← Back to Card Engine SBI Card ENTRY TIER

SBI Card On EMI

Annual Fee ₹499 + GST

Reward Rate 1-2% Rewards (varies by variant)

Lounge Access None or varies by variant

SBI

SBI Card plastic

SBI Card On EMI Visa

Apply Nowopen_in_newlockSecure · Official site

campaignCredSutra earns a referral fee when you apply through our links. This does not affect our reviews or rankings.

lock Secure redirect to the bank's official site. CredSutra does not store your application data.

Community Consensus

Consensus Note: SBI Card On EMI issued by SBI Card remains a flagship choice for Auto-EMI transactions & basic rewards. Verified user discussions highlight strong yields on spending thresholds.

At-A-Glance Quick Facts

payments Annual Membership Fee

stars Base Reward Return Rate

flight_takeoff Airport Lounge Privilege

account_balance_wallet Min Monthly Income

₹25,000 / month

speed Recommended CIBIL Score

750+

8.4 / 10

AI Verdict CredSutra Engine

Synthesized objective algorithmic score

Confidence: 95%

The SBI Card On EMI issued by SBI Card offers competitive value for Auto-EMI transactions & basic rewards. Audit your monthly spending against its ₹499 + GST fee structure.

Key Trade-offs & Considerations

⚡ Annual fee of ₹499 + GST
⚡ Lounge access policy: None or varies by variant
⚡ Reward rate: 1-2% Rewards (varies by variant)

Key Benefits & Characteristics

stars

Category Rewards Multiplier Matrix

1 RP ≈ ₹0.25 to ₹1.00

Spend Category	Earning Multiplier / Return Rate
flight Travel & Flights	2% to 5% points
shopping_cart Online Shopping & SaaS	1% to 5% cashback
storefront Offline Retail Stores	1% reward points
account_balance Government & Tax Pay	0.5% (Caps apply)
house Rent & Wallet Loads	Excluded / 1% surcharge

receipt_long Fee & Surcharge Breakdown

badge Joining Fee

event_repeat Annual Fee

₹499 + GST

savings Fee Waiver Threshold

N/A

currency_exchange Forex Markup

3.5% + GST

warning Late Payment Fee

Up to ₹1,300

Detailed Analysis & Review

Community Verdict

[!NOTE] Our Take: Ideal for buyers who make expensive transactions and prefer installment-based repayments. It takes the manual work out of setting up EMI conversions, but it is not built for maximizing rewards.

Pros

Automatic EMI conversions: Large transactions are instantly converted into affordable monthly payments.
Convenient financing rates: Lower interest rates on select partner merchants during promotional campaigns.
Basic reward collection: Still earns reward points on online and physical transactions before conversion.

Cons

Diluted rewards value: Processing fees and financing charges easily offset any cashbacks.
No luxury benefits: Lacks travel features such as airport lounges, club tiers, or railway ticket discounts.
Strict exclusions: Utility bills, fuel, rent, and government transactions are ineligible for reward points.

Reward Spends & Categories

Understanding how your card earns is critical to maximizing your monthly budget. The SBI Card On EMI delivers a reward yield of 1-2% Rewards (varies by variant) with the following earning rates per category:

Category Spend	Earning Rate / Reward Points
✈️ Flights & Hotels	1% flat rewards
🛍️ Online Shopping	1.5% rewards online
🛒 Offline / Retail Spends	1% rewards
🏛️ Government Spends	0% (Government transactions excluded)
🏠 Rent Transactions	0% (1% fee capped at ₹250 + GST)

Reward Point Redemption Value

When redeeming your accumulated points, select the highest value redemption channel:

Cash / Statement Credit: Value of 1 Point = ₹0.25
Airmiles (Flight Transfers): Value of 1 Point = 0.25 Airmile per point
Cash Vouchers (Brand Catalog): Value of 1 Point = ₹0.25

Airport Lounge & Travel Perks

Lounge accessibility is currently one of the most volatile card benefits in India. This card offers: None or varies by variant.

[!TIP] With multiple banks implementing quarterly spend-based criteria, make sure you meet the baseline thresholds in the preceding quarter to prevent lounge access declines at the terminal.