RBL Bank Apex Credit Card
RBL Bank
₹10,000
Joining fee
₹10,000
Annual fee
No spend-based waiver; not lifetime free. DIRECT CONTRADICTION on redemption fee — official states 'not applicable on cashback redemption' while CardsWala states Rs 99 + GST per cashback redemption. Flagged, unresolved.
2%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹1,50,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 800+
Estimated — not officially confirmed by the bank.
Lounge access
Domestic: 1 complimentary visit per calendar quarter, gated by a minimum Rs 35,000 spend in eligible purchases in the prior quarter, limited to major Indian airports (both sources agree)
International: not offered
Reward details
1% cashback on other purchases, capped at Rs 500/billing month
- Unlimited 2% cashback on Flights, hotels, shopping, vouchers via RBL Bank Rewards Portal
Welcome bonus: Vouchers worth over Rs 1,000 (official) / over Rs 1,700 (aggregator) for dining and flights — minor discrepancy; requires first transaction within 30 days plus membership fee payment
- Rs 2,00,000 annual spend: Rs 1,000 cashback
- Rs 4,00,000 annual spend: additional Rs 2,000 cashback (total up to Rs 3,000/year)
Category caps
- Other purchases cashback: Rs 500/billing month
Redemption
Via RBL Bank Rewards Portal.
Caps: Redemption fee disputed — see fee_waiver_detail
Excluded from rewards: fuel, utilities, insurance, quasi-cash, railways, real estate/rental, education, wallet/service providers, government services, contracted services, cash, miscellaneous, Bills2Pay, EMI conversion
- Buy 1 Get 1 Free movie ticket on BookMyShow, capped at Rs 100, monthly.
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Unlimited cashback on core categories; substantial milestone benefits; multiple lifestyle perks — CardsWala
Complaints
- The Rs 1,000 annual membership fee adds to the cost with no waiver path; the disputed redemption fee (if it applies) would further reduce effective rewards; the 1% cashback category is heavily capped at Rs 500/month; lounge access requires a Rs 35,000 quarterly spend; extensive category exclusions — CardsWala
Sources
- Official — fees, lounge, rewards
- Aggregator — fees, lounge, rewards, sentiment