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COFFERCards. Points. Value.
IndiGo SBI Card
SBI Card

IndiGo SBI Card

Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate

Premium · Open to new applications · Earns point

First-year fee

₹1,499 + GST

Annual fee

₹1,499 + GST

What it gives back

1 point per ₹100 · everyday spends

Read from 9 SBI Card documents, last checked 19 Oct 2026.

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Our calculation

1% value back

Every ₹1,00,000 spent at this rate earns about 1,000 points, worth about ₹1,000 at the value SBI Card states for a point.

SBI Card's rate: “1 point per ₹100 spent on all other spends, 3 on IndiGo App/ Web, 2 on Hotel/ Lodging and Travel MCCs, as IndiGo BluChips” Proof
The bank’s words

“Earn 3 IndiGo BluChips per ` 100 spent on IndiGo App/ Web b. Accelerated Category 2 (MCC based): Earn 2 IndiGo BluChips per ` 100 spent on Hotel/ Lodging and Travel MCCs c. Base Category: Earn 1 IndiGo BluChip per ` 100 spent on all other spends [...] Note: Points to be transferred to the customer's IndiGo BluChip account on every statement cycle.”

SBI Card's point value: “1 IndiGo BluChip = 1 Reward Point = ₹1 when adjusted as a statement debit” Proof
The bank’s words

“In case of a scenario where reward points transferred to the customer's IBC loyalty account are required to be adjusted as a statement debit then the conversion value of such points shall be: 1 IndiGo BluChip = 1 Reward Point = INR 1.”

How it compares

Compared with the cards we have read

₹1,499 annual fee: of the 273 other open cards whose annual fee we have read, 187 state a lower one, 13 state the same and 73 state a higher one.

3.5% forex markup: of the 291 other open cards whose forex markup we have read, 103 state a lower one and 188 state the same.

1% value back by our calculation: of the 49 other open cards we can work this out for, 45 return less, 2 return the same and 2 return more.

Fees

  • Renewal feeJoining fee

    ₹1,499 + GST

  • Add-on card fee

    ₹0

  • Fee waiver rule

    Not offered

Welcome offer

  • Welcome benefit

    2,500 IndiGo BluChips Voucher post Annual Fee payment and first transaction within 60 days of account opening

Rewards

  • Reward rate

    1 point per ₹100 · everyday spends1 point per ₹100 spent on all other spends, 3 on IndiGo App/ Web, 2 on Hotel/ Lodging and Travel MCCs, as IndiGo BluChips.

  • Fuel earning

    IndiGo BluChips can not be earned on fuel spends.

  • Online earning

    Earn 3 IndiGo BluChips per ₹100 spent on IndiGo App/ Web.

  • Reward exclusions

    Utility, Govt Transactions, Rental, Fuel, Gaming, Cross-Sell and Insurance MCCs.

  • Catalogue redemption

    1 IndiGo BluChip = 1 Reward Point = ₹1 when adjusted as a statement debit.

  • Flight redemption

    IndiGo BluChips can be redeemed only on airfare of flights that are marketed and operated by IndiGo

  • Voucher and product redemption

    IndiGo BluChips earned in bulk (Welcome, Renewal & Milestones) will be issued as Vouchers redeemable at IndiGo's ecosystem.

  • Airline and hotel partners points may move to

    IndiGo BluChips will be auto-credited to the card holder's IndiGo BluChip Account on every statement cycle.

  • Points transfer redemption

    All IndiGo BluChips transfer are final and cannot be reversed or refunded.

  • Point expiry

    IndiGo BluChips do not expire until there is at least one earn or burn within a span of 2 years

Card benefits

  • Domestic lounge access

    4 Domestic Airport Lounge visits in a year (max. 1 visit per quarter) on spends of ₹50,000 in the last quarter.

  • Milestone benefits

    2,500 IndiGo BluChips Voucher on spends of ₹2 lakhs, 4 lakhs & 6 lakhs each.

  • Renewal benefit

    2,500 IndiGo BluChips Voucher post Annual Fee payment.

