RBL MoneyTap Black Credit Card Review

The RBL moneytap black credit card stands out in the over-populated mid-tier credit card segment for its unique feature that allows you to get an instant loan against credit card. Apart from that, this card is also stuffed with a number of useful features and benefits like useful rbl credit card rewards points with every transaction, free airport lounge access, a handsome monthly waiver on fuel surcharges, and lots more. A detailed description of the rbl credit card benefits is discussed below.

Who can apply for the rbl money tap black card?

• Resident Type: Indian. 
• RBL bank credit card eligibility for salaried person:
  • Age: 21 to 60 yrs. 
  • Income: Above Rs.30,000 monthly. 
• 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.3 lakh.
• A CIBIL score of 720+ is needed to get this moneytap card.

What documents are required to apply for the rbl moneytap 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 rbl 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 our  FAQ page. 

What are the RBL moneytap credit card fees?

• MoneyTap rbl black credit card joining fee: Rs.3,000 + GST
• RBL moneytap black credit card annual fee: Rs.3,000 + GST

What are the rbl moneytap black credit card benefits?

• Get started with a huge joining bonus:

On performing your first transaction within the first 30 days of your MoneyTap black credit card activation, you will receive 12000 reward points as an RBL credit card joining bonus.

• Make your transaction more rewarding:

The rbl reward points are offered like this.

Category of transaction	RBL credit card rewards for every Rs.100 transaction
Travel, dining, shopping, grocery, and utility bill payment.	2 rbl reward points.
Online shopping.	10 rbl bank reward points.
On performing Rs.1000 transactions for a minimum of 5 times per rbl statement cycle.	1000 Bonus rbl card rewards (total)

You can earn a maximum of  500 points per rbl credit card statement cycle. There are no reward points for fuel purchases. You can redeem your rewards from the rbl bank credit card reward points catalog.

• Add comfort to your travel:

This moneytap credit card offers 1 free quarterly access to most of the leading domestic airport lounges.

• Enjoy exclusive RBL credit card movie ticket offers:

This rbl bank credit card offers a 10% discount (up to Rs.100) on movie tickets booked via BookMyShow. This rbl credit card offer is available any day of the week and up to 15 times a year. 

• Experience attractive rbl credit card fuel surcharges:

This rbl card offers up to Rs.100 monthly waiver on fuel surcharges across all fuel stations in India. The transaction amount should be between Rs. 500 to Rs. 4000. 

• Complimentary lost credit card liability coverage:

This rbl moneytap credit card offers complimentary lost card liability coverage. So, if your card ever gets lost or stolen, then you just have to report it by calling the rbl card customer care department, and you will no longer be liable for anything wrong that may happen to your account.

• Get an opportunity to earn some extra:

Depending on your credit card usage, you can earn some bonus rbl credit card rewards.

Credit card usage	Total benefit
Rs.2.5 lakh in a year	8000 rbl bank reward points
Rs.4 lakh in a year	Additional 8000 rbl bank rewards

• Instant rbl card bill payment options:

You are allowed to pay your rbl credit card bill online from your net banking account, or by using any credit card bill payment app like Cred, Paytm, PhonePe, Google Pe, etc.

• Advanced security arrangements:

This moneytap rbl card is equipped with the advanced EMV chip, these chips use a powerful encryption method to store your data, making your rbl money tap card almost impossible to clone.

What are the  moneytap rbl credit card charges?

Particulars	Payable amount
RBL bank credit card cash withdrawal charges	2.5% against the amount, min Rs. 500 (check your rbl credit card limit before making a withdrawal)
RBL moneytap card finance charge	The RBL money tap interest rate is 3.99% monthly (applicable if you don’t pay rbl bank credit card bill on time)
RBL credit card foreign transaction fee	3.5% against the transaction amount
RBL add-on card fee	Free for a lifetime

How to contact the rbl credit card helpline department?

• 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 

Pros and cons of the rbl black moneytap credit card:

Pros	Cons
The rbl points earning rate is quite impressive. This rbl credit card offers a big discount on movie tickets. You will also get free access to airport lounges.	The moneytap card annual fee is quite high.

Final Opinion:

For regular usage, this money tap rbl credit card can be quite helpful. The powerful rbl card rewards scheme can earn you some handsome monthly savings, you can also enjoy free airport lounge access and free movie tickets every month, which makes this rbl credit card more attractive.

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 (Best for reward and lounge benefits)
2. Indusind Bank Platinum Aura Edge Credit Card (Best for reward and lounge benefits)
3. RBL Platinum Bonus Supercard (Best for rewards and instant loan facility)