RBL Bank Insignia Preferred Banking World Card

The Insignia Preferred Banking World Card offered by RBL Bank is an exclusive card designed specifically for the bank’s Insignia Preferred members. To apply for this prestigious card, individuals are required to get in touch with their dedicated relationship manager. As a special privilege, the card is provided to Insignia Preferred Banking members at no cost, and it offers a range of premium benefits.

This card offers a unique set of benefits. Firstly, it includes a complimentary Priority Pass membership, providing access to airport lounges globally. Furthermore, cardholders benefit from a dedicated concierge service for assistance with tasks and reservations. Additionally, enticing perks await, with discounts and offers available for both dining and movie experiences.

When aiming to accumulate rewards, the Insignia Preferred Banking World Card shines. It offers a lucrative deal for international purchases, earning 10 Reward Points for every Rs. 100 spent, and for domestic transactions, it grants 5 Reward Points per Rs. 100 spent.

Beyond these financial advantages, cardholders can immerse themselves in an array of lifestyle benefits. This includes a generous Rs. 500 discount on movie tickets when booking through BookMyShow, as well as exclusive discounts at select dining establishments. Golf enthusiasts will also appreciate the opportunity to enjoy golf games and sessions at premium golf courses across the country.

Key Highlights of RBL Bank Insignia Preferred Banking World Card

  • Annual Fees: None
  • Ideal for: Premium Travel Enthusiasts
  • Get 5 Reward Points per Rs. 100 on local purchases and 10 Reward Points per Rs. 100 on overseas purchases.
  • Enjoy a Complimentary Priority Pass Membership with 6 free visits per year.
  • Receive 2 complimentary domestic lounge visits every calendar quarter.
  • Enjoy a monthly Rs. 500 discount on movie tickets purchased through BookMyShow.
  • Receive complimentary rounds of golf throughout the year, including one golf lesson per month and a 50% discount on green fees.
  • Gain access to an exclusive number for direct communication with your relationship manager to fulfill any and all requirements.

Features and Benefits of RBL Bank Insignia Preferred Banking World Card

Obtain a Priority Pass Membership to access an array of unique perks that elevate your travel and leisure adventures.

  1. Global Lounge Access: Enjoy six complimentary lounge visits worldwide each year, providing a comfortable and relaxing space during your travels.
  2. Concierge Services: Access our concierge services for assistance in securing referrals or making reservations at various establishments such as golf courses, hotels, car rentals, and limousine services.
  3. Golf Enthusiast’s Delight: Receive the perk of one free golf round per month, complete with a golf lesson, allowing you to hone your skills and indulge in your passion for the sport.
  4. Cinematic Savings: Get a monthly Rs. 500 discount on movie tickets when you book through BookMyShow. This offer guarantees you can catch the newest films without overspending.
  5. Exclusive Event Access: Gain entry to an array of world-class events and concerts, with ongoing updates on offers for both local and international events.
  6. Tailored Dining Experiences: Indulge in tailored hospitality and distinctive adventures at our partnered eateries, which boast esteemed names such as Sassy Spoon Mumbai, House of Mandarin, Pizza Express, and many others.
  7. Savings on Dining: Enjoy discounts of up to 50% when dining at our partner restaurants, allowing you to relish delectable meals while saving significantly.

With Priority Pass Membership, your year ahead promises an array of privileges that enhance your lifestyle, travel, and leisure activities.

RBL Bank Insignia Preferred Banking World Card Fees and Charges

  1. Annual/Joining Fee: There is no annual or joining fee associated with this credit card.
  2. Foreign Transaction Mark-up Fee: When making transactions in a foreign currency, a foreign transaction mark-up fee of 3.50% will be applied to the transaction amount.
  3. Finance Charges: Finance charges may apply to outstanding balances on the credit card account. These charges can be as high as 3.99% per month, which translates to an annual interest rate of 47.88%.
  4. Late Payment Fee: In the event of a late payment, a fee equal to 12.5% of the outstanding amount will be charged. However, there is a minimum late payment fee of Rs. 5, and the maximum late payment fee is capped at Rs. 1,300.

Eligibility criteria for the RBL Bank Insignia Preferred Banking World Card

The RBL Insignia Preferred Banking World Card is solely offered to clients who are part of the RBL Insignia Preferred Banking program. To qualify as an Insignia Preferred Banking client, individuals must satisfy one of the following criteria:

  • Maintain a total relationship value of at least Rs. 30 lakh per month. This figure represents the total amount of money held in Savings Accounts, Term Deposits, and various other investment vehicles.

OR

  • Maintain an Average Monthly Balance of Rs. 10 lakh or higher in a Current Account.

Documents Required for RBL Bank Insignia Preferred Banking World Card

When applying for this credit card, you will receive a notification detailing the necessary documents needed to complete your application. Below is a list of some of the standard documents that may be required:

1. A recent passport-sized photograph.

2. Proof of identity (Choose one from the following options):

  • Passport
  • PAN Card
  • Voter’s ID
  • Any Government-issued Photo ID

3. Proof of address (Choose one from the following options):

  • Rental Agreement
  • Electricity/Phone/Utility Bill
  • Driving License
  • Passport
  • The most recent statement from a different bank or credit card issuer.

