M16S / State Bank of India (SBI Card) / Tata Neu Plus SBI Credit Card
entry · cobrand, rewards, upi
Tata Neu Plus SBI Credit Card
The Tata Neu Plus SBI Credit Card costs Rs 499 a year, waived if you spend Rs 1,00,000 in a year. Its base return is 1% (1% NeuCoins on other spends, including UPI transactions). The forex markup is 3.5%. Lounge visits in India: 4 per year, 1 per quarter. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 499+ GST
- Fee waived at
- Rs 1,00,000annual spend
- Base return
- 1%
- 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 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 | 499 NeuCoins within 15 days of joining fee realisation |
|---|---|
| Reward currency | NeuCoins |
| Base earn | 1% NeuCoins on other spends, including UPI transactions |
| Base return | 1% |
| Point value | 1 NeuCoin = Re 1 saving; redeemable on the Tata Neu app/website and partner Tata brands |
| Accelerated earn | 2% 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 |
| Spends that earn nothingunverified | Rent, government, education, fuel, wallet loads, Flexipay, cash advance, fees |
| Reward notes | base_return_pct is the page-stated 1% 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 | 4 per year, 1 per quarter |
|---|---|
| International loungeunverified | None |
| Lounge conditions | Applicable on achieving Rs 50,000 spends in the previous quarter. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on fuel txns Rs 500-4,000, cap Rs 250 per statement cycle |
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 does not state the network (earlier Visa/RuPay and 'UPI on RuPay variant only' are from the aggregator), caps or exclusions. Earlier lounge note pointed to the tatacard.com lounge list revised 10 Jan 2026. 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 Plus SBI Credit Card?
- Rs 499 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
- Does the Tata Neu Plus SBI Credit Card give airport lounge access?
- Yes. In India: 4 per year, 1 per quarter. Outside India: none listed. Conditions: Applicable on achieving Rs 50,000 spends in the previous quarter.
- What is the forex markup on the Tata Neu Plus SBI Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Tata Neu Plus SBI Credit Card?
- Rent, government, education, fuel, wallet loads, Flexipay, cash advance, fees