IDBI Royale Signature Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 750 Delight Points on first usage of the card within 30 days or 400 Delight Points on usage between 31 to 90 days from the card issuance date. The minimum eligible transaction value for the welcome gift is Rs 1,500.
Milestone Benefits
Cashback Rate
The value of 1 Delight Point = 0.25 Paisa.
Users will get 3 points for every Rs. 100 spent. Effective cashback rate: 0.75%.
Movie Benefits
Dining Benefits
Other Benefits
Fuel surcharge waiver. Air travel accident insurance cover of Rs. 25 lakh. Users can enjoy interest-free credit of up to 48 days.; Fuel surcharge waiver option is available.; Users will get an air travel accident insurance cover worth Rs Rs 25 Lakhs.; Globally accepted card.; Zero lost card liability.; Add-on card facility is available.
Lounge Access
Domestic airport lounge access facility is available. ( 1 per quarter.); Customers will be eligible for exclusive offers on airport shopping, hotel, car rentals etc.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 750 Delight Points on first usage of the card within 30 days or 400 Delight Points on usage between 31 to 90 days from the card issuance date. The minimum eligible transaction value for the welcome gift is Rs 1,500.
Milestone Benefits
Cashback Rate
The value of 1 Delight Point = 0.25 Paisa.
Users will get 3 points for every Rs. 100 spent. Effective cashback rate: 0.75%.
Movie Benefits
Dining Benefits
Other Benefits
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Lounge Access
Domestic airport lounge access facility is available. ( 1 per quarter.); Customers will be eligible for exclusive offers on airport shopping, hotel, car rentals etc.
Fees & Charges
Joining Fee
Nil
Annual Fee
Nil
Cash Advance Fee
Cash Advance Fee: 2.5% of transaction fee or Rs. 500/-, whichever is higher
Interest rate
2.5% per month i.e. 30.00% p.a.
Late Payment Fee
Late Payment Fess (Per occasion, Based on amount due)< = Rs. 500 – Nil > Rs.500 to <= Rs. 5000 – Rs.400 > Rs.5000 to < = Rs. 10000 - Rs.500 > Rs.10000 to < = Rs. 20000 - Rs.750 > Rs.20000 – Rs.950
Foreign Currency Transactions Fee
Foreign Currency Transactions mark- up 3.5%
Other Fees
Interest on Cash Advance; 2.5% (p.m.) | Rewards Points Redemption Fee: Nil
Fees & Charges
Joining Fee
Nil
Annual Fee
Nil
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
2.5% per month i.e. 30.00% p.a.
Late Payment Fee
Late Payment Fess (Per occasion, Based on amount due)< = Rs. 500 – Nil > Rs.500 to <= Rs. 5000 – Rs.400 > Rs.5000 to < = Rs. 10000 - Rs.500 > Rs.10000 to < = Rs. 20000 - Rs.750 > Rs.20000 – Rs.950
Foreign Currency Transactions Fee
Foreign Currency Transactions mark- up 3.5%
Other Fees
Interest on Cash Advance; 2.5% (p.m.) | Rewards Points Redemption Fee: Nil
Special Features
Get rewards on all spends without restrictions.
Eligibility Criteria
Resident of India and should be in the age bracket of 21 years to 60 years (65 years for self-employed).
The add-on card holder should be 18 years and above.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Gather the required documents.
The required documents are: A recent passport-size photograph Proof of identity (any of the following): Voter ID, passport, driving license, PAN card, Aadhaar card Proof of residence (any of the following): Electricity bill, telephone bill, Aadhaar card, passport Proof of income (any of the following): Latest 3 months' salary slip, latest 3 months bank statement, income tax returns (ITR)/Form 16
You can apply for the card online through the IDBI Bank website. To do this, follow these steps:
Go to the IDBI Bank website and click on the "Credit Cards" tab.
Click on the "Apply for a Credit Card" button.
Select the "Royale Signature Credit Card" from the list of cards.
Enter your personal details and contact information.
Upload the required documents.
Submit your application.
Wait for the approval.
The bank will review your application and let you know the status within a few days.
If your application is approved, you will receive the card within 7-10 working days.
Contact Details
Call on our Phone Banking numbers - Toll Free -
1800 425 7600
Non Toll Free -
022 4042 6013 (24x7 service)
Account Opening and Procedure
The IDBI Bank Royale Signature Credit Card is a tempting option for high-flying spenders and frequent travelers who value unlimited airport lounge access, comprehensive travel insurance, and top-tier rewards across most categories. The generous welcome bonus, fuel surcharge waiver, complimentary add-on cards, and movie ticket benefits add further value. However, the hefty annual fee, limited network, limited redemption options, and potentially lower point value might not be ideal for moderate spenders or those seeking wider network coverage, diverse benefits, or the highest possible point value redemption.
The IDBI Bank Royale Signature Credit Card is a tempting option for high-flying spenders and frequent travelers who value unlimited airport lounge access, comprehensive travel insurance, and top-tier rewards across most categories. The generous welcome bonus, fuel surcharge waiver, complimentary add-on cards, and movie ticket benefits add further value. However, the hefty annual fee, limited network, limited redemption options, and potentially lower point value might not be ideal for moderate spenders or those seeking wider network coverage, diverse benefits, or the highest possible point value redemption.
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