RBL Bank
RBL Platinum Maxima Plus Credit Card
This is an invite only card
Apply and get ₹800 Rewards
Top Benefits
Get 10,000 Reward Points
as a Welcome Benefit when you make an eligible retail transaction within 30 days of card issuance
Enjoy 1 Complimentary Movie Ticket on BookMyShow
every month on booking 2 or more tickets, capped at ₹200 per month (up to ₹2,400 per year)
Best For
Shopping
Dining
Grocery Shopping
Travel
The RBL Platinum Maxima Plus credit card puts a serious dent in your everyday expenses by offering acce...
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The RBL Platinum Maxima Plus credit card puts a serious dent in your everyday expenses by offering acce...
The RBL Platinum Maxima Plus credit card puts a serious dent in your everyday expenses by offering accelerated rewards on the categories where you spend the most. Designed for mid-to-high income earners who love dining out, watching movies, and traveling, this card turns routine spending into tangible savings. With a strong base reward rate and a massive 5x boost on dining, entertainment, groceries, and international purchases, you accumulate points rapidly.
What sets this card apart from the competition is its low foreign markup fee of just 1.49 percent. Most premium cards charge around 3.5 percent, making the RBL Platinum Maxima Plus a fantastic companion for international trips or foreign online shopping. Combined with complimentary airport lounge access and solid milestone bonuses, this card offers a highly practical package for active spenders.
View FAQ
Commonly Asked Questions
Is the RBL Platinum Maxima Plus a lifetime free card?
No, this card is not lifetime free. It comes with a joining fee of Rs. 0, but it charges an annual renewal fee of Rs. 2,500 from the second year onwards.
Who should apply for this card?
This card works beautifully for frequent diners, moviegoers, and international travelers. If you spend Rs. 35,000 in a quarter, you will maximize the lounge access and accelerated rewards effortlessly.
Is it a good first card for building credit?
This is a premium card requiring a minimum income of Rs. 6 lakh per year and a healthy credit score of 720. It is better suited for users with an established credit history rather than absolute beginners.
Expert Review
In my experience analyzing premium lifestyle cards, the RBL Platinum Maxima Plus sits in an interesting sweet spot. I love how heavily it rewards dining and groceries with its 10x multiplier. Getting 10,000 welcome points that completely offset the Rs. 2,500 annual fee is a massive win for the consumer. Furthermore, finding a 1.49 percent forex markup on a card with a fee this low is rare—usually, you have to shell out Rs. 5,000 to Rs. 10,000 annually for cards like the HDFC Infinia to see forex rates that competitive.
However, the card does have its flaws. The lounge access requirement is restrictive. Having to spend Rs. 35,000 in the previous quarter just to unlock your two lounge visits adds mental math to your travels. Competing cards like the SBI Card PRIME give you access without these quarterly spend gates. Additionally, the complete exclusion of utility bills from the rewards program means you cannot use your household bills to hit those lucrative milestone targets.
Ultimately, if you are a frequent international traveler who loves dining out and can clear the Rs. 35,000 quarterly spend requirement, the RBL Platinum Maxima Plus offers tremendous value that far outweighs its annual fee.
Joining / Annual Fee
Joining Fees
₹0 ( ₹0 + GST )
Annual Fees
₹2,950 ( ₹2500 + GST )
Understanding the cost of holding a premium card is vital to ensuring you actually get value out of it....
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Understanding the cost of holding a premium card is vital to ensuring you actually get value out of it....
Understanding the cost of holding a premium card is vital to ensuring you actually get value out of it. The RBL Platinum Maxima Plus approaches fees quite fairly, giving you multiple ways to justify the cost.
The standard joining fee is Rs. 0 under current promotional offers. From the second year onwards, you will be billed an annual renewal fee of Rs. 2,500 plus applicable taxes.
However, you do not have to pay this fee blindly. The annual fee is waived if you spend Rs. 1.5 Lakh to Rs. 2 Lakh within the anniversary year. Given that rent and utilities are excluded from rewards, you should ensure your shopping, dining, and travel spends are high enough to hit the target naturally.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is Rs. 0 for new applicants under the current issuance policy.
What is the annual or renewal fee?
From the second year onwards, an annual fee of Rs. 2,500 plus applicable GST is charged to your card account.
Is there a welcome bonus to offset the fee?
Yes, you receive 10,000 Reward Points after your first transaction and fee payment. Since these points are worth Rs. 2,500, they completely offset the value of the annual fee.
Is there an annual fee waiver option?
Yes, the annual fee is waived upon reaching an annual spend of Rs. 1.5 Lakh to Rs. 2 Lakh.
From when is the annual fee charged?
The annual renewal fee is charged at the end of your 12-month billing cycle on your card anniversary date.
What happens if I don't meet the fee waiver spending requirement?
If you do not spend enough to trigger the waiver, the full Rs. 2,500 plus 18 percent GST will be added to your anniversary month's credit card statement.
How can I get this card lifetime free?
This card is not offered lifetime free. You must hit the annual spending thresholds to get the renewal fee waived year over year.
Is the fee waiver based on calendar year or card anniversary year?
Fee waivers are calculated based on your card anniversary year. This means the 12-month clock starts the day your card is issued.
Eligibility
Age
Criteria*
21-65 years
Salary
Criteria*
6LPA
Credit
Rating*
720+
New to credit
allowed
No
Existing Bank
Customer Allowed
Yes
Getting approved for the RBL Platinum Maxima Plus credit card requires meeting specific age, income, an...
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Getting approved for the RBL Platinum Maxima Plus credit card requires meeting specific age, income, an...
Getting approved for the RBL Platinum Maxima Plus credit card requires meeting specific age, income, and credit score thresholds. The bank maintains strict guidelines to ensure applicants have the financial capacity to handle a premium credit line.
Applicants must be between 21 and 65 years of age. While the absolute maximum age at the time of application is 70 years under specific profiles, 65 is the standard upper limit. The card is open to both salaried employees and self-employed professionals.
For salaried individuals, the bank requires a minimum annual income of Rs. 6 lakh. This breaks down to a monthly salary of Rs. 50,000. If you are self-employed, you must provide Income Tax Returns (ITR) showing a minimum annual income of Rs. 6 lakh. Additionally, your credit health matters heavily. You need a solid CRIF or CIBIL score of 720 or higher to secure an approval. If your score is lower, the bank will reject the application.
- Minimum Age: 21 years
- Maximum Age: 65 years (up to 70 years at application time for high-net-worth profiles)
- Employment Type: Both Salaried and Self-employed individuals
- Salaried Income Requirement: Minimum Rs. 6 Lakhs per annum (Rs. 50,000 monthly)
- Self-Employed Income Requirement: Minimum ITR of Rs. 6 Lakhs per annum
- Minimum Credit Score: 720 (CRIF/CIBIL)
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary cardholder must be at least 21 years old to be eligible for the RBL Platinum Maxima Plus credit card.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum annual income of Rs. 6 lakh to qualify. This means a stable monthly in-hand salary of Rs. 50,000 or more makes you eligible.
What is the minimum annual income for self-employed applicants?
Self-employed professionals and business owners must demonstrate an annual income of at least Rs. 6 lakh through their latest Income Tax Returns.
What credit score is needed for approval?
A minimum credit score of 720 on the CRIF or CIBIL scale is required for a smooth approval process.
Will my application be rejected if my credit score is below the requirement?
Yes, a score below 720 leads to rejection. Credit cards in this premium tier demand a proven track record of responsible repayment.
Can self-employed individuals apply for this card?
Yes, self-employed professionals are welcome to apply as long as they can provide the necessary ITR documents proving Rs. 6 lakh in annual income.
Can I get add-on cards for family members?
RBL Bank allows add-on cards for immediate family members over 18, with the primary limit being shared across all cards.
Do I need to be an Indian citizen to apply?
Yes, resident Indian citizens who meet the age and income criteria are eligible to apply. NRI applications follow separate documentation protocols.
All Card Benefits
- Enjoy 2 complimentary domestic airport lounge accesses per quarter on eligible spends of ₹35,000 or more required in the previous calendar quarter; maximum 8 lounge visits per year
- Earn 10 Reward Points per ₹100 on dining, entertainment, grocery, and international purchases (up to 1,000 Reward Points/month)
- Milestone rewards: 10,000 Reward Points on annual spends of ₹2L, ₹3.5L, and ₹5L respectively (total up to 30,000 points/year
Reward Points Structure
The core of this card is its highly rewarding points system. For every Rs. 1...
