RBL Bank ETMONEY LoanPass Credit Card

A wide spectrum of features and benefits are provided through RBL Bank ETMONEY LoanPass credit card. These are:

• ETMONEY app can be used to directly transfer money to the user’s bank account
• Cardholders can pay back the money in easy EMIs within a few days or a few months
• Users only have to pay interest on only that amount which they borrowed
• Customers can earn 1000 reward points if they spend more than Rs. 10,000 within 60 days of card setup
• Users earn 1 Reward Point for every Rs. 100 spent
• Users can get 1+1 free movie tickets (up to Rs. 200) once a month when the ticket is booked through BookMyShow. The offer is valid on Wednesdays only
• On Wednesdays, users will get 10% cash back on transactions done through Domino’s and Pizza Hut’s online portal
• Users get 5% cash back on foodstuffs or groceries bought on Wednesdays
• A maximum of 1000 bonus Reward Points can be earned through Groceries and Pizza spends
• If users spend Rs. 1.2 lakh in a year, then they are rewarded with 4000 bonus points that can be redeemed on vouchers worth Rs. 1000
• Users will get a fuel surcharge waiver of up to Rs. 100 in a month on fuel transactions are done between Rs. 500 and Rs. 4000
• The annual fee is waived off if spends cross Rs. 1.00 lakh

The fees and charges associated with RBL Bank ETMONEY LoanPass are:

Category	Amount
Joining Fee	Nil
Annual Charges	Rs. 499
Finance Charges	3.5% p.m./42% p.a.
Over limit Charges	Rs. 600
Add-On Card Fee	Nil
Card Replacement Fee	Nil
Foreign Currency Fee	3.50% of the transaction amount
Over Limit Penalty	Rs. 600
Cash Withdrawal Charges	2.5% of amount /Min. Rs. 300
Late Payment Fees	15% of the total amount due Min. Rs. 50/Max. Rs. 1,000

RBL Bank ETMONEY LoanPass Credit Card is given to customers who meet the following criteria:

• Users must be citizens of India
• Applicants must fall between 18 to 60 years of age
• Customers must have a regular source of income

Documents Required

RBL Bank requires the following documents from the applicant:

Identity Proof	Passport, PAN Card, Aadhaar Card, Voter’s ID Card, Driving Licence, Photo Credit Card, Central and State Govt. issued Photo ID Proof, Defence ID Card, etc. (any 1)
Residence Proof	Aadhaar Card, Ration Card, Passport, Bank Account Statement, Voter’s ID Card, Letter from any recognized public authority, Telephone Bill, Electricity Bill, Water Bill (not more than 3 months old), etc. (any 1)
Income Proof	Salary Slips (not more than 3 months old), Bank Statements (not more than 3 months old), ITR, Form-16, etc. (any 1)

Applicants who want to avail this RBL Bank credit card can apply for it through the Bank’s website. First, the user must submit the online form. Afterwards, an agent from RBL Bank will call the applicant to fix a date and time for document collection. Post this the bank will verify the same and send the card in about 20 days.

Alternatively, customers can go to the nearest RBL Bank branch with the required documents. Once there they can contact a bank official who will guide them through the process.

What is the Goods and Services Tax (GST) rate charged on ETMONEY LoanPass?

The GST charged on RBL Bank ETMONEY LoanPass Credit Card is 18%.

Is there any fee associated with the first year of the membership of RBL Bank ETMONEY LoanPass?

No, there is no joining fee/first-year fee associated with this credit card.

What is the Interest-free period on this credit card?

Users can get up to 50 days of interest-free period in a billing cycle.