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RBL Bank Insignia Preferred Banking Credit Card
RBL's flagship super-premium Mastercard, free for RBL Insignia Preferred Banking relationship customers (large average balance requirement) or available standalone for Rs 7,000/year with a Rs 10L spend waiver. Strong lounge, concierge and golf benefits.
Annual fee
₹7,000
Joining fee
₹7,000
Reward type
points
Base reward rate
5%
Card network
Mastercard
Card tier
Premium
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in travel, dining. It's worth the annual fee mainly if your points value clears it.
Rewards & benefits
- Rewards rate: 5% base rate
- Domestic lounge access: 2 complimentary domestic lounge visits every quarter
- International lounge access: Priority Pass membership with 6 complimentary international lounge visits per year
- Golf: 4 complimentary golf rounds and 12 complimentary golf lessons a year
- Insurance benefits: Personal Accident Cover of ₹25,00,000 for death due to air accident, plus Accidental Death Cover of ₹10,00,000, Purchase Protection Cover of ₹50,000, and Baggage Insurance Cover of ₹50,000
Benefits by category
- 🍽️ Dining & food delivery
EazyDiner Prime dining privileges and premium hotel benefits (room upgrades, late checkout, breakfast for two)
- ✈️ Travel
10% reward rate · Priority Pass membership (6 complimentary international lounge visits/year) plus 2 complimentary domestic lounge visits every quarter
- 🏨 Hotel
EazyDiner Prime dining privileges and premium hotel benefits (room upgrades, late checkout, breakfast for two)
- ⛽ Fuel
1% fuel surcharge waiver on Rs 500-4,000 transactions, capped at Rs 250/month
- 🌍 Forex / international spend
1.5% forex markup on international transactions
Eligibility
- Employment: salaried, self-employed
- Age: 21–65
Fees & charges
- Rewards redemption fee: No redemption fee — waived for Insignia Preferred Banking cardholders
- Foreign currency markup: 1.5%
- Fuel surcharge waiver: 1% fuel surcharge waiver on Rs 500-4,000 transactions, capped at Rs 250/month
- Cash advance charges: 2.5% of the amount withdrawn, subject to a minimum of ₹500 per transaction
Benefits
- Priority Pass membership (6 complimentary international lounge visits/year) plus 2 complimentary domestic lounge visits every quarter
- 24x7 World Class Concierge services
- EazyDiner Prime dining privileges and premium hotel benefits (room upgrades, late checkout, breakfast for two)
- 4 complimentary golf rounds and 12 complimentary lessons a year
- Vouchers worth Rs 8,000 on spends of Rs 8 lakh in a membership year
- 1% fuel surcharge waiver on Rs 500-4,000 transactions, capped at Rs 250/month
Pros
- + Fee-free for Preferred Banking relationship customers
- + Low 1.5% forex markup
- + Strong lounge, concierge and golf benefits
Cons
- − Fee-free tier requires a large banking relationship (~Rs 10L average balance)
- − Rs 7,000 fee is steep for a standalone applicant
- − No published income threshold — largely relationship-driven approval
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