MyFinCards
Insignia Preferred Banking Card

Joining Fee

₹7,000

Annual Fee

Rs. 7000 (Reversed on annual spends of Rs. 10 Lakhs)

Forex Markup

1.5% + GST

INTERNATIONAL
RBL Bank
Rewards
Travel
Lifestyle
Best For: Frequent international travelers, Luxury lifestyle seekers, Golf enthusiasts, High-spend premium banking customers

Insignia Preferred Banking Card

Rewards Structure

Base Reward Rate

5% on spends

Point Value

1 Point = ₹0.25

Pros

  • Low forex markup of only 1.5%
  • 2X reward points on international spends
  • Access to 1,400+ international lounges via Priority Pass
  • Complimentary golf rounds and monthly lessons
  • INR 8,000 milestone vouchers on INR 8 lacs spend
  • 24x7 dedicated concierge service
  • No annual fee for Insignia Preferred Banking customers
  • 28,000 welcome bonus reward points
  • Benefits at 2,400+ premium hotels worldwide

Cons

  • High annual fee of INR 7,000 + GST
  • Renewal waiver requires INR 10 lacs annual spend
  • Golf benefit only for Mastercard holders
  • International lounge visits capped at 6 per year
  • Subsequent international lounge visits charged up to $35

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Welcome bonus of 28,000 points not applicable for Insignia Banking customers

No annual fee waiver for Insignia Preferred Banking customers but standard customers must spend INR 10 lacs for waiver

Extra international lounge visit (beyond 6) requires INR 1,00,000 monthly spend

Golf benefit is complimentary only for Mastercard holders

Hotel benefits (early check-in, late check-out, room upgrade) subject to availability

Key Benefits & Features

2X reward points (10 points per INR 100) on international spends

Exclusive benefits at 2,400+ premium hotels (Marriott, Accor, IHG, Mandarin Oriental, Shangri-La): early check-in, late check-out, room upgrade, complimentary breakfast, hotel/dining credit

Health & Wellness: 15% discount on Weljii programs, free health score worth INR 1,999, 10% discount on dietician/nutritionist packages

Official Terms & Conditions

About Insignia Preferred Banking Card

The RBL Bank Insignia Preferred Banking Credit Card is a premium Mastercard designed to deliver a world-class experience for affluent customers who seek exclusivity, curated rewards, and luxury lifestyle privileges. From a generous welcome benefit of 28,000 bonus reward points to milestone vouchers worth INR 8,000 on brands like Amazon, Myntra, MakeMyTrip, and Taj Experiences upon spending INR 8 lakhs, the card consistently rewards high-spending cardmembers. Everyday spends earn 5 reward points per INR 100 domestically and 10 reward points per INR 100 on international transactions, with a low forex markup of just 1.5%. Travel perks are central to the card's appeal, offering access to 1,400+ airport lounges worldwide via a complimentary Priority Pass membership, plus 2 complimentary domestic lounge visits per quarter. Golf enthusiasts benefit from 4 complimentary green fee rounds annually and one lesson per month at premier courses across India. Additional privileges include exclusive dining discounts powered by EazyDiner Prime, luxury hotel benefits at 2,400+ properties worldwide, health and wellness discounts, and flat INR 500 off on BookMyShow tickets twice monthly. Backed by a dedicated 24x7 World Class Concierge service, the card caters to frequent travelers, luxury lifestyle seekers, and high-spend Preferred Banking customers. The annual fee of INR 7,000 is waived for Insignia Banking customers and on spends of INR 10 lakhs in a membership year.

Expert Review

Our Verdict

Premium lifestyle card with global lounge access, golf perks, concierge & INR 8K milestone vouchers.

