It is important to make a note of the charges applicable for cash withdrawals from an ATM using an RBL Bank credit card.
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 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.
RBL Bank allows you to get cash easily by visiting an ATM. Follow these simple steps:
Visit the ATM of RBL Bank or any other bank
Insert your credit card into the ATM machine
Select the ‘Cash Withdrawal’ option and enter the amount you wish to withdraw
Enter your credit card’s PIN to complete the transaction
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
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.
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
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.
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.
The RBL Bank credit card cash withdrawal charges amount to 2.5% of the cash withdrawn, subject to a minimum of ₹500.
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.
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.
No, there are no rewards or offers on the cash withdrawals made using your RBL Bank credit card.