Welcome benefits: Users will earn 8,000 reward points by making payment of the annual fee and spending INR 2,000 within 30 days of card issuance.
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RBL Bank Platinum Edge Credit Card
Rewards & Benefits
Welcome Benefits
Welcome benefits: Users will earn 8,000 reward points by making payment of the annual fee and spending INR 2,000 within 30 days of card issuance.
Milestone Benefits
Milestone benefit: Users will get 10,000 reward points on spending INR 1,50,000 in a year and an additional 5,000 reward points on spending INR 1,00,000 thereafter.
Cashback Rate
Reward system: Users will earn 2 reward point for every Rs. 100 spent. The value of 1 reward point is Rs. 0.20. So the effective cashback rate is 0.40%.
Users can get 4 reward point for every Rs. 100 spent online. So the effective online cashback rate will be 0.80%.
Movie Benefits
Users can get a 1+1 free movie ticket offer on BookMyShow of up to INR 200 once a month.
Dining Benefits
None.
Other Benefits
None.
Lounge Access
Users will get 1 complimentary access per quarter to domestic airport lounges. You need to spend Rs. 15,000 in the preceding calendar quarter to unlock complimentary access for the subsequent calendar quarter.
Rewards & Benefits
Welcome Benefits
Welcome benefits: Users will earn 8,000 reward points by making payment of the annual fee and spending INR 2,000 within 30 days of card issuance.
Milestone Benefits
Milestone benefit: Users will get 10,000 reward points on spending INR 1,50,000 in a year and an additional 5,000 reward points on spending INR 1,00,000 thereafter.
Cashback Rate
Reward system: Users will earn 2 reward point for every Rs. 100 spent. The value of 1 reward point is Rs. 0.20. So the effective cashback rate is 0.40%.
Users can get 4 reward point for every Rs. 100 spent online. So the effective online cashback rate will be 0.80%.
Movie Benefits
Users can get a 1+1 free movie ticket offer on BookMyShow of up to INR 200 once a month.
Dining Benefits
None.
Other Benefits
None.
Lounge Access
Users will get 1 complimentary access per quarter to domestic airport lounges. You need to spend Rs. 15,000 in the preceding calendar quarter to unlock complimentary access for the subsequent calendar quarter.
Fees & Charges
Joining Fee
Rs 1,999, waived off on eligible annual spends of INR 3.5 lakh or more.
Annual Fee
Rs 1,999, waived off on eligible annual spends of INR 3.5 lakh or more.
Cash Advance Fee
2.5% of the cash amount withdrawn (minimum Rs 500)
Interest rate
upto 3.99% p.m (upto 47.88% p.a)
Late Payment Fee
INR 5 to 1300
Foreign Currency Transactions Fee
NIL
Other Fees
Fees & Charges
Joining Fee
Rs 1,999, waived off on eligible annual spends of INR 3.5 lakh or more.
Annual Fee
Rs 1,999, waived off on eligible annual spends of INR 3.5 lakh or more.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
upto 3.99% p.m (upto 47.88% p.a)
Late Payment Fee
INR 5 to 1300
Foreign Currency Transactions Fee
NIL
Other Fees
Special Features
Movie offers on BookMyShow.
Eligibility Criteria
Citizenship: Resident of India.
Age: Between 21 and 60 years old.
Income: Have a regular source of income.
Credit Score: While not explicitly stated, a good CIBIL score was likely needed for approval.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the RBL Bank Platinum Edge :
Go to the RBL Bank website and click on the "Apply for Credit Card" tab.
Select the "RBL Bank Platinum Edge Credit Card " from the list of credit cards.
Enter your personal details, such as your name, date of birth, email address, and mobile number.
Enter your employment details, such as your employer's name, your designation, and your monthly income.
Provide your residential address and your PAN card number.
Upload a scanned copy of your PAN card.
Click on the "Submit" button.
An RBL Bank representative will contact you to verify your details and to complete the application process.
Contact Details
RBL Bank Credit Card Helpline
+91 22 6232 7777
Email: cardservices@rblbank.com
Account Opening and Procedure
The card offers very low cashback rate. The valu add features offered by the card are decent. Overall the card does not have distinctive features that differentiate it from the competition.
The card offers very low cashback rate. The valu add features offered by the card are decent. Overall the card does not have distinctive features that differentiate it from the competition.
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