Elevate your financial game with a credit card built with the customer in mind. Designed to save you money, this unique offering from Bajaj Finserv and RBL Bank comes with a user-friendly application process and basic eligibility requirements.
Credit card usage in India has skyrocketed, with year-on-year spending increasing by 27% in 2023-24. Credit cards have transformed the way we shop, dine, and manage our finances, and as more and more Indians embrace this as their preferred mode of payment, choosing the right card becomes crucial. The Bajaj Finserv RBL Bank Credit Card is a compelling choice. A co-branded credit card from stalwarts in the financial landscape, Bajaj Finserv and RBL Bank, this financial tool is reshaping the credit landscape with its impressive array of benefits and user-friendly features.
What makes a credit card the best choice?
When searching for the perfect credit card, it’s essential to look beyond flashy promotions and dig into the nitty-gritty details. Ask yourself:
- Does this card align with my spending habits?
- Will it offer substantial rewards on my most frequent purchases?
- Are the fees justifiable given the benefits?
The Bajaj Finserv RBL Bank Credit Card shines in all these aspects as one of the top credit cards in India. It offers a robust rewards programme, competitive interest rates, and a host of additional perks that cater to diverse lifestyles. From movie buffs to frequent flyers, this card has something for everyone.
Step-by-step guide to applying for a credit card
Wondering how to apply for credit cards? Navigating the credit card application process can seem daunting, especially for a first-time applicant. However, applying for the Bajaj Finserv RBL Bank Credit Card is simple and straightforward:
- Download the Bajaj Finserv App or visit the official Bajaj Finserv website.
- Enter your registered mobile number.
- You will receive an OTP (one-time password) on your phone. Use it to complete the authentication process.
- Check if there are any special offers available to you.
- If there is an offer, use it.
- Wait for a call from a Bajaj Finserv representative who will assist you with the remainder of the process.
The entire application process is digital, eliminating the need for physical document submission. All you will require is your PAN and Aadhaar card numbers to complete the application.
Features and benefits of Bajaj Finserv RBL Bank Credit Cards
Not just another piece of plastic, the Bajaj Finserv RBL Bank Credit Card is more of a financial Swiss Army knife. Its impressive features are designed to elevate your financial management and optimise your spending.
- Earn redeemable reward points on almost every swipe, with accelerated reward points for online transactions and select spending categories.
- Begin your rewards journey strong with a welcome bonus of up to 4,000 points.
- Make your daily commutes pocket-friendly with a fuel surcharge waiver of up to Rs. 1,200 a year.
- If you’re a frequent traveller, you can now travel in style and comfort with complimentary airport lounge access.
- Convert your purchases, bills, and outstanding balances above Rs. 2,500 into manageable EMIs so they fit better within your monthly budget.
- Be prepared for emergencies with an up to 50-day interest-free period on ATM cash withdrawals.
- Snag monthly discounts and ‘buy 1, get 1’ offers on movie tickets booked on BookMyShow.
- Meet the minimum spending threshold of your card variant and have your annual fee waived, making your card ownership all the more economical.
These features translate to potential annual savings of up to Rs. 55,000, which can significantly boost your financial health.
Are you eligible for a Bajaj Finserv RBL Bank Credit Card?
Before you apply, ensure you tick these boxes:
- Age: Between 21 and 70 years
- Nationality: Indian
- Income: Must meet the specified criteria set by RBL Bank
- Credit score: Must meet the specified criteria set by RBL Bank
If you meet these requirements, you’re well on your way to enjoying the benefits of one of the top credit cards in India.
Activating your Bajaj Finserv RBL Bank Credit Card
Once your shiny new card arrives, activation is the next step. There are three simple methods from which you can choose:
- Call the customer care number on the back of your card
- Download the RBL MyCard app from Google PlayStore or Apple’s App Store
- Use the official RBL Bank website
Activating your card promptly ensures you can start reaping the card’s benefits without delay.
Tips to manage your credit card use responsibly
Owning a credit card is a financial responsibility that should be taken seriously. Here are some actionable tips that you should put into practice to make the most of your Bajaj Finserv RBL Bank Credit Card while simultaneously improving your creditworthiness:
- Pay your bills in full and on time to avoid interest charges and maintain a good credit score.
- Limit the use of your credit card for essential and planned purchases to avoid accumulating debt.
- Utilise the EMI conversion feature for large purchases to manage your cash flow.
- Familiarise yourself with your credit card’s terms and conditions concerning fees, interest rates, and rewards.
- Keep track of your reward points and redeem them strategically.
- Use the fuel surcharge waiver to maximise savings on travel expenses.
- Take advantage of the airport lounge access for a more comfortable travel experience.
- Stay within 30% of your credit limit to maintain a healthy credit utilisation ratio.
- Only use your card on secured sites and with reputable merchants to avoid fraud and unauthorised charges.
- Review your credit card statement regularly to catch any errors or discrepancies and safeguard it from unauthorised use.
By following these guidelines, you’ll not only maximise the card’s benefits but also build a strong financial foundation.
Its blend of rewards, savings opportunities, and lifestyle advantages make the Bajaj Finserv RBL Bank Credit Card a versatile financial tool for the modern Indian consumer. So, why wait? Apply for your Bajaj Finserv RBL Bank Credit Card today to unlock smarter spending and greater rewards.
