RBL Bank Launches NEW Co-Branded Credit Cards with IRCTC and IndianOil

RBL Bank has added three new and rewarding co-branded credit cards to its extensive range. One of these cards has been launched in association with IRCTC, while the other two were launched in partnership with IndianOil. At first glance and by the associated partners, these credit cards are most rewarding for travel and fuel categories. Let’s have a quick at these new credit cards.

IndianOil RBL Bank XTRA Credit Card

IndianOil RBL Bank XTRA Credit Card is available at a joining/annual charge of ₹1,500 + GST. This card is the more premium of the two new IndianOil RBL co-branded credit cards. It offers up to 8.5% value back at IndianOil stations. One fuel Point is valued at ₹0.5.

• 3,000 Fuel Points as a welcome benefit.
• Get accelerated 15 Fuel Points/₹100 spent at IOCL stations.
• Fuel surcharge waiver upto ₹200 per month.
• 2 Fuel Points/₹100 on all other eligible spends.
• Earn 1,000 Fuel Points on quarterly spends of ₹75,000 or more.
• Spend ₹2.75 lakh annually to waive the yearly credit card charges.
• Since this card is available on the RuPay network, one can easily make UPI payments with it.

IRCTC RBL Bank Credit Card

The IRCTC RBL Bank Credit Card has a low joining cost of ₹500. It is most suited for daily commuters and travelers. In addition to a rewarding structure for travel spends, this card offers privileges such as two complimentary railway lounge visits each quarter. Here are more details on the rewards offered by this card.

• 5 Reward Points/₹200 spent on IRCTC train bookings.
• 3 Reward Points/₹200 spent on FASTag recharge from RBL Bank Digital Channels.
• 1 Reward Point/₹200 spent on all other eligible transactions.
• 2 Reward Points/₹200 spent on flight, hotel, or cruise bookings made through the IRCTC Website or Mobile App
• ₹5,000 worth of train cancellation protection.

Reward Points can be redeemed on IRCTC. 1 Reward Point = ₹1.

IndianOil RBL Bank Credit Card

The IndianOil RBL Bank Credit Card offers a 6% value back on fuel spends at IndianOil stations. This card has a joining and annual charge of ₹500. On activating and making a transaction of ₹500 or more with this card, 1,000 Fuel Points are offered as welcome benefits.

• Earn accelerated 10X Fuel Points on each spend of ₹100 at IndianOil stations across the country.
• 1 Fuel Point for each ₹100 spent for other eligible purchases.
• Fuel surcharge waiver upto ₹100 is provided each month.
• This card is available on Mastercard and the RuPay network.
• Annual fee waiver on spend of ₹1.75 lakh each year.

Bottom Line

This new range of credit cards by RBL Bank will surely boost its number of cardholders. One of the main advantages of these cards is their effortless ability to pay through UPI, which is on the RuPay network. The IRCTC Credit Card would be most suited for those who travel railways and seek comfort during their daily commutes, while the IndianOil RBL Co-Branded Credit Card rewards those who make spends on IOCL stations. Overall, these new cards are surely going to boost RBL Bank’s credit card membership.