#14

RBL Nova

Keep

A quarterly-milestone machine: ₹40,000 a year in vouchers, if you can feed it ₹3 lakh a quarter.

RBL Bank·Visa·super-premium
Visa — Visa Infinite — metal card
2.0%
Effective reward rate
₹12,500 + GST
Annual fee
None
Fee waiver

What it's worth to you — net annual value

₹51,500
at ₹1L/month
₹99,500
at ₹3L/month
₹1,47,500
at ₹5L/month

Welcome: ₹12,500 Taj Experiences or Luxe gift card on joining-fee payment — refunds the fee in year one

How these numbers are computed →

Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →

The take

RBL's first genuine points-transfer card arrives swinging. The ₹12,500 metal Visa Infinite opens with a ₹12,500 gift card that wipes the fee in year one, then a quarterly milestone that pays ₹10,000 for every ₹3 lakh you spend in a calendar quarter — up to ₹40,000 a year, roughly 3x the fee. Everyday earn is a flat 2% (4 Reward Points per ₹200 at a genuine ₹1 a point), rising to a headline 6% on flights and hotels booked through RBL's own portal. And unlike the closed-loop points on RBL's older cards, Nova points finally leave the building — 2 points to 1 mile into Air India Maharaja Club, Singapore KrisFlyer, AirAsia and Qatar Avios. The asterisks are real: those 2:1 transfers are worse than simply redeeming at ₹1, the base 2% is ordinary for a ₹12,500 card once the welcome is spent, and the whole thing only sings if you can clear ₹3 lakh every quarter. Hit that bar and funnel your travel through the portal, and Nova is one of the better-value new premium cards of 2026.

What's good

  • ₹12,500 Taj/Luxe welcome gift card refunds the joining fee in year one
  • ₹10,000 gift card every quarter you spend ₹3 lakh — up to ₹40,000 a year
  • 6% value back on flights & hotels via the RBL Nova portal; flat 2% everywhere else
  • Nova points transfer 2:1 to Air India Maharaja, KrisFlyer, AirAsia & Qatar Avios
  • 12 domestic + 12 international lounge visits a year, plus 4 international guest visits

Watch out

  • 2:1 airline transfers (₹0.50/mile) are worse than redeeming points at the flat ₹1 — transfer only for a specific award
  • The ₹40,000 milestone needs ₹3 lakh EVERY calendar quarter (₹12L/year); miss a quarter, lose that ₹10,000
  • Base earn is a flat 2% — ordinary once the year-one welcome is spent
  • 2% forex and no spend-based fee waiver — the ₹12,500 recurs every year

What earns, what doesn't

Nova earns 4 RP/₹200 base and 12 RP/₹200 (6% at ₹1) on flights/hotels via the RBL Nova portal. RBL doesn't publish Nova's MCC exclusion table; the rows below follow RBL's standard exclusions (fuel/rent/government/wallet) — verify. Visa Infinite.

Fuel excluded — No RP; 1% fuel surcharge waiver — RBL standard, community, flag
Rent & property management excluded — Rent (MCC 6513) excluded — RBL standard, community, flag
Government / tax excluded — Government/tax excluded — RBL standard, community, flag
Utilities (electricity/water/gas) not applicable
Insurance not applicable
Education not applicable
Wallet loads excluded — Wallet loads excluded — RBL standard, community, flag
Groceries & supermarkets not applicable
Telecom not applicable
Jewellery / gold not applicable
Forex / international spends not applicable
UPI (RuPay-on-UPI only) not applicable
EMI conversions / merchant EMI not applicable
  • Fuel · excluded No RP; 1% fuel surcharge waiver — RBL standard, community, flag
  • Rent & property management · excluded Rent (MCC 6513) excluded — RBL standard, community, flag
  • Wallet loads · excluded Wallet loads excluded — RBL standard, community, flag
  • Government / tax · excluded Government/tax excluded — RBL standard, community, flag

per RBL Bank T&C (community-sourced) · rank every card by spend category →

Where the miles go

Ratios read card points : partner miles — 2:1 means 2 points become 1 mile. Never the other way round.

