RBL Bank Monthly Treats Credit Card

The RBL Bank Monthly Treats Credit Card is crafted to provide users with a plethora of perks and incentives tailored to their daily expenses, ensuring a rewarding experience with every swipe. This credit card provides users with incentives such as 10% cashback on groceries, discounts on popular platforms like BookMyShow and Swiggy, and the opportunity to earn Reward Points for online transactions. Additionally, it features a waiver of the monthly fee if a minimum spending threshold is met, as well as a fuel surcharge waiver of up to ₹100 per month. In essence, the RBL Bank Monthly Treats Credit Card is designed to elevate both the shopping and dining endeavors of its holders, all the while presenting enticing financial benefits.

Key Highlights of RBL Bank Monthly Treats Credit Card

  1. When you spend ₹3,000 within a month, you become eligible for a 10% cashback on your monthly grocery purchases. Additionally, if you meet this spending threshold, the next month’s fee of ₹50 will be waived.
  2. If you spend ₹5,000 in a month, you unlock a 10% cashback on transactions made on platforms such as BookMyShow, Swiggy, and utility bill payments. Furthermore, for every ₹100 spent on online purchases, you earn 2 Reward Points. Please be aware that buying fuel won’t earn you Reward Points, but you’ll still gather 1 Reward Point for all other purchases.
  3. Moreover, you can benefit from a fuel surcharge waiver of up to ₹100 per month, making it even more rewarding to use this card for your daily expenses.

Features and Benefits of RBL Bank Monthly Treats Credit Card

The RBL Bank Monthly Treats Credit Card offers a variety of features and benefits designed to enhance the cardholder’s overall shopping and dining experience:

  1. Grocery Cashback: Cardholders can enjoy a 10% cashback on their monthly grocery expenses, making it an attractive option for those who regularly shop for groceries.
  2. Fee Waiver: If the cardholder spends ₹3,000 in a month, the following month’s fee of ₹50 is waived off, providing an opportunity for cost savings.
  3. Dining and Entertainment Benefits: Cardholders can unlock a 10% cashback on transactions made on popular platforms such as BookMyShow and Swiggy, making it ideal for those who frequently dine out or book entertainment tickets online.
  4. Reward Points: Users can earn 2 Reward Points for every ₹100 spent on online purchases, which can be redeemed for various rewards or discounts.
  5. Fuel Surcharge Waiver: The card offers a maximum fuel surcharge waiver of up to ₹100 per month, helping to reduce the cost of fuel expenses.
  6. Wide Acceptance: RBL Bank credit cards are widely accepted both online and offline, ensuring that cardholders can use their card at various merchants and e-commerce websites.
  7. Additional Features: Based on the precise terms outlined, the card could provide additional perks like access to airport lounges, insurance for travel, and special discounts at affiliated stores.
  8. EMI Options: Cardholders can convert their high-value purchases into easy monthly installments (EMIs) for added convenience.
  9. Online Account Management: RBL Bank offers convenient online account management services, enabling cardholders to monitor their spending, settle bills, and oversee their accounts conveniently from home.

RBL Bank Monthly Treats Credit Card Fees and Charges

1. Monthly Membership Fee:

  • The Credit Card in question carries a monthly membership fee of INR 75, to which GST (Goods and Services Tax) will be added.

2. Free Membership Offer:

  • To receive a free month of membership, simply use this credit card to make purchases totaling INR 3,000 or more within one month.

3. Reward Points Redemption Fee:

  • Effective from August 15, 2022, there is a reward redemption fee applicable when redeeming the reward points accumulated on RBL Bank Credit Cards.
  • The reward redemption fee is INR 99, and GST will be added to this amount.
  • Please be aware that this charge applies to every redemption made within a single day.

Eligibility criteria for the RBL Bank Monthly Treats Credit Card

  1. Age: Applicants are usually required to be within a certain age range, often between 21 to 65 years old. This age limit may vary based on the bank’s policies.
  2. Income: Nearly all credit cards, such as the RBL Bank Monthly Treats Credit Card, stipulate minimum income criteria. Prospective users generally need to meet a specified monthly or yearly income threshold to qualify for the card. The precise income threshold may differ.
  3. Credit Score: A good credit history and credit score are generally important factors in credit card approval. A higher credit score is more likely to result in approval and may also determine the credit limit assigned to the card.
  4. Nationality/Residency: Some credit cards may be available only to Indian citizens or residents, so applicants may need to provide proof of nationality or residency.
  5. Employment Status: Applicants may need to be salaried or self-employed individuals with a stable source of income. Employment details and documentation may be required.
  6. Existing Relationship with the Bank: If you already have a connection with RBL Bank, like holding a savings account or possessing other credit cards from them, it could boost your chances of approval and eligibility.

Documents Required for RBL Bank Monthly Treats Credit Card

Ensuring a smooth application process for your card requires you to submit the required documents once you meet the eligibility criteria. The following documents are typically required:

  • Address Proof:
  1. Passport
  2. Voter ID
  3. Ration Card
  4. Aadhaar Card
  • Proof of Identity:
  1. Passport
  2. Driving License
  3. Aadhaar Card
  • Income Proof:
  1. Income Tax Returns
  2. Salary Slip
  3. Form 16

Please note that the list provided above serves as a general guideline and may not be exhaustive. Depending on specific circumstances and the bank’s requirements, additional documents may be requested during the application process.

How to apply for RBL Bank Monthly Treats Credit Card

To request an RBL Bank Monthly Treats Credit Card, here are the basic steps you need to follow. Keep in mind that the application process may change over time, so it’s a good idea to visit the official RBL Bank website or contact the bank directly for the most up-to-date information:

1. Check Eligibility:

  • Head over to the RBL Bank site and locate the section dedicated to the Monthly Treats Credit Card.
  • Take a look at the eligibility requirements for the card, which usually involve aspects such as age, income, and credit history. Make certain that you meet these requirements prior to proceeding.

2. Choose the Card Variant:

  • RBL Bank provides a range of Monthly Treats Credit Card options, each tailored to various needs and preferences. Select the option that precisely meets your needs.

3. Prepare Documents:

  • Gather the necessary documents, which may include proof of identity, proof of address, income documents, and passport-sized photographs. You can either check the bank’s website or reach out to them directly for a comprehensive list of the documents needed.

4. Online Application:

  • Head over to the RBL Bank’s official website and find the online application form specifically designed for the Monthly Treats Credit Card.
  • Input all necessary details accurately without any omission, ensuring you furnish comprehensive information, covering personal, contact, and financial particulars.

5. Upload Documents:

  • Scan or photograph the necessary documents and upload them as part of your online application. Ensure that the documents are easily readable and understandable, without any ambiguity or illegibility.

6. Review and Submit:

  • Double-check all the information you’ve provided on the application form to ensure accuracy.
  • Once you are satisfied with the details, submit the online application.

7. Application Processing:

  • Once you’ve sent in your application, the bank will examine it thoroughly. If necessary, they might reach out to you for more details or documents. Additionally, they’ll conduct a credit check to gauge your financial reliability.

8. Approval and Card Issuance:

  • If your application is approved, you will receive an approval notification from RBL Bank.
  • The bank will issue your Monthly Treats Credit Card, and it will be sent to your registered mailing address.

9. Activate Your Card:

  • To activate the card, follow the instructions given either by dialing a specific phone number or by accessing online banking services.

10. Enjoy the Benefits:

  • Once your card is activated, you can start using it to make purchases and avail of the benefits and rewards associated with the RBL Bank Monthly Treats Credit Card.

FAQs:

Q. What does the RBL Bank Monthly Treats Credit Card offer?

A. The RBL Bank Monthly Treats Credit Card is designed for dining and entertainment enthusiasts, providing exclusive benefits and rewards. Cardholders can enjoy discounts, cashbacks, and privileges at partner restaurants and entertainment venues.

Q. How do I apply for the RBL Bank Monthly Treats Credit Card?

A. You can apply online through the RBL Bank website or visit a nearby branch. Simply submit required documents and meet eligibility criteria to complete the process.

Q. What are the main features of this credit card?

A. Key features include dining and entertainment perks, cashback offers, reward points, milestone rewards, and zero liability for lost cards, all aimed at enhancing the dining and entertainment experience.

Q. Are there annual fees for this credit card?

A. Yes, there might be annual fees. Check the latest fee structure on the official website or contact customer service for updated information.

Q. What dining and entertainment benefits does it offer?

A. Enjoy discounts, cashbacks, and special access at partner restaurants and entertainment venues, enhancing your overall experience.

Q. How do I earn reward points?

A. Earn points on eligible transactions, which can be redeemed for vouchers, merchandise, or statement credit.

Q. Can I convert purchases into EMIs?

A. Yes, high-value purchases can often be converted into EMIs with attractive interest rates. Check with the bank for details.

Q. Does it support contactless payments?

A. Yes, the card offers contactless payment for quick and secure transactions.

Q. How do I check my statement and rewards balance?

A. Access your statement and rewards balance through the RBL Bank online portal or mobile app, and receive monthly statements via email.

Q. In the event of misplacing or having your card stolen, what steps ought to be taken?

A. Immediately report it to customer service to block the card and arrange for a replacement, ensuring the security of your account.