Bajaj Finserv RBL Bank Platinum Choice First-Year-Free SuperCard
RBL Bank · Closed to new applicants
The First-Year-Free version of the Bajaj Finserv RBL Bank Platinum Choice SuperCard: no joining or first-year fee, ₹499 + GST from the second year, and the same 1 point per ₹100 earn with 2X online as RBL's Platinum Choice. Closed to new cards since 29 Nov 2024.
- Annual fee
- ₹499 + GST a year
- Joining fee
- None
- Fee waiver
- Annual fee waived on ₹50,000 spend per card year
- Base rate
- 1 reward point per ₹100: 1 RBL Reward Points per ₹100 (about 0.25% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
- Replaced by
- RBL Bank Platinum Choice Credit Card
Main earn rates
- 2 reward points per ₹100 on online spends: 2 RBL Reward Points per ₹100 (about 0.5% at cash value)
Earns nothing on
- No reward points on education, insurance, utilities, rent, wallet, fuel
- No reward points on fuel and auto, quasi-cash, real estate, government services, EMI and cash
- No reward points on railways
- No base reward points on EMI conversions
Where the sources disagree
- add-on card fee: Bajaj's FYF page lists the add-on card fee as NIL; RBL's MITC lists ₹200 for RBL's own Platinum Choice and its schedule of charges ₹0 to ₹5,000 (the FYF version is in neither). The Bajaj page is the document for this version.
- spend-linked annual fee waiver: The schedule of charges (RBL-CC-SOC-V2-04-06-2026) lists the fee as ₹499 in both years with no waiver, while the MITC fee table (Aug 2026) and the card page give a waiver at ₹50,000 of annual spend. The waiver is entered (MITC and page are the card-specific documents).
Terms the calculator does not value
- RBL states a range for the reward point (₹0.11 to ₹0.25 by redemption category) and assumes ₹0.25 in its own tables; it does not say which category pays what. Both ends are entered as redemption options, so the card's value swings with the choice.
- Service providers, contracted services and Bills2Pay (RBL's own bill-payment channel) are named as ineligible but match none of our categories alone; they are not modelled except where a category listed in the exclusion rules already covers them.
- The 1,000-point cap on 2X online points is entered as monthly, from Bajaj's page for the paid version; the FYF page and RBL's page do not state its period, so a yearly cap would make the online rule worth less.
- The Bajaj fees page for SuperCards states a merchant EMI processing fee of ₹199 + GST per EMI conversion, against RBL's 1.5% or ₹150 (higher) for its own cards; the SuperCard figure is not modelled.
- RBL's page for the same product says no welcome rewards are given to First Year Free cards; the Bajaj page lists no welcome benefit either, so none is entered.
Sources
- RBL Bank, Platinum Choice Credit Card page (Product page, the bank's own, read 6 Nov 2026)
- RBL Bank, Most Important Terms and Conditions cum Key Fact Statement for Credit Cards (PDF modified 2026-08-20) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- RBL Bank, Schedule of Charges for credit cards, RBL-CC-SOC-V2-04-06-2026 (Schedule of charges, the bank's own, read 6 Nov 2026)
- RBL Bank Rewards terms and conditions (general) (Reward terms, the bank's own, read 6 Nov 2026)
- RBL Bank, Bajaj Finance end co-branded credit card partnership, stop issuance of new cards (PTI, 29 Nov 2024) (News, read 6 Nov 2026)
- Business Standard, RBL Bank and Bajaj Finance end co-branded credit cards partnership (29 Nov 2024) (News, read 6 Nov 2026)
- Bajaj Finserv, RBL Credit Card Fees and Charges (archived copy, 7 Nov 2024; the live address now shows another product) (Partner's page, the bank's own, read 6 Nov 2026)
- Bajaj Finserv, Platinum Choice SuperCard page, the paid version (archived copy, 14 Oct 2024) (Partner's page, the bank's own, read 6 Nov 2026)
- Bajaj Finserv, Platinum Choice First-Year-Free SuperCard page (archived copy, 8 Sep 2024) (Partner's page, the bank's own, read 6 Nov 2026)