- Joining fee
Rs. 499 + GST
- Annual fee
Rs. 499 + GST
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
3x Reward Points on Apollo Services, 2x Reward Points on dining, movies, and entertainment, 1 Reward Point on every Rs. 100 spent on all other spends.
- Welcome benefits
500 Reward Points and complimentary Apollo Gold Tier Membership
- Reward redemption
They can only be redeemed to avail services at Apollo Healthcare Centers and related stores.
Benefits
- Movie & dining
2x Reward Points while spending on dining and movie related spends.
Fees & charges
- Spend-based waiver
Waiver of renewal fee on the spending of Rs. 1 Lakh or more in the previous year.
- Rewards redemption fee
Rs. 99
- Foreign currency markup
3.5% on all international transactions
- Interest rates
3.5% per month (or 42% annually)
- Fuel surcharge waiver
1% at all fuel stations in India. Surcharge amount is capped at Rs. 100 in a month.
- Cash advance charges
2.5% of the amount or Rs. 500, higher of the two
Product highlights
- 3x Reward Points while spending on Apollo services.
- 2x Reward Points while spending on movies, dining, and entertainment.
- 10% Instant Discount at Select Apollo Services.
- Complimentary Apollo Gold Tier Membership.
- 1% fuel surcharge waiver at all fuel stations.
FAQs
What is the annual fee charged on the Apollo SBI Card?
You are charged an annual fee of Rs. 499 plus applicable taxes.
Does this card provide a fuel surcharge waiver?
Yes, the Apollo SBI Card does provide a fuel surcharge waiver of 1% on all transactions between Rs. 500 and Rs. 3,000. (the waiver will be subjected to a maximum of Rs. 100 per month)
What are the welcome benefits that you get with this credit card?
You get additional reward points worth Rs. 500 and Apollo Gold Tier Membership.
Can you redeem the reward points on SBI Card’s Rewards Catalogue?
No, the points earned cannot be redeemed on SBI Card’s Reward Catalogue. The earned points can only be redeemed to avail services at Apollo Healthcare Centers and related stores.
What is the monetary value of the reward points?
The monetary value of the reward points that you earn with the SBI Apollo Credit Card is 1 RP = Re. 1.
Can the renwal fee of the Apollo SBI Card be waived off?
Yes, the joining fee of Rs. 499 of the Apollo SBI Card can be waived off if the cardholder spends an amount of Rs 1 Lakh or more using his credit card in an anniversary year.
Is this credit card suitable for shopping as well?
Yes, this credit card is suitable for shopping as well as this credit card provides you with reward points on your shopping spends as well which can be redeemed later. But it would be better if you execute your medical expenses through this credit card as it will help you in earning better reward points.