Eternal SBI Credit Card
Card Overview
The Eternal SBI Credit Card is jointly offered by SBI Card and Eternal Limited, previously known as Zomato Limited. Available on RuPay and Mastercard networks, the card offers up to 10% instant discount on eligible spending through Zomato, Blinkit, District and Bistro. It also provides 5% cashback on selected partner platforms and a Buy One Get One offer on movie tickets booked through District. These benefits come with monthly limits.
The card has a joining fee of ₹499 and an annual fee of ₹499. GST is charged extra on both fees. The annual fee can be waived on yearly spending of ₹2 lakh. Overall, the Eternal SBI Credit Card is a good option for people who regularly order food, buy groceries, book movie tickets or dine out using Eternal's platforms and want to save money on everyday spending.
Card Details
- 10% Instant Discount: On Zomato food orders, Bistro orders, District transactions and Blinkit beauty and electronics purchases.
- 5% Instant Discount: On Blinkit groceries and other categories.
- Discount Limit: Maximum ₹2,000 per month across Zomato, Blinkit, District and Bistro.
- 5% Cashback: On Uber, Urban Company, ixigo and Apollo 24|7, up to ₹1,000 per month.
- 1% Cashback: On other eligible purchases, up to ₹500 per month.
- Movie Offer: Buy 1 Get 1 free movie ticket through District, up to ₹200 per month.
- Welcome Benefit: Free 6-month Zomato Gold membership on card activation.
- Annual Fee Waiver: ₹499 + GST annual fee waived on yearly spending above ₹2 lakh.
- Fuel Benefit: 1% fuel surcharge waiver on transactions of ₹500 to ₹4,000, up to ₹200 per month.
Features & Benefits
Eternal SBI Credit Card: Benefits, Cashback, Fees and Eligibility
Eternal SBI Credit Card is a co-branded credit card from SBI Card and Eternal Limited, the company formerly known as Zomato Limited. The card is designed for customers who regularly spend on food delivery, groceries, movies and online services. Get up to 10% instant discount on Zomato, Blinkit, District and Bistro, plus cashback on select partner platforms. Available in RuPay and Mastercard variants, the card comes with a joining and annual fee of ₹499 plus GST each.
Eternal SBI Credit Card Benefits and Features
The card offers discounts and cashback on everyday purchases through selected platforms.
- Zomato: 10% instant discount on food orders.
- Blinkit: 10% discount on beauty and electronics, and 5% on groceries and other eligible categories.
- District: 10% discount on eligible transactions.
- Bistro: 10% instant discount on orders.
- Monthly Discount Limit: Maximum ₹2,000 across Zomato, Blinkit, District and Bistro.
- Partner Cashback: 5% cashback on Uber, ixigo, Urban Company and Apollo 24|7, up to ₹1,000 per month.
- Other Purchases: 1% cashback on eligible spending, up to ₹500 per month.
- Movie Tickets: Buy One Get One Free offer through District, with savings up to ₹200 per month.
- Welcome Gift: Complimentary 6-month Zomato Gold membership after card activation.
- Fuel Savings: 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000, up to ₹200 monthly.
- UPI Facility: RuPay cardholders can make eligible UPI merchant payments.
Eternal SBI Credit Card Fees and Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹499 + GST |
| Annual Fee | ₹499 + GST |
| Annual Fee Waiver | On eligible yearly spends of ₹2 lakh or more |
| Interest Charges | Up to 3.75% per month |
| Late Payment Fee | Based on outstanding balance |
The annual fee waiver can be useful for customers who regularly use the card. However, interest and other charges may reduce the savings earned through discounts and cashback.
Eternal SBI Credit Card Eligibility
Salaried individuals aged 21 to 65 years and self-employed individuals aged 25 to 65 years can apply. Applicants should have a good credit score, a permanent Indian address and a serviceable PIN code. Final approval depends on SBI Card's eligibility and credit checks.
How Can You Apply for the Eternal SBI Credit Card?
You can apply online using the SBI Card website or the Zomato, Blinkit and District apps. Complete the application with your personal and income details, submit the required documents and finish the verification process.
Is Eternal SBI Credit Card Worth It?
The Eternal SBI Credit Card is worth considering if a large part of your monthly spending goes towards Zomato, Blinkit, District and its cashback partners. The instant discounts can help reduce regular expenses without waiting for reward point redemption.
However, the card may not be equally useful for customers who mostly spend at offline stores or rarely use Eternal's platforms. Also check the monthly discount limits and yearly card fee.
Final Thoughts
The Eternal SBI Credit Card helps you save on daily spending instead of offering premium travel and lifestyle benefits. Its biggest advantage is the combination of instant discounts, partner cashback and movie ticket offers at a relatively low annual fee. For regular users of Zomato, Blinkit and District, it can be a practical card to keep alongside a general-purpose credit card.
Pros/Cons
Reality Check Feedback
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
- What discounts and cashback does Eternal SBI Credit Card offer?
Get up to 10% discount on Zomato, Blinkit, District and Bistro, with a combined limit of ₹2,000 per month. You also get 5% cashback on Apollo 24|7, ixigo, Uber and Urban Company, up to ₹1,000 monthly, and 1% cashback on other eligible purchases, up to ₹500 monthly.
- What is the annual fee of Eternal SBI Credit Card?
The joining and annual fees are ₹499 + GST each. The annual fee is waived on eligible yearly spending of ₹2 lakh or more.
- Who can apply for Eternal SBI Credit Card and how?
Salaried applicants aged 21–65 and self-employed applicants aged 25–65 can apply with a good credit score and a serviceable Indian address. You can apply through Zomato, Blinkit, District or the SBI Card website. Existing SBI Card customers can also apply, subject to approval.
- Does Eternal SBI Credit Card offer free movie tickets?
Yes, get a Buy One Get One Free movie ticket offer through District once a month, with savings of up to ₹200 on the second ticket.
- Can I use Eternal SBI Credit Card for UPI payments?
Yes, the RuPay variant supports eligible UPI payments. The Mastercard variant does not support credit card payments through UPI.
- How can I claim the free Zomato Gold membership?
Link your card using your registered mobile number and OTP in Card Management. Then select Your Card Benefits → Claim Now to get 6 months of free Zomato Gold membership. Existing members get a 6-month extension.
- How long does Eternal SBI Credit Card take to arrive?
The card usually arrives within 7–10 business days after approval. You can check the status through Zomato, Blinkit or District, or contact SBI Card customer care.
- Is Eternal SBI Credit Card worth getting?
The card can be useful if you regularly use Zomato, Blinkit, District or its cashback partners. Your savings will depend on how much you spend and the monthly benefit limits.
Leave a Reply