By Bharti Bisht
Updated On June 21, 2022

The SBI Card Pulse is a newly launched Credit Card that is aimed at providing its customers with exclusive health benefits so that they can manage both their health and wealth together. It comes with a joining fee of Rs. 1,500 and welcomes you with an exclusive complimentary smartwatch worth Rs. 5,000. Moreover, you get complimentary Fitpass Pro & Netmeds First membership that gets renewed every year when you pay the annual fee. Talking about its reward program, it earns you 2 Reward Points on every Rs. 100 you spend and 5x Reward Points on a few selected categories. These Reward Points can be redeemed against an array of categories and even against your statement balance.

Other than the health benefits, the card comes with exciting travel privileges. You get complimentary access to domestic airport lounges and free Priority Pass membership for the first two years. On achieving the spend milestone, you get an e-gift voucher worth Rs. 1,500 and you can also get the renewal membership fee waived on the basis of your total annual spends. Other benefits of the card include air accident insurance cover, travel insurance covers, fuel surcharge waiver, zero liability protection against a lost card, etc. To get detailed information about the features of the SBI Pulse Credit Card, keep reading:

sbi card pulse credit card

Best Suited For

Shopping |

Joining Fee

Rs. 1,499 (plus applicable taxes)

Reward Type

Reward Points |

Product Details

  • Complimentary Noise ColorFit Pulse Smart Watch as a welcome gift.
  • Complimentary FitPass Pro membership.
  • Complimentary Netmeds First membership.
  • 10 Reward Points on every health-related spend of Rs. 100 & on movies & dining.
  • 2 Reward Points on every other spend of Rs. 100.
  • Complimentary Priority Pass membership for the first two years.
  • Complimentary airport lounge access at selected Indian airports.
  • Get e-gift vouchers worth Rs. 1,500 every year on achieving the milestone spend.
  • Spend-based waiver of the renewal membership fee.
  • Air accident insurance coverage worth Rs. 50 lakhs.

Rewards and Benefits

Welcome Benefits

A Noise ColorFit Pulse Smart Watch worth Rs. 5,000, complimentary Fitpass Pro membership, and complimentary Netmeds First membership.

Movie & Dining


Rewards Rate

10 Reward Points on every Rs. 100 spent on Pharmacy, Chemist, movie & dining and 2 RPs on every Rs. 100 spent elsewhere.

Reward Redemption

The Reward points can be redeemed against a host of options on the Rewards catalogue or against statement balance at a rate of 1 RP = Re. 0.25.


Get complimentary domestic lounge access and Priority Pass membership.



Domestic Lounge Access

2 complimentary domestic lounge access every quarter.

International Lounge Access


Insurance Benefits

Get an air accident cover worth Rs. 50 lakhs, zero liability cover worth Rs. 1 lakh, and other travel insurance covers, including lost baggage, delayed baggage, loss of travel documents, etc.

Zero Liability Protection

The cardholder is not liable for any fraudulent transactions made on a lost/stolen card once the loss is reported to the bank.

Fees & Charges

Joining Fee

Rs. 1,499 (plus applicable taxes)

Renewal Fee

Rs. 1,499 (plus applicable taxes)

Spend based Waiver

The renewal fee is waived off on spending Rs. 2 lakhs or more in the previous year.

Rewards Redemption Fee

Rs. 100 on each redemption request

Rewards Redemption Fee

Rs. 100 on each redemption request

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.50% per month (42% per annum)

Fuel Surcharge

1% fuel surcharge waiver for all fuel transactions between Rs. 500 and Rs. 4,000.

Cash Advance Charge

2.5% of the cash amount subject to a minimum of Rs. 500

Add-on Card Fee


SBI Card Pulse Features & Benefits

As discussed earlier, the SBI Card Pulse is targeted at individuals who are looking for a credit card with health benefits. But apart from health, this card offers you several other privileges in different categories, such as travel, reward programs, milestone benefits, welcome benefits, and many more. Provided below is the detailed information about all its benefits and features:

Welcome Benefits

  • You get a complimentary Noise ColorFit Pulse Smart Watch worth Rs. 4,999. You can avail of this through a gift voucher that will be sent to you within 45 days after successful payment of the joining fee.
  • You get complimentary FitPass Pro membership, which allows you to access the following services:
    -Access to more than 4,000 Gyms and fitness studios.
    -Unlimited access to interactive as well as recorded online fitness sessions.
    -Personal nutritionist and exclusive Artificial intelligence-led Fitness Coaching sessions.
  • You get complimentary Netmeds First membership, which comes with the following advantages:
    -Get unlimited doctor consultations online.
    -Get basic health check-ups every year.
    -Get complimentary 2.5% NMS Super Cash (up to Rs. 1000 on every prepaid order.
    -Get an additional 5% discount on pathology lab tests.
    -Get unlimited free deliveries.
  • You can vail of the above complimentary membership fee only if you pay the joining fee on time and make at least one retail transaction using your credit card. Moreover, the memberships get renewed every year when you pay the renewal fee.

Milestone Benefits

  • You get a Netmeds e-gift voucher worth Rs. 1,500 if you spend Rs. 4 lakhs or more in an anniversary year.
  • The gift voucher is sent to the eligible cardholders within 45 days through SMS or email.

