About RBL Bank DMI Finance Credit Card
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) |
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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
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
RBL Bank DMI Finance Credit Card Highlights
What do we like about this card?
- Joining Fee: ₹499 + taxes
- Earn Up to 2,000 RPs + BookMyShow voucher
- Rewards: 2 RPs/₹100 online, 1 RP/₹100 offline (1 RP = ₹0.25)
- 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)
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.
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
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Frequently Asked Questions
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.
