RBL Corporate Purchase Credit Card Review

If you are looking for a low-cost corporate credit card just to add more control and convenience to your corporate transactions, then you would love the RBL Corporate Purchase Card. It is not one of those cards that can offer you mind-blowing benefits and offers. Instead, this credit card features a number of useful tools that can make maintaining a business much easier. So, if you are interested, then make sure to go through the complete review to know more about the rbl bank credit card benefits.

How does the rbl corporate card eligibility work?

*Only a self-employed person can apply for this rbl card:

  • Resident Type: Indian. 
  • RBLbank credit card eligibility criteria for salaried person: 
    • Age: NA 
    • Income: NA 
  • RBL credit card eligibility criteria for self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: The annual income tax return should be greater than Rs.7 lakhs
  • A CIBIL Score of 690+ is needed to apply for this rbl credit card.

You can apply for this card from the rbl credit card online application portal. Once your rbl credit card application form is submitted successfully, you can track the status of your rbl credit card application from the application tracking page.

What documents are required for an RBL corporate credit card application?

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photograph
  • Proof of income statement:
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report. 

As per the new RBI regulation for credit card issuers, all new rbl bank credit cards are delivered in an inactive state, but you can easily activate them by generating a new credit card PIN. You can get some help on the rbl credit card pin generation process from the 100xGain faq page

What are the RBL corporate credit card fees?

  • RBL corporate credit card joining fee: None. 
  • RBL corporate credit card annual fee: None. 

What are the rbl credit card benefits?

  • Experience the useful MIS facility:

This rbl credit card offers you the facility of MIS or Management Information System that gives you regular updates and better control over your business.

  • Convenient e-statement facility:

At the end of every rbl credit card billing cycle, you will get your rbl bank statement in your registered E-mail. This feature is more smart and convenient than a regular postal system. You can also check your statement via the rbl corporate net banking account.

  • Enjoy assistance from a dedicated relationship manager:

This RBL corporate card offers you a dedicated relationship manager, you can get help from them to quicken the credit card settlement process

  • Advanced security arrangements:

This Corporate purchase rbl credit card comes with a built-in EMV Chip. It adds more security and convenience to your credit card transactions.

  • Complimentary lost credit card liability coverage:

This rbl bank credit card offers a lost card liability coverage of up to Rs. 2 lakh. So, if your card gets lost or stolen, you just have to report it by calling the rbl bank credit card helpline number and you will no longer be liable for anything bad that may happen to your credit card account.

  • Instant rbl card online payment options:

Now you don’t need to waste your precious time paying your credit card bill offline. You can do it within minutes via rbl bank cards online banking account or by using any other credit card payment app like Cred, Paytm, PhonePe, Google Pe, etc.

  • The perfect travel companion for you:

This rbl bank card is globally accepted, you can use this card at any outlet or e-commerce site where the MasterCard Credit Cards are accepted.

What are the RBL Corporate credit card charges?

Particulars 

Payable amount

RBL credit card cash withdrawal charges None (Check your available rbl bank credit card limit before making a withdrawal)
RBL bank card finance charge The rbl credit card interest rate can go up to 3.4% monthly (applicable if your rbl credit card payment is not made in time)
RBL bank credit card currency conversion charge  3.5% against the transaction amount
RBL add-on card fee None.

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 (rbl supercard customers)
  • Write to the rbl credit card complaint mail id: cardservices@rblbank.com 

100xGain Ratings:

6.5/10

Pros and cons of the RBL corporate card:

Pros

Cons

  • This rbl credit card offers some useful business tools.
  • It is a rbl lifetime free credit card.
  • There are no reward or cashback offers on this rbl bank card.
  • You will not get any travel booking benefits from this card.

Final Opinion:

If you run a small company or business, and you need a basic business credit card to run it smoothly, then you can go for this card. You will get some rbl credit card features including MIs Facility, E-Statements, personal relationship manager, etc. which are extremely useful for small business owners.

But If you need a premium card for your company then I would not recommend this card, instead, you can visit our best corporate credit cards page. You can also take a look at the alternative card options given below.

Alternative cards: 

  1. American Express Corporate Platinum Credit Card (Best for lounge access and dining benefits)
  2. IndusInd Bank Business Gold Credit Card (Best for offering reward points)
  3. Kotak Mahindra Corporate Wealth Signature Credit Card (Best for lounge access and business management tools)
  4. YES Prosperity Rewards Plus Credit Card (Best for reward points and milestone benefit scheme)

 

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