Air India Maharaja Club
2:1 up to 7 working days
Air India domestic + Star Alliance premium cabins on the Maharaja chart. Lumière's 1:1 holds the ₹1; Nova's 2:1 halves it — redeem at the flat ₹1 instead unless you need Maharaja specifically.
Singapore Airlines KrisFlyer
2:1 up to 7 working days
KrisFlyer Saver business to SIN and onward to Europe — the marquee route, and where Lumière's 1:1 finally makes these points worth transferring.
AirAsia Rewards
2:1 up to 7 working days
Cheap AirAsia short-haul across Southeast Asia; only compelling at Lumière's 1:1, a top-up at Nova's 2:1.
Qatar Airways Privilege Club (Avios)
2:1 up to 7 working days
Qatar Qsuite business to Doha and beyond via the Avios pool; Lumière's 1:1 makes it a real option, Nova's 2:1 a fallback.
Club ITC
2:1 this card (std 1:1) up to 7 working days
ITC's own grid (2026-07-21): Lumière 1:1, Nova 2:1 — the earlier Lumière-only ruling was wrong. ITC luxury stays via Green Points.

every RBL Bank route, side by side → · the RBL Reward Points (Nova/Lumière) hub →

Lounge access

12/year
Domestic
12/year (Priority Pass)
International
4 international guest visits/year
Guests

Opens 606 of 662 tracked lounge doors across 251 airports — see the full map →

Can you get it?

The cutoffs and the actual route in — not the "apply now" button, the door that opens.

Route Direct application
Income · salaried not published
Income · self-employed not published
Age band not published

Direct application — no invite list, no banking relationship required.

Nova launched on 17 November 2025 as the entry into RBL's new premium line and, per the launch coverage and the product page's application flow, is open to apply — though some early aggregator write-ups tagged it invite-only, so confirm the route when you apply. The ₹12,500 fee has no spend-based waiver; only the year-one welcome gift card offsets it. RBL publishes no separate income or age cutoff for Nova.

RBL Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.

per the official RBL Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the ranking by what you can get →

The fine print

What the MITC actually says — the rates, fees and cutoffs the brochure skips.

Forex markup 2% + GST
APR not published
Late fee not published
Cash advance 2.5%, min ₹500
Add-on card First 2 add-on cards free; ₹3,000 per card beyond 2
Overlimit Nil — RBL levies no overlimit fee on any card
Redemption fee 1 Reward Point = flat ₹1 (travel portal / catalogue); transfer 2:1 to airline partners

Visa Infinite metal card, launched 17 Nov 2025. Fee ₹12,500 + GST, no spend waiver (year-one ₹12,500 welcome gift card offsets it). 2% forex. Quarterly milestone: ₹10,000 gift card per ₹3L spent in a calendar quarter, up to ₹40k/yr. 6% value back on the RBL Nova travel portal, 10% dining savings, complimentary golf. Nova points transfer 2:1 to Air India Maharaja / KrisFlyer / AirAsia / Qatar Avios. Full MITC/KFS not separately machine-read; APR/late-fee slabs follow RBL's card schedule — verify against the bank-wide MITC. RBL publishes no income/age criteria for Nova.

per the official RBL Bank MITC · reviewed 10 Jul 2026

What's changed for this card

Full tracker →

Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to.

  • 1 Jun 2026
    Partner moderate Air India
    AU, YES and IndusInd points open transfers to Maharaja Club
    AU/YES/IndusInd points locked in closed loops Maharaja routes: IndusInd Tiger 1:1 (Pinnacle 2:1, Legend 4:1); AU Zenith+ 3:2, other AU cards 6:1; YES Marquee/Reserv 15:1

    Three banks joined Air India's transfer roster at once — and the ratios are the whole story. The lifetime-free IndusInd Tiger gets the only honest 1:1 (capped 25k/month); AU Zenith+ lands a genuinely good 3:2 that triples what AU points were worth; everything else — Pinnacle 2:1, Legend 4:1, the AU 6:1 crowd, YES at a punitive 15:1 — is a decoy dressed as a partnership.

  • 1 Apr 2026
    Buff moderate Air India
    Maharaja Club gets cheaper awards and faster crediting
    Higher award costs; slow points crediting Domestic awards from 1,500 pts; credited within 2 hours

    A rare buff. Air India's post-merger programme drops domestic award flights to 1,500 points, cabin upgrades to 4,000, credits Star Alliance miles within two hours, and eases Platinum to 60 flights. The transfer target Indian card geeks care about actually got better.

