Everyone wants a credit card that will help them save on all their expenditures, because who doesn’t love to save a penny? Therefore, today, we want to talk about the RBL Bank ShopRite Credit Card that is a savior for all your spends and expenditures. This is a credit card that allows you to obtain rewards on grocery items and also entertainment expenses like movie tickets. Let us dive in deep into the RBL Bank ShopRite Credit Card and see how it will provide you with the best credit card experience.
RBL Bank ShopRite Credit Card
Joining Fee:
Rs. 500 + GST
Best Suited :
shopping, food, and traveling.
Renewal Fee:
Rs. 500 + GST
Reward Type:
Reward Points
Welcome Benefits:
A cardholder of a ShopRite credit card can earn 2,000 bonus reward points as a welcome gift.
Fees and Charges
- Spend-Based Waiver: The ShopRite Credit Card offers you a waiver on the yearly fee upon the amount transacted using the credit card.
- Rewards Redemption Fee: Each redemption request with the RBL Bank ShopRite Credit Card incurs a fee of Rs. 99 + GST.
- Foreign Currency Markup: The RBL Bank ShopRite Credit Card charges up to 3.5% on international spends.
- Interest Rates: The RBL Bank ShopRite Credit Card has interest rates of up to 3.99% per month.
- Fuel Surcharge: As part of the RBL Bank ShopRite Credit Card benefits, you can get up to 2.5% value back on the fuel surcharge when you transact in between Rs. 500 and Rs. 4000.
- Cash Advance Charges: The RBL Bank ShopRite Credit Card applies a cash advance charge of either 2.5% of the amount withdrawn or Rs. 100, whichever is higher.
RBL Bank ShopRite Credit Card Details
- The RBL Bank ShopRite Credit Card also features attractive benefits, including receipt of 2000 reward points on account issuance.
- Get 1 reward point for every Rs. 100 spent on retail transactions through the RBL Bank ShopRite Credit Card.
- Earn 20 reward points for each Rs. 100 spent on groceries using the RBL Bank ShopRite Credit Card.
- Avail Flat 10% Off on Movie Tickets by using RBL Bank ShopRite Credit Card on BookMyShow.
- Enjoy the NO annual fee for every spend made based on the RBL Bank ShopRite Credit Card.
- Experience your ride with RBL Bank ShopRite Credit Card for a fuel surcharge rebate of 1%.
Advantages and Disadvantages of RBL Bank ShopRite Credit Card
1. Advantages
- Movie and Dining Perks: Get 10% off on the booking amount up to Rs. 100 on the movies using BookMyShow every year up to 15 times using the RBL Bank ShopRite Credit Card.
- Rewards Rate: For every Rs. 100 spent at other stores, you can earn 1 reward point, and for every Rs. 100 spent on groceries, you will earn 20 rewards points with RBL Bank ShopRite Credit Card.
- Reward Redemption: Redeem your reward points for cash value at Rs. 0.25 per point. A redemption fee of Rs. 99 plus taxes applies with the RBL Bank ShopRite Credit Card.
2. Disadvantages
- Domestic Lounge Access: The RBL Bank ShopRite Credit Card does not offer domestic lounge access.
- International Lounge Access: The RBL Bank ShopRite Credit Card does not provide international lounge access.
- Golf Benefits: The RBL Bank ShopRite Credit Card does not include golf-related benefits.
- Insurance Benefits: The RBL Bank ShopRite Credit Card does not feature insurance benefits.
RBL Bank ShopRite Credit Card Rewards Offer
- Rewards on Purchases: 1 reward point earned for every Rs. 100 spent on all transactions, except for fuel with the RBL Bank ShopRite Credit Card.
- Rewards on Groceries: Earn 20 Reward Points for each Rs. 100 spent on the purchase of groceries from any ShopRite Store, up to a maximum of 1000 Reward Points in a month on usage of RBL Bank ShopRite Credit Card.
Welcome Benefits of RBL Bank ShopRite Credit Card
The RBL Bank ShopRite Credit Card comes with amazing rewards as welcome gifts.
- Welcome Bonus: New cardholders will receive a welcome bonus of 2,000 reward points with the RBL Bank ShopRite Credit Card.
