RBL Bankbazaar SaveMax Credit Card – Benefits, Fees & Eligibility

RBL Bank BankBazaar SaveMax Credit Card

Introduction

The RBL Bank BankBazaar SaveMax Credit Card is an entry-level credit card offered by RBL Bank in collaboration with BankBazaar. It is provided at zero joining and annual fees, and is specifically designed to maximise savings on everyday spending. The card aims to help customers get more value from their purchases by offering cashback, fuel surcharge waivers, and milestone benefits.

Welcome Benefits

• Receive a free monthly Credit Advisory Report from BankBazaar.

Fees

• Joining Fee: Nil (Lifetime free)
• Annual Fee: Nil (Lifetime free)
• Cash Advance Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.
• Late Payment Charges: Ranging from ₹5 up to ₹1,300, depending on the outstanding amount.
• Finance Charges on Revolving Credit and Cash Advances: Up to 3.99% per month.
• Rewards Redemption Fee: ₹99 + GST per redemption.
• Foreign Currency Markup Fee: 3.5%.
• Cheque Return Fee: ₹500.
• Interest-free Grace Period: Between 17 days to 50 days, depending on the credit card scheme.

Rewards

• Grocery Spends: Earn 5 reward points for every ₹100 spent on grocery shopping.
  • Maximum of 1,000 reward points can be earned every month on grocery spends.
• Other Spends: Earn 1 reward point for every ₹100 spent on other categories.
• Reward Point Value: 1 reward point is equivalent to ₹0.20.
• Movies: Enjoy a 10% instant discount on BookMyShow, capped at ₹100 per month.
• Dining: Get 10% cashback on Zomato transactions, capped at ₹100 per month.
• Travel Offers:
  • Receive ₹1,000 off on international flight bookings via Air India with a VISA card (offer valid till 31st December 2025).
  • Get 12% off on domestic flight bookings on EaseMyTrip (offer valid till 30th November 2025).
  • Avail up to 12% off on flights and hotel bookings on Ixigo (offer valid till 30th November 2025).
• Shopping & Lifestyle Offers (valid till 30th November 2025):
  • ₹175 off on EatSure with a minimum spend of ₹500.
  • 10% off on Swiggy food with a minimum spend of ₹599.
  • Up to ₹10,000 off on Dell products.
  • Up to ₹10,000 off on Lenovo products.
  • Up to ₹200 off on Cinepolis website and app.
• Exclusions for Reward Points Accumulation: No reward points will be accumulated on transactions made for fuel & auto, utilities, insurance, railways, real estate/rental, government services, education, contracted services, miscellaneous spends, EMI conversion of retail transactions, cash, quasi-cash, wallet/service providers, and Bills2Pay.

Rewards Redemption Guide

• Reward points can be redeemed, with each point valued at ₹0.20.
• A rewards redemption fee of ₹99 + GST applies for each redemption.

Card Eligibility Criteria

• Documents Required:
  • Identity Proof: Aadhaar card, PAN card, Voter ID, etc.
  • Address Proof: Ration card, Aadhaar card, etc.
  • Multiple copies of passport-sized photographs.
  • Note: The documents list provided is general; additional documents may be requested by the bank based on its internal policies and your specific application.

Card Review

• Overall Verdict: The RBL Bank BankBazaar SaveMax Credit Card is an excellent entry-level option, particularly for individuals who frequently spend on groceries, movies, and food delivery. Its lifetime-free nature and targeted benefits make it a valuable tool for maximizing everyday savings.
• Pros:
  • Lifetime-free card with no annual or joining fees.
  • Generous cashback on popular platforms like BookMyShow and Zomato.
  • Accelerated reward points on grocery purchases.
  • Complimentary monthly credit advisory report.
  • A range of additional offers across travel, dining, and electronics.
• Cons:
  • Reward points on accelerated categories are capped at 1,000 per month.
  • Reward points are not earned on many common spending categories, including fuel, utilities, insurance, and EMI conversions.
  • The card does not offer lounge access facilities.

Important Product Details

• This is a Lifetime-free card with zero annual and joining fees.
• Offers a 10% instant discount on BookMyShow (up to ₹100 per month).
• Provides 10% cashback on Zomato (up to ₹100 per month).
• Allows earning of 5x reward points on grocery spends (5 points per ₹100), capped at 1,000 reward points monthly.
• Earn 1 reward point for every ₹100 spent on other categories.
• The value of 1 reward point is ₹0.20.
• Includes a free Credit Advisory Report from BankBazaar every month.
• No reward points are accumulated on fuel & auto, utilities, insurance, railways, real estate, rental services, wallet loading, EMI conversions of transactions, Split-N-Pay requests, government services, education, cash, quasi-cash, contracted services, and Bills2Pay.
• Pre-qualification for the card is not a guarantee of final approval; approval is solely at the discretion of the bank, subject to compliance with underwriting policies.
• The Air India international flight offer is valid until December 31, 2025.
• Other current monthly offers are valid until November 30, 2025.
• The card does not offer lounge access facilities.
• The card is designed to offer fuel surcharge waivers and milestone benefits, as mentioned in its introductory description.

Other Details

• Card Network: Visa
• How to Apply: You can apply for the RBL Bank BankBazaar SaveMax Credit Card online through the RBL Bank's official website, by visiting a nearest RBL Bank branch, or by submitting an application through BankBazaar.
• Payment Modes for RBL Bank BankBazaar SaveMax Credit Card:
  • UPI payments
  • NEFT
  • Net Banking
  • Debit cards
  • Cheque
  • Cash
  • NACH/SI
• Customer Care:
  • Credit card helpline number: +91-22-6232-7777
  • Credit card helpline email address: cardservices@rbl.bank.in
  • Postal address: RBL Bank Ltd, Unit No. 306-311, 3rd Floor, JMD Megapolis, Sector 48, Sohna Road, Gurugram - 122018, Haryana.
  • For any grievances, it is required to send an email from your registered email ID.
• Add-on Credit Card: Yes, you can apply for an add-on credit card with the RBL SaveMax credit card.