Apollo SBI Credit Card Review | Features, Benefits, and eligibility

Apollo SBI Credit Card is one such card that aims at offering healthcare benefits with Apollo Healthcare Services along with benefits on some other spending categories. Even if you are going for a regular check-up or to buy prescription medicines, you will be able to earn 3x rewards on your transactions.

Let’s have a look at this Apollo SBI Credit Card Review to help you decide whether this card will do justice to your requirements or not.

Key Features of Apollo SBI Credit Card
Joining FeeRs. 499
Annual FeeRs. 499
Best Suited ForWelcome Offer, Rewards, Fuel
Rewards Program3X reward points on every Rs. 100 spent on all Apollo services
Welcome Bonus Free Apollo Membership | 500 reward points worth Rs. 500 on payment of joining fee 


Apollo SBI Credit Card Features & Benefits

The features and benefits of Apollo SBI Credit Card are as follows:

Welcome Benefits: You can avail of welcome benefits as per the below details:

  • On the payment of joining fee, cardholders will get a complimentary Apollo Silver Tier Membership
  • 500 reward points worth Rs. 500 on the payment of joining fee

Reward Points: Cardholders can earn rewards as per the below details: 

  • 1 reward point for every Rs. 200 spent on all non-fuel retail purchases
  • 1 reward point per Rs. 100 spent on beauty and wellness services
  • 2X reward points on every Rs. 100 spent on dining, movies & entertainment
  • 3X reward points on every Rs. 100 spent on all Apollo services

Note: 1 reward point = Rs. 1.

Contactless Advantage

  • Daily purchases now made easy with Apollo SBI card. Simply wave your card at a secure reader to transact
  • Fast & convenient: No need to hand over your card or look for cash /coins for everyday small ticket purchases
  • Security: The card never leaves your hand during a Contactless transaction, significantly reducing the risk of card loss and fraud due to skimming (counterfeit). Even if the card is waved multiple times at the reader, the unique security key feature of MasterCard Contactless will ensure that only one transaction goes through, thus making it more secure

Instant Discount: With this credit card, users can also avail of up to a 10% direct discount on select Apollo Services.

Spend-based fee Reversal: Spend a minimum of Rs. 90,000 in a year and get annual membership fee reversal on Apollo SBI Card from 2nd year onwards.

Fuel Surcharge Waiver: 1% fuel surcharge waiver on fuel transactions between Rs. 500 to Rs. 3,000, subject to a maximum waiver of Rs. 100 in a month.

Flexipay: Users can convert their purchases of Rs. 2,500 and above into EMIs within 30 days of the purchase.

Apollo SBI Credit Card Fees & Charges

The fees and charges associated with this card are mentioned in the table below:

ParticularDetails
Joining FeeRs. 499 + GST
Renewal FeeRs. 499 + GST (Fee reversed on an annual spend of Rs. 90,000 or more)
Finance Charges3.50% per month [42% per annum]
Late Payment ChargesFor Statement Balance
Less than Rs. 500 – Nil
Rs. 500 up to Rs. 1,000 – Rs. 400
Rs. 1,000 up to Rs. 10,000 – Rs. 750
Rs. 10,000 up to Rs. 25,000 – Rs. 950
Rs. 25,000 up to Rs. 50,000 – Rs. 1,100
Amount over Rs. 50,000 – Rs. 1,300

*To view the most important terms and conditions, click here.

Apollo SBI Credit Card: Eligibility & Documentation

The applicant must satisfy the below eligibility to apply for this card:

CriteriaDetails
OccupationSalaried or Self-employed
Serviceable CitiesCover all the Most of Cities

Along with the duly filled application form, an applicant has to submit valid proof of identity, address, and income. 

How to apply for Apollo SBI Credit Card?

Apollo SBI Card is currently not provided on our platform. Those, who wish to apply for the card, can either visit the official website of SBI or can apply by visiting the nearest branch.

Things to know

  • Cheques payable outside clearing the zones are not accepted. We accept payment through local cheques or drafts payable in Delhi only.
  • All taxes would be charged as applicable on all the above Fees, Interest & Charges.