
Joining Fee
₹999
Annual Fee
Rs. 999 (Reversed on annual spends of Rs. 1 Lakhs)
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
*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.
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?
FEESHow can I get the annual fee waived on the Platinum Bonus Credit Card?
REWARDSWhat welcome benefits do I get with the Platinum Bonus Credit Card?
REWARDSWhat is the total annual benefit value of the Platinum Bonus Credit Card?
REWARDSWhat is the reward redemption fee for the Platinum Bonus Credit Card?
REWARDSWhat is the value of reward points earned on the Platinum Bonus Credit Card?
REWARDSWhich spending categories are excluded from earning reward points?
BENEFITSWhat is the Easy Cash feature on the Platinum Bonus Credit Card?
INTERNATIONALCan I use the Platinum Bonus Credit Card for international transactions?
USAGEHow do I redeem my reward points on the Platinum Bonus Credit Card?
APPLICATIONHow do I apply for the Platinum Bonus Credit Card?
DOCUMENTSWhat documents are required to apply for the Platinum Bonus Credit Card?
USAGEHow do I set my Platinum Bonus Credit Card PIN?
OTHERWhat should I do if my Platinum Bonus Credit Card is lost or stolen?
USAGEHow can I make payments for my Platinum Bonus Credit Card bill?
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