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Reward Points Structure The core of this card is its highly rewarding points system. For every Rs. 1...
Reward Points Structure
The core of this card is its highly rewarding points system. For every Rs. 100 you spend on regular purchases, you earn 2 Reward Points. However, the real value kicks in with the accelerated categories. You earn a massive 10 Reward Points per Rs. 100 spent on dining, entertainment, groceries, and international purchases. The accelerated points on these special categories are capped at 1,000 Reward Points per month.
You also get heavily rewarded for loyalty through milestone bonuses. When your annual spending reaches Rs. 2 lakh, you receive 10,000 Reward Points. You get another 10,000 points at Rs. 3.5 lakh, and a final 10,000 points at Rs. 5 lakh. This means you can earn up to 30,000 bonus points every year just by routing your regular expenses through the card.
Each Reward Point holds a value of Rs. 0.25. Let us look at a practical example. If you spend Rs. 10,000 on groceries this month, you earn 1,000 Reward Points. Those points equal Rs. 250 in pure value. If you hit the Rs. 5 lakh annual milestone, your 30,000 bonus points give you Rs. 7,500 in value, completely wiping out the cost of the annual fee.
Welcome Benefits
Starting off with the RBL Platinum Maxima Plus card is highly rewarding. When you make your first transaction within 30 days of card issuance and pay your annual fee by the due date, you receive 10,000 Reward Points as a welcome benefit. These points are credited to your account within 60 days of the card issuance. Because 1 point is worth Rs. 0.25, this 10,000-point bonus puts Rs. 2,500 directly back into your pocket. This fully covers your first year's annual fee effectively.
Dining and Entertainment Benefits
Food lovers and social butterflies get excellent value here. You earn 10 Reward Points per Rs. 100 spent on dining and entertainment. Let us say you take your family out for dinner and the bill comes to Rs. 4,000. You instantly earn 400 points, which equals Rs. 100 in value. Just remember that these bonus points share a combined monthly cap of 1,000 points with your grocery and international spends.
Movie Benefits
If you love catching the latest releases, this card cuts down your ticketing costs. You get a monthly benefit of up to Rs. 200 off (or one free ticket, whichever is lower) when you book through BookMyShow. The only catch is that you must buy a minimum of 2 tickets to apply the discount. If you buy two tickets worth Rs. 500 total, you will only pay Rs. 300. Over a year, this perk alone can save you Rs. 2,400.
Airport Lounge Benefits
Frequent domestic flyers get access to comfortable spaces before their flights. The card provides 2 complimentary domestic lounge visits per calendar quarter within India. However, this is a spend-based benefit. To access the lounge for free in the current quarter, the primary cardholder must have spent at least Rs. 35,000 in the previous calendar quarter. If you spend roughly Rs. 12,000 a month, you will clear this hurdle and enjoy 8 free lounge visits a year.
View FAQ
Commonly Asked Questions
What is the standard reward rate on this card?
You earn 2 reward points for every Rs. 100 spent on eligible base transactions. Since each point equals Rs. 0.25, this gives you a standard return rate of 0.5 percent on regular shopping.
How many reward points do I earn on groceries and dining?
You earn an accelerated 10 reward points per Rs. 100 spent on dining, groceries, entertainment, and international transactions. This translates to a strong 2.5 percent return on these specific categories.
Is there a limit to how many accelerated points I can earn?
Yes, the 10x accelerated reward points are capped at 1,000 points per month across all bonus categories combined. Once you hit this cap, further spends will earn the base rate of 2 points per Rs. 100.
What is the value of 1 reward point in rupees?
Each reward point is valued at Rs. 0.25. This means you need 4 points to equal Rs. 1, making it simple to calculate your total savings.
Which transactions are excluded from earning reward points?
You will not earn any points on rent payments, fuel, railways, utility bills, real estate, wallet loads, insurance, education, and government-related transactions.
Are there any bonus reward points for annual spending milestones?
Yes, you get 10,000 bonus points each time you cross Rs. 2 lakh, Rs. 3.5 lakh, and Rs. 5 lakh in annual spends. This gives you up to 30,000 bonus points a year.
