RBL Shoprite Credit Card

About RBL Shoprite Credit Card

Are you still paying full price for your weekend movie tickets? The RBL Shoprite Credit Card is designed to ensure you never have to do that again while earning rewards on your everyday spending.

This card is a straightforward financial tool that puts money back in your pocket through movie discounts and reward points. If you spend roughly ₹12,500 a month, you can completely wipe out your annual fee, making the card effectively free for active users. It is a practical choice for young professionals who are just starting their credit journey and want a card that covers the basics without a high price tag.

Targeted at individuals earning ₹30,000 monthly, this card fits perfectly for those who prioritize entertainment and simple reward structures over complex travel miles or luxury perks. It is especially useful for shoppers who visit the cinema frequently, offering a consistent discount that adds up over the year.

What sets it apart:

• • High-Frequency Movie Savings: Unlike many basic cards that limit movie perks to once a month, this card lets you use your discount up to 15 times a year.
• • Zero Entry Barrier: With a ₹0 joining fee, you can start using the card and earning rewards without any upfront investment.
• • Accessible Eligibility: A modest income requirement of ₹3 lakh per year makes this one of the most accessible cards for early-career professionals.

Quick check: To qualify for this card, you will need to be between 21-60 years old with a steady monthly income of at least ₹30,000 and a credit score of 720 or higher.

Let's break down why this card might deserve a spot in your wallet:

Key Benefits and Features of the RBL Shoprite Credit Card

The RBL Shoprite Credit Card focuses on essential spending categories. It does not try to be a premium travel card; instead, it excels at providing value for routine lifestyle expenses.

Welcome Rewards to Get You Started

As soon as you join the RBL family, you are greeted with 2,000 reward points. Given the conversion rate of 1 Reward Point = ₹0.25, this welcome gift is worth ₹500. To get these points, you simply need to make a small transaction of at least ₹100 within the first 30 days of receiving your card. It is a simple way to offset the cost of the annual fee right from day one.

Movie Discounts for the Entertainment Lover

If you enjoy the big screen experience, this is where the card shines. You get a 10% discount on movie tickets booked through BookMyShow. While the discount is capped at ₹100 per transaction, the real value lies in the frequency. You can use this offer up to 15 times in a calendar year. If you maximize this, you save ₹1,500 annually just on movies. To use it, just select the RBL Bank 10% offer under the credit card offers section on the BookMyShow checkout page.

Simple Reward Structure for Daily Spends

The card keeps things easy to track. For every ₹100 you spend on dining and other general categories, you earn 1 reward point. There is no need to memorize rotating categories or complicated merchant lists. These points can be used for a variety of redemptions including shopping vouchers, flight bookings, mobile recharges, and gifts through the RBL rewards portal.

Fuel Surcharge Waiver

Rising fuel prices are a concern for everyone. With this card, you get a 1% fuel surcharge waiver at any petrol pump in India. This applies to transactions between ₹500 and ₹4,000. You can save up to ₹100 every month on these surcharges. While it may seem small, it adds up to ₹1,200 in savings over a year for regular commuters.

Annual Fee and Waiver Conditions

The RBL Shoprite Credit Card comes with a very low maintenance cost.

• Joining Fee: ₹0 (Completely free to start)
• Annual Fee: ₹500
• Fee Waiver: Spend ₹1,50,000 or more in the previous year to have the ₹500 fee waived for the next year.

Eligibility Criteria

The bank has set clear guidelines for who can apply for this card. Whether you are a salaried employee or run your own business, the criteria remain consistent:

• Age: 21 to 60 years.
• Minimum Monthly Income: ₹30,000.
• Credit Score: A CRIF or CIBIL score of 720 is required to ensure a smooth approval process.

How to Apply for the RBL Shoprite Credit Card

The application process is designed to be straightforward. Follow these steps to get your card:

1. Check Your Eligibility: Before applying, ensure you meet the minimum income of ₹30,000 per month and have a credit score around 720.
2. Visit the Official Portal: Go to the RBL Bank website or use the partner link to start your application.
3. Fill in Details: Provide your basic information, including your PAN, Aadhaar number, and employment details.
4. Submit Documentation: You will need to upload digital copies of your identity proof, address proof, and recent income documents.
5. Verification: The bank will conduct a verification call or a physical visit to verify your details.
6. Approval and Dispatch: Once verified, your card will be approved and sent to your registered address within 7-10 working days.

