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Card DetailRBL · MASTERCARD · Mid tier

RBL Bank Icon Credit Card

The RBL Icon is a dining-and-international card with a respectable benefit sheet — 20 reward points per ₹100 (5% at ₹0.25/point) on weekend dining and overseas spend, 2 RP per ₹100 elsewhere, BOGO movie tickets twice a month, 12 golf lessons, a 20,000-point welcome bonus and milestones to 45,000 points (10,000 at ₹3L, +15,000 at ₹5L, +20,000 at ₹8L). Lounge access is 2 visits a quarter on ₹35,000 of prior-quarter spend. The trouble it cannot escape is internal: at a ₹5,000 fee, RBL's own Platinum Maxima Plus serves a similar audience for less, and the Icon rarely does enough extra to justify being the pick — a fine card that is usually the wrong answer within RBL's own range.

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RBL BankMID
RBL Bank Icon Credit Card
RBL Bank
RBL Bank Icon Credit Card

Illustration by CardAdvisor — not a depiction of the issued card. Independent; not affiliated with RBL Bank.

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4
out of 5
Mid tier
Icon is a capable dining-and-international card — 5% on weekend dining and overseas spend, golf, BOGO movies and milestones to 45,000 points — but it lives in its sibling's shadow: RBL's Platinum Maxima Plus covers a similar audience for a lower fee. Take the Icon only if its specific mix (golf + overseas 5X) genuinely fits.
Annual fee₹5,900 incl. GST
Top rate~0.5%–5%
Best forWeekend diners and international spenders
~₹5,000
Welcome benefit
3.5%
Forex markup
~₹25,250
Total perk value / yr

In-depth review

RBL Bank Icon Credit Card

A dining-and-international card with a respectable benefit sheet — 20X on weekend dining and overseas spend, BOGO movie tickets, a chunky welcome bonus, and milestones to 45,000 points. The trouble it can't escape is internal: RBL's own Platinum Maxima Plus serves a similar audience for a lower fee, and the Icon rarely does enough extra to justify being the pick. A fine card that's usually the wrong answer within RBL's own range.

Read the full review →

Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹5,000 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days

⭐

20 points/₹100 on Dining (~5% value)

20 reward points per ₹100 on weekend dining only (~5% at ₹0.25/pt); capped 2,000 pts/month for this category (separate from the international cap). General dining earns the 0.5% base.

⭐

5% on International

20 reward points per ₹100 on international spends (~5% at ₹0.25/point); capped 2,000 pts/month for this category (separate from the weekend-dining cap)

✈️

Airport Lounge Access

8 domestic airport lounge visits a year (2 per quarter), unlocked by ₹35,000 of eligible retail spend in the previous calendar quarter, plus access to 1,400+ international lounges (chargeable up to $35 per visit)

⛳

Golf Privileges

4 complimentary golf rounds a year plus one golf lesson a month (12 a year), with a 50% discount on green fees beyond the free rounds — Mastercard variant only

⛽

Fuel Surcharge Waiver

1% waiver on fuel transactions, capped at ₹200/month

🎬

Movie Ticket Benefit

Buy-one-get-one-free movie tickets on BookMyShow, up to ₹200, twice a month

🎯

Milestone Bonus

~₹2,500 in bonus rewards on hitting annual spend milestones

✈️ TRAVEL BENEFITS

Lounge access, miles, forex rates and travel perks at a glance.

AIRPORT LOUNGE ACCESS

8 visits/yr

Domestic lounges

✓

International lounges

₹4,000

Estimated annual value

3.5%

Forex markup

  • Domestic + international airport lounge access (8 domestic visits/yr, worth ~₹4,000)

🎬 ENTERTAINMENT BENEFITS

Movies, OTT subscriptions and entertainment perks.

  • Buy-one-get-one-free movie tickets on BookMyShow, up to ₹200, twice a month

🍽️ FOOD & DINING BENEFITS

Dining rewards, food delivery cashback and partner benefits.

5.0%

Dining cashback rate

PARTNER PLATFORMS

Weekend dining
  • 5.0% return on restaurant and dining spends
  • Accelerated earn on: Weekend dining
Who is this for?

