How Does it Work?

As a MoneyTap RBL bank credit card holder you can:

  • Download the MoneyTap app on your phone and transfer money from the app to your bank account instantly.
  • Use it like any other credit card to pay for products and services online and in stores.

Features and Benefits of
RBL MoneyTap Credit Card

RBL MoneyTap Credit Card comes with a credit line that allows you to use the credit anytime and any way you like!

  • A credit limit of a minimum of ₹ 3,000 and a maximum of ₹ 5 Lakh

  • Pay interest only if you transfer money or use EMI conversion

  • Choose a tenure of your choice – anywhere between 2 to 36 months

  • When you repay the amount in EMIs, the credit limit is topped up.

  • The card doesn’t require any guarantors or collateral

  • You can keep track of your EMIs and credit limit using the app

How to Apply for RBL MoneyTap Credit Card?

  • Step 1

    Download the MoneyTap app from the Android Play Store or Apple Store

  • Step 2

    Upload your photographs, residential address as eKYC documents and PAN card.

  • Step 3

    Fill in the details about your current job, the name of the company, and whether you work in the private sector or public.

  • Step 4

    Review the details and submit the application.

  • Step 5

    Next, you will receive a link on your registered Gmail ID through which you will be redirected to a secure web portal. Upload your bank statements on this portal.

  • Step 6

    Finally, you will be directed to a page where you need to enter details such as the name of your bank, salary account number and the date range of the bank statements.

Rewards and Perks of RBL MoneyTap Credit Card

Every time you use the RBL credit card, you will earn RBL credit card reward points.

Benefits worth ₹ 7,500+ every year with the MoneyTap Credit Card

Features Benefits Value
Annual Membership Fee ₹ 499 -
Welcome Benefit 2,000 Reward Points 500
Reward Program 1 Reward Point/ ₹ 100 840
Accelerated Rewards 20 Reward Points/ ₹ 100 on groceries on Wednesdays
40 Reward Points / ₹ 100 on pizzas on Wednesdays
2,400
Spend Linked Benefit 4,000 Reward Points 1,000
Movie Benefits Free movie ticket on Wednesdays, once a month 2,400
Airport Lounge Access Not available 0
Fuel Benefit Up to ₹ 100 per month 1,200
Total Annual value - 7,500+
Value on spends of ₹ 20,000 per month with ₹ 17,000 on normal spends and ₹ 4,000 per month on accelerated categories on Wednesdays. Reward points redeemable for a value of ₹ 0.25 for gift vouchers of select brands.

MoneyTap RBL Black Card Benefits and Reward Points:

Types of Rewards Details Reward Points Earned Annual Value (in ₹)
Welcome Benefit Payment of fee and usage within first 60 days 12,000 3,000
2 Reward Points per ₹ 100 on Regular Spends Spends on ₹ 20,000 per month 400 1,200
5X Reward Points on Online Spends, up to 500 Reward Points in a Month Assuming spends of ₹ 5,000 p.m. 500 1,500
1000 Monthly Reward Points At least 5 card transactions of ₹ 1,000 or more 1000 3,000
BookMyShow - 10% Discount Maximum discount of ₹ 100 per transaction, 15 times in a year 1500 1,500
Spend Milestones 8000 Reward Points on annual online spends of ₹ 2.5 Lakh
Additional 8000 Reward Points on annual online spends of ₹ 4 Lakh
16000 4,000
Fuel Surcharge Waiver Fuel purchase of ₹ 4,000 p.m. without surcharge 1200 1,200
Airport Lounge Access (1 per Quarter) Assuming ₹ 800 per visit and 4 visits in a year 3200 3,200
Total Value Earned 18,600

Eligibility Criteria

RBL credit card eligibility criteria:

  • Must be a full-time salaried employee with a take-home salary of at least ₹ 20,000/month
    OR
    Must be a self-employed professional with an income of at least ₹ 20,000/month

    (Only certain professionals like doctors, lawyers, business owners, etc. qualify)

  • Must be above 23 years and below 55 years of age

Required Documents

Documents required to apply for RBL credit card:

  • Identity proof
  • Copy of your PAN card/Aadhar card/Passport/Voter ID card
  • 2 recent passport-sized photographs
  • Copy of proof of residence (phone bill or electricity bill)
  • Latest bank account statements
  • Salary slips of the last three months

Fees and Charges for MoneyTap RBL credit card

Fees and Charges Amount
Annual Fee for MoneyTap RBL Credit Card ₹ 499 plus GST
Annual Fee for MoneyTap RBL Black Credit Card ₹ 3,000 plus GST
Rate of Interest 1.25% to 1.5% per month
Credit Limit Up to ₹ 5 Lakh

MoneyTap Card comes with a one-time Setup Fee of ₹ 499/- plus GST. There are annual maintenance charges of ₹ 499/- which are waived off on spends of ₹ 1 Lakh in the previous year.

MoneyTap Black Card comes with a one-time Setup Fee of ₹ 3,000/- plus GST. Annual Membership Fee of ₹ 3,000/- plus taxes will be applicable from second year onwards. The annual maintenance charges of ₹ 3,000/- are waived off on spends of ₹ 1 Lakh in the previous year.

Commonly Asked FAQs

No, there is no provision of an add-on card with the RBL MoneyTap credit card.

No, there are no hidden charges involved in the process of availing credit through the RBL MoneyTap credit card or the credit line.

Yes, you can convert the card payments into EMIs.

Download the MoneyTap app from Google PlayStore or Apple store. Once you download MoneyTap, you can instantly transfer money to your RBL credit card.

Yes, you can withdraw cash up to your cash limit with your RBL Bank Credit Card. All cash transactions will have a cash advance fee and applicable interest along with service charges.

Yes, you can use the RBL credit card for all international transactions.

Note: All the globally valid cards are governed by usage restrictions, entitlements and other conditions stipulated by the Reserve Bank of India (RBI) or by any other Government Authority from time to time.

Card transactions in Nepal & Bhutan can be in the local currency or the Indian rupee.

Please check the service charges to know the interest rate applicable on your RBL Credit Card.