Platinum Shopgain Credit Card

Joining Fee

₹1,499

Annual Fee

Rs. 1499 (Reversed on annual spends of Rs. 1.5 Lakhs)

Rewards
Shopping
Lifestyle
Best For: Frequent utility bill payers, Movie enthusiasts, Shoppers targeting milestone rewards

Platinum Shopgain Credit Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹500 /monthly

Pros

  • High reward rate (25x) on utility bill payments
  • Free movie tickets via BookMyShow twice a month
  • Welcome bonus of 6,000 Reward Points
  • Annual fee waiver on spends of INR 1,50,000
  • Milestone bonuses up to 20,000 extra Reward Points
  • Annual rewards value of INR 20,936+

Cons

  • Lounge access discontinued from July 01, 2025
  • Reward points not earned on fuel, insurance, education, rent, wallet load, railways, government services, and several other categories
  • Utility reward points capped at 500 per month
  • Reward redemption fee of INR 99 + GST applicable

Hidden Catches (Transparency Policy)

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

No welcome rewards for First Year Free cards

Lounge access requires INR 15,000 spend (excluding rentals) in preceding calendar quarter

Lounge benefits discontinued W.E.F July 01, 2025

Multiple transaction categories excluded from reward points effective October 15, 2024

Key Benefits & Features

Easy Cash: Unlimited ATM cash withdrawal from available cash limit across India up to billing date. Processing fee 2.5% (min INR 500).

25 Reward Points per INR 100 spent on utility bill payments, capped at 500 Reward Points per month

Notable Exclusions

No reward points on Education transactionsNo reward points on Insurance transactionsNo reward points on Utility transactions for general rewards (25x applies separately with cap)No 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 Shopgain Credit Card

The RBL Bank Platinum Shopgain Credit Card is designed to deliver the power of four cards in one, making it an ideal choice for shoppers, movie lovers, and frequent utility bill payers. New cardmembers are welcomed with 6,000 Reward Points upon payment of the annual fee and minimum spends of INR 2,000 within 30 days of card issuance, setting the tone for a rewards-rich experience worth over INR 20,936 annually. The card shines when it comes to everyday utility spending, offering 25 Reward Points for every INR 100 spent on utility bills, up to 500 Reward Points per month. Entertainment enthusiasts benefit from a buy-one-get-one offer on BookMyShow twice a month, providing up to INR 200 per transaction. Milestone spenders are further rewarded with a Zomato or Amazon Prime Voucher on annual spends of INR 2 lakhs, 10,000 Reward Points on INR 3 lakhs, and an additional 10,000 Reward Points on spends of INR 4 lakhs and above. With an annual fee of INR 1,499, which is waivable upon spending INR 1,50,000 in a year, the card also offers convenient cash withdrawal from any ATM in India. Cardmembers previously enjoyed four complimentary domestic lounge accesses per year, though this benefit has been discontinued effective July 2025.

Expert Review

Our Verdict

Utility-focused rewards card with movie benefits, lounge access & milestone bonuses worth INR 20,936+ annually.

