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▾RBL Ola Money Credit Card Review
Best for: Ola regulars (cabs, auto, bike taxis, Ola Electric owners using Ola EV charging network).
- 5% on Ola rides and Ola Electric charging
- Welcome Ola credits ₹500
- Ola Select tier perks
- Bundled Ola Prime benefits
- Low fee
- No lounge
- Monthly cashback cap
- Narrow to Ola ecosystem
- Ola's market share declining vs Uber/Rapido
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹500 + GST |
| Renewal fee | ₹500 + GST |
| Finance charge | 3.6% p.m. |
| Cash advance fee | 2.5% (min ₹500) |
| Forex markup | 3.5% |
| Late payment fee | Up to ₹1,300 |
Rewards structure
5% on Ola Cabs, Auto, Bike Taxi, Ola Postpaid, Ola Electric charging (capped ₹200/month). Base 1× on other retail. Welcome Ola credits ₹500.
Key benefits
- 5% on Ola ecosystem (cap ₹200/month)
- Ola Select tier — priority booking, cancellation protection
- Ola Prime discount voucher pack
- 1% fuel surcharge waiver
Who the RBL Ola Money is for
Delhi/Bangalore/Mumbai commuters who take 20+ Ola rides a month. Also useful for Ola Electric scooter owners plugging into charging network.
Final verdict
Niche but functional. If you're Ola-loyal and do not use Uber, this covers the fee. Rapido and Uber users should skip.
FAQ
Does 5% apply to Ola Pro Play or subscriptions?
Ola Prime subscription and one-time ride spends both qualify. Non-ride services (rentals etc.) check category.
Is Ola Postpaid different?
Ola Postpaid is the deferred-payment option; repayments using the RBL Ola Money card qualify for 5%.
Can non-Ola rides earn anything?
Base 1 RP per ₹100 (0.5%) only.
Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.