RBL Bank Icon Credit Card
Product Details
Credit Card Name :
RBL Bank Icon Credit Card
Bank Name :
RBL Bank
Type :
Rewards Credit Card
Interest Rate :
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: 20,000 bonus reward points.
Reward System: 2 reward points for every INR 100 spent, and 20 reward points for every INR 100 spent on international and dining on weekends. Maximum 2,000 reward points per month each for international spending and weekend dining spending.
Milestone Benefit: 10,000 reward points on spending INR 3 lakhs in a year, an additional 15,000 reward points on spending INR 5 lakhs in a year, and another 20,000 reward points on spending INR 8 lakhs in a year.
Travel Benefits: 2 complimentary lounge visits every quarter at major domestic airports in India, Golf Course Referral and Reservation Assistance, Avail 1+1 movie ticket on BookMyShow, up to INR 200, twice a month.
Cons
Low cashback rate.
International lounge access only with priority pass.
Pros & Cons
Welcome Benefits
Enjoy a welcome gift of 20,000 bonus reward points.
Rewards System
Reward System: 2 reward points for every INR 100 spent, and 20 reward points for every INR 100 spent on international and dining on weekends. 1 RP= 0.25, General Cashback Rate: 0.5%, Special Cashback Rate: 2.5%
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
Get access to select golf courses across the country
Eligibility Criteria
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Benefits
Welcome benefit. 20,000 welcome reward points.
Earn 2 reward points for every INR 100 spent on all your purchases.
Easily earn 10 reward points for every INR 100 when you use your card for dining, entertainment, fuel, utility bill payments, and international purchases.
Milestone Benefit
Complimentary movie ticket.
Airport lounge access.
Travel insurance.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
You can apply for the RBL Bank Icon Credit Card online or by visiting a RBL Bank branch.
To apply online, you can follow these steps:
Go to the RBL Bank website and click on the "Apply for Credit Card" tab.
Select the RBL Bank Icon Credit Card and click on the "Apply Now" button.
You will be redirected to a new page where you will need to provide your personal information,such as your name, address, and contact details.
You will also need to provide your employment information and income details.
You will need to upload a copy of your PAN card and a recent passport-sized photograph.
Once you have submitted your application, you will be contacted by a RBL Bank representative for further processing.
Here are the documents required to apply for the RBL Bank Icon Credit Card:
PAN card
Passport-sized photograph
Proof of address
Proof of income
The processing time for the RBL Bank Icon Credit Card is usually 7-10 working days.
Contact Details
RBL Bank Credit Card Helpline
+91 22 6232 7777
Email: cardservices@rblbank.com
Account Opening and Procedure
RBL Bank Icon Credit Card
RBL Bank Icon Credit Card is a great premium credit card which comes loaded with benefits. However, it offers a low cashback rate, which makes it less attractive than the other premium credit cards in the market.
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: Rs. 5000 + 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).
Interest Rate: 3.99% p.m (upto 47.88% p.a).
Foreign Currency Transaction Fees: 3.5%.
Reward Redemption fees: INR 99.
EMI Processing fees : INR 199 + GST.
Rental fees: 1% fees on all rental transactions.
Fuel Surcharge: 1% surcharge, waived upto INR 200 per month.
Fuel Surcharge
Fuel Surcharge: 1% surcharge, waived upto INR 200 per month.
Billing Cycle
30 days.