Reward points are similar to incentives provided by financial institutions so that customers use credit cards to make purchases and transactions on credit. It is an effective way to entice customers as the benefits are both sided. More use of credit card results in more reward points.
Additionally, you should know how to use RBL credit card reward points once you have earned them. One of the most common ways is that you can redeem those points to obtain gift vouchers, discounts, travel miles and many more. That is why selecting a credit card that has the most benefits associated with it is important in the first place.
About RBL credit card and its reward points
The RBL credit card reward point system is a loyalty program respective to the Bajaj Finserv RBL Bank SuperCard range. Points are earned on pre-specified transactions and purchases made through any of the credit cards within the range.
The reward points are offered on a wide gamut of consumer products as well as travel ticket bookings for airline, train or buses as well as fuel purchases. You can redeem the points in cash to other than numerous cashbacks, vouchers and discounts on offer.
The key is to utilise the benefits of the credit card fruitfully. You can do this only if you a comprehensive understanding of your requirements and spending habits along with the offers on the card.
How to earn reward points
Before you know how to use RBL credit card reward points, you must be aware of earning them. In this regard, you are likely to earn reward points whenever you make a purchase at select outlets or make specific transactions via the card.
You only need to swipe your card in the POS at the outlet. Earn reward points for simple tasks like a fuel purchase at partnered fuel stations.
You become eligible for the rewards program right at the first swipe of the credit card. As soon as you pay through your card, the credit points get credited to your card.
Alternately, you can avail the Bajaj Finserv RBL Bank Super card which is not just a simple credit card, a collection of several features compiled into one credit card. From easy EMI options to a minimum flat processing fee on ATM withdrawals, it combines the power of as many as 4 cards into one.
How to redeem RBL credit card reward points
The RBL credit card by Bajaj Finserv facilitates the redemption of reward points in many aspects. You can avail discounts, gift cards and many more.
The following steps are to be followed to redeem reward points using Bajaj Finserv credit card –
- The first step towards this would be to set up an account with the RBL rewards website by providing your basic details such as name and contact number.
- You have to provide a username and set up a password for further operations. Finally, your account is ready.
- You will be required to sign in to the account again by entering your user name and password.
- Select the category for which you want to redeem reward points. You will have options like recharge, travel, gifts, shopping and many more.
- After you have made the selection, click on ‘Reward points’ and set the number of points you would like to redeem.
- Immediately you will receive a password on your registered mobile number. You will have to enter this OTP to complete the redemption procedure.
It is vital to know how to use RBL credit card reward points too. Once you have redeemed them, you can use your credit card reward points at various outlets as mentioned earlier. You can even redeem your reward points as liquid cash.
Bajaj Finserv also provides pre-approved offers on their credit cards which makes the process of application easier and quicker to complete. These offers are also valid on other financial products such as personal loans, business loans, home loans, etc. Check your pre-approved offer by providing just a few basic details.
Make sure you have a credit score around or above 750 to avail this feature-rich credit card. Refer to their online website for more information and to apply for the card easily. Keep soft copies of basic documents such as your Aadhaar, PAN, Voter ID, etc. handy for easy application and verification.