SBI Card launched Shaurya series of Credit Cards especially for Indian Defense Personnel. The Shaurya Credit Card is available on Rupay platform in Select and Platinum variants and would be issued to personnel working in Indian Army, Navy, Airforce and Paramilitary.
Shaurya Select SBI Card
Shaurya Select SBI Card is available on RuPay Select platform and hence would have access to RuPay Select features announced couple of weeks back. Let’s look in to the benefits offered by this card in detail.
Annual Milestone Benefits
- e-Gift Voucher worth Rs. 7,000 from Pantaloons/Yatra on reaching annual spends of Rs. 5 Lakhs
- Waiver of Renewal Fee on annual spends of Rs. 1.5 Lakhs or more
Quarterly Milestone Benefit
- Spend Rs. 50,000 or more in a calendar quarter and receive a Pizza Hut e-Gift Voucher worth Rs. 500
Reward Points
- 10 Reward Points per Rs. 100 spent on CSD, Movies, Dining, Departmental Stores and Grocery spends
- 2 Reward Points per Rs. 100 spent on all other categories
- 1500 Reward Points on payment of Renewal Fee from the second year
- 1% Fuel Surcharge Waiver across all fuel stations in India
Domestic Airport Lounge Access
- 8 complimentary visits per year to Domestic Airport Lounges (max. 2 visits per quarter)
Insurance Benefit
- Personal Accidental & Disability Insurance cover of Rs. 10 Lakhs
- Credit card Fraud Liability Cover of Rs. 1 Lakh with a loss cover period of:
- 48 hours prior to reporting of loss
- 7 days post reporting of loss
Additional Benefits
- 24/7 concierge services from travel assistance to hotel reservations to consultancy services
Shaurya Platinum SBI Card
Shaurya Platinum SBI Card is available on RuPay Platinum platform and is one level lower than Shaurya Select SBI Card. Let’s look in to what this card offers.
Reward Points
- 5 Reward Points per Rs. 100 spent on CSD, Movies, Dining, Departmental Stores and Grocery spends
- 1 Reward Point per Rs. 100 spent on all other categories
- Pay your card outstanding with Reward Points where 4 Reward Points = Rs. 1
Accidental Insurance
- Personal Accidental Insurance cover of Rs. 2 Lakhs
Waiver of Renewal Fee
- Avail waiver of Renewal Fee on annual spends of Rs. 50,000 or more
Fuel Surcharge Waiver
- 1% Fuel Surcharge Waiver across all fuel stations in India
Bottomline
Shaurya SBI Cards are entry level lifestyle credit cards suitable for low spenders. I don’t see any striking difference between this and other credit card already in market. In fact, Shaurya Select SBI Card provides rewards similar to SBI SimplySave Credit Card. I wish SBI Card should have given something extra from their normal credit cards as these are meant for defense personnel who save our nation from external threats. I am utterly disappointed with these cards and I see no value in them.
Let me know your thoughts on Shaurya SBI Cards in comments below.
