The Bottom Line
Use for Household Needs
10 Rewards / ₹100 on Nature’s Basket, 5 Reward on Dining, Movies, Entertainment and International Spends and 1 Rewards on all other retail spends except fuel.
Monthly Spend |
₹5K |
₹10K |
₹20K |
₹50K |
₹100K |
Net Reward Yield |
(-2.1%)^ |
(-0.8%)^ |
1.1% |
0.7% |
0.6% |
Est. Monthly Reward (₹) |
(110) |
(85) |
220 |
360 |
610 |
All-India Rewards Rank* |
283 |
293 |
62 |
182 |
206 |
Within Bank Rank* |
50 |
53 |
12 |
52 |
56 |
* 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 Nature’s Basket SBI Card gives 2.5% effective rewards on shopping, 1.25% on dining, entertainment & foreign spends and 0.25% on all other spending.
We estimate you can earn a net reward yield of 0.6-1.1% on monthly spending above ₹20,000 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 spend.
The SBI Unnati Credit Card is the best entry level card from SBI Card, if you spend less than ₹10,000 a month. It offers a net reward yield of 0.3-1.1% 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 |
Nature’s Basket SBI Card |
Card Type |
Reward |
Reward Features |
10 Rewards / ₹100 on: Nature’s Basket
5 Rewards / ₹100 on Dining, Movies, Entertainment and International Spends
1 Rewards / ₹100 on all other retail spends except fuel |
Milestone Rewards |
E-Gift Voucher worth ₹3,000 from Aldo, Inglot, Bath & Body Works, Charles & Keith on achieving annual spends of ₹3 Lacs |
Other Rewards |
1 Complimentary Domestic Airport Lounge Visits / Qtr |
Rewards Redemption Fee |
₹99 |
Reward Caps |
Unlimited |
Preferred Redemption Method |
Redeem at Shop n Smile Catalogue
1RP= ₹0.25 |
Fees & Charges
Card |
Nature’s Basket SBI Card |
Joining Fee |
₹1,499 + Taxes |
Annual Fee |
₹1,499 + Taxes |
Min. Annual Credit Card Spend
for Fee Waiver |
₹2 Lacs |
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% with a minimum of ₹500 |