RBL Bank VCard
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
Milestone Benefit: 4,000 bonus reward points on crossing spends of Rs 1.2 lacs in a year.
Cashback Rate
Users can earn 1 reward point for every INR 100 spent.
Every Wednesday 40 reward points for every INR 100 spent on online orders of Pizza Hut & Domino's, and 20 reward points for every INR 100 spent on groceries on Wednesdays.
1 RP =0.25 paisa.
General cashback rate: 0.25%, effective cashback rate for online orders on Wednesday: 10%, and effective cashback rate for grocery shopping done on Wednesday: 5%.
Movie Benefits
Movie Benefits: 1+1 free movie ticket (Up to Rs 200/-) on BookMyShow once a month for Wednesday shows.
Dining Benefits
Users can earn 1 reward point for every INR 100 spent. Every Wednesday 40 reward points for every INR 100 spent on online orders of Pizza Hut & Domino's, and 20 reward points for every INR 100 spent on groceries on Wednesdays. 1 RP =0.25 paisa. General cashback rate: 0.25%, effective cashback rate for online orders on Wednesday: 10%, and effective cashback rate for grocery shopping done on Wednesday: 5%.
Other Benefits
Zero annual fee for the first year.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
Milestone Benefit: 4,000 bonus reward points on crossing spends of Rs 1.2 lacs in a year.
Cashback Rate
Users can earn 1 reward point for every INR 100 spent.
Every Wednesday 40 reward points for every INR 100 spent on online orders of Pizza Hut & Domino's, and 20 reward points for every INR 100 spent on groceries on Wednesdays.
1 RP =0.25 paisa.
General cashback rate: 0.25%, effective cashback rate for online orders on Wednesday: 10%, and effective cashback rate for grocery shopping done on Wednesday: 5%.
Movie Benefits
Movie Benefits: 1+1 free movie ticket (Up to Rs 200/-) on BookMyShow once a month for Wednesday shows.
Dining Benefits
Users can earn 1 reward point for every INR 100 spent. Every Wednesday 40 reward points for every INR 100 spent on online orders of Pizza Hut & Domino's, and 20 reward points for every INR 100 spent on groceries on Wednesdays. 1 RP =0.25 paisa. General cashback rate: 0.25%, effective cashback rate for online orders on Wednesday: 10%, and effective cashback rate for grocery shopping done on Wednesday: 5%.
Other Benefits
Zero annual fee for the first year.
Lounge Access
None.
Fees & Charges
Joining Fee
s: RBL Bank vCard comes free for the first year
Annual Fee
Annual membership Fees: 500 + GST (from 2nd year) The Membership Fee for the second year is Rs. 1499/-, but is waived off on spends of Rs. 1 lacs or more in the previous year.
Cash Advance Fee
Cash Advance fee: 2.5% of the cash amount withdrawn (minimum Rs 500)
Interest rate
3.99% p.m (upto 47.88% p.a)�
Late Payment Fee
Late Payment fees: Up to Rs.100 - ZeroLate fee. Above Rs.100 -12.5% of total due amount (Max Rs. 1300/-)
Foreign Currency Transactions Fee
Foreign Currency Transaction Fees: 3.5%
Other Fees
Finance charges/ Interest Charges: upto 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: RBL Bank vCard comes free for the first year
Annual Fee
Annual membership Fees: 500 + GST (from 2nd year) The Membership Fee for the second year is Rs. 1499/-, but is waived off on spends of Rs. 1 lacs or more in the previous year.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
3.99% p.m (upto 47.88% p.a)�
Late Payment Fee
Late Payment fees: Up to Rs.100 - ZeroLate fee. Above Rs.100 -12.5% of total due amount (Max Rs. 1300/-)
Foreign Currency Transactions Fee
Foreign Currency Transaction Fees: 3.5%
Other Fees
Finance charges/ Interest Charges: upto 3.99% p.m (upto 47.88% p.a) | Reward Redemption fees: Rs 99 | EMI Processing fees : Rs 199 + GST
Special Features
Users can convert card spending into EMIs conveniently from vthe Card application.
Eligibility Criteria
You must be at least 18 years old
Your minimum income must be from Rs. 1 lakh to Rs. 3 lakhs p.a.
You must be either self-employed or salaried
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the RBL Bank vCard:
Download the vCard app on your mobile phone.
Open the app and provide your basic information, such as your name, email address, and PAN number.
Upload a copy of your PAN card and address proof.
Complete your eKYC by providing your Aadhaar number and biometrics.
Once your application is approved, you will be able to use the vCard app to make payments.
Contact Details
RBL Bank Credit Card Helpline
+91 22 6232 7777
Email: cardservices@rblbank.com
Account Opening and Procedure
The RBL Bank vCard is a decent option for value-conscious individuals who appreciate mobile-based payment and management features. The additional benefits like fuel surcharge waiver and free credit monitoring are attractive. However, the lower reward rate, limited redemption options, and potential customer service concerns are factors to consider.
The RBL Bank vCard is a decent option for value-conscious individuals who appreciate mobile-based payment and management features. The additional benefits like fuel surcharge waiver and free credit monitoring are attractive. However, the lower reward rate, 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