For RBL diners and international spenders who will use the weekend-dining/overseas 5X, golf and milestones. Most will be better served by the lower-fee RBL Platinum Maxima Plus.

Full reward structure

What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.25. How we value points →

CategoryTypeRateMonthly cap
Diningonly at Weekend diningreward points5%20 pts/₹100 × ₹0.25₹500
Internationalreward points5%20 pts/₹100 × ₹0.25₹500
Otherreward points0.5%2 pts/₹100 × ₹0.25—

Dining: 20 reward points per ₹100 on weekend dining only (~5% at ₹0.25/pt); capped 2,000 pts/month for this category (separate from the international cap). General dining earns the 0.5% base. · Weekend dining

International: 20 reward points per ₹100 on international spends (~5% at ₹0.25/point); capped 2,000 pts/month for this category (separate from the weekend-dining cap)

Other: 2 reward points per ₹100 base (~0.5%); welcome 20,000 pts, milestones to 45,000 pts/year

Earns nothing on: Rent · Railways · Miscellaneous payments

These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.

Fees & charges

The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.

Real annual cost: ₹5,000 + 18% GST = ₹5,900 all-in. Joining fee ₹5,000 + 18% GST = ₹5,900 all-in. Issuers quote fees before tax — the all-in figure is what you actually pay.
ChargeAmount
Annual fee (incl. 18% GST)₹5,900
Joining fee (incl. 18% GST)₹5,900
Finance charge (APR)3.99% p.m.
Forex markup3.5%
Fuel surcharge waiver1%, cap ₹200
Reward redemption fee₹99

Perks & benefits

Estimated annual value beyond rewards — ~₹25,250/yr in total.

✈️
lounge access~₹4,000/yr

8 domestic airport lounge visits a year (2 per quarter), unlocked by ₹35,000 of eligible retail spend in the previous calendar quarter, plus access to 1,400+ international lounges (chargeable up to $35 per visit)

DomesticInternational2/quarter
🎯
milestone bonus~₹2,500/yr

10,000 bonus reward points when eligible annual spend reaches ₹3 lakh

Domestic
🎯
milestone bonus~₹3,750/yr

A further 15,000 bonus reward points when eligible annual spend reaches ₹5 lakh (25,000 points so far)

Domestic
🎯
milestone bonus~₹5,000/yr

A further 20,000 bonus reward points when eligible annual spend reaches ₹8 lakh, taking the milestone haul to 45,000 points (the 20,000-point welcome benefit is separate)

Domestic
🎬
movie ticket~₹4,800/yr

Buy-one-get-one-free movie tickets on BookMyShow, up to ₹200, twice a month

Domestic
⛳
golf~₹4,000/yr

4 complimentary golf rounds a year plus one golf lesson a month (12 a year), with a 50% discount on green fees beyond the free rounds — Mastercard variant only

Domestic
⛽
fuel waiver~₹1,200/yr

1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000, capped at ₹200 a month

Domestic

Milestone ladder

  • ₹3,00,000 a year₹2,500 of value
  • ₹5,00,000 a year₹3,750 of value
  • ₹8,00,000 a year₹5,000 of value

Should you get it?

  • Best for: Weekend diners and international spenders, RBL customers who want lifestyle perks at a mid-premium fee
  • Mid tier — a solid all-rounder for steady monthly spend.
  • Strongest value if you spend heavily on International (5% back).
  • Frequent travellers benefit from the included airport lounge access.

