RBL Platinum Maxima Plus Credit Card Review: 2.5% Earn, Tight Cap

The RBL Bank Platinum Maxima Plus Credit Card earns 10 points per ₹100, or 2.5% at RBL's own 25 paise a point, on dining, entertainment, grocery and international spends, but only up to 1,000 points a month. RBL charges a ₹2,500 plus GST annual fee from the first year with no spend waiver, so the card pays off mainly for people who collect its welcome and milestone points.

By Abhishek Kumar · Content Writer Updated 5 November 2026 Reviewed by BankCreds Financial Experts

Key facts

Joining fee: ₹2,500 + GST
Annual fee: ₹2,500 + GST. No spend-based waiver is listed for Platinum Maxima Plus
Base reward: 2 reward points for every INR 100 spent on eligible retail purchases (about 0.5% value)
Best category: Dining, entertainment, grocery and international purchases: about 2.5% value
Lounge: Domestic: 2 complimentary domestic airport lounge visits per calendar quarter (primary cardmember only) International: None listed
Forex markup: 3.5% of the amount
Network: Visa

Apply on RBL Bank's site

Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.

In short

A fair rewards card for steady spenders who will reach its ₹2 lakh to ₹5 lakh milestones, but an expensive one for anyone who would use only the 2.5% categories.

Best for

People who spend ₹2 lakh to ₹5 lakh a year and can collect up to 30,000 milestone points
Diners and grocery shoppers spending about ₹10,000 a month in those categories
Moviegoers who buy two or more BookMyShow tickets each month

Skip it if

You want an annual fee that spending can waive
Most of your bills are fuel, utilities, rent or insurance, which earn nothing
You travel abroad often and mind a 3.5% forex markup

Highlights

Annual fee ₹2,500 plus GST from the first year, no waiver
10 points per ₹100 on four categories, up to 1,000 points a month
10,000 welcome points and up to 30,000 milestone points a year
2 domestic lounge visits a quarter after ₹35,000 of spends
Points worth 25 paise on flights, hotels and e-vouchers

What the Platinum Maxima Plus card is, and who it is for

Platinum Maxima Plus is RBL Bank's everyday rewards card on the Visa network. It gives 2 reward points per ₹100 on most retail spends and 10 points per ₹100 on dining, entertainment, grocery and international purchases. RBL's own example values a point at 25 paise, so the rates work out to 0.5% and 2.5%. The card is active and RBL takes application online.

It suits somebody who eat out often, buys groceries on card and crosses ₹2 lakh of eligible spends a year, because most of the value sits in the bonuses. A person using it mainly for fuel and bills will struggle to earn back the fee.

Three things that decide its value

The monthly cap. The 10-point rate stops at 1,000 points a month, which ₹10,000 of category spend fills (1,000 divided by 10, times ₹100). So the 2.5% is worth ₹250 a month at most (1,000 times 25 paise).
A fee with no waiver. RBL charges an annual fee of ₹2,500 plus GST from the first year rather than a joining fee, and it comes every year whatever you spends.
The milestones. 10,000 points each at ₹2 lakh, ₹3.5 lakh and ₹5 lakh of eligible spends in a membership year, up to 30,000 points or ₹7,500 at 25 paise.

Lounges come with a condition too. The primary cardholder gets 2 domestic visits a calendar quarter, only after ₹35,000 of spends in the previous quarter, about ₹11,667 a month (₹35,000 divided by 3), with EMI and excluded categories not counted. No international lounge is listed.

What changed from 2024 to 2026

RBL's documents shows two changes, both on charges. From 17 October 2025 the late fee became 12.5% of the total outstanding, minimum ₹5 and maximum ₹1,300. From 7 January 2026 FASTag loading and toll payments above ₹10,000 carry a 1% fee. RBI's figures put RBL Bank at 47,16,637 cards outstanding in September 2026, which is 1,31,447 more than a year before (47,16,637 minus 45,85,190).

Platinum Maxima Plus fees and charges

There's no separate joining fee. RBL charges an annual membership fee of ₹2,500 plus GST from the first year, and the same every year after. At 18% the GST is ₹450, so you pay ₹2,950 a year (₹2,500 plus ₹450), and no spend-based waiver is listed at all.

