SBI Card
SBI Shaurya Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
1% points
Foreign Markup
3.5% on all foreign currency spends
Welcome Benefits
1,000 bonus Reward Points
Product Highlights
- 1,000 Reward Points as a welcome gift
- Up to 5 Reward Points on every spend of ₹100
- Spend-based waiver of the renewal fee
- 1% fuel surcharge waiver
- Complimentary insurance cover against personal accident
Category Rewards
dining
10X on dining, movies, groceries, departmental stores
10X
entertainment
10X on dining, movies, groceries, departmental stores
10X
grocery
10X on dining, movies, groceries, departmental stores
10X
Specialty
10X on dining, movies, groceries, departmental stores
10X
Fee Waiver
Renewal fee waived on ₹50,000 annual spend
Reward Calculator
Earns ₹611/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
4.8K
SBI Reward Points
₹1.2K
via standard · ₹0.25/pt
Effective rate
0.77%
Annual fee
₹589
Year 1 net
+₹611
Year 2+ net
+₹611
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, balance transfer, cash advance, emi, utility, insurance, jewelry, education, railways, wallet
Fuel surcharge waiver (good news)
1%on ₹500–₹3,000 fuel txns · capped at ₹100/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 5 Reward Points on every spend of ₹100 on groceries, dining, CSD, movies, departmental stores, etc. Earn 1 Reward Point on every spend of ₹100 elsewhere.
- 1 RP = ₹0.25 against statement balance
Benefits & Features
1% waived on ₹500-₹3,000 transactions, max ₹250 per month
Pros & Cons
Pros
- 5 Reward Points on groceries and dining
- Low annual fee
- Renewal fee waiver on spending ₹50,000
Cons
- Limited to defense personnel
- Low reward redemption rate
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
18 yrs
Networks
Fee Waiver
Renewal fee waived on ₹50,000 annual spend