Pros & cons

✓ Pros

  • 20 reward points per ₹100 (5%) on weekend dining and international spends
  • 20,000-point welcome benefit (₹5,000) covers most of the ₹5,900 all-in joining fee
  • Milestones of 10,000 points at ₹3 lakh, 15,000 more at ₹5 lakh and 20,000 more at ₹8 lakh
  • Lounge access, golf lessons and 2 movie BOGO offers a month
  • 1% fuel surcharge waiver on ₹500–₹4,000 transactions, capped at ₹200 a month
  • Fine-dining privileges at premium restaurants

✕ Cons

  • Only 2 points per ₹100 on regular weekday spends
  • International lounge visits are chargeable beyond domestic
  • Best value needs weekend-dining and high-spend behaviour
  • Rent, railway bookings and miscellaneous payments earn no reward points
  • A ₹99 + GST reward redemption fee applies each day you redeem points

Eligibility & documents

EmploymentSalaried · Self-employed

Documents required

  • 📄PAN card
  • 📄Aadhaar / address proof
  • 📄Income proof (salary slips or ITR)

How to redeem rewards

Ways to convert what you earn into real value.

  • 🎁Redeem reward points for vouchers and products via the RBL rewards catalogue
  • 🎁Statement credit on eligible spends
  • 🎁A ₹99 + GST redemption fee is charged once for all redemptions made on the same day

What your RBL Reward Points are worth

Realistic value per point by redemption route — the difference is what most people leave on the table.

Statement creditBEST

Standard redemption

₹0.25/pt
Gift voucher catalogueBEST

Brand & e-gift vouchers

₹0.25/pt
Compare what every reward currency is worth →
The concern

Its own cheaper sibling (Platinum Maxima Plus) outcompetes it for most diners, and at a ₹5,000 fee the use case where Icon wins is narrow; RBL's service/offer depth also trails the big banks.

Frequently asked questions

Which spends earn nothing on this card?
Rent, railway bookings and miscellaneous payments are excluded from earning. Unlike several RBL siblings, fuel, utilities, insurance and wallet loads are not on this card's exclusion list. In effective-return terms this card's best everyday earn is 5% on international (rewards capped at ₹500 a month in that category), against 0.5% on other spends — percentages here are the real return after converting points at their card-specific value, not the headline points-per-₹100. Figures as of October 2026.
What does RBL Icon earn?
2 reward points per ₹100 on regular spends and 20 per ₹100 (5%) on weekend dining and international spends.
What is the joining fee?
₹5,000, which comes with a 20,000-point welcome benefit worth about ₹5,000.
What are the movie benefits?
Buy-one-get-one-free movie tickets on BookMyShow up to ₹200, twice a month.
How has the RBL Bank Icon Credit Card changed over time?
Our dated Value Timeline for the RBL Bank Icon Credit Card (on this page) records 5 changes since 2016: 4 devaluations, 0 improvements, and the rest neutral changes such as launches or restructures. The most recent entry: New 1% fee on large FASTag top-ups and toll payments (7 January 2026). Each event carries its source, so any figure here can be checked against the issuer's own documents.
Has the RBL Bank Icon Credit Card been devalued recently?
Yes — our record shows 1 devaluation to the RBL Bank Icon Credit Card in the last 24 months. The most recent: New 1% fee on large FASTag top-ups and toll payments, effective 7 January 2026 — from No FASTag or toll transaction fee to 1% fee on any FASTag-loading or toll-payment transaction above ₹10,000. The full dated list, with what changed and its source, is in the Value Timeline on this page.
When did the RBL Bank Icon Credit Card's fees last change?
7 January 2026: New 1% fee on large FASTag top-ups and toll payments — from No FASTag or toll transaction fee to 1% fee on any FASTag-loading or toll-payment transaction above ₹10,000. The current fee schedule is in the fees table on this page; the Value Timeline lists every earlier fee change we have on record.
How did the RBL Bank Icon Credit Card change in 2024?
Our record shows 2 changes to the RBL Bank Icon Credit Card in 2024 (2 cuts): New 1% fee on large fuel & auto transactions (15 October 2024); Milestone & reward points excluded on many categories (15 October 2024). The biggest single change: before 15 October 2024 it was Most spends counted for milestones/points; from then on, Key categories excluded from milestones & points. Every event, dated and sourced, is in the Value Timeline on this page.

The bottom line

Icon is a capable dining-and-international card — 5% on weekend dining and overseas spend, golf, BOGO movies and milestones to 45,000 points — but it lives in its sibling's shadow: RBL's Platinum Maxima Plus covers a similar audience for a lower fee. Take the Icon only if its specific mix (golf + overseas 5X) genuinely fits.

