5 Reasons RBL Bank Credit Cards are Preferred by Millennials

Credit cards come with a host of advantages for the user. With a credit card or two in your wallet, you can pay for purchases easily in an instant and eliminate the need to carry cash around. What’s more, credit cards also reward you for spending on your regular online and offline purchases. For these reasons, millennials can benefit a great deal from using credit cards. 

Today, all leading banks in India offer a wide range of such cards. RBL Bank is one such entity whose credit cards are a particular favourite among millennials in the country. Let’s take a closer look at what puts RBL Bank Credit Cards on the radar of millennial credit card applicants today. 

5 Reasons Millennials Prefer RBL Bank Credit Cards 

There are many good reasons for millennials to use credit cards from RBL Bank. To take advantage of the benefits offered, all you need to do is check the RBL Bank Credit Card eligibility. If you meet the qualifying parameters, you can apply for the card of your choice online. 

Check out the top reasons millennials prefer credit cards from RBL Bank. 

  1. Reward Points on Various Spends

Credit cards from RBL Bank give card holders access to a fulfilling rewards program, where you can earn reward points on nearly every transaction you make. The rate of earning reward points is generally 1 point for every ₹100 spent on offline purchases (except on certain categories of spends like fuel purchases). 

Online spends can be more rewarding, giving you anything from 2X to 20X reward points for each ₹100 spent. That’s not all. Many RBL Bank Credit Cards also give you welcome gifts of thousands of reward points. This benefit is often activated simply by making a purchase within 30 days of card issuance, and payment of the joining fee. 

  1. Conversion of Purchases into Easy EMIs

Some RBL Bank Credit Cards also give you the flexibility to convert eligible purchases into easy Equated Monthly Instalments (EMIs). Eligible purchases include all transactions that exceed ₹2,500. 

The rate of interest on these EMIs is quite nominal, and you may also get a discount on the processing fee. What’s more, you can even choose a convenient tenure to repay these EMIs easily. The tenure options include 3, 6, 9, 12, 18 and 24 months. 

  1. Discounts and Offers on Lifestyle-Based Spends

RBL Bank offers different types of lifestyle discounts and offers on its credit cards. Most credit cards from the bank give you some kind of lifestyle-based reward, whether it is for travel expenses, entertainment costs or dining-related payments. 

For example, if you are an avid movie buff, you’ll find the 10% discount on BookMyShow movie tickets from the RBL Bank Shoprite Credit Card appealing. On the other hand, if you are a frequent traveller, you can make use of the complimentary lounge access benefits that most RBL Bank Credit Cards offer. These benefits can all add up to big savings for millennials. 

  1. Spend-Based Waivers

Credit cards from RBL Bank also offer various spend based waivers. The annual fee on many RBL Bank Credit Cards is waived on meeting predetermined annual spend limits. For instance, the annual fee of ₹499 plus GST on the Bajaj Finserv RBL Bank Platinum Choice SuperCard is waived on annual spends of ₹50,000 in the previous year. Similarly, for the RBL Bank Monthly Treats Credit Card, the monthly fee of ₹75 is waived on spending just ₹3,000 each month. 

If you consistently meet such spend-based waivers, you can practically use your RBL Bank Credit Card for zero fees. This effectively makes it a lifetime-free card. 

  1. Balance Transfer Facility

You may have other credit cards in your wallet. If you have outstanding balances on these cards, you may be worried about the steep interest charges levied on the unpaid dues. Fortunately, RBL Bank Credit Cards have an easy solution for this issue. These credit cards come with the Transfer ‘n’ Pay facility, which is available for select card holders. 

If you are eligible for this benefit, you can transfer the outstanding balances from other credit cards to your RBL Bank Credit Card. You can then repay this sum via low-cost EMIs over 3, 6 or 12 months, depending on what is convenient for you. 


To sum it up, RBL Bank Credit Cards offer a wide range of benefits that millennials can take advantage of. When used smartly and in a prudent manner, credit cards from RBL Bank can actually multiply your savings and give you various financial benefits. For the reasons outlined above, it makes sense to have a credit card if you spend frequently on lifestyle-related products and services. It can also be rewarding if you frequently shop or make payments online. 
To take advantage of the benefits that these cards offer, simply check your RBL Bank Credit Card eligibility online. If you qualify, you can proceed to apply for your preferred card and make spending more rewarding.