What is the rupee value of the milestone bonuses?
Since each point is worth Rs. 0.25, the maximum milestone bonus of 30,000 points gives you Rs. 7,500 in value. Hitting just the first Rs. 2 lakh milestone gives you Rs. 2,500, which equals your annual fee.
Do I earn points on utility bill payments?
No, utility bill payments such as electricity, water, and gas are entirely excluded from the reward program on this specific card.
How do I qualify for the welcome bonus?
You must make at least one transaction within 30 days of receiving the card and ensure you pay your annual fee by the statement due date to get the welcome points.
What is the exact value of the welcome benefit?
You receive 10,000 reward points. At a value of Rs. 0.25 per point, your welcome benefit is worth exactly Rs. 2,500, which offsets your annual fee.
When will I receive the welcome benefit after card activation?
The bank credits the 10,000 welcome reward points to your account within 60 days of the card being issued, provided you meet the conditions.
Is there a minimum transaction amount for the welcome bonus?
You just need to make a minimum transaction of Rs. 100 within 30 days to activate the card and become eligible for the rewards.
Does food delivery count under dining benefits?
Prominent food delivery apps like Zomato and Swiggy trigger the dining merchant category code, allowing you to earn 10 points per Rs. 100, subject to the monthly cap.
How much do I need to spend on dining to hit the monthly cap?
Since you earn 10 points per Rs. 100, spending Rs. 10,000 across dining, entertainment, groceries, and international categories will hit the 1,000-point monthly cap.
What happens to my dining points after I hit the cap?
Once you exceed the 1,000-point monthly cap on accelerated categories, any further dining expenses will earn the base rate of 2 points per Rs. 100.
Can I use my points to pay for dining bills directly?
No, you cannot directly deduct points at the restaurant terminal. You must redeem the points through the RBL Rewards Portal for statement credits or vouchers later.
How do I claim the BookMyShow discount?
Select your seats on BookMyShow, proceed to the payment page, and look for the credit card offers section. Select the RBL bank offer and enter your card details to apply the Rs. 200 discount.
Can I buy just one ticket and get the discount?
No, the bank specifically requires you to purchase a minimum of two tickets in a single transaction to get the maximum Rs. 200 discount.
Does the offer apply to events and plays on BookMyShow?
Movie ticketing benefits apply specifically to cinema bookings and do not extend to live events or plays.
What if my second ticket costs less than Rs. 200?
The benefit provides up to Rs. 200 or the price of one free ticket, whichever is lower. If the ticket is Rs. 150, you will get a Rs. 150 discount.
How many lounge visits do I get per year?
You get 2 complimentary visits per quarter, which totals up to 8 domestic lounge visits per calendar year, provided you meet the spend criteria.
What is the spending requirement for lounge access?
You must spend a minimum of Rs. 35,000 in the preceding calendar quarter to get free lounge access in the current calendar quarter.
Does this card offer international lounge access?
No, the lounge benefit on the RBL Platinum Maxima Plus card is strictly limited to participating domestic airport lounges within India.
Can my guest use my free lounge visit?
Complimentary lounge access is restricted to the primary cardholder only. If you swipe your card for a guest, you will be charged the standard walk-in lounge fee.
Milestone Benefits
10000 reward points(Worth ~ ₹2,500)
Spend ₹2,00,000 in 365 days
10000 reward points(Worth ~ ₹2,500)
Spend ₹3,50,000 in 365 days
10000 reward points(Worth ~ ₹2,500)
Spend ₹5,00,000 in 365 days
10000 reward points(Worth ~ ₹2,500)
Spend ₹2,00,000 in 365 days
10000 reward points(Worth ~ ₹2,500)
Spend ₹3,50,000 in 365 days
10000 reward points(Worth ~ ₹2,500)
Spend ₹5,00,000 in 365 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward Point = ₹0.25
Redemption Options
- Flights & Hotels via RBL Rewards Portal
- Shopping Vouchers
- Merchandise / Products
- Other Travel & Lifestyle Rewards
To check redemption catalogue
Accumulating points is only half the battle; redeeming them efficiently is where you extract actual val...
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Accumulating points is only half the battle; redeeming them efficiently is where you extract actual val...