The welcome benefit help only in year one: 10,000 points, worth ₹2,500 at 25 paise, if you use the card within 30 days of issue and pay the fee by its due date. From the second year the fee must come out of regular points and milestones. Add-on cards cost ₹200 plus GST, or ₹236 with tax (₹200 plus 18%), and there is no over-limit fee.

Interest, late fee and cash

Interest is up to 3.99% a month, or 47.88% a year, and it is set by your bureau score: 3.35% a month (40.20% a year) above 775 and 3.99% below 725. Carry ₹20,000 for 30 days at 47.88% and the interest come to about ₹787 (₹20,000 times 47.88% times 30, divided by 365); at 40.20% it is about ₹661.

The late fee is 12.5% of the total outstanding, minimum ₹5 and maximum ₹1,300, charged only once the account is more than 3 days past due. As 12.5% of ₹10,400 is ₹1,300, any outstanding above ₹10,400 hit the maximum. Cash withdrawals cost 2.5% with a ₹500 minimum, plus interest from day one, so ₹10,000 costs ₹500, not ₹250 (2.5% of ₹10,000).

Forex and the special fees

Foreign currency: 3.5% plus GST. A ₹50,000 holiday bill adds ₹2,065 (3.5% of ₹50,000 is ₹1,750, plus 18% GST of ₹315).
Rent: 1%. Utilities: 1% on spends above ₹50,000 a month per card.
Fuel and auto: 1% on each transaction above ₹10,000, up to ₹3,000. No fuel surcharge waiver is listed, so the pump surcharge stay with you.
Education through apps such as CRED or PhonePe: 1%, but nothing on the school or college website or POS. FASTag and tolls: 1% above ₹10,000.
Merchant EMI: 1.5% or ₹150, whichever is higher. Branch cash payment ₹100; cheque return ₹500. GST of 18% applies on all charges.

Platinum Maxima Plus: fees and charges

Joining fee	₹2,500 + GST
Annual or renewal fee	₹2,500 + GST
Annual fee waiver	No spend-based waiver is listed for Platinum Maxima Plus
Add-on card fee	₹200 + GST
GST	Charged on top of the fees and charges listed
In the bank’s words	Annual membership fee INR 2,500 + GST, charged in the first year and every year after; add-on card INR 200
Interest on unpaid balances	Up to 3.99% a month (47.88% a year)
Late payment fee	12.5% of total outstanding amount, minimum INR 5 and maximum INR 1,300 (w.e.f. 17 October 2025); levied only when the account is past due for more than 3 days
Cash withdrawal	2.5% of the cash amount withdrawn (minimum INR 500) plus finance charges from the date of withdrawal
Over-limit fee	NIL
Forex markup	3.5% of the amount
Other fees	Cash advance fee 2.5% of the cash amount (minimum INR 500); finance charges accrue from the date of withdrawal Fee on rental transactions (MCC 6513): 1% of transaction amount Fee on utility spends (MCC 4900): 1% on aggregate utility spends above INR 50,000 per month per card Fee on fuel and auto transactions: 1% on each transaction above INR 10,000, maximum INR 3,000 per transaction Fee on education payments made through third-party apps (CRED, PhonePe, Paytm and others): 1%; none when paid on the school/college website or POS Fee on FASTag loading and toll payments (MCC 4784, 4111, 4131): 1% on transactions above INR 10,000, w.e.f. 7 January 2026 Foreign currency transaction markup: 3.5% (0% on World Safari, World Safari Lite, World Safari Plus and Lumiere; 2% Nova; 1.5% Insignia/iGlobe/World Xclusive) Merchant EMI processing fee: 1.5% of amount or INR 150, whichever is higher Cash payment at RBL Bank branches: INR 100 per transaction Cheque return / auto-debit reversal: INR 500 Reward redemption fee: INR 99 + GST, once per day of redemption All charges attract GST at 18%

How the points are earned, and what they are worth

You get 2 points per ₹100 on eligible retail spends and 10 per ₹100 on dining, entertainment, grocery and international purchases, the second group capped at 1,000 points a billing month. RBL's terms doesn't say what spends past the cap earn, so our examples count them at nothing.

