Apollo SBI Credit Card

Apollo is one of the leading hospital chains in India and SBI is one of the leading banks with a robust credit card business. There have been credit card for every type of expenditure, except healthcare. This too, despite healthcare expenses ranking among the top list of all human expenses throughout their lifetime. The Apollo and State Bank of India’s partnership, however, puts an end to that and starts something anew. This card serves that end, targeting those who spend on healthcare at various Apollo centres - hospitals and pharmacies - around the country.

Highlights of the Apollo SBI Credit Card

• Earn 3X reward points on every Rs.100 spent at Apollo services
• Avail up to 10% instant discount on select Apollo services
• Get a complimentary Apollo Silver Tier Membership
• Enjoy the benefit of 1% fuel surcharge waiver

Benefits of the Apollo SBI Credit Card

Here’s a list of all the benefits that every Apollo SBI Credit Card gets to avail:

1. Welcome Gift:

   As part of availing the card, the bank offers a number of welcome benefits. They are:

   Complimentary Apollo Silver Tier Membership

   500 rewards points upon payment of the joining fee

   * Note that the 500 reward points will be credited to the card account within 20 days of activation of the card

2. Reward Point and Instant Discount

   Here are the reward points and instant discount available on this card:

   2X reward points on every Rs.100 spent on movies, dining, and entertainment

   1 reward point on every Rs.100 spent on beauty and wellness services

   1 reward point on every Rs.200 spent on non-fuel retail purchases

   3X reward points on every Rs.100 spent on Apollo services

   Up to 10% discount at select Apollo services

3. Fuel Surcharge Waiver

   Every Apollo SBI Credit cardholder is exempt from paying 1% fuel surcharge across all petrol outlets in the country

   Maximum limit for surcharge waiver stands at Rs.100 per month

4. Spend-based fee reversal

   When the cardholders spend more than Rs.90,000 in a calendar year, any annual fee from the subsequent year onwards is completely waived off.

5. Worldwide acceptance:

   The Apollo SBI Credit Card is an international credit card and is accepted at over 24 million outlets around the world. The card is accepted in over 3,25,000 outlets in India alone.

6. Add-on Cards

   The Apollo SBI Credit card allows you to add-on more cards along with the primary card, which can be used by the parents, spouse, siblings, or children, provided they are all above 18 years of age.

7. Utility Bill Payment

   Utility bill payment is now easy on the Apollo SBI Credit Card through its Easy Bill Pay facility

8. Flexipay

   The Apollo SBI Credit Card allows you to convert any transaction over Rs.2,500 into easy monthly installments. To avail this facility, you will need to log on to the sbicard.com website within 30 days of the purchase and convert the purchase into a flexipay facility.

9. Easy Money Facility

   This allows the cardholder to get a draft or a cheque against the available cash limit and get them delivered to their doorstep. To avail this facility, you will need to log on to the sbicard.com website and book for the same.

10. Balance Transfer on EMI

    The Apollo SBI Credit Card allows you to transfer your balance from a different card into this one and make payments on easy EMIs.

Apollo SBI Credit Card Fees and Charges

Here’s a list of all the charges that the Apollo SBI Credit card will come with:

1. Joining Fee and Renewal Fee:

   As joining fee, the card applicant will need to pay Rs.499 + applicable GST at the time of joining for the card services. After the first year, a renewal fee of Rs.499 + GST is required to be paid by the cardholder. There is no need for a renewal fee, however, if the annual spends for the previous year exceeds Rs.90,000.

2. Extended credit:

   The Apollo SBI Credit Card comes with an interest-free credit period of 20 - 50 days on retail purchases. This is, however, applicable only if the previous month’s outstanding amount is cleared in full.

3. Interest rate:

   The Apollo SBI Credit Card comes with an interest rate of 3.35% per month, which translates to 40.2% per annum from the date of transaction.

4. Cash advance:

   This card offer cash advance of up to 80% of the credit card limit, with a maximum cap of Rs.12,000 per day. There is no free credit period with the interest rates of up to 3.35% per month accounting to a maximum of 40.2% per annum from withdrawal date. Cash advance fee on SBI ATMs stand at 2.5% of the withdrawal amount, subject to a maximum of Rs.300. Withdrawals from international ATMs come with a 3% cash advance fee on the withdrawal amount, subject to a minimum of Rs.300.

5. Late payment fees:

   Due amount	Late fee amount
   Rs.0 to Rs.200	Zero
   Between Rs.200 to Rs.500	Rs.100
   Between Rs.500 to Rs.1,000	Rs.400
   Between Rs.1,000 to Rs.10,000	Rs.600
   Between Rs.10,000 to Rs.25,000	Rs.800
   Above Rs.25,000	Rs.950

Here’s A List Of Other Charges On The Apollo SBI Credit Card: