Welcome Benefit: Users will be rewarded with 12,000 reward points on making their first credit card transaction within 30 days of card setup and payment of line setup fee.
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RBL Bank MoneyTap Black Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will be rewarded with 12,000 reward points on making their first credit card transaction within 30 days of card setup and payment of line setup fee.
Milestone Benefits
Milestone Benefit: 1,000 reward points every month on making at least 5 transactions of Rs 1,000 or more. 8,000 reward points on annual spends of Rs Rs 2.5 Lakhs, and additional 8,000 reward points on crossing annual spends of Rs Rs 4 Lakhs.
Cashback Rate
1 RBL reward point = Rs 0.25.
Users will be awarded 2 reward points for every INR 100 spent on all purchases, general cashback rate of 0.5%.
5x reward points i.e. 10 reward points for every INR 100 spent online, up to 500 reward points in a month. Online cashback rate: 2.5%.
Movie Benefits
Other Benefits: 10% discount on movie bookings on BookMyShow.
Dining Benefits
None.
Other Benefits
None.
Lounge Access
Other Benefits: 10% discount on movie bookings on BookMyShow, complimentary lounge access.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will be rewarded with 12,000 reward points on making their first credit card transaction within 30 days of card setup and payment of line setup fee.
Milestone Benefits
Milestone Benefit: 1,000 reward points every month on making at least 5 transactions of Rs 1,000 or more. 8,000 reward points on annual spends of Rs Rs 2.5 Lakhs, and additional 8,000 reward points on crossing annual spends of Rs Rs 4 Lakhs.
Cashback Rate
1 RBL reward point = Rs 0.25.
Users will be awarded 2 reward points for every INR 100 spent on all purchases, general cashback rate of 0.5%.
5x reward points i.e. 10 reward points for every INR 100 spent online, up to 500 reward points in a month. Online cashback rate: 2.5%.
Movie Benefits
Other Benefits: 10% discount on movie bookings on BookMyShow.
Dining Benefits
None.
Other Benefits
None.
Lounge Access
Other Benefits: 10% discount on movie bookings on BookMyShow, complimentary lounge access.
Fees & Charges
Joining Fee
s: Nil for primary card & add-on cardholder
Annual Fee
Annual membership Fees: 3000 + GST
Cash Advance Fee
Cash Advance fee: 2.5% of the cash amount withdrawn (minimum Rs 500)
Interest rate
3.99% per month or 47.88% per annum.
Late Payment Fee
Late Payment fees: 15% of Total amount due (Min Rs.50, Max Rs.1,500)
Foreign Currency Transactions Fee
Foreign Currency Transaction Fees: 3.5%
Other Fees
Finance charges: 2.5% 3.99% p.m (upto 47.88% p.a) | Reward Redemption fees: Rs 99 | EMI Processing fees : Rs 199 + GST
Fees & Charges
Joining Fee
s: Nil for primary card & add-on cardholder
Annual Fee
Annual membership Fees: 3000 + GST
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
3.99% per month or 47.88% per annum.
Late Payment Fee
Late Payment fees: 15% of Total amount due (Min Rs.50, Max Rs.1,500)
Foreign Currency Transactions Fee
Foreign Currency Transaction Fees: 3.5%
Other Fees
Finance charges: 2.5% 3.99% p.m (upto 47.88% p.a) | Reward Redemption fees: Rs 99 | EMI Processing fees : Rs 199 + GST
Special Features
1,000 reward points every month on making at least 5 transactions of INR 1,000 or more
Eligibility Criteria
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the RBL Bank MoneyTap Black Card:
Go to the RBL Bank MoneyTap website and click on the "Apply Now" button.
Enter your personal and financial information, such as your name, address, PAN card number, and income.
Upload a copy of your PAN card and income proof.
Submit your application.
Once your application is submitted, RBL Bank will review your eligibility and get back to you within 7 working days.
If you are approved, you will receive your MoneyTap Black Card in the mail within 10 working days.
Contact Details
RBL Bank Credit Card Helpline
+91 22 6232 7777
Email: cardservices@rblbank.com
Account Opening and Procedure
The RBL MoneyTap Black Card offers a unique value proposition with its hybrid functionality, decent reward rates, and additional benefits. If you value flexibility, frequent online spending, and enjoy travel perks, it can be a good choice. However, the annual fee, limited redemption options, and potential customer service concerns are factors to consider.
The RBL MoneyTap Black Card offers a unique value proposition with its hybrid functionality, decent reward rates, and additional benefits. If you value flexibility, frequent online spending, and enjoy travel perks, it can be a good choice. However, the annual fee, limited redemption options, and potential customer service concerns are factors to consider.
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