IDBI Bank Royale Signature Credit Card

IDBI Bank Royale Signature credit card stands out as an introductory shopping credit card with no annual membership fee. Despite its simplicity, it offers noteworthy travel perks, including complimentary access to domestic lounges and a personal air accident cover valued at Rs. 25 lakh. Experience convenience without the financial burden.

Key Highlights of IDBI Royale Signature Credit Card

Unlock unparalleled benefits with the IDBI Bank Royale Signature Credit Card.

1. Delightful Rewards:

  • Earn Delight Points on every transaction.
  • 750 Delight Points on first use within 30 days (min Rs. 1,500) or 400 Points between 31-90 days.
  • 3 Delight Points for every Rs. 100 spent.

2. Fuel Surcharge Waiver:

  • 1% waiver at all filling stations for Rs. 400 to Rs. 5,000 transactions (max Rs. 500/month).

3. Travel Benefits:

  • Rs. 25 lakh air travel insurance cover.
  • Complimentary domestic airport lounge access (1 visit/quarter).

4. Security and Convenience:

  • No liability for fraudulent transactions post card loss reporting.
  • Up to two add-on cards for family members, with shared Delight Points and credit limit.

5. Exclusive Visa Offers:

  • Special deals on hotel reservations, car rentals, and airport shopping.

Features and Benefits of IDBI Bank Royale Signature Credit Card

The IDBI Royale Signature Credit Card offers several features and benefits:

1. Welcome Offer:

  • Earn 750 reward points within 30 days of card issuance (min. transaction value Rs. 1500).
  • Or earn 400 points for transactions between 31 and 90 days.

2. Earn While You Spend:

  • Get 3 reward points for every Rs. 100 spent on shopping, travel, dining, and movies.

3. Airport Lounge Access:

  • Enjoy select airport lounges with VISA offer for any airline or class.

4. VISA Offers:

  • Exclusive offers on airport shopping, car rentals, hotels, and travel concierge services.

5. Fuel Surcharge Waiver:

  • 2.5% fuel surcharge waiver for transactions Rs. 400 to Rs. 5,000 at fuel stations.

6. Travel Accident Insurance:

  • Free insurance cover of Rs. 25 lakhs against air travel accidents.

7. Global Acceptance:

  • Accepted at 9 lakh+ merchants in India and 29 million+ worldwide.

8. EMV-Chip and PIN Enabled:

  • Top-level security with EMV chip, safeguarding against fraud and duplication.

9. Interest-Free Period:

  • Enjoy up to 48 days interest-free on purchases.

10. Zero Lost Card Liability:

  • Report lost card to IDBI Bank; no liability for fraudulent transactions post-reporting.

11. Add-On Cards:

  • Extend benefits to family (18+); clubbed reward points with the primary card.

IDBI Royale Signature Credit Card Fees and Charges

Explore the fee structure for the IDBI Bank Royale Signature Credit Card and discover the financial advantages that come with it.

1. Joining Fee:

  • Primary Card: Nil
  • Add-on Card: Nil

2. Annual Fee:

  • Primary Card: Nil
  • Add-on Card: Nil

3. Renewal Fee:

  • Primary Card: Nil
  • Add-on Card: Nil

4. Interest on Revolving Credit Facility:

  • 2.5% per month

5. Cash Advance Fee:

  • 2.5% of the transaction fee or Rs. 500, whichever is higher

6. Interest on Cash Advance:

  • 2.5% per month

7. Late Payment Fees (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

8. Over Limit Charges:

  • 2.5% of the over-limit amount, subject to a minimum of Rs. 500

Eligibility Criteria for IDBI Bank Royale Signature Credit Card

Here are essential criteria for applying for an IDBI Royale Signature Credit Card:

  1. Primary cardholder age: 21 to 60 years (65 for self-employed).
  2. Add-on cardholder age: 18 years and above.
  3. Applicant must be a resident of India.

Documents Required for IDBI Royale Signature Credit Card

To apply for the IDBI Bank Royale Signature Credit Card, you will typically need to provide the following documents:

1. ID Proof Options:

  • Voter ID
  • Passport
  • Driving License
  • PAN card
  • Aadhaar Card

2. Residence Proof Options:

  • Electricity Bill
  • Telephone Bill
  • Election Card
  • Passport
  • Aadhaar Card

3. Income Proof Options:

  • Latest 3 months’ Salary Slip
  • Latest 3 months Bank Statement
  • Income Tax Returns (ITR)
  • Form 16

4. Additional Requirement:

  • Recent Photograph

How to apply for IDBI Bank Royale Signature Credit Card?

Follow these steps to apply for the IDBI Bank Royale Signature Credit Card online:

  1. Visit the official IDBI Bank website to apply for their credit cards.
  2. Submit required documents for processing your application.
  3. Upon approval, the credit card will be delivered to your registered address.

Frequently Asked Questions (FAQs)

1. What is the IDBI Bank Royale Signature Credit Card?

The IDBI Bank Royale Signature Credit Card is a premium credit card offering a range of exclusive benefits, rewards, and privileges to its cardholders. It is designed to cater to the financial needs and lifestyle preferences of high-net-worth individuals.

2. What are the key features of the IDBI Bank Royale Signature Credit Card?

The key features include complimentary airport lounge access, rewards program, concierge services, insurance coverage, and exclusive offers on travel, dining, and lifestyle.

3. How can I apply for the IDBI Bank Royale Signature Credit Card?

You can apply for the IDBI Bank Royale Signature Credit Card through the bank’s official website, by visiting a branch, or by contacting the bank’s customer service.

4. What is the eligibility criteria for the IDBI Bank Royale Signature Credit Card?

Eligibility criteria may include a minimum income requirement, a good credit score, and other factors. Specific details can be obtained from the bank’s website or customer service.

5. What is the rewards program associated with the IDBI Bank Royale Signature Credit Card?

The rewards program allows cardholders to earn points on their card transactions, which can be redeemed for a variety of rewards such as travel vouchers, merchandise, and more.

6. Is there an annual fee for the IDBI Bank Royale Signature Credit Card?

Details regarding annual fees, joining fees, and other charges can be found on the bank’s official website or by contacting their customer service.

7. How does the complimentary airport lounge access work with this credit card?

Cardholders are entitled to complimentary access to airport lounges globally. Details on the number of visits, participating lounges, and any associated terms can be found in the credit card documentation.

8. What insurance coverage is provided with the IDBI Bank Royale Signature Credit Card?

The credit card may offer insurance coverage, including travel insurance, medical insurance, and other benefits. Cardholders are advised to review the insurance policy documents for specific details.

9. How can I check my IDBI Bank Royale Signature Credit Card statement?

Cardholders can check their credit card statements through the bank’s online banking portal, mobile app, or by receiving physical statements. Instructions for accessing statements are provided by the bank.

10. What should I do if my IDBI Bank Royale Signature Credit Card is lost or stolen?

In case of loss or theft, it is essential to immediately contact the bank’s customer service helpline to report the incident. The bank will guide you through the process of blocking the card and issuing a replacement.