RBL signature plus excluded wallet loads

it's done, now rbl excluded some MCCs for rewards and also for spend criteria which is a double whammy.


Revision of RBL Bank Signature+ Debit Card Terms and Conditions
As part of our constant endeavor to provide you with the best experience, we would like to highlight the following
benefits on your RBL Bank Signature+ Debit Card:
• Zero mark up on all your international spends carried out through POS/Online payments.
• Two (2) complimentary lounge access every quarter at select domestic airports.
• 1% monthly cashback as vouchers (up to INR 1,000) on minimum monthly spends of INR 10,000 on POS/Online
Payments.
• Annual Vouchers of INR 5,000 on spends of INR 5 lakhs on POS/Online Payments.
• Insurance cover up to INR 2 Crores*
• Waiver on Annual fee pertaining to the subsequent year on carrying out minimum spends of INR 3 Lakhs on
POS/Online payments in the previous year.
While you continue to make the most of your RBL Bank Signature+ Debit Card, we would like to update you with
respect to the updated calculations for spends threshold and transactions that will be excluded for availing Monthly
Voucher/Annual Voucher/waiver of annual fee, effective 01st May 2024:
1. International transactions and/or transactions carried out on the Merchant Category Codes (MCC) listed below
will be excluded from availing Monthly and Annual vouchers and will also not be considered for availing the
benefits of the waiver of Annual Fee.
Merchant Category Codes
(MCC) Description
6012 Financial Institutions – Merchandise, Services, and Debt Repayment
6051
Non-Financial Institutions – Foreign Currency, effective through 19
January 2024, Non-Fiat Currency and effective from 20
January 2024 Liquid and Cryptocurrency Assets (for example:
Cryptocurrency), Money Orders (Not Money Transfer),
Account Funding (not Stored Value Load), Travelers Cheques, and Debt
Repayment
6540 Non-Financial Institutions – Stored Value Card Purchase/Load
6211 Security Brokers/Dealers
2. The minimum spends threshold for being eligible for Monthly vouchers with effect from 01st May 2024 will be INR
25,000 for current account customers.
*Terms & conditions apply.
Disclaimer: The transactions for each category are identified through Merchant Category Codes (MCC), defined by the
card network such as Visa, MasterCard and RuPay. RBL Bank does not define the merchant category.