RBL Savings Account Experience

[Ankit Goyal]

Hi,

RBL bank is giving higher interest rate currently. Does anyone have experience dealing with RBL bank which might be useful to anyone who wishes to open savings account with them for higher interest rate. Do let us know.. thanks

 

[4uziaul]

@4uziaul Has EDC stopped working on MobiKwik? My transactions are failing on Mobikwik and when I contacted customer care they said MobiKwik is under the blocked list of applications!!

Y e s

 

[abhinavgarg26]

Then how to earn cashback on EDC now ?

 

[hemant89]

Y e s

I didn't know this. I didn't see any discussion here mentioning this. I tried searching but may be I missed it. Looks like no use of EDC now.

 

[abhinavgarg26]

Yeah mobikwik don't have option of debit card now

I didn't know this. I didn't see any discussion here mentioning this. I tried searching but may be I missed it. Looks like no use of EDC now.

 

[palen]

What is EDC?

 

[4uziaul]

What is EDC?

Enterprise Debit Card

 

[AritraSaha]

What is EDC?

Expected date of confinement

 

[REGIUS24]

Yes. This works everywhere. But do bear in mind that there is no provision for waiver of annual fees on this card. Additionally, RBL has a wonderful policy of not allowing you to downgrade your debit cards. So, think before you jump on to this card.

does RBL bank enterprise debit card (EDC) still give 5% cashback in Paytm load its said stopped for cc bill in Mobikwik..please confirm... thank you in advance

 

[4uziaul]

does RBL bank enterprise debit card (EDC) still give 5% cashback in Paytm load its said stopped for cc bill in Mobikwik..please confirm... thank you in advance

It never has and never will give 5% cashback. 🤭

 

[blaze]

Then how to earn cashback on EDC now ?

Pay via freecharge, you pay around 1.2% -1.5% fee so you still get around 3.5% cashback .

 

[blaze]

No downgrade policy means? Suppose we have Platinum LTF debit card on Advantage Savings account, then get Signature+ DC for as long as its rewards are there, can't we block Signature+ DC at some point if rewards are withdrawn and get Platinum again?

I confirmed it thrice via the customer support team. They said that we can downgrade our debit card. Will send an email and share the ss here.

 

[Karthi52]

Pay via freecharge, you pay around 1.2% -1.5% fee so you still get around 3.5% cashback .

is it account specific or card specific? because i just tried with indusind card for 1k, it shows zero charges

 

[blaze]

is it account specific or card specific? because i just tried with indusind card for 1k, it shows zero charges

Up to 1k once a month isn't chargeable. This also varies via account.

 

[stech18]

Pay via freecharge, you pay around 1.2% -1.5% fee so you still get around 3.5% cashback .

Is it still working ?

 

[blaze]

Is it still working ?

Yep, Got it this month

 

[runzone]

Yep, Got it this month

Hey, what are we paying on freecharge using EDC and how much rewards it is fetching?

 

[blaze]

Hey, what are we paying on freecharge using EDC and how much rewards it is fetching?

I get 3.7% effective reward.

 

[jeevanreddy58]

I have opened my Digital savings account with RBL. Which DC should I choose ? Signature+ or Enterprise ? my only motto is to pay CC bills and earn cb. I know Enterprise gives 5% but does signature+ and enterprise both are working in all platforms wherever Signature+ dc worked to get cashback?

 

[4uziaul]

I have opened my Digital savings account with RBL. Which DC should I choose ? Signature+ or Enterprise ? my only motto is to pay CC bills and earn cb. I know Enterprise gives 5% but does signature+ and enterprise both are working in all platforms wherever Signature+ dc worked to get cashback?

Better opt for Signature Plus since it doesn't have any restrictions. 😁

 

[jeevanreddy58]

Better opt for Signature Plus since it doesn't have any restrictions. 😁

Which restrictions? Can plz elaborate?