Understanding the Duet Credit Card Revolution

The Indian credit card market is experiencing remarkable growth, with digitisation driving new consumer spending patterns. According to RBI data, BNPL services have gained significant traction among younger demographics, creating demand for innovative financial products. A co-branded product by RBL Bank and Paisabazaar, the Duet credit card addresses this need by offering a unique solution that combines traditional credit card benefits with Buy Now, Pay Later functionality, which allows you to withdraw cash to your bank account.

This dual-structure approach helps users manage different types of spending more effectively while maintaining clear financial boundaries.

How the Duet Credit Card Structure Works

The Duet credit card operates on a distinctive dual credit line system that separates regular spending from BNPL purchases. Unlike traditional credit cards that offer a single credit limit, this card provides two independent credit lines within one product.

Regular Credit Line Features

The regular credit line functions like a standard credit card, allowing users to make everyday purchases, pay bills, and withdraw cash. This line offers the flexibility of minimum payments and revolving credit, making it suitable for routine expenses and emergencies.

BNPL Credit Line Benefits

The BNPL credit line is specifically designed for instalment purchases, offering predetermined repayment schedules. This separation helps users avoid mixing regular expenses with planned purchases, providing better expense tracking and financial discipline.

Managing Repayments and Rewards

Here’s how Duet credit cards manage repayments and rewards:

Repayment Structure

Each credit line on the Duet credit card has its own repayment schedule and minimum payment requirements. The regular credit line follows traditional credit card repayment cycles, while the BNPL line operates on fixed instalment schedules. Users can manage both lines individually, making separate payments for each credit line using UPI, net banking, or debit cards.

Rewards and Benefits

The Duet credit card offers cashback and discount programs across both credit lines. Users can earn rewards on regular purchases while also benefiting from BNPL-specific offers.

Eligibility and Application

The Duet credit card application process requires standard documentation, including income proof, identity verification, and credit score assessment. Eligibility criteria typically include minimum age requirements, income thresholds, and satisfactory credit history.

Comparing Credit Options

Making the Right Choice

The Duet credit card offers a comprehensive solution for users who want both traditional credit card flexibility and BNPL convenience. Its dual structure addresses the growing need for financial products that adapt to modern spending patterns while maintaining clear expense management. For users comfortable with digital financial services, this card provides the tools needed to manage diverse spending requirements through a single platform.

If you’re exploring flexible credit options like the Duet Card without any high or hidden charges, the Airtel Finance Credit Card and Airtel Finance Bajaj Finserv Insta EMI Card offer excellent alternatives with instant approvals, EMI conversion, and cashback on everyday spending, all managed easily via the Airtel Thanks app. These cards combine smart credit access with convenience, making them ideal for digital-first users.

FAQs

1. What makes the Duet credit card different from regular credit cards?

The Duet credit card offers dual credit lines, separating regular spending from BNPL purchases, providing better financial management and expense tracking.

2. What happens if I miss a payment on either credit line?

Late payment charges apply separately to each line. Missing BNPL instalments affect your BNPL credit line, while a regular credit line has its own penalty structure.

3. Can I use both credit lines simultaneously?

Yes, you can use both the regular and BNPL credit lines independently, each with its own limits and repayment schedules.

4. What are the eligibility criteria for the Duet credit card?

Eligibility requirements include age, income, and credit score, which can be verified during the application process.

5. How do I track my spending across both credit lines?

A Duet Credit Card provides consolidated tracking for both credit lines, showing balances, transactions, and available credit for each line separately.