Tata Neu Infinity SBI Card

About Tata Neu Infinity SBI Card

Are you spending thousands every month on groceries, electronics, and flights without getting anything substantial back? The Tata Neu Infinity SBI Card is designed to change that by turning your regular expenses into real savings.

This card acts as a high-value gateway to the Tata ecosystem. It offers a powerful 5% value back on brands like BigBasket, Croma, and 1mg when you shop through the Tata Neu app. If you spend ₹20,000 monthly within this network, you could easily earn back over ₹12,000 in value every year. No complex point systems or confusing catalogues: just straightforward NeuCoins that you can use like cash.

Built for professionals and frequent shoppers earning ₹3 lakh or more annually, this card bridges the gap between a shopping card and a travel companion. Unlike many basic rewards cards, this one provides a premium experience with lounge access and specific flight benefits, making it a versatile tool for your wallet.

What sets it apart:

• Direct Value: 1 NeuCoin equals ₹1, making it one of the simplest reward structures in India.
• Air India Perks: Get 5% value back as NeuCoins on Air India and Air India Express bookings via the Tata Neu platform.
• UPI Ready: Since this is a RuPay card, you can link it to your favorite UPI app and earn rewards on merchant payments.

Quick check: To qualify for this card, you should be between 21-60 years old with a minimum annual income of ₹3,00,000 and a credit score (CRIF) of 720 or higher.

Let's break down why this card stands out in a crowded market:

Key Benefits & Features of Tata Neu Infinity SBI Card

The Tata Neu Infinity SBI Card is packed with features that reward brand loyalty while providing essential travel perks. Here is a detailed look at what you get:

Welcome Benefits that Offset the Fee

When you join, the bank charges a fee of ₹1,499. However, you receive 1,499 NeuCoins as a welcome gift within 15 days of paying that fee. Since 1 NeuCoin is worth ₹1, the card effectively becomes free for the first year. This is a great way to start your journey without feeling the pinch of an upfront cost.

Travel and Lifestyle Perks

If you travel frequently, this card offers significant value through lounge access and flight rewards:

• Domestic Lounge Access: You get 8 complimentary visits per year (limited to 2 per quarter). To use this, you need to have spent at least ₹75,000 in the previous calendar quarter.
• International Lounge Access: For those traveling abroad, the card provides 4 complimentary international lounge visits per year (1 per quarter) through the Priority Pass program.
• Air India Savings: Booking flights can be expensive, but this card gives you 5% value back on Air India and Air India Express when booked through the Tata Neu app or website.

Fuel Surcharge Waiver

Keep your commute costs slightly lower with a 1% fuel surcharge waiver. This applies to transactions between ₹500 and ₹4,000. You can save up to ₹500 per statement cycle, which is quite generous compared to entry-level cards.

Annual Fee and Waiver Conditions

The annual fee for the Tata Neu Infinity SBI Card is ₹1,499. However, if you are a heavy spender, you can get this fee waived. Spend ₹3,00,000 or more in a card anniversary year, and the bank will reverse the fee for the following year. If you use this card for your primary household expenses like groceries on BigBasket and electronics at Croma, hitting this milestone is quite achievable.

Eligibility Criteria

Before you apply, ensure you meet these requirements to increase your approval chances:

• Age: You must be between 21 and 60 years old.
• Income for Salaried: Minimum annual income of ₹3 Lakhs (₹25,000 per month).
• Income for Self-Employed: Minimum ITR of ₹3,00,000 per year.
• Credit Score: A CRIF score of 720 or higher is generally preferred.

Reward Redemption: Simple and Effective

The redemption process is zero-hassle. You can use your NeuCoins directly on the Tata Neu App or Website for various categories including:

• Buying groceries on BigBasket.
• Ordering medicines or health checks on 1mg.
• Booking flights and hotels.
• Shopping for electronics at Croma or fashion on Tata CLiQ.
• Dining and lifestyle purchases.

How to Apply for the Tata Neu Infinity SBI Card?

The application process is straightforward and can be completed online. Follow these steps to get started:

1. Visit the official SBI Card website or open the Tata Neu app.
2. Navigate to the credit cards section and select "Tata Neu Infinity SBI Card."
3. Fill in your basic details like name, contact number, and city. Ensure you meet the minimum income requirement of ₹3 Lakhs annually before proceeding.
4. Enter your professional details, including your employment type and monthly income.
5. Provide your PAN card number and Aadhaar details for instant e-KYC if applicable.
6. Submit the application. A bank representative may call you to verify details or schedule a document pickup.
7. Once verified and approved, the card will be dispatched to your registered address.