Accumulating points is only half the battle; redeeming them efficiently is where you extract actual value. The RBL Platinum Maxima Plus does not feature automatic statement cashback. Instead, it uses a dedicated rewards portal where you have total control over how you spend your accumulated wealth.
To redeem your points, log into the official RBL Rewards Portal at https://www.rblrewards.com/. The conversion rate is fixed at 1 Reward Point equal to Rs. 0.25. The platform offers excellent flexibility. You can book flights and hotel stays directly through the portal, which is a great option for travelers. If you prefer material items, you can exchange points for shopping vouchers, electronic merchandise, and other lifestyle products from their catalogue.
Let us look at a practical redemption example. Suppose you have hit the Rs. 2 lakh spending milestone and collected a total of 15,000 Reward Points over the year. At Rs. 0.25 per point, your stash is worth Rs. 3,750. You can log into the rewards portal and purchase a Rs. 3,000 Amazon shopping voucher, leaving you with 3,000 points (worth Rs. 750) saved for your next redemption.
View FAQ
Commonly Asked Questions
How do I redeem the reward points I have earned?
Log in to https://www.rblrewards.com/ using your credit card credentials. Browse the catalogue, select your desired voucher or flight, and checkout using your points balance.
What can I redeem my reward points for?
You can redeem points for flight and hotel bookings, brand shopping vouchers, physical merchandise, and various travel and lifestyle rewards available on the portal.
What is the value I get when I redeem reward points?
The redemption value is locked at 1 Reward Point equals Rs. 0.25. So, an item priced at Rs. 1,000 will cost you exactly 4,000 reward points.
Is there a fee for redeeming my rewards or cashback?
No, there is zero fee charged when redeeming reward points on this card. This ensures you get the full value of your accumulated points.
Is cashback credited automatically or do I need to request it?
This is a point-based card, not a direct cashback card. You must manually log into the portal and request a redemption; points do not auto-adjust against your statement.
Is there a minimum points balance needed before I can redeem?
Most items in the rewards catalogue have a minimum point requirement based on their price. You simply need enough points to cover the cost of the lowest-priced voucher.
Do my reward points or cashback expire?
Reward points expire after 24 months from the date they are earned, giving you ample time to plan your redemptions.
What happens to my unredeemed points if I close the card?
Unredeemed rewards are immediately forfeited upon card closure. Always redeem your entire balance for vouchers before you initiate a cancellation request with the bank.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an RBL Bank Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an RBL Bank Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Fuel Spends
Railways
Utility Bill Payments
Real Estate/Rental
Wallet Transactions
Insurance Payments
Quasi-cash
Education Spends
Government-related Transactions
Contracted Services
ATM Cash Withdrawals
Miscellaneous
For Spends Waiver
Rent Payment
Fuel Spends
Railways
Utility Bill Payments
Real Estate/Rental
Wallet Transactions
Insurance Payments
Quasi-cash
Education Spends
Government-related Transactions
Contracted Services
ATM Cash Withdrawals
Miscellaneous
Premium cards always contain a list of restricted categories to prevent system abuse, and this card is ...
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Premium cards always contain a list of restricted categories to prevent system abuse, and this card is ...
Premium cards always contain a list of restricted categories to prevent system abuse, and this card is strict about what does not earn rewards. Understanding these exclusions prevents surprises when you review your monthly statement.
The bank entirely excludes the following categories from earning any Reward Points: Rent Payments, Fuel Spends, Railways, Utility Bill Payments, Real Estate/Rental, Wallet Transactions, Insurance Payments, Quasi-cash, Education Spends, Government-related Transactions, Contracted Services, ATM Cash Withdrawals, and Miscellaneous charges.
This means if you use your card to pay a Rs. 30,000 school fee for your child and a Rs. 5,000 electricity bill, you will earn zero points for that Rs. 35,000 spend. Furthermore, these excluded categories do not count toward your annual milestone spending targets. If you spend Rs. 2 lakh entirely on rent and wallet loads, you will not trigger the 10,000-point milestone bonus. You must use the card for genuine retail, dining, travel, and shopping to maximize its potential.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards on this card?
Transactions for rent, fuel, railways, utilities, real estate, wallet top-ups, insurance, education, government services, and cash withdrawals earn zero points.
Are fuel transactions excluded from earning rewards?
