RBL Bank QuickPay Credit Card Review 2026: What It Actually Pays, Caps, Fees & FAQs
RBL Bank QuickPay Credit Card charges ₹99. What the caps allow, what RBL publishes and what it does not, fees and FAQs.
At ₹99 a year the QuickPay is the cheapest card in RBL's range — and it earns 1 Reward Point per ₹200, which is 0.13%, the lowest base rate in this entire collection.
RBL Bank QuickPay Credit Card Quick Overview
| **Card type** | Entry-level card |
|---|---|
| **Best for** | Existing holders and low-fee shoppers |
| **Joining / renewal fee** | ₹99 + GST, same on renewal |
| **Network** | Mastercard |
| **Base reward rate** | **0.12%** |
| **Reward currency** | RBL Bank Reward Points, valued at ₹0.25 each |
| **Lounge access** | None published |
| **Forex markup** | 3.5% |
Reward Structure: How You Earn
RBL values a Reward Point at ₹0.25 — its own working figure rather than a published redemption table.
0.13% is the lowest base rate in this dataset. At ₹0.25 a point, 1 point per ₹200 returns ₹1.25 on every ₹1,000 spent.
The welcome benefit caps at ₹50.
RBL rounds down on every transaction. A ₹350 spend at 1 point per ₹100 earns 3 points and the ₹50 is lost — every time, not cumulatively.
RBL stopped paying rewards on a whole category block on 13 November 2023 — Fuel & Auto, Utilities, Insurance, Quasi-Cash, Real Estate and Rental, Education, and Wallets. The same list is excluded from milestone spend.
| Spend | Effective rate |
|---|---|
| Everything else | 0.12% |
| Fuel, rent, wallet loads, government, gaming | **0%** |
Category Restrictions: Where You Won't Earn
- Where you earn nothing: Earns nothing at all: Fuel & Auto, Utilities, Insurance, Quasi-Cash, Real Estate and Rental, Education, and Wallets and Service Providers — RBL's own category list, excluded from earning AND from milestone spend calculation, with effect from 13 November 2023. Railways and Government are excluded on some cards additionally. Base Reward Points are also NOT accrued on EMI conversion of retail transactions, including Split-N-Pay and EMI requests placed at the point of sale.
- Point expiry: Reward Points expire after the validity period RBL prescribes and are forfeited on card closure. Points transferred to a partner programme are governed by that programme's expiry rules, not RBL's.
- Redemption fee: ₹99 per redemption.
Fees and Charges
| Charge | Amount |
|---|---|
| Joining fee | ₹99 + GST |
| Renewal fee | ₹99 + GST |
| Finance charges | Up to 3.99% per month (47.88% per annum) on both revolving credit and cash advances. |
| Interest-free period | Up to 50 days from the date of purchase, only when the previous balance is paid in full. |
| Minimum amount due | 5% of the total amount due, subject to a minimum, plus any EMI, fees, charges and over-limit amount. |
| Cash advance fee | 2.5% of the cash amount, subject to a minimum of ₹500. |
| Cash advance interest | Up to 3.99% per month (47.88% per annum), charged from the date of withdrawal with no interest-free period. |
| Forex markup | Up to 3.5% of the transaction amount. Markup also applies to transactions in Indian rupees at an international location, or at merchants located in India but registered overseas. |
| Dynamic currency conversion | Charged at the same rate as the foreign currency markup — RBL treats dynamic and static conversion transactions identically. |
| Late payment | 12.5% of the outstanding amount, subject to a minimum of ₹5 and a maximum of ₹1,300. |
| Overlimit | Nil. RBL charges no over-limit fee. |
| Payment return | ₹500 for a returned or dishonoured cheque, and ₹500 for an auto-debit reversal where the bank account is out of funds. |
| Rent payment | 1% of the transaction amount on all rental transactions (MCC 6513). |
| Utility payments | 1% of the transaction amount on utility spends above ₹50,000 per month per card (MCC 4900). |
| Education payments | 1% on education payments made through third-party apps — CRED, PhonePe, Cheqedu, Paytm, MobiKwik, NoBroker, Housing.com and others. Payments made through a school or college website or its POS machine carry no fee. |
| Fuel transactions | 1% for each transaction exceeding ₹10,000 on fuel and auto (MCC 0032, 2541, 4001, 5172, 5541, 5542), capped at ₹3,000. |
| Add-on card | ₹0 to ₹5,000 per add-on cardmember, depending on the card variant. |
| Reward redemption | ₹99 plus GST per redemption. Waived on Lumière, Nova, Insignia, Insignia Prime, World Xclusive, Apex, Aspire Banking and Signature Banking. |
| EMI processing | 1.5% of the amount or ₹150, whichever is higher, on all merchant EMI conversions done at the time of the transaction. |
| GST | 18% on all fees, interest and charges. |
Is the RBL Bank QuickPay Credit Card Worth It?
At ₹99 the card cannot really lose money, and that is the entire case for it.
₹50,000 of annual spend returns about ₹63 in points. If you want a cheap card that earns, the free Paisabazaar Duet pays 1% up to ₹500 a month — roughly eight times this, for nothing.
No fee waiver is published, but at ₹99 it hardly matters.
Frequently Asked Questions (FAQs)
What is the QuickPay earn rate? 1 Reward Point per ₹200 — 0.13% at RBL's ₹0.25 working value, the lowest base rate in this collection.
What does it cost? ₹99 a year — the cheapest card in RBL's range.
Is there a better cheap RBL card? The Paisabazaar Duet is free and pays 1% cashback up to ₹500 a month, which is far better value.
Cards Mentioned in This Article
