RBL Bank Platinum Maxima Credit Card

RBL Bank, known as a leading commercial bank in the nation, serves around 1 million clients. Among its various services, it provides credit cards packed with benefits and rewards. Specifically, the RBL Platinum Maxima Card is ideal for those wanting personalized services matching their lifestyle needs.

Key Highlights of RBL Bank Platinum Maxima Credit Card:

  1. Tailored Lifestyle Benefits: Customized services to suit individual preferences and needs.
  2. Rewarding Features: Offers a range of rewards and perks for cardholders.
  3. Comprehensive Insurance: Includes travel and accident insurance coverage.
  4. Dining and Entertainment Benefits: Discounts and offers at select restaurants and entertainment venues.
  5. Fuel Surcharge Waiver: Savings on fuel expenses with a surcharge waiver.
  6. Concierge Services: Access to premium concierge services for assistance and reservations.
  7. Contactless Payments: Convenient and secure contactless payment options.
  8. Lounge Access: Enjoy exclusive entry to airport lounges, enhancing your travel with a touch of luxury at no extra cost.

Features and Benefits of RBL Bank Platinum Maxima Credit Card

  1. Welcome Benefits:
    When you make your first payment within the initial 30 days, you’ll receive a generous welcome offer of 8,000 Bonus Reward Points.
  2. Reward Points:
    For every Rs.100 you spend, you’ll accumulate 2 Reward Points, giving you valuable rewards with your purchases.
  3. Airport Lounge Access:
    Enjoy the privilege of 2 complimentary visits to domestic lounges at major airports in India every calendar quarter, enhancing your travel experience.
  4. Movie Benefits:
    Each month, upon purchasing a movie ticket via BookMyShow, you’ll be gifted a complimentary ticket valued at up to Rs. 200. This offer ensures you can relish a movie night out without spending extra.
  5. Annual Spends Bonus:
    As you spend Rs.2 lakh or more in a year, you’ll earn 10,000 reward points as an annual bonus. Once your annual spending hits Rs.3.5 lakh, you’ll unlock an extra 10,000 Bonus Reward Points, adding even more value to your rewards.
  6. Accelerated Reward Points:
    Boost your rewards by earning 10 points for every Rs.100 spent across dining, entertainment, utility bills, fuel, and international transactions. Note that this is capped at a maximum of 1,000 Reward Points per transaction.

RBL Bank Platinum Maxima Credit Card Fees and Charges

  1. Annual Fee: The annual fee for this credit card is Rs.2,000.
  2. Finance Charges (Retail and Cash): The Annual Percentage Rate (APR) for finance charges on both retail purchases and cash advances can go up to 3.99% per month, which equals an annual rate of 47.88%.
  3. Cash Advance Transaction Fee: When withdrawing cash using this credit card, you will be charged a fee of 2.5% of the cash amount, with a minimum charge of Rs.500.
  4. Overdue Penalty / Late Payment Fee: If you miss a payment or make a late payment, you will be subject to a late payment fee, which is 15% of the total amount due, with a minimum of Rs.50 and a maximum of Rs.1,250.
  5. Over Limit Penalty: A penalty of Rs.600 will be applied if you exceed your credit limit.
  6. Cash Payment at Branches: When opting for a cash deposit at an RBL Bank branch, there is a Rs.250 fee applicable.
  7. Surcharge on Purchase / Cancellation of Railway Tickets: When purchasing or canceling railway tickets, additional charges may apply. These charges include IRCTC service charges and a payment gateway transaction charge of up to 1.8% of the ticket amount plus the IRCTC service charge.
  8. Fuel Transaction Charge: When making transactions at petrol pumps to purchase fuel, a surcharge of 1% of the fuel transaction value or Rs.10, whichever is higher, will be levied.
  9. Foreign Currency Transaction: For transactions made in foreign currencies, a fee of up to 3.5% will be applied.

Eligibility criteria for the RBL Bank Platinum Maxima Credit Card

  1. Occupation: This lending initiative welcomes both salaried workers and self-employed professionals to apply.
  2. Minimum Income Requirement:
  • Salaried Applicants: To be eligible for this loan, employed individuals need to earn a monthly salary of more than Rs. 45,000.
  • Self-Employed Applicants: Self-employed individuals are also eligible for this loan, provided their monthly income is greater than Rs. 45,000.

