Shaurya SBI Credit Card: Exclusive Rewards for Defense Personnel
The Shaurya SBI Credit Card is a special offering by SBI Card, designed exclusively for Indian defense personnel. With benefits like accelerated reward points, fuel surcharge waivers, and complimentary insurance, this card honors the service of Army, Navy, Air Force, and Paramilitary personnel. Whether you’re shopping at CSD, dining out, or fueling up, this card maximizes savings. In this detailed guide, we explore its features, rewards, eligibility, and more to help you decide if it’s the perfect fit for your financial needs. Read on to learn everything about this unique credit card!
About Shaurya SBI Credit Card
The Shaurya SBI Credit Card, crafted for Indian defense personnel, offers exclusive rewards for Army, Navy, Air Force, and Paramilitary members. With 5X reward points on CSD, dining, movies, and grocery spends, a low ₹250 annual fee, and a ₹2 lakh personal accident insurance cover, it’s a value-packed card. Enjoy fuel surcharge waivers and a renewal fee waiver on ₹50,000 annual spends. Learn about its benefits, eligibility, and application process to make an informed choice for your financial needs.
Basic Details of Shaurya SBI Credit Card
| Feature | Details |
|---|---|
| Card Image | |
| Card Issuer | SBI Card (State Bank of India) |
| Joining Fee | ₹250 + GST |
| Renewal Fee | ₹250 + GST (Waived on ₹50,000 annual spends) |
| Card Category | Defense, Rewards |
| Rewards | 5X RP on CSD, dining, movies, grocery; 1 RP per ₹100 on others |
| Airport Lounge | Not available |
| Railway Lounge | Not available |
| Insurance | ₹2 lakh personal accident cover by RuPay |
Extra Details of Shaurya SBI Credit Card
- RuPay-based card, embossed with Army, Navy, Air Force, or Paramilitary insignia.
- Supports contactless payments for quick, secure transactions up to ₹5,000.
- Accepted at over 44 million merchant locations globally, including 3.7 million in India.
- Offers add-on cards for family members (parents, spouse, children, siblings) above 18.
- Cash withdrawal available at over 2 million ATMs worldwide, including 43,000 SBI ATMs in India.
- Easy Bill Pay facility for automating utility bill payments (electricity, mobile, etc.).
- Flexipay and Balance Transfer on EMI for flexible payment options.
Features and Benefits
- Welcome Gift: 1,000 Reward Points (worth ₹250) on payment of joining fee.
- Renewal Fee Waiver: Spend ₹50,000 annually to waive the ₹250 renewal fee.
- Fuel Surcharge Waiver: 1% waiver on fuel spends (₹500-₹3,000, max ₹250/statement).
- Insurance Cover: Complimentary ₹2 lakh personal accident insurance by RuPay.
- Milestone Benefit: 500 Pizza Hut e-voucher on ₹50,000 spends per quarter.
- Flexipay: Convert purchases above ₹2,500 into EMIs within 30 days.
- Balance Transfer: Transfer other card balances at lower interest rates.
Rewards and Cashback
- 5X Reward Points: 5 RP per ₹100 on CSD, dining, movies, departmental stores, grocery.
- Regular Rewards: 1 RP per ₹100 on all other spends (excludes fuel, cash withdrawals).
- Reward Value: 4 RP = ₹1 (1 RP = ₹0.25) for paying card balance or redeeming via Rewards Catalogue.
- Milestone Reward: 500 Pizza Hut e-voucher on ₹50,000 quarterly spends.
- Redemption: Redeem points via SBI Card portal/app; no redemption fee mentioned.
- Note: Reward points credited within 15 days of fee payment for welcome gift.
Fees and Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹250 + GST |
| Renewal Fee | ₹250 + GST (Waived on ₹50,000 spends) |
| Finance Charges | 2.75% p.m. (33% p.a.) |
| Foreign Transaction Fee | 3.5% of transaction value |
| Cash Advance Fee | 2.5% of amount (min ₹500) |
| Fuel Surcharge Waiver | 1% (₹500-₹3,000, max ₹250/statement) |
| Late Payment Fee | ₹400-₹1,100 based on outstanding amount |
Eligibility Criteria
- Occupation: Serving Indian defense personnel (Army, Navy, Air Force, Paramilitary).
