The ease of online shopping along with the additional cash back features and reward points emerged as the key reasons behind the robust growth of the credit card industry. While these factors make e-commerce more convenient in Tier-II and Tier-III cities, the online spends via credit cards constituted 45%-50% of the total transactions on them.
Taking into consideration the growing popularity of these credit cards, reputed lenders like Bajaj Finserv now offer their feature-loaded RBL Bank Credit Card. They come with numerous industry-first features along with the ease in its accessibility to make them the preferred go-to option for the required financial expenses.
Look out for the top 5 features of the RBL Bank Credit Card.
Top 5 features of the Bajaj Finserv RBL Bank SuperCard
- High reward points
Reward points are one of the top benefits of having a credit card as compared to debit cards. Additionally, earning reward points is not limited only on single transactions; cardholders can also receive such points on multiple occasions like –
- ● When they reach a milestone – Cardholders can reach a milestone by spending a particular amount via a credit card annually. Let’s take into account the Bajaj Finserv RBL Bank World Plus SuperCard. One of the most beneficial credit card features that it comes with is providing 20,000 reward points in case the individual spends Rs. 3 Lakh a year. An additional Rs. 20,000 is provided in case the paid amount reaches Rs. 5 Lakh.
- As a welcome bonus: With specific cards, individuals can avail a welcome bonus of up to Rs. 20,000
Thus, if an individual knows how to use a credit card wisely, he/she can avail these reward points and redeem them against flight tickets, hotel stays, curated personalised gifts, latest gadgets, retail shopping vouchers, mobile recharges, etc.
- Robust security
Such cards are loaded with security features to mitigate cybercrime threats. Credit card features like ‘zero-fraud liability cover’ and ‘in-hand security’ provides cardholders with greater control over their cards in terms of security. Additionally, one can also control the usage of their cards with the RBL MyCard application.
- Fuel surcharge waiver
Cardholders purchasing fuel with their card can avail multiple benefits like earning a large number of reward points. Such a transaction is redeemable against several options and attracts fuel surcharge waivers. While some cards come with a full waiver, some offer partial waivers and is limited to a specific monthly amounts.
Bajaj Finserv offers the RBL Bank Credit Card in collaboration with RBL Bank which offers up to Rs. 200/month as fuel surcharge waiver.
Bajaj Finserv also brings you pre-approved offers on credit cards that make the process to avail them simple and easy. These offers are available on numerous financial products including credit cards, secured advances like home loans, unsecured advances like business loans, personal loans, etc. You can take a look at your pre-approved offer by providing a few essential details like your name and contact number.
These credit cards also provide you with industry-first features that include –
- Interest-free cash withdrawal from ATMs
Using credit cards to withdraw cash from ATM often incurs a high interest rate. However, in the case of Bajaj Finserv RBL Bank SuperCard, individuals do not need to pay interest for up to a 50 days on ATM cash withdrawals.
- Availing an emergency loan
Cards like the Bajaj Finserv Credit Card also provides cardholders the option to convert their balance credit limit into a personal loan for emergency purpose. This loan amount can be repaid in 3 convenient EMIs without drawing any interest. Make sure to check the annual charges and joining fees, while availing such credit cards from reputed lenders. Go for one that charges a nominal processing fee, and offers pocket-friendly EMIs options.