Additionally, consumers who are looking for decent benefits at a low annual fee can consider the entry-level credit cards offered by RBL Bank, which are designed to suit varying individual needs.
RBL Credit Card Against FD
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Cashback
1% cashback on all eligible purchases
Borrow a portion of your limit as Xpress Cash
Lifetime free card with no annual fee
Joining Fee: ₹0+ Taxes
Annual/Renewal Fee: ₹0+ Taxes
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Rewards
Fuel
Up to 6% savings on IOCL fuel spends
Up to 10X Fuel Points on card spends
Fee waived on Rs. 1.75 lakh annual spends
Joining Fee: ₹500+ Taxes
Annual/Renewal Fee: ₹500+ Taxes
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Travel
Rewards
Up to 2.5% savings on IRCTC spends
Up to 2,000 bonus reward points per year
Up to 8 railway lounge visits per year
Joining Fee: ₹500+ Taxes
Annual/Renewal Fee: ₹500+ Taxes
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Movies
Low annual fee of Rs. 500
Up to 2 free movie tickets per month
Up to Rs. 100 off on F&B orders
Joining Fee: ₹500+ Taxes
Annual/Renewal Fee: ₹500+ Taxes
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*Terms & Conditions
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Features & Benefits of RBL Credit Cards Against FD
Below mentioned are the features and benefits of RBL Credit Cards against FD along with their joining and annual fees:
1. RBL Bank Paisabazaar Duet Credit Card
Joining Fee: Nil
Annual Fee: Nil
RBL Bank Paisabazaar Duet is a co-branded credit card that works as both a credit card and Xpress Cash. With Xpress Cash, cardholders can borrow and transfer a portion of their credit limit directly into their bank account as an instant loan. In addition to this, the card offers a flat 1% cashback on every spend. This cashback credit card is a suitable option for building credit while earning rewards on everyday expenses. Given below are some of the key features and benefits of this credit card.
2. IndianOil RBL Credit Card
Joining Fee: Rs. 500 + Applicable Taxes
Annual Fee: Rs. 500 + Applicable Taxes
IndianOil RBL is a fuel credit card designed for consumers who prefer to refuel at IndianOil fuel stations. This card offers up to 6% value-back on IOCL fuel spends, along with other basic perks such as an annual fee waiver, welcome benefits, fuel surcharge waiver, and more. Consumers looking for an entry-level card with relaxed eligibility and accelerated savings on fuel can opt for this card. Some of the major benefits offered by this card are as follows:
3. IRCTC RBL Bank Credit Card
Joining Fee: Rs. 500 + Applicable Taxes
Annual Fee: Rs. 500 + Applicable Taxes
IRCTC RBL Bank Credit Card is a travel-focused credit card designed for frequent domestic travellers who prefer to travel by train. The card offers up to 5X rewards on IRCTC train ticket bookings, along with accelerated savings on other categories, including travel and FASTag recharges. Cardholders can opt for this low annual fee credit card to avail basic benefits on travel and everyday spends. Some of the key features and benefits of this credit card are mentioned below:
4. RBL Bank Play Credit Card
Joining Fee: Rs. 500 + Applicable Taxes
Annual Fee: Rs. 500 + Applicable Taxes
RBL Bank Play Credit Card is an entertainment-focused credit card offering benefits on movies and food & beverages. With this card, cardholders can earn free movie tickets and save significantly on their spends. Additionally, it offers discounts on food & beverages and tickets booked through BookMyShow. This credit card is a suitable option for consumers who frequently attend events, visit theatres, or participate in activities via BookMyShow. Given below are some of the benefits of this card:
RBL Credit Cards Against FD: Eligibility Criteria
Given below is common eligibility criteria to apply for a RBL Credit Card against FD are given below:
How to Apply for RBL Credit Cards Against FD
To apply for RBL secured credit cards, follow the below-mentioned steps:
Step 1: Open a Fixed Deposit with RBL. The FD amount will decide your credit limit.
Step 2: Fill out the application form for a RBL Credit Card against FD.
Step 3: Complete KYC by submitting identity, address proof, and FD details.
Step 4: After verification, the bank approves the request and issues your FD-backed credit card.
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FAQs
What are RBL Secured Credit Cards?
RBL Secured Credit Cards are issued against a fixed deposit opened with RBL Bank. The FD amount determines the card’s credit limit. These cards are ideal for individuals with no credit history or low credit scores.
Who should apply for an RBL Credit Card against FD?
These cards are suitable for first-time credit card users, students, homemakers, or individuals with limited or no credit history. They also help users build or improve their credit score with responsible usage.
Is income proof required for RBL Secured Credit Cards?
No, income proof is not required to apply for RBL Credit Cards against FD. Since the card is backed by a fixed deposit, eligibility is based on the FD amount rather than income or employment status.
How is the credit limit decided for RBL Secured Credit Cards?
The credit limit is generally a percentage of the fixed deposit amount placed with the bank. The exact limit may vary depending on the specific card variant and bank policies.
Are there any rewards or benefits on RBL Secured Credit Cards?
Yes, RBL Secured Credit Cards offer benefits such as cashback, reward points, fuel savings, travel perks, and entertainment discounts, depending on the card variant chosen.
How long does it take to get an RBL Secured Credit Card approved?
The approval is usually quick once the fixed deposit is opened and KYC is completed. After verification, the card is typically issued within a few working days.
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