- Age: 21 to 65 years.
- Income: Stable source of income (specific criteria may vary).
- Credit Score: Good credit score (typically 750+).
- Residency: Resident of India.
Documents Required
- Identity Proof: PAN Card, Aadhaar Card, Voter ID, Passport.
- Address Proof: Aadhaar Card, Utility Bill (not older than 3 months), Ration Card.
- Income Proof: Salary slips, bank statements, or latest ITR.
- Photograph: Recent passport-sized photograph.
- Defense ID: Valid defense personnel ID or service certificate.
How to Apply for Shaurya SBI Credit Card
- Visit the SBI Card official website.
- Navigate to the Shaurya SBI Credit Card page and click “Apply Now.”
- Fill in personal, professional, and KYC details in the online form.
- Submit the application and await an instant preliminary decision.
- Complete verification via a call from SBI Card or branch visit.
- Receive the card within 7-14 working days if approved.
How to Maximize Benefits
- CSD Shopping: Earn 5X rewards at Canteen Stores Department outlets.
- Dining and Movies: Use for dining and movie tickets to get 5X reward points.
- Grocery and Departmental Stores: Shop at grocery or departmental stores for 5X rewards.
- Fuel Purchases: Spend ₹500-₹3,000 at fuel stations for 1% surcharge waiver (max ₹250).
- Quarterly Milestone: Spend ₹50,000 per quarter for a 500 Pizza Hut e-voucher.
- Annual Spending: Reach ₹50,000 annually to waive the renewal fee.
Other Banks’ Similar Cards
- Shaurya Select SBI Credit Card: Higher rewards (10X on select categories), ₹10 lakh insurance, ₹1,499 fee.
- Axis Bank Pride Platinum Credit Card: 8X reward points on select spends, no joining fee.
- PNB Rakshak Rupay Platinum Credit Card: 5X points on select categories, low annual fee.
- IndianOil HDFC Credit Card: Fuel points and rewards, suitable for frequent fuel spends.
Official Websites and Apply Link
Shaurya SBI Credit Card Review
The Shaurya SBI Credit Card is an excellent choice for defense personnel, offering 5X rewards on CSD, dining, movies, and grocery spends, plus a ₹2 lakh insurance cover. The low ₹250 fee, waived on ₹50,000 spends, and welcome bonus make it cost-effective. However, it lacks lounge access, and the 1% reward rate on non-accelerated categories is average. Compared to the Shaurya Select SBI Card, it’s more affordable but offers fewer benefits. Ideal for defense personnel seeking value on everyday spends.
Frequently Asked Questions (FAQs)
Who is eligible for the Shaurya SBI Credit Card?
It’s exclusively for serving Indian defense personnel (Army, Navy, Air Force, Paramilitary) aged 21-65 with a stable income and good credit score.
What are the key benefits of this card?
5X reward points on CSD, dining, movies, grocery; ₹2 lakh insurance; 1% fuel surcharge waiver; 500 Pizza Hut voucher on quarterly ₹50,000 spends.
Can I use this card internationally?
Yes, it’s accepted at 44 million global merchants, but a 3.5% foreign transaction fee applies.
How can I waive the renewal fee?
Spend ₹50,000 annually to waive the ₹250 renewal fee.
How do I redeem reward points?
Redeem via SBI Card portal or app against card balance (4 RP = ₹1) or Rewards Catalogue items.
Disclaimer
The information provided about the Shaurya SBI Credit Card is for informational purposes only and may not be accurate or up-to-date. This is not an official website of SBI Card. Please verify details with the official SBI Card website or contact their customer care before applying. CreditCardPath.in is not liable for any discrepancies or financial decisions made based on this content.
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