Proud to serve those who serve the nation
Shaurya SBI Card is a great choice for the defense people looking for convenience and also being rewarded for their daily spending. As a respect to the valor or ‘Shaurya’ of the people serving in the line of duty, SBI has come out with a personalized credit card – ‘Shaurya SBI Card‘, specifically designed to provide a rewarding experience. This credit card comes embossed with service branch i.e. AIRFORCE, ARMY, NAVY & PARAMILITARY.
Shaurya SBI Card functions the same as any other credit card. This card is powered by ‘RuPay” and can be used not only in India with almost 4 million terminals but also across the world in 190 countries with over 44 million merchants. This card also comes with the added benefit of personal accidental insurance of Rs 2 lakh.
The best thing about the Shaurya SBI Card, it comes with one of the lowest finance charges in the industry of 2.50% monthly or 30% per annum, whereas most of the other credit card has finance charges in the north of 40% per annum. So if you were to roll over the balance to the next bill, the Shaurya SBI Card will pinch you a little lower. Although it is always wise to pay credit card outstanding in full to avoid any charges of the credit card which are the most expensive debt to have on your books.
What’s good about the Shaurya SBI Card
Shaurya SBI Card comes with zero first-year charges and from the 2nd year onwards the renewal fee is very low of only Rs 250/- which also will be waived off if the annual spend is over Rs 50,000
You can earn a 5x reward point on your CSD, Dining, Movies, Departmental Stores, and Grocery Spends. And for all other spendings, there is 1 regular reward point for every Rs 100 spent. You can also pay your outstanding credit card dues through your accumulated reward points, Rs 1 for every 4 reward points. The accumulated can also be redeemed for a host of options available in the catalog.
This card has one of lowest finance charges in the industry of 2.50% monthly or 30% per annum, whereas most of the other credit card has finance charges in the north of 40% per annum.
You can use 80% of the available credit limit for cash withdrawal. This comes handy when you emergency requirement of cash. This cash adv
The bottom line
Shaurya SBI Card is a no-frill credit card specifically designed for the defense personnel. It gives a 5x reward for most of the daily spend and the outstanding balance can also be settled by the accumulated reward points. The smartest way to use the card is to pay all the daily spending through the card and make the timely payment and never roll over the balance to the next bill to avoid exorbitant charges. You can add your family members with free add on cards and consolidate all your expenses at a single place.