Got RBL Shoprite LTF very quick

[ujjwal2024]

View attachment 65620

I am offered this. Is it worth taking? Already have ICICI Amz, Axis FK, Tataneu Infinity and Axis (citi) Cashback. 5% on UPI is enticing, but not sure how much they will really give. I do travel a lot and now most cards are removing lounge access.

There is something wrong in this...This is not right at all....as Just now I got the welcome mail with all terms and conditions and Except 5% valueback on grocery and fuel surcharge waiver, nothing is there
I am quite sure this is a document prepared by the agent to lure the customers
also see the spelling mistakes...leftside below the 0 annual fee..(.Blance)..it should be balance...I think enough clue

 

[ujjwal2024]

Is this for real?

It is not original document for sure...this is not real...no LTF card give so much benefit...

 

[DeadFella]

Got my shoprite LTF approval today.

 

[Gau₹av]

The actual reward rate is 3%, not 5% as claimed by RBL after you convert reward points to vouchers/bill payments at the ratio it gives plus 99+GST fees. But it gives 3% on offline/online and UPI (RuPay variant). Gave me 3% on Jiomart. Note that it gives 20 RPs for every ₹100 spent so if you spend ₹450, you will get RPs only for ₹400 and nothing for those ₹50.

 

[helloworld]

View attachment 65620

I am offered this. Is it worth taking? Already have ICICI Amz, Axis FK, Tataneu Infinity and Axis (citi) Cashback. 5% on UPI is enticing, but not sure how much they will really give. I do travel a lot and now most cards are removing lounge access.

Is this for real?

Post in thread 'RBL Shoprite Reward structure'

Jun 26, 2024

Shoprite Card - Credit Card for Grocery Shopping | RBL Bank

Shoprite credit card by RBL Bank comes with various benefits such as 5% value back on grocery spends, 2.5% value back on fuel spends, 10% discount on movies & more. Apply for Shoprite credit card to avail all the privileges today!

www.rblbank.com

Grocery: 20 RP / 100
BMS: 10% discount

Ideally 1 RP = 0.25 to get 5% as advertised

but practically, for most useful vouchers its 1 RP = 0.18 = 3.6% for grocery.

RBL cards not needed, you can safely close it unless you're in collecting in that case also you already collected. now, close it.

• helloworld

• 
• 

. : )

 

[CreditCardFino]

I got RBL Shoprite approved in email it shows annual fee Nil should I get confirmation from CC?
2000 RP on first transaction is only for those who pay joining fee right?
In the RBL app I see estatement if I toggle it gets switched off I move to different screen. I can be assured only estatement is sent?

 

[helloworld]

I got RBL Shoprite approved in email it shows annual fee Nil should I get confirmation from CC?
2000 RP on first transaction is only for those who pay joining fee right?
In the RBL app I see estatement if I toggle it gets switched off I move to different screen. I can be assured only estatement is sent?

not good card, and mostly you'll never use it. think twice before opening another account in your cibil.

estatement is default

 

[CreditCardFino]

not good card, and mostly you'll never use it. think twice before opening another account in your cibil.

estatement is default

I only need it for bank offers I have many cards so I applied. I think its paid card in app under card benefits it shows 1.5 spend criteria. I can close it within 45 days without any fee right?

 

[helloworld]

I only need it for bank offers I have many cards so I applied. I think its paid card in app under card benefits it shows 1.5 spend criteria. I can close it within 45 days without any fee right?

if u not activate, u can safely close it. no impact otherwise expect short term fluctuation which will recover in 3 months.

About bank offers:

RBL, IDFC, IndusInd, Standard Chartered -- never needed IMO. u alwasy find alternative that day because these never solo/not appear itself.

 

[Gau₹av]

RBL, IDFC, IndusInd, Standard Chartered -- never needed IMO. u alwasy find alternative that day because these never solo/not appear itself.

RBL offers still somewhat can be found on airline sites and sometimes Amazon, Flipkart etc. IDFC also has offers. But IndusInd is truly once a year when their Rewardz Festival starts. And Standard Chartered no offers AT ALL 🤭

 

[CreditCardFino]

if u not activate, u can safely close it. no impact otherwise expect short term fluctuation which will recover in 3 months.

