RBL Bank Novio Credit Card
- Updated On: 14 February, 2025
Novio Credit Card is RBL’s co-branded card with Credilio Financial Technologies Pvt LTD. It is available on the RuPay select network and can be used with UPI. The card has an annual fee of ₹500 + GST, making it affordable and ideal for everyday spending. The card is even more rewarding when used for online transactions; for every ₹100 spent online, users get 2 Reward Points back, compared to 1 Reward Point for every ₹100 spent offline.
The card offers 2,000 Reward Points as a welcome bonus when a user makes purchases of ₹5,000 within 30 days of card issuance. It also has two annual milestone benefits for its customers: 1,000 points on spending ₹1.5 Lakh a year and 2000 points on spending 3 Lakh in a year.
RBL Bank Novio Credit Card
( 4.3 / 5 )
- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
2 Reward Points per ₹100 for all your online spends, 1 Reward Point per ₹100 for all other spends (exclusions may apply).
Welcome Benefits
2,000 Reward Points when you make purchases of ₹5,000 within 30 days of card issuance, a clear sign that you're valued as a customer.
Rewards and Benefits
Movie & Dining
N/A
Rewards Rate
2 Reward Points per ₹100 for all your online spends, 1 Reward Point per ₹100 for all other spends (exclusions may apply).
Reward Redemption
N/A
Travel
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Fees & Charges
Spend-Based Waiver
N/A
Rewards Redemption Fee
₹99 + GST
Foreign Currency Markup
3.5%
Interest Rates
3.99% per month (47.88% annually)
Fuel Surcharge Waiver
1% or ₹10, whichever is higher
Cash Advance Charges
2.5% of the Cash Amount (min. ₹500)
Product Details
- RBL Bank Novio Credit Card is Credilio’s co-branded credit card with RBL.
- ₹500 + GST, making it a budget-friendly option for everyday spending.
- It supports UPI and is available on the RuPay Select network for added ease of use.
- 2 Reward Points for every ₹100 spent online and 1 Reward Point for every ₹100 spent offline.
Pros/Cons
Pros
- 2x the rewards on online spending
- Annual Milestone Benefits for bonus points
Cons
- No additional Lifestyle Perks or Discounts
Welcome Bonus
Upon getting the card, users get a generous welcome bonus of 2,000 Reward Points on making purchases of ₹5,000 within 30 days of card issuance.
Rewards Rate
The card offers an accelerated reward rate for online transactions: 2 Reward Points for ₹100 spent and 1 Reward Point per ₹100 spent on all other offline transactions. However, rewards cannot be earned on transactions involving fuel and auto, Education, Railways, Insurance, Government Services, charges, GST, and more.
Annual Milestone Benefit
The card has milestone offers for customers where cardholders earn a bonus of 1,000 Reward Points upon spending ₹1.5 lakhs in a year and a bonus of 2,000 Reward Points upon spending ₹3 lakhs in the whole year.
Bottom Line
With an annual fee of ₹500 + GST, RBL’s Novio Credit Card is a pretty affordable option for people looking for their first credit card. With the generous welcome bonus and milestone rewards, it is an excellent choice for those looking to earn rewards while making regular transactions. Plus, the ability to use it with UPI and the RuPay Select network adds extra convenience and flexibility. The card is ideal for everyday spending; however, it may not offer the lifestyle benefits of other cards available on the market.
FAQs:
What is the annual fee for the card?
The card has an annual fee of ₹500 + GST, making it an affordable option for everyday spending.
Can I use this card internationally?
Since it’s a RuPay card, the RBL Novio Credit Card may have limited international acceptance compared to other major networks like Visa or MasterCard. However, it’s ideal for domestic use and UPI payments.
Is the RBL Novio Credit Card suitable for first-time credit card users?
Yes, the RBL Novio Credit Card is a great option for first-time users due to its low annual fee, reward structure, and simple benefits.
Can I use the Novio Credit Card for UPI payments?
Yes, the Novio Credit Card is supported for UPI transactions, making it convenient for everyday use.
What is the welcome bonus for the RBL Novio Credit Card?
New cardholders will receive a welcome bonus of 2,000 Reward Points upon spending ₹5,000 within the first 30 days of card issuance.