Eternal and SBI Card have opened applications for the first 5,000 Eternal SBI co-branded credit cards after receiving 5 lakh early-access requests. The card offers discounts on Zomato, Blinkit, District and Bistro, along with cashback on select partner transactions. Here is a look at its benefits, fees, eligibility criteria and application process.
Eternal and SBI Card have opened applications for the first 5,000 Eternal SBI co-branded credit cards after receiving 5 lakh early-access requests. Applications are being opened in phases for customers who requested early access.
The card offers instant discounts across Eternal’s platforms, including Zomato, Blinkit, District and Bistro, along with cashback on eligible spending with select partner brands. Cardholders can save up to ₹3,500 a month, or ₹42,000 annually, through eligible discounts and cashback.
The card is available on Mastercard and RuPay networks. It carries a joining fee of ₹499, excluding Goods and Services Tax (GST), while the annual renewal fee can be waived subject to spending conditions.
Eternal SBI Card: How much can you save?
According to the card’s published FAQs, customers can save up to ₹3,500 per month, or ₹42,000 annually, through a combination of instant discounts and cashback.
The benefits include up to ₹2,000 in monthly instant discounts across Eternal’s platforms, up to ₹1,000 in monthly cashback on select partner brands and up to ₹500 in monthly cashback on other eligible spending.
Actual savings will depend on spending patterns, eligible transactions and the applicable monthly limits. The maximum advertised savings are not guaranteed for every cardholder.
Eternal SBI Card discounts on Zomato, Blinkit, District
The card offers discounts across Eternal’s food delivery, quick-commerce, dining and entertainment platforms.
Zomato: Cardholders receive a 10% instant discount on eligible food orders. The card also includes a complimentary six-month Zomato Gold membership as a welcome benefit.
Blinkit: Customers receive a 10% instant discount on eligible beauty and electronics purchases and a 5% discount on other eligible categories, including groceries. Certain products and categories are excluded.
District: The card offers a 10% instant discount on eligible dining, events, movies, shopping and play transactions. Cardholders also receive one buy-one-get-one movie ticket voucher every month, with the discount on the second ticket capped at ₹200.
Bistro: Customers receive a 10% instant discount on eligible orders.
The combined monthly instant discount across Zomato, Blinkit, District and Bistro is capped at ₹2,000. Category exclusions and other terms and conditions apply.
Eternal SBI Card cashback: Partner brands, limits
Beyond Eternal’s platforms, the card offers cashback on eligible transactions with select partner brands.
Cardholders receive 5% cashback on eligible spending with Uber, Urban Company, ixigo and Apollo 24|7, subject to a monthly cap of ₹1,000.
Other eligible retail transactions earn 1% cashback, capped at ₹500 per month. The cashback is credited to the SBI Card account as a statement credit when the statement is generated.
However, not all transactions qualify. The terms exclude certain categories, including fuel, rent, taxes, insurance, education, utilities, jewellery, gaming and EMI transactions, among others.
Customers should check the applicable terms and conditions to understand which transactions qualify for cashback.
Eternal SBI Card fees: Joining, renewal and other charges
The Eternal SBI Card carries a joining fee of ₹499, excluding GST. Cardholders receive a complimentary six-month Zomato Gold membership as a welcome benefit.
The annual renewal fee is ₹499, excluding GST. SBI Card will waive this fee if the cardholder spends ₹2 lakh during the preceding year.
The card also offers a 1% fuel surcharge waiver, capped at ₹200 per statement cycle. Foreign currency transactions attract a markup of 3.5%.
Customers should weigh these charges against the discounts and cashback they expect to earn before applying.
Eternal SBI Card: How to apply
Applications have opened in phases for customers who requested early access. According to the Zomato app, eligible customers will receive notifications, with invitations being sent in batches.
Customers can access the application process through the Zomato, Blinkit or District apps. Applications are also available through the SBI Card website.
The application process is digital. After applying, customers can track their application status through the Card Management page in the relevant participating app.
Once an application is approved, the physical card is expected to be delivered to the applicant’s registered address within seven to 10 business days.
Eternal SBI Card eligibility: Age, address and credit profile
The published eligibility criteria include salaried applicants aged 21 to 60 years and self-employed applicants aged 25 to 65 years.
Applicants must have a permanent Indian address with a serviceable PIN code. A good credit profile is preferred, although final eligibility is determined by SBI Card.
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