RBL ShopRite Credit Card – Review, Benefits, Fee

RBL ShopRite Credit Card offered by RBL Bank, is a basic entry-level card with low annual charges. 1Best Rewards Credit Cards For March 2024 Website: Forbes Published: Nov 30, 2023, 7:04 pm Editor: Armaan Joshi It’s a good choice for earning rewards on all purchases, especially for grocery shopping, where you can get a 5% value back in the form of reward points.

This card offers various benefits, such as cashback at Shoprite stores, a waiver on fuel surcharges, and reward points that can be used for discounts on future purchases. Additionally, you can enjoy a 10% discount on movie tickets as an entertainment benefit.2 Shoprite Card – Credit Card for Grocery Shopping Website: RBL bank Category: Webpage

As a welcome offer, you’ll receive 2,000 Reward Points on your first purchase within 30 days of receiving the card. To avail of this offer, simply download the RBL MyCard Mobile App and pay the joining fee. It’s a straightforward process to start enjoying these benefits. 3RBL Bank’s journey from a legacy to a new age bank Website: Expresscomputer Published: Sep 21, 2017

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Features and Benefits

What Are the Features?

The ShopRite Credit Card is a basic entry-level card offered by RBL Bank, providing users with an array of benefits aimed at enhancing their shopping experience. It is particularly known for its rewards program, offering cashback on all purchases, with a focus on grocery spending. Additionally, cardholders can enjoy discounts on movie tickets and fuel surcharge waivers, making it a versatile option for everyday use.

The RBL ShopRite Credit Card has garnered positive reviews from users for its affordability and rewards program. The ease of earning and redeeming reward points, coupled with the various discounts and waivers offered, makes it a practical choice for budget-conscious consumers.

While some may find the benefits limited compared to premium cards, the ShopRite Credit Card remains a popular option for those seeking value for money.

  1. Earn 5% value back on grocery spending.
  2. Enjoy a 10% discount on movie tickets.
  3. Receive a welcome gift of 2,000 Reward Points.
  4. Get a fuel surcharge waiver of up to INR 100/month.
  5. Earn 1 reward point for every INR 100 spent (excluding specific categories).
  6. Access easy EMI options for high-value purchases.
  7. Manage your card conveniently with the RBL MyCard Mobile App.
  8. Avail cashback on purchases made at Shoprite stores.
  9. Benefit from insurance cover for added security.
  10. Redeem reward points for various options like gift vouchers and cashback.

Reward Points on Purchases

  1. Earn 1 reward point for every INR 100 spent on most purchases, except for fuel, railways, utility, rental, and miscellaneous categories. 4RBL Bank Monthly Treats Credit Card Terms and Conditions Website: RBL Bank Category: PDF
  2. Get a whopping 5% value back on grocery shopping with your card.
  3. Every time you use your card for grocery shopping, you’ll earn 20 reward points for every INR 100 spent, up to a maximum of 1,000 reward points per month.
  4. Enjoy entertainment perks with a 10% discount on movie tickets. 5Shoprite Credit Card cloudfront.net Website: RBL OFFICIAL Category: PDF
  5. Avail of the movie ticket discount up to 15 times a year, saving up to INR 100 each time.
  6. To get the movie discount, select the RBL Bank 10% offer under Credit Card offers and discounts after choosing your movie on BookMyShow.
  7. Say goodbye to fuel surcharges with your Shoprite Credit Card. Enjoy a waiver on fuel surcharges at all fuel stations for transactions between INR 500 and INR 4,000.
  8. The maximum waiver for fuel surcharges is INR 100 per month.
  9. Note that starting October 9, 2023, transactions made on wallet and insurance categories won’t earn reward points. 6 RBL Bank Shoprite Credit Card Terms and Conditions Website: RBL bank Category: PDF
  10. Categories such as railways, petrol, utility, wallet, rental, insurance, and miscellaneous are defined as per VISA and Mastercard guidelines.

Additional Features

Additional FeaturesDescription (Details)
Add-on CardYes And No Charges
Insurance CoverInsurance cover for lost or stolen card
EMI FacilityYes Convert ₹2500 OR More Purchases into Easy Monthly EMI
– Use RBL MyCards App For Easily Convert
Contactless PaymentYes
Set Card Control
Use the RBL MyCards App to set the limit of the card

The Annual and joining Fee

The annual fee for the RBL ShopRite Credit Card is ₹500 plus GST. Using the card and spending ₹1.5 Lakhs in the previous year waives this fee. It’s ideal for beginners to save on charges and build a good credit history.

