RBL ShopRite Credit Card
RBL ShopRite: judge the grocery benefits against your spending and renewal cost.
By Ash · Issuer source linked 2 October 2026
Check the issuer’s current card terms, availability and eligibility criteria.
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20 reward points/₹100 on eligible grocery MCCs up to 1,000 accelerated points per billing cycle, then 1 point/₹100 on grocery spend above the cap; each point redeems for up to ₹0.25. Other eligible retail earns 1 point/₹100. Fuel earns no reward points; a separate surcharge waiver applies to eligible ₹500–₹4,000 purchases up to ₹100 per calendar month.
For ₹10,000 of eligible groceries spending in one modelled cycle, the estimate is ₹263 (2.63% after the modelled cap). Treats entered spend as issuer-listed grocery MCCs (5411, 5422, 5441, 5451 or 5499); first 1,000 accelerated points per billing cycle earn 20 points/₹100, then 1 point/₹100. Actual merchant coding and ₹0.25 maximum-value redemption route apply. 1,000 accelerated grocery points per billing cycle, then 1 point/₹100; assumed maximum redemption value ₹0.25/point. Transaction rounding and redemption charges are not included. This example excludes merchant offers, redemption fees, annual milestones and transaction-level rounding. Cap terms: Accelerated rewards may be limited by merchant, transaction or reward period; the earning rules below describe the applicable buckets.
Cardholders who use the benefits listed below and can meet the applicable channel, merchant and spend requirements. Fee-waiver terms: ₹1.5L eligible purchases in the membership year.
The annual fee outweighs the benefits you can actually use, or your main spending falls outside the eligible merchants or categories.
Illustrative maximum catalogue value of ₹0.25/point, not statement cashback. Assumes eligible retail MCCs; point rounding and redemption charges are not modelled.
Treats entered spend as issuer-listed grocery MCCs (5411, 5422, 5441, 5451 or 5499); first 1,000 accelerated points per billing cycle earn 20 points/₹100, then 1 point/₹100. Actual merchant coding and ₹0.25 maximum-value redemption route apply.
20 reward points/₹100 on eligible grocery MCCs up to 1,000 accelerated points per billing cycle, then 1 point/₹100 on grocery spend above the cap; each point redeems for up to ₹0.25. Other eligible retail earns 1 point/₹100. Fuel earns no reward points; a separate surcharge waiver applies to eligible ₹500–₹4,000 purchases up to ₹100 per calendar month.
PROS
- Grocery reward applies to eligible online and in-store grocery MCCs
- Up to 5% value back before the monthly points cap
- ₹1.5L eligible annual-fee waiver threshold
CONS
- Only first 1,000 monthly grocery points earn at 20 points/₹100; then 1 point/₹100
- Reward value depends on redemption and points are not direct cash
- Fuel, utility, and other listed categories are excluded from reward points
- Published earn rules: 20 reward points/₹100 on eligible grocery MCCs up to 1,000 accelerated points per billing cycle, then 1 point/₹100 on grocery spend above the cap; each point redeems for up to ₹0.25. Other eligible retail earns 1 point/₹100. Fuel earns no reward points; a separate surcharge waiver applies to eligible ₹500–₹4,000 purchases up to ₹100 per calendar month.
- Redemption choice: 20 reward points/₹100 on eligible grocery MCCs up to 1,000 accelerated points per billing cycle, then 1 point/₹100 on grocery spend above the cap; each point redeems for up to ₹0.25. Other eligible retail earns 1 point/₹100. Fuel earns no reward points; a separate surcharge waiver applies to eligible ₹500–₹4,000 purchases up to ₹100 per calendar month.
- Renewal decision: Listed annual fee: ₹500 before applicable tax. ₹1.5L eligible purchases in the membership year. Compare this cost with rewards you can redeem; a fee waiver is not itself a reward.
Only first 1,000 monthly grocery points earn at 20 points/₹100; then 1 point/₹100. Reward value depends on redemption and points are not direct cash. Fuel, utility, and other listed categories are excluded from reward points
How does RBL ShopRite earn rewards?
20 reward points/₹100 on eligible grocery MCCs up to 1,000 accelerated points per billing cycle, then 1 point/₹100 on grocery spend above the cap; each point redeems for up to ₹0.25. Other eligible retail earns 1 point/₹100. Fuel earns no reward points; a separate surcharge waiver applies to eligible ₹500–₹4,000 purchases up to ₹100 per calendar month.
Are points and cashback the same?
20 reward points/₹100 on eligible grocery MCCs up to 1,000 accelerated points per billing cycle, then 1 point/₹100 on grocery spend above the cap; each point redeems for up to ₹0.25. Other eligible retail earns 1 point/₹100. Fuel earns no reward points; a separate surcharge waiver applies to eligible ₹500–₹4,000 purchases up to ₹100 per calendar month.
What should I compare before renewing?
The published fee, applicable tax, waiver conditions and the benefits you use. ₹1.5L eligible purchases in the membership year. Exclude unused vouchers and promotional offers from your baseline.