RBL Icon Mastercard Credit Card
RBL Bank
Last updated: Feb 03, 2026
₹5,000
₹5,000
3.5%
8 visits/yr
Contents
RBL Icon Mastercard Credit Card is a lifestyle and travel-focused premium card for high-spending urban customers. It combines strong reward points on weekend dining and international transactions with steady rewards on everyday spends. You also get complimentary domestic airport lounge access, golf benefits, BookMyShow movie offers, concierge support, and a fuel surcharge waiver. This card works well for users who can comfortably handle the ₹5,000 annual fee and wish to maximise lifestyle, travel, entertainment, and reward earnings with a single premium credit card.
Features of RBL Icon Mastercard Credit Card which makes it unique
Weekend and International Accelerator
Earn significantly higher reward points on weekend dining and international spends.
Helps frequent travellers and foodies accumulate reward points quickly for flights, hotels and vouchers.
Higher accelerated earn rate than most standard entry-level credit cards.
Domestic Airport Lounge Access
Complimentary domestic airport lounge visits every quarter for cardholders meeting spend thresholds.
Comfortable airport experience with complimentary snacks, beverages and seating while you travel.
More annual complimentary visits than many basic lounge-access cards when fully utilised.
Golf Privileges
Complimentary golf rounds, discounted green fees and free lessons at select golf courses.
Adds premium lifestyle value for golf enthusiasts and corporate users.
Golf benefits are typically available only on mid to high-end premium credit cards.
Rewards Structure of RBL Icon Mastercard Credit Card
Weekend Dining
baseEligible restaurant and dining spends on weekends within India.
Best used for weekend family outings, fine dining and casual dining spends to maximise points.
International Transactions
baseCard-not-present and POS international purchases made in foreign currency.
Suited for overseas travel, hotel bookings and international online shopping, subject to foreign currency mark-up.
All Other Eligible Spends
baseDomestic retail transactions that are not in excluded categories as per RBL Bank policy.
Everyday card usage on grocery, utility bills, online shopping and regular expenses helps build a steady reward balance.
Milestones of RBL Icon Mastercard Credit Card
Annual Spend Milestone – ₹3,00,000
₹3,00,000 in a card membership year : 10,000 bonus reward points credited within about 45 days of achieving the spend threshold.
Annual Spend Milestone – ₹5,00,000
₹5,00,000 in a card membership year : Additional 15,000 bonus reward points over and above the earlier milestone benefit.
Annual Spend Milestone – ₹8,00,000
₹8,00,000 in a card membership year : Additional 20,000 bonus reward points on crossing ₹8 lakh annual spends.
Fees & Charges of RBL Icon Mastercard Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹5,000 |
| Annual Fee | ₹5,000 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,250 |
| Over Limit Fee | ₹600 |
| Returned Payment Fee | ₹300 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Annual membership fee of ₹5,000 plus taxes is charged every year; there is currently no spend-based annual fee waiver announced by RBL Bank.
Fee Explanation Finance charges are typically around 3.5% to 3.99% per month on revolving and cash transactions. Cash advances are usually charged at 2.5% of the withdrawn amount (subject to a minimum), late fees are a percentage of total due with a maximum of about ₹1,000–₹1,250, and foreign currency mark-up is around 3.5% of the transaction value.
Detailed Explanation of RBL Icon Mastercard Credit Card Fees
Joining Fee: ₹5,000 + GST (once)
Charged in the first statement after card issuance; required to unlock the full welcome bonus.
Annual / Renewal Fee: ₹5,000 + GST (yearly)
Charged every year; no confirmed spend-based annual fee waiver at present.
Cash Advance Fee: 2.5% of amount (min ₹500 approx.) (per transaction)
Finance charges also apply from the transaction date until full repayment of the cash balance.
Late Payment Fee: Up to ₹1,000–₹1,250 (per statement cycle)
Generally around 15% of total amount due with a minimum and maximum cap as per RBL Bank schedule of charges.
Overlimit Fee: ₹600 (per instance)
Charged when total outstanding exceeds the assigned credit limit.
Foreign Currency Mark-up: 3.5% of transaction value (per transaction)
Applicable on all international transactions after conversion to INR.
Rewards Redemption Fee: ₹99 + GST (per redemption day)
Charged once for all reward redemptions made on a single day.
Fuel Surcharge: 1% surcharge (waiver up to ₹200/month) (monthly)
Valid for fuel transactions between ₹500 and ₹4,000; surcharge reversed up to ₹200 per billing cycle.
Lounge Access Benefits with RBL Icon Mastercard Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Enjoy 2 complimentary domestic lounge visits per quarter at participating airports in India. From 1 July 2025, complimentary visits are available only if you spent at least ₹35,000 in the previous calendar quarter on your Icon Credit Card.
international Lounges
silverVisits per year: 0
Guest access: No
Access to over 1,400 international lounges using the RBL Icon Mastercard. Visits are chargeable, usually up to about US$35 per person per visit, billed to your card as per network terms.
Insurance Coverage with RBL Icon Mastercard Credit Card
Lost Card Liability Protection
Up to applicable credit limit as per RBL Bank policyZero liability for unauthorised transactions post-reporting card loss to RBL Bank, subject to the Cardmember Agreement and timely reporting.
Additional Features of RBL Icon Mastercard Credit Card
Contactless Payments
Tap to pay for eligible POS transactions using Mastercard contactless technology.
