By: OurMoneyGuide || Last updated on: June 17, 2024

Reliance SBI Card is a co-brand card launched by SBI Card, in partnership with Reliance Retail.

It is a good card for regular shoppers at various Reliance Retail outlets – you can earn upto 4% on Reliance Retail spends. You also get special discounts upto 5%, at participating Reliance Retail Stores.


Pros & Cons of Reliance SBI Card

Pros

  • Good card for regular shoppers at various Reliance Retail outlets – you can earn upto 4% on these spends if you utilise the milestone benefits also
  • You also get special discounts upto 5%, at participating Reliance Retail Stores

Cons

  • You may need to consider other credit cards for your non-Reliance Retail card spends, to earn higher benefits on these spends

Features & Benefits of the Reliance SBI Card

Upto 4% benefit on spends at participating Reliance Retail Stores
– 1.25% on all spends at participating Reliance Retail Stores
– Upto 2.8% additional benefit, based on achieving specified annual card spends at participating Reliance Retail Stores

Participating Reliance Stores include-
- Fashion : Ajio, Trends, Trends Footwear, Trends Man, Trends Woman, Trends Junior, Centro, Zivame, Centro Footwear
- Grocery : Smart Bazaar, Smart Point, Smart, Metro, Bismi Hypermart, Milkbasket, Freshpik
- Consumer electronics : Reliance Digital, JioMart Digital, MyJio stores, Jio Point, Bismi Connect
- Consumer marketplace : JioMart
- Home and living : Urban Ladder, Portico
- Pharma : Netmeds Pharmacy, NetMeds.com

✔︎ 1.25% benefit at participating ‘Reliance Retail Stores’ (click here for list of participating ‘Reliance Retail Stores)
– You earn 5 reward points worth ₹1.25, on every ₹100 you spend at participating ‘Reliance Retail Stores’ (except UPI payments).
– 1 reward point = ₹0.25 or 25 paise. You can convert your reward points to Reliance Retail vouchers. Vouchers can be redeemed at the following Reliance Stores.

✔︎ Upto 2.8% additional benefit, on achieving specified annual card spend levels at participating Reliance Retail Stores-
1. You get ₹500 worth Reliance Retail Voucher, at ₹25,000 annual card spend at participating Reliance Retail Stores
2. You get ₹750 worth Reliance Retail Voucher, at ₹50,000 annual card spend at participating Reliance Retail Stores
3. You get ₹1000 worth Reliance Retail Voucher, at ₹80,000 annual card spend at participating Reliance Retail Stores
So you could earn ₹2250, if you spend ₹80,000 annually at participating Reliance Retail Stores – 2.8% benefit. Please see table below for benefits at each level of annual card spend-


BenefitTotal benefit
At ₹25,000 annual card spend at participating Reliance Retail Stores₹500 worth Reliance Retail Voucher₹500 worth Reliance Retail Voucher – 2% benefit
At ₹50,000 annual card spend at participating Reliance Retail Stores₹750 worth Reliance Retail Voucher₹1250 worth Reliance Retail Voucher – 2.50% benefit
At ₹80,000 annual card spend at participating Reliance Retail Stores₹1000 worth Reliance Retail Voucher₹2250 worth Reliance Retail Voucher – 2.81% benefit

Special discounts upto 5%, at participating Reliance Retail Stores

You get upto 5% discount at various Reliance Retail Stores.

Please click here for details.

1.25% benefit on the following spend categories –  dining || movies 

You earn 5 reward points worth ₹1.25, on every ₹100 you spend on these categories.

1 reward point = ₹0.25 or 25 paise. You can convert your reward points to Reliance Retail vouchers.

0.25% benefit on all other card spends

You earn 1 reward points worth ₹0.25 (25 paise), on every ₹100 you spend on all other spends.

1 reward point = ₹0.25 or 25 paise. You can convert your reward points to Reliance Retail vouchers.

Exceptions : No reward points are given on following card spends – fuel, property rental, wallet upload.

Fuel surcharge waiver, upto ₹100 per month

You get a 1% fuel surcharge waiver at all fuel stations across India, only on fuel purchases between ₹500 and ₹4000. And only on fuel purchases upto ₹10,000 per month (since the waiver amount is capped at ₹100 per monthly card statement cycle)

SBI Card customer care

Please click here for all the options to contact the bank for various issues and escalations, including-
– Lost and stolen cards : you can block on your mobile app or internet banking OR through SMS option OR by calling customer care
– Complaints and grievances : including steps on how to escalate to higher levels in case your issue is not resolved
– Raise and manage disputes

3 lifetime-free add-on cards

You can get add-on cards for your parents, spouse, children or siblings above the age of 18 years. For more details, and important terms and conditions, please click here.

Reliance SBI Card Fees and Charges

Annual fee


Annual feeAnnual fee offers
1st year joining fee₹499Welcome offers
– You get Reliance Retail voucher worth ₹500, on payment of joining fees. Please click here to know where this voucher can be redeemed.
– You also get additional discount vouchers worth ₹3200, of various participating Reliance Retail Stores. For details, please click here.
Renewal fee from 2nd year onwards₹499Renewal fee offer : Annual fee is not charged from the second year onwards, if you spend ₹1 lakh or more in the previous year.

Hence the card is virtually free , if you spend ₹1 lakh or more each year on your card.

Late payment fee

Please refer to the below table for details

Amount dueLate Fee
 Less than ₹500Nil
₹501 to ₹1,000₹400
₹1,001 to ₹10,000₹750
₹10,001 to ₹25,000₹950
₹25000 to ₹50000₹1100
Over ₹50000₹1300

Foreign currency transaction fee

3.50% of the transaction value.

Finance charges

3.50% per month (42% p.a.).

Important note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – SBI Credit Card Fees & Charges

Eligibility Criteria

Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for the SBI Credit Card, there are certain basic criteria that all applicants must fulfil.

Minimum age21 years
Maximum age70 years
OccupationSalaried or self-employed
Minimum income requirementsNot specified. Should have a regular source of income
Other criteriaGood credit score, preferably above 750

Application Process

Step-by-step guide

Online application processThe easiest way to apply is to click here – APPLY NOW , you shall be taken to the card application page on the SBI Card website. You can also visit the official website of SBI Card and fill out the application form.

Steps :
– Fill out the online application form – personal details like mobile phone number, emplyment, income, Aadhar / PAN number
– Click ‘Submit’ and you will receive an instant decision on the application basis the information provided
– If your application is approved, you will receive a call from SBI Card team for verification
– Post necessary verification, the card is issued to you

Virtual card : In addition to this, SBI Card team will send an SMS on your registered mobile number with a link to generate your e-card. With this e-card you can view your credit card details digitally, even before your physical card reaches you, and start shopping online instantly.
Offline (face to face)  application processYou can visit any of the nearest branches of SBI Card, and talk to an executive regarding the process.

Necessary documents and verification

Required documents   – PAN card

– Copy of Aadhaar card (with first 8 digits masked) or any valid government address proof

– Income documents – salary slip, income tax return etc. may be required depending upon the credit card eligibility & policy

In addition to these, you maybe asked to provide additional documents, on a case-to-case basis.

Tracking your application status

Tracking credit card application status– You can track the status of your application on – ‘Track Application’ section.

– Please click here – Home page (and see top section of the page section named – ‘Track your application’) OR
– Please click here – Eapply page (and see bottom of the page section named – ‘Track Credit Card Application’)
You need to enter some basic information (like application number/ reference number, name, mobile number), to see the status of your SBI Card application