By Divya Shokeen
Updated On September 21, 2021

While looking for an entry-level credit card “Mumbai Metro SBI Card” launched by SBI Cards stands out to be the most rewarding card under this category. On this card you can earn reward points on three categories namely; top-up, selected category (movies, dining, grocery, etc.), and other categories. It comes with a joining fee of Rs. 499. This card offers you exclusive welcome benefits and an auto top-up facility. For more details about the features and offerings of this card, kindly read below.

Mumbai Metro SBI Card

Best Suited For

Shopping |

Joining Fee

₹ 499

Reward Type

Reward Points |

Product Details

  • The joining fee of Mumbai Metro SBI Card is ₹ 499.
  • As welcome benefits, get 2000 reward points on spending ₹ 2,000 within 60 days and a preloaded value of ₹ 50 on your card.
  • Enjoy the auto top-up of ₹ 200 facility on reaching balance at ₹ 50.
  • 10 reward points on every ₹ 100 spent on top-up.
  • 10 reward points on every ₹ 100 spent on dining, movies, grocery and departmental stores (up to 5000 RPs in a month).
  • 1 reward points on every ₹ 100 spent on other categories.

Rewards and Benefits

Welcome Benefits

Get Rs. 50 as preloaded value on Mumbai Metro SBI Card. Get 2000 reward points on spending ₹ 2,000 within 60 days of card issuance.

Movie & Dining

NA

Rewards Rate

Earn 10 reward points on every ₹ 100 spent on top-up. Earn 10 reward points on every ₹ 100 spent on dining, movies, grocery and departmental stores (up to 5000 RPs in a month). Earn 1 reward points on every ₹ 100 spent on other categories.

Reward Redemption

Redeem reward points for paying outstanding balance, e-vouchers, gifts, purchasing electronics, homeware, accessories, lifestyle products, Disney+ Hotstar Premium memberships, livemint subscription and more. 1 RP = Rs. 0.25.

Travel

NA

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

NA

Fees & Charges

Joining Fee

₹ 499

Renewal Fee

₹ 499

Spend based Waiver

Waiver of renewal fee on spending Rs. 1,00,000 in the previous year.

Rewards Redemption Fee

₹ 99 (on gifts, cash redemption & specific vouchers only)

Rewards Redemption Fee

₹ 99 (on gifts, cash redemption & specific vouchers only)

Foreign Currency Markup

3.5%

Interest Rates

3.50% p.m. (42% p.a.)

Fuel Surcharge

Avail 1% fuel surcharge waiver at all petrol pumps in India on transactions between ₹ 500 – ₹ 3000. Maximum limit of fuel surcharge waiver is capped at ₹ 100.

Cash Advance Charge

2.5% of the advance amount (minimum of Rs. 500)

Add-on Card Fee

Nil

Mumbai Metro SBI Card Rewards

  • On the Mumbai Metro SBI Card, you can earn 10 reward points on every ₹ 100 spent on top-up. The cap limit on this category is set up to 5000 reward points, on achieving the cap limit you start earning 1 reward point afterward in that month.
  • You can earn 10 reward points on every ₹ 100 spent on dining, movies, grocery, and departmental stores (up to 5000 RPs in a month). When the cap limit is achieved, you earn 1 reward point on every Rs. 100 spent in that month.
  • You can earn 1 reward point on every ₹ 100 spent on other categories.

Welcome benefits:

  • On joining, you get a preloaded value of Rs. 50 as a welcome benefit.
  • You also get 2000 reward points on spending ₹ 2000 within 60 days of receiving the card.

Reward redemption:

  • On Mumbai Metro SBI Card, you can easily redeem your accumulated reward points for purchasing e-vouchers, gifts, electronics, homeware, accessories, lifestyle products, and more.
  • You can also utilize your reward points against purchasing Disney+ Hotstar Membership, Livemint subscription, and ShemarooMe Premium Membership.
  • You can redeem your reward points as cash redemption for paying the outstanding balances.
  • 1 Reward Point is equivalent to Rs. 0.25.

Other Benefits:

  • You get the waiver of the renewal fee on spending 1 lakhs in the previous year on the Mumbai Metro SBI Card.

Conclusion

Mumbai Metro SBI Card is a decent card that comes with an accelerated reward rate on specific categories. The auto top-up facility makes your shopping experience more rewarding with this card as you don’t have to worry about the low balance and you earn 10x reward points on every top-up. Apart from this you also earn 10x reward points on spending Rs. 100 on movies, dining, groceries, and departmental stores. On this card, you can earn up to 5000 reward points in a month on the selected categories, on reaching the cap limit, you start earning reward points on a base rate afterward in that month. This card makes your shopping experience more rewarding as you can redeem your collected reward points for purchasing gifts, e-vouchers, homeware, Disney+ Hotstar premium membership, Livemint subscription, and more.
If you’re an existing cardholder, do share your experience in the comment section and what do you think is there any change that needs to be incorporated in this card?

FAQs:

Unfortunately, SBI Bank as of now doesn’t provide any travel benefits on Mumbai Metro SBI Credit Card.

For this, you must have spent 1 lakhs in the previous year which will enable you to enjoy the waiver of the renewal fee in the subsequent year.

SBI Bank on this card charges 3.5% foreign currency mark-up charges on the conversion amount.

SBI Bank on this card charges an interest of 3.50% per month.

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