- Eligibility for Welcome Bonus: To qualify for the welcome bonus, make your first purchase within 30 days of receiving the RBL Bank ShopRite Credit Card and download the RBL MyCard mobile app.
Movie Benefits of RBL Bank ShopRite Credit Card
- Movie Ticket Discount: With the RBL Bank ShopRite Credit Card, enjoy a 10% discount on movie tickets through BookMyShow.
- Annual Limit: This discount can be used up to 15 times each year with the RBL Bank ShopRite Credit Card.
- Offer Location: Find the ‘RBL 10% discount offer’ listed under the ‘credit card offers’ section on BookMyShow.
Rewards Redemption on RBL Bank ShopRite Credit Card
- Log In: Visit the redemption website and log in using your username and password.
- Browse Options: Explore various options such as flights, hotels, recharge, shopping, and gifts available for redemption.
- Select Redemption: Choose the option where you wish to redeem your points with the RBL Bank ShopRite Credit Card.
- Point Value: Note that 1 reward point equals Re. 0.25.
- Redemption Fee: A redemption fee of Rs. 99 per request applies with the RBL Bank ShopRite Credit Card.
Why Choose the RBL Bank ShopRite Credit Card?
- Generous Welcome Bonus: Receive 2,000 reward points as a welcome bonus when you make your first purchase within 30 days of receiving the RBL Bank ShopRite Credit Card.
- Grocery Rewards: Benefit from exclusive reward offers on grocery purchases, making your everyday shopping more rewarding with the RBL Bank ShopRite Credit Card.
- Movie Discounts: Enjoy exciting discounts on movie tickets through BookMyShow, adding extra value to your entertainment expenses with the RBL Bank ShopRite Credit Card.
- Annual Fee Waiver: The Rs. 500 annual fee can be waived if you spend over Rs. 1.5 lakhs in the previous year, providing cost-saving benefits with the RBL Bank ShopRite Credit Card.
- Affordable Joining Fee: The RBL Bank ShopRite Credit Card comes with a reasonable joining fee of Rs. 500, offering significant rewards and savings in return.
Application Process for RBL Bank ShopRite Credit Card
- Online Application: Applicants who wish to apply for a post at RBL Bank will have to visit the official website of the bank, download the application form, complete it, and attach the necessary documents. This method is quite easy and can be done from the comfort of one’s home. This is because with online applications, one does not have to physically write or type an application letter and take it to the company as is normally done.
- Branch Visit: It’s also equally possible for the applicants to drop their filled-out form and all necessary documents to the nearest RBL Bank branch. This particular option allows the client to seek help in person. The branch staff members can help in the case where there is a doubt and ensure that all the necessary documents have been submitted.
- Customer Service: Any concerns or issues the applicants may encounter should be directed to RBL Bank’s customer care. One can always call customer care and talk to a representative and get help on the application in case of any doubt. With this support, the process of applying for certain positions is eased.
FAQs
Q1. What are the prime perks of using the RBL Bank ShopRite Credit Card?
Ans: The card offers a 2,000 Reward Points welcome bonus, rewards on grocery purchases, a 10% movie ticket discount through BookMyShow, and a 1% fuel surcharge waiver. It also provides an annual fee waiver based on spending.
Q2. How can a cardholder qualify to avail the welcome perks associated with the RBL Bank ShopRite Credit Card?
Ans: Make your first purchase within 30 days of receiving the card and download the RBL MyCard mobile app.
Q3. What fees are charged by the bank for using ShopRite Credit Cards?
Ans: Joining and renewal fees are Rs. 500 + GST each. There is a rewards redemption fee of Rs. 99 + GST, a foreign currency markup of up to 3.5%, and cash advance charges of 2.5% or Rs. 100, whichever is higher.
Q4. Do you get any lounge access or insurance perks for using the RBL Bank ShopRite Credit Card?
Ans: No, the card does not provide lounge access or insurance benefits.
Q5. How can I redeem my reward points with the RBL Bank ShopRite credit card?
Ans: Log in to the redemption website, select your reward option, and note that 1 reward point equals Re. 0.25. A redemption fee of Rs. 99 applies.