Contactless transaction limits and PIN requirements as per RBI and RBL Bank guidelines.
EMI on Purchases
Convert high-value transactions into easy monthly instalments directly through RBL MyCard app or customer care.
Tenure, processing fee and interest rate depend on prevailing RBL Bank offers.
24x7 Concierge Services
Dedicated concierge support for dining reservations, travel planning, events, golf bookings and gifting.
All bookings and services are subject to partner availability and third-party terms.
Fuel Surcharge Waiver
Save on fuel spends at most fuel pumps across India with monthly surcharge reversal.
Valid only on eligible fuel transactions within specified limits and MCCs.
Welcome Bonus with RBL Icon Mastercard Credit Card
Welcome Bonus: 20,000 Reward Points
Bonus Conditions: Make at least one retail purchase within 30 days of card issuance and pay the joining fee by the due date. Welcome reward points are typically credited within around 60 days of card setup, as per RBL Bank policy.
Application Process for RBL Icon Mastercard Credit Card
Processing Time
Up to 20 days after successful KYC and verification
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Visit the official RBL Bank credit card page and select the Icon Credit Card product.
Click on Apply Now and fill in your personal details such as name, mobile number, email, date of birth and city.
Provide employment and income information, including occupation type, monthly income and employer details.
Complete digital KYC as requested by the bank, upload supporting documents and verify your mobile number with OTP.
Wait for RBL Bank to process your application; after approval the card is dispatched and can be activated via the RBL MyCard app or customer care.
Required Documents for RBL Icon Mastercard Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Income Proof
self-employedAccepted documents:
Photograph
allAccepted documents:
RBL Icon Mastercard Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted across retail stores, restaurants, fuel stations, supermarkets, e-commerce platforms, travel portals and other Mastercard-accepting merchants in India.
International Acceptance
Globally accepted at millions of merchants and ATMs on the Mastercard network for shopping, dining and travel.
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for RBL Icon Mastercard Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
750+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹25,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant should be a resident Indian with a stable income profile, clean repayment history, and limited recent credit enquires. Final approval is based on RBL Bank’s internal credit policy and documentation checks.
How Approval Is Decided
- Indian resident aged at least 21 years with stable salaried or self-employed income.
- Minimum income typically around ₹25,000 per month or higher, depending on profile and location.
- Clean repayment history with a CIBIL score of around 750 or higher for best approval chances.
- Satisfactory internal checks by RBL Bank on documentation, credit behaviour and existing obligations.
Pros of RBL Icon Mastercard Credit Card
- High reward rate on weekend dining and international spends compared to regular cards.
- Generous welcome bonus and annual milestone reward structure for heavy spenders.
- Complimentary domestic airport lounge access at major Indian airports.
- Lifestyle benefits such as BookMyShow offers, golf privileges and 24x7 concierge.
- Rewards flexibility with travel, hotel and voucher redemption options.
Cons of RBL Icon Mastercard Credit Card
- High joining and annual fee with no clear annual fee waiver, making it suitable mainly for high spenders.
- Accelerated rewards on dining and international spends are capped per month.
- International lounge visits are chargeable and not complimentary.
- Reward points do not accrue on certain categories such as some utility, wallet load or rent transactions as per bank policy.
- Foreign currency transactions attract a relatively high mark-up fee of around 3.5%.
Frequently Asked Questions about RBL Icon Mastercard Credit Card
What is the joining and annual fee for the RBL Icon Mastercard Credit Card?
The RBL Icon Mastercard Credit Card usually charges a joining fee of ₹5,000 plus taxes and an annual fee of ₹5,000 plus taxes from the second year onwards. There is currently no widely advertised spend-based annual fee waiver, so you should plan to pay the fee each year if you keep the card active.
How does the welcome bonus on the RBL Icon Mastercard Credit Card work?
After your card is issued, make at least one eligible retail purchase within 30 days and pay the joining fee by the due date. Once these conditions are met, RBL Bank credits around 20,000 bonus reward points, typically within about 60 days. The exact timelines and eligibility are governed by the bank’s official terms and conditions.
What reward rate can I expect on the RBL Icon Mastercard Credit Card?
You generally earn 2 reward points per ₹100 on most regular spends and around 20 reward points per ₹100 on eligible international transactions and weekend dining, up to monthly category caps. When redeemed for flights, hotels or vouchers via RBL Rewards, this can translate into attractive value for frequent travellers and diners.
Does the RBL Icon Mastercard Credit Card offer airport lounge access?
Yes. The card offers up to 8 complimentary domestic lounge visits per year, limited to 2 per quarter and linked to a minimum spend requirement of around ₹35,000 in the previous quarter. International lounges can be accessed using the card, but visits are chargeable, usually up to about US$35 per person per visit, as per the lounge and network rules.
Is the RBL Icon Mastercard Credit Card right for me?
The RBL Icon Mastercard Credit Card is best suited for high-income users who frequently dine out on weekends, travel within India, spend on international transactions and enjoy premium lifestyle benefits such as golf, concierge and movie offers. If you are a light spender or want a low-fee card, the high annual fee and reward caps may not justify the cost.
Can I apply for the RBL Icon Mastercard Credit Card online?
Yes. You can apply online via the RBL Bank credit card portal by filling in your personal, employment and income details, submitting KYC documents and completing verification. Many applicants receive instant or near-instant approval decisions, although final approval depends on the bank’s internal credit checks.
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