These papers are crucial for guaranteeing a seamless and effective handling of your credit card request. Please refer to the specific notification provided to you during the application process for the complete list of required documents.

How to apply for RBL Bank Insignia Preferred Banking World Card

To request the RBL Bank Insignia Preferred Banking World Card, simply adhere to these steps:

1. Check Eligibility:
Ensure that you meet the eligibility criteria for this card. As previously stated, to meet the eligibility criteria, you need to either possess a combined relationship value of Rs. 30 lakh per month or uphold an Average Monthly Balance of Rs. 10 lakh or above in a Current Account held with RBL Bank.

2. Gather Required Documents:
Prepare the necessary documents that will be required during the application process. Commonly requested documents may include:

  • Proof of identity (Aadhar card, passport, driver’s license, etc.)
  • Verification of residency (such as utility bills or rental agreements)
  • Proof of income (salary slips, IT returns, bank statements, etc.)
  • Passport-sized photographs

3. Visit the Nearest RBL Bank Branch:
Locate the nearest RBL Bank branch or visit their official website to find the application form for the Insignia Preferred Banking World Card.

4. Complete the Application Form:
Complete the application form diligently, ensuring every section is filled with precise and current details. Supply all necessary information, encompassing personal particulars, financial data, and contact information.

5. Attach Supporting Documents:
Along with the application form, submit the necessary documents mentioned in step 2. Ensure that all documents are legible and authentic.

6. Application Processing:
Hand over your application form and accompanying documents directly to the bank personnel stationed at the branch. Following submission, your application undergoes a thorough review process, which might include a credit assessment by the bank.

7. Wait for Approval:
The bank will review your application and, should it be accepted, they’ll inform you of its status. Please understand that this assessment might require some time, so your patience is appreciated.

8. Receive Your Card:
Once your application is approved, you will receive your RBL Bank Insignia Preferred Banking World Card at the address you provided during the application process.

9. Activate Your Card:
To get your card up and running, follow the activation instructions that come with it. Usually, you’ll need to dial a specific phone number and then follow the steps given over the phone.

10. Start Using Your Card:
After activation, you can start using your RBL Bank Insignia Preferred Banking World Card for various financial transactions, both locally and internationally.

If you have any specific questions or need assistance during the application process, it’s recommended to reach out to RBL Bank’s customer support or visit their official website for additional guidance and contact information.

FAQs:

1. Can you tell me about the RBL Bank Insignia Preferred Banking World Card?

The RBL Bank Insignia Preferred Banking World Card caters specifically to affluent clients, furnishing a spectrum of elite advantages, perks, and tailored amenities.

2. How do I go about applying for the RBL Bank Insignia Preferred Banking World Card?

To get the RBL Bank Insignia Preferred Banking World Card, you can either go to the RBL Bank website or reach out to their customer service. You’ll need to submit necessary documents and fulfill the eligibility standards as part of the application procedure.

3. What are the key features of the Insignia Preferred Banking World Card?

The card comes with a host of features, including but not limited to high credit limits, accelerated reward points, exclusive lifestyle privileges, airport lounge access, and personalized concierge services.

4. What are the eligibility criteria for this credit card?

The qualifications for eligibility can differ, yet typically, candidates ought to possess a substantial income, a favorable credit rating, and fulfill additional financial standards specified by RBL Bank. It’s prudent to verify the precise eligibility criteria when applying.

5. Can I get add-on cards for my family members with the Insignia Preferred Banking World Card?

Yes, the Insignia Preferred Banking World Card often allows you to get add-on cards for your family members. This way, they can also enjoy the benefits and privileges associated with the card.

6. How does the rewards program work for this credit card?

The Insignia Preferred Banking World Card offers a rewards system wherein you accumulate points with each transaction. These points are versatile, redeemable for an array of benefits such as travel perks, shopping discounts, and lifestyle vouchers.

7. What kind of travel benefits does the card offer?

RBL Bank offers cardholders a range of perks for travelers, such as access to airport lounges, travel insurance, and various other privileges. It’s important to check the terms and conditions provided by the bank to understand the specifics of these benefits, as they can differ.

8. Is there an annual fee associated with the Insignia Preferred Banking World Card?

Yes, the card usually comes with an annual fee. The specific fee structure can be found on the RBL Bank website or in the card’s terms and conditions.

9. How can I reach out to customer support regarding questions about the Insignia Preferred Banking World Card?

To reach out to RBL Bank’s customer service, you have a couple of options. Firstly, you can dial the phone number listed on their website or drop by your nearest RBL Bank branch. Alternatively, you’ll often find customer service contact information conveniently located on the back of your credit card.

10. What safeguards are implemented to ensure the security of my Insignia Preferred Banking World Card?

The card usually boasts cutting-edge security measures, such as chip and PIN technology, SMS notifications for transactions, and policies that safeguard against unauthorized charges with zero-liability coverage. It’s wise to thoroughly examine the security protocols detailed in the cardholder agreement.