Processing and card dispatch takes 7 to 10 working days, depending on your location and the speed of document verification.

Credit Limit: What to Expect

Credit limits are assigned based on your income, credit score, and banking relationship. Most applicants receive an initial limit between ₹50,000 and ₹1,00,000 based on their income profile. For a card with a ₹30,000 monthly income requirement, the bank analyzes your existing debt-to-income ratio before finalizing the limit. If you maintain a good repayment track record for six months, you can often request a limit enhancement.

Comparison Table: RBL Shoprite vs. Competitors

To understand where the RBL Shoprite stands, we must compare it with other popular entry-level cards in the Indian market.

If you prefer offline dining and going out to the movies, the RBL Shoprite is a fantastic choice because it does not charge a joining fee. However, if your spending is almost entirely on Amazon or Flipkart, the SBI SimplyClick offers a better reward rate for those specific platforms.

Documents Required for RBL Shoprite Credit Card Application

You will need to submit the following documents when applying:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, or Driving License
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), Rent Agreement, or Property Tax Receipt
• Income Proof: Latest 3 months' salary slips and 6 months' bank statements
• Employment Proof: Office ID card or employment letter

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, or Driving License
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), or Property Documents
• Income Proof: Latest 2 years' ITR with computation of income, 6 months' bank statements, and CA-certified financials
• Business Proof: Business registration certificate, GST registration (if applicable), or Shop Act License

Note: All documents must be self-attested. The bank often requests additional documents during verification.

Who Should Get This Card?

Should you get this card? Here is who benefits most from the RBL Shoprite Credit Card:

The Movie Enthusiast: If you are a student or a young professional who watches at least one movie a month in theaters, this card is built for you. By using the 10% BookMyShow discount 12-15 times a year, you effectively get back more than the cost of the annual fee in direct savings. If your movie tickets average ₹400, a 10% discount saves you ₹40 per ticket. Over 15 movies, that is ₹600 saved, which already covers the ₹500 annual fee.

The First-Time Card Holder: If you earn ₹30,000 to ₹35,000 and want a card with zero joining fees to build your credit score, this is a safe and rewarding entry point. It is easy to manage, and the reward system is not overwhelming. You can use it for your daily dining and small purchases to build a strong CIBIL history.

The Disciplined Spender: If you spend around ₹13,000 monthly across all categories, you will easily hit the ₹1.5 lakh annual spend target. This makes the card effectively free for you every year, allowing you to enjoy the benefits without ever paying a fee.

You might want to skip this card if:

• • You spend heavily on online travel bookings or international flights, as there are no specific travel perks or lounge access.
• • You want high cashback on specific e-commerce sites like Flipkart or Amazon, where other co-branded cards offer 5% back compared to this card's standard reward rate.

BankKaro Expert Review

Based on the card's features, the RBL Shoprite Credit Card excels at being a low-maintenance, high-utility card for entertainment and dining. It is refreshing to see a card that does not charge a joining fee, which is a significant plus for budget-conscious applicants. The movie benefit is surprisingly robust for an entry-level card, offering 15 uses per year whereas competitors often cap this at 12 or fewer.

The biggest limitation is the reward conversion rate. At ₹0.25 per point, the effective reward rate is 0.25%, which is on the lower side for general spends. Additionally, the list of excluded categories is quite extensive. You won't earn points on rent, utility bills, insurance, or school fees. This means you must rely on dining and other retail shopping to accumulate points.

Our verdict: Choose this card if you want a "starter" card that is free to join and offers consistent movie discounts. It is a great tool for building credit while getting a little something back on your weekend outings. However, don't expect it to be your primary card for heavy savings on utilities or groceries due to the current exclusion list.

Terms and Conditions

Please keep the following terms in mind regarding your RBL Shoprite Credit Card:

• • The bank assigns card variants based on your eligibility. Please carefully read the features of the card offered before submitting your application.
• • A minimum transaction of Rs.100 within 30 days of card issuance is required to activate the card. If you do not meet this requirement, you will not be eligible for the 2,000 reward points welcome benefit.
• • Rewards are not earned on specific categories including Fuel, EMI transactions, Wallet loads, Jewellery, Cash advances, Rent, Government payments, Insurance, Education, and Utility bills.
• • For complete terms and conditions, refer to the official policy document on the RBL Bank website.