How this page was built

Counted from this card’s own record: 3 earn rules, 2 of them capped, 1 paid only at named merchants, the spends listed as earning nothing and 7 recorded perks.

Last updated 11 Oct 2026.

Sources & verification

Fees, reward rates, and benefits for the RBL Bank Icon Credit Card are taken from RBL Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for RBL Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

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Value timeline

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2016 · last change Jan 2026

▲ Revaluation▼ Devaluation◆ Neutral / reversed

2026

  1. ▼ FeeObserved Jan 2026 · Effective 7 Jan 2026

    New 1% fee on large FASTag top-ups and toll payments

    No FASTag or toll transaction fee→1% fee on any FASTag-loading or toll-payment transaction above ₹10,000

    From 7 January 2026 RBL Bank charges a 1% fee on any single FASTag-loading or toll-payment transaction above ₹10,000, measured per transaction per card, across merchant category codes 4784, 4111 and 4131. Because the threshold is per transaction rather than a monthly aggregate, it bites on one-off large FASTag top-ups rather than on regular commuting; splitting a top-up below ₹10,000 avoids it. The fee sits alongside RBL's existing 1% charges on rent, on utility spends above ₹50,000 a month, on fuel transactions above ₹10,000, and on education payments routed through third-party apps. It is a fee on the transaction, not a change to reward earning — these categories already earn no reward points on most RBL cards.

    Verification: RBL Bank ↗ · Confidence: High

2024

  1. ▼ RewardEffective 15 Oct 2024

    Milestone & reward points excluded on many categories

    Most spends counted for milestones/points→Key categories excluded from milestones & points

    Effective 15 Oct 2024 RBL narrowed earning on the Icon: bonus milestone points no longer accrue on Fuel & Auto, Utilities, Insurance, Education, Quasi-Cash and similar categories, and no reward points at all on Education, Government Services, Contracted Services, Cash and Bills2Pay. Framed as curbing commercial use, it shrinks the spend base that reaches the ₹3–8 lakh milestones.

    Verification: CardAdvisor Research · Confidence: High

  2. ▼ FeeEffective 15 Oct 2024

    New 1% fee on large fuel & auto transactions

    No transaction fee on fuel/auto→1% on each fuel/auto txn over ₹10,000

    From 15 Oct 2024 RBL added a 1% fee on every fuel and auto transaction exceeding ₹10,000, capped at ₹3,000 per transaction, alongside new fees on high-value utility (over ₹50,000/month) and third-party education payments. This is separate from the standard 1% fuel-surcharge waiver on ₹500–4,000 fuel spends, which continues.

    Verification: RBL Bank ↗ · Confidence: High

2020

  1. ▼ RedemptionEffective 2020

    RBL reward-point value cut on voucher redemptions

    ~25 paise/point→as low as 16–18 paise on vouchers

    Around April 2020 RBL quietly devalued its reward-points programme, dropping voucher redemption rates from ~25 paise to as low as 16 paise (Big Bazaar) and 18 paise (Amazon/Flipkart) — a 10–36% haircut that hit Icon holders since the card earns standard RBL reward points. What travel redemptions held through the same change is not established. RBL gave no advance notice.

    Verification: CardAdvisor Research · Confidence: Reconstructed

2016

  1. ◆ LaunchEffective 2016

    RBL Icon launched as dining & international card

    RBL Bank introduced the Icon as a premium dining-and-international card: 20 reward points per ₹100 on international spends and weekend dining (2 RP/₹100 base), a 20,000-point welcome benefit, milestones to 45,000 points (10k at ₹3L, +15k at ₹5L, +20k at ₹8L), 2 domestic lounge visits/quarter, Priority Pass and BOGO BookMyShow tickets. Joining/annual fee ₹5,000 + tax. Exact launch date undocumented — it was already in market and reviewed by early 2017.

    Verification: CardAdvisor Research · Confidence: Reconstructed

Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.

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Source: <a href="https://cardadvisor.in/cards/rbl-icon#value-timeline">RBL Bank Icon Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).

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