Frequently Asked QuestionsAbout Insignia Preferred Banking Card

FEESWhat is the joining fee and annual fee for the RBL Bank Insignia Preferred Banking Credit Card?
The joining fee and annual membership fee for the RBL Bank Insignia Preferred Banking Credit Card is ₹7,000 + GST per year. However, if you are an existing RBL Bank Insignia Preferred Banking customer, the annual membership fee is completely waived. Additionally, the renewal fee for subsequent years is waived if you spend ₹10 lakhs or more in a membership year.
FEESHow can I get the annual fee waived on the Insignia Preferred Banking Credit Card?
There are two ways to get the annual fee waived: First, if you are an RBL Bank Insignia Preferred Banking customer, the annual membership fee is waived entirely. Second, for other cardholders, the renewal fee for subsequent years is waived if you spend ₹10 lakhs or more within a membership year. This makes the card effectively free for high-spenders who meet the annual spend threshold.
REWARDSWhat welcome benefits do I get with the Insignia Preferred Banking Credit Card?
You receive 28,000 bonus reward points as a welcome benefit (not applicable for existing Insignia Banking customers). To avail this benefit, you must complete two steps: Step 1 – Swipe and use your card within 30 days of card issuance. Step 2 – Pay the annual membership fee by the payment due date. The welcome benefit reward points will be credited to your account within 60 days from the date of card issuance.
REWARDSHow many reward points do I earn on domestic and international transactions?
With the Insignia Preferred Banking Credit Card, you earn 5 reward points for every ₹100 spent on domestic transactions, and 10 reward points for every ₹100 spent on international transactions — effectively giving you 2X reward points on international spends. Reward points are credited to your account within 45 days from the settlement date of eligible retail transactions. For queries, call the Preferred Call Centre at +91 22 6232 7777.
BENEFITSWhat is the milestone benefit on the Insignia Preferred Banking Credit Card?
You can unlock vouchers worth ₹8,000 from popular brands — including Amazon, Myntra, Croma, MakeMyTrip, and Taj Experiences — when you spend ₹8 lakhs in a membership year. These vouchers will be credited to your account within 45 days from the date of crossing the milestone spend threshold. Terms and conditions apply, and you can refer to the Milestone Benefit T&C on the RBL Bank website for full details.
BENEFITSWhat lounge access benefits are available with this card?
The card offers two types of lounge access. For domestic airports in India, you get 2 complimentary lounge visits every calendar quarter at major domestic and international terminals across India. For international airports outside India, a complimentary Priority Pass membership is included, providing access to over 1,400 lounges worldwide, with 6 complimentary visits per calendar year. These visits can be shared between the primary cardholder and guests. Additional visits are charged up to $35 each. Spending ₹1 lakh or more in a calendar month earns an extra international lounge visit.
BENEFITSWhat golf benefits are available with the Insignia Preferred Banking Credit Card?
Cardholders enjoy premium golfing privileges including 4 complimentary rounds of green fee per year and 1 complimentary golf lesson per month at premier golf courses across India. Beyond the 4 complimentary rounds, you can avail a 50% discount on green fee. To book a game, call the Mastercard World Card Golf helpline at 1800 102 6263 with an advance notice of at least 7 days. Please note that this golf benefit is complimentary only for Mastercard holders.
INTERNATIONALWhat is the forex markup fee on the Insignia Preferred Banking Credit Card?
The Insignia Preferred Banking Credit Card has a low forex markup fee of just 1.5% on international transactions. This is significantly lower than most standard credit cards, making it an excellent choice for frequent international travelers. Additionally, you earn 2X reward points (10 points per ₹100) on all international spends, further enhancing the value of using this card abroad.
BENEFITSWhat dining and entertainment benefits does this card offer?
The card offers two key benefits in this area. For entertainment, you get a flat discount of ₹500 on movie tickets at BookMyShow, available twice a month. For dining, you enjoy 25% to 50% discounts, 1+1 buffet privileges, and priority booking powered by EazyDiner Prime at a curated selection of premium restaurants. To avail exclusive dining privileges, contact the concierge desk at +91 22 6232 7777. Terms and conditions apply.
BENEFITSWhat hotel benefits does the Insignia Preferred Banking Credit Card provide?
Cardholders enjoy exclusive benefits at over 2,400 premium hotels worldwide. These include early check-in, late check-out, complimentary room upgrade, complimentary breakfast for two, hotel or dining credit, and a welcome amenity. Partner hotel brands include Marriott, Accor, IHG, Mandarin Oriental, Shangri-La, and many more. Please note that early check-in, late check-out, and room upgrades are subject to availability, and benefits may vary by property. Contact the concierge at +91 22 6232 7777 to avail these benefits.
BENEFITSWhat concierge services are available with this card?
The Insignia Preferred Banking Credit Card provides access to a dedicated 24x7 World Class Concierge service. Services include car rental and limousine referral and reservation assistance, flower and gift delivery assistance, spa, fitness centre, and sports centre information and referral, global events and performance assistance, business services, and overseas education assistance. To access personalized concierge services, call +91 22 6232 7777 and ask for the concierge desk.
BENEFITSIs there a fuel surcharge waiver on the Insignia Preferred Banking Credit Card?
Yes, the card offers a fuel surcharge waiver of 1% on fuel transactions across all fuel stations in India. This waiver is applicable on transactions between ₹500 and ₹4,000. The maximum fuel surcharge waiver is capped at ₹500 per month. This benefit helps frequent drivers save on routine fuel expenses while using their credit card at petrol stations.
APPLICATIONHow do I apply for the RBL Bank Insignia Preferred Banking Credit Card?
The Insignia Preferred Banking Credit Card is a premium banking product. If you are an existing RBL Bank Insignia Preferred Banking customer, you should connect with your dedicated Relationship Manager to apply for or get this credit card. For new applicants interested in becoming an Insignia Preferred Banking customer, you can visit the RBL Bank website, contact the bank through its customer service channels, or visit a branch to learn about eligibility and the application process.
BENEFITSWhat health and wellness benefits come with the Insignia Preferred Banking Credit Card?
The card offers several health and wellness benefits including a 15% discount on wellness programs from Weljii (such as Weight Management, Diabetes Care, and Healthy Heart programs), a free health score or status assessment worth ₹1,999, a 10% discount on curated packages at Dietician Support, and a 10% discount on one-time consultation and multi-week plans from renowned nutritionist Vasundhara Agrawal. To avail these benefits, contact the concierge desk at +91 22 6232 7777.
USAGECan I share my international lounge access with guests?
Yes, the 6 complimentary international lounge visits provided through the Priority Pass membership can be shared between the primary cardholder and their guests. This means the primary cardholder can use some or all of the visits for accompanying guests when traveling. Once the complimentary visits are exhausted, subsequent lounge visits will be charged up to $35 per visit. Additionally, spending ₹1 lakh or more in a calendar month entitles the primary cardholder to an extra lounge visit outside India.

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