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RBL Bank ShopRite Credit Card

by Kshitiz V Sharma on

The Bottom Line

RBL Bank ShopRite Credit Card
Low Fee, Low Rewards

20 reward points / ₹100 on grocery, 10 points on fuel and 1 point on all other spends. 10% discount on movie tickets at BookMyShow.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield 1.4% 1.3% 1.0% 0.8% 0.6%
Est. Monthly Reward (₹) 25 80 160 360 515
All-India Rewards Rank* 14 34 94 170 227
Within Bank Rank* 3 5 10 12 15
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The RBL Bank ShopRite Credit Card gives 5% effective reward on grocery, 2.5% on fuel and 0.25% on all other spending.

Overall, we estimate you can earn a net reward yield of 0.6-1.4% on all your spending with this card in a month.

After the discontinuation of the Edition program, the ShopRite will be the replacement credit card for RBL Bank customers with the Edition and Edition Black credit cards.

Due to its low net reward yield, we do not think the ShopRite is a good replacement for the Edition Black or Edition Cards and people receiving this card should consider options from other banks.

The RBL Bank Monthly Treats Credit Card is the best entry level credit card from RBL Bank. This card can earn you a net reward yield of 1.3-2.7%, if you spend less than ₹20,000 on your card each month.

That also makes it one of the best entry level credit cards in India.

With the discontinuation of the Edition program, we no longer recommend any RBL Bank credit card for people charging more than ₹20,000 a month to their credit cards.

The Insignia Preferred Banking Card is the highest yielding credit card from RBL Bank for those charging more than ₹20,000 a month on their cards.

However, the Insignia Preferred offers a meagre net reward yield of 1.3 – 1.4% at that level of spending. You also need a total relationship value with RBL Bank of more than ₹30 lacs to qualify for this card.

We think if you can qualify for the Insignia Preferred, you can get a much better credit card from many other banks and you should not settle for the Insignia.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.

The Rewards

Card RBL Bank ShopRite Credit Card
Card Type Reward
Reward Features 20 Reward Points / ₹100 on Grocery

10 Reward Points / ₹100 on Fuel

1 Reward Point / ₹100 on all other spends

Milestone Rewards Nil
Other Rewards 10% discount on movie tickets at BookMyShow p.m. (up to ₹100)
Rewards Redemption Fee ₹99
Reward Caps – 1,000 points p.m. on grocery & fuel respectively
Preferred Redemption Method Redeem on @ ₹ 0.25 / reward point

Fees & Charges

Card RBL Bank ShopRite Credit Card
Joining Fee Nil
Annual Fee Nil
Min. Annual Credit Card Spend
for Fee Waiver
Income Criteria Salaried N/A
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 47.88%
Foreign Currency Markup 3.50%
Cash Advance Charge 2.50% transaction amount minimum of ₹300

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