- Joining fee
₹499 + GST
- Annual fee
₹499 + GST
- Best suited for
Travel, Shopping
- Reward type
NeuCoins
Rewards
- Rewards rate
2% NeuCoins on Spends Made With Tata Neu and Partner Tata Brands. 1% Neu Coins on All Other Eligible Spends, Including UPI (RuPay Variant)
- Welcome benefits
499 NeuCoins
- Reward redemption
NeuCoins are Transferred to the Primary Cardholder’s NeuPass Account. 1 NeuCoin = ₹1
Benefits
- Domestic lounge
1 Free Visit Each Quarter on Spends of ₹50,000 or More in the Previous Quarter
Fees & charges
- Spend-based waiver
Annual Fee Reversed on Spends of ₹1 Lakh
- Foreign currency markup
3.5%
- Interest rates
3.75% Per Month (45% Annually)
- Fuel surcharge waiver
1% Waiver on Fuel Transactions Between ₹500 and ₹4,000
- Cash advance charges
2.5% or a Minimum of ₹500 (Whichever is Higher)
Product highlights
- The Tata Neu Plus SBI Credit Card is most suited for spending on Tata brands.
- Tata Neu SBI Card is available on both Visa and RuPay. Applicants can choose the variant they wish to apply for.
- Earn 2% on Tata spends and an additional 5% on select categories via Tata Neu.
- This co-branded offering even offers spend-based airport lounge access.
Pros & cons
Pros
- This is an ideal card for beginners and Tata loyalists as it comes at a reasonable joining fee and offers great rewards on everyday purchases via Tata Neu.
Cons
- With the Tata Neu Plus SBI Credit Card, users will only be able to access domestic airport lounges on spends of ₹50,000 in the previous quarter.
FAQs
What are the annual charges associated with the Tata Neu Plus SBI Credit Card?
The Tata Neu Plus SBI Card comes at an annual charge of ₹499 + GST.
How much do I need to spend for free airport lounge access with the Tata Neu Plus SBI Credit Card?
Cardholders would need to spend ₹50,000 each quarter to be eligible for free domestic airport lounge access.