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M16S / RBL Bank / RBL Bank Credit Card (erstwhile MoneyTap)

entry · rewards

RBL Bank Credit Card (erstwhile MoneyTap)

RBL Bank · with MoneyTap (former)Last checked 11 Oct 2026closed to new applicants fees only

The RBL Bank Credit Card (erstwhile MoneyTap) costs Rs 499 a year, waived if you spend Rs 2,00,000 in a year. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

Annual fee
Rs 499+ GST
Fee waived at
Rs 2,00,000annual spend
Base return
—
Forex markup
3.5%
Interest
3.99%a month

Fees

Joining feeFree
Annual feeRs 499
Annual spend that waives the feeRs 2,00,000
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%
Other freebiesIssuer listing headline: Rs 1,000 Amazon voucher; 20% Zomato cashback; 2X rewards on online purchases

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 notesOnly the issuer's card listing entry and the MITC fee table were read for this card; product page not fetched (fetch budget ran out). 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 annual fee of the RBL Bank Credit Card (erstwhile MoneyTap)?
Rs 499 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
What is the forex markup on the RBL Bank Credit Card (erstwhile MoneyTap)?
3.5% of each foreign-currency transaction, before GST.