Platinum Bonus Credit Card

Joining Fee

₹999

Annual Fee

Rs. 999 (Reversed on annual spends of Rs. 1 Lakhs)

Rewards
Lifestyle
Best For: Entry-level rewards seekers, Those who want milestone-based fee waivers, Users needing flexible ATM cash access

Platinum Bonus Credit Card

Rewards Structure

Base Reward Rate

% on spends

Point Value

1 Point = ₹0.25

Pros

  • 6,000 welcome reward points on joining
  • Annual fee waiver on spending INR 1,00,000 in a year
  • Unlimited ATM cash withdrawals up to available cash limit
  • Annual rewards worth INR 2,500+

Cons

  • Reward redemption fee of INR 99 + GST per redemption day
  • Many spend categories excluded from reward points
  • Welcome rewards not available for First Year Free cards

Hidden Catches (Transparency Policy)

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

Reward point value varies from INR 0.11 to INR 0.25 depending on redemption category

No welcome rewards for First Year Free cards

Cash withdrawal processing fee of 2.5% (minimum INR 500) applies

Numerous MCC categories excluded from earning reward points effective October 15, 2024

Key Benefits & Features

Easy Cash: Unlimited withdrawal of available cash limit from all ATMs in India up to billing date; processing fee 2.5% (min INR 500)

Notable Exclusions

No reward points on Education transactionsNo reward points on Insurance transactionsNo reward points on Utility transactionsNo reward points on Rent/Rental paymentsNo reward points on Wallet Load transactionsNo reward points on Fuel & Auto transactionsNo reward points on Quasi-Cash transactionsNo reward points on Railways transactionsNo reward points on Government Services transactionsNo reward points on Contracted Services transactionsNo reward points on Cash transactionsNo reward points on Miscellaneous transactionsNo reward points on Bills2Pay transactions (Tran Code 71, Tran Code 72)No reward points on EMI transactions

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

About Platinum Bonus Credit Card

The RBL Bank Platinum Bonus Credit Card is designed to complement your spending habits and lifestyle, offering the power of four cards in one. It delivers high savings on everyday transactions through best-in-class milestone rewards and benefits, making it an ideal choice for those seeking meaningful value from their everyday spending. The card carries an annual fee of INR 999 and operates on the Visa network. New cardholders receive a welcome benefit of 6,000 Reward Points upon payment of the annual fee and spends of INR 2,000 within 30 days of card issuance, translating to an approximate value of INR 1,500. One of its standout features is the Easy Cash facility, which allows unlimited withdrawal of the available cash limit from all ATMs across India up to the billing date, subject to a processing fee. For spend-conscious users, the card offers a second-year annual fee waiver upon achieving spends of INR 1,00,000 in a year, saving INR 999. Total annual benefits are valued at INR 2,500 and above. Reward points can be redeemed through RBL's rewards portal, with point values ranging from INR 0.11 to INR 0.25 depending on the redemption category. A reward redemption fee of INR 99 plus GST applies per day of redemption.

Expert Review

Our Verdict

Earn 6,000 welcome points, milestone rewards & unlimited ATM cash withdrawals with annual fee waiver on ₹1L spend.

