M16S / State Bank of India (SBI Card) / Tata Neu Infinity SBI Credit Card
mid · cobrand, rewards, upi
Tata Neu Infinity SBI Credit Card
The Tata Neu Infinity SBI Credit Card costs Rs 1,499 a year, waived if you spend Rs 3,00,000 in a year. Its base return is 1.5%. The forex markup is 1.99%. Lounge visits in India: 8 per year, 2 per quarter. Abroad: 4 per year, 1 per quarter, via Priority Pass. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 1,499+ GST
- Fee waived at
- Rs 3,00,000annual spend
- Base return
- 1.5%
- Forex markup
- 1.99%
- Interest
- 3.75%a month
What changed on this card
- SBI Card to add 1% fee on transport above Rs 30,000, Dec 2026
From 1 Dec 2026 SBI Card charges 1% of the transaction amount on every transportation transaction above Rs 30,000 (MCCs 4111, 4784, 4131). Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card to add 1% fuel fee above Rs 50,000 a cycle, Dec 2026
From 1 Dec 2026, if fuel transactions in a billing cycle exceed Rs 50,000, SBI Card charges 1% on the total fuel spends. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card limits statement credit to multiples of 4,000 points, Apr 2026
From 1 Apr 2026 Reward Points for Statement Credit can be redeemed only in multiples of 4,000 Points, on all eligible cards except the two PhonePe cards. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card caps statement credit redemption at 60,000 points, Apr 2026
From 1 Apr 2026 redemption of Reward Points for Statement Credit is capped at 60,000 Points per month on all eligible cards except Air India SBI Signature and the two PhonePe cards. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card revises late payment charges from May 2026
From 1 May 2026 no charge applies up to Rs 100 due (was up to Rs 500). Rs 100 applies above Rs 100 up to Rs 500, and Rs 500 above Rs 500 up to Rs 1,000 (was Rs 400). Higher slabs are unchanged. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds 1% fee on wallet loads above Rs 1,000, Nov 2025
From 1 Nov 2025 SBI Card charges 1% of the transaction amount on every wallet load transaction above Rs 1,000. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds 1% fee on education payments via apps, Nov 2025
From 1 Nov 2025 a 1% fee applies to education payments made through third-party apps. Payments made directly to colleges or schools through their websites or POS machines carry no fee. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds Rs 200 cheque processing fee from Sep 2025
From 15 Sep 2025 a Cheque Processing Fee of Rs 200 applies to outstanding payments made by cheque. Payments by UPI, BBPS and NEFT stay free of extra charges. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds 1% fee on utility payments above Rs 50,000, Dec 2024
From 1 Dec 2024, if utility payments in a billing cycle add up to more than Rs 50,000, SBI Card charges a 1% fee on the total utility amount. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card raises finance charge to 3.75% a month from Nov 2024
From 1 Nov 2024 the rate of Finance Charges is 3.75% p.m. on all unsecured SBI credit cards, except Shaurya and Defense cards. Source: SBI Card, sbicard.com, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 1,499 |
|---|---|
| Annual fee | Rs 1,499 |
| Annual spend that waives the fee | Rs 3,00,000 |
| Fee notes | Renewal fee reversed on Rs 3 lakh net retail spend (retail spends minus reversals) in the 365 days before the fee billing date; reversal within 30 days of the fee being charged. |
Rewards
| Welcome benefit | 1,499 NeuCoins within 15 days of joining fee realisation |
|---|---|
| Reward currency | NeuCoins |
| Base earn | 1.5% NeuCoins on other spends, including UPI transactions (UPI on the RuPay variant) |
| Base return | 1.5% |
| Point value | 1 NeuCoin = Re 1 saving; redeemable on the Tata Neu app/website and partner Tata brands |
| Accelerated earn | 5% NeuCoins on non-EMI spends at the Tata Neu app/website and partner Tata brands; extra up to 5% on select category spends on the Tata Neu app/website |
| Capsunverified | Monthly: 2,000 NeuCoins each on grocery, insurance, utilities, telecom/cable; 500 NeuCoins on UPI |
| Spends that earn nothingunverified | Fuel, wallet loads, voucher and gift-card purchases, rent, cash advance, merchant EMI |
| Reward notes | base_return_pct is the page-stated 1.5% base rate at 1 NeuCoin = Re 1; NeuCoins are spendable only inside the Tata ecosystem. NeuCoins are auto-credited to the NeuPass account within 7 working days of the statement cycle; accrual follows a merchant-ID list reviewed monthly. |
Travel and perks
| Domestic lounge | 8 per year, 2 per quarter |
|---|---|
| International lounge | 4 per year, 1 per quarter, via Priority Pass |
| Lounge conditions | Domestic visits apply on achieving Rs 75,000 spends in the previous quarter. Priority Pass membership (worth USD 99) valid for 2 years only; visits beyond the free quota cost USD 27 + taxes each. |
| Forex markup | 1.99% |
| Fuel surcharge waiver | 1% on fuel txns Rs 500-4,000, cap Rs 500 per statement cycle |
| Other freebies | Priority Pass membership |
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. Network: the page confirms a RuPay variant (UPI earn applies to it); Visa comes from the aggregator and is not stated on the page. Aggregator details the page does not state: partner-brand list (Air India, BigBasket, Croma, Tata CLiQ, Taj, 1mg, Titan/Tanishq, Westside), monthly category caps, exclusions, domestic lounge spend condition waived in the issue quarter, guest Priority Pass charge. 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 Tata Neu Infinity SBI Credit Card?
- Rs 1,499 a year, before GST. It is waived if you spend Rs 3,00,000 in a year.
- Does the Tata Neu Infinity SBI Credit Card give airport lounge access?
- Yes. In India: 8 per year, 2 per quarter. Outside India: 4 per year, 1 per quarter, via Priority Pass. Conditions: Domestic visits apply on achieving Rs 75,000 spends in the previous quarter. Priority Pass membership (worth USD 99) valid for 2 years only; visits beyond the free quota cost USD 27 + taxes each.
- What is the forex markup on the Tata Neu Infinity SBI Credit Card?
- 1.99% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Tata Neu Infinity SBI Credit Card?
- Fuel, wallet loads, voucher and gift-card purchases, rent, cash advance, merchant EMI