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Aspire Banking Credit Card

RBL Bank
|
Banking Cashback Lifestyle Lounge Access

Annual Fee

₹1,500

Rewards/₹100 ⓘ

₹1.00 - ₹3.00

Normalized to balance base rate with bonus categories

Interest Rate

47.88%

Credit Score

750+

At a Glance

Key Benefits

1% cashback (Rs.1K cap), 3% on RBL portal, Rs.4.5K milestones, BookMyShow Buy 1 Get 1, wealth benefits

Lounge Access

1 domestic lounge visit per quarter (requires Rs.35K spend in previous quarter)

Eligibility

Aspire Banking customers (Rs.1L AMB or Rs.5L TRV), Age: 21-60, Credit Score: 750+

Quick Details

Annual Fee
₹1,500 #206
Joining Fee
₹1,500 #207
Interest Rate
47.88% p.a. #267
Forex Markup
3.50% #75
Rewards/₹100
₹1.00 - ₹3.00 #101
Reward Type Cashback
Reward Currency Cashback
Domestic Lounge Visits
1/year #120
Min Credit Score
750+ #186
Min Monthly Income ₹NaN
Network VISA
Card Replacement Fee 100
Late Payment Fee ₹750
Over Limit Fee 2.50% (min ₹500)
Cash Advance Fee 2.50% (min ₹500)
Card Replacement Fee ₹100

Reward Structure

Base

All Spends

₹1.00 /₹100
Cat

RBL Rewards Portal (Flights, Hotels, Vouchers)

₹3.00 /₹100

Reward Calculator

₹
Allocate by Category100%
RBL Rewards Portal (Flights, Hotels, Vouchers)
3.0 pts
60%₹30,000
Other Spends
1.0 pts
40%₹20,000
Your Rewards
Points Earned910
Cash Value₹910
Breakdown
RBL Rewards Portal (Flights, Hotels, Vouchers)900
Other Spends10
Total Value₹910
Quick amounts:

Milestone Benefits

Milestone

Rs.1,500 cashback credited to savings account on eligible purchases of Rs.3 lakhs in membership year

Spend ₹3,00,000 within 365 days

₹1,500

value

Milestone

Additional Rs.3,000 cashback credited to savings account on eligible purchases of Rs.5 lakhs in membership year (total Rs.4,500 with Rs.3L milestone)

Spend ₹5,00,000 within 365 days

₹3,000

value

Airport Lounge Access

Domestic Free
1

visits per quarter

Insurance Coverage

Lost Card

₹0

Standard lost card liability protection as per RBL Bank policies

Lifestyle Perks

Movie

1 /month

Buy 1 Get 1 Free movie ticket on BookMyShow (up to Rs.150 discount monthly, minimum 2 tickets required)

Other

1

Aspire Banking benefits: Up to 6.5% p.a. savings account interest + 7.2% p.a. FD interest

Other

1

Priority customer service for Aspire Banking customers

Other

1 /quarter

Lounge access requires minimum eligible purchases of Rs.35,000 in previous quarter

Quick Analysis

The RBL Aspire Banking Credit Card is an excellent entry-level relationship banking card for Aspire Banking customers (Rs.1L AMB or Rs.5L TRV), offering lifetime free membership. It provides straightforward 1% cashback on most purchases (capped at Rs.1K/month), 3% cashback via RBL Rewards Portal, and milestone benefits up to Rs.4,500 annually. The card includes basic lounge access (1/quarter on Rs.35K spend) and monthly movie offers. Combined with Aspire Banking benefits (6.5% savings + 7.2% FD interest), it offers solid value for relationship banking customers. However, limited lounge access, cashback caps, category exclusions, and high forex markup make it unsuitable as a standalone card. Best used by Aspire Banking customers as a supplementary cashback card.

