RBL Bank Platinum Maxima Plus Credit Card

Name: RBL Bank Platinum Maxima Plus Credit Card
Brand: RBL Bank
Price: 2500 INR
Availability: InStock
Rating: 3 (1 reviews)

Overview

RBL Bank prices the Platinum Maxima Plus at ₹2,500 per year plus GST, with no separate joining fee. You start with 10,000 welcome reward points after making your first transaction within 30 days and paying the membership fee by its due date. Those points get credited within 60 days of card issuance, essentially offsetting most of the first-year cost.The reward structure splits into two tiers. All eligible purchases earn 2 points per ₹100. Dining, entertainment, grocery, and international transactions earn 5x that rate, hitting 10 points per ₹100, though this accelerated earning caps at 1,000 reward points per month. Fuel, utilities, insurance, education, rent, government payments, and EMI conversions earn nothing.Milestone rewards are where this card gets interesting. Spend ₹2 lakh in a year for 10,000 points, ₹3.5 lakh for another 10,000, and ₹5 lakh for 10,000 more. That is 30,000 bonus points on top of your regular earnings. The monthly BookMyShow Buy 1 Get 1 offer (worth up to ₹200) adds entertainment value, while primary cardholders who spend ₹35,000 or more in a quarter unlock 2 domestic airport lounge visits the following quarter.The main drawback is the non-waivable annual fee. Unlike many competitors that drop the fee at a certain spend level, RBL charges ₹2,500 every year regardless. The 1,000-point monthly cap on 5x categories also limits earnings for heavy spenders in those categories. If you consistently spend above ₹50,000 per month, you might find better value in a higher-tier RBL or competitor card that removes these caps.

Pros

↑10,000 welcome reward points effectively cover the first year's annual fee when redeemed for flights or vouchers
↑5x rewards on dining, entertainment, grocery, and international purchases significantly boost earning potential over the 2x base rate
↑Three-tier milestone system at ₹2L, ₹3.5L, and ₹5L yields up to 30,000 bonus points, among the strongest milestone structures at this fee level
↑Monthly Buy 1 Get 1 movie ticket at BookMyShow (up to ₹200) saves roughly ₹2,400 per year for regular movie-goers
↑2 domestic airport lounge visits per quarter is generous for a card at this price, matching cards that cost twice as much

Cons

↓₹2,500 annual fee has no spend-based waiver, so you pay it every year regardless of how much you use the card
↓5x accelerated category rewards capped at 1,000 points per month, limiting the upside for heavy dining and grocery spenders
↓Airport lounge access requires ₹35,000 quarterly spend and is limited to domestic lounges only, with no international coverage
↓Long exclusion list removes fuel, utilities, insurance, education, rent, railways, and government payments from rewards, milestones, and lounge eligibility

Key Highlights

Welcome Offer
10,000 welcome reward points
10,000 reward points credited within 60 days
Must swipe card within 30 days of issuance
Must pay annual membership fee by due date
Both conditions required to unlock benefit

Reward Rate
2 points per ₹100 (5x on select categories)
Base: 2 points per ₹100 on retail purchases
5x (10 points per ₹100) on dining, entertainment, grocery, international
5x category cap: 1,000 reward points per month
No points on fuel, utilities, insurance, education, rent, EMI

Minimum Salary
₹3 lakh/year (estimated, salaried)
Salaried: ₹3 lakh/year (estimated)
Self-employed: ₹4 lakh/year (estimated)
Age: 21 to 60 years (salaried)
Indian citizen with good credit history

Joining Fee
₹2,500 + GST
Annual membership fee: ₹2,500
Plus 18% GST (₹450), total ₹2,950
No separate joining fee
10,000 welcome points offset first-year cost

Annual Fee
₹2,500 + GST (no waiver)
Annual fee: ₹2,500 + GST
No spend-based waiver available
Charged every year regardless of spend
Welcome and milestone rewards help offset the cost

Why Choose?
Strong milestones and movie perks at ₹2,500
Up to 30,000 milestone bonus points annually
Buy 1 Get 1 movie ticket monthly on BookMyShow
2 domestic airport lounge visits per quarter
RBL estimates ₹20,000+ in total annual benefits

Key Benefits

Dining

★3.5

▼

5x rewards (10 points per ₹100) on dining transactions
Buy 1 Get 1 movie ticket monthly at BookMyShow (up to ₹200)
Select RBL Bank offer under Offers/Discounts section at BookMyShow
Available on website and mobile app
5x dining rewards share the 1,000 points/month cap with other accelerated categories