Also included

  • Fuel surcharge waiver

    1% Fuel Surcharge Waiver for each transaction between ₹500 and ₹4,000.

  • Lost card liability

    Covers up to ₹1,00,000 of financial loss incurred due to fraudulent usage of your Credit Card

  • Add-on card eligibility

    Add-on cards for parents, spouse, children or siblings above the age of 18.

  • Balance transfer terms

    Transfer outstanding balances of other banks’ credit cards to your IndiGo SBI Card at a lower interest rate and repay in easy EMIs.

  • Purchase to EMI conversion

    Flexipay EMI: convert eligible purchases into easy monthly EMIs.

Charges

  • Forex markup

    3.5% on foreign currency transactions.

  • Dynamic currency conversion markup

    3.5%3.5% on transactions ≥ ₹1,000 in Indian currency at an international location or at merchants in India but registered overseas

  • Cash advance fee

    2.5% or ₹500 whichever is higher (domestic & international ATMs)

  • Cash advance interest

    Free credit period Nil on cash advances; finance charges 3.75% p.m. (45% p.a.) for unsecured cards, applicable from the date of cash withdrawal

  • Cash withdrawal limit

    Max. ₹15,000 per day on ATM withdrawals, subject to Cash Advance Limit availability

  • Interest on unpaid balance

    3.75% p.m. (45% p.a.) for unsecured cards; 2.75% p.m. (33% p.a.) for Shaurya, Defence Cards and Secured cards.

  • Interest-free period

    20–50 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full)

  • Late payment fee

    From Nil (amount due ₹0 to ₹100) to ₹1,300 (amount due above ₹50,000)

  • Over-limit fee

    2.5% of Overlimit Amount (min ₹600)

  • Payment return or dishonour fee

    2% of payment amount (min ₹500)

  • Card replacement fee

    ₹100 - ₹250

  • Cash payment / cash deposit fee

    ₹250

  • Cheque payment / dishonour fee

    ₹200

  • Education / school fee charge

    Fee on Education Payments^ : W.e.f 1st Nov 2025, 1% of the transaction amount applicable on Education Payments made through third-party apps

  • Foreign ATM fee

    International ATMs: 2.5% of transaction amount, subject to a minimum of ₹500

  • Wallet load charge

    Fee on Wallet Load^^^ : W.e.f 1st Nov 2025, 1% of the transaction amount. Applicable on every wallet load transaction exceeding ₹1,000

  • Fuel transaction fee

    Petrol & all products/services sold at petrol pumps: 1% of transaction amount + all applicable taxes; fuel surcharge is levied by the acquiring bank providing the terminal to the merchant

  • Rent transaction fee

    ₹199

  • Utility transaction fee

    If the sum of all Utility Payments in a billing cycle exceeds ₹50,000, then a Utility Payments Fee of 1% will be charged on the total amount of Utility payments made in that billing cycle.

  • GST note

    Integrated Tax @ 18%

  • Grace days after the due date

    Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s)

  • Minimum amount due

    Total GST + EMI amount + 100% of Fees / Charges + 5% of [Finance charge (if any) + Retail Spends and Cash Advance (if any)] + Overlimit Amount (if any); in case 5% of (finance charge + retail spends and cash advance) is less than finance charges then Total GST + EMI amount + 100% of Fees / Charges + 100% of finance charges + Overlimit Amount (if any)

In the terms, not the brochure (4)

  • Spend that unlocks lounge visits in the next period

    Minimum eligible spend of ₹50,000 in the previous calendar quarter

  • What happens to unredeemed points if the card is closed

    IndiGo BluChips accumulated on his / her SBI Card can be redeemed within 30 days of closure, otherwise these will automatically lapse

  • Whether carrying a balance ends the interest-free period

    Interest free credit period is suspended if any balance of the previous month's bill is outstanding.

  • What must be paid with the card for the cover to apply

    Credit Card is protected against misuse for up to 3 days prior to the first report of the event and up to 7 days post reporting of the event

How we know - 9 documents from SBI Card, checked 19 Oct 2026

9 documents from SBI Card, checked 19 Oct 2026.

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