RBL Bank T&E Gold Credit Card – Benefits, Fees & Eligibility

Introduction

The T&E Gold Card from RBL Bank is positioned as a cost-effective corporate travel and entertainment solution designed to elevate the corporate travel experience. It offers significant benefits such as zero joining and annual fees, complimentary domestic lounge access, and a comprehensive travel insurance package. Cardholders can earn reward points on every transaction and leverage exclusive access to platforms like Nuclei and XOXO Day for business savings and corporate gifting.

Fees

• Joining Fee: NIL
• Annual Fee: NIL
• Foreign Currency Markup: 3%
• Late Payment Fee: 2% on total outstanding amount (minimum INR 300)
• Rewards Redemption Fee: INR 99 + GST
• Fuel Surcharge Waiver: 1% waiver, capped up to INR 500 per billing cycle.

Rewards

Reward Points

• Earn 2 Reward Points per INR 150 on domestic transactions.
• Earn 3 Reward Points per INR 150 on international transactions.
• Rewards accrue in multiples of INR 100.
• Maximum 5,000 points can be accumulated per statement cycle.
• Reward points expire in 2 years.

Lounge Access

• Enjoy 2 complimentary domestic lounge visits every calendar quarter at airports in India.

Insurance

• Air Accident Cover: INR 1,00,00,000
• Lost Card & Fraud Liability: INR 20,00,000
• Lost Baggage & Personal Documents: INR 75,000
• Baggage Delay: INR 7,500
• Baggage Damage: INR 2,500
• Loss of Passport: INR 12,500
• Flight Delay: INR 15,000
• Insurance covers are a standard product feature and cannot be customized.

Lifestyle & Business Benefits

• Access to Nuclei Platform: Maximize business savings on SaaS tool purchases with exclusive discounts.
• Access to XOXO Day Platform: Simplify corporate gifting, employee rewards, and client recognition by purchasing Gift Cards at discounted prices.
• Access to CorpCard Hub: A centralized portal for commercial card management, offering enhanced visibility, real-time insights, and streamlined operations for corporate administrators and cardholders.

Rewards Redemption Guide

• Visit www.rblrewards.com.
• New customers need to sign up using their registered email ID.
• Existing customers can log in using their username and password.
• Once logged in, accumulated reward points will be visible and can be redeemed for customized gifts and vouchers from multiple brands and merchants.
• In case accumulated reward points are not visible, an email can be sent to corporatecard.support@rbl.bank.in for assistance.

Card Review

The T&E Gold Card is an excellent choice for businesses and corporate entities looking for a cost-effective and feature-rich solution to manage their travel and entertainment expenses. Its zero joining and annual fees make it highly attractive, while the comprehensive insurance coverage provides peace of mind for corporate travelers. The card offers competitive reward rates on both domestic and international spending, complemented by valuable perks like domestic lounge access. The inclusion of platforms like Nuclei, XOXO Day, and CorpCard Hub adds significant value by facilitating business savings, corporate gifting, and efficient card management. While there is a cap on monthly reward points and a redemption fee, the overall benefits, especially the Flexi Limit feature for credit management, make it a strong contender for streamlining corporate expense management.

Important Product Details

• Up to 50 days interest-free credit period.
• ZERO Joining and Annual Fees.
• 2 Complimentary Domestic lounge access every quarter.
• Reward Points Accumulation: 2 points per INR 150 on domestic, 3 points per INR 150 on international transactions.
• Comprehensive Travel Insurance Coverage including INR 1 Crore for Air Accident.
• Fuel Surcharge Waiver of 1% capped up to INR 500 per billing cycle.
• Flexi Limit feature to easily manage and allocate card limits across commercial cards without reducing limits on existing cards, provided the total outstanding balance remains within the company's overall credit line.
• Exclusive discounts on SaaS tools through the Nuclei platform.
• Access to XOXO Day platform for purchasing gift cards at discounted prices.
• Access to CorpCard Hub for overall visibility and control in commercial card management.
• Foreign Currency Markup of 3%.
• Rewards Redemption Fee of INR 99 + GST.

Other Details

• Commercial Cards, also known as Corporate Credit Cards, are designed for businesses to manage corporate expenses, offering enhanced expense tracking and convenience.
• RBL Bank offers "Corporate T&E Cards" (like the T&E Gold Card) for managing employee travel expenses and "Corporate Purchase Cards" for other business payments (vendor, utility, tax).
• The RBL Bank Commercial Card facility is provided for a period of 1 year and is renewed annually based on the bank’s discretion.
• Commercial Cards are used by corporate employees for business-related expenses, streamlining expense management and improving financial control.
• Benefits of Commercial Cards include efficient expense tracking, enhanced control over business expenses, and a simplified approach to expense management.
• A Welcome Kit is sent upon successful application, containing the physical card, usage information, benefits, and all associated fees and charges.
• To set a PIN for the RBL Bank Commercial Card, visit rbl.bank.in/cardpin, validate card details, and set a PIN of choice.
• Most RBL Bank corporate card solutions are corporate liability products, meaning the credit limit does not appear in the personal bureau score of the individual cardholder, although complete individual KYC is undertaken as per RBI regulations.
• In case the card is lost or misplaced, it should be blocked immediately to avoid misuse by calling customer care at 022 - 62327777.
• Payments for Commercial Cards can be made instantly via Online Card Payment, NEFT, Net Banking, or by cheque at an RBL Bank Branch.
• Contactless functionality on a new card may require activation by first performing a transaction by inserting the card into a machine and entering the PIN.
• For FD-backed Commercial Cards, the Fixed Deposit cannot be closed midway, but partial withdrawal may be an option depending on the credit limit on the card and the deposit amount. RBL Bank offers high interest rates on FDs for secured FD-based Commercial Cards.
• Various terms and conditions apply to the card's benefits, features, and usage.