RBL Bank Edition Credit Card

The Zomato Edition card stands out as a more upscale alternative to the RBL Zomato Edition Classic Credit Card, featuring a reduced annual membership fee and a less extensive rewards program. Both cards utilize Edition Cash as their reward points, with a rate of 10 Edition Cash per Rs. 100 spent on Zomato and Blinkit, and 1 Edition Cash per Rs. 100 on other transactions. Notably, the RBL Edition credit card boasts a higher reward rate.

Primarily designed for dining benefits, the card also extends some advantages in the travel category, offering complimentary lounge access and a lower foreign markup fee for international expenditures. Additionally, cardholders can accrue 2,000 bonus points upon surpassing the milestone spend threshold.

Key Highlights of RBL Bank Edition Credit Card

  1. Zomato Pro membership is complimentary and automatically renews annually.
  2. Earn Reward Points in the form of Edition Cash, where 1 Edition Cash equals Re. 1.
  3. Get 10 Edition Cash for every Rs. 100 spent on Zomato and Blinkit.
  4. Earn 1 Edition Cash for every Rs. 100 spent on all other transactions.
  5. Receive a bonus of 2,000 Edition Cash when you spend Rs. 5,00,000 in an anniversary year.
  6. Enjoy an annual fee waiver by spending Rs. 4,00,000 in the preceding year.
  7. Gain complimentary access to domestic and international lounges.
  8. Benefit from a lower international transaction fee of 1.5%.

Features and Benefits of RBL Bank Edition Credit Card

The RBL Bank Edition Credit Card offers several features and benefits:

1. Spends-Based Waiver: Annual fee waiver available if the cardholder spent Rs. 4,00,000 in the previous year.

2. Milestone Benefits: Earn 2,000 bonus Edition Cash for spending Rs. 5,00,000 in the previous year.

3. Low Foreign Currency Markup Fee: A foreign currency mark-up fee of 1.5% (+GST) applicable on all foreign transactions, significantly lower than the industry standard of around 3.5%.

4. Zero Liability Protection: No liability for transactions reported to the bank; however, the cardholder is responsible for transactions made before reporting.

5. Movie and Dining Benefits:

  • Monthly Buy One Get One Free movie ticket on BookMyShow, with a maximum discount of Rs. 200 per transaction.
  • Complimentary automatic renewal of Zomato Pro membership.
  • Accelerated reward rates: 10X Edition Cash on Zomato, and 2X Edition Cash on food purchases from all other merchants (online and offline).

6. Travel Benefits:

  • 2 complimentary domestic airport lounge accesses per quarter.
  • Priority Pass membership with 2 free international airport lounge visits annually.
  • Foreign currency mark-up fee of 1.5% on transacted amounts, lower than the usual 3.5% charged by other credit cards.

RBL Bank Edition Credit Card Fees and Charges

Explore the fee structure for the RBL Bank Edition Credit Card and discover the financial advantages that come with it.

  1. The card entails both a joining and an annual fee, both amounting to Rs. 2,000.
  2. Spending Rs. 2,50,000 or more in the previous year can result in a waiver of the joining and annual fees.
  3. The card bears an interest rate of 3.99% per month.
  4. For foreign transactions, the card imposes a minimal mark-up of 1.5%.
  5. When withdrawing cash using the RBL Edition credit card, the cardholder is subject to a cash advance fee, which is 2.5% of the amount or Rs. 500, whichever is higher.

Eligibility Criteria for RBL Bank Edition Credit Card

Here are essential criteria for applying for an RBL Bank Edition Credit Card:

  1. Age Requirement: Applicants must be at least 21 years old to qualify.
  2. Income Criteria: A stable and reliable source of income is necessary for eligibility.
  3. Creditworthiness: Applicants should possess a decent credit score to meet the qualification standards.

Documents Required for RBL Bank Edition Credit Card

To apply for the RBL Bank Edition Credit Card, you will typically need to provide the following documents:

  1. Identity Proof options include PAN Card, Aadhar Card, Voter’s ID, Passport, and Driving License.
  2. Address Proof alternatives encompass Utility bills, Aadhar Card, Passport, etc.
  3. Income Proof requirements involve providing either the latest bank statements/salary slips or the latest audited Income Tax Return (ITR) document.

How To Apply for RBL Bank Edition Credit Card?

Follow these steps to apply for the RBL Bank Edition Credit Card:

  1. Access the official website of RBL Bank.
  2. Navigate to the ‘Credit Cards’ section.
  3. Choose the RBL Bank Edition Credit Card.
  4. Click on the “Apply Now” button.
  5. Follow the subsequent steps as directed.

Frequently Asked Questions (FAQs) –

1. What is the RBL Bank Edition Credit Card?

  • The RBL Bank Edition Credit Card is a specialized credit card offered by RBL Bank, featuring unique benefits and privileges.

2. What are the key features of the RBL Bank Edition Credit Card?

  • The card comes with exclusive features such as rewards programs, discounts, and tailored benefits that cater to the needs of the cardholder.

3. How can I apply for the RBL Bank Edition Credit Card?

  • Visit the official RBL Bank website, navigate to the ‘Credit Cards’ section, select the RBL Bank Edition Credit Card, and follow the online application process.

4. What documents are required for the RBL Bank Edition Credit Card application?

  • Typically, you would need proof of identity, address, and income. Specific document requirements may vary, so check the bank’s guidelines during the application process.

5. What is the eligibility criteria for the RBL Bank Edition Credit Card?

  • Eligibility criteria may include factors like age, income, credit score, and employment status. Refer to the bank’s website or contact customer service for specific details.

6. What rewards and benefits come with the RBL Bank Edition Credit Card?

  • The card may offer rewards points, cashback, travel benefits, and exclusive discounts. Check the card’s terms and conditions for detailed information on benefits.

7. How can I check the status of my RBL Bank Edition Credit Card application?

  • RBL Bank usually provides an online portal or a customer service helpline where you can inquire about the status of your credit card application.

8. What is the annual fee for the RBL Bank Edition Credit Card?

  • Annual fees can vary, and some credit cards may have no annual fees. Review the card’s terms and conditions or contact RBL Bank for the most accurate and up-to-date information.

9. Can I upgrade or downgrade my RBL Bank Edition Credit Card?

  • Contact RBL Bank customer service to inquire about the possibility of upgrading or downgrading your credit card based on your needs and eligibility.

10. How do I report a lost or stolen RBL Bank Edition Credit Card?

  • Immediately contact RBL Bank credit card customer care service to report the loss or theft of your credit card. They will guide you through the necessary steps to secure your account.