Tata Neu Infinity SBI Card

Renewal feeJoining fee

₹1,499 + GST₹1,499 + taxes from second year onwards

Fee waiver rule

Fee waived if you spend ₹3 lakhs.

Add-on card fee

₹0

Welcome benefit

Get 1,499 NeuCoins (1 NeuCoin = Re. 1 savings) within 15 days of Joining Fee realisation.

Reward rate

1.5% cashback · everyday spends1.5% Value Back as NeuCoins on other spends, including UPI transactions

Online earning

5% Value Back as NeuCoins on non-EMI spends at the Tata Neu App / Website and partner Tata brands.

What one reward unit is worthCatalogue redemption

1 NeuCoin = Re. 1 savings.

International lounge access

4 complimentary international airport lounge accesses per year (1 per quarter)

Domestic lounge access

8 domestic airport lounge accesses/every year (2 per quarter, applicable on achieving ₹75,000 spends in previous quarter)

Priority Pass

Complimentary membership to the Priority Pass Program worth $99; valid for 2 years only

Fuel surcharge waiver

Enjoy a 1% fuel surcharge waiver on every transaction between ₹500 and ₹4,000 at all petrol pumps across India.

Add-on card eligibility

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

Balance transfer terms

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

Purchase to EMI conversion

Convert eligible purchases into easy monthly EMIs, applicable on transactions of ₹2,500 or more.

Forex markup

1.99% on foreign currency transactions.1.99% on international usage

Dynamic currency conversion markup

1.99%1.99% on transactions greater than or equal to Rs.1,000

Cash advance fee

2.5% of transaction amount (subject to a minimum of ₹500) at SBI/Other Domestic ATMs; 2.5% of transaction amount (subject to a minimum of ₹500) at International ATMs

Cash withdrawal limit

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

Interest on unpaid balance

The current rate of finance charges is upto 3.75% per month [45% per annum] from the transaction date and is subject to change at the discretion of SBI Cards & Payment Services Limited (SBICPSL).

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

Nil to ₹1,300

Over-limit fee

2.5% of Overlimit Amount (subject to a minimum of ₹600)

Payment return or dishonour fee

2% of Payment amount (subject to a minimum of ₹500)

Card replacement fee

₹100 - ₹250

Cash payment / cash deposit fee

₹250

Cheque payment / dishonour fee

₹200

Education / school fee charge

1% of the transaction amount applicable on Education Payments made through third-party apps.

Foreign ATM fee

2.5% of transaction amount (subject to a minimum of ₹500)

Wallet load charge

1% of the transaction amount. Applicable on every wallet load transaction exceeding ₹1,000.

What the card's fee or benefit year means

Annual fee reversal counts Net Retail Spends (retail spends minus reversals) on eligible transactions during the 365 days immediately preceding the annual fee billing date

Fuel transaction fee

1% of transaction amount + all applicable taxes

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

GST rate of 18%

Grace days after the due date

Grace period of 3 days is allowed from the payment due date on credit card accounts.

Minimum amount due

Minimum Amount Due shall be 100% of GST + 100% of EMI amount + 100% of Fees/Charges +100% of finance charges+ Overlimit Amount (if any) + 2% of remaining balance outstanding.