The RBL Bank DMI Finance Credit Card, launched jointly by RBL Bank and DMI Finance, is an entry-level card designed for affordability and everyday rewards. With a nominal joining fee of just ₹499 + taxes, it offers impressive value with features like accelerated rewards, no-cost EMI options, and lifestyle benefits.
Cardholders can enjoy up to ₹3,000 worth of vouchers annually, along with savings of ₹2,400 on movie tickets. The card’s rewards program is simple yet rewarding — you earn Reward Points on both online and offline transactions, which can be redeemed for vouchers, hotel stays, flight tickets, and more via the RBL Rewards portal.
On top of rewards, the card also provides welcome benefits, milestone bonuses, entertainment offers, and a fuel surcharge waiver, making it an excellent option for first-time credit card users seeking affordability with decent perks.
RBL Bank DMI Finance Credit Card Rewards Program
Rewards Program
2 Reward Points per ₹100 spent on online purchases
1 Reward Point per ₹100 spent on offline purchases
Earn up to 500 Reward Points every month
1 RP = ₹0.25
Redemption via the RBL Rewards portal for vouchers, products, hotels, and more
Exclusions: No Reward Points on fuel, railways, utilities, insurance, wallet, EMI, education, government services, etc.
Other Features and Benefits
Welcome Benefits
On activating the card and making a valid retail transaction within the first 30 days, along with timely payment of the annual fee, users receive:
2,000 Reward Points
BookMyShow voucher
Benefits are credited within 60 days of meeting eligibility. (One-time offer for new cardholders only)
Milestone Benefits
2,000 bonus Reward Points on spending ₹50,000 every quarter
Amazon voucher worth ₹500 on annual spends of ₹2 Lakhs
Swiggy voucher worth ₹200 on annual spends of ₹3 Lakhs
(Exclusions same as Rewards Program)
Entertainment Perks
Buy 1 Get 1 Free movie ticket (up to ₹200) once a month
Applicable on BookMyShow app/website with a minimum spend of ₹5,000 in a month
Valid only for primary cardholders (not add-on cards)
Fuel Surcharge Waiver
1% waiver on fuel transactions between ₹500 – ₹4,000
Maximum waiver: ₹100 per month
Transactions below ₹499 or above ₹4,001 are not eligible
Fees and Charges
Fee/Charge
Amount/Rate
Joining Fee
Rs. 499
Annual Fee ( second year onwards)
Rs. 499
Finance Charges
Up to 3.99% p.m. (47.88% p.a.)
Late Payment Fee
12.5% of the outstanding amount (Min. Rs. 5 | Max. Rs. 1,300)
Things to Know Before you apply
Get this card if:
You want a low-fee starter card with basic rewards.
You often book movies and want monthly BOGO offers.
You plan to spend regularly to unlock milestone rewards.
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For RBL Bank DMI Finance Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Milestones: 2,000 RPs/quarter on ₹50K spend, Amazon & Swiggy vouchers on annual spends
Entertainment: BOGO movie ticket (up to ₹200) on ₹5K monthly spend
Fuel: 1% surcharge waiver (up to ₹100/month)
Pros
Affordable annual fee with good welcome benefits (2,000 RPs + BookMyShow voucher).
Milestone rewards and vouchers help maximize annual savings.
Entertainment perk with BOGO on movie tickets.
Cons
Reward Points have limited value (₹0.25 per point).
No travel perks or insurance benefits.
Exclusions on several key categories like fuel, utilities, and education.
RBL Bank Credit Card Contact Details
Contact Address: RBL Bank Ltd., One Indiabulls Centre, 16th Floor, Tower 2, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013, Maharashtra, India
Helpline: 022-62327777 or 1800-121-9050 (toll-free)
Simply SMS: Send ICON to 5607011 to get a callback or apply
Frequently Asked Questions
Everything you need to know about this credit card
The joining fee for this card is ₹499 plus applicable taxes, making it an affordable entry-level credit card.
As a welcome benefit, new cardholders can earn up to 2,000 Reward Points along with a complimentary BookMyShow voucher. To be eligible, you need to make your first valid retail transaction and pay the annual membership fee on time.
Each Reward Point earned on the RBL Bank DMI Finance Credit Card is worth ₹0.25. You can redeem these points through the RBL Rewards Portal for merchandise, vouchers, or even statement credits.
Cardholders earn 2 Reward Points for every ₹100 spent on online purchases and 1 Reward Point for every ₹100 spent on offline or in-store purchases. This makes the card especially rewarding for frequent online shoppers.
Yes, the card offers lucrative milestone benefits. You can earn 2,000 bonus Reward Points every quarter by spending ₹50,000. Additionally, you can get an Amazon voucher worth ₹500 on annual spends of ₹2 lakh, and a Swiggy voucher worth ₹200 on spends of ₹3 lakh.
Yes, the card comes with attractive entertainment benefits. You can enjoy a Buy-One-Get-One free movie ticket offer up to ₹200 when you spend ₹5,000 in a month. The offer can be availed through BookMyShow and is valid on the primary card.
Yes, the card offers a 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000, with a maximum benefit of up to ₹100 per month. This helps you save on fuel expenses while using your credit card.
How Can I Apply for a Credit Card Online?
✔Step 1: Enter your mobile number in the application form
✔Step 2: Provide your personal details
✔Step 3: Enter OTP to verify your mobile number
✔Step 4: Select the credit card
✔Step 5: Compare offers and apply for the best-suited credit card
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