The card page talks of 2.8% value back, but RBL's own example of 67,600 points for ₹16,900 puts a point at 25 paise, so 10 points per ₹100 is 2.5%, a honest figure. That value is for flights, hotel stays and select e-vouchers; RBL does not publish a cashback or merchandise value. Each redemption day costs ₹116.82 (₹99 plus 18% GST), and points expire after 24 months unredeemed.

No points on fuel and auto, railways, utilities, rent, wallets, insurance, education, government services, cash, Bills2Pay, EMI conversions and fees. The card page's example table show points on fuel and utility bills, but the product terms exclude them. A free BookMyShow ticket, up to ₹200, comes every month you buy 2 or more, so up to ₹2,400 a year (12 times ₹200).

Per month	Light	Typical	Heavy
Dining, entertainment, grocery, international	₹5,000: 500 points	₹10,000: 1,000 points	₹18,000: 1,000 points (capped)
Other eligible spends at 2 per ₹100	₹8,000: 160 points	₹20,000: 400 points	₹42,000: 840 points
Fuel, utilities and other excluded spends	₹2,000: 0	₹5,000: 0	₹10,000: 0
Points a year, with milestones	7,920	36,800	52,080
Value at 25 paise	₹1,980	₹9,200	₹13,020
After the ₹2,950 fee	minus ₹970	₹6,250	₹10,070

Light, ₹15,000 a month. ₹8,000 at 2 per ₹100 is 160 points, so 660 a month with the category 500, or 7,920 a year (660 times 12), worth ₹1,980. Eligible spends of ₹1,56,000 (₹5,000 plus ₹8,000, times 12) miss the ₹2 lakh milestone, and that leave you ₹970 short of the fee (₹2,950 minus ₹1,980). Year one is a gain of ₹1,530 thanks to the welcome points (₹1,980 plus ₹2,500 minus ₹2,950).

Typical, ₹35,000 a month. ₹10,000 in the four categories fills the cap exactly, and ₹20,000 elsewhere earns 400, so 1,400 points a month and 16,800 a year. ₹3,60,000 of eligible spends (₹10,000 plus ₹20,000, times 12) passes ₹2 lakh and ₹3.5 lakh for 20,000 more. 36,800 points is ₹9,200, or ₹6,250 after the fee, and this is where the card start making sense.

Heavy, ₹70,000 a month. ₹18,000 in the categories would be 1,800 points, but the cap allows 1,000, so the last ₹8,000 belong on another card. ₹42,000 at 2 per ₹100 adds 840, so 1,840 a month and 22,080 a year. ₹7,20,000 of eligible spends (₹18,000 plus ₹42,000, times 12) takes all three milestones, 30,000 points. 52,080 points is ₹13,020, or ₹10,070 after the fee.

Platinum Maxima Plus: higher-reward categories

Category	Rate	Cap
Dining, entertainment, grocery and international purchases	10 reward points per INR 100, about 2.5% value	Up to a maximum of 1,000 reward points per month on these categories, ₹1,000, month (billing cycle)

