RBL Bank Edition Credit Card Review

In the modern age, it’s not simply a method to make purchases, but a vehicle to countless rewards, benefits, and exclusive perks. There are many credit cards on the market today geared toward all sorts of spending scenarios, from travel and dining to entertainment and shopping. Out of the many credit card options, the RBL Bank Edition Credit Card is one such option which is perfect for individuals that desire to maximize their spend while indulging into premium lifestyle.

In this blog, let us talk about the benefits, features, reward system, fees and eligibility points of RBL Bank Edition Credit Card. By the time you finish reading this guide, you should have a good idea of what this card has to offer, and how well it fits with your financial and lifestyle priorities.

What is RBL Bank Edition Credit Card?

Powered by RBL Bank, this card is one that you would love to show off in your wallet with exclusive privileges in lifestyle, travel, entertainment and dining. It's great for people who want to get cash back on their normal spending … but also enjoy the perks of airport lounge access, dining credits, and movie vouchers.

This credit card is best for people who eat out and travel and enjoy entertainment regularly. It provides great returns on online purchases, dining, and at partner merchants, and is suitable for just about anyone who wants to save on their credit card.

Features and benefits of RBL Bank Edition Credit Card

The RBL Bank Edition Credit Card packs in a number of features which really set it apart in the market. Here’s a deep dive on what you get with this card:

Reward Points

Among the most enticing, aspects of the RBL Bank Edition Credit Card, is garnering reward points. Edition Cash (reward points) are earned on every purchase made by the cardholder. Here’s how the points work:

10 Edition Cash for every ₹100 spent Zomato & Blinkit
1 Edition Cash /₹100 spent on all other purchases

Dining and Entertainment Benefits

The RBL Bank Edition Credit Card comes with great dining and entertainment related benefits and so will be a good choice for cardholders who like to dine out and pamper themselves with entertainment:

Zomato Pro Membership: As a Zomato Pro member, you can avail: *Get exclusive discounts on food orders & dining - You can enjoy a whole bunch of benefits at our partner restaurants. This even can be an especially helpful for foodies who frequently eat out or order food delivery.

Movie Ticket Discounts: One of the biggest advantages of the RBL Bank Edition Credit Card is its Buy 1 Get 1 Free feature on movie tickets through BookMyShow. This offer is redeemable once per month, allowing you to enjoy free or discounted movies.

Travel Privileges

You should opt their RBL Bank Edition Credit Card in case you travel a lot because here you are able to get exciting travel offers which makes your travel experience better:

Free Lounge Visits: Citi Prestige Credit Card users are offered 1 free lounge visit per quarter at domestic airports where they can unwind in a comfortable environment and wait for their flights to take off.

International Lounge Access: The card comes with 2 free visits in a year to International lounges through Priority Pass spa membership, so that you can experience luxury when you travel overseas.

Foreign Currency Transaction Fee: The foreign currency transaction fee for this credit card is only 1.5%, which is very friendly to those who often travel in the foreign countries and conduct transaction in foreign currency.

Fuel Surcharge Waiver

Fuel surcharges can add up faster than many others — especially if you’re on the road a lot for work or leisure. The RBL Bank Edition Credit Card offers a 1% fuel surcharge waiver on spending ₹500 to ₹4,000 at any petrol pump across India. This benefit can save cardholders money on fuel, so it’s a useful waiver.

Insurance Coverage

To further enhance the value of the card, RBL Bank also provides insurance cover to its Edition Credit Cardholders:

Purchase Protection: Your eligible purchases charged to the Card are insured against theft, loss or damage.

Credit Shield Coverage: In case of accidental death of the main cardholder due to an accident, this coverage pays off the remaining amount on the card.

HOW TO EARN AND REDEEM REWARD POINTS

Cash earned on your spending with the Edition Cash you earn go towards multiple redemption options:

Zomato and Dining Rewards: Use your points for dining at your favorite restaurants or for ordering food.

Gift Cards: Likewise, your Edition Cash can be used to purchase gift cards with different stores or online services.

Hotel/Flight Bookings: You can book a flight or hotel through bank’s partnered platforms Cleartrip and pay using your Edition Cash, good card for someone who travels a lot.

Movie Bookings: You can also use your Edition Cash to Book Movies on BookMyShow and enhance your entertainment.

Redeeming Points

Redemption Yes, you can go to the RBL Bank website or on any RBL Bank mobile application available or visit the RBL Rewards platform and redeem the Edition cash. It’s simple, takes seconds and also provides you with options to optimize your points.

Additional Benefits

In addition to the above-mentioned key features and benefits, here are some other reasons you would want to choose RBL Bank Edition Credit Card:

Complimentary Supplementary Cards: You can add your family members (above 18) as supplementary cardholders and increase your reward and benefits.

Balance Transfer: The Balance Transfer on EMI feature in the card helps transferring outstanding balances from other credit cards to save on interest charges and repay dues with ease.

Flexipay: Enjoy the convenience of converting your transaction into easy monthly installment featuring the Flexipay option.

Fees and Charges

Each and every credit card has its set of fees and charges, and RBL Bank Edition Credit Card is not an exception. Here’s a first-party look at the key fees that come with this card:

Joining Fee: ₹2,000 + GST
Renewal Fee: ₹2,000 + GST (Reversed on annual spends of ₹4,00,000 or more)
Cash Withdrawal Fee: 2.5% of the amount withdrawn (minimum of ₹500)
Late fee: 12.5% of the total due amount (min ₹50 and max ₹1,000)
Foreign Currency Transaction Fee: 1.5% of the transaction value
Fuel Surcharge: 1% (for bills of amount between ₹500 – ₹4000) on fuel transactions

Eligibility Criteria

To be eligible for the RBL Bank Edition Credit Card, you need to:

Age: 21 to 65 years
Income: Salaried – Minimum net monthly income of ₹50,000; Self-employed - annual income of at least ₹6,00,000.
Credit Score: You must have a good credit score to be eligible for the card, usually over 750.

RBL Bank Edition Credit Card: How does it stack up against others?

This is a well-rounded credit card for the frequent traveler and heavy spender when compared with other premium credit cards available in the market offering benefits in dining, entertainment, and travel.

The HDFC Diners Club Black Card provides a broader set of travel benefits at the expense of a higher fee.

The Axis Bank Vistara Signature Credit Card has a good rewards program and the RBL Edition card has a wider range of redemption options that extend to discounts at restaurants and movies.

The USP of RBL Bank Edition Credit Card are Lifestyle benefits – Zomato Pro, Movie ticket discounts, golf privileges which will suit foodies, movie goers and Golf enthusiasts.

Final Thoughts

The RBL Bank Edition Credit Card is an all-rounder credit card that provides a decent mixture of rewards, lifestyle benefits and travel privileges. No matter if you’re a foodie, movie buff, constant traveler or avid golfer, there’s something for everybody with this card.

With a modest annual fee and alluring welcome benefits along with the opportunity to earn and redeem on multiple categories, RBL Bank Edition Credit Card assures a luxurious lifestyle while you continue getting rewards.

If you are a foodie, travel enthusiast and love to party, and also are looking to maximize your spending, then the RBL Bank Edition Credit Card can be an ideal match for you.