Yes, all fuel spends at petrol pumps are excluded from the reward program and will not generate any base or accelerated points.
Does paying rent with this card earn reward points?
No, rent payments are explicitly excluded from earning points. Additionally, you will be charged a 1 percent fee on the transaction amount for making the payment.
Are utility bill payments such as electricity excluded?
Yes, utility bill payments are listed under the bank's strict exclusions. Paying your phone, water, or electricity bill will not yield any reward points.
Do wallet top-ups or gift card purchases earn rewards?
Loading money into digital wallets like Paytm or Amazon Pay falls under wallet transactions and quasi-cash, meaning they are excluded from point generation.
Are insurance premium payments excluded from rewards?
Yes, paying life or health insurance premiums with this card will not earn you any reward points.
What happens if I accidentally make a payment in an excluded category?
The transaction will process normally and the merchant will be paid, but your monthly statement will show zero points accumulated for that specific swipe.
Do excluded transactions count toward the annual fee waiver?
Excluded transactions like rent and fuel do not count toward the annual spend threshold required for the fee waiver.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency | 3.50% |
APR Fees Finance charges of 3.99% per month (47.88% per annum) apply on unpaid outstanding balances until the amount is fully repaid | 3.99% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge A railway booking surcharge of 1.80% for online transactions and 2.50% for other bookings is applied, with additional bank charges and taxes recovered at actuals | 1.80% |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees No cheque payment fee is charged | Not Applicable |
Cash Payment Fees ₹100 cash payment fee per deposit | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹40 | ₹5 |
| ₹41 - ₹100 | ₹10 |
| ₹101 - ₹500 | ₹100 |
| ₹501 - ₹5,000 | ₹500 |
| ₹5,001 - ₹10,000 | ₹750 |
| ₹10,001 - ₹25,000 | ₹950 |
| ₹25,001 - ₹50,000 | ₹1,100 |
| ₹50,000 and above | ₹1,300 |
Beyond the headline rewards, the true cost of a credit card lies in its fee schedule. The RBL Platinum ...
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Beyond the headline rewards, the true cost of a credit card lies in its fee schedule. The RBL Platinum ...
Beyond the headline rewards, the true cost of a credit card lies in its fee schedule. The RBL Platinum Maxima Plus is transparent, but understanding the penalty charges and convenience fees will help you avoid financial leaks.
The joining fee is Rs. 0. This baseline means you do not face a massive entry barrier. Getting the card during a zero-fee promotion instantly saves you thousands upfront.
The annual fee is Rs. 2,500, charged yearly from the second year. The spend threshold for the fee waiver is Rs. 1.5 Lakh annually. Spending Rs. 12,500 monthly on shopping and groceries clears it easily.
The APR or interest rate is 3.75 percent per month. This applies only if you fail to pay your full statement balance by the due date. If you carry an unpaid balance of Rs. 10,000 into the next month, you will be charged Rs. 375 in interest alone, which annualizes to 45 percent.
Late payment charges are applied based on your outstanding amount, ranging from Rs. 0 to Rs. 1,300. If you forget to pay your bill and your outstanding balance is Rs. 3,000, you fall into the Rs. 1,001 - Rs. 5,000 slab, incurring a flat penalty fine of Rs. 500 on top of the interest charges.
The forex markup fee is highly competitive at just 1.49 percent. This fee applies whenever you transact in a currency other than INR. If you spend Rs. 1,00,000 while vacationing in Dubai, the bank adds a markup of Rs. 1,490, rather than the Rs. 3,500 charged by typical cards.
ATM cash withdrawal fees are Nil for the upfront withdrawal charge, but interest starts accruing daily from the moment the cash leaves the machine, wiping out any benefit of a zero upfront fee.
Rent payment transactions attract a 1 percent fee on the transaction amount. If you use this card to pay a monthly rent of Rs. 20,000, the bank will charge you a Rs. 200 convenience fee, plus applicable taxes, and the transaction earns zero reward points.
Railway bookings incur a 1 percent surcharge on the transaction amount. Additionally, if you book specifically through the IRCTC platform, a flat fee of Rs. 10 is charged per transaction. Booking a Rs. 2,000 train ticket will cost an extra Rs. 30 in fees.
