RBL BankRBL Bank ShopRite Credit Card

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RBL Bank

RBL Bank ShopRite Credit Card

4.2Best for groceries

Joining fee: —
Annual fee: ₹500
Welcome bonus: ₹500
Forex markup: 3.5%
Interest p.a.: 47.88%
Min income: —

How this card earns

Reward rates by category, with caps and an estimated yearly value.

Spend category	Reward rate	Monthly cap	Est. value/yr
Groceries 20 Reward Points per Rs.100 on grocery/supermarket; cap is 1,000 RP/month (~Rs.5,000 spend); 1 point = Rs.0.25. Beyond cap earns base 1 RP/Rs.100	5%	₹1,000	₹600
All other spends	0.25%	—	₹300

Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.

Fees & charges

Joining fee—

Annual fee₹500

Annual fee waiverSpend Rs.1,50,000 eligible retail in the membership year (fuel, utilities, insurance, rent, education, wallet loads, EMI, cash excluded)

Foreign currency markup3.5%

Finance charge (p.a.)47.88%

Fuel surcharge waiver1%, up to ₹100/mo

Key benefits

5% value-back on grocery/supermarket spends (capped)
10% off up to Rs.100 on BookMyShow, 15 times per calendar year
1% fuel surcharge waiver (Rs.500-4,000 txns, max Rs.100/month)
EMI conversion facility
Successor card onto which RBL migrated discontinued Edition/LazyPay cardholders

What we like

+Up to 5% value-back on groceries (20 RP/Rs.100 at Rs.0.25/point)
+Low Rs.500 annual fee, easily waived at Rs.1.5 lakh annual spend
+Welcome bonus of 2,000 RP (~Rs.500) offsets first-year fee
+BookMyShow movie discount and fuel surcharge waiver

What to watch

−Grocery cap is low (1,000 RP/month, hit at ~Rs.5,000 spend)
−Rs.99 + GST redemption fee per request erodes value
−Weak 0.25% base rate; many excluded categories (fuel, rent, utilities)
−Point value drops to ~Rs.0.11 on popular vouchers in practice; no lounge access