Platinum Maxima Plus: how rewards work

Earned as	RBL Bank reward points
Base rate	2 reward points for every INR 100 spent on eligible retail purchases. About 0.5% value back
Minimum spend rules	Not published by the bank
No rewards on	Fuel & Auto (MCC 0032, 2541, 4001, 5542, 5541, 5172) Railways Utilities (MCC 4900) Real estate / rental (MCC 6513) Wallets / service providers (MCC 6540) Insurance Quasi-cash Education Government services Contracted services Cash Miscellaneous (MCC 5960) Bills2Pay EMI conversions (Split-N-Pay and EMI at POS/web/app) Fees, charges and GST
Lower rewards on	None published
Value of a point	Flight bookings, hotel stays and select e-vouchers (issuer's own worked example): 67,600 Reward Points redeemable against flight bookings, hotel stays and select e-vouchers \| INR 16,900
Redemption fee	INR 99 + GST, charged once for all redemptions made in a single day
Expiry	Points not redeemed within 24 months expire
Welcome benefits	10,000 reward points: use the card within 30 days of issuance and pay the annual membership fee by the due date; credited within 60 days
Milestone benefits	10,000 reward points on eligible purchases of INR 2 lakh or more in a membership year Additional 10,000 reward points at INR 3.5 lakh Additional 10,000 reward points at INR 5 lakh (up to 30,000 milestone points a year)
Lounge access	Domestic: 2 complimentary domestic airport lounge visits per calendar quarter (primary cardmember only) International: None listed Condition: Spend INR 35,000 or more in the previous calendar quarter; excluded categories and EMI do not count
Fuel surcharge waiver	No fuel surcharge waiver is listed on the card page or product T&C
Insurance cover	None listed

Who can apply, and how

RBL Bank does not publish any age or income criteria for Platinum Maxima Plus, on the card page or in the product terms, so you can't know its floor before you applies. RBL's application form asks for your PAN, which is mandatory, your net monthly income, and KYC through Aadhaar e-KYC, Video KYC, biometric or offline KYC, or a existing CKYC record.

You apply online through the card page. RBL says processing takes up to 20 days once your KYC and details is complete. A full KYC step such as Video KYC is likely, because under the RBI's KYC Directions an account opened only on Aadhaar OTP e-KYC can be a term loan of up to ₹60,000 a year, not a revolving card.

What RBL will look at

Your income and the credit limits you already hold elsewhere, which RBI's 2025 rules for card issuers make the bank weigh before setting a limit.
Your credit score. Experian treats above 750 as generally good on its 300 to 900 scale, and here the score also decide your interest rate.
Your explicit consent, and activation within 30 days or the bank must ask you again before keeping the card open.

No RBI rule fix a minimum age or income. The decision is RBL's alone, and a rejection must come with the specific reasons in writing. Ask for the one-page Key Fact Statement before you sign, it has the rate and every charge.

Platinum Maxima Plus: eligibility and documents

Age (salaried)	Not published by the bank
Age (self-employed)	Not published by the bank
Income (salaried)	Not published by the bank
Income (self-employed)	Not published by the bank
Other conditions	RBL Bank does not publish age or income criteria for this card on its card page or product T&C
Documents	PAN (mandatory field on the application) KYC through Aadhaar e-KYC / Video KYC / biometric KYC or offline KYC, or CKYC record Net monthly income declared on the application
How to apply	Online through the 'Apply Now' links on each card page (creditcard.rbl.bank.in); KYC by Aadhaar e-KYC, Video KYC, biometric or offline modes. RBL says processing takes up to 20 days once KYC and details are complete.
Card customer care	+91 22 6232 7777

These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.

Pros, cons and who Platinum Maxima Plus suits

Think of it as a bonus machine with a small engine. The everyday earn is modest, 0.5% on most things and 2.5% on four categories up to ₹10,000 a month, but the welcome points and three milestones are generous for a ₹2,500 card. Someone putting ₹30,000 to ₹60,000 of eligible spends on it each month recover the fee several time over, as the typical and heavy examples show.

Who gains most: people who reach ₹3.5 lakh or ₹5 lakh of eligible spends a year, eat out or order in a lot, and redeem for flights or hotels, where the 25 paise value is published. Two-ticket moviegoers get the BookMyShow benefit as well.

Who should skip it: light users under ₹2 lakh a year, since the fee is never waived. Also skip it if your biggest bills is fuel, utilities, rent or insurance, they earn zero and some carry 1% fees. Frequent travellers lose most of the 2.5% to the 3.5% markup, and no insurance cover is listed.

The trade-off is effort. Watch the cap, push spends here until each milestone and redeem in one go, and it's a decent card. Ignore that and you pay a costly price for a Visa card with spend-linked lounges.

