M16S / RBL Bank / RBL Icon Credit Card
mid · rewards
RBL Icon Credit Card
The RBL Icon Credit Card costs Rs 5,000 a year. Its base return is 0.6% (2 points per Rs 100). Accelerated earn: 20 points per Rs 100 on international purchases and on weekend dining. The forex markup is 3.5%. Lounge visits in India: 2 per quarter. Abroad: Access to 1,400+ lounges, every visit charged up to USD 35. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 5,000+ GST
- Fee waived at
- —
- Base return
- 0.6%
- Forex markup
- 3.5%
- Interest
- 3.99%a month
Apply on rbl.bank.inOpens the bank’s own page.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 5,000 |
| Fee notes | Issuer MITC: no separate joining fee; the first-year annual fee is charged upfront |
Rewards
| Welcome benefit | 20,000 points after use in 30 days and fee payment |
|---|---|
| Reward currency | Reward Points |
| Base earn | 2 points per Rs 100 |
| Base returnunverified | 0.6% |
| Point valueunverified | About Rs 0.30 per point, inferred from the page's '45,000 points = Rs 13,500' and '6% value back' claims |
| Accelerated earn | 20 points per Rs 100 on international purchases and on weekend dining |
| Caps | 2,000 points per month on international; separate 2,000 per month on weekend dining |
| Spends that earn nothing | Railways, real estate/rent and miscellaneous MCCs listed on the page; full list in product T&C |
| Milestone benefits | 10,000 points at Rs 3 lakh annual spend; 15,000 more at Rs 5 lakh; 20,000 more at Rs 8 lakh |
| Reward notes | base_return_pct = 2 points per Rs 100 x Rs 0.30 (inferred value, not stated outright). |
Travel and perks
| Domestic lounge | 2 per quarter |
|---|---|
| International lounge | Access to 1,400+ lounges, every visit charged up to USD 35 |
| Lounge conditions | Domestic needs Rs 35,000 spend in the previous calendar quarter; primary card only |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on Rs 500-4,000 transactions, cap Rs 200/month |
| Other freebies | BookMyShow 1+1 up to Rs 200 twice a month; Mastercard golf rounds and lessons; concierge |
Charges and eligibility
| Interest per month | 3.99% |
|---|---|
| Late payment fee | 12.5% of total amount due, min Rs 5, max Rs 1,300 |
| Cash advance fee | 2.5% min Rs 500 |
| Fine-print notes | 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 Icon Credit Card?
- Rs 5,000 a year, before GST.
- Does the RBL Icon Credit Card give airport lounge access?
- Yes. In India: 2 per quarter. Outside India: Access to 1,400+ lounges, every visit charged up to USD 35. Conditions: Domestic needs Rs 35,000 spend in the previous calendar quarter; primary card only
- What is the forex markup on the RBL Icon Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the RBL Icon Credit Card?
- Railways, real estate/rent and miscellaneous MCCs listed on the page; full list in product T&C