M16S / State Bank of India (SBI Card) / IndiGo SBI Card
mid · cobrand, travel
IndiGo SBI Card
The IndiGo SBI Card costs Rs 1,499 a year. It earns 1 BluChip per Rs 100 on all other spends. Accelerated earn: 3 BluChips per Rs 100 on IndiGo app and web; 2 per Rs 100 on hotel/lodging and travel MCCs. The forex markup is 3.5%. Lounge visits in India: 4 per year, max 1 per quarter. Read from the issuer's own documents on 12 Oct 2026.
- Annual fee
- Rs 1,499+ GST
- Fee waived at
- —
- Base return
- —
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on sbicard.comOpens the bank’s own page.
Fees
| Joining fee | Rs 1,499 |
|---|---|
| Annual fee | Rs 1,499 |
| Fee notes | Annual fee Rs 1,499 + taxes; renewal fee Rs 1,499 from second year (product page). No spend-based waiver on the page or in the MITC. |
Rewards
| Welcome benefit | 2,500 IndiGo BluChips voucher after annual-fee payment and first transaction within 60 days of account opening |
|---|---|
| Reward currency | IndiGo BluChips |
| Base earn | 1 BluChip per Rs 100 on all other spends |
| Point value | No rupee value stated; BluChips are auto-credited to the IndiGo BluChip account each statement cycle and BluChips vouchers redeem on the IndiGo app/website |
| Accelerated earn | 3 BluChips per Rs 100 on IndiGo app and web; 2 per Rs 100 on hotel/lodging and travel MCCs |
| Spends that earn nothing | Other-spend earn excludes utility, government transactions, rental, fuel, gaming, cross-sell and insurance MCCs |
| Milestone benefits | 2,500 BluChips voucher each at Rs 2 lakh, Rs 4 lakh and Rs 6 lakh spend; renewal benefit of 2,500 BluChips voucher after annual-fee payment |
| Reward notes | base_return_pct left null: the page states earn rates but no rupee value for a BluChip. |
Travel and perks
| Domestic lounge | 4 per year, max 1 per quarter |
|---|---|
| International loungeunverified | None |
| Lounge conditions | Domestic visits need spends of Rs 50,000 in the last quarter. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on fuel txns Rs 500-4,000 (excl. GST), cap Rs 200 per statement cycle |
| Other freebiesunverified | None |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding amount due: Nil up to Rs 100; Rs 100 (>100-500); Rs 500 (>500-1,000); Rs 750 (>1,000-10,000); Rs 950 (>10,000-25,000); Rs 1,100 (>25,000-50,000); Rs 1,300 (>50,000); plus Rs 100 if minimum due missed two cycles running (slabs as revised 1 May 2026) |
| Cash advance fee | 2.5% of amount, min Rs 500; ATM limit Rs 15,000/day; interest from day one |
| Fine-print notes | Benefit fields now read from the issuer's product page (rendered 2026-10-12). Networks from the page's 'any outlet that accepts MasterCard / RuPay' text. The page lists no international lounge benefit or other freebies ('None' kept as unverified). Page vs earlier value (page used): reward_exclusions (Card Insider) listed fuel, rent, utilities, wallet loads, gaming, government, cash, balance transfer, Flexipay; page lists utility, government, rental, fuel, gaming, cross-sell and insurance MCCs; lounge_domestic was '1 per quarter (aggregator text also says 4)' and conditions said the spend rule is waived in the issue quarter; page says 4 a year, max 1 per quarter, on Rs 50,000 spend in the last quarter, with no waiver mentioned; old fuel waiver had no cap; page caps it at Rs 200 per statement cycle; point_value carried an aggregator estimate of Rs 0.50-1.00 per BluChip; the page gives no value; Card Insider said no renewal benefit; page gives 2,500 BluChips voucher on renewal-fee payment. Issuer-wide (MITC): rent payments carry Rs 199 fee; utility bills totalling over Rs 50,000 in a cycle carry 1% fee; wallet loads over Rs 1,000 carry 1% fee; education payments via third-party apps carry 1% fee; forex markup is not reversed on refunds; fees shown exclude 18% GST. |
Questions
- What is the annual fee of the IndiGo SBI Card?
- Rs 1,499 a year, before GST.
- Does the IndiGo SBI Card give airport lounge access?
- Yes. In India: 4 per year, max 1 per quarter. Outside India: none listed. Conditions: Domestic visits need spends of Rs 50,000 in the last quarter.
- What is the forex markup on the IndiGo SBI Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the IndiGo SBI Card?
- Other-spend earn excludes utility, government transactions, rental, fuel, gaming, cross-sell and insurance MCCs