RBL Bank Icon Credit Card is one of the premium credit cards offered by RBL Bank that offers complimentary lounge access and movie tickets.
Features
- 20000 reward points as joining benefit (value approx Rs 5000)
- Get one complimentary movie ticket free (up to Rs. 200 every month) on purchase of 2 or more tickets at BookMyShow – Buy 1 get 1 free on Bookmyshow Movie tickets. (twice a month)
- 8 complimentary visits every year ( 2 every quarter) at domestic lounges at all major airports in India (MasterCard Lounges)
- complimentary Priority Pass membership that gives Access to international lounges chargeable up to $27 per visit.
- Enjoy complimentary golf rounds and discount on green fees
- Discounts and offers on restaurants and hotels.
- Irrespective of which RBL card you hold, you can avail special offers being a RBL Card holder. See the offers and discount available to all RBL Card holders.
Reward Points Collection
- Earn 2 reward points for every Rs.100 on all your purchases
- Earn 20 reward points for every Rs.100 on dining and international purchases on weekend
- Additional 1,0000 Bonus Reward Points if you hit annual spending of Rs 3 Lakhs.
- Get additional 15000 points, if you hit annual spending of Rs 5 Lakhs
- Another 20000 points, if you hit annual spending of Rs 8 Lakhs
- Can get many discount offers applicable for all RBL Credit cards for groceries, travel, hotel, movies, shopping & gifts.
Reward Points Redemption
- You can redeem the points against Flights & Hotels, Shopping, Mobile recharges and retail vouchers. They have a dedicated rewards website – https://www.rblrewards.com
Points Value / Cashback equivalent based on redemption
1 point = Rs 0.25
- Approx. cashback of 0.50% on normal spending
- Approx. cashback of 5% on dining and international spending on weekends
Additional 1.87 % cashback (approx Rs 15000 ) if you hit annual spending of Rs 8 lakhs . Total Points on 8L Spend = 45,000 Milestone Points + 16,000 Regular Points = 61,000 Points = Rs.15,000 in value (1.87% value back)
Fees: Annual Fees – Rs 5000
Summary
This card if good as it gives you complementary lounge access & Buy 1 Get 1 free movie tickets.You are already getting the reward points equivalent to first year joining fees. This card may be beneficial if you have an annual spending of Rs 8 lakhs.
See list of all credit cards offered by RBL Bank and check which one you should go for.