Everything You Need to Know About RBL Credit Cards

Not so long ago, one had to save up money for months or years because the funds to make an expensive purchase were not always available. Fast-forward to today and you don't have to wait for long to be able to afford things, say a newly launched smartphone that you are willing to purchase. With a credit card, you can easily finance your purchases for big-ticket items such as a television, an air conditioner, a washing machine, etc. Banks or financial institutions issue credit cards, which are convenient financial products that allow cardholders to pay for goods and services almost universally.

Based on the latest Reserve Bank of India (RBI) report, there are over 58 million credit card users in India. This data indicates that millions of individuals prefer credit cards as a mode of payment. Credit cards offer a line of credit, which is the maximum amount of funds available to make purchases, along with several additional benefits. RBL’s wide range of credit cards has become quite popular among people and are specially designed to meet an individual’s financial needs.

For instance, RBL credit cards observed a 20% surge in applications between August 2019 and August 2020. With the Bajaj Finserv RBL Bank SuperCard, you get the power of four RBL bank cards in one. It is an all-in-one credit card, cash card, loan card, and an EMI card. The RBL credit card can get you access to a long list of offers that include deals on flight bookings as well as complimentary lounge access. Additionally, you can redeem your reward points to enjoy discounts, avail of gift vouchers, etc.

To avail of a credit card, you first need to make sure you fulfill the basic eligibility criteria.

RBL Credit Card Eligibility Criteria

• The credit card application must have a credit score of 750 with no history of payment defaults on any credit card payments.

• The applicant must be above 25 years of age but under 65 years to qualify for a credit card.

• The residential address of the applicant must be in the list of locations where the credit card is being offered.

Documents Required for RBL Credit Card

• Documents for identity proof such as passport, driving license, PAN card, Aadhaar card, etc.

• Documents for address proof such as PAN card, Aadhaar card, passport, electricity bill, etc.

• Passport size photograph

How to Apply for an RBL Bank Credit Card?

One of the major reasons behind the popularity of these RBL Bank credit cards is their simple application process. Mentioned below are the steps to apply for a Bajaj Finserv RBL Bank SuperCard online.

Step 1: Visit the Finserv MARKETS website or download the app.

Step 2: Log in to the portal and start filling in details like your contact information, professional details, PAN card number, etc.

Step 3: Now, customize your card as per your preferences. Just select the benefits from various categories and select the card that meets your requirements.

Step 4: Submit your credit card application and it will be reviewed by a team of experts.

Step 5: Once your Bajaj Finserv RBL Bank SuperCard application is approved, you will be notified of the same.

Credit cards are a great way to meet sudden expenses or make big-ticket purchases when you don’t have the funds. All you must do is use it wisely and make the repayments on time to avoid leaving a negative mark on your credit score.

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