Pros

10,000 welcome points, worth ₹2,500 at 25 paise, cover the first year's fee before GST
Milestones add up to 30,000 points (₹7,500) on ₹5 lakh of eligible yearly spends
International spends earn 10 points per ₹100, along with dining, entertainment and grocery
Two domestic lounge visits a quarter after ₹35,000 of spends in the previous quarter
A free BookMyShow ticket worth up to ₹200 a month when you buy two or more
No over-limit fee, and the late fee stops at ₹1,300

Cons

The 10-point rate stops at 1,000 points a month, which ₹10,000 of spend fills
₹2,500 plus GST is charged every year with no spend-based waiver
Each redemption day costs ₹99 plus GST
Fuel, utilities, rent, insurance, railways, education and EMI earn no points
A 3.5% forex markup plus GST takes most of the 2.5% earned abroad
RBL publishes no age or income criteria for the card

Platinum Maxima Plus against three similar cards

All three below reward dining and grocery too, but their caps and fees is very different.

SBI Card PRIME

The SBI Card PRIME costs ₹2,999 plus GST, waived on ₹3 lakh a year. It pays the same 10 points per ₹100 on dining, departmental stores, grocery and movies at 25 paise, but its cap is 7,500 points a calendar month, so ₹75,000 of category spend (7,500 divided by 10, times ₹100) earns the top rate against ₹10,000 here. It adds 8 domestic and 4 Priority Pass lounge visits a year.

SimplySAVE SBI Card

The SimplySAVE SBI Card costs ₹499 plus GST, reversed on ₹1 lakh a year. It gives 10 points per ₹150 on dining, movies, departmental and grocery stores, about 1.67%, capped at 5,000 points a month, with no lounge listed.

Axis Bank Select

The Axis Bank Select card costs ₹3,000 plus GST, waived only on ₹8 lakh. It earns 2% at department, grocery and clothing stores up to ₹20,000 a month and 1% elsewhere, at 20 paise a point. Domestic lounges need ₹50,000 in the last 3 months, Priority Pass comes on top, and Axis asks ₹6 lakh of yearly income. Forex is 3.5% on all three, same as here.

Who should pick which

Platinum Maxima Plus, if you'll reach the ₹2 lakh to ₹5 lakh milestones and want international spends in the bonus group.
SBI PRIME, if dining and grocery run well past ₹10,000 a month and you wants a fee you can waive.
SimplySAVE, if you want category points for under ₹500 a year and no lounges.
Axis Select, if you shop big at department stores and travel abroad.

See all RBL Bank credit cards, the best dining cards, our card comparison guide or all credit cards.

Platinum Maxima Plus against similar cards

Term	Platinum Maxima Plus Credit Card This card	SBI Card PRIME	SimplySAVE SBI Card	Axis Bank Select Credit Card
Bank	RBL Bank	SBI Card	SBI Card	Axis Bank
Joining fee	₹2,500 + GST	₹2,999 + GST	₹499 + GST	₹3,000 + GST
Annual fee and waiver	₹2,500 + GST. No spend-based waiver is listed for Platinum Maxima Plus	₹2,999 + GST. Renewal fee waived on annual spends of Rs. 3 lakhs (MITC: in the preceding year)	₹499 + GST. Renewal Fee is reversed if annual spends for last year >= Rs. 1,00,000.	₹3,000 + GST. Annual fee waived on spends of INR 8 lakh in the preceding card anniversary year; insurance, rent, fuel, education, utilities and telecom, government, wallet, gold and gift card spends (and EMI conversions, cash, reversals, fees) do not count. Nil fees for Burgundy account holders.
Base reward	2 reward points for every INR 100 spent on eligible retail purchases (about 0.5% value)	2 Reward Points per Rs. 100 on all other retail spends, except fuel (about 0.5% value)	1 Reward Point per Rs. 150 spent on all other spends (about 0.17% value)	10 EDGE REWARD Points per INR 200 spent (about 1% value)
Best category	Dining, entertainment, grocery and international purchases: about 2.5% value	Birthday spends: about 5% value	Dining, movies, departmental stores, grocery and supermarkets: about 1.67% value	Retail shopping: department stores, grocery stores, clothing and accessory stores: about 2% value
Lounges	Domestic: 2 complimentary domestic airport lounge visits per calendar quarter (primary cardmember only) International: None listed	Domestic: 8 complimentary domestic airport lounge visits a year (max 2 per quarter); from 10 Jan 2026 only at the lounges in SBI Card's 'Set B' list International: 4 complimentary Priority Pass lounge visits per calendar year outside India (max 2 per quarter); Priority Pass membership complimentary	Domestic: None listed on card page International: None listed on card page	Domestic: 2 complimentary visits per quarter at select domestic airport lounges (card must be swiped; Priority Pass not valid at Indian domestic lounges from 28 Aug 2026) International: Priority Pass membership with 6 complimentary international lounge visits per anniversary year, plus 6 more on INR 3 lakh spends in that year (up to 12)
Forex markup	3.5% of the amount	3.5% of the amount	3.5% of the amount	3.5% of the amount
Network	Visa	Visa, Mastercard, American Express, RuPay	Visa, Mastercard, RuPay	Not stated by the bank
Published minimum income	Not published by the bank	Stable income; SBI Card says the specific minimum varies by card and does not...	Stable income; SBI Card says the specific minimum varies by card and does not...	₹50,000 a month
Status	Taking applications	Taking applications	Taking applications	Taking applications

