RBL Bank Apex
RBL Bank · Checked 2026-10-09
RBL Bank Apex is a paid card focused on straightforward cashback, shopping rewards and online spending, charging ₹1,000 annually before GST.
CardIQ editorial view
Our take
RBL Bank Apex is a paid card focused on straightforward cashback, shopping rewards and online spending, charging ₹1,000 annually before GST.
Who it suits
- People who prioritise straightforward cashback.
- People who prioritise shopping rewards.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 2% cashback on flights, hotels, shopping and vouchers through the RBL Rewards portal; 1% on other eligible purchases.
- ₹1,000 milestone cashback at ₹2 lakh annual spend, plus ₹2,000 at ₹4 lakh.
Trade-offs to understand
- The 1% category is capped at ₹500 per billing month; portal 2% cashback is uncapped.
- The ₹1,000 annual fee plus GST needs to be justified by benefits you will actually use.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 2% cashback on flights, hotels, shopping and vouchers through the rbl rewards portal; 1% on other eligible purchases valuable enough to clear the fee. Factor in this condition: The 1% category is capped at ₹500 per billing month; portal 2% cashback is uncapped.
Compare before deciding
- HDFC Bank Millennia — A similarly priced alternative for comparing shopping rewards and online spending.
- IDFC FIRST Hello Cashback — A similarly priced alternative for comparing shopping rewards and online spending.
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Benefits, limits and conditions
- The 1% category is capped at ₹500 per billing month; portal 2% cashback is uncapped.
- ₹1,000 milestone cashback at ₹2 lakh annual spend, plus ₹2,000 at ₹4 lakh.