General |
Brand | SBI Bank |
Best Suited For | Fuel |
Welcome Benefits | 6,000 bonus reward points worth Rs. 1500 |
Spend Based Waiver | Next year's renewal fee waived on annual expenditure of Rs. 2 lakh. |
Fee and Charges |
Joining fee | Rs. 1,499 + GST |
Renewal Fee | Rs. 1,499 + GST |
Interest Rate | 3.5% per month (42% per annum) |
Foreign Currency Markup | 3.5% of the transaction amount |
Cash Advance Charges | 2.5% of the withdrawn amount (subject to a minimum charge of Rs. 500) |
Add-on Card Fee | Nil |
Rewards Redemption Fee | Rs. 99 (plus applicable taxes) per redemption request. |
Movie & Dining |
Movie & Dining | 10x reward points for every Rs. 100 you spend on dining and movie tickets. |
Travel |
Domestic Lounge Access | 4 complimentary access to domestic lounges every year (1 per quarter). |
International Lounge Access | N/A |
Fuel Surcharge | 1% fuel surcharge waiver on transactions up to Rs. 4,000 (max waiver of Rs. 100 in a month) |
Other travel benefits | |
Shopping |
Rewards Rate | 25 reward points for every Rs. 100 spends at BPCL fuel stations (reward rate = 6.25%), 10 RPs for every Rs. 100 spends on groceries, departmental stores, and movie ticket purchases (reward rate = 2.5%), and 1 reward point for every Rs. 100 spent for all other expenditures (reward rate = 0.25%) except mobile wallet uploads and fuel purchases at non-BPCL stations. |
Rewards Redemption | |
Insurance and protection |
Insurance Benefits | N/A |
Zero Liability Protection | No liability to the cardholder if the loss of the card is reported to the bank within stipulated time. |
Golf |
Golf | N/A |