Pros

  • Lifetime free for Aspire Banking customers
  • 1% cashback on all eligible purchases (up to Rs.1,000/month)
  • 3% unlimited cashback on RBL Rewards Portal (flights, hotels, vouchers)
  • Rs.4,500 milestone cashback on Rs.5 lakh annual spend
  • 1 domestic lounge visit per quarter (on Rs.35K spend)
  • BookMyShow Buy 1 Get 1 movie offer (up to Rs.150/month)
  • Wealth building: 6.5% savings + 7.2% FD interest
  • Cashback credited directly to savings account
  • Low annual fee of Rs.1,500 for non-Aspire customers
  • Accessible eligibility criteria
  • Fuel surcharge waiver benefits
  • No complex reward point calculations

Cons

  • Exclusive to Aspire Banking customers for lifetime free
  • Requires Rs.1 lakh AMB or Rs.5 lakh TRV for Aspire Banking
  • Limited lounge access (only 1 per quarter, needs Rs.35K spend)
  • Rs.1,000 monthly cap on 1% general cashback
  • 3% cashback only via RBL Rewards Portal (not all merchants)
  • No cashback on groceries, dining, fuel, entertainment, utilities
  • High forex markup of 3.5% (poor for international use)
  • High APR of 47.88% on outstanding balances
  • Rs.99 + GST redemption fee for cashback
  • No travel insurance or comprehensive coverage
  • Movie benefit limited to Rs.150 per month
  • Unused lounge visits don't carry forward

Best For

Aspire Banking customers, online shoppers, portal users, relationship banking seekers

Not Ideal For

Non-RBL customers, frequent travelers, those seeking comprehensive lounge access, international spenders

Frequently Asked Questions

What are the fees for the RBL Aspire Banking Credit Card?
The card has an annual membership fee of Rs.1,500 + GST. However, this fee is completely waived for Aspire Banking customers. Additionally, there is a cashback redemption fee of Rs.99 + GST when you redeem your accumulated cashback. Standard fees apply for late payment (Rs.500-750), over-limit (2.5%), cash advance (2.5%), and card replacement (Rs.100).
Who is eligible for Aspire Banking?
To qualify for Aspire Banking, you must maintain either a Total Relationship Value (TRV) of Rs.5 lakhs or an Average Monthly Balance (AMB) of Rs.1 lakh in your savings or current account with RBL Bank. Aspire Banking customers get the credit card lifetime free.
How does the cashback work?
You earn 1% cashback on all eligible purchases, capped at Rs.1,000 per billing month. Additionally, you get unlimited 3% cashback on purchases made through the RBL Bank Rewards Portal for flights, hotels, shopping, and vouchers. The cashback is credited directly to your RBL Bank savings account.
What categories are excluded from cashback?
Cashback is not applicable on the following categories: groceries, dining, utilities, fuel, entertainment, rentals, education, wallet loads, insurance premiums, and similar merchant categories as determined by RBL Bank.
What are the milestone benefits?
On eligible purchases of Rs.3 lakhs in a membership year, you earn Rs.1,500 cashback. If you spend Rs.5 lakhs in a membership year, you earn an additional Rs.3,000 cashback (total Rs.4,500). These amounts are credited to your savings account.
How does lounge access work?
You get 1 complimentary domestic airport lounge visit per calendar quarter at major Indian airports. To qualify, you must make eligible purchases of Rs.35,000 or more in the previous quarter. Unused lounge visits do not carry forward to the next quarter.
What is the BookMyShow movie offer?
You can enjoy Buy 1 Get 1 Free on movie tickets through BookMyShow, with savings of up to Rs.150 every month. You must book a minimum of 2 tickets to avail this benefit.
What is the interest rate and forex markup?
The annual interest rate is 47.88% (3.99% per month) on outstanding balances. The foreign currency markup is 3.5% on all international transactions. The interest-free period is up to 45 days from the transaction date.
What are the wealth-building benefits?
As an Aspire Banking customer, you can earn up to 6.5% annually on your savings account and up to 7.2% annually on fixed deposits. Combined with the credit card cashback benefits, this creates a comprehensive wealth-building ecosystem with potential annual yields of up to 15.9%.
Is this card good for international travel?
No, this card is not ideal for international travel. It has a standard 3.5% forex markup, limited lounge access (domestic only), no international lounge benefits, and no comprehensive travel insurance. Consider a dedicated travel card for overseas spending.

User Reviews

Our Rating

3.0
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on RBL Bank's website

Rating Breakdown

Rewards
4.0/5 Top 34%
Benefits
2.3/5 Top 62%
Fees
2.7/5 Top 70%
Value for Money
2.8/5 Top 84%
User Reviews
3.0/5 Top 50%

Important Links

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