Interest-Free Credit Card Cash Withdrawal: Convenience Without Extra Charges

Access interest-free cash withdrawals with our credit card cash withdrawal feature.
Interest-Free Credit Card Cash Withdrawal: Convenience Without Extra Charges
2 min
11 March 2024

When it comes to credit cards, cash withdrawals have often been viewed with a certain degree of scepticism. Why, you wonder? Well, it’s probably because of the high-interest rates and hefty charges that accompany credit card cash withdrawals. But, what if you could enjoy the convenience of credit card cash withdrawals without the extra charges? That’s where the Bajaj Finserv RBL Bank credit card comes in with interest-free credit card cash withdrawals.

Understanding the benefits of interest-free cash withdrawals on credit cards

Interest-free credit card cash withdrawal isn’t a myth but a reality with the RBL Bank credit cards from Bajaj Finserv. This feature allows you to withdraw cash from any ATM across the country without paying any interest for up to 50 days. Only a nominal flat processing charge of 2.5% applies. Enjoy peace of mind knowing you’ll always have access to funds when you need it, thanks to interest-free credit card cash withdrawals. 

Tips for utilising interest-free cash withdrawals responsibly

Like all good things, the interest-free credit card cash withdrawal benefits also come with its own set of responsibilities. Keep these practical tips in mind to utilise this feature prudently:

  • Plan your repayment: Make sure you have a plan to repay the amount withdrawn within the interest-free period.
  • Limit your withdrawals: Use this feature sparingly and only for emergencies. Remember not to make it your go-to method for withdrawing cash.
  • Monitor your spending: Keep close track of your expenditures so you don’t fall into a debt trap.

Benefits of Bajaj Finserv RBL Bank credit cards

The Bajaj Finserv co-branded credit cards with RBL Bank have a host of useful features that go beyond interest-free cash withdrawals. The benefits and offers are manifold. From easy EMI conversion of purchases above Rs. 2,500 and emergency 90-day cash advance to fuel surcharge waivers, free airport lounge access and movie tickets, these cards have it all!

So, why wait? Make this truly versatile financial tool your own and experience the convenience of interest-free credit card cash withdrawal today. Sign up for the Bajaj Finserv RBL credit card.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

Is there a limit on the amount I can withdraw using the interest-free cash withdrawal feature?

The limit on the amount you can withdraw with your Bajaj Finserv RBL Bank credit card is determined by RBL Bank. Usually, the individual’s creditworthiness is considered and the withdrawal limit ranges between 20-40% of the total limit.

Are there any fees associated with interest-free cash withdrawals?

Yes, there is a flat processing fee of 2.5% (Rs. 500 minimum + GST) of the cash amount withdrawn.