Aditya Birla SBI Credit Card is a Co-branded card issued by the SBI Card, in partnership with Aditya Birla Capital. The card issuer has also launched the Aditya Birla SBI Card SELECT which is the higher version of the Aditya Birla SBI Card. Therefore the card has similar features as the SELECT version but in a limited way. Both the cards offer about the same features but with a different fee. The Aditya Birla SBI Card comes with an Annual Fee of Rs. 499 which is much lower than the SELECT card.
The Aditya Birla SBI Card great offers reward points for every transaction done at Aditya Birla Stores, also across Dining, Entertainment, Hotels, and much more. The card also offers many other benefits like milestones benefits where you can get up to 4,000 reward points based on your spending. Also, the card welcomes you with 2,000 Reward Points. To know more about the card, keep reading the following review on the card:
- Joining Fee- Rs. 499 (plus applicable taxes)
- Renewal Fee- Rs. 499 (plus applicable taxes)
- Best Suited For- Travel | Shopping
- Reward Type- Reward Points
- Welcome Benefits- Activation bonus of 2,000 Rewards Points.
Rewards and Benefits
- Movie & Dining- NA
- Rewards Rate- 10 RP for every Rs. 100 spent on Aditya Birla Stores, 5 Reward Points for every Rs. 100 spent on Dining, Entertainment, and Hotels and 1 Reward Point for every Rs. 200 spent on other categories.
- Reward Redemption- You can redeem the RP’s on sbicard.com or can be used for paying outstanding balance of the credit card, 1 Reward Point = Rs. 0.25
- Travel- NA
- Golf- NA
- Domestic Lounge Access- NA
- International Lounge Access- NA
- Insurance Benefits- NA
- Zero Liability Protection- NA
Fees & Charges
- Spend based Waiver- NA
- Rewards Redemption Fee- Rs. 99 per redemption request
- Foreign Currency Markup- 3.5% on the conversion amount
- Interest Rates- 3.5% per month (42% per annum)
- Fuel Surcharge- 1% surcharge waiver on fuel transactions at all fuel stations across India
- Cash Advance Charge- 2.5% on the transaction amount subject to a minimum charge of Rs 500
- Add-on Card Fee- Nil
Product Details
- As a welcome benefit, you will get 2,000 bonus Rewards Points.
- On every Rs. 100 spent on Aditya Birla Stores, you will get 10 Reward Points.
- 5 Reward Points per Rs. 100 spent on Dining, Entertainment and Hotels.
- For every Rs. 100 spent on other categories, you will get 1 Reward Point.
- Surcharge waiver of 1% on all fuel stations in India.
- 2000 Rewards Points on Annual Spends of Rs 1 Lakh.
- Additional 2000 Rewards Points on Annual Spends of Rs 1.5 Lakh.
Aditya Birla SBI Credit Card Features and Benefits
The Aditya Birla SBI Card offers exciting rewards and benefits across dining, entertainment, shopping, and much more. Following are the features and benefits of this credit card:
Welcome Benefits
This card offers 2000 Rewards Points on successful activation of the card.
Milestone Benefits
On achieving spends of Rs. 1 Lakh or more in an annual year, you will get 2,000 Reward Points. Additional 2,000 Reward Points will be credited to your account if the spends exceed Rs. 1.5 Lakhs in a year.
Fuel Surcharge Waiver
Surcharge waiver of 1% on fuel transactions between Rs. 500 and Rs. 3,000. The surcharge benefit is capped at Rs. 100 per statement cycle.
Aditya Birla SBI Card Rewards:
- 10 Reward Points per Rs 100 spent on Aditya Birla Stores.
- 5 Reward Points per Rs. 100 spent on Dining, Entertainment, and Hotels.
- 1 Reward Point on every Rs. 200 spent on other categories.
Rewards Redemption
The Reward Points that you earn using your Aditya Birla SBI Card SELECT can be redeemed against:
- Gift vouchers/product catalog on sbicard.com or SBI mobile app.
- The card’s outstanding balance via internet banking.
- The value of 1 Reward Point = Rs. 0.25.
Aditya Birla SBI Card SELECT Fees & Charges
- You have to pay a joining and annual fee of Rs. 499.
- The cardholders will be charged a monthly interest rate of 3.5%.
- On all the amount withdrawn using your credit card, you have to pay a fee of 2.5% of the amount withdrawn or Rs. 500, whichever is higher.
- 3.5% of the transaction amount is applicable as forex fee on all foreign currency transactions made using this credit card.
Documents Required
The documents that you will be required or upload or submit while applying for the Aditya Birla SBI Card are:
- Identity Proof – Aadhar card, PAN Card, Voters’ Id, Passport, Driving License, or any government-approved Id.
- Address Proof – Aadhar Card, Utility Bills, Ration Card, Passport, etc.
- Income Proof – latest 3 months’ salary slips, latest 3 months’ bank statement, or latest audited financial report.
Conclusion
The Aditya Birla SBI Card is very similar to the Aditya Birla SBI Card SELECT. The card also offers tons of reward of rewards that will offer you lots of benefits in shopping transactions. You can use these reward points for a wide range of options on the SBI Reward site. The card also offers Reward points on milestone spending and also as a welcome offer, Therefore, if you are a regular customer at Aditya Birla stores then this card is suitable for you as it will offer you tons of reward points and also with a low Annual Fee. What is your opinion on this card? Let us know in the comment section below:
