Are you looking for a credit card that lets you save on everyday shopping? The RBL Bank Shoprite Credit Card might be just what you are looking for. With a nominal and reversible joining fee of Rs. 500 and the welcome benefits of 2000 reward points, this card gives you 5% reward points on grocery shopping and 10% discount on movie tickets.
To get complete information on fees, benefits and rewards points of the RBL Bank ShopRite Credit Card, keep reading further.
Overview
A snapshot overview of the RBL Shoprite credit card is as follows:
| Annual Fee | Rs. 500 (waived off if annual spending is more than RS. 1.5 Lakh) |
| Renewal Fee | Rs. 500 (waived off if annual spending is more than RS. 1.5 Lakh) |
| Movie ticket discount | 10% |
| Welcome benefit | 2000 Reward points |
| Best use | For grocery shopping |
RBL Bank Shoprite Credit Card Fees
Fee | Amount |
| Annual Fee | Rs. 500 (waived off if annual spending is more than RS. 1.5 Lakh) |
| Reward points redemption fee | Rs. 99 + GST |
| Interest rate | 3.99% per month |
| Add on card fee | Nil |
| Forex markup charge | Up to 3.5% on all international spends |
| Cash Advance Charges | 2.5% of the cash withdrawn or Rs. 100 whichever is higher |
| EMI Processing Fee | Rs. 199 +GST |
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RBL Bank Shoprite Credit Card: Features and Benefits
Welcome benefit
- You will get a welcome bonus of 2000 reward points on joining.
- To be eligible for welcome, you must make your first purchase within 30 days using your RBL Shoprite credit card and download RBL MyCard Mobile App.
- These welcome benefit reward points will be credited to you within 60 days of card issuance.
- You can redeem these reward points at https://www.rblrewards.com/
Movie tickets
- Get 10% off movie tickets (max. ₹100) on BookMyShow, the offer can be availed a maximum of 15 times a year.
- Choose “RBL Bank 10% offer” under “Credit Card Offers” on BookMyShow after selecting your movie.
- The movie ticket discount offer is only valid for primary cardholder not on add-on cards.
Grocery shopping
- You will get 5% cashback as reward points on grocery shopping.
- The limit for reward points on grocery shopping is 1,000 reward points a month.
Fuel surcharge waiver
- Discount: 1% on fuel surcharge
- Minimum transaction amount: ₹500
- Maximum transaction amount: ₹4,000
- Maximum discount per transaction: ₹100
- Maximum discount per month: ₹100
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RBL Bank ShopRite Credit Card Rewards
The rewards program of Shoprite credit card is lucrative and beginner-friendly. the complete details of rewards program is as follows:
- You will get 20 reward points for every Rs. 100 spent on grocery shopping. The monthly limit for these reward points is 1,000.
- You will get 1 reward point for every Rs. 100 spent on your other purchases.
- If you convert your purchase into EMI, you will not be eligible for reward points.
- No reward points for wallet recharge and insurance payments.
- The value of 1 reward point is 0.25 Rs. 1RP= 0.25 INR.
RBL Bank ShopRite Credit Card limit
Your credit card limit is determined by the RBL bank based on your financial situation and creditworthiness. This includes:
- Credit score: A higher score indicates responsible borrowing behaviour and can lead to a higher limit.
- Credit utilization ratio: This shows how much of your available credit you’re currently using. A lower ratio is favourable.
- Past repayment habits: Consistent on-time payments demonstrate creditworthiness and can improve your chances of a higher limit.
The bank uses these factors to assess your financial stability and responsible credit management, ultimately establishing a limit that aligns with your individual circumstances.
How to Apply for RBL Bank Shoprite Credit Card
- Go to https://www.rblbank.com/personal-banking/cards/credit-cards/shoprite-credit-card
- Click on ‘Apply Now’
- Fill in your personal details
- Tick the box to allow the bank to contact you about your application
- Click “I am not a robot” and enter the OTP sent to your mobile and email.
- Enter information such as:
- Area pin code
- Residential address
- Primary source of income
- Monthly income
- PAN Card details
- Tick the “Terms and Conditions” box and click “Submit.”
- A bank representative will contact you for further assistance, including KYC document submission.
- Upon approval, the card will be delivered to your address.
Also Read: 6 Best Rupay Credit Cards for Fuel purchase
RBL Bank ShopRite Credit Card Review
The RBL Bank ShopRite credit card is a good choice for people who love doing grocery shopping and spend a handsome amount on movies.
The nominal joining and renewal fee will be waived if your annual spending is more than Rs 1.5 Lakhs. With accelerated reward points on grocery shopping and discounts on movie tickets, the RBL Bank ShopRite Credit Card is a great option for individuals who primarily spend on groceries and fuel. The card’s easy-to-use reward system and low maintenance benefits make it a great choice for everyday spending.