Grocery

★3.0

▼

5x rewards (10 points per ₹100) on grocery purchases
Shares the 1,000 points/month cap with other 5x categories
Standard 2 points per ₹100 applies after the cap is reached
Grocery spend counts toward milestone thresholds

Lifestyle

★3.0

▼

Buy 1 Get 1 movie ticket free every month at BookMyShow
Maximum discount of ₹200 per month
Must purchase 2 or more tickets to avail the offer
5x rewards on entertainment category purchases
Reward points redeemable for shopping vouchers and experiences

Milestone

★4.0

▼

₹2 lakh annual spend: 10,000 reward points
₹3.5 lakh annual spend: additional 10,000 reward points
₹5 lakh annual spend: additional 10,000 reward points
Maximum 30,000 milestone points per year
Points credited within 45 days of crossing each milestone
Fuel, utilities, insurance, education, rent, EMI excluded from milestone calculation

Reward Points

★3.5

▼

Base: 2 points per ₹100 on eligible retail purchases
5x (10 points per ₹100) on dining, entertainment, grocery, and international
5x category cap: 1,000 reward points per month
Points credited within 45 days from purchase settlement date
Redeem at rblrewards.com for flights, hotels, shopping vouchers
Redemption fee: ₹99 + GST per day of redemption

Merchant Offers

▼

BookMyShow Buy 1 Get 1 monthly (up to ₹200)
Reward redemption through rblrewards.com for flights, hotels, e-vouchers
₹99 + GST fee applies per day of reward redemption

Travel

★3.0

▼

2 complimentary domestic airport lounge visits per quarter
Requires ₹35,000+ spend in the previous calendar quarter
Primary cardholder only
No international lounge access
Fuel, utilities, insurance, education excluded from qualifying spend

Airport Lounge Access

▼

2 domestic visits per quarter (conditional on ₹35,000 previous quarter spend)
Primary cardholder only
No international lounge access
Fuel, utilities, insurance, education spend excluded from qualifying threshold

Emi

▼

EMI conversion available on eligible purchases
Converting transactions to EMI excludes them from reward points and milestone calculation
Tenure and rates depend on transaction amount and account standing

Detailed Information

Joining Fee	₹2,500 + GST
Annual Fee	₹2,500 + GST
Annual Fee Waiver	Not available
Monthly Percentage Rate	3.5%
Annual Percentage Rate	42%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5%
Late Payment Charges	₹100 to ₹1,300 based on outstanding amount
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	2% of transferred amount (min ₹250)
Fee For Supplementary Card	No fee
Card Replacement Fee	₹100 to ₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	21-60 years
Age Requirement Self Employed	21-65 years
Minimum Annual Income Salaried	₹3 lakh (₹25,000/month)
Minimum Annual Income Self Employed	₹4 lakh/year
Minimum Credit Score	700+

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest 3 months salary slips Latest 3 months bank statement Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

The annual membership fee is ₹2,500 plus 18% GST, bringing the total to ₹2,950 per year. There is no separate joining fee. This same amount is charged at issuance and on each annual renewal. Unlike several competitor cards, there is no spend-based waiver for this fee.

Two conditions must be met. First, swipe or use your card for any transaction within 30 days of card issuance. Second, pay the annual membership fee by its payment due date. Once both conditions are satisfied, 10,000 reward points get credited to your account within 60 days from the card issuance date.

All eligible retail purchases earn 2 reward points per ₹100 spent. Dining, entertainment, grocery, and international purchases earn at 5x the base rate, giving you 10 points per ₹100. The 5x accelerated earning is capped at 1,000 reward points per month. Points from each month's purchases are credited to your account within 45 days of the purchase settlement date.

Four categories earn 5x rewards (10 points per ₹100): dining, entertainment, grocery, and international purchases. The accelerated earning across all four categories combined is capped at 1,000 reward points per month. After hitting the cap, these categories revert to the standard 2 points per ₹100 rate for the rest of the month.

The following categories earn zero reward points: fuel, utilities, insurance, quasi-cash, railways, real estate and rental payments, education, wallet and service providers, government services, contracted services, cash transactions, miscellaneous MCCs, Bills2Pay, and EMI conversions. This includes converting retail transactions to EMI, Split-N-Pay, and EMI requests placed at POS or through web and mobile apps.

