RBL Signature Plus Debit Card devalued

[ccdc]

Revision of RBL Bank Signature+ Debit Card Terms and Conditions:

As part of our constant endeavor to provide you with the best experience, we would like to highlight the following
benefits on your RBL Bank Signature+ Debit Card:

• Zero mark up on all your international spends carried out through POS/Online payments.
• Two (2) complimentary lounge access every quarter at select domestic airports.
• 1% monthly cashback as vouchers (up to INR 1,000) on minimum monthly spends of INR 10,000 on POS/Online
Payments.
• Annual Vouchers of INR 5,000 on spends of INR 5 lakhs on POS/Online Payments.
• Insurance cover up to INR 2 Crores
• Waiver on Annual fee pertaining to the subsequent year on carrying out minimum spends of INR 3 Lakhs on
POS/Online payments in the previous year.

While you continue to make the most of your RBL Bank Signature+ Debit Card, we would like to update you with
respect to the updated calculations for spends threshold and transactions that will be excluded for availing Monthly
Voucher/Annual Voucher/waiver of annual fee, effective 01st May 2024:

1. International transactions and/or transactions carried out on the Merchant Category Codes (MCC) listed below
will be excluded from availing Monthly and Annual vouchers and will also not be considered for availing the
benefits of the waiver of Annual Fee.

Merchant Category Codes & (MCC) Description:
6012 Financial Institutions – Merchandise, Services, and Debt Repayment
6051 Non-Financial Institutions – Foreign Currency, effective through 19 January 2024, Non-Fiat Currency and effective from 20 January 2024 Liquid and Cryptocurrency Assets (for example: Cryptocurrency), Money Orders (Not Money Transfer), Account Funding (not Stored Value Load), Travelers Cheques, and Debt Repayment
6540 Non-Financial Institutions – Stored Value Card Purchase/Load
6211 Security Brokers/Dealers

2. The minimum spends threshold for being eligible for Monthly vouchers with effect from 01st May 2024 will be INR
25,000 for current account customers.

Disclaimer: The transactions for each category are identified through Merchant Category Codes (MCC), defined by the
card network such as Visa, MasterCard and RuPay. RBL Bank does not define the merchant category.

from April 1 amazon vouchers are only 50% of joining rewards given so only 2.5k i/o 5k.....other vouchers would be still 5k

 

[Vasuki]

Whats that
?

The package is enough to understand whats in it 😁😁 @S S V

Gold bar .

Yes yes .

45 k edge point should come ..I m waiting to buy again

 

[Vasuki]

Here you guys are wrong,

You guys always think about i, i, i, i.... 🤣 🤣

The next generation is not going to think like this, they will be happy to get the free credit limit of 30/45 days, that's it.

Of course, banks will give few % RP on genuine transactions. Co-branded cards will also exist, you will get 3% to 10% cashback on cobrand cards.

There is no need to give RP on all other transactions.

But if we talk about the generation after that, then who knows they may end all this too.

1st gen. ko reward dekar digital transaction karwana,

2nd gen. ko limited rewards and 30/45 days ka free credit limit ka dream dekhana hai + cobranded cards k higher Reward bhi hai.

3rd gen. se woh bhi chinn lena hai.

Phir tum 3rd gen se yeh expect nahi kar sakte ho ki woh cash use karega..

Third Generation will tell you 100s of benefits on credit cards even without reward points.

Like saving time, saving fuel (Because if you go to pay electricity and water bill with cash then you will use your vehicle), 30/45days free credit limit, they will happy to pay 1% surcharge on education payment etc because dude you will get 30/45days free credit limit etc.

This may seem crazy to you but all this is not for the 3rd gen. This is business dude.

Banks go with society trends
Not other way around


You should bread How to hook people to your product book

I will send you book pdf

 

[SSV]

The package is enough to understand whats in it 😁😁 @S S V

Yes yes .