Frequently asked questions

Does the RBL Platinum Maxima Plus card have a joining fee or a fee waiver?

RBL charges an annual fee from the first year rather than a joining fee. It is ₹2,500 plus GST, or ₹2,950 at 18%, in year one and every year after, and RBL lists no spend-based waiver. The 10,000 welcome points, worth ₹2,500 at 25 paise each, come only if you use the card within 30 days and pay that fee by its due date.

How much is an RBL Platinum Maxima Plus reward point worth?

About 25 paise. RBL's own example values 67,600 points at ₹16,900 when redeemed for flights, hotel stays and select e-vouchers, which is ₹0.25 a point. RBL does not publish a value for other options such as cashback or merchandise. Each day you redeem costs ₹99 plus GST, and points lapse if they are not redeemed within 24 months.

What income do I need for the Platinum Maxima Plus card?

RBL Bank does not publish an age or income requirement for this card. The application asks for your PAN, completed KYC and your net monthly income, and the bank weighs your income, existing credit limits and credit history. Your bureau score also sets your interest rate, from 3.35% a month above 775 to 3.99% below 725. Approval is RBL's decision.

Does the card give airport lounge access?

Yes, with a spend condition. The primary cardholder gets 2 complimentary domestic airport lounge visits in a calendar quarter, but only after spending ₹35,000 or more in the previous calendar quarter, and excluded categories and EMI spends do not count. No international lounge benefit is listed, and foreign currency spends carry a 3.5% markup plus GST.

What changed on the RBL Platinum Maxima Plus card recently?

Two charges changed. From 17 October 2025 the late payment fee became 12.5% of the total outstanding, with a minimum of ₹5 and a maximum of ₹1,300, charged only once the account is more than 3 days past due. From 7 January 2026, FASTag loading and toll payments above ₹10,000 carry a 1% fee.

Do fuel and utility bills earn points on this card?

No. RBL's product terms exclude fuel and auto, utilities, rent, wallets, insurance, railways, education, government services and EMI conversions from reward points, even though the card page's example table credits some of them. Several of these also carry fees, such as 1% on utility spends above ₹50,000 a month and on fuel transactions above ₹10,000.

Sources

RBL Bank: Schedule of Charges (RBL-CC-SOC-V2-04-06-2026); Most Important Terms and Conditions cum Key Fact Statement for Credit Cards; RBL Bank Platinum Maxima Plus Credit Card Terms and Conditions; RBL Bank Rewards Terms & Conditions (live page refused the fetch; read from Internet Archive capture of 2026-05-20; Platinum Maxima Plus Credit Card; RBL Bank Credit Card Network Availability Guide; Credit Card Application Form (RBL-CC-LF-23-09-2026)

Last verified: 5 November 2026

Written by Abhishek Kumar, reviewed by BankCreds Financial Experts

BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.