In-depth review
RBL Bank TVS Credit Card
An entry-level TVS co-brand with a low ₹500 fee, a fuel surcharge waiver, a quarterly railway-lounge visit and a buy-one-get-one movie ticket. The rewards themselves are thin — about 0.5% online once you value the points honestly — so treat it as a perk card, not a rewards engine.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹500 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
0.5% on Online Shopping
2 reward points per ₹100 on online spends (~0.5%), capped at 1,000 points/month (~₹50,000 online spend)
0.25% on Other
1 reward point per ₹100 on in-store spends (~0.25%). Fuel, utilities, rent, insurance, wallets & EMI are excluded from earning
Railway Lounge Access
Complimentary: 4 railway lounge visits a year (1 a quarter)
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
Movie Ticket Benefit
Buy-one-get-one movie ticket (up to ₹200 off) on BookMyShow, unlocked by ₹10,000 of spend in a calendar month
Milestone Bonus
~₹500 in bonus rewards on hitting annual spend milestones
🎬 ENTERTAINMENT BENEFITS
Movies, OTT subscriptions and entertainment perks.
- Buy-one-get-one movie ticket (up to ₹200 off) on BookMyShow, unlocked by ₹10,000 of spend in a calendar month
✈️ TRAVEL BENEFITS
Lounge access, miles, forex rates and travel perks at a glance.
3.5%
Forex markup
- Railway lounge access (4 visits/yr, worth ~₹600)
For TVS Credit customers and first-time cardholders who want a low-fee card with a fuel-surcharge waiver and railway-lounge access, and whose online spend fits inside the 1,000-point monthly cap.
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 →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shopping | reward points | 0.5%2 pts/₹100 × ₹0.25 | ₹250 |
| Other | reward points | 0.25%1 pts/₹100 × ₹0.25 | — |
Online Shopping: 2 reward points per ₹100 on online spends (~0.5%), capped at 1,000 points/month (~₹50,000 online spend)
Other: 1 reward point per ₹100 on in-store spends (~0.25%). Fuel, utilities, rent, insurance, wallets & EMI are excluded from earning
Earns nothing on: Fuel · Utility Bills · Insurance · Cash Advances · Rent · Education · Wallet Loads · Government & Tax · EMI Conversions
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.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹590 |
| Joining fee (incl. 18% GST) | ₹590 |
| Finance charge (APR) | 3.99% p.m. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹100 |
| Reward redemption fee | ₹99 |
Perks & benefits
Estimated annual value beyond rewards — ~₹2,900/yr in total.
1% fuel surcharge waiver up to ₹100/month on fuel spends between ₹400 and ₹5,000
2,000 bonus reward points on reaching ₹1.5 lakh of annual spend
Buy-one-get-one movie ticket (up to ₹200 off) on BookMyShow, unlocked by ₹10,000 of spend in a calendar month
1 complimentary Executive Railway lounge visit every calendar quarter (4 a year), with no spend condition
Spend milestone
- ₹1,50,000 a year₹500 of value
Should you get it?
- Best for: TVS Credit customers wanting a low-fee everyday card, First-time cardholders who value the railway-lounge and movie perks
- Entry tier — great for first-time and lower-spend users.
- Strongest value if you spend heavily on Online Shopping (0.5% back).
- Frequent travellers benefit from the included airport lounge access.
Pros & cons
✓ Pros
- Low ₹500 annual fee for the breadth of perks it carries
- 2,000 welcome reward points on first purchase
- Fuel surcharge waiver and a quarterly executive railway-lounge visit
- Buy-one-get-one movie ticket on ₹10,000 monthly spend
✕ Cons
- Base earn is thin — about 0.5% online, 0.25% in-store once points are valued at ₹0.25
- 2X online rate is capped at 1,000 points a month
- Wide exclusion list — fuel, utilities, rent, insurance, wallets and EMI do not earn
- ₹99 + GST reward redemption fee via the RBL rewards portal
- No spend-based fee waiver — RBL publishes none for this card, so the ₹500 recurs every year
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Redeem reward points for vouchers and merchandise via the RBL rewards catalogue (₹99 + GST redemption fee)
- 🎁Adjust points against eligible statement spends where offered
What your RBL Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard redemption
Brand & e-gift vouchers
The reward rate is low once points are valued honestly, the 2X online rate is capped at 1,000 points a month, and a wide exclusion list (fuel, utilities, rent, insurance, wallets) means much everyday spend earns nothing.
Frequently asked questions
What network is the RBL TVS Credit Card on?
How much does the card really earn?
What is the welcome benefit?
Which spends do not earn rewards?
Is the annual fee waived on spending?
What interest rate does the card charge?
How has the RBL Bank TVS Credit Card changed over time?
Has the RBL Bank TVS Credit Card been devalued recently?
When did the RBL Bank TVS Credit Card's fees last change?
How did the RBL Bank TVS Credit Card change in 2024?
The bottom line
A serviceable first card if you value the railway-lounge visit and movie benefit, but the base earn is thin — 0.5% online after you account for the ₹0.25 point value, and everyday categories like fuel and utilities do not earn at all. Treat it as a perk card, not a rewards engine.
How this page was built
Counted from this card’s own record: 2 earn rules, 1 of them capped, the spends listed as earning nothing and 4 recorded perks.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the RBL Bank TVS 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 2023 · last change Jan 2026
2026
- ▼ 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
- ▼ FeeEffective 15 Oct 2024
New 1% fees on high-value fuel, utility & third-party education spends
No category surcharges beyond standard fuel-surcharge rules→1% on fuel >₹10,000, utilities >₹50,000/month, third-party-app education payments
From 15 October 2024 RBL added, across its card portfolio, a 1% fee on any single fuel transaction above ₹10,000 (capped ₹3,000), a 1% fee on utility spends above ₹50,000 in a month, and a 1% fee on education payments made through third-party apps (Cred, PhonePe, Paytm, MobiKwik and similar). These fees apply regardless of the card's reward structure.
Verification: RBL Bank ↗ · Confidence: High
- ▼ RewardEffective 15 Oct 2024
Reward earning & milestone qualification cut on many categories
Wide retail spend earned points and counted toward milestones→Education, government, cash, Bills2Pay, contracted services etc. earn zero; excluded from milestone qualification
Effective 15 October 2024, as part of an RBL portfolio-wide change (RBL cites BookMyShow Play, World Safari, Platinum Maxima and others), base reward points stopped accruing on Education, Government Services, Contracted Services, Cash, Bills2Pay and similar categories, and a long list of categories — fuel & auto, utilities, insurance, quasi-cash, railways, rent, wallet and EMI conversion — no longer counted toward milestone bonus points, narrowing what qualifies for the card's ₹1.5 lakh milestone.
Verification: RBL Bank ↗ · Confidence: High
2023
- ◆ LaunchEffective 2023
TVS Credit RBL Bank Credit Card launched
RBL Bank launched its entry co-branded card with TVS Credit at a ₹500 + GST joining/annual fee, with no spend-based waiver. It earned 2 reward points per ₹100 online (capped 1,000 points/month) and 1 per ₹100 in-store — points worth about ₹0.25 — with fuel, utilities, rent, insurance, wallets and EMI excluded from earning, a 2,000-point welcome bonus, a fuel-surcharge waiver, a BookMyShow buy-one-get-one movie ticket on ₹10,000 monthly spend and one executive railway-lounge visit per quarter.
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-tvs-credit#value-timeline">RBL Bank TVS Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).
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