SBI Card · RuPay
Eternal SBI Card
₹499/yr · waived at ₹2,00,000 annual spend (third-party figure) · advertised up to 10%
Data provenance
Field-level source review is pending for this card.
Card details are indicative and subject to change by the issuer. Always verify on the issuer's MITC before applying.
₹499/yr · waived at ₹2,00,000 annual spend (third-party figure). Advertised up to 10%. This reward rate comes from a third-party source (not issuer-verified); here's what it earns after the fine print.
On this page
What you actually get
Net reward
Total reward value on a typical ₹1L/month spend, minus the annual fee, after caps and exclusions.
Earning
Rewards & earning structure
Earns nothing on these categories
Costs
Fees & charges
Travel
Airport lounge access
Post-DreamFolks, mid-tier lounge access is often gated behind spend, here's the fine print.
Joining
Welcome benefit
Complimentary 6-month Zomato Gold membership on payment of the Rs 499 joining fee
Verdict
Pros & cons
What works
- Annual fee of ₹499 is waived at ₹2,00,000 annual spend. (third-party figure)
- Accelerated 10% on dining (10% instant discount on Zomato, District, Bistro; combined Rs 2,000/month cap across Zomato, Blinkit, District, Bistro).
Watch out for
- Top 10% category is capped at ₹2,000 reward value per month.
- Earns nothing on fuel, wallet loads, rent, insurance, education, utilities, common blind spots for optimizers.
- No complimentary airport lounge access.
- High 3.5% forex markup on overseas spend. (third-party figure)
FAQ
Common questions
What is the annual fee for the Eternal SBI Card?+
The Eternal SBI Card carries a ₹499 annual fee. It is waived when you spend at ₹2,00,000 annual spend. (Third-party figure.)
How do I get the Eternal SBI Card annual fee waived?+
Spend at least ₹2,00,000 in eligible transactions within your card anniversary year and the ₹499 renewal fee is waived. Note that excluded categories (like rent or wallet loads) usually do not count toward the waiver.
What is the real effective reward rate on the Eternal SBI Card?+
The Eternal SBI Card advertises up to 10%, but on a typical ₹1L/month spread its net return rate works out to about 0.67% after caps, exclusions and the annual fee, roughly ₹8,040 of gross reward value a year. Your own rate depends on where you spend.
Does the Eternal SBI Card offer airport lounge access?+
No, the Eternal SBI Card does not include complimentary airport lounge access.
What does the Eternal SBI Card not earn rewards on?+
The Eternal SBI Card excludes fuel, wallet loads, rent, insurance, education, utilities, these earn no rewards, which is exactly the fine print the effective-rate view exposes.
How do I apply for the Eternal SBI Card?+
You can apply through the labelled "Apply" button on this page, which routes to SBI Card. Always verify the latest terms on the issuer's MITC before applying.
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