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RBL Bank

IndianOil RBL Bank XTRA Credit Card

RuPayMidPoints
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Annual Fee

₹1,500

Reward Type

Points

Forex

3.5%

Lounge

0 dom · 0 intl

Full Spec Sheet

Normalized · Verified

Fees

Joining Fee₹1,500
Annual Fee₹1,500(waived ≥ ₹2,90,000)
Min Monthly Income₹40,000

Rewards

Reward TypePoints
Base Rate0.5%
Point Value₹0.5/point

Category Multipliers

fuel7.5%

Redemption Values

fuel vouchers0.5/pt

Travel & Global

Forex Markup3.5%
Domestic LoungeNone
Intl. LoungeNone

India-Specific

Fuel Surcharge✓ 1% waiver
RuPay UPI✓ UPI cashback

💡 Fee Waiver Strategy

Spend ₹2.9L in a year to waive the renewal fee.

⚖️ Breakeven Analysis

To recover the ₹1,500 annual fee at the base reward rate of 0.5%, you need to spend 3,00,000 annually.

🎯 Pro Tips

  • The 7.5% return on fuel is one of the highest in the market.
  • Use for UPI payments to earn base rewards where other cards fail.

📊 Spending Scenarios — Real-World Returns

Commuter (₹10k/mo fuel)

Monthly: ₹20,000 · Annual: ₹2,40,000

4%
Effective Return
fuel: ₹10,000/moother: ₹10,000/mo
Annual Rewards Value9,600
After Fee (₹1,500)+8,100

7.5% return on fuel spends.

🔄 Redemption Pathways — Value per Point

MethodValue
Fuel VouchersBEST₹0.5/pt

🏷️ Best For

fuel