How to read my RBL Bank credit card statement
Girish Sarangi
Asked 19 Apr 2026
I just received my first RBL Bank credit card statement. Can someone explain the key sections — total amount due, minimum due, billing cycle, and grace period?
2 Answers
Credit score impact: each hard inquiry (which happens on card application) drops your score by 5-15 points temporarily. Applying for 3 cards in 2 months is fine IF you get all 3 approved. If 2 get rejected, you've taken a hit with nothing to show for it. Apply smart, not fast.
The 'minimum due' trap is real. Banks love it because they charge ~36-42% interest on the carried-forward amount. If you can't pay the full bill this month, pay at least 50% — anything below that and the interest eats the rewards of the next 6 months.
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