Platinum ShopDaily Credit Card

Joining Fee

₹499

Annual Fee

Rs. 499 (Reversed on annual spends of Rs. 0.5 Lakhs)

Cashback
Shopping
Best For: Grocery shoppers, Budget-conscious spenders

Platinum ShopDaily Credit Card

Rewards Structure

Base Reward Rate

5% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹250 /monthly

Pros

  • 5% cashback on grocery spends
  • Welcome voucher worth INR 500
  • Spend-based annual fee waiver at INR 50,000
  • Low annual fee of INR 499
  • Unlimited ATM cash withdrawal feature

Cons

  • Cashback capped at INR 250 per month
  • Cashback credited as reward points, not direct cash
  • No welcome rewards 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.

Cashback credited as reward points redeemable only on rblrewards.com

Welcome voucher only on payment of joining fee and INR 2,000 spend within 30 days

Transactions on Education, Insurance, Utilities, Rent Payments and Wallet Load do not earn reward points

Effective October 15, 2024: Fuel & Auto, Quasi-Cash, Railways, Real Estate, Service Providers, Government Services, Contracted Services, Bills2pay, EMI, Miscellaneous & Cash transactions are not eligible

Key Benefits & Features

Detailed benefits inside

Notable Exclusions

No reward points on Fuel & Auto transactionsNo reward points on Utility transactionsNo reward points on Insurance transactionsNo reward points on Quasi-Cash transactionsNo reward points on Railways transactionsNo reward points on Rental transactionsNo reward points on Education transactionsNo reward points on Wallet Load 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 transactionsNo 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 ShopDaily Credit Card

The RBL Bank Platinum ShopDaily Credit Card is designed for everyday shoppers who want to maximize savings on their regular purchases. Positioned as a card with the power of four cards in one, it complements daily spending habits by delivering high savings, particularly on grocery purchases, along with best-in-class rewards, vouchers, and discounts. With an annual fee of just INR 499, the card offers strong value for budget-conscious spenders. New cardholders receive a welcome gift voucher worth INR 500 upon paying the annual fee and spending INR 2,000 within the first 30 days of card issuance. The card's standout feature is a 5% cashback on all grocery spends, credited as reward points and redeemable at rblrewards.com, up to INR 250 per month. Cardholders who spend INR 50,000 in a year also benefit from a second-year annual fee reversal, making the card even more cost-effective over time. Total annual benefits can add up to INR 4,000 or more. Additional convenience is offered through the Easy Cash feature, which allows unlimited ATM cash withdrawals up to the available cash limit from any ATM in India within the billing cycle, subject to a processing fee. Together, these features make the Platinum ShopDaily Credit Card a practical and rewarding choice for grocery shoppers and everyday spenders alike.

Expert Review

Our Verdict

Grocery-focused cashback card with welcome vouchers and spend-based annual fee waiver for INR 499/year.

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