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Karur Vysya Bank SBI Card

by Kshitiz V Sharma on

The Bottom Line

Karur Vysya Bank SBI Card
Low Fee, Low Rewards

10 reward points / ₹150 on departmental stores & grocery and 1 point on all other spends.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield (-0.1%)^ 0.7% 0.6% 0.5% 0.5%
Est. Monthly Reward (₹) (5) 65 115 235 475
All-India Rewards Rank* 160 88 157 252 260
Within Bank Rank* 14 8 34 63 62
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.

The Karur Vysya Bank SBI Card gives 2.50% effective reward on grocery and 0.25% on all other spends.

Overall, we estimate you can earn a net reward yield of 0.5-0.7% on monthly spending above ₹10,000 with this card.

The CASHBACK SBI Card is the best credit card for most SBI Card customers. We estimate it offers an average net reward yield of 1.9-2.3% on all your spending.

The SBI Unnati Credit Card is the best entry level card, if you spend less than ₹10,000. It offers a net reward yield of 0.3-1.1% with this card on all your spending.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.


The Rewards

Card Karur Vysya Bank SBI Card
Card Type Reward
Reward Features 10 Rewards / ₹150 on:
– Departmental Stores
– Grocery

1 Rewards / ₹150 on all other spends

Milestone Rewards Nil
Other Rewards Nil
Rewards Redemption Fee ₹99
Reward Caps Unlimited
Preferred Redemption Method Use points to pay off statement balance
1RP=₹0.25

Fees & Charges

Card Karur Vysya Bank SBI Card
Joining Fee ₹499 + Taxes
Annual Fee ₹499 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹1 Lac
Income Criteria Salaried N/A
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 42.00%
Foreign Currency Markup 3.50%
Cash Advance Charge 2.50% transaction amount minimum of ₹500
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