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Key Highlights of the SBI Card PULSE

Here is a glimpse of the credit card details:

Joining Fee

₹1,499 

Annual Fee

₹1,499 

Suitable for

Premium benefits like health memberships and Priority Pass Membership

Key Feature

Spend ₹2 Lakhs in the preceding year and enjoy the annual fee reversal option

Welcome Bonus

Pay the joining fee and get the Noise ColorFit Pulse 2 Max Smart Watch free

Features and Benefits of the SBI Card PULSE

This lifestyle credit card helps you earn rewards in different spending categories.

Welcome Perk

Get a free Noise ColorFit Pulse 2 Max Smart Watch on paying the joining fee

Health Memberships

Get a complimentary FITPASS PRO Membership and Netmeds First Membership for 1 year after renewing your card

Boosted Rewards

Earn 10 reward points per ₹100 on payments related to chemists, dining, pharmacy, sports, and movies

Rewards on Purchases

Earn 2 reward points per ₹100 on all other purchases made with the card

Flexible Redemption Options

Use your points to redeem items from the catalogue on the rewards platform or pay your credit card bills

Milestone Rewards

Spend ₹2 Lakhs in the preceding year to get an annual fee reversal or spend ₹4 Lakhs in retail purchases to get an e-voucher of ₹1,500

Save up to ₹250 on Fuel

Get a waiver of 1% on fuel surcharge on bills between ₹500 and ₹4,000 every month

Airport Lounge Visits

Get 8 complimentary domestic lounge visits, up to 2 per quarter

Priority Pass Membership

Get a complimentary Priority Pass Membership worth $99 for the first two years of card ownership

Cash Anytime

Withdraw cash from across the globe from over 10 lakh VISA ATMs

Protection Plans

Get complimentary insurance covers up to ₹50 Lakhs like Fraud Liability Insurance, Air Accident Cover, and more

Global Usability

Pay with your card at more than 2.4 crore outlets all over the world, including more than 3.25 lakh outlets in India

Family Add-on

Get up to 3 free add-on cards for your parents, spouse, children, or siblings above 18 years

Easy Bill Pay Facility

Conveniently pay your electricity, mobile, and all other utility bills on time by automating payments

Balance Transfer Facility

Enjoy lower interest charges and pay back in EMIs when you transfer the outstanding balance of other credit cards to this card

Transact Safely

Tap the card to pay and experience the benefit of contactless payments with the VISA PayWave technology

Safety From Fraud

Report loss of card to enjoy zero fraud liability against fraudulent transactions

SBI Card PULSE - Rewards Program

The SBI Card rewards platform is called Shop n Smile, where you can redeem points against a wide-ranging catalogue. Here is how the rewards program works for the SBI Card PULSE:

A. Reward Points

  • You get 10 reward points per ₹100 spent on dining, pharmacy, sports, and movies

 

Here is an example:

Purchase (Monthly)

Amount

Reward Points

Dining Out 

₹3,000

300

Movies

₹2,000

200

Pharmacy 

₹1,000

100

Disclaimer: The above example is for illustration purposes only. 

  • You also get 2 reward points per ₹100 on all other purchases  

 

Here is an example:

Purchase (Monthly)

Amount

Reward Points

Electronics

₹2,500

300

Groceries

₹5,000

600

Disclaimer: The above example is for illustration purposes only. 

B. Redemption Process

The next step is to redeem your reward points by logging in to your credit card account. You can do so via net banking or through the YONO mobile app. You can redeem points against various items such as electronics, homeware, clothing, books, and more. 

 

You can even make hotel bookings or choose from different shopping vouchers. A rewards redemption fee of ₹99 is applicable, but only on products and credit statements sent physically.

C. Expiration 

Unless stated otherwise, all your reward points will expire 24 months after accrual.

D. Example of Savings

With reference to the examples given above, here is a look at what your annual expenses and savings will look like:

Category

Details

Conversion

Cash Value (₹)

Dining Out 

Accelerated Category Spends - 10 reward points

Assuming spends 36,000 p.a. / 3,000 p.m.

Reward Points = 3,600


10x(36,000/100) 

900

Movies

Accelerated Category Spends - 10 reward points

Assuming spends 24,000 p.a. / 2,000 p.m.

Reward Points = 2,400


10x(24,000/100)

600

Pharmacy 

Accelerated Category Spends - 10 reward points

Assuming spends 12,000 p.a. / 1,000 p.m.

Reward Points = 1,200


10x(12,000/100)

300

Gym Membership

Normal Category Spends


Assuming spends 30,000 p.a. / 2,500 p.m.

Reward Points = 600


2x(30,000/100)

150

Groceries

Normal Category Spends


Assuming spends 

60,000 p.a./ 5,000 p.m.

Reward Points = 1,200


2x(60,000/100)

300

Total Annual Savings

 

9,000

2,250

Disclaimer: The above example is for illustration purposes only. The actual rewards and savings may vary based on the policies of the issuer. Please check with the card issuer before applying. 

