SBI Card PULSE – Benefits, Fees & Eligibility

SBI Card PULSE

The SBI Card PULSE is designed for individuals who prioritize health and wellness, offering a blend of health-centric benefits, lifestyle privileges, and travel advantages. Issued with a joining fee, it provides a valuable welcome gift and recurring health memberships, coupled with a rewarding points program across various spending categories. The card also includes travel perks such as complimentary domestic lounge access and a Priority Pass membership, alongside comprehensive insurance coverage and milestone benefits, making it a well-rounded option for managing both health and finances.

Welcome Benefits

• Get a Noise ColorFit Pulse 4 Pro Smart Watch worth Rs. 7,999 on payment of the joining fee. This gift voucher is sent within 45 days of paying the joining fee.
• Enjoy 1 year complimentary FITPASS PRO Membership. This membership is received every year upon card renewal, subject to payment of the joining fee and a minimum of one retail transaction in the first year.
  • FITPASS PRO membership includes access to over 4,000 gyms and fitness studios.
  • Unlimited access to interactive and recorded online fitness sessions.
  • Personal nutritionist and exclusive Artificial Intelligence-led Fitness Coaching sessions.
• Enjoy 1 year complimentary Netmeds First Membership. This membership is received every year upon card renewal, subject to payment of the joining fee and a minimum of one retail transaction in the first year.
  • Netmeds First membership includes unlimited online doctor consultations.
  • Basic health check-ups every year (Note: Recent changes suggest this might be replaced by six free online consultations).
  • Complimentary 2.5% NMS Super Cash (up to ₹1000) on every prepaid order.
  • An additional 5% discount on pathology lab tests.
  • Unlimited free deliveries.

Fees

• Joining Fee (one-time): Rs. 1,499 + Taxes (GST).
• Renewal Fee (per annum): Rs. 1,499 + Taxes (GST) from the second year onwards.
• Spend-Based Waiver: The renewal fee is reversed if annual spends for the previous year are Rs. 2,00,000 or more.
• Add-on Fee (per annum): Nil.
• Rewards Redemption Fee: Rs. 100 on each redemption request.
• Foreign Currency Markup: 3.5% of the transaction amount.
• Interest Rates: 3.75% Per Month (45% Per Annum).
• Fuel Surcharge: 1% fuel surcharge waiver for each transaction between Rs. 500 and Rs. 4,000. The maximum surcharge waiver is Rs. 250 per statement cycle, per credit card account.
• Cash Advance Charges: 2.5% of the cash amount, subject to a minimum of Rs. 500.

Rewards

• Earn 10 Reward Points per Rs. 100 spent on Chemist, Pharmacy, Sports, Dining, and Movies spends.
  • Cardholders can earn up to 7,500 accelerated Reward Points each month in these categories, after which the normal reward rate is applicable.
• Earn 2 Reward Points per Rs. 100 spent on all your other spends.
• No Reward Points are earned on selected transactions, including cash withdrawals, fuel purchases, balance transfers, and wallet reloading.
• 1 Reward Point = Re. 0.25 (or 4 Reward Points = Rs. 1).

Rewards Redemption Guide

• Use your Reward Points to pay the outstanding balance on your credit card. The conversion rate is 4 Reward Points = Rs. 1.
• You can also redeem your Reward Points against a wide array of gifts from the Reward Catalogue.
• To redeem, log in to your SBI Card Internet banking account or browse through the Rewards Catalogue on the SBI Card website.
• A rewards redemption fee of Rs. 100 is applicable on each redemption request.

Card Eligibility Criteria

• Age: Between 18 Years and 65 Years.
• Income: Stable income as a salaried or self-employed individual.
• Credit Score: A decent credit score (typically 750 or above) is required.

Documents Required

• Identity Proof: PAN Card, Aadhar Card, Voters’ ID, Driving Licence (any one).
• Address Proof: Driving Licence, Aadhar Card, Passport, Utility bills, Ration Card (any one).
• Income Proof: Latest bank statements (at least 3 months), latest salary slips, or latest audited ITR.

Card Review

The SBI Card PULSE is an excellent choice for health-conscious individuals and those seeking an affordable credit card with good rewards and other benefits. Its standout features include a valuable Noise ColorFit Pulse 4 Pro Smart Watch as a welcome gift and complimentary FitPass Pro and Netmeds First memberships that can effectively become lifetime free with annual renewal. For travelers, the card offers 8 complimentary domestic airport lounge visits annually and a complimentary Priority Pass membership for the first two years, though usage fees apply for Priority Pass lounge visits.

Pros:

• Substantial welcome benefit with a smartwatch.
• Complimentary annual health and fitness memberships (FitPass Pro, Netmeds First).
• Accelerated reward points on health-related spends, movies, and dining.
• Significant insurance covers, including air accident, fraud liability, and travel insurance.
• Renewal fee waiver on achieving a reasonable annual spend.
• Fuel surcharge waiver.

