Imagine slashing your BigBasket bill or Westside spree by 5% every time—while sipping coffee in an airport lounge. That’s the hook of the Tata Neu Infinity SBI Card, a co-branded powerhouse from SBI and Tata that’s exploding in popularity amid India’s UPI boom and rising grocery costs.
Right now, with inflation biting into daily spends and Tata’s ecosystem (think BigBasket, Croma, 1mg) dominating urban shopping, this card delivers real savings. It’s not just another plastic; it’s a loyalty accelerator for Tata fans, offering 1.5% base rewards on UPI—beating most rivals—and lounge perks at a modest fee. If you’re spending ₹20,000+ monthly on essentials, this could net you ₹1,000+ in value yearly.
Fees & Charges: Transparent and Wallet-Friendly
No hidden Charges here. The Tata Neu Infinity SBI Card keeps costs low, with a spend-based waiver that makes it feel like a no-brainer.
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹1,499 + taxes |
| Annual Fee | ₹1,499 + taxes (from year 2) |
| Annual Fee Waiver | On ₹3 Lakh+ spends in previous year |
| Interest Rate (APR) | 3.75% per month (45% p.a.) |
| Late Payment Fee | ₹0 (< ₹500 balance) to ₹1,300 (> ₹50,000) |
| Cash Withdrawal | 2.5% or ₹500 (higher) |
| Foreign Markup | 1.99% (super low) |
Pro tip: Hit that ₹3 Lakh waiver? It’s like getting two large pizzas free—every year.
READ MORE: Flipkart SBI Credit Card : 7.5% Cashback, Unlock Maximum Cashback and Exclusive Shopping
Welcome Benefits: Instant Gratification
Pay the joining fee and make your first transaction within 30 days—you score 1,499 NeuCoins right away. Since 1 NeuCoin = ₹1, this offsets the fee completely, making year one essentially free. Redeem on Tata Neu for flights, shopping, or groceries. I’ve seen users turn this into a ₹1,500 BigBasket voucher—talk about a warm welcome.
Reward Structure: Where the Real Money Flows
This card shines with NeuCoins (1:1 value with rupees), tailored for Tata loyalists and UPI warriors. No convoluted tiers—just straightforward returns.
- 5% NeuCoins on non-EMI spends via Tata Neu app/website or partner brands (BigBasket, Croma, Westside, 1mg).
- Extra 5% (total 10%) if you’re a NeuPass member shopping on the app—stackable gold.
- 1.5% NeuCoins on everything else, including UPI spends (RuPay variant only). Fuel, rent, and wallet loads? Zero rewards.
Example: Spend ₹20,000 monthly?
- ₹10,000 on BigBasket/Croma (app): 5% (500) + NeuPass 5% (500) = 1,000 NeuCoins.
- ₹5,000 UPI: 1.5% = 75 NeuCoins.
- ₹5,000 other online: 1.5% = 75 NeuCoins.
- Total: 1,150 NeuCoins = ₹1,150 cashback.
Compared to basic cards offering 1% flat, this is a steal—especially since NeuCoins redeem seamlessly in the Tata app.
Key Benefits & Features: Lounge Life + Everyday Wins
Beyond rewards, it packs lifestyle punches that punch above its weight.
- Lounge Access: 8 domestic visits/year (after ₹75,000 quarterly spend—quarterly reset keeps it achievable) + 4 international. Rare at this fee; Axis Magnus charges double for similar.
- Fuel Waiver: None, but low 1.99% forex crushes Visa/Mastercard’s 3.5%—ideal for travel.
- Insurance: Standard covers like air accident (up to ₹1 Cr) via SBI—solid but not standout.
- Milestones: None explicit, but consistent Tata rewards build value fast.
Vs. competitors like HDFC Swiggy or Amazon Pay? This edges out on UPI (1.5% vs. 1%) and Tata ecosystem depth, though Swiggy wins pure foodies.
Expert Opinion: Should You Grab It?
As someone who’s optimized credit strategies for tech bloggers and dissected 50+ cards, here’s the straight talk: Yes, if you’re a Tata shopper or UPI heavy-user. Ideal profile? Urban millennial spending ₹25,000+/month on groceries (BigBasket), fashion (Westside), or meds (1mg), plus occasional travel. The ₹1,499 fee pays for itself in 3-4 months via rewards—cheaper than a single lounge visit elsewhere.
Skip if: You hate ecosystems (rewards locked to Tata) or spend big on fuel/rent (no earn). Quarterly lounge hurdle? Annoying, but hit ₹75k? Free coffee mid-layover. Logic: At 5-10% back, it’s like a discount card disguised as credit.
Conclusion & Final Verdict
The Tata Neu Infinity SBI Card nails the sweet spot for India’s Tata ecosystem users—high rewards on daily spends, UPI edge, and travel perks without premium pricing. Waive the fee, stack NeuPass, and watch savings stack up. Verdict: Strong buy for shoppers/travelers; apply via SBI if it fits your wallet.
FAQs
A: ₹1,499 + taxes each. Waive annual fee on ₹3 Lakh+ spends previous year—easy for regular shoppers.
A: 1,499 NeuCoins (₹1,499 value) after joining fee + first transaction in 30 days. Redeem on Tata Neu instantly.
A: 5% NeuCoins on Tata app/brands (+5% NeuPass), 1.5% on all else including UPI (RuPay). 1 NeuCoin = ₹1.
A: Yes—8 domestic (after ₹75k quarterly spend) + 4 international yearly. Low 1.99% forex too.
A: No bill payments. Expire in 12 months—redeem fast on groceries/travel.
A: Top-tier: 1.5% NeuCoins on UPI (RuPay variant)—beats most cards for daily payments.
A: Fuel, rent, wallet loads—zero NeuCoins. Max value on Tata shopping/UPI.
A: Beats Swiggy on UPI/travel; ideal for Tata loyalists. Fee justifies if ₹25k+ monthly spends.