Three milestone tiers apply within each card anniversary year. Spending ₹2 lakh earns 10,000 bonus reward points. Reaching ₹3.5 lakh earns an additional 10,000 points. Crossing ₹5 lakh earns yet another 10,000 points. All three tiers together yield up to 30,000 milestone bonus points per year. Points are credited within 45 days of crossing each threshold. The same excluded categories that do not earn regular points also do not count toward milestones.

You get one complimentary movie ticket (up to ₹200) every month when you buy 2 or more tickets on BookMyShow. Select the RBL Bank Buy 1 Get 1 offer under the Offers/Discounts section on the BookMyShow website or app before completing payment. This works out to a saving of roughly ₹2,400 per year if you use it every month.

Primary cardholders who spend ₹35,000 or more in a calendar quarter unlock 2 complimentary domestic airport lounge visits in the following quarter. That means up to 8 lounge visits per year if you consistently meet the spend threshold. Only domestic lounges within India are included. Fuel, utilities, insurance, education, and other excluded category spends do not count toward the ₹35,000 threshold.

Reward points are redeemable through rblrewards.com for air travel bookings, hotel stays, and select e-vouchers. RBL Bank values 67,600 points (their example annual earning estimate) at approximately ₹16,900 in flight and hotel bookings. A redemption fee of ₹99 plus GST applies once per day, regardless of how many redemptions you make that day.

RBL Bank charges ₹99 plus GST each time you redeem reward points. This fee is a one-time charge per day, so if you redeem multiple items in a single day, you only pay the fee once. Plan your redemptions in batches to minimize this cost.

No. Unlike many competitor cards that waive the annual fee at a certain spending threshold, RBL does not mention any waiver condition for this card. The ₹2,500 plus GST fee applies every year. However, the 10,000 welcome points and strong milestone rewards help offset this recurring cost through redeemable value.

The finance charge is 3.5% per month, which works out to 42% per year. This applies to any outstanding balance carried past the payment due date. Paying the full statement amount by the due date each month avoids interest charges entirely. Cash advances attract interest from the date of withdrawal with no interest-free period.

The minimum payment is 5% of the total outstanding balance or ₹200, whichever is higher. Paying only the minimum avoids late payment penalties but triggers the 3.5% monthly finance charge on the remaining balance. Always aim to pay in full to avoid accumulating interest.

Late payment fees range from ₹100 to ₹1,300 depending on the total outstanding amount on your statement. The fee is charged if you fail to pay at least the minimum amount due by the statement due date. Late payments also trigger interest charges on the entire outstanding balance.

Cash advances carry a fee of 2.5% of the withdrawn amount, with a minimum charge of ₹500. Interest at 3.5% per month starts from the date of withdrawal with no interest-free period. Cash advance transactions do not earn any reward points. This makes ATM withdrawals on a credit card one of the most expensive ways to access cash.

A 3.5% foreign currency markup applies to all international transactions. International purchases do qualify for the 5x accelerated reward rate (10 points per ₹100), which partially offsets this markup if you are earning and redeeming points effectively. For frequent international spending, a dedicated travel card with lower markup may be more cost-effective.

Supplementary (add-on) cards are available at no additional annual fee. Add-on cardholders earn reward points at the same rate as the primary card. All points from supplementary card transactions accumulate in the primary cardholder's account and count toward milestone thresholds.

EMI conversion is available on eligible purchases. However, converting a transaction to EMI (including Split-N-Pay and EMI requests at POS, web, or mobile app) removes it from reward point and milestone calculations. Tenure options and interest rates depend on the transaction amount and your account standing.

Apply online through the RBL Bank website by clicking the Apply Now button on the Platinum Maxima Plus product page. You will need to provide your PAN, Aadhaar, and income proof. The application process is mostly digital. You can also apply through the RBL MyCard mobile app or visit an RBL Bank branch.

RBL Bank estimates total annual benefits exceeding ₹20,000 at moderate spend levels. The welcome benefit alone (10,000 points) covers most of the first year's cost. If you regularly dine out and watch movies, the 5x dining rewards and monthly BookMyShow BOGO add meaningful value. The three-tier milestone structure rewards sustained spending up to ₹5 lakh. The card pays for itself if your monthly spend consistently exceeds ₹15,000 to ₹20,000 on eligible categories. For lighter spenders, a no-annual-fee card might offer better net value.

Overview

Pros

Cons

Key Highlights

Key Benefits

Detailed Information

Frequently Asked Questions

Related Products

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Cons