RBL ETMONEY Loan Pass Credit Card Review

The RBL et money loan pass credit card is among the most unique credit cards you can get in India. This card is particularly crafted to serve you both as a credit card and a personal loan. This is one of the few credit cards that allows you to take the whole credit limit as an instant cash loan. Not only that, this card is also filled with attractive cashback and reward benefits that can offer you some handsome monthly savings. More about the benefits of the RBL et money card are discussed below.

How does the rbl credit card eligibility work?

  • Resident Type: Indian. 
  • This card is only available for salaried persons. 
    • Age: 23 to 60 yrs. 
    • Income: Rs. 25,000 per month. (Min)
  • A good CIBIL score (720 or more) is required to apply for the RBL etmoney credit card.

You can apply for rbl bank credit card from the rbl online credit card application portal or by visiting your nearby RBL branch. Once your application is submitted successfully, you can track the status of your application from the rbl bank credit card application tracking page.

What documents are required to apply for an rbl credit card?

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Salary Slip of the last 3 months 
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year 
      • Proof of business

As per the new rbi guidelines for credit card issuers, all new credit cards are delivered in an inactive state, and to start using them, you need to activate the cards manually by generating a new credit card PIN. You can find more about the rbl bank credit card pin generation process from the 100xGain FAQ page.

How much does the RBL ETMONEY loan pass credit card cost?

  • RBL etmoney card joining fee: None. 
  • RBL etmoney card annual fee:Rs. 499 + GST (can be waived off on spending Rs. 1,00,000 within a year)

What are the benefits of rbl credit card?

  • Add more value to your transactions:

With every online spend you make with Grofers, Uber, Amazon, and Zomto, you will get a 10% cashback. You can earn a maximum of Rs.250 cashback in an rbl credit card billing cycle.

  • Make every transaction rewarding:

For every Rs.100 spend transaction made on weekends, you will get 2X rbl etmoney reward points. You will get 1 reward point for the same on weekdays. You can redeem rbl credit card points into cash or use them to get a product from the rbl bank points redemption catalog

  • You can always earn something more:

With your RBL et money credit card, you can also earn some bonus points too. The details are given below.

Card usage

Benefit

Rs.1,00,000 spend within an anniversary year A complete waiver on your next year’s rbl card annual fee.
For every additional Rs.1 lakh spend within the same anniversary year 1000 bonus rbl rewards (Available 10 times a year)

You can check rbl credit card status from your rbl card app. 1 rbl credit card reward points value in rupees is equal to Rs. 0.25. 

  • A card that can entertain you:

If you use this rbl cradit card to buy a movie ticket on Wednesdays via BookMyShow, then you will get another one completely free (max ticket value Rs.200). This rbl card movie offer is available once in a rbl credit card statement cycle. 

  • Enjoy freedom from fuel surcharges:

With your et money credit card, you can earn up to Rs. 100 monthly waiver on fuel surcharges. The eligible transaction amount is Rs. 500 min, and Rs. 4000 max. This offer is applicable at most of the fuel stations in India.

  • Get instant money against your card:

You can use your RBL etmoney card as a personal loan since this card allows you to get instant cash against your credit limit. The maximum loan amount would be the total credit limit of your et money credit line

Only the transferred amount is subjected to interest, and you can make the rbl credit card loan payment in monthly installments. You can also calculate the applicable rbl credit card emi interest rate using the rbl credit card emi calculator.

  • Instant rbl card payment options:

You can make your rbl card payment online from your net banking account, or by using any credit card payment app like Cred, Paytm, Phone pe, Google pay, etc. But if you don’t want to go online then you can make your rbl credit card payment offline, more about which are discussed on our FAQ page.

  • Cutting edge security:

This RBL etmoney card is armed with the advanced EMV chip. With the next-generation encryption method these chips store your data in a highly encrypted way that makes your etmoney rbl credit card exceptionally resistant to cloning.

But fraudulent transactions can happen anytime, and if you notice something suspicious with your account, then make sure to report it immediately by calling the rbl credit card toll free number.

What are the RBL et money card charges?

Particulars

Payable amount

RBL card cash withdrawal charges If you withdraw cash from credit card you will be charged at a rate of 2.5% against the withdrawn amount
Finance Charge The rbl credit card interest rate is 3.99% monthly
International credit card transaction charge 3.50% against the transaction amount
RBL add on card fee Free for a lifetime

How to contact the rbl credit card customer service department?

  • Call the rbl credit card new customer care number : 022-6232-7777 or 022-7119-0900 (Super Card)
  • Write to the rbl credit card complaint mail id : cardservices@rblbank.com

100xGain Ratings:

5/10

Pros and Cons:

Pros

Cons

  • You will get a huge cashback on your online expenses.
  • There is a big discount on online food orders.
  • The rbl credit card cashback offer is only applicable to online transactions.

If you don’t want to continue with your old RBl credit card then feel free to take a look at our faq page to know about the rbl bank credit card closure process.

Final Opinion:

If you are looking for a credit card that can prove to be handy in emergency situations, then I can profoundly say that you are going to love this RBL et money loan pass credit card. You can also make some attractive monthly savings with its powerful cashback and reward program. 

But if you are after premium benefits like lounge access or travel benefits then, this etmoney loanpass card is not for you. In this case, you can visit our top credit card page, or compare the alternative options given below, hopefully, it will help you in finding your choice.

Alternative cards of the rbl etmoney credit card: 

  1. Bajaj finserv shop smart supercard (Best for earning cash backs) 
  2. BOI rupay platinum credit card (Best for earning cash backs)
  3. ICICI hpcl credit card (Best for cashback and dining benefits)
  4. Standard chartered yatra platinum credit card (Best for lounge access and travel-related benefits) 

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