About bank offers:

RBL, IDFC, IndusInd, Standard Chartered -- never needed IMO. u alwasy find alternative that day because these never solo/not appear itself.

I registered on RBL cards app but did not setup the PIN. As far as I know it doesn't count as card activated. Card not yet dispatched. I have cards from all those banks you mentioned maybe 15 banks altogether.
Indus, IDFC and RBL are good with offers. Indus cards are also better in other ways. SC is dead since 2019.

 

[CreditCardFino]

Received another email where it clearly states Lifetime free 🥳🥳🥳 card got dispatched as well 🚚

 

[CreditCardFino]

Post in thread 'RBL Shoprite Reward structure'

Jun 26, 2024

Shoprite Card - Credit Card for Grocery Shopping | RBL Bank

Shoprite credit card by RBL Bank comes with various benefits such as 5% value back on grocery spends, 2.5% value back on fuel spends, 10% discount on movies & more. Apply for Shoprite credit card to avail all the privileges today!

www.rblbank.com

Grocery: 20 RP / 100
BMS: 10% discount

Ideally 1 RP = 0.25 to get 5% as advertised

but practically, for most useful vouchers its 1 RP = 0.18 = 3.6% for grocery.

RBL cards not needed, you can safely close it unless you're in collecting in that case also you already collected. now, close it.

• helloworld

• 
• 

. : )

What about RP to statement settlement? how much is 1 RP then?
Regarding RP conversion 0.18p most banks (HDFC, Federal...etc) are like that not only RBL😠 Only for airlines & hotels they give higher conversion rate. Indus is awesome it gives 0.85p for shopping.

 

[helloworld]

What about RP to statement settlement? how much is 1 RP then?
Regarding RP conversion 0.18p most banks (HDFC, Federal...etc) are like that not only RBL😠 Only for airlines & hotels they give higher conversion rate. Indus is awesome it gives 0.85p for shopping.

There is no statement conversion in RBL, AFAIK.

Now, Don't think 1 RP value but think about 3.6% value (- Redemption Fee). Compare that with your other cards and if its best in that go for it.

As mentioned earlier, RBL never solo when it comes to offer - there are always other banks at that time which work as backup (so, in a way u never miss RBL), again it depends on usage/personal spends they made at that particular website.

Now, Indus - RBL - Federal etc. they don't have accelarated earning opportunity in their credit cards + never solo on offer (according to my usage).

I've used MB+ (same 500rs. card = even RBL shoprite is LTF, considering all 500 cards as per their website price) and able to get around 4%+ for 15k spends.

+ MB+ Gives 5% if I purchase vouchers on their Gyftr (its just an example reference), never consider point value but overall return for your spends.

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Again, its based on my personal usage. TBH, I never applied or used RBL cards till now and never felt I missed that card. Even I had very less usage on SBICards but often feel like I missed that whenever I saw those offers on shopping malls, solo on festive sales, apparel stores etc. Not that I've usage or purchase happens that day but u know that kind of feeling that if I have SBICard, I might have used that card. Even after getting SBICard I rarely use that card.

Similar kind of missed feeling never happend for me in those banks; atleast Federal cards I saw in food delivery apps but RBL or IndusInd or IDFC, no.

Again, its me and might not match with your spends, so choose accordingly based on your usage.

Thread 'Guide to Choosing the Right Credit Card - Basic Requirements'

Sep 28, 2024

How to Choose the Right Credit Card for You

Simply looking at your CIBIL score or listing your existing cards won't help determine the most suitable credit card for you. To make an informed choice, you need to consider various factors.

Key Steps to Select a Credit Card:​

1. Identify Your Spending Categories
   Look at your monthly or annual expenses and categorize them. This will help determine which card gives the best rewards for your spending pattern.
   
   Example:
   • Amazon: ₹5,000
   • BigBasket: ₹5,000...

• helloworld
• Replies: 14
• Forum: Suggest me a Credit Card

• 
• 
• 

 

[CreditCardFino]

There is no statement conversion in RBL, AFAIK.

Now, Don't think 1 RP value but think about 3.6% value (- Redemption Fee). Compare that with your other cards and if its best in that go for it.

