TATA Neu Plus SBI Credit Card

The key features and benefits of the Tata Neu Plus SBI Card are as follows:

Welcome Gift

• 499 NeuCoins as a welcome benefit.
• NeuCoins will be credited to the cardholder’s Tata NeuPass account after realisation of the annual fee.
• 1 NeuCoin = Re 1 savings

Reward Points

• 2% value back as NeuCoins on spending on the Tata Neu app/ website and partner Tata brands.
• Extra 5% value back as NeuCoins on spending on select categories on the Tata Neu app/ website.
• 1% value back as NeuCoins on spending on other categories, including UPI transactions.
• 1 NeuCoin = Re. 1 savings.

Complimentary Domestic Lounge Visits

• You can avail 4 complimentary SBI credit card lounge access per year (1 per quarter) at domestic airports.
• Offer applicable on achieving Rs. 50,000 spend in the previous quarter.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver across all petrol pumps in India.
• Offer valid on transactions between Rs. 500 to Rs. 4,000, excluding GST and other charges.
• Maximum fuel surcharge waiver available up to Rs. 250 per statement cycle.

Fees

• Joining fee: Rs. 499 + Taxes.

Annual fee: Rs. 499 + Taxes. The annual fee on this SBI Rupay credit card is reversed on annual spends of Rs. 1 Lakh or more.

Tata Neu Plus SBI card is not a SBI lifetime free credit card as it involves a joining fee, an annual fee, and other charges as mentioned below:

• Joining fee: Rs. 499 + Taxes.
• Annual fee: Rs. 499 + Taxes; Reversed on annual spends of Rs. 1 Lakh or more.
• Add-on card fee: Nil.
• Foreign currency transaction fee: 3.5% of the transaction value.
• Cash advance fee: 2.5% or Rs. 500, whichever is higher. 
• Cash payment fee: Rs. 250 + applicable taxes.
• Finance charges for revolving credit & cash advances: 3.75% p.m. (45% p.a.).
• Late payment charges: Up to Rs. 1,300, depending on the outstanding amount.
• Additional charge on the missing payment of the Minimum Amount Due: Rs. 100. 
• Overlimit fee: 2.5% of the overlimit amount or Rs. 600, whichever is higher.
• Payment dishonor charges: 2% of the payment amount (minimum Rs. 500).
• Utility payment fee: 1% if the total utility payments exceed Rs. 50,000 in a billing cycle.
• Rewards redemption fee: Rs. 99 per redemption request.
• Card replacement charges: Rs. 100 to Rs. 250.
• Cheque payment fee: Rs. 200.
• Processing fee for rent patent transactions: Rs. 199. 
• Dynamic currency conversion fee: 3.5%.
• Balance transfer charges: Up to 1.7% p.m. (20.40% p.a.)

The following documents are needed in order to apply for the Tata Neu Plus SBI Credit Card:

• PAN Card
• Aadhaar Card copy (with first 8 digits masked) or any other valid government address proof
• Income proof, such as Salary Slip, Income Tax Return, etc. 

Other documents may be required depending on the credit card eligibility and policy. You can contact the SBI credit card customer care for the complete list of documents.

To apply for the TATA Neu Plus SBI Card online, follow the steps given below:

• Visit the official SBI Card website and select the desired credit card.
• Fill the online form with your details like personal, income, KYC, etc. and submit the same. 
• If you will be eligible for the card, you will get an instant approval.
• On approval, the SBI team will verify your details and dispatch the card to the preferred address. 
• You can also apply for the card offline by visiting a nearby SBI branch/ kiosk or by calling their customer care.