Cons:

• Air Accident insurance coverage will be discontinued from July 15, 2025.
• Priority Pass membership is complimentary, but visits are chargeable.
• A rewards redemption fee applies to each redemption request.
• A cap on accelerated reward points per month.

Overall, the SBI Card PULSE provides strong value, especially for those who can leverage its health and wellness benefits, alongside its reward structure for lifestyle spends and travel perks.

Important Product Details

• Welcome Gift: Get a Noise ColorFit Pulse 4 Pro Smart Watch worth Rs. 7,999 upon payment of the joining fee.
• Health & Wellness Benefits:
  • 1 year complimentary FITPASS PRO Membership, renewable annually on card renewal.
  • 1 year complimentary Netmeds First Membership, renewable annually on card renewal.
  • Both memberships are subject to payment of the Joining Fee and a minimum of one retail transaction in the first year.
• Reward Points:
  • 10 Reward Points per Rs. 100 spent on Chemist, Pharmacy, Sports, Dining, and Movies (up to 7,500 accelerated RPs per month).
  • 2 Reward Points per Rs. 100 spent on all other categories.
  • Value of 1 Reward Point = Re. 0.25.
  • No Reward Points on fuel, cash withdrawals, balance transfers, or wallet reloads.
• Milestone Benefits:
  • Renewal Fee waiver on annual spends of Rs. 2 Lakhs or more in the previous year.
  • Get a Rs. 1,500 E-Voucher on achieving annual retail spends of Rs. 4 Lakhs.
• Lounge Access:
  • Complimentary 8 Domestic Lounge visits per year (restricted to 2 per quarter).
  • Complimentary Priority Pass Membership for the first two years of cardholder membership (no complimentary visits are included).
• Insurance Coverage:
  • Complimentary Credit Card Fraud Liability Cover of Rs. 1 Lakh. This cover is valid for 48 hours prior to reporting the loss, up to 7 days post reporting.
  • Air Accident Liability Cover of Rs. 50 Lakhs (will be discontinued from July 15, 2025).
  • Travel Insurance Covers:
    • Loss of check-in baggage: up to Rs. 72,000 (1000 USD).
    • Delay of check-in baggage: Rs. 7,500.
    • Loss of travel documents: up to Rs. 12,500.
    • Delay in flight: Cover up to Rs. 7,500.
    • Damaged Baggage: Rs. 5,000.
• Fuel Benefit: 1% Fuel Surcharge waiver for transactions between Rs. 500 and Rs. 4,000, with a maximum waiver of Rs. 250 per statement cycle.
• Fees: Annual Fee and Renewal Fee of Rs. 1,499 + Taxes. Rewards Redemption Fee of Rs. 100 per request.
• Payment Facilities: Flexipay and Balance Transfer on EMI options available.
• Add-on Cards: Available for family members (parents, spouse, children, or siblings above 18).

Other Details

• Contactless Advantage:
  • Facilitates daily purchases by simply tapping the card at a secure reader.
  • Offers fast and convenient transactions, eliminating the need for cash or coins for small purchases.
  • Enhanced security as the card never leaves your hand, reducing risk of loss and skimming.
  • VISA PayWave’s unique security key ensures only one transaction goes through even if tapped multiple times.
• Worldwide Acceptance:
  • The card can be used in over 24 million outlets across the globe, including 3,25,000 outlets in India.
  • Accepted at any outlet that accepts VISA.
• Cash on the Go:
  • Ability to withdraw cash from over 1 million VISA ATMs across the globe.
• Utility Bill Payment Facility:
  • Pay electricity, telephone, mobile, and other utility bills using the Easy Bill Pay facility.
• Flexipay:
  • Convert transactions of Rs. 2,500 or more into Easy Monthly Installments.
  • Initiate Flexipay by logging onto sbicard.com within 30 days of purchase.
• Balance Transfer on EMI:
  • Transfer outstanding balances from other banks’ credit cards to your SBI Card PULSE to avail a lower rate of interest and pay back in EMIs.
  • This service can be availed by logging onto sbicard.com with your user ID and password.
• Applying for the Card:
  • Online: Apply via the SBI Card website by filling in required details.
  • Offline: Visit the nearest SBI branch with all necessary documents and fill out a physical application form.
• Customer Assistance: For assistance, call SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• Payment Settlement: Information regarding the order of payment settlement is available on the SBI Card website.
• Important Note: Submit account payee cheques following CTS 2010 standards for timely processing of cheque payments. All taxes are charged as applicable on fees, interest, and other charges. Continued use of the card implies acceptance of any amendments to the Terms and Conditions.