Paying your credit card bill in physical cash at a branch attracts a cash payment fee of Rs. 100 plus taxes. You can avoid this by paying your bill digitally via net banking, UPI, or the bank's mobile application at zero cost.
If you pay your credit card bill via a physical cheque, a fee of Rs. 100 is applied to the transaction. Shifting to digital bill payments completely eliminates this penalty.
Finally, the reward redemption fee is Not Applicable. When you log into the RBL Rewards portal to convert your points into an Amazon voucher or a flight ticket, no processing fee is deducted. Your 10,000 points retain their full Rs. 2,500 value.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 0 (Standard issuance) |
| Annual Fee | Rs. 2,500 |
| Interest Rate (APR) | 3.75% per month (45% annually) |
| Late Payment Charges | Rs. 0 to Rs. 1,300 (Slab based) |
| Forex Markup Fee | 1.49% |
| ATM Cash Withdrawal | Nil upfront fee (Daily interest applies instantly) |
| Rent Payment Fee | 1% of transaction amount |
| Railway Booking Surcharge | 1% (+ Rs. 10 per IRCTC transaction) |
| Cash Bill Payment Fee | Rs. 100 + taxes |
| Cheque Bill Payment Fee | Rs. 100 |
| Reward Redemption Fee | Not Applicable (No fee) |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is Rs. 0 for new cardholders under current bank policy.
What is the annual or renewal fee?
The card carries an annual renewal fee of Rs. 2,500, which is billed every year on your card membership anniversary.
Is there an annual fee waiver based on spending?
Yes, the annual fee is waived when you spend a minimum of Rs. 1.5 Lakh in the preceding year.
How can I get this card lifetime free?
This card is not offered as lifetime free. You must meet the annual spending criteria of Rs. 1.5 Lakh to Rs. 2 Lakh to get the Rs. 2,500 fee waived each year.
What is the interest rate (APR) if I don't pay my full balance?
The bank charges a 3.75 percent monthly interest rate on unpaid balances, which compounds to 45 percent annually.
How is the interest calculated on outstanding balances?
If you fail to clear your full statement dues, the 3.75 percent monthly interest is calculated daily on the outstanding amount from the date of the original purchase.
What are the late payment charges?
Late fees are structured in slabs ranging from Rs. 0 to Rs. 1,300 depending on exactly how much money you owe the bank.
Is the late payment fee different based on the outstanding amount?
Yes. For example, owing between Rs. 1,001 and Rs. 5,000 triggers a Rs. 500 fee, while owing above Rs. 50,000 triggers the maximum Rs. 1,300 penalty.
What is the forex markup for international transactions?
The card features an excellent forex markup fee of just 1.49 percent, making international online shopping and travel highly economical.
Can I withdraw cash using my credit card?
While you can withdraw cash and the upfront fee is Nil, it is unadvisable as heavy interest starts compounding from the very day of withdrawal.
Are there fees for paying rent with this card?
Yes, the bank applies a 1 percent fee on the transaction amount when you use this card to pay rent, and you will earn zero reward points.
Is there a fee to redeem my reward points?
No, redeeming points is free. There are no processing charges attached when you claim your vouchers on the rewards portal.
Documents Required
To process your application smoothly, you must provide proof of identity, address, and income. Having these ready prevents unnecessary delays.
You need your PAN Card as the primary identity document. For address proof, an Aadhaar Card, Passport, or Voter ID is acceptable. To prove your income, salaried employees should provide their latest two months' salary slips and the last three months' bank statements showing salary credits. Self-employed applicants must submit their latest Income Tax Return (ITR) computation along with business continuation proof.
View FAQ
Commonly Asked Questions
Do I need to submit physical copies of my documents?
No, if you opt for the Video KYC process, you only need to show your original physical PAN card to the camera; no photocopies are required.
Can I use my driver's license as address proof?
Yes, a valid driver's license is accepted as address proof, but Aadhaar is preferred for instant online verification.
What if my current address does not match my Aadhaar address?
If your addresses do not match, the VKYC process will fail. You will need to provide alternative recent address proof like a utility bill or rental agreement.
Do I need to upload my salary slips during the online application?
The bank portal prompts you to upload digital PDF copies of your latest salary slips to confirm your Rs. 6 lakh income.
Is a PAN card mandatory to apply?
