SBI Card
OLA Money SBI Credit Card
visabasiccredittravel
Annual Fee
₹499
Base Reward
1% points
Foreign Markup
3.5% on all foreign currency spends
4.2/5
Product Highlights
- Zero joining fee
- Renewal fee waiver on spending ₹1 lakh or more in the previous year
Category Rewards
other
1% Reward Points on Other Eligible Spends
1% Reward Points on Other Eligible Spends
Fee Waiver
Waived on ₹1L annual spend
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
OLA
online(Capped at 500 Reward Points per month)
7% Reward Points
Rewards Details
Earn 7% Reward Points on all OLA rides and 1% Reward Points on all other eligible spends.
Reward Points — Redemption Value
- 1 Reward Point = ₹1 against statement
Benefits & Features
1% fuel surcharge waiver at all fuel stations in India with a maximum surcharge benefit of ₹100 in a statement cycle.
Pros & Cons
Pros
- 7% Reward Points on OLA rides
- 1% Reward Points on all other spends
Cons
- No lounge access
- Limited to OLA for maximum rewards
Additional Info
Capped at 500 Reward Points per month.
Partner Merchants
OLA
Fees & Charges
Annual Fee₹499
Joining FeeNil
Fee WaiverWaived on ₹1L annual spend
Foreign Markup3.5% on all foreign currency spends
Interest Rate3.75% per month
Cash Advance2.5% or ₹500 (whichever is higher)
Redemption Fee₹99
Eligibility
Min Age
18 yrs
Networks
visa
Fee Waiver
Waived on ₹1L annual spend