SBI Pulse Credit Card

Introduction :

The SBI Pulse Credit Card is a doorway to a world of benefits rather than merely a financial instrument. This credit card, which was created to meet the various demands of users, is evidence of State Bank of India’s dedication to providing excellent customer service.

Features :

• Fuel Surcharge Exemption
  • SBI Card Pulse waives the 1% fuel surcharge on transactions between Rs. 500 and Rs. 4,000, up to a maximum of Rs. 250.
• Lounge Advantages
  • Users of SBI Card Pulse are eligible for 8 complimentary domestic lounge visits per year (2 per quarter). 
  • For the first two cardholder membership years,which are limited to primary cardholders,the card additionally provides a Priority Pass Membership.
• Contactless payment
  • With the SBI card pulse, everyday purchases are now simple. To transact, just tap your card at a secure reader.
  • Quick and easy: for routine small ticket purchases, there’s no need to search for cash or change, nor turn in your card.
  • Security: During a contactless transaction, the card never leaves your hand, greatly lowering the possibility of card loss and fraud from skimming. The special security feature of VISA Paywave ensures that only one transaction is processed, even if the card is tapped repeatedly at the reader, increasing security.
• Worldwide Acceptance
  • Over 24 million SBI card PULSE outlets worldwide, including 3,25,000 in India, accept your card.
• Cash on the go
  • Take out cash from more than a million VISA ATMs worldwide.
• Easy Money
  • You can obtain a draft or check against your cash limit and have it delivered to your door with easy money.
• Balance Transfer on EMI
  • While paying off your credit card debt, save money.
  • To receive a lower interest rate and make interest payments in installments, transfer the balance owing on your credit card from another bank to your SBI Pulse credit card.

Charges :

• Annual Fee – Rs.1,499 + taxes
• Renewal FeeRs. 1,499 + taxes
• Add-on Fee – Nil
• Cash Advance Fee
• 2.5% of the amount withdrawn or Rs.500 (Domestic ATMs)
• 2.5% of the amount withdrawn or Rs.500 (International ATMs)
• Finance Charges – 3.50% per month or 42% per annum
• Payment dishonor fee – 2% of the payment amount; minimum of Rs.450
• Statement request – Rs.100 per statement (more than 2 months old)
• Fee for cash payment  – Rs.250
• Late payment fee –
  • From Rs.0 to Rs.500 – Nil
  • More than Rs.500 up to Rs.1,000 – Rs.400
  • More than Rs.1,000 up to Rs.10,000 – Rs.750
  • More than Rs.10,000 up to Rs.25,000 – Rs.950
  • More than Rs.25,000 up to Rs.50,000 – Rs.1,100
  • More than Rs.50,000 – Rs.1,300.
• Cheque payment fee – Rs.100
• Over limit fee – 2.5% of the over limit amount; (minimum of Rs.600)
• Rewards redemption fee – Rs.99
• Transaction of foreign currency  – 3.50%

Eligibility Criteria :

He/she should be a resident of India.

Age should be between 21 to 60 years

Should have minimum income of 2 lakhs  annually.

Benefits : 

Welcome benefits 

After paying the joining fee for SBI Card Pulse, cardholders receive a Noise ColorFit Pulse Smart Watch.

Health benefits

The card offers 1 year complimentary FITPASS PRO and Netmeds membership which can be renewed every year with card renewal.

1. Air Accident – Rs. 50 lakhs

2. Zero Liability – Rs. 1 lakh

3. Baggage Lost – Rs. 72,000 

4. baggage Delayed -Rs. 7,500

5. Travel document loss: Rs. 12,500 

6. Baggage Damaged: Rs. 5,000

Milestone Advantages

When cardholders spend Rs. 4 lakh (retail expenditure) in a year, they will receive a voucher worth Rs. 1,500.

You can avoid paying the annual fee if you spent at least Rs. 2,00,000 in the previous

Benefits of Insurance

Obtain a Rs. 50 lakh air accident insurance policy, a Rs. 1 lakh zero liability policy, and additional travel insurance coverage for things like delayed or lost luggage, misplaced travel documents, etc.

Reward points :

For every Rs. 100 spent at pharmacies, chemists, restaurants, and movie theaters, SBI Card Pulse offers 10 Reward Points. On any other purchase, cardholders receive two reward points for every rupee that is spent.

Reward Points: 1 = 0.25 rupees

How To Apply :

Apply through our website www.quickpolicy.in/sbi Apply Now

Documents Required :

Identity Proof: Valid government-issued ID card.

Address Proof: Utility bills or any document verifying the applicant’s address.

Income Proof:  last 3 months Salary slips, income tax returns, or other documents validating financial capacity.

Conclusion :

To sum up, the SBI Pulse Credit Card proves to be a strong competitor in the credit card market. With its features, advantages, and methodical approach to credit management, it’s a great tool for anyone’s financial toolbox. Think of the SBI Pulse Credit Card as a companion on your path to financial success rather than just a credit card.