RBL Bank Paisa On Demand Credit Card Review

The rbl paisa on demand credit card is very hard to replace when it comes to usefulness and simplicity. It is a co-branded credit card from RBL Bank designed for newcomers. This card is packed with a lot of useful rbl credit card features like free monthly movie tickets, the EMI payment option, and a money transfer facility. In fact, it is one of those cards that will help you to build a credit score rather than earn benefits. Now let’s dive into the benefits of rbl credit card and see how useful this card can be.  

How do the rbl credit card eligibility criteria work?

• Resident Type: Indian.
• rbl credit card eligibility criteria for salaried person:
  • Age: 21 to 65 yrs. 
  • Income: Rs. 25,000 monthly. (Min)
• rbl credit card eligibility criteria for self-employed person:
  • Age: 21 to 65 yrs. 
  • Income: Rs. 25,000 monthly. (Min)
• A good CIBIL Score (750 or more) will help you to get this rbl bank credit card more easily. 

As you submit your rbl credit card application, you will get a unique application id. You can use that to track your rbl bank paisa on demand credit card application status. 

What documents are required to apply for the rbl paisa on demand 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
    • Latest audited financial report.

As per new credit card rules, all new credit cards are delivered in an inactive state. The users can activate them manually by generating a new credit card PIN. You can find more about the rbl credit card pin generation process from our faq page. 

What are the rbl paisa on demand credit card annual charges?

• RBL paisa on demand credit card joining fee: Rs. 500 + GST.
• RBL paisa on demand credit card annual fee:Rs. 500 + GST (can be waived off if Rs. 1,00,000 is spent in a year)

What are the rbl bank paisa on demand credit card benefits? 

• An attractive joining bonus to make a wonderful start for you:

As you perform your first successful online transaction with this rbl bank card within the first 30 days of card activation, you will receive 1000 rbl credit card points as a welcome gift. Also on completing your first successful transaction at any merchant outlet within the same time period, you will get extra 1000 rbl credit card reward points. 

The rbl bonus reward points will be credited to your account within 60 days of performing the transaction.

• Get rewarded for every transaction you make:

This rbl credit card offers a powerful reward scheme that can add more value to your transactions. 

Category of transaction	Rate of earning reward points
Transactions are made at merchant outlets	1 reward point for every Rs.100 transaction
For every online transaction made using this card	2 rbl reward points for every Rs.100 transaction

Your earned reward points will be reflected on your monthly rbl credit card statements. You can also use your rewards to get a product from the rbl credit card rewards catalogue.

• Enjoy evenings with complimentary movie tickets:

On every Saturday and Sunday, this rbl bank credit card offers you free movie tickets. By using this card to book a movie ticket from BookMyShow you can get another one completely free. You can get a maximum of Rs.200 discount per rbl credit card billing cycle.

• Earn bonus rewards from milestone spending:

Every time you achieve Rs.1 lakh spending milestone with your card, you can earn 2000 bonus rbl bank credit card reward points. This rbl credit card offer is available 10 times a year.

• Get an instant loan using the balance transfer facility:

The RBL credit card balance transfer facility allows you to add money from credit card to your bank account as an instant personal loan. The minimum transferable amount is Rs.3000 and the maximum limit would be your available rbl card credit limit. You can repay the amount in small monthly installments.

• Split your high-value transactions into small monthly installments:

This rbl bank credit card allows you to convert your high-value transactions into small monthly installments, making repayments much easier for you. You can also calculate the applicable rbl bank credit card emi interest rate from the rbl bank credit card emi calculator.

• Get an opportunity to make your card lifetime free:

On spending Rs.1 lakh within a year, you can get a complete waiver on your next year’s annual fee. So if you want to make your rbl credit card life time free , then you just have to keep spending Rs. 1 lakh per year.

You can check your rbl bank paisa on demand credit card status from your net-banking account, click here to go to the rbl credit card login page. 

• Convenient rbl credit card payment options that will make your life easier:

You can pay rbl credit card bill online from your rbl net banking account or from your rbl credit card app. You can also use any credit card bill payment app like Cred, Google pay, Phone Pe, Paytm, etc. Also, if you don’t want to go with the online rbl bank credit card payment options, then click here to know how to pay rbl credit card bill offline?

• Security of the advanced EMV chip:

RBL Bank has armed this rbl paisabazaar credit card with the new and improved EMV chip. These chips use a very strong encryption method to store your data, making this rbl co branded credit card nearly impossible to clone. 

But fraudulent transactions can happen anytime and if you notice something suspicious with your rbl credit card account then you should report it immediately by calling the rbl credit card customer care number. You can also temporarily block your card using the rbl credit card app.

What are the rbl credit card charges?

Particulars	Payable amount
RBL credit card cash withdrawal charges	2.5% against the withdrawal amount (check your available rbl credit card limit before making a withdrawal)
Finance Charge	The rbl credit card interest rate can go up to 3.99% monthly
RBL credit card foreign transaction fee	3.50% against the transaction amount
RBL paisa on demand card add-on card fee	Free for a lifetime

How to contact the rbl credit card customer care department?

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

100xGain Ratings:

6/10

Pros and cons of the rbl bank paisa on demand credit card:

Pros	Cons
The rbl instant loan facility can offer you some financial support during emergencies. The rbl paisa on demand credit card also offers some free movie tickets every month.	The rate of earning rbl credit card reward points is not that great. This card does not feature any shopping or dining benefits.

Final Opinion:

As said before this card is best for beginners or for those who want to build a good credit score. Using this RBL paisa on demand card you can get the advantages of both personal loans and credit cards. If you use this card for your regular transactions, you can earn accelerated rbl credit card reward points, free movie tickets, etc. 

So if you are looking for a card that can help you to improve your credit score, then this card will be a good option for you. But if you are not satisfied with the benefits or want to compare some similar credit card options then you should take a look at the alternative card option given below. 

Alternative cards of the rbl bank paisa on demand card: 

1. Citi first citizen credit card (Best for reward points and travel benefits)
2. ICICI bank coral credit card against fixed deposit (Best for lounge access and entertainment benefits)
3. Indusind bank pinnacle credit card (Best for lounge access and movie benefits)
4. Syndicate bank global gold credit card (Best for reward points)