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RBL Signature Banking Credit Card

The RBL Signature Banking Credit Card is explicitly tailored for Signature Banking Customers. This card is designed to offer high-value cashback on lifestyle spending, with a focus on wealth creation by depositing cashback directly into your savings account.

The cardholders can earn unlimited 4% cashback while they spend on flights, hotels, and shops, and 1% cashback on all eligible purchases. The RBL Bank Signature Credit Card is an excellent choice for people who travel often, love shopping, and want to earn rewards from their spending. It offers useful benefits like free airport lounge access both within and outside India. Cardholders can also enjoy buy 1, get 1 free movie tickets on BookMyShow with the purchase of 2 or more tickets. The annual fee of ₹2,500 + GST will also be waived for the Signature Banking customers.

Overall, it’s a solid option for those who want more rewards and travel perks without paying for a super expensive credit card.

RBL Signature Banking Credit Card

( 4.5 / 5 )
RBL Signature Banking Credit Card
  • Joining FeeWaived for Signature Customers
  • Annual Fee₹2,500 + GST (Waived for Signature Customers)
  • Best Suited ForTravel, Shopping
  • Reward TypeCashback

Rewards Rate

Unlimited 4% Cashback on Flights/Hotels, and 1% Cashback on All Eligible Purchases (Up to ₹1,500 Per Billing Month)

Welcome Benefits

N/A

Movie & Dining

BOGO Movie Tickets on BookMyShow

Rewards Rate

Unlimited 4% Cashback on Flights/Hotels, and 1% Cashback on All Eligible Purchases (Up to ₹1,500 Per Billing Month)

Reward Redemption

Cashback will be Credited in RBL Bank Savings Account

Travel

N/A

Domestic Lounge Access

2 Complimentary Lounge Access Each Quarter

International Lounge Access

2 Complimentary Lounge Access Each Year

Golf

N/A

Insurance Benefits

N/A

  • Spend-Based Waiver

    N/A

    Rewards Redemption Fee

    ₹99 + GST

    Foreign Currency Markup

    N/A

    Interest Rates

    3.99% Per Month (47.88% Per Annum)

    Fuel Surcharge Waiver

    N/A

    Cash Advance Charges

    2.5% of the Withdrawal Amount, Subject to a Minimum Charge of ₹500

    • This card is explicitly tailored for Signature Banking customers.
    • Cardholders can get unlimited 4% cashback when spending on categories like flights, hotels, and shopping.
    • Get 1% cashback on all eligible purchases up to ₹1,500 per billing month.
    • Cardholders can earn ₹2,000 cashback on making an eligible purchase of ₹4 lakh within the membership year.
    • Cardholders can also earn an additional cashback of ₹4,000 on making an eligible purchase of  ₹6 lakh within the membership year.
    • The card also offers complimentary airport lounge access within and outside India.

    Pros

    • The annual fee, which is ₹2,500 + GST, is waived for Signature Banking customers.
    • Milestone benefits include ₹2,000 cashback for spending ₹4 lakh in a membership year, and ₹4,000 additional cashback for spending ₹6 lakh in the membership year.

    Cons

    • To redeem cashback, the user has to pay a fee of ₹99 + GST, and the cashback will be reflected in the user’s savings account on the monthly statement. But if the user does not redeem the cashback within 3 months of its accumulation, it will expire and cannot be redeemed.

  • Milestone Benefits

    • Within the membership year, the cardholder will earn ₹2,000 cashback on making an eligible purchase of  ₹4,00,000.
    • The cardholder can earn an additional cashback of ₹4,000 on making an eligible purchase of  ₹6,00,000 in the membership year.

    Cashback Offers

    Cardholders are eligible for two types of cashback offers:

    • When cardholders spend on categories such as flights, hotels, and shopping, they earn 4% cash back.
    • For all other eligible purchases outside the specified categories, the cardholder will earn 1% cashback. This 1% cashback is capped at ₹1,500 per billing month.

    Airport Lounge Access

    • Cardholders can use airport lounges as a special benefit. Every three months, they get access to 2 domestic lounges (lounges within India)
    • Cardholders will also receive 2 international lounges (outside India) annually.

    RBL Signature Banking Credit Card Features

    Bottom Line

    The RBL Signature Banking card stands out as an excellent option for customers due to its attractive milestone benefits and cashback offers. Although there is a membership fee of ₹2,500 plus GST, this annual fee is completely waived for Signature Banking customers, making it even more appealing.

    If a customer closes his Signature Banking relationship with the Bank while holding an RBL Signature Banking Credit Card, the Card shall be subject to an annual fee of ₹2,500 at the start of the next membership year and every year thereafter.

    In addition, Signature Banking offers excellent interest rates. Customers can earn up to 6.5% interest per year on their savings accounts, and up to 7.2% annual interest on fixed deposits. These rates are higher than those offered by many traditional banks, allowing customers to grow their money faster. With these benefits, such as waived card fees, cashback, milestone rewards, and high interest rates, Signature Banking is a smart choice for anyone considering a new banking relationship. It not only offers valuable rewards on spending but also helps your savings grow efficiently.

    FAQs:

    Yes, there is a redemption fee of ₹99 + GST that you have to pay when redeeming cashback.

    The annual fee, which is ₹2,500 + GST, is waived for Signature Banking customers.

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