M16SCredit cards, explained without the jargon Sign in

M16S / RBL Bank / RBL BankBazaar SaveMax Credit Card

entry · cobrand, rewards, lifetime-free

RBL BankBazaar SaveMax Credit Card

The RBL BankBazaar SaveMax Credit Card charges no annual fee and no joining fee. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

Annual fee
Free
Fee waived at
—
Base return
—
Forex markup
3.5%
Interest
3.99%a month
Apply on rbl.bank.inOpens the bank’s own page.

Fees

Joining feeFree
Annual 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%
Other freebiesIssuer listing headline: 10% instant BookMyShow discount; 10% Zomato cashback; 5X points on groceries

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 BankBazaar SaveMax Credit Card?
No annual fee.
What is the forex markup on the RBL BankBazaar SaveMax Credit Card?
3.5% of each foreign-currency transaction, before GST.