Delhi Metro SBI Credit Card – Benefits, Fees & Eligibility

Introduction

The Delhi Metro SBI Credit Card, issued by SBI Card, is a basic, multi-purpose credit card designed for individuals who frequently use the Delhi Metro for their daily commute. It functions as both a credit card and a smart card, offering an auto top-up facility for the Delhi Metro Smart card. Key benefits include accelerated reward points on everyday spending categories like dining, movies, groceries, departmental stores, and utility bill payments, along with a renewal fee waiver based on annual spending.

Welcome Benefits

• 2000 Reward Points on spending ₹2000 within the first 60 days of card issuance.
• Free Metro cash of ₹50 on your Delhi Metro Smart card, available upon payment of the joining fee.

Fees

• Joining Fee: Rs. 500 + GST
• Annual Fee: Rs. 500 + GST
• Spend-Based Waiver: Renewal fee waiver of Rs 500 on spending of Rs 1,00,000 in the previous year. This waiver is applicable from the second year of membership.
• Rewards Redemption Fee: Rs 99 per redemption request.
• Foreign Currency Markup: 3.5% on the conversion amount.
• Interest Rates: 3.5% per month (42% per annum).
• Fuel Surcharge Waiver: 1% surcharge waiver on all fuel transactions at all fuel stations across India. This waiver is valid for fuel transactions between Rs 500 and Rs 3000.
• Cash Advance Charges: 2.5% on the withdrawal amount, subject to a minimum amount of Rs 500.

Rewards

• Earn 10 reward points on every ₹100 spent on Dining, Movies, Grocery, Departmental stores, and Utility bill payments.
• Earn 1 reward point on every ₹100 spent on other categories.
• You can get up to 5,000 reward points per statement cycle.
• Reward points do not accrue on fuel transactions.
• Travel: The card is best suited for travel, specifically for Delhi Metro commuters.
• Other Benefits: Auto top-up of ₹200 on your Delhi Metro Smart card when its balance reaches ₹100.

Rewards Redemption Guide

• Reward points accumulated on this card can be redeemed against the SBI Card reward catalogue.
• Reward points can also be redeemed against statement cash.
• A reward redemption fee of Rs 99 will be charged for every redemption request.

Card Review

The Delhi Metro SBI Credit Card is a basic card best suited for individuals who frequently use the Delhi Metro for commuting. It helps users save money on their day-to-day Metro travels.

• Pros:
  • Multi-purpose card functioning as both a credit card and a Delhi Metro Smart card.
  • Auto-recharge top-up of Rs. 200 when the smart card balance reaches ₹100.
  • Accelerated rewards of up to 10x reward points on Dining, Movies, Grocery, Departmental stores, and utility bill payments.
  • Renewal fee waiver on achieving a specified annual spending threshold.
  • Fuel surcharge waiver.
• Cons:
  • A reward redemption fee of Rs 99 is charged per request.
  • High foreign currency markup fee.
  • High interest rates.

Important Product Details

• 2000 Reward Points on spending Rs 2000 within the first 60 days of card issuance.
• 10 Reward Points on every Rs 100 spent on Dining, Movies, Grocery, Departmental stores, and Utility bill payments.
• Auto top-up of Rs 200 on your Delhi Metro Smart card when your balance reaches Rs 100.
• Renewal fee waiver on annual spending of Rs 1,00,000 in the previous year.
• 1% surcharge waiver on all fuel transactions at all fuel stations across India.
• The card is a multi-purpose card, performing the function of both a credit card and a smart card.
• You can get up to 5,000 reward points per statement cycle.
• Reward points do not get accrued on fuel transactions.

Other Details

• The card is a multi-purpose card launched by SBI Card in partnership with Delhi Metro, performing the function of both a credit card and a smart card.
• The card is best suited for people who frequently use the Delhi Metro to commute.
• Fuel transactions between Rs 500 and Rs 3000 are valid for the 1% surcharge waiver.
• The renewal fee waiver is applicable on the second year of membership.
• General terms and conditions apply to all benefits and features.