RBL Credit Cards Devaluation W.E.F. October 09, 2023

[tryabp]

Update regarding confirmed devaluation of RBL Credit Cards.

*Effective October 09, 2023, no Reward Points will be awarded for offline and online transactions made for Insurance, Wallet, Fuel, Utility, Rental, Railways and Miscellaneous payments. For all other transactions, you will continue to earn 5 Reward Points for every INR 100 spent online and 1 Reward Point for every INR 100 spent offline.

Categories/MCCs will be defined as per VISA & Mastercard guidelines: Railways: 4112, 4011, 4111; Fuel: 9752, 5541, 5983, 5172, 5542; Utility: 4900; Wallet: 6540; Rental: 6513; Insurance: 6300, 5960; Miscellaneous: All MCCs as defined by VISA & Mastercard.

Milestone benefit is still not affected.

 

[mojo_jojo123]

Does RBL card gives reward on Income tax payment ?

 

[tryabp]

Does RBL card gives reward on Income tax payment ?

before devaluation yes, after that no.

 

[Saipsy]

Does RBL even give rewards. Bakwass cards

 

[mojo_jojo123]

before devaluation yes, after that no.

ok paid today so hopefully should get 5 reward poing per 100 ,so roughtly 1.25%

 

[tryabp]

ok paid today so hopefully should get 5 reward poing per 100 ,so roughtly 1.25%

20 paisa value per point. So u will get 1% CB + Milestone benefit. + Cashback on DC to pay CC bill.

 

[mojo_jojo123]

20 paisa value per point. So u will get 1% CB + Milestone benefit. + Cashback on DC to pay CC bill.

yes so can overcome 0.8%+18% charges paid .. didn't had any other card today which gives reward on income tax payment so used it at last .. this is the 1st time I spent over 500 in RBL credit card since last 2year ..

 

[Abhishek012]

before devaluation yes, after that no.

Some RBL CC, Milestone benefit is also affected.

 

[Pravin1156]

@Abhishek012 Hi bro, For education payments on RBL World Safari credit card also reward points stopped. Please confirm