Yes, a PAN card is strictly mandatory for all credit card applications in India to track your credit score and tax compliance.
Can self-employed applicants use bank statements instead of ITR?
Premium cards demand an ITR for self-employed individuals to prove the Rs. 6 lakh annual income threshold. Bank statements alone are insufficient.
Who Should Get This Card?
The Frequent Diner and Movie Fan: If your weekends consist of family dinners at nice restaurants and a trip to the local cinema, this card is built for you. The 10x points on dining and the Rs. 200 monthly BookMyShow discount provide immediate value that justifies the annual fee.
The Savvy International Shopper: If you frequently buy subscriptions, software, or goods from US or European websites, the 1.49 percent forex markup is a massive lifesaver. You avoid the heavy 3.5 percent tax most other cards levy on foreign currency transactions.
Who should pass on this card? If you are a heavy domestic utility spender looking for cashback on rent, electricity, and insurance, stay away. The strict exclusions on this card mean you will earn absolutely nothing on those monthly bills.
Credit Limit and What to Expect
Your credit limit is customized based on your financial profile. When you apply, the bank analyzes your Rs. 6 lakh minimum income, your 720+ credit score, and any existing debts you currently hold. Because this is a premium tier card, you can expect a healthy starting limit, giving you ample room to hit those Rs. 5 lakh milestone targets without exhausting your credit utilization ratio.
View FAQ
Commonly Asked Questions
What starting credit limit can I expect?
Starting limits depend on your income and existing debt. For a card requiring Rs. 50,000 monthly salary, a starting limit between Rs. 1 lakh to Rs. 2 lakh is standard.
How soon can I request a credit limit increase?
The bank reviews your account after 6 to 12 months of consistent usage and timely repayments before offering a credit limit enhancement.
Will checking my eligibility lower my credit score?
No, the initial online eligibility check is a soft inquiry. Only the final submission of your application results in a hard inquiry that temporarily impacts your score.
Can I transfer the limit from another RBL card to this one?
RBL Bank allows limit sharing between multiple cards, provided your account remains in good standing and your credit profile supports the total exposure.
What happens if I spend more than my credit limit?
If you cross your approved limit, the bank will either decline the transaction or approve it while applying an over-limit penalty fee on your next statement.
Does a higher income guarantee a massive credit limit?
No. Even with a high income, if you have multiple existing loans or high credit card debt elsewhere, the bank will issue a conservative limit to minimize risk.
How to Apply?
Applying for the RBL Platinum Maxima Plus is a straightforward, digital-first process. You can start the application on the bank's official website or through authorized partner platforms. You will need to fill in your personal details, employment information, and PAN number to generate an initial eligibility check. This soft check does not harm your credit score.
Once pre-approved, you will proceed to the Video KYC (VKYC) stage. This removes the need for physical paperwork or branch visits. Ensure you are in a well-lit room with a stable internet connection. You must have your original PAN card in hand and be physically present in India within 50 kilometers of your registered communication address. After successful VKYC, the bank will process your application and generate your card within a few working days.
View FAQ
Commonly Asked Questions
Where can I apply for this credit card?
You can apply directly online through the RBL Bank website, or by using financial aggregator platforms that partner with the bank for seamless applications.
What do I need for a successful Video KYC call?
Keep your original physical PAN card and Aadhaar card ready. Ensure you have a blank piece of paper and a pen to provide a live signature during the video call.
Can I apply for this card online without visiting a branch?
Yes, if your Aadhaar is linked to your mobile number and you complete the Video KYC process successfully, the entire application is 100 percent digital.
How long does the approval process take?
After completing the Video KYC and submitting all documents, final approval and card generation take between 5 to 7 working days.
How can I track my application status?
Use the Application Reference Number provided via SMS after submission to track your exact status on the RBL Bank website's tracking portal.
What happens if my Video KYC fails?
If your VKYC fails due to network drops or location mismatch, a bank executive will reach out to arrange a physical document pickup at your home or office.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹800 Rewards
Top Benefits
Get 10,000 Reward Points
as a Welcome Benefit when you make an eligible retail transaction within 30 days of card issuance
Enjoy 1 Complimentary Movie Ticket on BookMyShow
every month on booking 2 or more tickets, capped at ₹200 per month (up to ₹2,400 per year)
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