SBI Card PULSE
SBI
Dining rewardspriority:lounge domesticFuel surcharge waiver
₹1,499
Joining fee
₹1,499, waived at ₹2L spend
Annual fee
3.5%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹35,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 700+
Estimated — not officially confirmed by the bank.
Reward details
2 reward points per Rs 100 on all other purchases
- 10 reward points per Rs 100 on Chemists and pharmacies
- 10 reward points per Rs 100 on Sports, dining and movies
Welcome bonus: Noise ColorFit Pulse 4 Pro Smartwatch (Rs 7,999 value)
- Rs 4 lakh annual spend: Rs 1,500 Netmeds voucher
Redemption
Ratio: 1 point = Rs 0.25
Excluded from rewards: balance transfers, cash advances, ATM withdrawals, fuel pump purchases, e-wallet loading, disputed transactions, finance charges
- Complimentary FITPASS PRO membership (max 12 sessions/month)
- Complimentary Netmeds First membership (auto-renewed)
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Welcome benefit (smartwatch) exceeds the joining fee in value — Paisabazaar
- Auto-renewed memberships add ongoing value — Paisabazaar
- Low annual-fee-waiver threshold — Paisabazaar
Complaints
- Annual fee described as 'slightly high' — Paisabazaar
- Low redemption value — Paisabazaar
- No medical insurance included — Paisabazaar
- Milestone spending threshold (Rs 4 lakh) described as high — Paisabazaar
- Limited lifestyle benefits overall — Paisabazaar
Sources
- Official (not independently verified) — not separately fetched/verified in this pass — figures drawn entirely from aggregator
- Aggregator — fees, lounge, rewards, sentiment