Last Updated on March 4, 2023 by
Ever since the covid 19 pandemic hit in 2020, there has been a dramatic shift in the importance of health and lifestyle. With new realities being online education, less physical touch and work from home, the importance of excellent mental and physical health has again taken a front seat in everyone’s life. Therefore, SBI card PULSE has been launched keeping in mind the growing importance of health and wellness. With growing disposable income, increased globalization, and tech advancement, the importance of health and wellness will grow even more. The SBI card PULSE comes with many sbi credit card benefits as welcome offers, reward points, milestone benefits and most importantly, health benefits.
This blog is for all those who aspire to a healthier lifestyle. We will talk about the benefits offered by the SBI card PULSE. You would also get to know about the charges and fees on SBI card PULSE so that you can make an informed decision before you decide to make a purchase.
Benefits on SBI card PULSE
Welcome Offer:
You get a Noise ColorFit Pulse Smart Watch worth Rs. 4,999 on payment of joining Fee.
Reward Points on the card:
You can enjoy 10 Reward Points per Rs. 100 spent on Chemist, Pharmacy, Dining and Movies spends. You can also earn 2 Reward Points per Rs.100 spent on all your other spends.
4 Reward Points = Rs.1. You can use your Reward Points to pay the outstanding balance on your credit card or redeem against a wide array of gifts.
Milestone Benefits:
You get a waiver of Renewal Fee on annual spending of Rs.2 Lakhs
You can get Rs.1500 E-Voucher on achieving annual retail spends of Rs. 4 Lakhs.
Insurance cover on card:
You can get a complimentary Air Accident Liability Cover of Rs. 50 Lakhs and a complimentary credit card Fraud Liability Cover of Rs.1 lakh
However; this cover is valid for 48 hours before reporting the loss to 7 days post-loss.
1% Fuel Surcharge waiver:
You get a 1% fuel surcharge waiver for making a transaction between Rs.500 to a maximum of Rs.4000.
Utility Bill Payment Facility:
You can pay your electricity, mobile or other utility bills using the Easy Bill Pay facility on your SBI Card PULSE.
Health Benefits:
You can enjoy 1-year complimentary FITPASS PRO Membership, to be received every year and 1-year complimentary Netmeds First Membership, to be received every year, on card renewal. However, you can avail of the offer only after paying the Joining Fee and min. one retail transaction in the first year.
Lounge Program:
You are eligible for 8 Domestic Lounge access in a year and 2 access per quarter. You get a complimentary Priority Pass Membership worth US $99 for the first two years of cardholder membership. However, the standard membership of the Priority Pass Program is provided only to the primary cardholder of SBI Card PULSE.
There are no complimentary visits for SBI Card PULSE.
Add-on Cards:
Add-on cards are additional cards issued against a primary card. With SBI Card PULSE, you can empower your family with add-on cards for your parents, spouse or children above the age of 18.
Charges on SBI card PULSE:
Annual Fee (one time): the annual Fee on the card is Rs. 1,499 + Taxes
Renewal Fee (per annum): the renewal fee on the card is Rs. 1,499 + Taxes from the second year onwards. Renewal Fee reversed if annual spends for last year >= Rs. 2,00,000.
Add-on Fee (per annum): SBI card PULSE does not charge any Add-on fees.
Summing up
SBI is one of the largest public sector banks in India. Thus, it is one of the most trusted banks in India. The SBI card PULSE has been specifically designed for health-conscious people. After reading this blog, you know the benefits and charges on the SBI card PULSE. The card comes with lots of exciting offers and minimum costs. Therefore, if you are too much of a health freak, you should check out more details about the SBI card PULSE from the website. But, before deciding on whether to buy the card or not, do compare the offers and charges in the card with similar best credit cards in India to know the best match for you.
Read more: What Is Credit Card Processing and How It Works?
What is the limit of the SBI Pulse card?
SBI Pulse card is a prepaid card issued by the State Bank of India (SBI) that offers its users a wide range of benefits. This card’s limit restricts the amount of money spent using it. The limit of the SBI Pulse card varies depending on your card type and the bank’s policies. Generally, the limit on this card ranges from Rs. 10,000 to Rs. 50,000.
The bank determines the limit on the SBI Pulse card based on various factors, such as the cardholder’s creditworthiness, income level, and spending patterns. If you are a frequent user of the SBI Pulse card and have a good credit score, you may be eligible for a higher limit on your card. Similarly, if you have a low credit score or an unstable income, your card limit may be restricted to a lower amount.
It is important to note that the limit on the SBI Pulse card is not fixed and can be changed by the bank at any time based on their policies and the cardholder’s usage. Cardholders can also request an increase in their limit by contacting the bank and providing the necessary documents to support their request. Overall, the limit on the SBI Pulse card is designed to ensure responsible usage and prevent users from overspending beyond their means.
