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SBI Card

Tata Neu Plus 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 cashback

First-year fee

₹499 to join.

Annual fee

₹499 a year.

What it gives back

1% cashback · everyday spends

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

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How it compares

Compared with the cards we have read

₹499 annual fee: of the 273 other open cards whose annual fee we have read, 100 state a lower one, 25 state the same and 148 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.

Fees

  • Renewal fee

    ₹499 a year.

  • Joining fee

    ₹499 to join.

  • Fee waiver rule

    Fee waived if you spend ₹1 Lakh.

  • Add-on card fee

    ₹0Nil

Welcome offer

  • Welcome benefit

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

Rewards

  • Reward rate

    1% cashback · everyday spends1% Value Back as NeuCoins on other spends, including UPI transactions

  • Online earning

    2% Value Back as NeuCoins on Non-EMI spends at the Tata Neu App/Website and partner Tata brands.

  • What one reward unit is worth

    1 NeuCoin = Re. 1 savings.

  • Catalogue redemption

    1 NeuCoin = Re.1 savings.

Card benefits

  • Domestic lounge access

    4 domestic airport lounge accesses every year (1 per quarter, applicable on achieving ₹50.000 spends in previous quarter)

Also included

  • Fuel surcharge waiver

    1% fuel surcharge waiver on every transaction between ₹500 and ₹4,000 at all petrol pumps across India; maximum waiver of ₹250 per statement cycle

  • Add-on card eligibility

    Absolutely free Add-on SBI Credit Card 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.

Charges

  • Forex markup

    3.5% on foreign currency transactions.

  • Dynamic currency conversion markup

    3.5%3.5% on transactions greater than or equal to Rs.1,000

  • Cash advance fee

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

  • 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.

  • 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) at International ATMs

  • 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

  • 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, where payments are not overdue from previous billing cycle (s)

  • 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.

Eligibility

  • Documents required

    Fill the application form and submit the KYC documents.

In the terms, not the brochure

  • Whether carrying a balance ends the interest-free period

    With outstanding balance from previous months, finance charges are levied on retail spends till the payment date

How we know

9 documents from SBI Card, checked 19 Oct 2026.

On these lists

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₹499 a year

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