RBL Bank Cookies Credit Card
The RBL Bank Cookies Credit Card is a budget-friendly option that offers great savings and rewards. With a small monthly fee of Rs. 100, you earn 1 Reward Point for every Rs. 100 spent offline and 5X points on online shopping. As a welcome benefit, you get a Rs. 1,000 gift voucher when you make your first purchase. The card also offers milestone rewards, allowing you to earn vouchers worth up to Rs. 5,000 as you spend more. Plus, if you meet the spending requirements, you can get your monthly fee waived.
This card also helps you save on entertainment, shopping, and travel. You get a 10% discount on BookMyShow, Zomato, Uber, and Myntra, making your everyday expenses more affordable. If you use your card for fuel, you can also enjoy a 1% surcharge waiver, saving up to Rs. 150 per month. With its combination of rewards, discounts, and fee waivers, the RBL Bank Cookies Credit Card is a great choice for those who want to save money while spending smartly.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
How can I check my credit card application status?
You can track your RBL Bank credit card application online by entering your reference and mobile number on the bank’s website.
What are the fees for the Cookies Credit Card?
The card has a joining and annual fee of Rs. 100 each.
Is there a way to waive the monthly fee?
Yes, if you spend Rs. 5,000 or more in the previous month, the monthly fee is waived.
Who should I contact for credit card issues?
If you face any problems, you can call RBL Bank’s customer care at +91 22 62327777.
What rewards do I get with this credit card?
You can earn 5X Reward Points per Rs. 100 spent on groceries and fuel, and 1 Reward Point for other purchases.
Does the card offer any fuel surcharge benefits?
Yes, you get a fuel surcharge waiver of up to Rs. 150 per month on transactions between Rs. 500 and Rs. 4,000.
Are there cashback benefits?
Yes, you get 10% cashback on BookMyShow, Zomato, Uber, and Myntra, with a cap of Rs. 300 per month per category.
What is the welcome benefit of this card?
On making your first transaction within 30 days of issuance, you receive a Rs. 1,000 voucher for Amazon, Flipkart, Myntra, Croma, or Shoppers Stop.
Do my earned reward points expire?
Yes, your reward points are valid for 12 months, but you may be able to carry them forward based on the bank’s terms and conditions.
What is the maximum discount available on Zomato?
The card provides a 10% discount on Zomato, with a maximum limit of Rs. 300 per month.
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