Bajaj Finserv Co-branded Credit Cards in India

The SuperCards comes with a host of benefits like never before.
A complete guide on Bajaj Finserv Co-Branded Credit Cards
5 min read
28th October 2023

A credit card is a promising payment option as it offers quick and easy access to credit and hassle-free pay-back options. It simply works on a buy now pay later concept. So, you can buy a product right away and pay later. You either have the option to convert the cost into EMIs or pay in full as per your billing cycle. From buying home appliances to paying utility bills, credit cards help you cover all your daily expenses efficiently. Also, they allow the freedom to own an expensive product even when you do not have adequate cash at that moment. But that is not the only benefit the card offers.

These days, credit cards come with a host of offers like reward points, cashback, discounts, welcome bonuses, complementary services, and much more. You can even use some credit cards as debit cards for cash withdrawals and even take an emergency loan with your credit limit. With the range of Bajaj Finserv co-brand credit cards with RBL, you can get all of this and more.

What is a Co-Branded Credit Card?

A co-branded credit card is a financial product created through a partnership between a credit card company and a specific brand, typically a retailer, airline, or hotel chain. These cards offer unique benefits such as discounts, loyalty points, or exclusive offers tied to the partnering brand. They are an excellent choice for consumers who are frequent customers of the associated brand, as they can capitalize on tailored rewards and perks while building their credit history.

How Co-Branded Cards work?

Co-branded credit cards are issued by a credit card company, such as Visa or Mastercard, in partnership with a business or organization. These cards offer certain incentives, such as rewards points or cashback, to customers who use them for purchases made at the partner company.

The credit card company and the brand outline the terms of the partnership, determining the benefits and rewards associated with the card. In order to qualify for a co-branded credit card, you typically need to have a good credit score. Once approved, cardholders enjoy these unique advantages whenever they make purchases, encouraging brand loyalty and increasing card usage.

Benefits of owning a Co-branded Credit Card in India

Co-branded credit cards are a popular choice for Indians looking for a credit card that offers a range of benefits. Here are some of the top benefits of owning a co-branded credit card in India:

  • Exclusive discounts and offers at partner merchants.
  • Customised reward programs that cater to the customer's preferences and lifestyle.
  • Instant reward points that can be redeemed for products and services.
  • Enhanced security features, including fraud protection and 24/7 customer support.
  • Complimentary services such as airport lounge access, hotel room upgrades, and travel insurance.
  • Cashback on various categories such as dining, fuel, shopping, bill payment and more.
  • Affordable annual fee and low interest rates.

Benefits of Bajaj Finserv co-branded credit cards

The Bajaj Finserv RBL Bank credit cards offers a diverse range of benefits. While these may vary depending on the card variant, some of the common advantages across all variants include:­

  • Welcome rewards: As the name hints, you will receive the reward points as soon as your card is issued. Essentially, these rewards come complimentary, which you can redeem for booking flights, hotels, shopping, and many other services. These rewards can help you save substantially. For instance, you could combine your 2000 welcome rewards with the additional points that you earn over time and use it for significant purchases.
  • Accelerated points: One of the interesting benefits of using the Bajaj Finserv RBL Bank SuperCard is the high reward points on every online purchase. With some variants, the points can be as high as 20X. You can use these reward points to pay for anything from your flight tickets to shopping to booking hotels. This helps you save a substantial money over time. For instance, if you use your credit card to purchase small and significant items and collect points for a month or so. Eventually, you can redeem the points for buying expensive purchases.
  • Easy EMI conversion: This is one of the most basic facilities that come with a credit card. The Bajaj Finserv RBL Bank SuperCard lets you can convert purchases of Rs. 2,500 and above into easy and affordable EMIs payable over a tenure of your choice.
  • Interest-free cash withdrawal: Whenever you are short on cash, you may withdraw interest-free money from any ATM for up to 50 days. The card will charge only a small 2.5% of the cash amount (minimum Rs. 500) + GST. The maximum amount you can withdraw depends on your card type and available credit limit.
  • Complimentary airport lounge access: Flights being a common mode of commuting these days, you may need to access a lounge sometime or the other. These lounge access can be costly but if you have the Bajaj Finserv RBL Bank SuperCard, you can access them for free. You can do so eight times a year for international and domestic flights.
  • Easy emergency advance: Consider this as a loan. If you are in dire need, the card comes as a saviour. When the need occurs, you do not have to run around figuring out a loan. You can take an emergency loan using your card. Simply opt for converting your available cash limit into a personal loan for 3 months at an interest rate of 1.16% per month and zero processing fee.

Bajaj Finserv RBL Bank SuperCard Variants

There are a total of 16 Bajaj Finserv RBL Bank SuperCard variants. Among all of them, we have listed the best variants that are well suited for people with medium to high household expenses, frequent flyers, movie buffs, and regular shoppers.

Platinum Choice SuperCard

The Bajaj Finserv RBL Bank Platinum Choice SuperCard offers the convenience to pay for all your everyday expenses. Its value-added features such as emergency cash advance, interest-free cash withdrawals, easy EMI conversion of bills, 2X rewards on spends, and annual fee waiver, the Platinum Choice SuperCard enables you to save more in the long run. Apart from these features, you also get 2,000 welcome reward points, a monthly fuel surcharge waiver, and BookMyShow movie ticket offers. This credit card is a must-have for shoppers and customers who love a theatrical experience.

Binge SuperCard

This one-of-a-kind SuperCard comes with the power of 4 cards in 1. It can be used as a loan card, EMI card, debit card, and credit card. The Bajaj Finserv RBL Bank Binge SuperCard is an ideal match for the ones looking to shop for home appliances, gadgets, and more. The credit card offers 12X rewards for all your online You also get complementary airport lounge access and BookMyShow movie ticket offer and more.

