RBL Bank ShopRite Credit Card- Benefits, Fees & Charges

RBL Bank ShopRite Credit Card: The RBL Bank ShopRite Credit Card, is specially designed for people who are shopaholic, travel enthusiast specially by road, and entertainment lover i.e., best suited for shopping, fuel and entertainment spends. This card offers exclusive reward points on grocery purchases, and exciting discount offers on movies on booking the tickets via Bookmyshow.

It is highly beneficial to the customer and the customer can choose from a wide range of products to redeem these reward points earned. This credit card allows you to save on all your spends such as, the card allows you to save in such a ways that you can earn a maximum of 20 Reward Points on every Rs. 100 you spend and easily redeem the reward points against various options of your choice.

RBL Bank ShopRite Credit Card

1. Features and Benefits:

The RBL Bank ShopRite Credit Card offers quite good reward and benefits across different categories, including shopping, fuel and entertainment, and many more.

Here we have mentioned the features and benefits offered by the RBL Bank ShopRite Credit Card:

  • Welcome Benefits: You get a welcome bonus of 2,000 Reward Points and you will be eligible only if you make your first purchase within 30 days after receiving your RBL Bank ShopRite credit card and download the RBL MyCard mobile app.
  • Movie Benefits: On movie tickets at BookMyShow 15 times a year, get a 10% discount i.e., upto Rs. 100. By choosing the ‘RBL 10% discount offer’ under the option ‘credit card offers’ on BookMyShow, you can take advantage of the promotion.
  • Reward Points: On all the purchases apart from fuel, earn 1 Reward Point for every Rs. 100 spent.
  • Fuel Surcharge Waiver: On all fuel transactions between between Rs 400 to Rs 5,000, The maximum fuel surcharge waiver is subject to maximum waiver of Rs. 100 per month, get a fuel surcharge waiver of 1%, at fuel pumps all over India.
  • Grocery Spends: Get 5% value back on all grocery spends (20 reward points for every Rs.100).
  • Joining and Renewal Fee Waiver: On spending Rs. 1.5 Lakhs or more, the renewal fee is waived off in an anniversary year.
  • Insurance Benefits: Lost Card Liability Cover against fraudulent usage up to Rs. 1.25 lakh against any fraudulent usage of your card.
  • Reward Redemption: The Reward Points can be earned using your RBL Bank ShopRite credit card and can be redeemed by visiting the website rblrewards.com and 1 RP = Re. 0.25, and also have to pay a redemption fee of Rs. 99 per redemption request.
2. Fees and Charges:
  • The Annual fee or Renewal fee charges are- Rs. 500
  • For Interest Rate you have to pay an interest rate of 3.99% per month (or 47.88% p.a.) which is applicable to the amount due on the card’s statement if you are unable to clear all your dues within the payment due date.
  • Late Payment Charges are- apart from the interest rate, a late payment fee shall also be applicable, For Statement Balance: 12.5% of the outstanding amount (Min. Rs. 5 | Max. Rs. 1,300).
3. How to Apply for RBL Bank ShopRite credit card:

For RBL Bank ShopRite credit card you can apply either online or offline. For offline mode, you  can visit your nearest RBL Bank branch with all the required documents and fill out the physical application form.

Here are the steps to be followed to apply for your RBL Bank ShopRite credit card:

  • Step 1: Visit Official website of the RBL Bank- www.rblbank.com
  • Step 2: Click on ‘Apply Now’ option.
  • Step 3: Next, enter the details such as your name, date of birth, gender, mobile number, email ID, and the city in which you reside in.
  • Step 4: Then, Tick the box where you give your consent for the bank representative to contact you in reference with your credit card application process and click on the ‘I am not a robot’ box.
  • Step 5: After, click on ‘Get OTP’ and the OTP will be sent to your mobile number and email ID provided and next, Enter the OTP and validate it.
  • Step 5: Enter all the requested details such as the pin code of your area, residential address, primary source of income, monthly income, and your PAN Card details and providing the required documents and ‘submit’ it.

A bank representative will later contact you and help you further with the application process including the submission of KYC documents. If all the details are correct, the application for RBL Bank ShopRite Credit Card will be approved.

This the way in which you can apply for RBL Bank ShopRite credit card online.

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