RBL Duet Credit Card Benefits
If you are looking for a credit card that offers you rewards on both online and offline spending, you might want to consider the RBL Paisabazaar Duet Credit Card. This card is a co-branded product of RBL Bank and Paisabazaar, one of India's leading online platforms for financial products. In this blog post, we will review his credit card.
Lifetime Free Credit Card
Interest Rate: 3.99% p.m (47.88% p.a)
Welcome Benefit: None
Special Feature: Paisabazaar Duet credit line for instant money transfer to your bank, and Cashbacks on all your Credit Cards spends.
Features and Benefits:
The RBL Paisabazaar Duet Credit Card has many features and benefits that make it attractive for online and offline shoppers. Some of the main ones are:
Credit card features:
1% cashback on all spends: Earn 1% cashback on all your online and offline transactions, with no category restrictions.
No joining or annual fee: The Duet card is free for life, making it a great option for those who want a no-frills credit card.
Reward points: You can also earn reward points on your spending, which can be redeemed for a variety of rewards, such as statement credits, gift vouchers, and merchandise.
Wide acceptance: The Duet card is accepted at millions of merchants worldwide, so you can use it almost anywhere.
Contactless payments: Make secure and convenient contactless payments with your Duet card.
Credit line features:
Instant access to credit: Transfer funds from your credit limit to your bank account instantly, as needed.
Flexible repayment options: Choose to repay your transferred amount for 12 to 36 months.
No prepayment penalty: You can prepay your outstanding balance at any time without any penalty.
Other benefits:
24/7 customer support: Get help from RBL Bank's customer support team anytime, anywhere.
Online account management: Manage your account and track your spending online or through the RBL Bank mobile app.
Secure transactions: The Duet card is equipped with advanced security features to protect your transactions.
Pros and Cons
The RBL Paisabazaar Duet Credit Card has its pros and cons, like any other credit card. Here are some of them:
Pros:
It offers you rewards on both online and offline spending, which is rare among credit cards in India.
It has a low annual fee, which can be waived off if you meet the spending criteria.
It has a fuel surcharge waiver, which can save you some money on fuel expenses.
It has milestone benefits, which can give you additional rewards for reaching certain spending levels.
It has lounge access, which can make your travel more comfortable.
Cons:
It has a high interest rate of 3.99% per month, which can be costly if you do not pay your bills in full and on time.
It has a high cash advance fee of 2.5% or Rs. 500, whichever is higher, which can be expensive if you withdraw cash using your card.
It has a low credit limit, which can limit your spending capacity.
It has limited redemption options for reward points, which are restricted to vouchers from Paisabazaar's rewards platform.
Application process:
Visit the Paisabazaar website or app.
Enter your mobile number and click on "Get Started".
You will be asked to enter some basic information about yourself, such as your name, date of birth, and email address.
You will then be pre-approved for a certain number of credit cards.
Select the RBL Bank Paisabazaar Duet Credit Card from the list of pre-approved cards.
Fill out the application form and upload the required documents.
Click on "Submit".
Conclusion:
The RBL Paisabazaar Duet Credit Card is a unique product that offers you the benefits of both a credit card and a personal loan. You can use it to make purchases, pay bills, transfer money, and also avail a pre-approved loan at attractive interest rates. The card also comes with features like reward points, cashback, discounts, and complimentary airport lounge access. If you are looking for a flexible and convenient way to manage your finances, the RBL Paisabazaar Duet Credit Card might be the right choice for you. You can apply for it online through Paisabazaar.com and get instant approval and delivery.
RBL Credit Cards:
RBL Bank offers a range of credit cards to suit different needs and preferences of its customers. Whether you are looking for rewards, cashback, travel benefits, or lifestyle privileges, you can find a card that matches your lifestyle and spending habits. Some of the popular RBL Bank credit cards are:
RBL Bank Icon Credit Card: This card gives you 2 reward points for every Rs. 100 spent on domestic transactions and 5 reward points for every Rs. 100 spent on international transactions. You also get complimentary airport lounge access, golf privileges, movie vouchers, and fuel surcharge waiver.
RBL Bank Platinum Maxima Credit Card: This card gives you 2 reward points for every Rs. 100 spent on all transactions and 10 reward points for every Rs. 100 spent on dining, entertainment, utility bills, and fuel. You also get a welcome gift of 8,000 reward points, free movie tickets every month, and annual fee waiver on spending Rs. 2 lakhs or more in a year.
RBL Bank Shoprite Credit Card: This card gives you 5% cashback on grocery shopping at Big Bazaar, Reliance Fresh, and other partner stores. You also get 2.5% cashback on all online transactions and 1% cashback on all other transactions. You also get a welcome gift of Rs. 500 worth of shopping vouchers and an annual fee waiver on spending Rs. 1 lakh or more in a year.
RBL Bank Paisabazaar Duet Credit Card FAQs:
Q: What is the RBL Bank Paisabazaar Duet Credit Card?
A: It's a unique 2-in-1 credit card offering cashback on all spends (online & offline) and functioning as an instant credit line for transferring funds to your bank account.
Q: What are the two variants of the Duet Card?
A: Variants include:
Duet Credit Card: Free for life, no joining or annual fee, offers flat 1% cashback.
Duet Plus Credit Card: Annual fee of ₹1,499 (waived off with spends of ₹4 lakh/year), offers 1% cashback, ₹250 welcome bonus, and higher credit limit.
Q: How does the credit line feature work?
A: Transfer funds from your credit limit to your bank account through the mobile app or website, in amounts ranging from ₹3,000 to your credit limit.
Q: What are the cashback benefits?
A: Both variants offer a flat 1% cashback on all online and offline transactions. There's no limit on cashback earned.
Q: What are the eligibility criteria for the Duet Card?
A: Eligibility Criteria:
Age: 18 years or above
Employment: Salaried or self-employed
Good credit score
Q: What documents are required for applying?
A: Documents Required are as follows:
PAN card
ID proof (Aadhaar card, voter ID, etc.)
Income proof (salary slips, bank statements, etc.)
Address proof
Q: What are the fees associated with the card?
A: Fees and Charges:
Duet Card: No fees
Duet Plus Card: Annual fee of ₹1,499 (waived off with spends of ₹4 lakh/year)
Reward redemption fee of ₹99 + GST on all redemptions (both cards)
Q: How can I apply for the Duet Card?
A: You can apply online through the RBL Bank or Paisabazaar websites.
Q: What is the customer service contact for the Duet Card?
A: You can reach RBL Bank customer care at 1800 267 0202 or Paisabazaar customer care at 1800 891 9876.
Q: Is the Duet Card a good choice for me?
A: Consider the Duet Card if you:
Want a card with cashback on all spends.
Need an instant credit line for emergencies.
Don't mind paying an annual fee for additional benefits (Duet Plus).
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