Frequently Asked QuestionsAbout Platinum Bonus Credit Card

FEESWhat is the joining fee and annual fee for the Platinum Bonus Credit Card?
The Platinum Bonus Credit Card has a joining fee of ₹999 and an annual fee of ₹999 (plus applicable GST). However, you can get the second year annual fee of ₹999 waived if you spend ₹1,00,000 or more in a year. This makes the card highly cost-effective for regular spenders who meet the annual spend threshold.
FEESHow can I get the annual fee waived on the Platinum Bonus Credit Card?
You can get your second year annual fee of ₹999 reversed by spending ₹1,00,000 or more in a year on your Platinum Bonus Credit Card. Please note that transactions made on Education, Insurance, Utilities, Rent Payments, and Wallet Load categories do not earn reward points and may not count toward the spend-based waiver. Terms and conditions apply.
REWARDSWhat welcome benefits do I get with the Platinum Bonus Credit Card?
On payment of the annual fee and making spends of ₹2,000 within 30 days of card issuance, you will receive 6,000 Welcome Reward Points, valued at up to ₹1,500. Please note that welcome rewards are not available for First Year Free cards. These points can be redeemed on the RBL rewards portal at www.rblrewards.com.
REWARDSWhat is the total annual benefit value of the Platinum Bonus Credit Card?
The Platinum Bonus Credit Card offers annual benefits worth ₹2,500 or more. This includes the welcome gift of 6,000 Reward Points (worth up to ₹1,500) and the spend-based annual fee waiver worth ₹1,000 (when you spend ₹1,00,000 in a year). The value of 1 Reward Point ranges from ₹0.11 to ₹0.25 across different redemption categories on www.rblrewards.com.
REWARDSWhat is the reward redemption fee for the Platinum Bonus Credit Card?
A reward redemption fee of ₹99 plus GST is applicable when redeeming reward points earned on your RBL Bank Platinum Bonus Credit Card. This fee is charged one time for all redemptions made within a single day, regardless of how many redemptions you make on that day. You can redeem your points at www.rblrewards.com.
REWARDSWhat is the value of reward points earned on the Platinum Bonus Credit Card?
The value of 1 Reward Point on the Platinum Bonus Credit Card ranges from ₹0.11 to ₹0.25 depending on the redemption category you choose on www.rblrewards.com. For illustrative purposes, RBL Bank assumes a value of ₹0.25 per point in its benefits calculations. The card earns reward points on eligible spend categories.
REWARDSWhich spending categories are excluded from earning reward points?
Several categories are excluded from earning reward points on the Platinum Bonus Credit Card. These include Education, Insurance, Utilities, Rent Payments, and Wallet Load. Additionally, effective October 15, 2024, transactions on Fuel & Auto, Quasi-Cash, Railways, Real Estate, Service Providers, Government Services, Contracted Services, Bills2Pay, EMI, Miscellaneous, and Cash are also not eligible for reward points. Categories are defined as per VISA & Mastercard guidelines.
BENEFITSWhat is the Easy Cash feature on the Platinum Bonus Credit Card?
The Easy Cash feature allows you to make unlimited ATM cash withdrawals from all ATMs in India up to your available cash limit, up to your billing date. A processing fee of 2.5% is applicable on cash withdrawals, with a minimum charge of ₹500. Please refer to the Most Important Terms and Conditions (MITC) for complete details on this feature.
INTERNATIONALCan I use the Platinum Bonus Credit Card for international transactions?
The Platinum Bonus Credit Card is a VISA network card, which means it is accepted at millions of merchants and ATMs worldwide. However, specific forex markup fee details are not publicly disclosed for this card. It is recommended to contact RBL Bank directly or check the Schedule of Charges and MITC for information on foreign currency transaction fees before using the card abroad.
USAGEHow do I redeem my reward points on the Platinum Bonus Credit Card?
You can redeem your accumulated reward points by visiting www.rblrewards.com. Redemption options vary across different categories, with point values ranging from ₹0.11 to ₹0.25 per point. Keep in mind that a redemption fee of ₹99 plus GST is charged per redemption day. You can also access the redemption portal through your RBL Bank account or the RBL MyCard Mobile App.
APPLICATIONHow do I apply for the Platinum Bonus Credit Card?
You can apply for the Platinum Bonus Credit Card through the RBL Bank official website by clicking the 'Apply Now' option on the credit card page. You may also apply by visiting your nearest RBL Bank branch. The application process typically requires you to submit KYC documents including identity proof, address proof, and income documents. Eligibility is subject to RBL Bank's credit assessment criteria.
DOCUMENTSWhat documents are required to apply for the Platinum Bonus Credit Card?
To apply for the Platinum Bonus Credit Card, you will typically need to submit KYC documents such as identity proof (PAN card, Aadhaar card, passport), address proof (Aadhaar, utility bills, passport), recent passport-size photographs, and income proof (salary slips, bank statements, or IT returns for self-employed applicants). Exact documentation requirements may vary; please check with RBL Bank for the complete list.
USAGEHow do I set my Platinum Bonus Credit Card PIN?
You can set your Platinum Bonus Credit Card PIN online through the RBL Bank website or the RBL MyCard Mobile App. Navigate to the 'Credit Cards' section and select 'Set Your Credit Card PIN'. You can also activate your card and manage card settings such as switching it on or off through the same portal or app for enhanced security.
OTHERWhat should I do if my Platinum Bonus Credit Card is lost or stolen?
If your Platinum Bonus Credit Card is lost or used without your authorization, you should immediately report it to RBL Bank. You can report the loss or unauthorized use through the RBL Bank website under 'Report Loss or Unauthorised Use of Credit Card', by contacting RBL Cares customer service, or by using the RBL MyCard Mobile App to instantly block your card. Quick reporting helps prevent misuse.
USAGEHow can I make payments for my Platinum Bonus Credit Card bill?
RBL Bank offers multiple ways to pay your Platinum Bonus Credit Card bill. You can pay using Net Banking, Debit Card, UPI, the RBL MyCard Mobile App, or via NEFT. Additionally, payments can be made through Google Pay, Samsung Pay, BHIM UPI @ RBL Bank, and Bharat QR. You can also set up recurring payments for convenience. Visit the RBL Bank website or app for detailed payment instructions.

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