In today's financial world, credit cards are more than just a way to borrow money; they are tools to help manage expenses and earn valuable rewards. One standout option is the Cookies Credit Card from RBL Bank. This card offers a range of attractive benefits, but it also comes with some drawbacks that potential users should consider. Let’s take a closer look at the various welcome and milestone benefits, along with entertainment and dining perks, as well as the fees and issues that could affect your experience.
Welcome Benefits
The welcome benefits of the Cookies Credit Card are some of the most enticing aspects for new account holders. Upon activation, cardholders get a gift voucher worth Rs. 1,000. Users can choose from Amazon, Flipkart, Myntra, Croma & Shoppers Stop.
This initial bonus not only adds immediate value to the card but also encourages users to explore and engage with these popular retail platforms, making the Cookies Credit Card a practical and rewarding financial tool for savvy shoppers.
Milestone Benefits
The milestone benefits of the Cookies Credit Card are crafted to reward customers for their loyalty and responsible spending habits. Users who spend INR 2,00,000 in a membership year will be awarded an INR 1000 worth voucher and on spending INR 5,00,000, a voucher worth INR 5,000 will be awarded.
These rewards encourage users to make smarter purchasing decisions and truly maximize their card offerings throughout the year.
Movie Benefits
For moviegoers, the Cookies Credit Card delivers fantastic benefits. Cardholders will get 10% off at BookMyShow for up to Rs. 300 per month. Users can avail this offer once a month. These movie benefits turn an ordinary outing into a more affordable experience.
Dining/Shopping/Travel Benefits
Dining benefits are an essential feature of the Cookies Credit Card. Many similar cards offer cashback or rewards points for meals at participating restaurants. Cardholders will get 10% cashback at Myntra, Uber & Zomato, for up to Rs. 900 per calendar month withRs. 300 each per month for each brand
Cons of the Cookies Credit Card
No Airport Lounge Access: Unlike many travel-focused credit cards, the Cookies Credit Card does not offer complimentary airport lounge access, limiting its appeal for frequent travellers.
Low Effective Cashback Rates: While it offers 10% cashback on dining (Zomato) and shopping (Myntra/Uber), these rewards are capped at ₹300/month per category (max ₹900/month total). For non-category spends, there are no rewards, making the overall cashback potential modest compared to competitors.
High Foreign Transaction Fees: With a 3.5% forex markup (standard for RBL cards), it’s an expensive option for international purchases, unlike specialized travel cards with lower fees.
Modest Milestone Rewards: Spending ₹2 lakh/year earns only a ₹1,000 voucher (0.5% return), and ₹5 lakh/year yields a ₹5,000 voucher (1% return)—rates that lag behind cards with more lucrative milestone structures.
Fees and Charges
Understanding the associated fees and charges is essential for anyone considering the Cookies Credit Card.
Membership Fee (1st month): 100 monthly
Membership Fee( 2nd year onwards) : INR 100 (waived off on monthly spends of INR 5,000 or more in the previous month)
Foreign currency markup: 3.50%.
Cash advance fee: 2.5% or INR 500, whichever is higher.
Late payment charges: INR 100 to 1300.
Reward redemption fee: INR 99 per redemption request.
Interest rate: 3.99% monthly, 47.88% annually.
Final Thoughts
The RBL Bank Cookies Credit Card is ideal for budget-conscious users who frequently spend on Zomato, Myntra, or Uber and value its low monthly membership fee of INR 100. The 10% cashback on select categories and movie discounts add tangible savings for casual shoppers and diners. However, its lack of lounge access, high forex fees, and low milestone returns limit its appeal for travellers or high spenders. While the card delivers decent value for targeted expenses, it falls short as an all-rounder. If your spending aligns with its reward categories and you avoid interest charges, it’s a practical choice—but explore alternatives if you prioritize travel perks, higher rewards, or flexibility.
If you want to read a more detailed review of this card and find out its AI-powered unbiased rating, click here.
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