Travel Benefits

  • You get complimentary access to 8 domestic airport lounges every year (with a maximum cap of 2 lounge visits per quarter).
  • You get complimentary Priority Pass membership for the first two years with card membership. It should be noted that only the membership is complimentary and you need to pay the usage fee if you visit any airport lounge using the Priority Pass.

Insurance Benefits

Category Insurance Cover
Air Accident Rs. 50 lakhs
Zero Liability Rs. 1 lakh
Lost Baggage Rs. 72,000
Delayed baggage Rs. 7,500
Loss of Travel documents Rs. 12,500
Damaged Baggage Rs. 5,000

Fuel Surcharge Waiver

  • The 1% fuel surcharge is waived off on all fuel transactions between Rs. 500 and Rs. 4,000.
  • The maximum benefit through the fuel surcharge waiver is capped at Rs. 250 per statement cycle for the SBI Pulse Credit Card.

Zero Liability Protection

The SBI Pulse Credit cardholders will not be liable for any fraudulent/unauthorized transactions made on their card if the card has been reported lost/stolen to the card issuer in a timely manner.

Rewards Rate

  • You get 10 Reward Points on every Rs. 100 you spend on movies, dining, pharmacy, and chemist.
  • You get 2 Reward Points on every Rs. 100 you spend on other categories.
  • No Reward Points are earned on selected transactions including cash withdrawals, fuel purchases, balance transfers, wallet reloading, etc.

Reward Points Redemption

  • You can redeem your earned Reward Points against various options by logging in to your internet banking account.
  • The reward points can also be redeemed against the statement balance, i.e, you can get them converted into cash.
  • 1 Reward Point = Re. 0.25.

SBI Card Pulse Fees & Charges

  • The SBI Card Pulse charges a joining and annual membership fee of Rs. 1,499 plus applicable taxes. The joining fee can not be waived off but you can get the annual fee waived off if you spend Rs.2  lakhs or more in the previous year.
  • The interest rate on this credit card is 3.5% per month or 42% annually.
  • The cash advance fee on the SBI Card Pulse is 2.5% of the cash amount subject to a minimum of Rs. 500. This fee is charged when you withdraw cash using your credit card.
  • The foreign currency markup fee on this card is 3.5% of the transaction amount. Whenever you make a transaction in a different currency, you will have to pay this fee.

SBI Card Pulse Eligibility Criteria

The eligibility criteria that need to be fulfilled by the applicants in order to get approved for the SBI Pulse Credit Card are as follows:

  • Salaried individuals’ age should be between 18 years and 65 years and the age of self-employed individuals should lie between 21 years and 60 years.
  • The applicant should have a stable source of income.
  • The applicant also needs to have a decent credit score.

Documents Required

The documents required to apply for the SBI Pulse Card are mentioned below. The applicants should make sure that they carry these documents along with them while applying for the card:

  • Identity Proof – Aadhar Card, PAN Card, Voters’ Id, Driving Licence, etc (any one of these).
  • Address Proof – Driving Licence, Aadhar Card, Passport, Utility bills, Ration Card, etc (any one of these).
  • Income Proof – Latest bank statements (at least 3 months), latest salary slips, or latest audited ITR.

How To Apply For SBI Pulse Credit Card?

The SBI Card provides its customers with the flexibility to apply for the SBI Pulse Card online as well as offline at their convenience. To apply offline, you can simply visit your nearest SBI branch with all the required documents and fill in the physical application form to apply for a credit card. On the other hand, if you want to apply online for this card, you will have to follow a few simple steps as mentioned below:

  • Visit the official website of SBI Card.
  • You will see the ‘Apply’ section and click on ‘Apply Now.’
  • Select the ‘SBI Card Pulse’ and click on apply now again.
  • Now, fill in all the required details, complete all the formalities and proceed further.

Bottom Line

Being best suited for individuals who are health-conscious, the SBI Card Pulse can be considered a great choice for people who want an affordable credit card with a decent reward rate and other benefits. The Axis Bank also offers a card with great health benefits, which is the Axis Bank Aura Credit Card which comes with a relatively lower annual fee. The smartwatch that you get with the Pulse as a welcome benefit is among the most attractive features of the card. Moreover, you get complimentary FitPass Pro and Netmeds First memberships that get renewed every year, which means these memberships will be lifetime free for you. Moreover, if you traveling is your hobby, you can make your travel experiences even better with this card as it offers you eight complimentary domestic lounge access every year and a complimentary Priority Pass.

You can also save 2.5% on your movie & dining spends every time you pay using your SBI Pulse Credit Card as it offers accelerated reward points on these categories along with health-related spends. Moreover, the insurance benefits, worth up to Rs. 50 lakhs, can not be ignored while talking about the card’s features. Now, you might have understood all the features, advantages, and fees & charges of the card. If you think this is the best fit for you, you must apply for the card without any further delay. In case of any doubts regarding the SBI Card Pulse, make sure to ask us in the comment section below!


No, the SBI Card Pulse is not free. It comes with a joining and annual fee of Rs. 1,499. However, you can make it free for yourself if you get the renewal fee waived off by spending Rs. 2 lakhs or more every year.

The interest rate on SBI Card Pulse is 3.5% per month, i.e, 42% per annum.

Yes, you can withdraw cash using your SBI card Pulse. However, a cash advance fee of 2.5% or Rs. 500 will be chargeable in such a case.

The value of 1 Reward Point is Re. 0.25, i.e, 4 Reward Point = Re. 1.

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