RBL BankRBL Bank ShopRite Credit Card – Benefits, Fees & Eligibility
Is the RBL Bank ShopRite Credit Card Right for You?
The RBL Bank ShopRite Credit Card is best suited for users who prioritize Shopping, Movies. With a joining fee of Nil and a renewal fee of Nil, this card offers free entry for new applicants. It offers Reward Points as its primary reward mechanism, with a rewards rate of 20 RP/₹100 on groceries (max 1000 RP/month), 1 RP/₹100 on other retail spends..
Key Card Details
Nil
Nil
Reward Points
3.5% markup on international transactions.
Notable Perks
Domestic Lounge Access
Not Applicable
International Lounge Access
Not Applicable
Insurance Coverage
Not Applicable
Spend-Based Waiver
Not Applicable
Movie Benefits
10% discount (up to ₹100) on BookMyShow movie tickets, 15 times per year.
Golf Benefits
Not Applicable
Things to Consider
A redemption fee of ₹99 + GST is charged for every reward point redemption request.
High foreign currency markup of 3.5% makes international spending less attractive.
No complimentary domestic or international airport lounge access is provided.
Benefits & Features
Welcome Offer
2,000 Reward Points on first purchase within 30 days and RBL MyCard app download.
Rewards Rate
20 RP/₹100 on groceries (max 1000 RP/month), 1 RP/₹100 on other retail spends.
Reward Type
Reward Points
Reward Redemption
Redeem points at rblrewards.com for flights, hotels, recharges, shopping, gifts. 1 RP = ₹0.25.
Domestic Lounge Access
Not Applicable
International Lounge Access
Not Applicable
Premium Benefits
Not Applicable
Insurance Coverage
Not Applicable
Movie Benefits
10% discount (up to ₹100) on BookMyShow movie tickets, 15 times per year.
Dining Benefits
Not Applicable
Travel Benefits
Not Applicable
Fees & Charges
Joining Fee
Nil
Renewal Fee
Nil
Spend-Based Waiver
Not Applicable
Foreign Currency Markup
3.5% markup on international transactions.
Interest Rates
Up to 3.99% per month.
Fuel Surcharge Waiver
1% waiver on fuel (₹400-₹5,000 txns), max ₹100/month.
Cash Advance Charges
2.5% of amount withdrawn or ₹500, whichever is higher.
Rewards Redemption Fee
₹99 + GST per redemption request.
Pros & Cons
Pros
Key benefits and features of this card.
Lifetime free card with zero annual charges, making it budget-friendly.
Accelerated reward points on grocery purchases, maximizing everyday savings.
Consistent 10% discount on BookMyShow movie tickets, up to 15 times yearly.
Easy redemption of reward points across diverse categories like shopping & travel.
Cons
Key drawbacks and limitations of this card.
A redemption fee of ₹99 + GST is charged for every reward point redemption request.
High foreign currency markup of 3.5% makes international spending less attractive.
No complimentary domestic or international airport lounge access is provided.
Limited maximum reward points on groceries per month (1,000 RP cap).
Product Details
This is a lifetime free credit card with no annual charges.
Enjoy a 10% discount on movie tickets via BookMyShow, up to ₹100, 15 times a year.
Benefit from a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000.
The card is available on the RuPay network.
No domestic or international lounge access is provided.
Considered an entry-level credit card.
Benefits & Features
Welcome Offer
2,000 Reward Points on first purchase within 30 days and RBL MyCard app download.
Rewards Rate
20 RP/₹100 on groceries (max 1000 RP/month), 1 RP/₹100 on other retail spends.
Reward Type
Reward Points
Reward Redemption
Redeem points at rblrewards.com for flights, hotels, recharges, shopping, gifts. 1 RP = ₹0.25.
Domestic Lounge Access
Not Applicable
International Lounge Access
Not Applicable
Premium Benefits
Not Applicable
Insurance Coverage
Not Applicable
Movie Benefits
10% discount (up to ₹100) on BookMyShow movie tickets, 15 times per year.