Binge SuperCard First-Year-Free

This SuperCard comes with zero joining fee. The credit card also offers an annual fee waiver on yearly spending above Rs. 1 lakh. With the Binge SuperCard – First-Year-Free you get 2 complimentary domestic airport lounge access, 12X rewards on all online spends, fuel surcharge waiver, interest-free cash withdrawal, emergency cash advance, and easy EMI bill conversion. Moreover, you also get a free BookMyShow movie ticket every month.

Platinum Plus SuperCard

The Bajaj Finserv RBL Bank Platinum Plus SuperCard is a great choice for domestic travellers. The credit card provides complimentary access to 2 domestic airport lounges in a year. Along with that, the card also offers free movie tickets via BookMyShow, waivers of fuel surcharge fees, 4,000 welcome reward points, multiple rewards for online and offline spends, and annual savings of up to Rs. 9,499. The Platinum Plus SuperCard provides a variety of financial services, including an emergency cash advance against your cash limit, interest-free cash withdrawals at ATMs, and hassle-free EMI conversion.

Platinum Plus SuperCard FYF

The Platinum Plus SuperCard – First-Year-Free is one of the best credit cards in the market that comes with no joining fee and an annual card fee waiver. The card also allows you to save up to Rs. 8,499 annually. The credit card provides complimentary access to domestic airport lounges, monthly free movie tickets, fuel surcharge waivers, 2X rewards on all online spends, and more. In addition to the simple EMI conversion facility, the Bajaj Finserv Platinum Plus SuperCard – First-Year-Free comes with industry-first features such as interest-free ATM cash withdrawals and an emergency cash advance for 3 months.

Now that you have a fair idea of the range of Bajaj Finserv RBL Bank SuperCards, you can apply for the same in a few easy steps.

Eligibility to apply for a Co-branded Credit Card

Here are some key eligibility criteria for applying for a co-branded credit card:

  • Age: Must be at least 18 years old.
  • Credit score: Need to have a good credit score indicating good creditworthiness
  • Employment status: Should be salaried or self-employed.
  • Documents: Need to provide identification, address, and income proof documents as required by the bank.

Documents Required to Apply for a Co-branded Credit Card

Applying for a co-branded credit card requires a few necessary documents that need to be submitted along with the application form. Here are the primary documents required:

  • Identity proof- Aadhaar card, PAN card or passport.
  • Once the KYC is completed, the required documents for financial and income details like Income tax returns, salary statement, etc.
  • Address proof - electricity or water bill, bank statement, Aadhaar Card, Passport, etc.
  • Passport size photographs.
  • Age proof - Aadhaar, PAN, passport, etc.

Step-by-step guide to how to apply for the Bajaj Finserv Co-Branded Credit Cards

  1. Enter your 10-digit mobile number and click on ‘APPLY’.
  2. Verify the OTP sent to your phone.
  3. Fill in the application form with your basic details such as your gender, full name, PAN, date of birth, residential address, and email ID.
  4. Click on ‘PROCEED’ to know your approved credit card offer and card limit.
  5. In case you do not have an offer, we will record your interest and notify you when an offer is available.
  6. If you have an offer, your credit limit will be displayed on the screen.
  7. Click on ‘GET IT NOW’ and enter your mother’s name, father’s name, and residential address.
  8. Now click on ‘PROCEED’ and enter the OTP sent to your phone to validate the application.
  9. Select ‘YES’ for E-KYC and click on ‘PROCEED’.
  10. After your application is successfully submitted, you will be redirected to the RBL Bank’s website for further verification and approval.

After your KYC verification, your card will be sent to your residential address within 5 to 7 working days.

Note: The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

What are the eligibility criteria for applying for a Bajaj Finserv co-branded credit card?

You must be an Indian citizen between 21 years and 70 years with a regular source of income and a CIBIL of 720 or more.

Is it easy to get Bajaj Finserv co-branded credit cards?

As long as you meet the eligibility, getting the Bajaj Finserv co-branded credit cards is easy. You can apply online in a few steps to get a credit card.

What is the purpose of having a co-branded credit card?

Credit cards come with a host of benefits. Bajaj Finserv co-branded credit cards offer benefits like high reward points, welcome bonuses, cash back, rewards on online and offline spends, exclusive discounts, and easy EMI Conversion. With a few variants, you can even withdraw cash or take an emergency loan.

What is the difference between branded and co-branded credit cards?

Branded credit cards are issued by a bank or a financial institution under their name and may offer rewards or perks to the user. On the other hand, co-branded credit cards are issued in partnership with a specific brand or company, offering exclusive rewards and benefits to cardholders based on their partnership agreement.

Is it easy to get co-branded credit cards?

Getting a co-branded credit card can be relatively easy or challenging depending on the specific card and the issuer's requirements. Co-branded credit cards are often marketed to people who use the partnering brand frequently or have a strong affinity towards it. So, if you are a regular customer of a particular brand or company, you may be able to qualify for their co-branded credit card more easily.

How to apply for a Bajaj Finserv co-branded credit card?

Applying for a Bajaj Finserv co-branded credit card is easy. First, choose a co-branded credit card from the Bajaj Finserv website, then click on ‘Apply Online’ and enter your mobile number. After entering the OTP sent to your mobile number, check if you have any credit card offers, and if you do, you can choose to avail them or request a call back from Bajaj Finserv representatives. From there, the representatives will guide you through the application process and help you complete the necessary documentation.

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