive a Gift Voucher worth INR 1,000.
• This welcome benefit is credited upon payment of the joining fee and making spends of INR 2,000 within 30 days of card issuance.
• No welcome rewards will be given to First Year Free cards.

Fees

• Joining Fee: INR 999 plus Goods and Service Tax (GST).
• Annual Fee: INR 999 plus Goods and Service Tax (GST).
• Spend-Based Waiver: The second year annual fee of INR 999 will be reversed if you spend INR 1,00,000 in a year.
• Fuel Surcharge Waiver: A fuel surcharge waiver of up to INR 100 per month is provided. This waiver is applicable on minimum fuel transactions of INR 500 and maximum of INR 4,000.
• Cash Advance Charges: For "Easy Cash" withdrawals from ATMs, a processing fee of 2.5% is applicable, with a minimum charge of INR 500.

Rewards

• Cashback on Fuel Purchases: Get 10% cashback on fuel purchases, capped at INR 400 per month.
• Cashback on Ola / Uber Transactions: Get 10% cashback on Ola / Uber transactions, capped at INR 400 per month.
• Annual Rewards Value:
  • Welcome Gift: INR 1,000 worth Gift Vouchers.
  • Spend Based Waiver: Waiver of next year's annual fee (valued at INR 1,000) on spending INR 1,00,000 in a year.
  • 10% cashback on Ola / Uber / Fuel Purchases: Valued at INR 4,800 per annum (INR 400 per month).
  • Gift voucher of INR 1,000 every time you spend INR 1,00,000 in one year.
  • Total benefits per annum are estimated to be INR 7,500+. (Note: Input 1 states INR 6,800+ total benefits, while Input 2 states INR 7,500+ total benefits, with the difference likely from an additional INR 1,000 gift voucher on INR 1,00,000 spend).
• Loan Benefits:
  • Easy Cash: Enjoy unlimited, interest-free withdrawals of your available cash limit from any ATM in India for a maximum of 50 days (or up to your billing date). A processing fee of 2.5% (minimum INR 500) is applicable.
  • Emergency Advance: Convert your available credit limit into a personal loan for 3 months, available once a year.

Rewards Redemption Guide

• Cashback earned will be credited in the form of reward points.
• You can redeem your cashback/reward points on rblrewards.rbl.bank.in.

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.

Card Review

The RBL Bank Platinum TravelEasy SuperCard is an ideal choice for individuals who frequently travel, use ride-sharing services like Ola and Uber, and make regular fuel purchases. Its strong cashback program for these categories, coupled with a substantial welcome benefit and an annual fee waiver on achieving a reasonable spend milestone, offers significant value. The card's unique "Easy Cash" and "Emergency Advance" features provide financial flexibility. However, potential applicants should be aware of the specific categories excluded from earning reward points, which include Education, Insurance, Utilities, Rent Payments, Wallet Load, Fuel & Auto, Quasi-Cash, Railways, Real Estate, Service Providers, Government Services, Contracted Services, Bills2pay, EMI, Miscellaneous & Cash (effective from October 15, 2024).

Important Product Details

• Card Name: RBL Bank Platinum TravelEasy SuperCard
• Issuing Bank: RBL Bank
• Welcome Benefit: INR 1,000 Gift Voucher on specific spend conditions.
• Joining Fee: INR 999 + GST.
• Annual Fee: INR 999 + GST.
• Annual Fee Waiver: Second year annual fee reversed on INR 1,00,000 annual spends.
• Cashback: 10% on Fuel purchases (up to INR 400/month) and 10% on Ola/Uber transactions (up to INR 400/month).
• Fuel Surcharge Waiver: Up to INR 100 per month on transactions between INR 500 and INR 4,000.
• Easy Cash Facility: Interest-free ATM withdrawals for up to 50 days, subject to a 2.5% processing fee (minimum INR 500).
• Emergency Advance: Option to convert available credit limit into a 3-month personal loan, once a year.
• Excluded Categories for Rewards: Transactions made on Education, Insurance, Utilities, Rent Payments, Wallet Load, Fuel & Auto, Quasi-Cash, Railways, Real Estate, Service Providers, Government Services, Contracted Services, Bills2pay, EMI, Miscellaneous & Cash are not eligible for reward points (effective October 15, 2024).

Other Details

• The card is marketed as having the "power of four cards in one."
• The card aims to perfectly complement spending habits and lifestyle, offering high savings on Fuel, Ola, and Uber, along with milestone vouchers.
• All offers and benefits are subject to Terms and Conditions.
• The bank sets the credit limit based on factors like credit score, credit utilization ratio, and past repayment habits.
• The application for the card is typically processed within 3 weeks, and the card is dispatched within 7 working days after approval.
• Categories and Merchant Category Codes (MCCs) for transactions are defined as per VISA & Mastercard guidelines.