 

Now, you have two options:

  1. Redeem 9,000 points via the 'Shop n Smile' rewards portal against products from brands, including Wildcraft, Bosch, Puma, Fossil, and more.
  2. Convert your reward points into cash by contacting SBI Card. The cash value of 4 reward points = ₹1. Hence, 9,000 rewards = ₹2,250.

Fees and Charges Associated with the SBI Card PULSE

Here are the charges and fees you can expect to incur based on your use of the SBI Card PULSE:

Fee Type

Details

Joining Fee 

₹1,499 

Annual Fee

₹1,499 

Reward Redemption Fee

₹99 

Cash Advance Fee

2.50% of the withdrawn amount or ₹500, whichever is higher

Interest Charges

Up to 42% per annum

Minimum Amount Due 

5% as per this calculation:

Total GST + EMI amount + 100% of

Charges/Fees + 5% of [Finance charge (if any) + Overlimit Amount (if any) + Retail Spends and Cash Advance (if any)]

Late Payment Fee

Up to ₹1,300 based on the total overdue balance

Foreign Transaction Fee

3.50% of the transaction amount

Note: A Goods & Services Tax (GST) of 18% is applicable on the charges mentioned above.

 

Disclaimer: These fees and charges are also subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.

SBI Card PULSE - Eligibility Criteria

Here are the SBI Card PULSE eligibility terms you need to meet before applying:

  • You must be between 21 and 70 years of age

  • You must have a decent credit score

  • You must have a regular income source (salaried or self-employed)

Documents Required

Here is a list of general documents you will need to keep ready to ensure a swift application process:

  • Identity Proof

    • PAN card

    • Aadhaar card

    • Colour photos (2-3)

    • Passport

  • Address Proof

    • Ration card

    • Utility bill (electricity, phone, water)

  • Income Proof

    • Self-employed: Income Tax Returns (ITR), bank statements showing income

    • Salaried: Form 16, latest salary slips (past 2-3 months)

How to Apply for the SBI Card PULSE

To know how to apply for this card on Bajaj Markets, read the steps given below:

  1. Click on ‘Check Eligibility’ and fill in the necessary details, including your date of birth, occupation, and phone number

  2. Submit the One-Time Password (OTP) you receive

  3. Recheck the pre-filled details like your PAN number, PIN code, email ID, and income information

  4. Apply for the card that meets your requirements from the options

  5. Click on ‘Submit’ and complete your application

Customer Care

If you have any questions, reach out to SBI Card’s customer care team via phone or email:

  • Call 1800 180 1290 (toll-free) or 39 02 02 02 (Prefix local STD code) 

  • Email customercare@sbicard.com

SBI Card PULSE vs Others

Before deciding on the SBI Card PULSE, take a look at other options from SBI Card:

Card Name

Cashback

Complimentary Airport Lounge Access

Fuel Surcharge Waiver

10X Reward Points

SBI Card PULSE

BPCL SBI Card OCTANE

Max SBI Card SELECT 

SimplySAVE SBI Card

IRCTC SBI RuPay Card

SBI Card ELITE 

SimplyCLICK SBI Card

SBI Card PRIME

BPCL SBI Card

SBI Lifestyle Home Centre Credit Card

Disclaimer: The benefits mentioned are subject to change as per the policies of SBI Card. Check them before you apply for a specific card.

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

What is the PULSE protection plan on the SBI Card PULSE?

You get a complimentary insurance cover of ₹1 Lakh on any financial loss incurred due to fraudulent transactions on your SBI Card PULSE. This is applicable once you call the 24/7 SBI Card customer helpline number and report the loss.

What is the benefit of the contactless technology available on my SBI Card PULSE?

With contactless technology, you can enjoy speed, convenience, and security on transactions. Since the card never leaves your hand, the risk of card loss and fraud through skimming or counterfeiting is greatly reduced.

Where can I use my SBI Card PULSE?

You can use the SBI Card PULSE anywhere in India and around the world. Just look for the Universal Contactless symbol at merchant outlets.

What is the minimum credit limit I can get on a SBI Card PULSE?

The credit limit range usually allowed on the SBI Card PULSE is a minimum of ₹40,000 and a maximum of ₹10 Lakhs.

What is the grace period on my SBI Card PULSE?

The interest-free grace period on your SBI Card PULSE is between 20 to 50 days. This means that no interest is chargeable on your outstanding amount from the statement date to the next 20 to 50 days. You can continue to enjoy it when you pay your full bills on time.

What happens if I pay only the minimum amount due on my SBI Card PULSE?

If you pay only the minimum amount due every month, you will accumulate considerable interest on your outstanding balance.

What is the total amount due on my SBI Card PULSE, and how is it calculated?

The total amount due is the entire amount due for payment as on the specified statement date. It includes outstanding balances from previous months, new purchases, fees, and interest charges, if any.

What are the primary SBI Card PULSE benefits?

This SBI credit card helps you earn 10 reward points and cater to your health and fitness with complimentary wellness memberships.

Can I get the SBI Card PULSE online?

Yes. Get the SBI Card PULSE apply online on Bajaj Markets and enjoy a fast and secure process.

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