Bajaj Finserv RBL Bank SuperCard is more than just a credit card. The SuperCard, as the name suggests, is loaded with super features that not only takes care of your everyday cash needs, but is also a dependable financial friend in an emergency. The innovative and industry-first features of this SuperCard make it stand out from other credit cards in the market.
Here’s a look at some of the features differentiating the SuperCard from othr credit cards:
Cash withdrawal from ATMs
There may be circumstances, where you need to swipe your credit card at ATMs to withdraw cash. However, note that unlike using the card at a point of sale such as hotels or shops where you get an interest-free period to repay the amount, the rules are different when you use a credit card to withdraw money from ATMs.
The moment you withdraw money using a credit card from ATMs, you must pay an interest on the amount withdrawn. Additionally, there is a transaction fee levied each time you use your credit card at ATMs. The transaction fee also attracts a service charge. Hence, you could end up paying hefty charges on withdrawing money from ATMs using your credit card.
However, there is no interest levied upon withdrawing money from ATMs using Bajaj Finserv RBL Bank SuperCard for up to 50 days. There’s just a flat processing fee of 2.5%. Thus, you need not worry about incurring high charges for using your SuperCard at ATMs. The amount you can withdraw depends on the bank policies.
Avail an Emergency Loan
There are occasions where you need to avail an emergency loan. Though personal loans are available in the market, they attract relatively higher interest rates, as they’re an unsecured mode of finance. Also, you need to visit the office of the financial institution from where you wish to borrow, submit the relevant documents, and undergo the scrutiny process. Here is where Bajaj Finserv RBL Bank SuperCard comes to your aid.
As a SuperCard holder, you get a pre-approved limit. When required, you can convert this limit into an interest-free personal loan and get instant cash up to 90 days. Only a flat 2.5% processing fee is charged. The entire process of converting the limit into a loan is fast and hassle-free. You can do so with the SuperCard mobile app. There’s no need to visit a branch and make a personal application. You can use this feature once a year.
Easy EMI options
Repayment is one of the prime concerns, after you’ve availed a personal loan. Repaying the personal loan availed through Bajaj Finserv RBL Bank SuperCard, is extremely easy. You can repay the loan in 3 EMIs. As only a flat 2.5% processing fee is charged, the EMIs are competitive and affordable. Thus, you don’t have to dip into your savings and impinge on other financial goals while repaying the loan.
These innovative industry-first features make Bajaj Finserv RBL Bank SuperCard one of the most powerful credit cards in the market.