RBL Bank Movies and More Credit Card
Product Details
Credit Card Name :
RBL Bank Movies and More Credit Card
Bank Name :
RBL Bank
Type :
Rewards Credit Card
Interest Rate :
3.99% per month or 47.88% per annum
Eligibility :
Citizenship: Resident of India.
Age: Between 21 and 60 years old (though some sources say 18+).
Income: Have a regular source of income.
Credit Score: While not explicitly stated, a good CIBIL score was likely needed for approval.
Pros
Welcome Benefit: Cardholders get 4 movie tickets worth INR 250 each at BookMyShow, and a benefit of INR 1,000 redeemable in 2 transactions of INR 500 each and a maximum of 2 tickets in each transaction. (Welcome benefit is automatically available to you for 60 days after paying your joining fee and using your card for the first time within the first 30 days.)
Reward System: Earn 10 reward points/ INR 100 spent at BookMyShow and at Pizza Hut and KFC, Earn 20 reward points/ INR 100 spent on dining on Wednesdays, and Earn 1 Reward point INR100 on all your purchases except fuel. 1 RP = 0.25 paisa. General CB Rate: 0.25%, Effective CB Rate for Pizza Hut and KFC: 2.5%, and Dining CB Rate: 5%.
Milestone Benefit: Get 5,000 bonus reward points when the annual spends on your card crosses INR 2 lakhs, and 10,000 bonus reward points when the annual spends on your card crosses INR 3.5 lakhs.
Other Benefits: 2 free movie tickets worth INR 250 each at BookMyShow on monthly spends of INR 15,000, and 1 free movie ticket up to INR 250 at BookMyShow on monthly spends of INR 10,000.
Cons
Limited rewards
Spend thresholds
Pros & Cons
Welcome Benefits
Cardholders get 4 movie tickets worth INR 250 each at BookMyShow You get a benefit of INR 1,000 redeemable in 2 transactions of INR 500 each and a maximum of 2 tickets in each transaction.
Rewards System
Earn 10 reward points/ INR 100 spent at BookMyShow and at Pizza Hut and KFC,
Earn 20 reward points/ INR 100 spent on dining on Wednesdays, and
Earn 1 Reward point INR100 on all your purchases except fuel.
1 RP = 0.25 paisa.
General CB Rate: 0.25%,
Effective CB Rate for Pizza Hut and KFC: 2.5%, and Dining CB Rate: 5%.
International Forex Markup
IFM: 3.5%
Welcome Benefits and Reward System
Special Features
2 free movie tickets worth INR 250 each at BookMyShow on monthly spends of INR 15,000, and 1 free movie ticket up to INR 250 at BookMyShow on monthly spends of INR 10,000.
Eligibility Criteria
Citizenship: Resident of India.
Age: Between 21 and 60 years old (though some sources say 18+).
Income: Have a regular source of income.
Credit Score: While not explicitly stated, a good CIBIL score was likely needed for approval.
Benefits
Welcome benefit
Movie benefits
Milestone benefits
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
No Longer Taking New Applications
Contact Details
022 6232 7777
Account Opening and Procedure
RBL Bank Movies and More Credit Card Review
The card offers decent movie benefits. However, the card has a very low general cashback rate. The card is best suited for those individuals who watch movies frequently.
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
Annual membership fees: INR 1,000.
Cash Advance Charges: 2.5% of the cash amount (min Rs. 500).
Interest Rate: 3.99% per month or 47.88% per annum.
Late payment fee charged depending on the customer’s Total Outstanding amount ranges from Rs. 5 - 1300.
Foreign Currency Mark-up fees: Up to 3.5%.
Reward Redemption Fees: Rs. 99 +GST.
Fuel Surcharge
1% surcharge on fuel transaction value or Rs.10/- whichever is higher(dependent on merchant bank).
Billing Cycle
30 Days