SBI PULSE Credit Card
Rewards & Benefits
Welcome Benefits
Users will get a Noise ColorFit Pulse 2 Max Smart Watch worth Rs. 5,999 on payment of joining fee. 1 year FITPASS PRO and Netmeds First complimentary memberships on min. one retail transaction in the first year.
Milestone Benefits
Cashback Rate
The value of 1 reward point is Rs. 0.25.
Users will get 10 reward points per Rs.100 spent on Chemist, Pharmacy, Dining and Movies. Effective cashback rate: 2.5%.
2 reward points will be awarded on Rs.100 spent on all other spends. Effective cashback rate: 0.5%.
Up to 5X reward points on dining, grocery, departmental and online spends.
Movie Benefits
Dining Benefits
Other Benefits
Both memberships (FITPASS PRO and Netmeds First) are to be received every year, on card renewal.; Rs 1500 voucher on achieving retail spends of Rs Rs 4 Lakhs in a year.; Complimentary air accident liability cover of Rs Rs 50 Lakhs.; Complimentary credit card fraud liability cover of Rs Rs 1 Lakhs.; 1% fuel surcharge waiver.; Contactless advantage.; Worldwide acceptance.; Balance transfer on EMI.
Lounge Access
Fees & Charges
Joining Fee
Rs. 1,499 + Taxes
Annual Fee
Rs. 1,499 + Taxes
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs
Interest rate
Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.5
Other Fees
Renewal Fee (per annum): Rs. 1,499 + Taxes from second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 2,00,000. | Add-on Fee (per annum): Nil. | Finance charges: Up to 3.50% per month (42% per annum) from the transaction date. | Reward Redemption Fees: Rs. 99/- per redemption.
Cons
The regular reward rate is lower than a lot of other cards in its segment.
Only domestic lounge access is provided. You get a Priority Pass, but you need to pay for each visit at international lounges.
FitPass Pro membership only gets you 12 slots a month, 3 per week, and 1 per day.
The standard membership of the Priority Pass Program is provided only to the primary cardholder of SBI Card PULSE.
Welcome benefit: Users will get a Noise ColorFit Pulse 2 Max Smart Watch worth Rs. 5,999 on payment of joining fee. 1 year FITPASS PRO and Netmeds First complimentary memberships on min. one retail transaction in the first year.
Reward benefit: The value of 1 reward point is Rs. 0.25. Users will get 10 reward points per Rs.100 spent on Chemist, Pharmacy, Dining and Movies. Effective cashback rate: 2.5%. 2 reward points will be awarded on Rs.100 spent on all other spends. Effective cashback rate: 0.5%.
Both memberships (FITPASS PRO and Netmeds First) are to be received every year, on card renewal.
8 domestic lounge access in a year capped to 2 access per quarter.
Priority Pass Membership fees is complimentary for the first two cardholder membership years.
Rs.1500 voucher on achieving retail spends of Rs. 4 lakh in a year.
Complimentary air accident liability cover of Rs. 50 Lakhs.
Complimentary credit card fraud liability cover of Rs.1 lakh.
1% fuel surcharge waiver.
Contactless advantage.
Worldwide acceptance.
Balance transfer on EMI.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
The applicant should have a regular source of income with a minimum annual income of Rs. 2 Lakh.
The applicant should be between 21 and 60 years of age.
The applicant should be a resident of India
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
To apply for the SBI Pulse Credit Card, please follow these steps:
Visit the official website of SBI Card.
Click on the Credit Cards tab.
Select the SBI Pulse Credit Card option.
Click on the Apply Now button.
Fill in the required details, including personal and income information, and upload the necessary documents such as PAN card, Aadhaar card, and income proof.
Once you have submitted your application, it will be reviewed by SBI Card. If your application is approved, you will receive your SBI Pulse Credit Card within a few days
Contact Details
1800 1234
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome benefit: Users will get a Noise ColorFit Pulse 2 Max Smart Watch worth Rs. 5,999 on payment of joining fee. 1 year FITPASS PRO and Netmeds First complimentary memberships on min. one retail transaction in the first year.
Reward benefit: The value of 1 reward point is Rs. 0.25. Users will get 10 reward points per Rs.100 spent on Chemist, Pharmacy, Dining and Movies. Effective cashback rate: 2.5%. 2 reward points will be awarded on Rs.100 spent on all other spends. Effective cashback rate: 0.5%.
Both memberships (FITPASS PRO and Netmeds First) are to be received every year, on card renewal.
8 domestic lounge access in a year capped to 2 access per quarter.
Priority Pass Membership fees is complimentary for the first two cardholder membership years.
Rs.1500 voucher on achieving retail spends of Rs. 4 lakh in a year.
Complimentary air accident liability cover of Rs. 50 Lakhs.
Complimentary credit card fraud liability cover of Rs.1 lakh.
1% fuel surcharge waiver.
Contactless advantage.
Worldwide acceptance.
Balance transfer on EMI.
The regular reward rate is lower than a lot of other cards in its segment.
Only domestic lounge access is provided. You get a Priority Pass, but you need to pay for each visit at international lounges.
FitPass Pro membership only gets you 12 slots a month, 3 per week, and 1 per day.
The standard membership of the Priority Pass Program is provided only to the primary cardholder of SBI Card PULSE.
The SBI Pulse Credit Card is a newly launched credit card that aims to provide its cardholders with exclusive health benefits so that they can manage both their health and wealth together. The card offers a range of benefits, including health benefits, travel privileges, and rewards. However, the card does have some drawbacks, such as a lower regular reward rate and limited lounge access. The fees and charges associated with the card are reasonable, and the application process is straightforward.
The SBI Pulse Credit Card is a newly launched credit card that aims to provide its cardholders with exclusive health benefits so that they can manage both their health and wealth together. The card offers a range of benefits, including health benefits, travel privileges, and rewards. However, the card does have some drawbacks, such as a lower regular reward rate and limited lounge access. The fees and charges associated with the card are reasonable, and the application process is straightforward.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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