45 k edge point should come ..I m waiting to buy again

Unfortunately the rate had shot up recently for you …
I bought these at a net effect rate of 6000 per gram two months ago

 

[Abhishek012]

Banks go with society trends
Not other way around


You should bread How to hook people to your product book

I will send you book pdf

Yes, but we should think about the positive side, digital transactions are a good thing.

Everyone will use digital transactions without reward points. Cash is not going to come in future.

 

[Vasuki]

Unfortunately the rate had shot up recently..
I bought these at a net effect rate of 6000 per gram two months ago

800 since I bought . bought at 15k for 24 k 2 GM

 

[SSV]

800 since I bought . bought at 15k for 24 k 2 GM

Pool the money and buy at the next retracement

 

[HumorSimpson]

The package is enough to understand whats in it 😁😁 @S S V

Yes yes .

45 k edge point should come ..I m waiting to buy again

How much gold 🥇?

 

[Vasuki]

Yes, but we should think about the positive side, digital transactions are a good thing.

Everyone will use digital transactions without reward points. Cash is not going to come in future.

There will be a funding rain after world comes normal & we will enjoy rewards again ..
It's matter of time .
Bcz of funding winters everyone suffering

 

[Vasuki]

How much gold 🥇?

1- ,2,5gm are available
24,22 k
Remember when I asked about Karat .. that day I bought on Myntra

 

[SSV]

How much gold 🥇?

This is my recent collection, still some need to be unpacked…most of them bought at 10% discount to market rate then

 

[HumorSimpson]

This is my recent collection, still some need to be unpacked…most of them bought at 10% discount to market rate then

View attachment 48449

Axis joining benefits ? How many cards and what cards ?

 

[Vasuki]

This is my recent collection, still some need to be unpacked…most of them bought at 10% discount to market rate then

View attachment 48449

Bro giving anxiety

 

[Shubham Yadav]

Here you guys are wrong,

You guys always think about i, i, i, i.... 🤣 🤣

The next generation is not going to think like this, they will be happy to get the free credit limit of 30/45 days, that's it.

Of course, banks will give few % RP on genuine transactions. Co-branded cards will also exist, you will get 3% to 10% cashback on cobrand cards.

There is no need to give RP on all other transactions.

But if we talk about the generation after that, then who knows they may end all this too.

1st gen. ko reward dekar digital transaction karwana,

2nd gen. ko limited rewards and 30/45 days ka free credit limit ka dream dekhana hai + cobranded cards k higher Reward bhi hai.

3rd gen. se woh bhi chinn lena hai.

Phir tum 3rd gen se yeh expect nahi kar sakte ho ki woh cash use karega..

Third Generation will tell you 100s of benefits on credit cards even without reward points.

Like saving time, saving fuel (Because if you go to pay electricity and water bill with cash then you will use your vehicle), 30/45days free credit limit, they will happy to pay 1% surcharge on education payment etc because dude you will get 30/45days free credit limit etc.

This may seem crazy to you but all this is not for the 3rd gen. This is business dude.

 

[Vasuki]

Axis joining benefits ? How many cards and what cards ?

Si , to previlge..

Maybe some he bought via Myntra cc with cash

 

[HumorSimpson]

Si , to previlge..

Maybe some he bought via Myntra cc with cash

SI how much it gives ? Privilege ?

 

[SSV]

Bro giving anxiety

Your portfolio needs to be balanced in all sorts of things…
Shares, mutual funds, FD, real estate,,gold, etc shall I dare to say (ULIP)!!! 😀 😀 😀

 

[Vasuki]

SI how much it gives ? Privilege ?

Si 30k edge reward

36 k is 15 k Myntra gv via previlge
30 is 12.5 k
For 6 k fees

 

[SSV]

Axis joining benefits ? How many cards and what cards ?

Not all from Axis benefits, others thru some other techniques..
You just need to try different things

 

[HumorSimpson]

Not all from Axis benefits, others thru somenother techniques..
You just need to try different things

money rotation ?

 

[SSV]

money rotation ?

Nothing of that sort.
I had never ever transferred money from my cc to my bank account,
And I would never do