RBL Bank ShopDaily Credit Card – Benefits, Fees & Eligibility

Introduction

The RBL Bank Platinum ShopDaily SuperCard, issued by RBL Bank in collaboration with an established Indian financial services company, is a credit card designed to complement the cardholder's lifestyle and spending habits. Positioned as a mid-range card, it offers significant savings, particularly on grocery needs, coupled with attractive rewards, vouchers, and discounts. Key differentiating benefits include a high cashback rate on grocery spends, a spend-based annual fee reversal, and unique SuperCard features like converting cash limits into personal loans and interest-free cash withdrawals for a specified period.

Welcome Benefits

• Get a gift voucher worth INR 500 upon payment of the annual fee and spending INR 2,000 within the first 30 days of card issuance.
• Note: No welcome rewards will be given to First Year Free cards.

Fees

• Joining Fee: INR 499 (Plus Goods and Service Tax - GST)
• Annual Fee: INR 499 (Plus Goods and Service Tax - GST)
• Spend-Based Waiver: The annual fee of INR 499 will be waived for the subsequent year if you spend INR 50,000 in a year.
• Finance Charge: Up to 3.99% per month
• Over Limit Penalty: INR 600
• Cash Advance Transaction Fee: 2.5% of the cash amount, subject to a minimum of INR 500.
• Cash Payment at Branches: INR 250 per deposit
• Add-on Card Fee: Nil
• Charge Slip Retrieval Fee: INR 100
• Surcharge on Railway Tickets: As per IRCTC guidelines
• Card Replacement Fee: Nil
• Duplicate Statement Fee: Nil
• Rewards Redemption Fee: INR 99
• Cheque Return: INR 500
• Fuel Transaction Fee: 1% surcharge

Rewards

• Grocery Spends: Earn 5% cashback on all grocery spends, up to INR 250 per month. Cashback will be credited in the form of reward points.
• Annual Spend Milestone: Receive a cashback of INR 1,000 on annual spends of INR 1 lakh in a year.
• Total Annual Benefits: The card offers total annual benefits estimated at INR 5,000 and above, which includes:
  • Welcome Gift Voucher: INR 500 (on spending INR 2,000 within 30 days and annual fee payment).
  • Grocery Cashback: INR 3,000 (based on maximum monthly cashback).
  • Spend Milestone Cashback: INR 1,000 (on INR 1 lakh annual spend).
  • Annual Fee Waiver: INR 500 (on INR 50,000 annual spend).

Reward Exclusions

• Transactions made on Education, Insurance, Utilities, Rent Payments, and Wallet Load categories will not earn reward points.
• Effective from October 15, 2024, transactions made on Fuel & Auto, Quasi-Cash, Railways, Real Estate, Service Providers, Government Services, Contracted Services, Bills2pay, EMI, Miscellaneous & Cash categories are also not eligible for reward points on your Platinum ShopDaily Credit Card.
• Categories/MCCs are defined as per VISA & Mastercard guidelines.

Rewards Redemption Guide

• Cashback can be redeemed on rblrewards.rbl.bank.in. Cashback is credited in the form of reward points.

Important Product Details

• SuperCard Benefits:
  • Convert your cash limits into a personal loan for 3 months at no interest.
  • Enjoy unlimited withdrawal of your available cash limit from all ATMs in India up to your billing date at no interest for a maximum period of 50 days. A processing fee of 2.5% of the amount (minimum INR 500) is applicable.
• Instant PIN Setting: You can set the PIN for your card instantly through net banking, mobile banking, by giving a miscall to 7045 906 905, or by sending an SMS by typing "MyCard" to 7045 906 905.
• Avail Cash on Card: Get a pre-approved loan without blocking your credit limit, with flexible tenure options for repayment in easy installments.
• Buy Now, Pay Later (Split n Pay): Convert purchases of INR 3,000 and above into monthly EMIs at lower interest rates.
• Balance Transfer: Transfer outstanding amounts from other credit cards to your ShopDaily SuperCard and clear them at a lower interest rate.
• Xpress Cash: Get an instant loan within your credit limit for urgent cash requirements.
• Cash Advance: Fulfill short-term cash needs with a credit-free period of up to 50 days.
• Contactless Transactions: Use the tap and pay feature for contactless purchases up to INR 5,000.
• Global Acceptance: The card is accepted worldwide.
• Security Features:
  • Comes with a PIN-based EMV chip for enhanced security.
  • Online transactions require a One Time Password (OTP).
  • Offers 'Zero Fraud Liability' in case of card misplacement.
  • Features a unique 'InControl' security feature that allows you to control card usage through an app.
• Hassle-free Payments: Pay your bill securely through various online channels.
• 24x7 Customer Service: Contact +91 22 7119 0900 or email supercardservice@rblbank.com for any queries.

Other Details

• The credit limit for the RBL Bank Platinum ShopDaily SuperCard is assigned by the bank, taking into consideration factors such as the applicant's credit score, credit utilisation ratio, and past repayment habits.
• Terms and Conditions apply to all benefits and features.
• Refer to the Most Important Terms and Conditions (MITC) and Schedule of Charges for complete details.