SBI Card Launches NEW Tata Neu Plus and Infinity Credit Cards

In line with HDFC, SBI Card has launched its own co-branded credit card series with Tata Neu. The new offerings include the SBI Card Tata Neu Plus and the SBI Card Tata Neu Infinity, designed to compete with HDFC Tata Neu offerings and provide savings for consumers.

In mid-April, SBI Card announced the addition of these two rewarding credit cards to its portfolio: the SBI Tata Neu Plus and SBI Tata Neu Infinity Credit Cards. These cards will offer savings and benefits on purchases made with Tata brands and beyond.

Tata is a trusted name in India, which explains the success of HDFC’s Tata Neu credit cards, with over two million issued. With SBI Cards now joining the Tata Neu initiative, it will be interesting to see which issuer provides greater benefits to cardholders on their spending.

Both cards are available in the RuPay and Visa variants.

About Tata Neu Infinity SBI Card

One of the major differences between the HDFC Tata Neu Infinity and the Tata Neu Infinity SBI Credit Card is that the SBI Tata Neu Infinity offers spend-based airport lounge access, while HDFC provides free airport lounge access. This distinction will be a key deciding factor for many. Cardholders would need to spend ₹75,000 in the previous quarter to be eligible for free airport lounge access with the Tata Neu SBI Infinity Credit Card. Here are some additional details about the all-new Tata Neu Infinity SBI Credit Card:

• Joining and annual fee: ₹1,499 + Taxes
• Welcome benefit: 1,499 NeuCoins will be provided, offsetting the fees
• Earn 5% value back as NeuCoins on purchases made through the Tata Neu App/Website and partner Tata Brands.
• Low Forex charge of 1.99%.
• The annual fee is waived on achieving spends of ₹3 lakh each year.

About Tata Neu Plus SBI Card

While the Tata Neu Infinity SBI is a more premium offering, SBI Card also offers a basic Tata Neu Plus Credit Card for everyday users. This card, again like the Infinity SBI Credit Card, shall offer spend-based airport lounge access, which is a major shift from the HDFC Tata Neu Plus Credit Card. Have a look at some of the features of this card below.

• Low and affordable joining charge of ₹499 + GST.
• 499 NeuCoins shall be offered as a welcome benefit upon the realization of joining charges.
• 4 complimentary airport lounge visits on spends of ₹50,000 in the previous quarter.
• Renewal fee waiver on spends of ₹1 lakh in a card anniversary year.

Both the New SBI Credit Cards are identical to the HDFC Tata Neu Credit Cards. 

Bottom Line

From Big Basket to Air India, Tata is not only a name known in households but also one of the most trusted brands in India. Tata Neu is a platform that brings together all Tata services and brands in one place, allowing consumers to shop and save more. With the Tata Neu Co-Branded Credit Cards, users can save significantly on their everyday expenses, whether it’s flights, groceries, hotel bookings, or more.

The recent introduction of the SBI Tata Neu Infinity and Plus Credit Cards gives applicants more choices to find the best option for their needs. Earlier, only HDFC Bank offered Tata Neu Co-Branded Credit Cards.

At first glance, one might think that the SBI Card and HDFC offer similar credit cards; however, a closer look reveals some minor differences between them, such as the airport lounge access requirements associated with the SBI Tata Neu Credit Card series. With the HDFC Tata Neu Cards, there are no spending requirements for airport lounge access, while there is spend spend-based criterion for the SBI Card Tata Neu series.

Both the SBI Tata Neu Infinity and Plus Credit Cards have affordable joining and annual fees of ₹1,499 and ₹499, respectively, excluding taxes. This pricing offers potential cardholders plenty of room to choose between the basic and premium versions, as both can be considered affordable.

Although there are some differences between the two cards, they are largely similar, including their designs.