Documents Required for RBL Bank Platinum Maxima Credit Card

1. Proof of Identity (Any One of the Following):

  • Passport
  • Aadhar card
  • Voter ID
  • Driving license
  • PAN card

2. Proof of Address (Any One of the Following):

  • A utility bill, encompassing electricity, water, or gas expenses, should be recent, not exceeding three months from the current date.
  • Passport
  • Aadhar card
  • Voter ID
  • Driving license
  • Rental agreement

3. Income Proof (Any One of the Following):

  • Pay stubs covering the past three months (applicable to those employed on salary).
  • Income tax returns (ITR) for the last 2 years (for self-employed individuals)
  • Bank statements for the last 3 to 6 months
  • Passport-sized Photographs: Typically, you may need 2-3 recent passport-sized color photographs.

4. Duly Filled Application Form: To apply for a credit card from RBL Bank, you must fill out their specific application form.

How to apply for RBL Bank Platinum Maxima Credit Card

To request the RBL Bank Platinum Maxima Credit Card via the internet, simply adhere to these clear-cut instructions:

  1. Begin by visiting the official RBL Bank website at https://www.rblbank.com/.
  2. On the website’s homepage, navigate to the ‘Credit Cards’ section.
  3. Find the ‘Apply Now’ button in the ‘Credit Cards’ area, then give it a click.
  4. From the list of available credit cards, select the RBL Bank Platinum Maxima Credit Card and click on the ‘Apply Now’ button once more.
  5. You’ll receive guidance to fill out an application form attentively.
  6. Ensure that you diligently fill out all the necessary details and complete any formalities as instructed on the website.

Frequently Asked Questions (FAQs) –

1. What is the RBL Bank Platinum Maxima Credit Card?

The RBL Bank Platinum Maxima Credit Card stands as a distinguished choice among premium credit cards. Tailored to elevate cardholders’ experiences, it boasts an array of perks including reward points, cashback incentives, access to airport lounges, and additional privileges. This card is crafted to cater to diverse lifestyle needs, ensuring an unparalleled level of satisfaction for its users.

2. How can I apply for the RBL Bank Platinum Maxima Credit Card?

You can apply for the RBL Bank Platinum Maxima Credit Card online through the official RBL Bank website or by visiting a nearby RBL Bank branch. The application process typically involves submitting personal and financial information for evaluation.

3. What are the key features of the RBL Bank Platinum Maxima Credit Card?

Some key features include:

  • Get rewarded with points every time you make a transaction.
  • Cashback: Enjoy cashback on specific categories.
  • Lounge Access: Enjoy access to airport lounges nationwide.
  • Insurance Coverage: Avail insurance coverage on travel and other categories.
  • Fuel Surcharge Waiver: Benefit from fuel surcharge waivers at designated petrol pumps.

4. How does the reward points system work?

Cardholders earn reward points for every eligible transaction made using the RBL Bank Platinum Maxima Credit Card. These points can be redeemed for a variety of options, including merchandise, vouchers, and travel bookings.

5. What is the annual fee for the RBL Bank Platinum Maxima Credit Card?

The annual fee and other charges associated with the card are subject to change. It’s recommended to check the latest fee structure on the official RBL Bank website or by contacting RBL Bank customer support.

6. Can I convert my purchases into easy monthly installments (EMIs) with this credit card?

Certainly! The RBL Bank Platinum Maxima Credit Card provides you with the option to transform substantial purchases into manageable EMIs, featuring appealing interest rates. For detailed terms and conditions, it’s advisable to consult the bank directly.

7. What steps should I take to review my credit card statement and monitor my spending?

Cardholders can easily access their credit card statements through the RBL Bank online portal or mobile app. The statements provide a detailed overview of transactions, outstanding balances, and due dates.

8. If your RBL Bank Platinum Maxima Credit Card goes missing, what steps should you take to address the situation?

If your card is lost or stolen, reach out to RBL Bank’s customer care hotline right away. They’ll swiftly block the card to thwart any unauthorized transactions and arrange for a replacement.

9. Does this credit card have a maximum limit for cash withdrawals?

Yes, the RBL Bank Platinum Maxima Credit Card allows cash withdrawals up to a certain limit, which is a percentage of the total credit limit. Cash withdrawals may be subject to fees and interest rates.

10. How might I reach out to RBL Bank’s customer support team for any inquiries or help?

You can contact RBL Bank customer support through their toll-free number, email, or by visiting a nearby RBL Bank branch. The contact details are available on the official RBL Bank website.