RBL Bank Nova credit card review: fees, rewards and eligibility
The RBL Bank Nova has a recorded annual fee of ₹12,500 and a base earn of 4 Reward Points per ₹200 on purchases (1 Reward Point = ₹1 redemption value). CardMasters checked its issuer terms on 2026-08-04. Affiliate commission never changes ranking; confirm final terms and approval with RBL Bank.
RBL Bank Nova: short answer
The RBL Bank Nova is in the premium tier of RBL Bank credit cards, with a joining fee of ₹12,500, an annual fee of ₹12,500, a base earn of 4 Reward Points per ₹200 on purchases (1 Reward Point = ₹1 redemption value) and a 2% forex markup. Rewards are not earned on fuel, rent, wallet load. It suits travel, premium, lounge spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-04. Confirm final terms with the issuer.
Reward structure
4 Reward Points per ₹200 on purchases (1 Reward Point = ₹1 redemption value)
- 12 Reward Points per ₹200 on flight bookings and hotel stays on flight bookings and hotel stays — Airline transfer runs at 2 Reward Points to 1 partner point, so transferred value is half the ₹1 redemption value.
Eligibility and important limits
published monthly income floor ₹1,50,000 Approval remains solely at the issuer’s discretion.
Does not earn: fuel, rent, wallet load.
Frequently asked questions
What is the annual fee for the RBL Bank Nova?
The published annual fee in our current record is ₹12,500.
How do rewards work on the RBL Bank Nova?
4 Reward Points per ₹200 on purchases (1 Reward Point = ₹1 redemption value). Accelerated routes include 12 Reward Points per ₹200 on flight bookings and hotel stays on flight bookings and hotel stays. Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the RBL Bank Nova?
The current issuer-sourced exclusions recorded by CardMasters include fuel, rent, wallet load. Merchant category coding and issuer terms determine final eligibility.
Who should consider the RBL Bank Nova?
It is most relevant for people focused on travel, premium, lounge. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the RBL Bank Nova worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹12,500 each year. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the RBL Bank Nova?
The published monthly income floor is ₹1,50,000. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the RBL Bank Nova?
The recorded foreign-currency markup is 2% before GST. On ₹1,00,000 of international spend that is about ₹2,000 in markup, so compare it against any rewards earned on overseas transactions.
Does the RBL Bank Nova offer airport lounge access?
Domestic lounge access: 12 complimentary visits per year within India, plus 4 complimentary guest visits. International lounge access: 12 complimentary visits per year outside India. Spend conditions and guest charges are set by the issuer and can change.