Frequently Asked QuestionsAbout Platinum Shopgain Credit Card

FEESWhat is the joining fee and annual fee for the Platinum Shopgain Credit Card?
The Platinum Shopgain Credit Card has a joining fee of ₹1,499 and an annual fee of ₹1,499 (plus applicable service tax). However, you can get the second year annual fee of ₹1,499 waived off by spending ₹1,50,000 or more in a year. This makes the card effectively free from the second year onwards if you meet the spend threshold.
BENEFITSWhat welcome benefits do I get with the Platinum Shopgain Credit Card?
As a welcome benefit, you receive 6,000 Reward Points upon payment of the annual fee and completing a minimum spend of ₹2,000 within 30 days of card issuance. Please note that welcome rewards will not be given to First Year Free cards. These 6,000 welcome Reward Points are valued at approximately ₹1,380.
REWARDSHow many Reward Points do I earn on utility bill payments?
You earn 25 Reward Points for every ₹100 spent on utility bill payments using the Platinum Shopgain Credit Card. This is a 25x reward rate, making it one of the best benefits of this card. However, please note that the utility Reward Points are capped at 500 Reward Points per month. For all other eligible spends, you earn 1 Reward Point for every ₹100 spent.
REWARDSWhat are the milestone benefits on the Platinum Shopgain Credit Card?
The card offers attractive milestone rewards based on your annual spending: On spending ₹2 Lakhs annually, you get a Zomato Voucher or Amazon Prime Voucher worth ₹1,000. On spending ₹3 Lakhs or above, you earn an additional 10,000 Reward Points (worth ~₹2,300). On spending ₹4 Lakhs or above, you earn a further 10,000 Reward Points (worth ~₹2,300). These milestones can significantly boost the total rewards value of the card.
BENEFITSWhat movie benefits does the Platinum Shopgain Credit Card offer?
Cardmembers enjoy a 1+1 (Buy One Get One) offer on BookMyShow, available twice a month, with a maximum discount of ₹200 per transaction. To avail this offer, apply the discount under the offers/discounts section on the BookMyShow checkout page and enter your card details and expiry date. This offer cannot be clubbed with any other offer. The annual movie benefit is valued at approximately ₹4,800.
BENEFITSDoes the Platinum Shopgain Credit Card offer airport lounge access?
Previously, the card offered 4 complimentary domestic airport lounge accesses per year (1 per quarter), which required a minimum spend of ₹15,000 (excluding rental spends) in the preceding calendar quarter to unlock access for the next quarter. However, effective July 01, 2025, RBL Bank has discontinued the lounge access benefit for the Platinum Shopgain Credit Card. The lounge program was offered by Mastercard.
REWARDSWhich spending categories do NOT earn Reward Points on this card?
Reward Points are not earned on the following categories: Fuel & Auto, Insurance, Education, Rent Payments, Wallet Load, Railways, Quasi-Cash, Real Estate, Government Services, Contracted Services, Bills2Pay, EMI, Miscellaneous & Cash transactions. Additionally, utility bill payment Reward Points are capped at 500 per month. These exclusions have been effective from October 15, 2024, as per modifications to the product terms.
USAGEIs there a fee to redeem Reward Points on the Platinum Shopgain Credit Card?
Yes, a reward redemption fee of ₹99 plus GST is applicable each time you redeem your available Reward Points earned on RBL Bank Credit Cards. This fee is levied one time per day, regardless of the number of redemptions made in a single day. It is advisable to consolidate your redemptions within a single day to avoid paying this fee multiple times.
REWARDSWhat is the total annual rewards value of the Platinum Shopgain Credit Card?
The Platinum Shopgain Credit Card offers total annual benefits worth ₹20,936 or more. This includes the welcome Reward Points (₹1,380), BookMyShow BOGO offers (₹4,800), Zomato/Amazon Prime milestone voucher (₹1,000), annual fee waiver benefit (₹1,500), milestone Reward Points of 10,000 + 10,000 (₹4,600), utility bill Reward Points (₹1,380), complimentary lounge access (₹6,000 — discontinued from July 2025), and base Reward Points on regular spends (₹276).
USAGEDoes the Platinum Shopgain Credit Card offer an Easy Cash facility?
Yes, the Platinum Shopgain Credit Card offers an Easy Cash feature that allows unlimited withdrawal of your available cash limit from all ATMs across India up to your billing date. A processing fee of 2.5% is applicable on each withdrawal, with a minimum fee of ₹500. For complete details and terms, cardmembers are advised to refer to the Most Important Terms and Conditions (MITC) provided by RBL Bank.
FEESHow can I waive the annual fee on the Platinum Shopgain Credit Card?
You can get the next year's annual fee of ₹1,499 waived by spending ₹1,50,000 or more in a card year. This spend-based waiver makes the card effectively free if you meet the threshold. Note that spends on certain excluded categories such as fuel, insurance, rent, wallet loads, and others may not count towards the waiver eligibility. Always check the terms and conditions for the latest list of eligible spend categories.
OTHEROn which network does the Platinum Shopgain Credit Card operate?
The Platinum Shopgain Credit Card operates on the Mastercard network. This ensures wide acceptance across millions of merchants and ATMs both in India and internationally. The lounge access program that was previously available on this card was also facilitated through Mastercard. The card is issued by RBL Bank and falls under the Rewards, Shopping, and Lifestyle categories.
INTERNATIONALCan I use the Platinum Shopgain Credit Card for international transactions?
The Platinum Shopgain Credit Card operates on the Mastercard network and can technically be used for international transactions wherever Mastercard is accepted. However, the forex markup rate details are not publicly specified for this card. It is recommended to contact RBL Bank customer care or refer to the Schedule of Charges for the applicable foreign currency transaction fees before using this card for international purchases or travel.
APPLICATIONHow do I apply for the Platinum Shopgain Credit Card?
You can apply for the Platinum Shopgain Credit Card through the RBL Bank official website at www.rbl.bank. The application process is available online. You will need to provide basic personal, income, and identity details. Once your application is submitted, RBL Bank will review your eligibility and credit profile. You may also visit the nearest RBL Bank branch for in-person assistance with your application.
USAGEHow can I redeem my Reward Points earned on the Platinum Shopgain Credit Card?
You can redeem your accumulated Reward Points through the RBL Bank website or the RBL MyCard Mobile App. Simply log in to your account, navigate to the 'Redeem Reward Points' section, and choose from available redemption options. A redemption fee of ₹99 plus GST is charged per redemption day. To maximise value, consider redeeming all your points in a single session to avoid paying the fee multiple times.

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