M16SCredit cards, explained without the jargon Sign in

M16S / RBL Bank / Bajaj Finserv RBL Bank SuperCard (co-brand programme)

entry · cobrand

Bajaj Finserv RBL Bank SuperCard (co-brand programme)

The forex markup is 3.5%. Read from an aggregator, not the issuer on 11 Oct 2026.

Annual fee
—
Fee waived at
—
Base return
—
Forex markup
3.5%
Interest
3.99%a month

Fees

Joining feeFree
Fee notesIssuer MITC: no separate joining fee; the first-year annual fee is charged upfront

Rewards

Reward currencyReward Points

Travel and perks

Forex markup3.5%

Charges and eligibility

Interest per month3.99%
Late payment fee12.5% of total amount due, min Rs 5, max Rs 1,300
Cash advance fee2.5% min Rs 500
Fine-print notesProgramme-level record. News headlines (bodies not read) report Bajaj Finance and RBL ended the co-brand tie-up in Dec 2024. The individual variants (Platinum Choice, ShopDaily, Binge, World Prime/Max/Plus etc.) are listed separately with MITC fees. Issuer MITC: reward redemption fee Rs 99 + GST per redemption day; 1% fee on rent, on utility spend above Rs 50,000/month, on fuel transactions above Rs 10,000, on education via third-party apps and on FASTag/toll transactions above Rs 10,000. Offline UPI spends under Rs 2,000 at small merchants earn nothing on RuPay variants.

Questions

What is the forex markup on the Bajaj Finserv RBL Bank SuperCard (co-brand programme)?
3.5% of each foreign-currency transaction, before GST.