SBI PULSE Credit Card Benefits, Rewards and Fees
31 Dec 2024 6 mins Credit Cards
The SBI PULSE Credit Card is a one-stop solution for fitness enthusiasts, travelers, and those seeking rewarding lifestyle benefits. Packed with exclusive features, this card is designed to enhance your financial experience while keeping your wellness and convenience in mind.
1. Introduction
Are you looking for a credit card that offers more than just payment flexibility? The SBI PULSE Credit Card combines financial benefits with health and lifestyle perks, making it an ideal choice for individuals who value both rewards and wellness.
2. Welcome Benefits
One of the standout features of the SBI PULSE Credit Card is its exciting welcome gift. On paying the joining fee, you receive a Noise ColorFit Pulse 2 Max Smart Watch worth Rs. 5,999. It’s a perfect companion for tracking your fitness goals and monitoring your health metrics.
3. SBI PULSE Credit Card Benefits
This card offers a range of features tailored to your lifestyle needs. Let’s explore some of the top SBI PULSE Credit Card benefits:
Health Perks
FITPASS PRO Membership: Complimentary access to gyms and fitness centers nationwide.
Netmeds First Membership: Exclusive discounts and priority services on medicine purchases.
These memberships are renewed annually upon card renewal.
Reward Points
Earn 10 Reward Points per Rs. 100 spent on categories like dining, movies, sports, and pharmacies.
Earn 2 Reward Points per Rs. 100 on all other spends.
Redeem your reward points to offset your card balance or choose from a wide array of gifts.
Travel Benefits
Complimentary Lounge Access: Enjoy 8 domestic lounge visits per year (capped at 2 visits per quarter).
Priority Pass Membership: Get free membership for the first two years, providing access to international lounges.
4. Milestone Rewards
The SBI PULSE Credit Card benefits don’t stop at rewards and health perks. Achieve specific spending thresholds to unlock additional benefits:
Spend Rs. 2 lakhs annually and enjoy a renewal fee waiver.
Spend Rs. 4 lakhs annually to receive a Rs. 1,500 e-voucher.
5. SBI Card PULSE Fees and Charges
Fee Type | Details |
SBI Card Pulse Annual Fee | Rs. 1,499 + taxes. |
Renewal Fee | Rs. 1,499 + taxes (waived if annual spends exceed Rs. 2 lakhs). |
Add-on Card Fee | None. |
Understanding the fees associated with the SBI PULSE Credit Card is crucial:
SBI Card Pulse Annual Fee: Rs. 1,499 + taxes.
Renewal Fee: Rs. 1,499 + taxes (waived if annual spends exceed Rs. 2 lakhs).
Add-on Card Fee: None.
Other charges include a 1% fuel surcharge waiver and standard interest rates for overdue payments. For detailed information, refer to the card’s terms and conditions.
6. SBI Card Pulse Eligibility
Criteria | Details |
Age | Applicants must be between 21 and 65 years. |
Income | Stable income as per the bank’s requirements. |
Credit Score | A good credit history enhances approval chances. |
To apply for the SBI PULSE Credit Card, you must meet these basic eligibility criteria:
Age: Applicants must be between 21 and 65 years.
Income: Stable income as per the bank’s requirements.
Credit Score: A good credit history enhances your approval chances.
Documentation such as proof of identity, address, and income is required during the application process.
7. Comprehensive Insurance Coverage
The SBI PULSE Credit Card benefits include extensive insurance coverage:
Air Accident Insurance: Coverage of up to Rs. 50 lakhs.
Fraud Liability Cover: Protection against unauthorized transactions up to Rs. 1 lakh, valid for 48 hours before and 7 days after reporting the loss.
8. Fuel Surcharge Waiver
Save on fuel transactions with a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000. The maximum waiver is capped at Rs. 250 per statement cycle.
9. Contactless Payments
Thanks to VISA PayWave technology, the SBI PULSE Credit Card enables secure and hassle-free tap-and-go payments. The card remains in your hand during transactions, reducing the risk of loss or fraud.
10. Worldwide Acceptance
Use your SBI PULSE Credit Card at over 24 million outlets worldwide, including 3.25 lakh outlets in India. Whether shopping locally or traveling internationally, this card ensures seamless transactions.
11. Add-on Cards for Family Members
Empower your family with the benefits of the SBI PULSE Credit Card. Add-on cards can be issued for your spouse, parents, children, or siblings (aged 18+), allowing them to enjoy the same perks.
12. Flexible EMI Options
Large purchases are easier to manage with Flexipay. Convert transactions of Rs. 2,500 or more into EMIs through the SBI Card portal within 30 days of purchase.
13. Balance Transfer on EMI
Pay off outstanding balances on other credit cards by transferring them to your SBI PULSE Credit Card. This feature offers a lower interest rate and flexible repayment options.
14. Why Choose the SBI PULSE Credit Card?
The SBI PULSE Credit Card benefits, coupled with its low annual fees and exclusive rewards, make it a valuable choice for health-conscious individuals and frequent travelers. The card’s extensive reward system, milestone benefits, and comprehensive insurance coverage ensure you get the most out of your spending.
Conclusion
The SBI PULSE Credit Card is an excellent blend of financial flexibility, health benefits, and lifestyle rewards. With its affordable annual fees, robust insurance cover, and attractive rewards program, it caters to diverse spending needs. Whether you’re a fitness enthusiast, a traveler, or someone who loves earning rewards, this card is worth considering.
FAQs
1. What is the annual fee for the SBI PULSE Credit Card?
The SBI Card Pulse Annual Fee is Rs. 1,499 + taxes.
2. How can I qualify for the renewal fee waiver?
You can waive the renewal fee by spending Rs. 2 lakhs or more in the previous year.
3. What are the key health benefits of the SBI PULSE Credit Card?
The card offers complimentary FITPASS PRO and Netmeds First memberships annually.
4. What charges apply to add-on cards?
There are no additional fees for add-on cards with the SBI PULSE Credit Card.
5. How do I redeem reward points?
Reward points can be redeemed to offset outstanding balances or for a variety of gifts from the rewards catalog.
Find the Best Credit Card for your spending habits. Explore top credit cards and maximize your rewards.
Get a Personal Loan that fits your needs. Apply for loans from Rs 1000 to Rs 15 Lakhs with competitive rates.
Author - Abhishek Sonawane
Abhishek Sonawane, an MBA graduate from the prestigious Indian Institute of Management Visakhapatnam (IIMV), brings over ten years of experience in the finance domain. His extensive background includes various roles in financial management and strategy, providing him with a comprehensive understanding of the financial landscape. Abhishek’s expertise and dedication to financial education make him an authoritative voice in personal finance, helping readers make informed financial decisions.