As mentioned earlier, RBL never solo when it comes to offer - there are always other banks at that time which work as backup (so, in a way u never miss RBL), again it depends on usage/personal spends they made at that particular website.

Now, Indus - RBL - Federal etc. they don't have accelarated earning opportunity in their credit cards + never solo on offer (according to my usage).

I've used MB+ (same 500rs. card = even RBL shoprite is LTF, considering all 500 cards as per their website price) and able to get around 4%+ for 15k spends.

+ MB+ Gives 5% if I purchase vouchers on their Gyftr (its just an example reference), never consider point value but overall return for your spends.

----------------

Again, its based on my personal usage. TBH, I never applied or used RBL cards till now and never felt I missed that card. Even I had very less usage on SBICards but often feel like I missed that whenever I saw those offers on shopping malls, solo on festive sales, apparel stores etc. Not that I've usage or purchase happens that day but u know that kind of feeling that if I have SBICard, I might have used that card. Even after getting SBICard I rarely use that card.

Similar kind of missed feeling never happend for me in those banks; atleast Federal cards I saw in food delivery apps but RBL or IndusInd or IDFC, no.

Again, its me and might not match with your spends, so choose accordingly based on your usage.

Thread 'Guide to Choosing the Right Credit Card - Basic Requirements'

Sep 28, 2024

How to Choose the Right Credit Card for You

Simply looking at your CIBIL score or listing your existing cards won't help determine the most suitable credit card for you. To make an informed choice, you need to consider various factors.

Key Steps to Select a Credit Card:​

1. Identify Your Spending Categories
   Look at your monthly or annual expenses and categorize them. This will help determine which card gives the best rewards for your spending pattern.
   
   Example:
   • Amazon: ₹5,000
   • BigBasket: ₹5,000...

• helloworld
• Replies: 14
• Forum: Suggest me a Credit Card

• 
• 
• 

What is MB money back?
Even if you buy on SmartBuy each RP is 0.5p but if you use the RP for voucher purchase it will be 0.2p or less.
Same with Federal bank RP is 0.25p but voucher purchase has different conversion.

RBL has offer on Zepto and on travel sites. So I wanted to keep it.

BTW I see LTF in welcome email, application and KFS but customer care replied it is a paid card. Filed compliant with RBI just now.

 

[Gau₹av]

Sorry to take a teensy bit offtopic from RBL which is the topic of this post but I haven't the faintest idea where I can find IndusInd discount offers so anyone please DM me if there's an IndusInd offer, as I struggle to meet spends target/milestone on IndusInd credit cards. I saw at Zepto a few discounts and was shocked to see they were actually running offer like 10% off or 15% off otherwise I never see them at Scamazon/Flopkart, or airline websites (Yatra, ClearTrip, EaseMyTrip, ixigo, goibibo, MakeMyTrip etc)

 

[CreditCardFino]

Got my shoprite LTF approval today.

I got the same email but customer support replied its not LTF 😠

 

[helloworld]

What is MB money back?
Even if you buy on SmartBuy each RP is 0.5p but if you use the RP for voucher purchase it will be 0.2p or less.

irs 0.25p including statement credit. but as mentioned previous post consider overall value not per reward point.

Same with Federal bank RP is 0.25p but voucher purchase has different conversion.

Yes, but as mentioned previous post consider overall value not per reward point.

RBL has offer on Zepto and on travel sites. So I wanted to keep it.

ok

BTW I see LTF in welcome email, application and KFS but customer care replied it is a paid card. Filed compliant with RBI just now.

u could've simply drop another mail and get confirmation. Might that agent not aware where to check. note: only written valid not verbal

 

[CreditCardFino]

irs 0.25p including statement credit. but as mentioned previous post consider overall value not per reward point.



Yes, but as mentioned previous post consider overall value not per reward point.


ok



u could've simply drop another mail and get confirmation. Might that agent not aware where to check. note: only written valid not verbal

I sent email to PNO. Received reply from PNO stating the same. What a joke.
If RP converted to < 0.2p then overall return % will also go down. Also there is redemption fee for other banks just like RBL.

 

[Sai Ganesh]

Problem is our area is not servicable by HSBC....I applied but got ejected within 2 minutes in the start of application

DM me for HSBC application , will help you to get with help of an agent

u can give ur relative address as well ji