If you’re considering a premium credit card with fantastic rewards, here’s a detailed comparison of two top contenders: the RBL Insignia Preferred Banking World Card and the IDFC Mayura Credit Card. Both cards offer unique benefits, so let’s dive into the details and see which one suits your needs!
Key Features Comparison
| Feature | RBL Bank Insignia Preferred Banking World Card | IDFC Mayura Credit Card |
|---|---|---|
| Annual Fee | Nil for Insignia Preferred Customers | ₹5,999 + GST |
| Reward Rate | 5 RPs/₹100 (Domestic) | 10X RPs/₹150 (Spends > ₹20,000) |
| 10 RPs/₹100 (International) | 5X RPs/₹150 (Spends ≤ ₹20,000) | |
| Welcome Benefits | 28,000 RPs (with annual fee) | 5,000 RPs + ₹4,000 Cashback (T&C apply) |
| Lounge Access | 8 Domestic + 6 International | 16 Domestic + 16 International |
| Golf Privileges | 4 Free Rounds/Year + 1 Golf Lesson/Month | 2 Free Rounds/Month + 2 Lessons/Month |
| Forex Markup Charges | 1.5% | Nil |
1. RBL Insignia Preferred Banking World Card
Best for:
- RBL Preferred Banking customers who want exclusive perks
- Frequent international travelers who want higher rewards for international spending
- Access to luxury benefits like golf privileges and lounge access
- Dining perks: Discounts at top restaurants through EazyDiner Prime
Key Advantages:
- Lounge Access: 8 domestic + 6 international visits per year
- Golf: 4 rounds + 1 lesson every month
- Reward Points: 10 RPs per ₹100 spent internationally
2. IDFC Mayura Credit Card
Best for:
- Regular spenders looking for higher rewards on monthly expenses
- Travel enthusiasts who need zero forex charges
- Movie lovers looking for Buy One Get One (BOGO) offers on tickets
Key Advantages:
- Lounge Access: 16 domestic + 16 international visits per year
- Zero Forex Markup: Ideal for international travelers
- Reward Points: 10X RPs on spends > ₹20,000 and 5X on spends ≤ ₹20,000
- Golf: 2 rounds + 2 lessons every month
Additional Benefits
For the RBL Insignia Preferred Banking Card:
- 28,000 RPs as a welcome benefit (for first-time fee-paying cardholders).
- ₹500 off on movie tickets through BookMyShow.
For the IDFC Mayura Credit Card:
- 5,000 RPs as a welcome benefit + up to ₹4,000 cashback (when making 4 transactions of ₹1,000 or more within the first 60 days).
- BOGO offers for movie tickets through BookMyShow.
Which Card Should You Choose?
- Choose RBL Insignia if you’re a frequent international traveler and a high spender, with luxe benefits like golf and exclusive access to lounges.
- Choose IDFC Mayura if you want zero forex charges, higher rewards on regular spending, more lounge access, and love movie deals.