Bankbazaar Savemax Pro Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Bankbazaar Savemax Pro Credit Card
Bank Name :
RBL Bank
Type :
Shopping Credit Card
Interest Rate :
Finance charges: upto 3.99% p.m (upto 47.88% p.a)
Eligibility :
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Pros
Welcome Benefit: Cardholders get 5,000 reward points, on paying the first year annual fee.
Reward System: Get 10x rewards points on every INR 100 spent on groceries. Maximum 1,000 reward points per month, Get 5x reward points on every INR 100 spent on fuel. Maximum 1,000 reward points per month, and Get 2x rewards points on every INR 100 spent on all other purchases. 1 RP = 0.25 paise. General Cashback Rate: 0.5%. Effective Cashback Rate: 2.5% (Grocery), and 1.25% (Fuel).
Milestone Benefit: Get 2,000 reward points on annual spends of INR 2 lakhs, and Get 4,000 reward points on annual spends of INR 4 lakhs
Other Benefits: 10% instant discount on BookMyShow once a month (up to INR 100), and 10% Cashback on Zomato up to INR 100 in a month.
Cons
Value add features such as cashback on Zomato and BMS is heavily restricted.
Low cashback rate.
Pros & Cons
Welcome Benefits
Rewards System
Get 10x Reward Points on all your grocery spends. (Up to 1,000 Reward Points every month).
Get 5x Reward Points on all your fuel spends. (Up to 1,000 Reward Points every month).
Get 2 reward point whenever you spend INR 100.
1 RBL reward point= Rs 0.25.
General cashback rate: 0.25%.
Grocery cashback rate: 2.5%
Fuel Cashback Rate: 1.25%
International Forex Markup
Welcome Benefits and Reward System
Special Features
10% Cashback on Zomato up to INR 100 in a month.
Eligibility Criteria
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Benefits
10X, 5X, and 2X rewards points on every Rs. 100 spent on groceries, fuel, and other purchases, respectively
10% cashback up to Rs. 100 a month on Zomato and BookMyShow
Free credit advisory report every month through BankBazaar.com
Welcome benefit
Milestone Benefit
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
To apply for the RBL Bank BankBazaar SaveMax Pro Credit Card, you can follow these steps:
Visit the RBL Bank website: https://www.rblbank.com/personal-banking/cards/credit-cards/bankbazaar-savemax-pro-credit-card.
Click on the "Apply Now" button.
Fill out the online application form.
Upload the required documents.
Submit your application.
The documents required for the application are: Proof of identity (Aadhaar card, PAN card, passport, etc.) Proof of address (electricity bill, water bill, phone bill, etc.) Income proof (salary slip, bank statement, etc.)
The application process is typically completed within 7-10 working days.
You will be notified of the approval status of your application via SMS or email.
Please note that the RBL Bank BankBazaar SaveMax Pro Credit Card is a premium credit card and is only available to select customers.
If you are not eligible for this card, you may be offered an alternative card.
Contact Details
RBL Bank Credit Card Helpline
+91 22 6232 7777
Email: cardservices@rblbank.com
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Cardholders get 5,000 reward points, on paying the first year annual fee.
Reward System: Get 10x rewards points on every INR 100 spent on groceries. Maximum 1,000 reward points per month, Get 5x reward points on every INR 100 spent on fuel. Maximum 1,000 reward points per month, and Get 2x rewards points on every INR 100 spent on all other purchases. 1 RP = 0.25 paise. General Cashback Rate: 0.5%. Effective Cashback Rate: 2.5% (Grocery), and 1.25% (Fuel).
Milestone Benefit: Get 2,000 reward points on annual spends of INR 2 lakhs, and Get 4,000 reward points on annual spends of INR 4 lakhs
Other Benefits: 10% instant discount on BookMyShow once a month (up to INR 100), and 10% Cashback on Zomato up to INR 100 in a month.
Value add features such as cashback on Zomato and BMS is heavily restricted.
Low cashback rate.
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining fees: Nil for primary card & add-on cardholder
Annual membership Fees: 1499 + GST
Cash Advance fee: 2.5% of the cash amount withdrawn (minimum Rs 500)
Late Payment fees: 15% of Total amount due (Min Rs.50, Max Rs.1,500)
Finance charges: 2.5% 3.99% p.m (upto 47.88% p.a)
Foreign Currency Transaction Fees: 3.5%
Reward Redemption fees: Rs 99
EMI Processing fees : Rs 199 + GST
Fuel Surcharge
Billing Cycle
30 days