Reliance SBI Card
- Joining Fee
- ₹499 + GST
- Renewal Fee
- ₹499 + GST
- Welcome Benefits
- Reliance Retail Vouchers Worth ₹500 & Discount Vouchers of ₹3,200
- Forex Markup
- 3.5% of the Transaction Amount
SBI Card has launched two co-branded shopping credit cards, the basic Reliance SBI Card and the premium Reliance SBI Card PRIME, expanding their shopping credit card options. This card comes at a reasonable joining fee of ₹499 and also has a welcome benefit of Reliance Retail Vouchers worth ₹500 and discount vouchers worth ₹3,200. If you regularly make purchases from Reliance stores, then this credit card is the most suitable one for you, as you will earn 5 Reward Points on purchases made at the Reliance store with this credit card.
Along with an excellent reward structure for retail purchases, you can also take advantage of the milestone benefits in the form of vouchers provided with this card. By making a spend of ₹1 lakh in a year, you can also waive your renewal fee. Keep on reading to find out more benefits of this latest offering by SBI Card.
Rewards and Benefits
- Rewards Rate
- Earn 10 RPs per ₹100 spent on AJIO & JioMart, 5 RPs per ₹100 spent at Other Reliance Retail Stores, 5 RPs per ₹100 spent on Dining & Movies, and 1 RP per ₹100 spent on Other Retail Purchases
- Welcome Benefits
- Reliance Retail Vouchers Worth ₹500 & Discount Vouchers of ₹3,200
- Reward Redemption
- 1 RP = ₹0.25
- Movie & Dining
- N/A
- Travel
- N/A
- Golf
- N/A
- Domestic Lounge
- N/A
- International Lounge
- N/A
- Insurance Benefits
- N/A
- Zero Liability Protection
- Cardholder Will Not Be Liable for Any Fraudulent Transaction if the Card is Reported Lost or Stolen to the Bank in a Timely Manner
Fees and Charges
- Joining Fee
- ₹499 + GST
- Renewal Fee
- ₹499 + GST
- Spend-Based Waiver
- Waiver of Annual Charges on Spends of Rs. 1 Lakh
- Rewards Redemption Fee
- Rs. 99
- Forex Markup
- 3.5% of the Transaction Amount
- Interest Rates
- 3.75% Per Month (45% Annually)
- Fuel Surcharge Waiver
- 1% Waiver on Fuel Transactions Between Rs. 500 to Rs. 4,000
- Cash Advance Charges
- 2.5% or a Minimum of Rs. 500
- Add-on Card Fee
- N/A
Product Details
- This card comes with a joining and annual fee of Rs. 499 + GST.
- You can welcome benefits in the form of Rs. 500 vouchers and other discount vouchers.
- You shall get 5 Reward Points for every Rs. 100 spent on purchases made at Reliance Stores and spends made on dining & movies.
- All other eligible transactions shall get 1 Reward Point for every spend of Rs. 100.
Pros and Cons
Pros
- With this card, you can earn 5 Reward Points for spends made on dining and movies.
- This card has a low and reasonable joining fee of Rs. 499.
Cons
- There are some entry-level cards similar to this one, which also offer lounge access, while this one doesn’t.
- The Reliance SBI Card is mainly beneficial to customers who make regular purchases from Reliance stores.
Reliance SBI Card Features and Benefits
Let’s have a look at the features and benefits of this card in detail.
Welcome Benefits
- Get Reliance Retail Vouchers worth Rs. 500 as a welcome benefit. This is provided on the realization of joining fees.
- You will also receive additional discount vouchers worth Rs. 3,200 to be used at participating Reliance Stores.
Discount Vouchers Worth Rs. 3,200
You will get discount vouchers for the Reliance brands given below. These vouchers will be given to you upon joining fees, and please keep in mind that the final payment has to be made with your Reliance SBI Card.
| Brand Name | Value of Voucher | Minimum Purchase Value |
| Reliance Trends – Apparel and Footwear | Rs. 500 | Rs. 2,499 |
| AJIO | Rs. 250 | Rs. 1,499 |
| Centro | Rs. 500 | Rs. 3,000 |
| Zivame/Clovia | Rs. 300 | Rs. 1,199 |
| Coverstory | Rs. 250 | Rs. 1,499 |
| JioMart | Rs. 100 | Rs. 500 |
| Urban Ladder | Rs. 500 | Rs. 4,999 |
| Netmeds (Online) | Rs. 300 | Rs. 1,499 |
| Fashion Factory | Rs. 500 | Rs. 1,499 |
These vouchers can only be used once.
