M16S / RBL Bank / RBL SalarySe UP Credit Card
entry · upi, cobrand, rewards
RBL SalarySe UP Credit Card
The RBL SalarySe UP Credit Card costs Rs 499 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 0.2% (1 point per Rs 100). Accelerated earn: 5X on UPI spends via the SalarySe platform; 10X on incremental UPI spend above Rs 20,000 a month. 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
- 0.2%
- 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 499 |
| Annual spend that waives the fee | Rs 2,00,000 |
| Fee notes | Issuer MITC: no separate joining fee; the first-year annual fee is charged upfront |
Rewards
| Welcome benefit | 2,500 points on a first transaction of Rs 500 in 30 days; 2,000 more for 15 UPI transactions of Rs 500 in 30 days; 1,500 more for Rs 30,000 spend in 3 months |
|---|---|
| Reward currency | Reward Points |
| Base earn | 1 point per Rs 100 |
| Base return | 0.2% |
| Point value | Rs 0.20 per point on the SalarySe app (no fee); RBL portal redemption costs Rs 99 + GST |
| Accelerated earn | 5X on UPI spends via the SalarySe platform; 10X on incremental UPI spend above Rs 20,000 a month |
| Caps | 5X capped at 1,000 points per month; 10X capped at 8,000 points per month |
| Spends that earn nothing | No rewards on fuel & auto, utilities, insurance, quasi-cash, railways, real estate/rent, education, wallets, government services, contracted services, cash, Bills2Pay, EMI conversions |
| Reward notes | base_return_pct = 1 point per Rs 100 x Rs 0.20; 1% at 5X, 2% at 10X. |
Travel and perks
| Forex markup | 3.5% |
|---|
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 | Read on the issuer product page; product T&C PDF linked there was not opened. 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 SalarySe UP Credit Card?
- 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 SalarySe UP Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the RBL SalarySe UP Credit Card?
- No rewards on fuel & auto, utilities, insurance, quasi-cash, railways, real estate/rent, education, wallets, government services, contracted services, cash, Bills2Pay, EMI conversions