Mastercard 📡 Contactless NFC

RBL Bank ICON Credit Card

Joining Fee₹5,000

Annual Fee₹5,000

Forex Markup 3.5%

Application ModeDirect via Bank Website

⚖️ Card Verdict & Target Persona

Who Should Apply

Weekend diners and entertainment enthusiasts looking for 5% reward points on weekend restaurants, domestic + international lounge visits, and BOGO movie tickets.

Who Should Avoid

Users who cannot meet the ₹35,000 quarterly spend threshold for lounge access.

🎁 Key Features & Highlights

🎉

Joining & Activation Welcome Gift

5,000 bonus Reward Points upon payment of joining fee and realization

20 Reward Points per ₹100 on Weekend Dining

Earn 20 Reward Points per ₹100 (5.0% return) on weekend dining, entertainment, and international retail spends (capped at 2,000 points/month).

Domestic & International Airport Lounge Access

2 complimentary domestic airport lounge visits per calendar quarter (on min ₹35,000 spend in preceding quarter) + 2 international visits per year via Priority Pass.

BOGO Movie Tickets via BookMyShow

Buy 1 Get 1 free on BookMyShow movie tickets (up to ₹200 off twice a month, saving ₹400/mo).

💰 Reward Structure & Point Valuation

1 Reward Points = ₹0.25

Standard Base Earning

2 Reward Points per ₹100 spent on weekday retail purchases (0.50% return; 1 RP = ₹0.25)

Accelerated / Partner Rate

20 Reward Points per ₹100 (5.0% return; 1 RP = ₹0.25) on Weekend Dining, Entertainment, and International retail spends (capped at 2,000 points/month); Buy 1 Get 1 free on BookMyShow (up to ₹200 off twice a month)

Points Validity:24 Months

Redemption Fee: ₹99 + GST / cycle

Redemption Modes: RBL Rewards Catalog (Brand Vouchers & Electronics at 1 RP = ₹0.25), Air Mile Transfers (InterMiles / Air India)

🚫 No Reward Points / Cashback on:

Fuel Wallet Loads Government Transactions Rent Payments Utility Spends Cash Advances EMI

🛋️ Airport Lounge Access & Spend Criteria

✓ Lounge Access Active

🛫

Domestic Lounge Visits2 complimentary domestic airport lounge visits per calendar quarter (8 visits/year)

🌐

International Lounge Visits2 complimentary international airport lounge visits per calendar year via Priority Pass

⚠️

Spend Criteria: Requires minimum retail spend of ₹35,000 in the previous calendar quarter

⚡ Spend Milestones & Special Perks

Annual Fee Waiver ₹500,000/yr

Annual renewal fee of ₹5,000 + GST is waived off on spending ₹5,00,000 or more in the previous anniversary year

UPI Payments Support✗ Not Supported

UPI not supported on Mastercard network

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 (Capped at ₹250/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit21 - 60 Years

Min. Monthly Income₹25,000

Min. Credit Score720 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):3.99% per month (47.88% per annum)

Late Payment Penalties:Late payment charges slab-based up to ₹1,300

Official Bank Portal Application

Get the RBL Bank ICON Credit Card

Annual Fee: ₹5,000/yr (Waivable)

Personalized Card Matcher

Still Confused About Your Best Match?

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Frequently Asked Questions

No, RBL Bank ICON Credit Card has a joining fee of ₹5000 and an annual renewal fee of ₹5000 (plus applicable taxes).