Dining Benefits
Not Applicable
Travel Benefits
Not Applicable
What matters, explained clearly
Introduction
The RBL Bank ShopRite Credit Card is designed for individuals who seek to maximize savings on their everyday spending, particularly on groceries and entertainment. This lifetime free card offers exclusive reward points on grocery purchases and significant discounts on movie tickets booked via BookMyShow. Cardholders receive a welcome bonus of 2,000 Reward Points upon making their first purchase within 30 days of card issuance and downloading the RBL MyCard mobile app. With a generous reward rate of up to 20 Reward Points for every ₹100 spent, the card provides an incredible way to accumulate savings that can be redeemed against a variety of options.
Welcome Benefits
- Receive a welcome bonus of 2,000 Reward Points.
- To be eligible for the welcome bonus, cardholders must make their first purchase within 30 days of receiving the RBL Bank ShopRite Credit Card and download the RBL MyCard mobile app.
Fees
- Joining Fee: Lifetime Free
- Renewal Fee: Lifetime Free
- Spend-Based Waiver: Not applicable (card is already lifetime free).
- Rewards Redemption Fee: ₹99 + GST per redemption request.
- Foreign Currency Markup: 3.5%
- Interest Rates: Up to 3.99% per month
- Fuel Surcharge: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, subject to a maximum waiver of ₹100 per month.
- Cash Advance Charges: 2.5% of the Cash Withdrawn or ₹500, whichever is higher.
Rewards
- Grocery Purchases: Earn 20 Reward Points for every ₹100 spent on grocery shopping.
- There is a maximum limit of 1,000 Reward Points per month on grocery spends, offering potential savings of ₹250 each month.
- Other Retail Spends: Earn 1 Reward Point for every ₹100 spent on all retail purchases, excluding fuel.
- Movies: Get a 10% discount on movie tickets through BookMyShow.
- The discount is capped at ₹100 per transaction.
- This benefit can be availed 15 times every year.
- The 'RBL 10% discount offer' can be found under the 'credit card offers' option on BookMyShow.
- Fuel: Enjoy a 1% waiver on fuel surcharge for transactions between ₹400 to ₹5,000 at all fuel stations.
- The maximum fuel surcharge waiver is ₹100 per month.
- Reward Type: Reward Points.
- Best Suited For: Shopping.
- Travel: Not applicable.
- Domestic Lounge Access: Not applicable.
- International Lounge Access: Not applicable.
- Golf: Not applicable.
- Insurance Benefits: Not applicable.
Rewards Redemption Guide
- Reward Points can be redeemed by visiting the RBL Rewards website (www.rblrewards.com).
- Redemption Value: 1 Reward Point = ₹0.25.
- Redemption Process:
- Visit the RBL Rewards website and log in using your username and password.
- Choose from various redemption options available, such as flights, hotels, recharges, shopping, or gifts.
- Redemption Fee: A fee of ₹99 + GST is charged per redemption request.
Card Review
The RBL Bank ShopRite Credit Card is an excellent choice for individuals who frequently shop, especially for groceries, and enjoy going to movies. Its accelerated reward points on grocery purchases and a consistent discount on BookMyShow movie tickets make it a valuable addition for these spending categories. Being a lifetime free credit card with zero annual charges, it is particularly attractive for first-time cardholders or those seeking a budget-friendly option. This card allows users to accrue significant savings in the form of reward points, which are easily redeemable across diverse categories, making it a compelling option for segment-specific benefits.
Important Product Details
- Welcome Benefit of 2,000 bonus Reward Points.
- This is a lifetime free credit card.
- Earn 1 Reward Point for every ₹100 spent on retail purchases (excluding fuel).
- Earn 20 Reward Points for every ₹100 spent on groceries, with a maximum of 1,000 Reward Points per month.
- Receive a 10% discount on movie tickets via BookMyShow, up to ₹100, 15 times a year.
- Benefit from a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, up to ₹100 per month.
- A rewards redemption fee of ₹99 + GST applies.
- Foreign currency transactions incur a 3.5% markup fee.
- No domestic or international lounge access is provided.
Other Details
- The card is available on the RuPay network.
- It is considered an entry-level credit card.