Apollo SBI Card
Rewards & Benefits
Welcome Benefits
500 reward points worth INR 500 on payment of the joining fee.
Milestone Benefits
Cashback Rate
Users will get 3X reward points on every INR. 100 spent on all Apollo services.
Value of 1 point = INR 1, Apollo cashback rate: 3%.
2X reward points on every Rs. 100 spent on dining, movies & entertainment. Dining, movies, entertainment cashback rate: 2%.
1 reward point on every INR 100 spent on beauty & wellness services, effective cashback rate: 1%.
0.5 reward points on other retail spending. General cashback rate 0.5%.
Movie Benefits
Dining Benefits
Other Benefits
Upto 10% instant discount at Select Apollo services.; Annual fee reversal on spending Rs 1,00,000 or more in a year.
Lounge Access
Fees & Charges
Joining Fee
INR. 499 + Taxes
Annual Fee
INR. 499 + Taxes
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs
Interest rate
3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.50%
Other Fees
Renewal Fee (per annum): INR 499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Cons
Low cashback rate.
Limited value add benefits.
No free lounge visit.
No free movie tickets.
Welcome Benefit: Users will get 500 reward points worth Rs. 500 on payment of the joining fee and a complimentary Apollo Gold Tier membership.
Reward System: Users will get 3X reward points on every INR. 100 spent on all Apollo services. Value of 1 point = INR 1, Apollo cashback rate: 3%. 2X reward points on every Rs. 100 spent on dining, movies & entertainment. Dining, movies, entertainment cashback rate: 2%. 1 reward point on every INR 100 spent on beauty & wellness services, effective cashback rate: 15. 0.5 reward points on other retail spending. General cashback rate 0.5%.
Upto 10% instant discount at Select Apollo services.
Annual fee reversal on spending INR 1,00,000 or more in a year.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Age: 21 years to 70 years old
Occupation: Salaried or self-employed
Credit Score: Good credit history is preferred.
City of Residence: Specific income requirements may vary depending on your city of residence.
Employment Stability: Stable employment history is required.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
You can apply for the SBI Apollo Credit Card in 3 major ways:
1. Online:
This is a quick and easy method.
Visit the SBI Card website.
Choose the "Credit Cards" tab and navigate to the specific SBI Apollo Credit Card.
Click on "Apply Now" button and fill out the online application form with all of your details.
Upload the required documents, such as proof of identity, proof of address, and proof of income.
Submit the application form.
2. Offline:
Visit any SBI branch.
Ask for the SBI Apollo Credit Card application form.
Choose the variant you prefer, as there might be slight variations in features and eligibility for different versions.
Fill out the form with your details.
Attach the required documents.
Submit the application form to the bank representative.
3. By Phone:
Contact the SBI Card customer care helpline at 1860-180-1290 or 3902-0202.
Request for an SBI Apollo Credit Card application form.
Specify the preferred card variant.
The bank will send you the form by courier.
Fill out the form with your details.
Attach the required documents.
Send the completed application form back to the bank.
Contact Details
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Users will get 500 reward points worth Rs. 500 on payment of the joining fee and a complimentary Apollo Gold Tier membership.
Reward System: Users will get 3X reward points on every INR. 100 spent on all Apollo services. Value of 1 point = INR 1, Apollo cashback rate: 3%. 2X reward points on every Rs. 100 spent on dining, movies & entertainment. Dining, movies, entertainment cashback rate: 2%. 1 reward point on every INR 100 spent on beauty & wellness services, effective cashback rate: 15. 0.5 reward points on other retail spending. General cashback rate 0.5%.
Upto 10% instant discount at Select Apollo services.
Annual fee reversal on spending INR 1,00,000 or more in a year.
Low cashback rate.
Limited value add benefits.
No free lounge visit.
No free movie tickets.
The USP of the card is that it offers 3% off on using Apollo's services. The card also offers 10% instant discount on select Apollo services. The card is best suited for individual who frequently uses Apollo.
The USP of the card is that it offers 3% off on using Apollo's services. The card also offers 10% instant discount on select Apollo services. The card is best suited for individual who frequently uses Apollo.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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