RBL Bank Just Dropped 4 New Credit Cards - And They’re Coming in Hot! 🔥

[TechnoFinoTechnoFino is verified member.]

RBL Bank launched 4 brand-new credit cards, and the lineup looks seriously interesting. Here’s the quick breakdown 👇

🟣 LUMIÈRE Credit Card
RBL’s new top-of-the-line luxury card.
Invite Only | ₹50,000 annual fee
This one is clearly positioned to compete in the ultra-premium segment. Let’s see what benefits they bring to justify that massive fee.

🟣 Nova Credit Card

This is an invite only credit card.

Annual Fees: Rs. 12,500 + GST

Welcome Benefit Worth ₹12,500
Kick off your journey with a Taj Experiences or Luxe Gift Card worth ₹12,500

Lower Forex Charges
Enjoy just 2% foreign transaction fee on all international spends.

Airport Lounge Access – India + Abroad

12 complimentary international lounges
4 complimentary guest visits at international lounges so your companions can join the comfort too.

12 complimentary domestic lounges

Premium Golf Privileges
Get 4 golf rounds + 12 golf lessons every year at select golf courses.

Reward System –

4 Reward Points / ₹200 spent on regular purchases

12 Reward Points / ₹200 spent on flights, hotels, and gift cards booked throughe RBL Bank dedicated portal.


Redemption:
1 Reward Point = ₹1 redemption value.
Use your points for luxury handbags, premium hotels, jewellery, and more.

Exclusions (No Rewards On)

Fuel & Auto • Utilities • Insurance • Quasi-Cash • Real Estate / Rental • Wallet / Service Providers • Government Services • Contracted Services • Cash • Misc. • Bills2Pay • EMI

🟣 Signature Banking Credit Card
₹2,500 annual fee
Fee waived for Signature Banking customers.
A decent mid-tier card option for those in the Signature Banking program.

🟣 Aspire Banking Credit Card
₹1,500 annual fee
Waived for Aspire Banking customers.
Entry-level but bundled nicely for Aspire users.

📌 More details will be updated here soon - benefits, rewards, features, and my in-depth analysis once I get the full T&Cs.

Stay tuned! 👀

 

[nishank]

Which card is good ? I am lost 🤔

 

[Abhishek012]

Expecting the top end model in Rupay Ekaa platform 🔥

Other RBL credit cards have not yet come in RuPay, let that come first.

 

[mojo_jojo123]

RBL is known to offer big .. get customers and then devalue soon .. so be careful ..

 

[vg01]

Nova definitely not worth it. 12.5K fees!!!

EPM/Infinia level fees. But normal reward rate is 2%; 6% on their portal. Plus long list of exclusions.

Whoever tried to copy Smartbuy/Ishop, did not do a good job.

 

[yash_aggarwal]

did some rough calculations for Nova. Basically we are getting 6% reward rate on travel spends. This, along with Infinia/EPM fees, existing relationship requirement is just plain stupid 🤣. Its like they are not even trying to compete

 

[Aniket Sharma]

did some rough calculations for Nova. Basically we are getting 6% reward rate on travel spends. This, along with Infinia/EPM fees, existing relationship requirement is just plain stupid 🤣. Its like they are not even trying to compete

The main issue is exclusions list, they even excluded auto

 

[BhaiyaJi]

The main issue is exclusions list, they even excluded auto

It seems they are competing with BoB exclusion list.

 

[yash_aggarwal]

It seems they are competing with BoB exclusion list.

One of the excluded category is "miscellaneous"

 

[BhaiyaJi]

One of the excluded category is "miscellaneous"

At least they are sharing MCC codes, Axis moved from MCC to merchant category (something like this shit). So we customers are always guess.

 

[sousnake]

The main issue is exclusions list, they even excluded auto

I think they should give inclusion list rather than exclusion list😛

 

[imdjay]

I think they should give inclusion list rather than exclusion list😛

Soon this will be a reality for most of the banks

 

[Maxsteel]

One of the excluded category is "miscellaneous"

Just to be on safer side. ☺️

 

[hellowo₹ld]

1-3% for 1500rs.-12500rs. cards



This 'Miscellaneous' part interesting 🙂

 

[Smashgrab]

RBL Bank launched 4 brand-new credit cards, and the lineup looks seriously interesting. Here’s the quick breakdown 👇

🟣 LUMIÈRE Credit Card
RBL’s new top-of-the-line luxury card.
Invite Only | ₹50,000 annual fee
This one is clearly positioned to compete in the ultra-premium segment. Let’s see what benefits they bring to justify that massive fee.

🟣 Nova Credit Card

This is an invite only credit card.

Annual Fees: Rs. 12,500 + GST

Welcome Benefit Worth ₹12,500
Kick off your journey with a Taj Experiences or Luxe Gift Card worth ₹12,500

Lower Forex Charges
Enjoy just 2% foreign transaction fee on all international spends.

Airport Lounge Access – India + Abroad

12 complimentary international lounges
4 complimentary guest visits at international lounges so your companions can join the comfort too.

12 complimentary domestic lounges

Premium Golf Privileges
Get 4 golf rounds + 12 golf lessons every year at select golf courses.

Reward System –

4 Reward Points / ₹200 spent on regular purchases

12 Reward Points / ₹200 spent on flights, hotels, and gift cards booked throughe RBL Bank dedicated portal.


Redemption:
1 Reward Point = ₹1 redemption value.
Use your points for luxury handbags, premium hotels, jewellery, and more.

Exclusions (No Rewards On)

Fuel & Auto • Utilities • Insurance • Quasi-Cash • Real Estate / Rental • Wallet / Service Providers • Government Services • Contracted Services • Cash • Misc. • Bills2Pay • EMI

🟣 Signature Banking Credit Card
₹2,500 annual fee
Fee waived for Signature Banking customers.
A decent mid-tier card option for those in the Signature Banking program.

🟣 Aspire Banking Credit Card
₹1,500 annual fee
Waived for Aspire Banking customers.
Entry-level but bundled nicely for Aspire users.

📌 More details will be updated here soon - benefits, rewards, features, and my in-depth analysis once I get the full T&Cs.

Stay tuned! 👀

I don't expect much at all, especially from the Lumiere card. RBL has a habit of trying to hype also-ran products, and letting loyal customers down. The bank says there are no details available on Lumiere as it is an invite only card, and invites are being sent only by the head office in Mumbai. This is one of dumbest ways to build excitement and cachet in the market...