M16S / State Bank of India (SBI Card) / Reliance SBI Card
entry · cobrand, shopping, upi
Reliance SBI Card
The Reliance SBI Card costs Rs 499 a year, waived if you spend Rs 1,00,000 in a year. Its base return is 0.25%. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's own documents on 12 Oct 2026.
- Annual fee
- Rs 499+ GST
- Fee waived at
- Rs 1,00,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on sbicard.comOpens the bank’s own page.
Fees
| Joining fee | Rs 499 |
|---|---|
| Annual fee | Rs 499 |
| Annual spend that waives the fee | Rs 1,00,000 |
| Fee notes | Renewal fee reversed on Rs 1 lakh annual spend. |
Rewards
| Welcome benefit | Rs 500 Reliance Retail voucher on payment of joining fee, plus discount vouchers worth Rs 3,200 for participating Reliance Retail stores; delivered within 30 days of fee realisation |
|---|---|
| Reward currency | Reward Points |
| Base earn | 1 RP per Rs 100 on other retail purchases (except fuel, property rental, wallet upload) |
| Base return | 0.25% |
| Point value | 1 RP = Rs 0.25 |
| Accelerated earn | 10 RP per Rs 100 on AJIO and JioMart online stores; 5 RP per Rs 100 at other participating Reliance Retail stores; 5 RP per Rs 100 on dining and movies (Reliance rates exclude UPI payments) |
| Spends that earn nothing | Fuel, property rental, wallet upload; UPI payments excluded from Reliance accelerated rates |
| Points expiry | 24 months |
| Milestone benefits | Reliance Retail vouchers on annual spends at participating Reliance Retail stores: Rs 500 at Rs 25,000, Rs 750 at Rs 50,000, Rs 1,000 at Rs 80,000 (Rs 2,250 in all); redeemable only at participating stores |
| Reward notes | base_return_pct = 1 RP per Rs 100 x Rs 0.25 (both stated on the product page). Reward redemption fee Rs 99 + GST on physical products, statement credit and physical vouchers (MITC). From 1 Apr 2026 statement-credit redemption is capped at 60,000 points a month and allowed only in multiples of 4,000 points (issuer notice). Points on Flexipay/merchant EMI are reversed; wallet loads (MCC 6540/6541) earn nothing; points on spends that got an instant discount/cashback offer are forfeited. |
Travel and perks
| Domestic loungeunverified | None |
|---|---|
| International loungeunverified | None |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on fuel txns Rs 500-3,000, cap Rs 100 per statement cycle |
| Other freebies | Transaction offers at participating Reliance Retail stores; RuPay/Mastercard network offers |
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 | Issuer product page (rendered text) read 2026-10-12; fees, forex, interest and penalty fields are from the issuer MITC/KFS; fields not listed in unverified_fields are from the product page or other issuer documents. Page vs earlier value: networks was RuPay only (cardinsider.com), page's Network section lists RuPay and Mastercard; fuel_surcharge_waiver was '1% on fuel txns Rs 500-4,000, cap Rs 100 per month' (cardinsider.com), page says Rs 500-3,000, cap Rs 100 per statement cycle; milestone tiers were not recorded (aggregator figures garbled), page gives Rs 500 / Rs 750 / Rs 1,000 at Rs 25,000 / Rs 50,000 / Rs 80,000. Milestone spends count only at participating Reliance Retail stores. Page lists no lounge benefit and states no caps. Same text is served at shopping/reliance-sbi-card.page. 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 Reliance SBI Card?
- Rs 499 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
- Does the Reliance SBI Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the Reliance SBI Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Reliance SBI Card?
- Fuel, property rental, wallet upload; UPI payments excluded from Reliance accelerated rates