Discover the remarkable benefits of the RBL Bank Paisabazaar Duet Card, a credit card that offers a seamless blend of cashback rewards and a line of credit from RBL Bank. With its enticing features and unparalleled convenience, this credit card stands out as a top choice for savvy individuals seeking optimal financial flexibility.
Net Reward Yield and Estimated Monthly Rewards
The RBL Bank Paisabazaar Duet Card ensures attractive rewards for your spending. Let’s take a look at the net reward yield and estimated monthly rewards based on various spending levels:
| Monthly Spend | Net Reward Yield | Est. Monthly Reward (₹) |
|---|---|---|
| ₹5,000 | 0.9% | 45 |
| ₹10,000 | 1.0% | 95 |
| ₹20,000 | 1.0% | 200 |
| ₹50,000 | 1.0% | 495 |
| ₹100,000 | 1.0% | 1,000 |
Please note that these estimates are based on the net reward yield for nearly 400 credit cards in India, considering each monthly spending level. For detailed information on how we calculate the net reward yield, refer to our methodology guide.
Cashback and Rewards
The RBL Bank Paisabazaar Duet Card offers a remarkable cashback program on all online and point-of-sale (POS) transactions, except for fuel purchases, wallet loading, rental transactions, and credit-line/loan transactions. Let’s delve into the enticing features:
Net Reward Yield of 1%
We estimate that this card can earn you a net reward yield of 1% on all your monthly spending. Imagine being rewarded for every purchase you make!
Best Credit Card for Higher Spending
Among RBL Bank’s credit card offerings, the RBL Bank Edition Black Credit Card stands out for its exceptional net reward yield. With spending levels exceeding ₹20,000 per month, this card boasts a net reward yield ranging from 1.1% to 1.6%. It undoubtedly secures its position as the best credit card from RBL Bank for higher spending thresholds.
The Perfect Choice for Food Delivery
Are you an avid food lover who frequently orders from Zomato and Blinkit? The Edition Black Credit Card has you covered! It reigns as one of the best credit cards in India for food delivery, granting you unlimited 10% rewards on all your orders from Zomato and Blinkit.
Annual Fee Waiver
The Edition Black Credit Card has an annual fee of ₹1,499, which can be waived upon reaching an annual spending threshold of ₹4 lakhs. Enjoy the perks of this card without worrying about additional fees.
Best Entry-Level Credit Card
For those seeking an excellent entry-level credit card from RBL Bank, the RBL Bank Monthly Treats Credit Card is the perfect choice. With a net reward yield ranging from 1.3% to 2.7% for monthly spending below ₹20,000, it easily earns its place among the best entry-level credit cards in India.
Rewards Summary
Let’s summarize the rewards associated with the RBL Bank Paisabazaar Duet Card:
- Card Type: Cashback
- Cashback Features: Earn 1% cashback on all online and POS transactions, excluding fuel purchases, wallet loading transactions, rental transactions, and credit-line/loan transactions.
- Milestone Rewards: Nil
- Other Rewards: Nil
- Rewards Redemption Fee: ₹99
- Cashback Caps: Unlimited
- Preferred Redemption Method: Redeem on RBL Rewards Portal at ₹0.25/Reward Point on E-vouchers
Fees and Charges
Take note of the fees and charges associated with the RBL Bank Paisabazaar Duet Card:
- Joining Fee: Nil
- Annual Fee: Nil
- Minimum Annual Credit Card Spend for Fee Waiver: N/A
- Income Criteria:
- Salaried: N/A
- Self-employed: N/A
- Supplementary Card Fee: Free
- Interest Rate: 13-18% p.a.
- Foreign Currency Markup: N/A
- Cash Advance Charge: 2.50% transaction amount (minimum of ₹250)
Duet Credit Card: A Collaboration between Paisabazaar and RBL Bank
Paisabazaar and RBL Bank have joined forces to introduce the Duet Credit Card. This remarkable credit card combines the benefits of cashback rewards and a line of credit from RBL Bank, allowing for instant money transfers into your bank account.
“Duet is a lifetime free credit card from RBL Bank, offering easy-to-understand direct cashback benefits,” stated Paisabazaar, emphasizing the simplicity and attractiveness of this credit card.
Cashback and Line of Credit
Every online and offline purchase made with the Duet Credit Card earns the cardholder a flat 1% cashback. There is no limit to the cashback you can earn; however, cashback is not offered for wallet loading, EMI transactions, fuel purchases, and rent payments made through the card. Furthermore, this card has no joining fee or annual fee, ensuring a hassle-free experience.
Line of Credit Facility
Additionally, the Duet Credit Card provides a line of credit above ₹3,000, extending up to the cardholder’s credit limit. To avail of this loan facility, simply log in to your Paisabazaar account, visit the dashboard, select the Credit Line option, enter the desired amount, choose the bank account, and complete the transaction by authorizing it with the OTP received on your registered mobile number.
Enhanced Credit Card Experience
Utkarsh Saxena, Head of Products – Credit Cards at RBL Bank, expressed excitement about the partnership with Paisabazaar. He stated, “We are excited to expand our credit offerings through this partnership with Paisabazaar. It will enable us to offer an enhanced Credit Card experience to customers combined with a flexible lending product and several value-added propositions.”
Conclusion
The RBL Bank Paisabazaar Duet Card offers a compelling blend of cashback rewards and a line of credit, making it an ideal choice for individuals seeking convenience, financial flexibility, and exceptional benefits. With its attractive rewards program and appealing features, this credit card positions itself as a frontrunner in the competitive market. Explore the limitless possibilities and experience a superior credit card journey with the RBL Bank Paisabazaar Duet Card today!