RBL Moneytap Black Credit Card Review

RBL Bank has a lot of credit cards that offer a lot of features and benefits. The MoneyTap black credit card is also this kind of credit card that offers many extraordinary features and benefits. The card is specially designed for reward points which can be easily earned through shopping, purchasing fuel, bookings of movie tickets, and bookings of tickets for traveling, etc.

The other facilities of this card are a welcome gift, movies offer, airport lounge access, Milestone benefits, fuel surcharge waiver, etc. You can know the benefits more if you read this thoroughly. 

RBL MoneyTap Black Credit Card Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 60 yrs. 
    • Income: Above Rs. 20,000 monthly. 
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: Above Rs. 20,000 monthly.
  • Good CIBIL Score (750 or more).
  • A good relation with the bank may help you to get this MoneyTap card more easily. 

Required Documents To Apply For RBL MoneyTap 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)
      • Latest salary slip, (3 months) 
      • ITR (Income Tax Return)
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report.

As per new credit card rules, all new credit cards are delivered in an inactive state. But you can activate them manually by generating a new credit card PIN. You can find more about the rbl bank credit card first-time pin generation process from the 100xGain FAQ page

RBL MoneyTap Black Credit Card Fees:

  • RBL MoneyTap card joining fee: Rs. 3,000 + GST
  • RBL MoneyTap card annual fee: Rs. 3,000 + GST

RBL MoneyTap Black Credit Card Benefits:

  • Welcome benefit:

You will get 12000 reward points as a welcome gift. You will be eligible for this if you paid the total amount of joining fees. You have to transact a minimum of one time within the first month of the issuance of the card. You will get the gift in between two months.

  • Reward benefit:

This card offers rbl reward point for almost every transaction made with this card. The details are given below. 

Category of transaction

Total rewards

For each Rs. 100 spend on travel, dining, shopping, grocery, and utility bill payment.

2 RBL reward points. 

For each Rs. 100 spend on online shopping

10 Reward points. 

On performing an Rs. 1000 transactions for a minimum of 5 times per month

1000 Rewards.

You can earn a maximum of  500 points per month. There are no reward points for fuel purchases. These RBL credit card rewards are redeemable and you withdraw these reward points for hotel booking, ticket bookings of flight, purchasing electronics products.

To redeem these rbl bank credit card reward points you have to log in to the RBL’s official website. You also use these reward points for airlines which are Indigo, Air Asia, Vasteras, Spice jet, etc. You can also use them to get a product from the rbl bank credit card reward points redemption catalog. 

The available hotels are The Alit Green Easter in Kolkata, welcome hotel in Delhi, Sterling Mac in Bangalore, etc.

  • Lounge access:

You will get 4 airport lounge access per year with this MoneyTap credit card. You can visit one time per quarter to the lounge.

  • Exclusive RBL credit card movie ticket offers:

If you book a movie ticket from bookmyshow.com you will get a 10% discount on a maximum of Rs. 100. You can get this offer maximum of 15 times per year. You can use this facility any day of the week. 

  • Fuel surcharge waiver:

You can save a maximum of Rs. 100 per rbl credit card statement cycle. You have to transact between Rs. 500 to Rs. 4000 to claim this offer. You can avail of this offer from any petrol pump in India.

  • Lost card liability:

If you lost your rbl moneytap credit card you have to report to customer care to avail of this offer. Bank will provide you a lost card liability protection if any transaction occurred after losing the card. The Bank will immediately block the card. You can also block your card using the RBL card mobile app. 

  • Milestone benefit:

If you transact more than Rs.2.5 lakh in a year you will get 8000 reward points and if you spend more than Rs.4 lakh in a year you will get extra 8000 reward points. You can check your rbl credit card online status using the RBL Card mobile app

  • Add-on facility:

The bank will provide you with add-on cards for your family members (spouse, children, parents, siblings). The add-on cardholders should be 18 years old to use this card. They will get the same benefits as the primary card. The statement of the add-on cards will include in the primary card’s statements.

  • Titanium security:

There is an EVM chip inside the moneytap rbl card which made the card more secure. This will provide security in your all transaction.

  • Easy bill payment methods:

You can pay your RBL credit card bill from your online net banking account or by using any credit card payment app. But if you don’t have access to the online payment options then you can make your credit card payment via NEFT, Cheque, ATM, or from your nearby RBL branch. You can find the RBL card IFSC code here. 

  • Global acceptance:

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

RBL MoneyTap Black Credit Card Charges:

Particulars

Payable amount

RBL bank credit card cash withdrawal charges

2.5% against the amount, min Rs. 500.

RBL card finance charge

The RBL money tap interest rate is 3.99% monthly.

MoneyTap card foreign currency transaction charge

3.5% against the transaction amount. 

RBL add-on card fee

Free for a lifetime.

RBL MoneyTap Black Credit Card Helpline Contact Details:

Call the rbl credit card 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:

7/10 

If you don’t want to continue with your present RBL credit card then you can cancel rbl credit card very easily. You can find more about the rbl credit card cancellation process from the 100xGain FAQ page

Final Opinion:

This card will make your life easier. You can use the MoneyTap app for transferring money to the Bank. You can be an elite person by using this card for its reward point’s facility which helps you to save. You can earn big reward points, free lounge access, a fuel surcharge waiver, and lots more. 

But if you are not satisfied with the benefits offered by this card then you should take a look at the alternative card options given below. 

Alternative Cards: 

  1. Bandhan Bank Standard Chartered Xclusive Credit Card
  2. Indusind Bank Platinum Aura Edge Credit Card
  3. RBL Platinum Bonus supercard
  4. Syndicate Bank Global Credit Card.

Leave a Reply

Share via
Copy link
Powered by Social Snap
%d bloggers like this: