State Bank of India continues to impress with its range of credit cards, and the latest addition is the SBI Pulse Credit Card, tailored specifically for fitness enthusiasts. This card offers a range of benefits, including a complimentary Fitpass Pro membership for one year upon joining. Beyond this, cardholders can enjoy various perks such as reward points, free access to airport lounges, insurance coverage, and more. It’s essential to review all the features and advantages of the SBI Pulse Credit Card to make the most of it. Additionally, be sure to understand the associated fees and charges before applying, and take advantage of the multiple payment options available to manage your card’s balance.
Features and Benefits of SBI Card Pulse
The SBI Card Pulse offers a range of impressive features and benefits, particularly advantageous for those looking to save on fitness-related expenses. Here’s a breakdown of the benefits you can enjoy with the SBI Pulse Credit Card:
Welcome Benefits
When you acquire the SBI Pulse Credit Card, you will receive:
- A welcome gift: the Noise ColorFit Pulse 2 Max SmartWatch valued at INR 5,999.
- This gift is available upon payment of the joining fee.
Enjoy Health Benefits
In addition to the welcome gift, the SBI Pulse Credit Card offers valuable health-related benefits, including:
- Free Fitpass Pro Membership for one year.
- Free Netmeds First Membership for one year.
Note: To receive these memberships, you must pay the joining fee and complete at least one retail transaction. The memberships will be renewed annually upon payment of the renewal fee.
Earn Reward Points
With the SBI Pulse Credit Card, you can earn reward points on your daily spending:
- 10 points for every INR 100 spent on pharmacy, chemist, movies, and dining.
- 2 points for every INR 100 spent on other categories.
You can redeem these reward points through the bank’s Reward Catalogue available on their website. For every 4 reward points, you receive the equivalent of 1 rupee. Choose your desired product from the catalogue and redeem your points accordingly.
Enjoy Health Benefits
In addition to the welcome gift, the SBI Pulse Credit Card offers valuable health-related benefits, including:
- Free Fitpass Pro Membership for one year.
- Free Netmeds First Membership for one year.
Note: To receive these memberships, you must pay the joining fee and complete at least one retail transaction. The memberships will be renewed annually upon payment of the renewal fee.
Earn Reward Points
With the SBI Pulse Credit Card, you can earn reward points on your daily spending:
- 10 points for every INR 100 spent on pharmacy, chemist, movies, and dining.
- 2 points for every INR 100 spent on other categories.
You can redeem these reward points through the bank’s Reward Catalogue available on their website. For every 4 reward points, you receive the equivalent of 1 rupee. Choose your desired product from the catalogue and redeem your points accordingly.
Enjoy Milestone Benefits
As you reach certain spending thresholds with the SBI Pulse Credit Card, you’ll unlock additional benefits:
- Renewal Fee Waiver: Achieve INR 2 lakhs in spending to qualify for a waiver on the renewal fee.
- E-Voucher: Spend INR 4 lakhs to receive an e-voucher worth INR 1,500.
Get an Insurance Cover
The SBI Pulse Credit Card also offers comprehensive financial protection. Here’s the coverage you receive:
- Fraud Liability: Up to INR 1 lakh.
- Air Accident: Up to INR 50 lakhs.
- Loss of Checked-in Baggage: Coverage up to USD 1,000.
- Loss of Travel Documents: Coverage up to INR 12,500.
- Baggage Damage: Coverage up to INR 5,000.
- Delay in Checked-in Baggage: Coverage up to INR 7,500.
Enjoy Free Access to Airport Lounges
Travel in comfort with the SBI Pulse Credit Card, which provides complimentary access to airport lounges. Here’s what you get:
- 8 Complimentary Lounge Visits per Year: You can access airport lounges up to 8 times annually.
- Quarterly Limit: Enjoy a maximum of 2 visits per quarter.
Benefit from Fuel Surcharge Waiver
The SBI Pulse Credit Card also offers benefits on your fuel expenses:
- 1% Surcharge Waiver: Save on fuel with a 1% surcharge waiver at all petrol stations across India.
- Monthly Cap: Enjoy a maximum waiver of INR 250 per month.
- Transaction Range: The waiver applies to transactions between INR 500 and INR 4,000.
Utilize the FlexiPay Facility
The SBI Pulse Credit Card offers a FlexiPay option, which allows you to manage large transactions more effectively:
- Transaction Amount: You can convert transactions of INR 2,500 or more into flexible payments.
- Conversion Window: This option is available for up to 30 days from the transaction date, so make sure to utilize it within this period to benefit from flexible EMI payments.
Global Acceptance of Pulse Credit Card
The Pulse Credit Card offers extensive usability:
- Worldwide Usage: It can be used at over 24 million outlets globally.
- Domestic Acceptance: The card is accepted at 3.25 lakh locations across India.
- Contactless Payments: Enjoy the convenience of making contactless transactions with this card.
Fees and Charges for the SBI Pulse Credit Card
The SBI Pulse Credit Card comes with an annual fee of ₹1,499 and an equal joining fee of ₹1,499. Below is a detailed breakdown of other associated fees:
| Fee Type | Amount (₹) |
|---|---|
| Card Replacement | 100 – 250 |
| Rewards Redemption Fee | 99 |
| Payment Dishonor | 500 |
| Over Limit Fee | 600 |
| Finance Charges | 3.50% per month |
| Cash Payment Fee | 250 |
| Cash Advance Fee | 500 |
| Foreign Currency Transaction Fee | 3.5% (Excludes Elite & Aurum) |
| Processing Fee on Rent Payment Transactions | 199 |
| Balance Transfer Fee | 1.7% per month (for 180-day tenure) |
Late Payment Charges
If you miss a payment on your SBI Pulse Credit Card, SBI Bank will apply a late fee in addition to the overdue amount. To help you understand the costs, here is a breakdown of the late payment charges:
| Outstanding Amount | Late Fee (₹) |
|---|---|
| ₹0 to ₹500 | NIL |
| Exceeding ₹500 up to ₹1,000 | 400 |
| Exceeding ₹1,000 up to ₹10,000 | 750 |
| Exceeding ₹10,000 up to ₹25,000 | 950 |
| Exceeding ₹25,000 up to ₹50,000 | 1,100 |
| Above ₹50,000 | 1,300 |
Payment Methods for SBI Card Pulse
You have several options to pay your Pulse Credit Card bill:
- Pay via NEFT (National Electronic Funds Transfer)
- Use Paynet to settle your bills
- Make an online payment through NACH (National Automated Clearing House)
- Utilize various debit cards to complete the payment
- SBI customers can use the SBI YONO app for bill payment
- The increasingly popular method is UPI (Unified Payments Interface), which is also available for credit card payments
- Payment gateways such as Paytm and Google Pay (Gpay) are also options for settling your credit card bill
FAQs on SBI Pulse Credit Card
- Is this card ideal for fitness enthusiasts?
Yes, the SBI Pulse credit card is designed with fitness enthusiasts in mind. Upon paying the joining fee, you’ll receive a complimentary Noise ColorFit Pulse Smartwatch, which helps you monitor your fitness activities.
- What health benefits come with the SBI Pulse Card?
After paying the joining fee and making one retail transaction, you’ll receive a complimentary Fitness Pro Membership valid for one year. Additionally, you’ll get free Netmeds membership with the same transaction. These benefits help you maintain a healthy lifestyle.
- What travel perks does the SBI Pulse Credit Card offer?
The SBI Pulse credit card provides complimentary access to airport lounges, which is especially advantageous for frequent travelers within India, whether for business or leisure.
- Is it possible to convert SBI Card Pulse transactions into EMIs?
Yes, you can convert transactions into EMIs with the SBI Pulse credit card. To do so, your transaction must be INR 2500 or more, and you can then easily convert it to Flexipay.
- What are the Joining and Renewal Fees for the Pulse Credit Card?
The joining fee for the Pulse credit card is ₹1,499 plus GST. The renewal fee is the same amount. However, you can have the renewal fee waived if you spend ₹2 lakhs or more, as specified in the terms and conditions.
- What are the eligibility requirements for the Pulse Credit Card?
To apply for the SBI Pulse Credit Card, you must meet the following criteria:
- Minimum age: 21 years
- Maximum age: 60 years
- CIBIL Score: 750 or higher
- Stable income
- Indian citizenship
- What documents are needed for the SBI Card Pulse application?
To apply for the SBI Card Pulse, you’ll need to provide one proof of identity, one proof of address, and one proof of income. Acceptable documents include the Aadhar Card, PAN card, and salary slip.
- What is the credit limit for the SBI Pulse Card?
The credit limit for the SBI Pulse Card is based on your income and CIBIL Score. A higher monthly income and better CIBIL Score typically result in a higher credit limit for this card.
- How can I pay my SBI Pulse Credit Card bill?
You have several options to pay your SBI Pulse Credit Card bill, including:
- NEFT
- Paynet
- NACH
- Other debit cards
- SBI YONO app
- UPI
- Payment gateways like Paytm and Google Pay (Gpay)
You can switch between these payment methods by notifying the bank as needed.
- What are the late payment charges for the SBI Pulse Card?
Late payment charges for the SBI Pulse Credit Card range from ₹400 to ₹1,300, depending on the due amount.
- Is there an add-on card facility available with the SBI Pulse Card?
Yes, you can obtain an add-on card for a family member. The individual receiving the add-on card must be at least 18 years old, so ensure that this age requirement is met.
