RBL Bank Credit Card Charges – Complete Fee & Penalty Guide

Key Takeaways
 

• Paying your RBL Bank Credit Card dues on time helps avoid late payment and interest charges.
   
• Cash withdrawals, foreign transactions, and fuel purchases may attract additional fees.
   
• Understanding all charges allows you to use your RBL Bank Credit Card efficiently and enjoy its benefits.
   

RBL Bank Credit Card charges include annual fees, interest rates, cash withdrawal, late payment, and other service fees.

For example, Priya uses her RBL Bank Credit Card to pay bills and occasionally withdraws cash. By paying on time and staying within her limit, she avoids extra charges and manages her spending efficiently. 

This blog explains all major RBL Bank Credit Card charges, helping users understand costs and use their card wisely for everyday and travel expenses.

RBL Bank Credit Card Joining and Annual Charges

The RBL Bank Credit Card comes in various types, each with specific joining and Annual Charges. Knowing these charges helps cardholders choose the card that suits their spending habits.

Joining Fee is NIL for Primary & Add-on Cardmembers

Click here to know more.

By understanding the fee structure, RBL Bank Credit Card users can manage costs effectively and select the right card for their lifestyle and financial needs.

Bonus Tip: Annual Membership Fee (1st year) shall be levied post first debit transaction on the credit card and will reflect in the Credit Card Statement issued to the Cardmember.

RBL Credit Card Interest Rate

The RBL Bank Credit Card carries a maximum interest rate of 3.99% per month or 47.88% per annum. The bank may change the finance charges based on your credit score, spending habits, credit limit usage, and payment patterns. Any updates will be communicated in your billing statement. If you want to know the exact interest rate for your RBL Bank Credit Card, contact customer service for accurate details.

RBL Bank Credit Card Cash Withdrawal Charges

With an RBL Bank Credit Card, you can withdraw cash from ATMs, but a fee of 2.5% of the withdrawn amount applies, with a minimum charge of ₹500. Using the card responsibly for cash withdrawals helps RBL Bank Credit Card holders manage costs and avoid unnecessary charges.

RBL Bank Credit Card Late Payment Charges

With an RBL Bank Credit Card, a late Payment fee applies if you pay less than the Minimum Amount Due (MAD) or miss the payment on the due date. The fee is 12.5% of the outstanding amount, with a minimum of ₹5 and a maximum of ₹1,300. For Dial For Cash loans, a flat ₹1,000 applies. The bank provides a 3-day grace period to account for payment processing. Paying on time helps RBL Bank Credit Card holders avoid extra charges.

RBL Bank Credit Card Oerlimit Charges

With an RBL Bank Credit Card, there are no overlimit fees, even if you temporarily exceed your credit limit. This means RBL Bank Credit Card holders can manage their spending without worrying about additional charges for going over the limit.

RBL Bank Credit Card Other Fees

The RBL Bank Credit Card comes with certain additional fees that cardholders should be aware of, including charges for add-on cards, foreign transactions, cash deposits, and fuel purchases. Knowing these fees helps you manage your card effectively.

By understanding these RBL Bank Credit Card other fees, users can avoid unexpected costs and make the most of their credit card benefits.

Conclusion

Knowing RBL Bank Credit Card fees helps cardholders manage their spending smartly, avoid surprise charges, and fully enjoy the card’s benefits. Being aware of add-on card fees, foreign transaction charges, cash withdrawals, and fuel surcharges allows us to use the card more efficiently.

FAQs

Is there a fee for add-on cards?
Yes, add-on card fees range from ₹0–₹200 per card.

What is the replacement fee for lost or stolen cards?
Card replacement is generally NIL unless specified otherwise.

Are duplicate statements charged?
No, duplicate statements are free of charge.

What is the markup charge for foreign currency transactions?
3.5% for most cards, 1.5% for Insignia, Insignia Prime, and iGlobe, and 0% for World Safari.

Is there a surcharge on fuel transactions?
Yes, 1% of the transaction value or ₹10, whichever is higher, applies at petrol pumps in India.
 

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.