In today’s fast-paced world, having a reliable credit card can enhance your financial flexibility and reward you for your spending habits. The RBL Platinum Edge Supercard, developed in collaboration with Bajaj Finserv, stands out as a premium offering designed to cater to a wide range of financial needs. With its enticing features and comprehensive benefits, this card is poised to elevate your purchasing power and lifestyle.
Overview of the RBL Platinum Edge Supercard
The RBL Platinum Edge Supercard is not just any credit card; it offers a unique combination of zero-interest loans, rewards programs, and exclusive lifestyle benefits. Whether you’re looking to make large purchases, enjoy dining discounts, or access airport lounges, this card provides a plethora of options. Below, we explore the key features, eligibility criteria, fees, and application process in detail.
Key Features and Benefits
1. Emergency Advance
One of the standout features of the RBL Platinum Edge Supercard is its Emergency Advance facility. Cardholders have the option to convert their available cash limit into a three-month personal loan at zero interest once a year. This feature provides peace of mind in times of need, allowing you to manage unexpected expenses without incurring interest charges.
2. Easy Cash Withdrawal
With the Platinum Edge Supercard, users can enjoy interest-free cash withdrawals from ATMs across India. This facility allows cardholders to access their available cash limit conveniently and without the financial burden of high-interest rates.
3. Flexible EMI Options
Purchasing electronics, furniture, or groceries is made easier with the card’s EMI finance options. Cardholders can convert their purchases into manageable equated monthly installments (EMIs), making it simpler to budget for larger expenditures without straining their finances.
4. Reward Points System
The RBL Platinum Edge Supercard offers an attractive reward points program, allowing users to earn two reward points for every ₹100 spent. This feature incentivizes spending on everyday purchases and can lead to substantial rewards over time. Additionally, cardholders earn 20 reward points for every ₹100 spent on Wednesdays, further enhancing the potential for rewards.
5. Dining Discounts
Dining out becomes more rewarding with a 5% discount on dining expenses at partnered restaurants. The card encourages cardholders to explore new culinary experiences while earning additional reward points for their spending.
6. Domestic Lounge Access
Frequent travelers will appreciate the card’s benefit of one domestic lounge access per quarter at major airports in India. This privilege not only enhances travel comfort but also allows cardholders to relax before their flights, making travel more enjoyable.
7. Fuel Surcharge Waiver
The Platinum Edge Supercard includes a fuel surcharge waiver for transactions up to ₹100 per month, allowing users to save on their fuel expenses. This feature is especially beneficial for those who regularly travel by car.
Fee Structure of RBL Platinum Edge Supercard
Understanding the fees associated with a credit card is crucial for effective financial management. Here is a breakdown of the primary fees and charges for the RBL Platinum Edge Supercard:
| Category | Amount |
|---|---|
| Annual Fee | ₹1,999 plus Service Tax |
| Add-on Fee | Nil |
| Finance Charges | 3.5% per month |
| Late Payment Fee | 15% of total amount due |
| Over Limit Penalty | ₹600 |
This transparent fee structure ensures cardholders are well-informed about the costs associated with their card usage, promoting responsible financial habits.
Eligibility Criteria and Required Documents
To qualify for the RBL Platinum Edge Supercard, applicants must meet specific eligibility requirements. These can be confirmed by contacting RBL Bank’s customer care at +91 22 6232 7777 or visiting the bank’s official website.
Eligibility Criteria:
- Age: Applicants must be at least 21 years old.
- Income: A stable monthly income is necessary to ensure repayment capacity.
- Credit Score: A good credit score is preferred for approval.
Documents Required:
When applying for the RBL Platinum Edge Supercard, applicants must submit the following documents:
- Proof of Identity: This can include a PAN Card, Aadhaar Card, Driver’s License, Passport, Voter’s ID, or a Job Card issued by NREGA.
- Proof of Address: Acceptable documents include an Aadhaar Card, Driver’s License, Passport, recent Utility Bill, or a Bank Account Statement.
- Proof of Income: Applicants should provide the latest one or two salary slips, the latest Form 16, or the last three months’ bank statements.
How to Apply for the RBL Platinum Edge Supercard?
Applying for the RBL Platinum Edge Supercard is a seamless process designed to provide convenience to potential cardholders. Here are the steps to follow:
- Visit the RBL Bank Website: Start by navigating to the official RBL Bank website.
- Fill Out the Online Application: Locate the credit card application form and complete it with the required personal and financial details.
- Submit Required Documents: Upload or submit the necessary documents as specified in the application process.
- Application Review: Once your application is submitted, the bank will review your details and documents. If approved, your card will be dispatched to the address provided.