Apollo SBI Card benefits
- Rewards3
reward points per ₹100 on OneApollo services
- Rewards2
reward points per ₹100 on dining, movies and entertainment
- Rewards1
reward point per ₹200 on other spends
Good to know
- 1 reward point = ₹1 at Apollo services
- Annual fee ₹499, waived on ₹1 lakh of yearly spends
Apollo SBI Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Apollo3 reward points per ₹100 on OneApollo services, such as Apollo pharmacies, clinics and diagnostics. | 3 points per ₹100 | None |
| Dining and food delivery2 reward points per ₹100 on dining, movies and entertainment. | 2 points per ₹100 | None |
| Everything else | 0.5 points per ₹100 | None |
We value one point at ₹1 in the usual redemption.
No rewards on: Fuel, wallet loads, rent, government transactions, Flexipay and merchant EMI, cash and fees.
All reward rules
- SBI Card's terms say 1 reward point equals ₹1 when you use points at Apollo services or for OneApollo e-gift vouchers and health credits. There is no minimum number of points to redeem.
- 1 reward point per ₹100 on beauty and wellness, and 1 point per ₹200 on other spends.
What the Apollo SBI Card gives back in a year
Say you spend ₹30,000 a month, like our “food and groceries” pattern, using Apollo where the card pays extra. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹10,000 | 0.5% | ₹600 |
| Dining and food delivery | ₹9,000 | 2% | ₹2,160 |
| Online shopping | ₹3,000 | 0.5% | ₹180 |
| Travel | ₹1,000 | 0.5% | ₹60 |
| Fuel | ₹2,000 | 0% | ₹0 |
| Bills and utilities | ₹3,000 | 0.5% | ₹180 |
| Everything else | ₹2,000 | 3% | ₹720 |
| Total | ₹30,000 | ₹3,900 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹3,900* |
Apollo SBI Card annual fee and charges
- Joining fee
- ₹499
- Annual fee
- ₹499
- Fee waiver
- ₹1,00,000 a year
- Foreign currency markup
- 3.5%
Joining fee ₹499 and annual fee ₹499, both before GST. The renewal fee is waived if you spent ₹1 lakh or more in the previous year.
Apollo SBI Card eligibility
SBI Card does not publish a minimum age or income for this card. SBI Card checks eligibility when you apply.
The bank alone decides approval and your credit limit.
Apollo SBI Card lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
Is the Apollo SBI Card right for you?
A card with a ₹499 fee that spending can waive, paying 3% at Apollo and a below-average 0.5% elsewhere.
Worth its fee if you spend about ₹5,000 a month or more. Below that, the ₹499 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot at Apollo: the card pays 3% back there, against 0.5% on most other spends.
- You spend ₹1,00,000 a year or more (about ₹8,400 a month), so the ₹499 renewal fee is waived.
- It is your first credit card: the terms are simple and the fee is low or nil.
Not for you if
- You spend less than about ₹8,400 a month: you would pay ₹589 a year with GST.
- You rarely use Apollo: outside it the card pays 0.5%.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to Apollo SBI Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| Apollo SBI Card | ₹499 | 3% | ₹2,160* |
| IDFC FIRST Hello Cashback Credit Card | ₹1,000 | 3% | ₹5,160* |
| PhonePe SBI Card PURPLE | ₹499 | 3% | ₹3,840* |
If most of your spending looks like the example above, the IDFC FIRST Hello Cashback Credit Card may suit you better: it would leave you ₹4,080 a year, against ₹3,900 with the Apollo SBI Card.
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the Apollo SBI Credit Card?
The joining fee and the annual fee are ₹499 each, before GST. The renewal fee is waived if you spent ₹1 lakh or more in the previous year.
How many reward points does the Apollo SBI Card give?
3 points per ₹100 on OneApollo services, 2 per ₹100 on dining, movies and entertainment, 1 per ₹100 on beauty and wellness, and 1 per ₹200 on other spends. Fuel, wallets, rent and government spends earn nothing.
What is the value of an Apollo SBI Card reward point?
1 reward point is worth ₹1 when you use it at Apollo services or for OneApollo vouchers and health credits.
Is there an Apollo SBI Card SELECT?
Yes. Apollo SBI Card SELECT is a separate card with a ₹1,499 fee, waived on ₹3 lakh of yearly spends. This page covers the ₹499 Apollo SBI Card.