Reliance SBI Card on UPI
You can also use this credit card on the UPI application of your choice. In India, only RuPay Credit Cards can be linked to the UPI apps. Earn 1 Reward Point at Reliance Retail Stores while making payments with your UPI application.
Discounts & Offers
You can avail of the following discounts with the Reliance SBI Card. To take advantage of these discounts, payment has to be made through the Reliance SBI Card.
| Brand | Instant Discount |
| Reliance Trends – Apparel and Footwear | 5% Up to Rs 250 Per Month |
| AJIO | 5% Up to Rs 250 Per Month |
| Zivame | 5% Up to Rs 250 Maximum Rs. 250 |
| Coverstory | 5% Up to Rs 250 Maximum Rs. 250 |
| Urban Ladder | 5% Up to Rs 250 Per Transaction |
| JioMart | 5% Cashback in JioMart Wallet Up to Rs. 250 Per Month |
Spend-Based Milestone Benefits
Get Reliance Retail Vouchers for participating stores on achieving the annual spends milestone.
| Annual Spends | Value of Reliance Retail Vouchers |
| Rs. 500 | Rs. 25,000 |
| Rs. 750 | Rs. 50,000 |
| Rs. 1,000 | Rs. 80,000 |
Spend-Based Waiver of Annual Fee
Spend ₹1 lakh in a card anniversary for the reversal of annual fees.
Fuel Surcharge Waiver
With this card, you get a 1% fuel surcharge waiver across petrol pumps in India. You would get a waiver for transactions between ₹500 and ₹4,000. A maximum fuel surcharge waiver of ₹100 can be availed in a month (1,200 annually).
Reliance SBI Card Reward Points
- Earn 10 Reward Points per ₹100 spent on AJIO & JioMart (excluding UPI payments)
- Earn 5 Reward Points per ₹100 spent at other Reliance Retail stores (excluding UPI payments)
- Earn 5 Reward Points per ₹100 spent on dining & movies
- Earn 1 Reward Point per ₹100 spent on other retail purchases (excluding fuel, rent payments, and wallet loads)
- The value of 1 Reward Point is ₹0.25
How to Apply for a Reliance SBI Card?
Apply for the Reliance SBI Card with Card Insider. Just click on the Apply Now button on your screen to submit your application for this credit card. Keep a few documents like your PAN Card and Aadhaar Card with you, as they might be needed while you are filling out your application for this new card.
Reliance SBI Card Review
This card seems to be a great entry-level credit card. Users looking for a credit card with low fees and good reward points should definitely opt for this one. Not only will you earn accelerated 5 Reward Points on purchases made at Reliance Stores, but you will also get 5 Reward Points for dining and movie spends. One of the key benefits of this card, which might appeal to many young cardholders, is that since it is a RuPay Credit Card, you can easily link this card to your UPI application and make easy payments.
Will you apply for this latest offering by SBI Card? Tell us your thoughts and views in the comments below.
Frequently Asked Questions
What is the joining fee for Reliance SBI Card?
The Reliance SBI Card comes with a joining fee of Rs. 499 plus applicable taxes.
Do I get airport lounge access with this credit card?
No complimentary lounge access is provided with the Reliance SBI Card.
Reader Comments
7 comments · Join the discussion below
wow new card !!
Only useful for those who often shop at Reliance.
I have a Reliance SBI Card can I get a special discount on Reliance petrol stations or Reliance-affiliated companies? How to exceed the limit?
Nope, no discount on Reliance/Jio petrol pumps. You would need to go for a co-branded fuel credit card for that.
can i eligible for amazon sales online shopping
Most probably not with SBI Co-Branded Credit Cards.
I didn’t receive discount by using reliance store