The RBL Platinum Delight Credit Card is designed for those who enjoy shopping and want to earn rewards for their everyday purchases. Whether you’re looking to save on fuel, enjoy bonus rewards, or take advantage of exclusive offers, this card offers a range of benefits. Below, we detail the features, benefits, fees, and eligibility of this credit card to help you understand how it can enhance your financial experience.
Key Features & Benefits of RBL Platinum Delight Credit Card
1. Welcome Benefits
When you sign up for the RBL Platinum Delight Credit Card, you receive a generous 4,000 reward points upon paying the joining fee and making your first purchase. This gives you an immediate advantage, rewarding you for becoming a cardholder and using the card early.
2. Bonus Reward Points
A standout feature of this card is its consistent bonus rewards. By using your RBL Platinum Delight Credit Card for five transactions worth Rs. 1,000 or more within a month, you will earn 1,000 bonus reward points every month. This system is ideal for individuals who frequently use their credit card for daily purchases.
3. Double Rewards on Weekends
For those who enjoy weekend shopping, the RBL Platinum Delight Card offers an exciting perk. Cardholders earn 2x reward points for every Rs. 100 spent on weekends. This allows you to maximize your rewards while enjoying your weekend outings.
4. Annual Fee Waiver
By spending Rs. 1.5 lakh or more in the previous year, you can waive the annual fee for the second year onwards. This provides significant savings for active users who regularly spend through their card.
5. Fuel Surcharge Waiver
The RBL Platinum Delight Credit Card offers a fuel surcharge waiver on transactions ranging from Rs. 500 to Rs. 4,000 across all petrol stations in India. Cardholders can enjoy up to Rs. 150 in fuel surcharge waivers per billing cycle, making this card ideal for frequent drivers.
6. Zero Lost Card Liability
In the unfortunate event that your credit card is lost or stolen, you are protected from fraudulent transactions with the Zero Lost Card Liability feature. This peace of mind ensures that you are not responsible for any misuse of your card after reporting it lost.
7. Enhanced Security with EMV Chip
The RBL Platinum Delight Credit Card is equipped with an EMV chip that offers PIN authorization for every transaction. This technology adds an extra layer of security, protecting you from skimming and other fraudulent activities.
Detailed Benefits of RBL Platinum Delight Credit Card
Reward Structure
This credit card is perfect for those who want to earn rewards consistently. You earn 2 reward points for every Rs. 100 spent on all purchases, with double points on weekends. Whether you’re shopping for groceries, booking travel, or dining out, every transaction helps you accumulate rewards. The reward system is straightforward and beneficial, especially for weekend spenders who can double their rewards.
Annual Fee Benefits
Unlike many other credit cards that charge hefty annual fees, the RBL Platinum Delight Card offers a fee waiver based on your spending patterns. By meeting the Rs. 1.5 lakh threshold in a year, you effectively reduce your card’s cost and continue enjoying the benefits without paying the annual fee for subsequent years.
Bonus Rewards and Spending Opportunities
The opportunity to earn 1,000 bonus reward points each month encourages you to make consistent, high-value transactions. This bonus system is particularly beneficial for those who make regular purchases and want to maximize their points through multiple transactions each month.
Fees and Charges
| Fee/Charge | Amount/Rate |
|---|---|
| Annual Fee | Rs. 1,000 |
| Add-on Fee (per annum) | Nil |
| Finance Charges | Up to 3.99% p.m. (47.88% p.a.) |
| Late Payment Charges | 12.5% of the outstanding amount (Min. Rs. 5, Max. Rs. 1,300) |
The card’s annual fee is set at Rs. 1,000, which can be waived off as described earlier. Finance charges are at the higher end of the spectrum, with 3.99% per month (or 47.88% per annum). It’s important to make timely payments to avoid these charges, as well as the late payment fee that ranges from Rs. 5 to Rs. 1,300 depending on the outstanding balance.
Eligibility Criteria for RBL Platinum Delight Credit Card
To be eligible for the RBL Platinum Delight Credit Card, applicants must meet the following criteria:
- Minimum Age: Applicants must be 18 years or older.
- Residency: Available to both residents and non-residents of India.
- Documentation: Applicants need to submit identity, address, and income proofs, such as Aadhaar Card, PAN Card, Voter ID, and salary slips or bank statements.
These eligibility requirements are fairly straightforward, ensuring that the RBL Platinum Delight Credit Card is accessible to a broad audience.
Comparison with Other Credit Cards
When compared to other shopping credit cards, the RBL Platinum Delight Credit Card stands out with its double rewards on weekends, bonus points every month, and annual fee waiver. Below is a comparison with similar credit cards:
| Credit Card | Annual Fee | Reward Points |
|---|---|---|
| RBL Platinum Delight Card | Rs. 1,000 | 2X reward points on weekend spending |
| IndusInd Bank Platinum Aura Card | Rs. 899 | 4 reward points at departmental stores, groceries, hotels |
| ICICI Bank Coral Contactless Card | Rs. 500 | 2 PAYBACK Points per Rs. 100 spent |
| HDFC Platinum Times Credit Card | Rs. 1,000 | 3 reward points per Rs. 150 spent |