Apply for Apollo SBI Card to Make Most of Reward Points, Other Benefits

Apply for Apollo SBI Card to Make Most of Reward Points, Other Benefits

Credit cards are increasingly getting launched these days to tap into the growing needs of people. One of the latest to have hit the credit card space is Apollo SBI Card.

Launched by the banking behemoth State Bank of India (SBI), the Apollo card is designed to provide you with a list of benefits on medical supplies besides others. For someone applying for Apollo SBI Card, there’s a need to know the fees and charges applicable besides payment details and other aspects. Keeping all that in mind, the article is replete with information for you to read on.

Apollo SBI Card Benefits at a Glance Without a delay, let’s check out the following benefits applicable to Apollo SBI Card. ● Earn 500 reward points worth ₹500 on the payment of joining fee.

The points you earn would be credited to the account after 20 days of paying the fee. You can redeem the points instantly at Select Apollo Services, Apollo e-Gift vouchers or by Apollo Health Credits. ● Enjoy complimentary One Apollo Silver Tier Membership ● Get 3X rewards per every ₹100 spent on all Apollo Services ● Enjoy up to 100% instant discount at select Apollo Services ● Get the annual fee waived on spends of ₹90,000 or more in a year ● Earn 1% fuel surcharge waiver on refilling vehicle with transactions between ₹500-3,000

What Other Facilities Can Apollo SBI Cardholders Avail of?

Firstly, the card can be used at more than 24 million outlets worldwide that includes 3,25,000 outlets in India.

You can pay all your utility bills, be it of electricity, telephone, mobile, etc. You can convert transactions worth â‚š2,500 and above into Equated Monthly Installments (EMIs) via Flexipay feature. If these are not enough, you can transfer the balance of other bank credit cardto another bank on EMI at a lower rate of interest. The Easy Money Facility feature helps you avail loan against the credit card.

Apollo SBI Card Fees & Charges Below is a list of the following fees and charges applicable to the card. ● ● ● ●

Joining Fee - ₹499 + GST Renewal Fee - ₹499 + GST Add-on Fee - NIL Interest charges on revolving credit - Up to 3.35% per month, accumulating to 40.20% per year from the transaction date ● Minimum amount due - 5% of the total outstanding, subject to a minimum of ₹200 + EMI in case the product is purchased on EMI + OVL Amount, if any

● Cash advance limit - Up to 80% of the credit limit, subject to a maximum limit of ₹12,000 on a daily basis ● Cash advance fee - Up to 3.35% per month, accumulating to 40.20% per annum from the date of cash withdrawal from ATMs ● Cash payment fee - ₹100 ● Late payment fee - ₹100-950 ● Overlimit Charges - 2.50% of the overlimit amount, subject to a minimum of ₹500

How to Apply for Apollo SBI Card Online?

You can apply for the card on the official SBI website. Just go to Apollo SBI Card page, enter your name, mobile number, e-mail ID and then click on ‘Apply Now’ button.

Proceed by entering further more details related to income before submitting the application. The bank will check the details carefully before approving the application.