  • 28 Mar 2026
    Devaluation moderate Singapore Airlines KrisFlyer
    KrisFlyer quietly cuts its own dynamic 'Access' award rates
    Access dynamic awards priced as launched in Nov 2025 Access rates cut up to 10.9% (economy/PE), 3.9% (J/F)

    Barely five months after introducing dynamic 'Access' award pricing alongside a broader Saver-chart devaluation, KrisFlyer moved the goalposts again on 28 March 2026 — this time devaluing the dynamic tier itself by up to 10.9% in economy and premium economy. For Indian cardholders funnelling HDFC Infinia, Axis Atlas or ICICI points into KrisFlyer, this is the second haircut in under half a year on the same currency, and it came with the usual zero warning.

  • 10 Jan 2026
    Lounge moderate SBI Card
    SBI Card splits domestic lounges into tiers, adds entry fees
    Uniform domestic lounge list, free swipe-in access Set A/Set B lounge tiers by card, plus ₹2–25 entry charges

    From 10 January 2026, SBI Card sorts its domestic lounge network into a Set A (top cards like Club Vistara SBI Card, Apollo SELECT) and a broader Set B (PRIME, Pulse, Titan SBI Card and others) — and bolts on a non-refundable ₹2 authorization charge plus a ₹25 validation hold on every visit. It's marketed as an expansion since more airports are covered, but the fine print is a two-tier system with new friction at the gate, right after SBI had already pulled complimentary air accident insurance six months earlier.

  • 1 Nov 2025
    Devaluation major Singapore Airlines
    KrisFlyer devalues premium and Star Alliance awards
    Old saver/advantage rates Biz/First Saver +5%, Advantage +15%, Star Alliance +5–12%

    The single most important transfer target for Indian points — HDFC, Axis, Amex and HSBC all feed it — got pricier. Business and First saver awards rise 5% (Zone 10 up to 20%), Advantage awards jump 15%, and Star Alliance redemptions cost 5–12% more. The ₹2/mile sweet spots just got harder to reach.

  • 1 Jul 2025
    Lounge moderate RBL Bank
    RBL gates domestic lounges behind ₹35k a quarter
    Complimentary domestic lounge visits on World Safari, Icon and Platinum Maxima with no spend condition; add-on cards included ₹35,000 of prior-quarter retail spend unlocks the next quarter's visits; add-on cardholders excluded; nothing in the issuance quarter

    RBL joined the spend-gate club: from 1 July 2025, World Safari and Icon holders must put ₹35,000 of retail spend through the card each quarter to keep the next quarter's domestic lounge visits. Add-on cardholders lose access outright, and new cardholders wait out their first quarter at the food court. For World Safari — a card people carry precisely for airports — the free-with-the-fee era is over.

  • 25 Mar 2025
    Fee moderate IndusInd Bank
    IndusInd hikes redemption fee to ₹149, caps cash-outs at 50%
    ₹100 + GST per redemption; full points balance redeemable as statement credit; fractional points on multiplier spends ₹149 + GST per redemption (Avios, Pioneer and EazyDiner cards exempt); cash redemption capped at 50% of balance; fractional accrual gone; points clawed back on unpaid dues

    IndusInd found four ways to shave the same rewards program at once: the redemption toll rose ₹100 to ₹149 + GST, cash redemptions now stop at half your points balance, fractional accrual on multiplier spends quietly ended, and points earned on a statement you don't pay get rescinded. Pinnacle and Legend holders take the full hit; the Avios card — where the points leave for BA and Qatar anyway — is pointedly exempt.

  • 1 Dec 2024
    Launch moderate HSBC
    HSBC TravelOne arrives — a 20-partner airmiles card
    No mainstream HSBC airmiles card in India ₹4,999 card, 4X travel/forex, 1:1 to Avios & KrisFlyer

    HSBC's serious play for Indian miles chasers: 4 points per ₹100 on flights, travel aggregators and forex, and instant 1:1 transfers to British Airways and Qatar Avios plus ~20 airline/hotel partners including KrisFlyer and Air India — all from the app. A genuine sub-₹5k alternative to Atlas. (Welcome-offer window opened 1 Dec 2024.)

Go deeper

Sources

Every fact on this page is checked against these documents — the issuer's own paperwork first. Spot something stale? The PDF wins, and we re-verify.

Spot an error? Report it →