Tata Neu Plus SBI Credit Card benefits
- Rewards2%
back as NeuCoins on Tata Neu and partner Tata brands
- Rewards1%
back as NeuCoins on other eligible spends
- Rewards
UPI spends on the RuPay variant earn 1%
up to 500 NeuCoins a cycle
- Rewards499
NeuCoins as a welcome benefit
- Lounge4
domestic lounge visits a year, 1 per quarter
with a spend condition
Good to know
- Annual fee ₹499, waived on yearly spends of ₹1 lakh
Tata Neu Plus SBI Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Tata Neu brandsTata Neu app and website and partner Tata brands such as Tata CLiQ, Tata 1mg, Croma, Westside, Titan and Tanishq. Other online shops earn the base rate. | 2 points per ₹100 | None |
| Tata Neu brandsPartner brands only: Air India, Air India Express and Taj Hotels. Other travel earns the base rate. | 2 points per ₹100 | None |
| BigBasketBigBasket only, as a partner brand. NeuCoins on grocery are limited to 1,000 a month. | 2 points per ₹100 | 1,000 |
| Bills and utilitiesUtility, insurance, and telecom and cable each have a separate limit of 2,000 NeuCoins a month. | 1 points per ₹100 | 2,000 |
| Everything else | 1 points per ₹100 | None |
We value one point at ₹1 in the usual redemption.
No rewards on: Fuel, wallet loads, rent, gift or prepaid card loads, voucher purchases, government payments, education, cash advances, Flexipay, card fees and balance payments.
All reward rules
- Rewards are paid as NeuCoins. 1 NeuCoin equals ₹1 of savings at Tata Neu and Tata brands.
- Up to 5% extra value back may apply on select categories on the Tata Neu app or website, as set by Tata Neu.
- UPI spends on the RuPay variant earn 1%, up to 500 NeuCoins per statement cycle.
- Welcome benefit: 499 NeuCoins within 15 days of the joining fee being paid.
- NeuCoins move to your NeuPass account within 7 working days of each statement.
What the Tata Neu Plus SBI Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “online shopper” pattern, using BigBasket and Tata Neu brands where the card pays extra. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹3,000 | 2% | ₹720 |
| Dining and food delivery | ₹2,000 | 1% | ₹240 |
| Online shopping | ₹18,000 | 2% | ₹4,320 |
| Travel | ₹1,000 | 2% | ₹240 |
| Fuel | ₹1,000 | 0% | ₹0 |
| Bills and utilities | ₹2,000 | 1% | ₹240 |
| Everything else | ₹3,000 | 1% | ₹360 |
| Total | ₹30,000 | ₹6,120 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹6,120* |
Tata Neu Plus SBI Credit Card annual fee and charges
- Joining fee
- ₹499
- Annual fee
- ₹499
- Fee waiver
- ₹1,00,000 a year
- Foreign currency markup
- 3.5%
The renewal fee is waived if you spend ₹1 lakh or more in the previous year. Fees are before GST. Domestic lounge visits need ₹50,000 of eligible spend in the previous calendar quarter; this is waived for the month and calendar quarter in which a new card is issued.
Tata Neu Plus SBI Credit Card eligibility
- Age
- 21 to 70
SBI Card's issuance policy sets 21 to 65 years for salaried people and 25 to 70 years for self-employed people. Exceptions need internal approval. The documents we checked give no minimum income for this card.
The bank alone decides approval and your credit limit.
Tata Neu Plus SBI Credit Card lounge access
4 domestic visits a year. Banks often set a spend condition, so read the reward rules above.
4 domestic airport lounge visits a year, 1 per quarter, if you spent ₹50,000 in the previous calendar quarter.
Is the Tata Neu Plus SBI Credit Card right for you?
A card with a ₹499 fee that spending can waive, paying 2% at Tata Neu brands and an above-average 1% elsewhere.
Worth its fee if you spend about ₹3,000 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 Tata Neu brands: the card pays 2% back there, against 1% 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.
- You fly a few times a year: it includes 4 domestic airport lounge visits a year.
- You pay by UPI: it is a RuPay card you can link to UPI apps and use at shop QR codes.
Not for you if
- You spend less than about ₹8,400 a month: you would pay ₹589 a year with GST.
- You spend more than ₹50,000 a month at BigBasket: the higher rate stops there.
- You rarely use BigBasket and Tata Neu brands: outside them the card pays 1%.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to Tata Neu Plus SBI Credit 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 |
|---|---|---|---|
| Tata Neu Plus SBI Credit Card | ₹499 | 2% | ₹3,240* |
| PhonePe SBI Card SELECT BLACK | ₹1,499 | 10% | ₹6,720* |
| Tata Neu Infinity HDFC Bank Credit Card | ₹1,499 | 5% | ₹4,860* |
If most of your spending looks like the example above, the PhonePe SBI Card SELECT BLACK may suit you better: it would leave you ₹11,880 a year, against ₹6,120 with the Tata Neu Plus SBI Credit 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 Tata Neu Plus SBI Credit Card?
The joining fee is ₹499 and the renewal fee is ₹499 a year, both before GST. The renewal fee is waived if you spend ₹1 lakh or more in the previous year.
What are NeuCoins and how much are they worth?
NeuCoins are the rewards on this card. 1 NeuCoin equals ₹1 of savings, but you can spend them only on Tata Neu and Tata brands such as BigBasket, Croma, Tata CLiQ and Taj Hotels.
What are the NeuCoins limits on this card?
Grocery has a limit of 1,000 NeuCoins a month. Insurance, utility, and telecom and cable each have a limit of 2,000 NeuCoins a month. UPI spends have a limit of 500 NeuCoins per statement cycle.
How is it different from the Tata Neu Infinity SBI Card?
The Plus card costs ₹499 a year and gives 2% on Tata brands and 1% elsewhere. The Infinity card costs ₹1,499 and gives 5% on Tata brands and 1.5% elsewhere, plus more lounge visits.
Does the Tata Neu Plus SBI Credit Card give lounge access?
Yes. You get 4 domestic airport lounge visits a year, 1 per quarter, if you spent ₹50,000 in the previous calendar quarter. The card's terms list no international lounge visits.
Who can apply for the Tata Neu Plus SBI Credit Card?
SBI Card's policy sets an age of 21 to 65 years for salaried people and 25 to 70 years for self-employed people. The documents we checked do not give a minimum income for this card.