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.

These details are based on information updated on . Fees and benefits change often - confirm on the issuer's own page before applying.

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.

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