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Shaurya SELECT SBI Card

by Kshitiz V Sharma on

The Bottom Line

Shaurya SELECT SBI Card

Exclusively for Indian Defense Personnel. 5 Reward Points / ₹100 on Dining, Grocery, Movies, Departmental Stores, Entertainment & CSD and 1 Point / ₹100 on all other spends.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield (-1.4%)^ (-0.2%)^ 1.1% 0.9% 0.9%
Est. Monthly Reward (₹) (75) (20) 210 450 900
All-India Rewards Rank* 248 247 73 146 146
Within Bank Rank* 35 40 15 46 45
* 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 Shaurya SELECT SBI Card gives 2.50% effective reward on grocery, dining & entertainment and 0.50% on all other spending.

Overall, you can earn a net reward yield of 0.9-1.1% on all spending above ₹20,000 with this card in a month.

If you are not a member of Indian Defense Forces and need a card from SBI, consider the  CASHBACK SBI Card which 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, 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 Shaurya SELECT SBI Card
Card Type Reward
Reward Features 10 Rewards / ₹100 on:
– Dining
– Grocery
– Movies
– Departmental Stores
– Entertainment
– CSD

2 Rewards / ₹100 on all other spends

Milestone Rewards – Pizza Hut e-Voucher worth ₹500 on achieving spends of ₹50,000 in a calendar quarter

– E-Gift Voucher worth ₹7,000 from Yatra/Pantaloons on achieving annual spends of ₹5 Lacs

Other Rewards Nil
Rewards Redemption Fee ₹99
Reward Caps Unlimited
Preferred Redemption Method Use points to pay off statement balance @ ₹0.25/point

Fees & Charges

Card Shaurya SELECT SBI Card
Joining Fee ₹1,499 + Taxes
Annual Fee ₹1,499 + Taxes
2nd Year Onwards
Min. Annual Credit Card Spend
for Fee Waiver
₹1.5 Lacs
Income Criteria Salaried N/A
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 30.00%
Foreign Currency Markup 3.50%
Cash Advance Charge 2.50% with a minimum of ₹500
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