Platinum ValuePlus Credit Card

Joining Fee

₹499

Annual Fee

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

Cashback
Fuel
Rewards
Best For: Frequent fuel users, Budget-conscious spenders seeking low annual fee card

Platinum ValuePlus Credit Card

Rewards Structure

Base Reward Rate

% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹250 /monthly

Pros

  • 10% cashback on fuel purchases every month
  • Fuel surcharge waiver up to INR 100 per month
  • INR 500 welcome gift voucher
  • Annual fee waiver on INR 50,000 annual spend
  • Low annual fee of INR 499
  • EMI facility available

Cons

  • Cashback capped at INR 250 per month on fuel
  • 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.

Fuel surcharge waiver only on transactions between INR 500 and INR 4,000

Cashback earned as reward points redeemable only at rblrewards.com

Transactions on Education, Insurance, Utilities, Rent Payments, 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 for rewards

Key Benefits & Features

Welcome gift of INR 500 gift voucher on payment of joining fee and spends of INR 2,000 within 30 days of card issuance.

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

Notable Exclusions

Transactions on Education categories not eligible for rewardsTransactions on Insurance categories not eligible for rewardsTransactions on Utility categories not eligible for rewardsTransactions on Wallet Load not eligible for rewardsQuasi-Cash transactions not eligible for rewardsRailways transactions not eligible for rewardsRental/Real Estate transactions not eligible for rewardsGovernment Services transactions not eligible for rewardsContracted Services transactions not eligible for rewardsCash transactions not eligible for rewardsMiscellaneous transactions not eligible for rewardsFuel & Auto transactions not eligible for rewards (beyond cashback feature)

*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 ValuePlus Credit Card

The RBL Bank Platinum ValuePlus Credit Card is designed to deliver meaningful savings across everyday spending, with a particular focus on fuel purchases. Cardholders receive an INR 500 Gift Voucher as a welcome benefit upon payment of the joining fee and spends of INR 2,000 within 30 days of card issuance. With an annual fee of just INR 499, the card also offers a second-year fee waiver when annual spends reach INR 50,000, making it a cost-effective choice for budget-conscious users. At the heart of this card's value is its fuel-focused rewards structure. Cardholders earn 10% cashback on fuel purchases, capped at INR 250 per month, along with a fuel surcharge waiver of up to INR 100 per month on transactions between INR 500 and INR 4,000. These benefits can add up to over INR 5,000 in annual value, making it especially attractive for frequent drivers. Beyond fuel savings, the card supports flexible spending through easy EMI options on purchases such as electronics, furniture, and groceries. It also offers unlimited cash withdrawals from ATMs across India up to the billing date. Powered by the Visa network, the Platinum ValuePlus Credit Card is a practical, rewarding option for those seeking strong fuel benefits combined with everyday financial convenience.

Expert Review

Our Verdict

Fuel-focused card with 10% cashback on fuel, surcharge waiver & INR 500 welcome gift voucher.

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