Credit Limit & What to Expect

Credit limits for the Tata Neu Infinity SBI Card are not fixed. They are assigned based on your specific profile. The bank looks at your income, existing credit history, and your CRIF score (720+ is ideal) to determine your limit.

Usually, applicants with a stable income and a clean repayment record can expect a competitive limit that allows them to make the most of the 5% value back categories. If you wish to increase your limit later, you can request a review after 6-12 months of disciplined usage. Contact the bank directly for information on expected credit limits based on your current salary slips or ITR.

Comparison Table: Tata Neu Infinity SBI Card vs. Competitors

Choosing the right card depends on where you spend the most. Here is how the Tata Neu Infinity SBI Card stacks up against other popular shopping cards in India:

If you are a Tata loyalist, the choice is between the SBI and HDFC versions. The SBI card is excellent for those who already have a banking relationship with SBI. However, if you want a card with no annual fee ever, the Amazon Pay ICICI is better, though it lacks the premium travel benefits and UPI functionality found here.

Documents Required for Tata Neu Infinity SBI Card Application

You'll need to submit the following documents when applying to ensure a smooth verification process:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, or Voter ID.
• Address Proof: Aadhaar Card, Utility Bills (not older than 2 months), or Rent Agreement.
• Income Proof: Latest 3 months' salary slips and 6 months' bank statements showing salary credits.
• Employment Proof: Office ID card or official email verification.

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, or Driving License.
• Address Proof: Aadhaar Card, Passport, or Property Documents.
• Income Proof: Latest 2 years' ITR with a minimum of ₹3,00,000 annual income, along with 6 months' bank statements.
• Business Proof: GST registration, Shop Act License, or Business registration certificate.

Note: Ensure all documents are clear and self-attested. The bank may request additional documents during the verification phase.

Who Should Get This Card?

Should you get this card? It depends on your lifestyle. Here is who benefits the most:

The "Tata Super User": If you order your groceries from BigBasket every week, get your medicines from 1mg, and prefer Croma for your gadgets, this card is a no-brainer. If you spend ₹15,000 monthly across these brands, you earn 750 NeuCoins (₹750 value) every month. That is ₹9,000 in savings annually just on regular shopping.

The Frequent Domestic Traveler: If you often fly with Air India or Air India Express, the 5% value back is a massive advantage that most other cards cannot match. Plus, if you spend ₹75,000 a quarter, you get complimentary lounge access to relax before your flights.

The UPI Enthusiast: If you prefer paying via QR codes at local stores but want to earn rewards on those spends, this RuPay card is perfect. You can link it to apps like GPay or PhonePe and earn rewards where a standard credit card might not be accepted.

You might want to skip this card if:

• You do most of your shopping on Amazon or Flipkart rather than Tata platforms.
• You want a card with lounge access that doesn't require a minimum spend in the previous quarter.
• You spend heavily on rent and utilities, as these categories are excluded from earning rewards.

BankKaro Expert Review

Based on the card's features, the Tata Neu Infinity SBI Card excels at rewarding loyalty within one of India's largest business ecosystems. The integration with the Tata Neu app is straightforward, and the fact that 1 NeuCoin equals ₹1 makes it very easy to understand your actual savings. The RuPay network is a significant plus, allowing for UPI payments which are now the norm in India.

The biggest limitation, however, is the spending criteria for domestic lounge access. Requiring a spend of ₹75,000 in the previous quarter might be a hurdle for low-to-moderate spenders who only want the card for occasional use. Additionally, the list of excluded categories (fuel, wallet, rent, and utilities) for reward points is quite long, which means you can't use this as a "catch-all" card for every single expense.

Our verdict: Choose this card if you are already spending significantly on Tata brands and want a premium RuPay card that offers a mix of shopping and travel rewards. It is one of the best co-branded cards available today, provided your spending patterns align with the Tata "Super App" vision.

Terms and Conditions

For complete terms and conditions, please visit the bank's official website or contact customer care. Key points to keep in mind include:

• NeuCoins are credited within 15 days of the joining fee realization for the welcome benefit.
• Reward earnings exclude spends on fuel, wallet loads, rent payments, utility payments, and EMI transactions.
• The annual fee waiver of ₹3,00,000 is calculated based on the previous card anniversary year.
• Domestic lounge access is contingent upon meeting the ₹75,000 spend threshold in the previous calendar quarter.
• A 1% fuel surcharge waiver is applicable only for transactions between ₹500 and ₹4,000.
• Interest rates and other charges are subject to SBI Card's most important terms and conditions (MITC).