Eternal SBI Credit Card – Benefits, Fees & Eligibility

Introduction

Pre-launch tracker (1 Oct 2026): The Eternal SBI Credit Card has been spotted on the SBI Card website but SBI Card has not yet published fees, eligibility, caps, exclusions or the full rewards brochure. Everything below is based on the pre-launch teaser (reported 30 Sep 2026) plus pre-launch community reports - expect details to change at launch.

The Eternal SBI Credit Card is an upcoming co-branded credit card from SBI Card with Eternal Ltd, the parent company of Zomato, Blinkit, Hyperpure and the District going-out app. The early positioning is squarely everyday lifestyle spend: food delivery, quick commerce (non-grocery), curated dining and events, and movies on District.

Three headline benefits are confirmed at teaser level:

• 10% instant discount on spends on Zomato, District and Blinkit (non-grocery)
• 5% valueback on select out-of-ecosystem partner merchants
• Buy 1 Get 1 movie ticket free on the District app every month

Welcome Benefits

No official welcome benefit has been announced yet. This section will be updated once SBI Card publishes the joining offer.

Fees

SBI Card has not officially announced the joining or annual fee, so structured fee fields are intentionally left blank. Community speculation points to ~Rs. 499 + taxes, mirroring entry-level rivals - do not treat this as official.

• Joining Fee

  • Unannounced. Rumoured ~Rs. 499 + taxes (unconfirmed).

• Renewal Fee

  • Unannounced. Rumoured ~Rs. 499 + taxes per annum (unconfirmed).

• Spend-Based Waiver

  • Not announced.

• Rewards Redemption Fee

  • Not announced.

• Foreign Currency Markup

  • Not announced. Do not assume the standard SBI Card 3.5% + GST until the MITC confirms it.

• Interest Rates

  • Not announced.

• Fuel Surcharge

  • Not announced. Entry-level SBI cards typically offer 1% waiver on Rs. 500-4,000 (capped Rs. 250/cycle), but this is unconfirmed for Eternal.

• Cash Advance Charges

  • Not announced.

Rewards

• Rewards Rate

  • 10% instant discount on eligible Zomato (food delivery, dining via app), District (events, dining, ticketing) and Blinkit non-grocery transactions (non-grocery like electronics, beauty, home goods expected; everyday grocery delivery expected to be excluded).
  • Up to 5% valueback on select out-of-ecosystem partner merchants (merchant list awaited).

• Milestone Benefit

  • None announced.

• Dining

  • 10% instant discount on Zomato and District (minimum order value and monthly cap awaited).

• Movies

  • Buy 1 Get 1 ticket free on the District app every month (caps, eligible cinemas and booking restrictions awaited).

• Other Benefits

  • No travel, lounge, golf or insurance benefits have been announced. The card reads as a dining / shopping / entertainment card, not a travel card.

Rewards Redemption Guide

• The 10% benefit is described as an instant discount, meaning it should apply at checkout on eligible transactions rather than as post-statement cashback - exact mechanics to be confirmed.
• The 5% valueback mechanics (statement credit vs wallet credit vs points, and posting timelines) have not been disclosed.
• For mixed Blinkit baskets, watch how SBI/Blinkit segregate grocery vs non-grocery SKUs at checkout - test with a small order at launch before moving large spends.

Early Comparison - Eternal SBI vs HDFC Swiggy

Net: Swiggy wins for grocery-heavy households today; Eternal could win for dining-out + movies + non-grocery quick commerce if caps are reasonable.

Card Review

Ideal User Profile: Frequent Zomato / Blinkit / District users who already concentrate food delivery, non-grocery quick-commerce, dining-out and movie bookings inside the Eternal ecosystem and want upfront checkout discounts without chasing points.

Verdict: On headline alone this is a promising lifestyle card for Eternal-ecosystem spenders. But with fees, caps, minimum order values, grocery-segregation logic, the valueback merchant list and fee-waiver terms all missing, no firm verdict is possible yet. Wait for the official MITC, then compare against the SBI Cashback Card, Swiggy HDFC and HSBC Live+ on your own grocery vs dining-out vs movie split before applying.

What To Verify At Launch

• Monthly discount caps per platform (a low cap like Rs. 500/month would neuter the 10% headline).
• Minimum order value triggers for the instant discount.
• Blinkit grocery vs non-grocery segregation for mixed baskets (MCC vs SKU filtering).
• District movie caps, convenience-fee handling and blackout days.
• True nature of 5% valueback (liquid statement credit vs locked ecosystem currency).
• Joining, renewal and waiver-break-even maths.

Important Product Details

• Upcoming SBI Card x Eternal co-brand covering Zomato, Blinkit and District.
• 10% instant discount is explicitly non-grocery on Blinkit - everyday grocery delivery expected to be excluded, unlike the HDFC Swiggy Card which rewards Instamart groceries.
• 5% valueback is for select out-of-ecosystem partner merchants; merchant list and credit mechanics are pending.
• Monthly BOGO movie ticket is on the District app (not generic box-office).
• Reported ~Rs. 499 + taxes fee and Prime / Elite / metal variant names come from pre-launch reports only, not from SBI Card.
• Card network (Visa / Mastercard / RuPay), UPI enablement, add-on cards, EMI and balance-transfer terms are all unannounced.

Other Details

• Sources: SBI Card website teaser (spotted via the Tata Neu Plus SBI Card page); media report dated 30 Sep 2026; TapNow community pre-launch thread dated 28 Sep 2026; Reddit fee chatter.
• This page will be updated with the official SBI Card brochure, MITC link and Apply URL at launch.
• Card image pending - page currently falls back to the placeholder until public/credit-card-images/eternal-sbi-card.webp is added.