RBL Bank Shoprite Credit Card

Shoprite is one of the basic entry-level credit cards from RBL Bank. It comes with decent rewards on grocery and fuel spending but loses out when it comes to other categories. Here is a detailed review of the RBL Bank Shoprite credit card with its rewards and benefits.

Fees and Charges

Rewards

The reward rate on fuel and grocery spending is decent for the entry-level segment of cards. But, the 1RP/Rs 100 on other spending is a dampener. If you are getting this card, you should look to maximize the rewards that grocery and fuel purchases offer.

Rewards Redemption

The value of each reward point used to be 25 paise a couple of years back. But, they have been devalued quite a bit now. The value now varies based on the redemption option. Here are some of the redemption options:

• Amazon and Flipkart Vouchers: 11p/point
• Myntra Vouchers: 14p/point
• Woodland Vouchers: 25p/point
• Titan Vouchers: 20p/point
• Mobile Recharge: 18p/point

There is a reward redemption fee of Rs 99 plus GST for the ShopRite credit card. So, try to accumulate rewards and then go for redemption.

Key Benefits

• Fuel Surcharge Waiver: 1% waiver for fuel transactions between Rs 500 and Rs 4000. Maximum of Rs 100 waiver per month.
• BookMyShow Offer: 10% discount up to Rs 100 on movie tickets up to 15 times in a year

My View

RBL Bank ShopRite is one of the very basic entry-level credit cards. But, it does not look like a great option today with so many options in this segment.

If you plan to take the RBL Bank ShopRite credit card, here is how you can maximize it.

• We can spend Rs 5000 on groceries and Rs 10000 on fuel every month before hitting the max rewards cap.
• With the annual fee waiver set at Rs 1 Lakh, spend the entire amount only for fuel and groceries. The rewards on other purchases are too low, so better to avoid them.