TVS Credit RBL Bank Gold Credit Card – Benefits, Fees & Eligibility

Introduction

The TVS Credit RBL Bank Gold Credit Card, a co-branded offering from RBL Bank and TVS Credit, is positioned as a mid-range to premium credit card designed for individuals who enjoy shopping and traveling. With a joining fee of ₹1,500 plus taxes, it offers a compelling suite of benefits including a generous welcome bonus, accelerated reward points on international purchases, cashback on dining, and complimentary access to both domestic and international airport lounges. This card also integrates modern payment features like UPI linking and National Common Mobility Card (NCMC) functionality, making it a versatile option for everyday use and global adventures.

Welcome Benefits

• Receive 6,000 bonus Reward Points on your first transaction within 30 days from card issuance.
• To avail this offer, the annual membership fee must be paid.
• These welcome points can be redeemed for vouchers and gift cards on the RBL Rewards Portal.
• The value of 1 Reward Point is ₹0.25.

Fees

• Joining Fee: ₹1,500 + GST
• Annual Fee: ₹1,500 + GST
• Spend-Based Waiver: Not applicable for annual fee waiver.
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5%
• Interest Rates: 3.99% per month or 47.88% per annum
• Fuel Surcharge Waiver: 1% waiver up to ₹200 per month on fuel expenses between ₹400 and ₹5,000.
• Cash Advance Charges: 2.5% of the cash amount or a minimum of ₹500.

Rewards

• Rewards Rate:
  • Earn 10 Reward Points for every ₹100 spent on international purchases (5X returns).
  • Earn 2 Reward Points for every ₹100 spent on everyday transactions.
  • Reward Point Exclusions: Transactions made on Fuel & Auto, Utilities, Insurance, Quasi-Cash, Railways, Real Estate/Rental, Education, Wallets/Service Providers, Government Services, Contracted Services, Cash, Miscellaneous, Bills2Pay, EMI conversion of retail transactions (Split-N-Pay & EMI conversion requests placed at the time of making transactions at POS/Web/Mobile App), fees, charges, and GST will not earn Reward Points. This exclusion is not applicable for international purchases.
  • RuPay UPI Exclusions: Offline UPI transactions under ₹2,000 done at small merchants (turnover not more than ₹20 lakh in previous financial year) on RBL Bank RuPay Credit Card will not be eligible for reward points, voucher benefits, milestone benefits, or any other product benefits, unless stated otherwise.
• Dining Benefits:
  • Enjoy 5% cashback on EazyDiner transactions, capped at ₹250 per month.
  • This offer can be availed once every month.
• Airport Lounge Access:
  • Domestic Lounge Access:
    • Receive 1 complimentary domestic airport lounge visit per quarter on purchases of ₹50,000 every quarter.
    • Receive 2 complimentary domestic airport lounge visits per quarter on achieving a quarterly milestone of ₹75,000.
  • International Lounge Access:
    • Under the Priority Pass membership, receive 1 complimentary international airport lounge visit per calendar quarter on purchases of ₹1 Lakh every quarter.
• Milestone Perks:
  • Annual Milestone: Earn 6,000 Bonus Reward Points on annual spending of ₹2.5 Lakhs.
  • Quarterly Treats: Unlock a shopping or dining voucher of your choice worth ₹500 on achieving a quarterly spending milestone of ₹50,000. Choices include Amazon, Flipkart, Swiggy, or Zomato.
• Other Benefits:
  • Credit Card on UPI: As the card is on the RuPay network, it can be linked with UPI apps (e.g., Google Pay, PhonePe, BHIM) for easy transactions without carrying the physical card.
  • Benefit of NCMC: The card is equipped with the National Common Mobility Card (NCMC) feature, allowing quick payments at metro stations, bus terminals, and more by tapping the card. It includes an inbuilt offline wallet that can be quickly loaded.

Rewards Redemption Guide

• All Reward Points can be redeemed for vouchers and gift cards on the RBL Rewards Portal.
• The value of 1 Reward Point is ₹0.25.
• To redeem, log in to the RBL Rewards Portal, view your reward points, and select your preferred redemption option such as merchandise, vouchers, or statement credit. The points will then be deducted from your balance.

Card Review

The TVS Credit RBL Bank Gold Credit Card is a strong option for individuals who prioritize shopping and dining benefits. With a joining fee of ₹1,500 plus taxes, it delivers substantial value through its welcome bonus, accelerated reward points on international spending, and consistent cashback on dining. The card's inclusion of domestic and international lounge access, along with milestone benefits, further enhances its appeal for frequent spenders. It is considered a superior offering compared to the standard TVS Credit RBL Bank Credit Card due to its comprehensive perks and rewards, making the annual fee worthwhile.

Pros

• Receive 6,000 Reward Points as a welcome benefit on your first transaction within 30 days of card issuance.
• Get up to ₹250 cashback on restaurant bills through EazyDiner every month.
• Enjoy complimentary domestic and international airport lounge access (spend-based).
• Benefit from NCMC features and easy payments through UPI linking (RuPay network).
• Earn high reward points (10 RP per ₹100) on international purchases.
• Access valuable annual and quarterly milestone benefits.
• Includes a fuel surcharge waiver.

Cons

• No specific travel rewards beyond lounge access or insurance benefits are offered.
• High spending thresholds are required every quarter to avail lounge access benefits.
• Certain merchant categories (e.g., fuel, utilities, insurance) are excluded from earning Reward Points and milestone benefits.
• Offline UPI transactions under ₹2,000 at small merchants on the RuPay network are not eligible for rewards or benefits.

Important Product Details

• Complimentary lounge access per quarter for domestic and international lounges, subject to quarterly spending milestones.
• Offers NCMC benefits along with easy payments through UPI linking, available on the RuPay network.
• Includes annual and quarterly milestone benefits based on spending.
• Provides a 1% fuel surcharge waiver up to ₹200 per month.
• Earn 10 Reward Points for every ₹100 spent on international purchases.
• Earn 2 Reward Points for every ₹100 spent on everyday transactions.
• Features 5% cashback on EazyDiner transactions, capped at ₹250 per month.
• Welcome benefit includes 6,000 bonus Reward Points on the first transaction.
• The card is available on both MasterCard and RuPay networks.

Other Details

• There is a revenue sharing arrangement between RBL Bank and TVS Credit for this card.
• The Welcome Benefit is applicable only after the annual membership fee is paid.
• "Bills2Pay" is a facility provided by RBL Bank where cardmembers can pay various utility bills via the RBL MyBank App or Internet banking channel.
• Merchant Categories (MCCs) for exclusions are defined as per Network guidelines.
• Detailed terms and conditions, FAQs, Most Important Terms and Conditions (MITC), Cardmember Agreement, and Schedule of Charges are available for reference.
• Grievance redressal contact information and links to the RBI Sachet Portal are provided.