Lounge Access and More

While the ShopRite Credit Card does not offer domestic airport lounge access, it compensates with its focus on everyday benefits such as cashback, discounts, and waivers. This aligns with its target demographic of consumers looking for practical and affordable financial solutions.

The Card Charges

CategoryOverview
Welcome Benefits2,000 rewards as a welcome gift on the first usage of the card
Annual Fees on The CardINR 500 + GST Taxes
Renewal Fee WaiverFee reversal waiver on spending INR 1.5 Lakhs in the previous year
First Year FeeINR 500 + GST Taxes
Joining ChargesNil
Finance Fees (Interest Rate)3.5% – 3.99% per month
Late Payment FeeRanges from INR 100 to INR 1,000 depending on total overdue amount 7Schedule of Charges Website: RBL Bank Category: PDF
Overlimit Charges2.5% of the over-limit amount
Add-on CardsNil
Cash Advance Fee2.5% of the cash advance amount
Reward Redemption FeeINR 99 + GST applicable on the redemption of reward points on RBL Credit Cards

How to Use Reward Points Redemption

  • To redeem your RBL reward points, valued at ₹0.25 each, visit the official RBL Bank website and log in via Credit Card. 8Terms & Conditions (https://www.rblrewards.com/tnc) Website: RBLRewards
  • Navigate to the Rewards tab on the net banking portal, then select Redeem Rewards.
  • Choose your preferred redemption option from options like Gift Vouchers, Cashback, or Airline Miles.
  • Enter the necessary details and submit your redemption request.
  • Keep in mind that a reward redemption fee of ₹99 and taxes apply.
  • Once submitted, the reward points will be deducted from your account, and the redemption request will be processed accordingly.

This straightforward process allows cardholders to make the most of their accumulated reward points.

What Are the Eligibility Criteria

To be eligible for the RBL ShopRite Credit Card, applicants must be Indian residents aged 18 to 60 years. Salaried or self-employed individuals with a monthly income ranging from ₹12,000 to ₹25,000 and a good credit score of 750 or above qualify. Additionally, add-on cardholders must be at least 18 years old. 9Want To Apply For A Credit Card? Important Credit Card Eligibility Terms to Know Website: Deccan Chronicle Category: Webpage Published: 12 October 2023 1:09 PM (Update:7 March 2024 1:56 PM)

Eligibility CriteriaOverview
OccupationSalaried, And Self-Employed
Should be a resident of IndiaYes
Age18 and 60 years old
Add-On Card Age Required18 years and above
Minimum SalaryThe minimum income requirement ranges from ₹12,000 to ₹25,000 per month For easily Eligible for the credit card
Credit ScoreGood Credit Score upto 750

Documents Required

FAQs

  • What is the RBL ShopRite Credit Card?

    RBL ShopRite card is one of the basic entry-level credit cards for earning rewards on each purchase. it comes with very minimal annual membership charges and fee waiver benefits. Moreover, it could be a fantastic card for various benefits, such as cashback on purchases made at grocery stores, fuel surcharge waivers, movie ticket discounts, and other exclusive discounts.

  • What Is the RBL Bank Credit Card Customer Care Number?

    you can use the RBL Bank Credit Card 24/7 Toll-free Number of +91 22 6232 7777 or 1800 121 9050 from your registered mobile number for regular queries related to RBL Credit cards.

  • How can I redeem my reward points?

    You can redeem your reward points by logging into the RBL Bank net banking portal, selecting the ‘Rewards’ tab, and choosing the ‘Redeem Rewards’ option. You can then select your preferred redemption option and submit the request.

  • Does the offer any entertainment benefits?

    Yes, you can enjoy a 10% discount on movie tickets booked through BookMyShow, up to 15 times a year.

  • What are the welcome benefits?

    As a welcome gift, you’ll receive 2,000 reward points on your first purchase within 30 days of card issuance.

  • Are there any charges for late payments or over-limit transactions?

    Yes, late payment fees range from ₹100 to ₹1,000 depending on the total overdue amount, and over-limit charges are 2.5% of the over-limit amount.

  • Does the ShopRite Credit Card offer Airport lounge access?

    No, the RBL ShopRite Credit Card does not offer domestic or international airport lounge access as part of its benefits package.

  • is RBL Shoprite Credit card Lifetime Free?

    No, the ShopRite Credit Card is not lifetime free. It has an annual membership fee of ₹500 plus GST. However, this fee can be waived off if you spend ₹1.5 lakhs or more in the previous year using the card.

References

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