RBL Bank Cookies Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

A gift voucher valued at Rs. 1,000 to welcome you. Earn up to 5 Reward Points for every Rs. 100 spent online. Get a 10% discount on BookMyShow. Receive 10% cashback on Zomato, Uber, and Myntra. Enjoy gift vouchers worth up to Rs. 5,000 when you reach a certain spending milestone. Have the monthly membership fee waived by meeting the spending requirement. Receive a 1% waiver on fuel surcharge, up to Rs. 150.

I recently had the opportunity to review the RBL Bank Cookies Credit Card.

This card is targeted towards individuals who enjoy shopping and prefer to earn reward points as they spend.

The card comes with a joining fee of Rs. 100 + GST per month, as well as a renewal fee of Rs. 100 + GST per month.

One of the standout features of this card is the welcome benefit.

New cardholders are eligible to receive a gift voucher worth Rs. 1,000 from popular e-commerce platforms such as Flipkart, Amazon, Croma, Myntra, or Shoppers Stop.

This is a generous welcome gesture that adds immediate value to the cardholder's experience.

In addition to the welcome benefit, the RBL Bank Cookies Credit Card offers discounts on movie dining.

Cardholders can enjoy a 10% discount on BookMyShow, making movie nights more affordable and enjoyable.

Earning reward points is another enticing aspect of this card.

Cardholders earn 1 reward point for every Rs. 100 spent offline and 5 reward points for every Rs. 100 spent online.

This allows for accelerated rewards accumulation, especially for those who frequently shop online.

While the RBL Bank Cookies Credit Card excels in shopping rewards and benefits, it falls short in other areas such as travel, lounge access, golf, and insurance benefits.

These features are noticeably absent, which may not make this card suitable for individuals looking for travel-related perks.

For those concerned about the monthly renewal fee, RBL Bank offers a spend-based waiver.

By spending Rs. 5,000 in the previous month, cardholders can have their monthly renewal fee waived off.

This provides a cost-saving opportunity for active card users.

It is important to note that there is a rewards redemption fee of Rs. 99 + GST applicable when redeeming earned reward points.

When it comes to foreign currency spends, the RBL Bank Cookies Credit Card charges a foreign currency markup of up to 3.5%.

This should be taken into consideration for individuals who frequently travel abroad or make international purchases.

In terms of interest rates, the card offers up to 3.99% per month.

This is relatively standard among credit cards in the market.

On the positive side, the RBL Bank Cookies Credit Card provides a 1% fuel surcharge waiver for all fuel transactions between Rs. 500 and Rs. 4,000.

This makes it an attractive option for individuals who frequently use their credit card for fuel purchases.

However, it is worth noting that cash advances on this card come with a fee of 2.5% of the amount withdrawn or Rs. 500 (whichever is higher).

This is something to consider for those who may require cash advances from time to time.

To conclude, the RBL Bank Cookies Credit Card is a suitable option for individuals who enjoy shopping and want to earn rewards for their spending.

It offers a welcome benefit of a gift voucher worth Rs. 1,000, as well as discounts on movie dining.

However, it lacks in travel-related benefits and charges a foreign currency markup on international spends.

The card can be cost-effective for active users with the spend-based waiver on the monthly renewal fee.