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With a Bajaj Finserv RBL Bank SuperCard, you get a wide range of benefits such as rewards on eligible expenses, discounts, offers and more. In addition to these general advantages, you can also benefit from the cash withdrawal facility on your Bajaj Finserv RBL Bank SuperCard. 

 

That said, you will have to pay the required Bajaj Finserv RBL Bank SuperCard cash withdrawal charges as per the terms and conditions in force. Get to know what the cash withdrawal charges on Bajaj Finserv RBL Bank SuperCards are, so you can effectively account for these expenses.

Cash Withdrawal Charges on Bajaj Finserv BBL Bank SuperCard

When you use your Bajaj Finserv RBL Bank SuperCard to withdraw cash, a cash advance transaction fee is levied. This fee is 2.5% of the cash amount withdrawn, subject to a minimum ₹500, plus GST.

 

Get the following benefits:

  • Unlimited interest-free cash withdrawals from ATMs anywhere in India, up to your billing date (subject to a maximum of 50 days)

  • Nominal interest at rates up to 3.99% per month on the amount of cash withdrawn (after the interest-free period)

Difference between Credit Card Cash Withdrawal Limit and Credit Limit

The cash withdrawal limit on your Bajaj Finserv RBL Bank SuperCard is different from the credit limit on the card. The credit limit is the maximum amount of credit available on the credit card. This limit is predefined by the credit card issuer at the time of issuing your card, and you can make purchases and payments up till this limit during a billing cycle. 

 

If you exceed the credit limit on your Bajaj Finserv RBL Bank SuperCard and make purchases or payments beyond the limit available, you will have to pay over-limit fees of ₹600 + GST. 

 

The cash limit, on the other hand, is the maximum amount of cash that you can withdraw using your Bajaj Finserv RBL Bank SuperCard. This limit is generally a percentage of your overall credit limit. For example, if your total credit limit is ₹1,00,000 and your cash limit is 40% of your credit limit, you can withdraw up to ₹40,000 using the credit card

Advantages & Disadvantages of Credit Card Cash Withdrawal 

The cash withdrawal feature offered by your Bajaj Finserv RBL Bank SuperCard comes with various advantages, including:

  • Instant cash available to meet emergency financial requirements 

  • Interest-free withdrawals up to your billing date, subject to a maximum of 50 days

  • Nominal cash withdrawal charges on Bajaj Finserv RBL Bank SuperCards

  • No approval or documentation required to avail the cash withdrawal facility 

That said, there are also some downsides that you need to be aware of before you utilise this feature. The flip side includes the following aspects:

 

  • Interest charges levied after the interest-free period

  • No rewards or reward points on the cash advances made

FAQs on Bajaj Finserv RBL Bank SuperCard Cash Withdrawal

How much cash can I withdraw using my Bajaj Finserv RBL Bank SuperCard?

You can withdraw cash up to the cash limit on your Bajaj Finserv RBL Bank SuperCard. This limit is generally a percentage of the total credit limit, and it will vary from one credit card holder to another.

What are the charges levied on cash withdrawals made using the Bajaj Finserv RBL Bank SuperCard?

The Bajaj Finserv RBL Bank SuperCard cash withdrawal charges amount to 2.5% of the cash withdrawn, subject to a minimum of ₹500 (plus GST).

Do I have to pay interest on the amount of cash withdrawn using the Bajaj Finserv RBL Bank SuperCard?

You get unlimited interest-free cash withdrawals up to the cash limit on your Bajaj Finserv RBL Bank SuperCard, up to your cash limit. This feature is valid up to your billing date (subject to a maximum period of 50 days). After this period, you will have to pay interest at the Annual Percentage Rate (APR) applicable on your credit card.

Is the cash limit same as the credit limit on my Bajaj Finserv RBL Bank SuperCard?

No, the credit limit is the maximum amount of credit available on your Bajaj Finserv RBL Bank SuperCard, while the cash limit is the maximum amount of cash you can withdraw using your credit card. The cash limit is fixed as a percentage of the credit limit on your Bajaj Finserv RBL Bank SuperCard.

Will I earn any reward points or offers on the amount of cash withdrawn using the Bajaj Finance RBL Bank SuperCard?

No, there are no rewards or offers on the cash withdrawals made using your Bajaj Finserv RBL Bank SuperCard.

In a regular credit card, the cash limit can be used for merchant transactions, how is the Bajaj Finance RBL Bank SuperCard different?

Bajaj Finserv RBL Bank SuperCards offer a unique feature, where in case of urgent cash requirement/cash crunch, low-cost advance on cash limit at 1.16% per month with no processing fee. You can avail loan under this offer once a year and the amount that you can convert is dependent on bank policies. You have to return the amount in 3 equal monthly instalments.

How safe is my Bajaj Finserv RBL Bank Credit Card from online fraud?

Bajaj Finserv RBL Bank Credit Card comes with a feature called ‘InControl'. Through this feature and through the RBL MyCard app, you can be in full control of security and change PIN, block card, toggle controls like online or ATM access, etc.

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