RBL Bank Popcorn Credit Card
The RBL Bank Popcorn Credit Card is an excellent choice for movie lovers who want to save on their entertainment expenses. As a welcome benefit, cardholders receive 4 free movie tickets worth up to ₹1,000 on BookMyShow, making it a great start for cinema enthusiasts. Additionally, if you spend ₹5,000 in a billing month, you get 2 free movie tickets every month, allowing you to enjoy regular movie outings without extra costs. The card also offers a weekly cashback of ₹25 when you spend ₹2,500, which means you can earn savings on your routine expenses. With simple redemption steps, this cashback makes it easy to get rewarded for everyday spending.
Apart from movie benefits, the RBL Bank Popcorn Credit Card provides additional savings in different areas. It comes with a fuel surcharge waiver, helping you cut down on fuel expenses, and offers cashback on entertainment and dining, making it ideal for those who frequently go out. The card has a nominal annual fee of ₹1,000, which is easily offset by the savings it provides. Whether you enjoy watching movies, dining out, or making regular purchases, this card helps you save while you spend. If you are looking for a credit card that rewards your lifestyle, the RBL Bank Popcorn Credit Card is a smart and valuable choice.
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 do I redeem the cashback earned on my RBL Popcorn Credit Card?
To redeem your cashback, simply scan the QR code located on the back of your credit card. Enter your registered mobile number, and you will receive an OTP. Once you enter the OTP, your cashback will be processed and credited to your account within 2 days from the redemption date.
What should I do if I scan the QR code but don’t receive an OTP?
If you do not receive an OTP after scanning the QR code, the cashback redemption process will remain incomplete, and you will not receive your cashback. Ensure that your registered mobile number is active and has network coverage before retrying.
Can I use my two free movie tickets on separate days?
No, the monthly 2 free movie tickets must be booked together in a single transaction. You cannot split them across different days.
What are the charges for redeeming rewards on this card?
A Reward Redemption fee of ₹99 + GST is applicable when you redeem rewards on the RBL Popcorn Credit Card.
What is the annual fee for the RBL Popcorn Credit Card?
The card comes with an annual fee of ₹1,000, plus applicable taxes.
What is the interest rate charged on this credit card?
The RBL Popcorn Credit Card carries a finance charge of up to 3.99% per month, which translates to 47.88% annually if balances are not paid in full.
How much can I save on fuel transactions with this card?
You get a 1% waiver on fuel surcharge for transactions between ₹500 and ₹4,000, with a maximum benefit of ₹100 per month.
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