RBL Bank Credit Card Cash Withdrawal Fee

Apart from various other benefits, RBL Bank credit cards offer a convenient solution when you are in need of urgent cash. This feature enables you to use its credit card at an ATM to withdraw cash up to a specified limit.

 

However, before opting for this facility, you need to be aware of the RBL Bank credit card withdrawal charges. It helps you understand the cost of this facility and plan repayment beforehand. 

RBL Bank Cash Withdrawal Fees and Charges

RBL Bank levies a one-time fee when you use its credit card to make cash withdrawals. Check out the RBL Bank credit card withdrawal charges below:

Bajaj Finserv RBL Bank SuperCard Cash Withdrawal Charges

2.50% of the cash amount (with a minimum of ₹500)

Disclaimer: The charges mentioned above are subject to change at the discretion of the bank's policies.

How to Withdraw Cash Using an RBL Bank Credit Card

RBL Bank allows you to get cash easily by visiting an ATM. Follow these simple steps:

  1. Visit the ATM of RBL Bank or any other bank

  2. Insert your credit card into the ATM machine

  3. Select the ‘Cash Withdrawal’ option and enter the amount you wish to withdraw 

  4. Enter your credit card’s PIN to complete the transaction

RBL Bank Credit Card Cash Limit

You can withdraw only up to a specified limit using your RBL Bank credit card at an ATM. This limit is called a cash limit, which can vary depending on the card you use and the bank’s internal policies. 

 

You can check the cash limit of your credit card through the following:

  • Check your billing statement

  • Check it on the RBL MyCard Mobile app

Interest Charges on RBL Bank Credit Card Cash Withdrawal

Finance charges on credit cards apply from the date of cash withdrawal. Check out the interest charges applicable to the RBL Bank credit card cash withdrawal facility:

RBL Bank Credit Card 

Up to 3.99% p.m. or 47.88% p.a.

Bajaj Finserv RBL Bank SuperCard

Up to 3.99% p.m. or 47.88% p.a.

Disclaimer: The charges mentioned above may vary based on the bank’s policies. 

Pros and Cons of RBL Bank Cash Advance Facility

The cash withdrawal feature offered by your RBL Bank comes with various advantages. These include:

  • Instant cash to meet emergency financial requirements 

  • Nominal cash withdrawal charges 

  • No approval or documentation required 

 

There are also some downsides that you need to be aware of before you utilise this feature. These include:

  • No grace period on the applicability of interest charges, which start accruing from the date of withdrawal 

  • Higher interest charges on cash advance facility

Disclaimer

Reference of all T&Cs necessarily refers to the terms of the Partners as regards pre-approved offers and loan processing time, amongst other conditions.

Frequently Asked Questions

How much cash can I withdraw using my RBL Bank credit card?

You can withdraw cash up to the cash limit on your RBL Bank credit card. This limit is generally a percentage of the total credit limit, and it will vary from one credit cardholder to another.

What are the charges levied on cash withdrawals made using the RBL Bank credit card?

The RBL Bank credit card cash withdrawal charges amount to 2.5% of the cash withdrawn, subject to a minimum of ₹500.

Do I have to pay interest on the amount of cash withdrawn using the RBL Bank credit card?

Yes, you will have to pay interest on cash withdrawals made using an RBL Bank credit card. The finance charges applicable to the cash advance facility go up to 47.88% p.a.

Is the cash limit the same as the credit limit on my RBL Bank credit card?

No, the credit limit is the maximum amount of credit available on your credit card. The cash limit is the maximum amount of cash you can withdraw using your credit card. The cash limit is fixed as a percentage of the credit limit.

Will I earn any reward points or offers on the amount of cash withdrawn using the RBL Bank credit card?

No, there are no rewards or offers on the cash withdrawals made using your RBL Bank credit card.

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