Zomato Edition Classic Credit Card
Zomato Edition Classic Credit Card was introduced in March of the previous year when Zomato, a well-known food delivery platform, entered the fintech industry. Partnering with RBL Bank and MasterCard, Zomato launched two credit cards—the RBL Edition and Edition Classic—designed to offer exclusive dining rewards. The Edition card is the premium option, while the Edition Classic is a more budget-friendly alternative that still provides valuable benefits. With this card, users receive a complimentary Zomato Pro membership every year and a welcome bonus of 500 Edition Cash, making it an excellent choice for frequent Zomato users.
Zomato Edition Classic Credit Card offers Edition Cash as a reward system, which works like points that can be redeemed for food orders on Zomato or to offset the card’s bill. Each Edition Cash point is worth INR 1, allowing easy redemption. Cardholders earn 5x Edition Cash on Zomato food purchases and 1x on other eligible spends. Additionally, they can collect up to 2,000 bonus Edition Cash annually based on their spending. With these rewarding perks, this card is a smart option for those who regularly order food online. Keep reading to explore more benefits.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
How does Edition Cash work?
Edition Cash functions like reward points, where 1 Edition Cash equals INR 1. You can use it for payments on the Zomato app/website or to settle credit card bills.
Does this credit card provide lounge access?
The Edition Classic card does not come with lounge access, but RBL’s Edition credit card includes this benefit.
Does this card offer a waiver on fuel surcharge transactions?
A 1% fuel surcharge waiver is available for select customers on fuel purchases between Rs. 500 and Rs. 4,000, subject to the bank’s discretion.
Can I earn Edition Cash on other food delivery services like Swiggy?
Yes, you earn 1 Edition Cash per Rs. 100 on general purchases, while transactions on Zomato give you 5 Edition Cash per Rs. 100.
Is Zomato Pro membership renewed annually?
Yes, your Zomato Pro membership is automatically renewed every year as long as your credit card remains active.
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