RBL Bank Credit Card Balance Transfer

RBL Bank’s Transfer ‘n’ Pay facility allows you to combine the outstanding balances from your other credit cards into a single RBL Credit Card account. This service makes it easier to manage your payments and even offers a 0% interest rate on the transferred amount for a limited time. Here’s what you need to know.

Features and Benefits of RBL Bank's 'Transfer n' Pay'

The RBL Bank Transfer n' Pay program offers several advantages for cardholders. Here’s what makes this facility beneficial:

1. Protect Your Credit Score

Paying off outstanding amounts on other credit cards in time through this program helps you avoid the negative impact of missed payments on your credit score.

2. Pre-Approved Facility

This program is pre-approved for select RBL Bank credit cardholders, making it easy to access without additional approvals.

3. Flexible EMI Payments

Convert your balance transfer amount into EMIs with a repayment tenure that suits your budget.

4. Lower Interest Rates

If your current credit card has a high interest rate, this facility allows you to avoid paying those higher rates, helping you save money.

5. Continued Card Usage

Even with an active EMI on your balance transfer, you can still use your RBL Credit Card for new purchases within your available credit limit.

The Transfer n' Pay program provides a smart and convenient way to manage your credit card bills.

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RBL Credit Card Balance Transfer – Processing Fees & Interest Rates

When you opt for an RBL Credit Card Balance Transfer, the processing fee and interest rate depend on the tenure you choose. Here’s a breakdown of the charges:

  • For 3 Months
    • Interest Rate: 0%
    • Processing Fee: 2.99% of the transferred amount (minimum Rs. 750)
  • For 6 Months
    • Interest Rate: 12.42% per annum
    • Processing Fee: Rs. 499
  • For 12 Months
    • Interest Rate: 11.73% per annum
    • Processing Fee: Rs. 499

These options allow you to choose the plan based on your financial situation, with different interest rates and processing fees based on the duration of the balance transfer.

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RBL Credit Card Balance Transfer – Eligibility and Documentation

To apply for an RBL Credit Card Balance Transfer, existing RBL credit cardholders will need to provide the following:

  • Credit Card Numbers: The numbers of the credit cards from which you want to transfer the balance.
  • Bank Name(s): The name(s) of the bank(s) holding the credit cards.
  • Amount to be Transferred: The exact amount you wish to transfer.

If you're applying for an RBL Credit Card to use the balance transfer facility, you must meet the eligibility criteria for the specific card variant you’re interested in. The basic eligibility requirements can be found on RBL Bank's website or by contacting their customer support.

How to Apply for RBL Bank Credit Card Balance Transfer

You can apply for the RBL Bank Credit Card Balance Transfer through any of the following methods:

1. Missed Call

  • Dial 7045906912 from your registered mobile number.
  • Your call will automatically disconnect after 2 rings.
  • A representative will call you back to discuss the balance transfer details.

2. SMS

  • Send the SMS BTEMI to 5607011 to initiate the balance transfer request.

3. Customer Care

  • Contact the RBL Bank Credit Card Customer Care Centre at 022-62327777 to apply for the balance transfer and get assistance.

These options make it easy for you to apply for a balance transfer and manage your credit card dues.

RBL Credit Cards

FAQs

The RBL Bank Transfer 'n' Pay facility allows you to transfer the outstanding balances from other credit cards to a single RBL Credit Card account. This service provides a 0% interest rate on the transferred amount for a limited time and offers flexible EMI payment options.

The benefits include protecting your credit score by avoiding missed payments, pre-approved access for select cardholders, lower interest rates compared to other credit cards, the ability to use your card for new purchases, and flexible EMI options for easier repayments.

The processing fees and interest rates depend on the duration of the balance transfer:

  • For 3 months: 0% interest and 2.99% processing fee (min. Rs. 750)
  • For 6 months: 12.42% annual interest and Rs. 499 processing fee
  • For 12 months: 11.73% annual interest and Rs. 499 processing fee

You can apply for an RBL Bank Credit Card Balance Transfer through several methods:

  • Missed Call: Dial 7045906912 from your registered mobile number.
  • SMS: Send "BTEMI" to 5607011.
  • Customer Care: Contact RBL Bank's Credit Card Customer Care Centre at 022-62327777.

To apply for an RBL Credit Card Balance Transfer existing RBL credit cardholders need to provide details such as credit card numbers, bank names, and the transfer amount. New applicants must meet the eligibility criteria for the specific RBL credit card variant they wish to use for the balance transfer.

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Please click the links below to find details and instructions related to RBL Bank Credit Cards that can help you in easily managing your card:

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