Tata Neu Plus SBI Card
The Tata Neu Plus SBI Card is the low-fee entry into the Tata Neu ecosystem — a ₹499 fee reversed at just ₹1 lakh of annual spend. It pays 2% back as NeuCoins on non-EMI spends at Tata Neu and partner Tata brands and 1% on everything else, including UPI transactions on this RuPay variant, plus an additional up to 5% via NeuPass on select Tata Neu categories. Several categories carry their own monthly NeuCoin ceilings — grocery at 1,000 (half the Infinity's), insurance, utilities and telecom at 2,000 each, UPI at 500 a statement cycle — and fuel, wallet loads, rent, government, education, gaming, cash advances and EMI earn nothing at all. A NeuCoin is worth ₹1 within the Tata group, and a 499-NeuCoin welcome benefit covers the first-year fee. SBI's terms exclude Merchant EMI and Flexipay from earning, unlike the HDFC Tata Neu cards. Perks are modest — 4 domestic lounge visits a year (1 per quarter, on ₹50,000 previous-quarter spend), a 1% fuel surcharge waiver and a standard 3.5% forex markup.
Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹499 in vouchers, points or cashback on card activation
2% on Online Shopping
2% back as NeuCoins on non-EMI spends at Tata Neu App/Website and partner Tata brands, plus an additional up to 5% via NeuPass on select Tata Neu categories. Merchant EMI/Flexipay excluded.
1% on Other
1% back as NeuCoins on other spends, including UPI transactions on the RuPay variant — UPI earning is capped at 500 NeuCoins a statement cycle. Telecom and cable spends are capped at 2,000 a month. 1 NeuCoin = Re. 1
️ Airport Lounge Access
1 complimentary visits per quarter at domestic and international airport lounges
Annual Fee Waiver
Fee of ₹499 + 18% GST (₹589 all-in)/yr fully waived when you spend ₹1,00,000/year
UPI Linked
Link to PhonePe, GPay or Paytm and earn credit card rewards on UPI payments
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shopping | cashback | 2% | — |
| Other | cashback | 1% | — |
| Groceries | cashback | 1% | ₹1,000 |
| Utility Bills | cashback | 1% | ₹2,000 |
| Insurance | cashback | 1% | ₹2,000 |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹589 |
| Joining fee (incl. 18% GST) | ₹589 |
| Forex markup | 3.5% |
Perks & benefits
Estimated annual value beyond rewards — ~₹2,100/yr in total.
️ lounge access ~ ₹1,500 /yr
4 domestic airport lounge visits a year (1 per quarter), on achieving Rs. 50,000 spend in the previous quarter. SBI's Tata Neu domestic lounge list, effective 10 Apr 2026, contains no metro airport at all
fuel waiver ~ ₹600 /yr
1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000, capped at Rs. 250 per statement cycle.
Should you get it?
Best for: First-time Tata Neu shoppers wanting a low-fee card, RuPay UPI users who want light rewards on UPI, Moderate Tata ecosystem spenders
Entry tier — great for first-time and lower-spend users.
Strongest value if you spend heavily on Online Shopping ( 2% back).
Frequent travellers benefit from the included airport lounge access.
✓ Pros
- Low Rs. 499 fee, reversed at just Rs. 1 lakh of annual spend
- 2% NeuCoins across Tata Neu and partner Tata brands
- RuPay UPI linkage earns 1% NeuCoins on UPI transactions
- Sensible entry point into the Tata Neu rewards ecosystem
✕ Cons
- Rewards are roughly half the Infinity variant's rate; base is only 1%
- Merchant EMI and Flexipay earn no NeuCoins on SBI (the HDFC Tata Neu cards pay the base rate on merchant EMI)
- Grocery caps at just 1,000 NeuCoins a month, half the Infinity's; insurance, utilities and telecom at 2,000 each, UPI at 500
- Fuel, wallet loads, rent, government, education, gaming, cash advances and EMI earn nothing
- Standard 3.5% forex markup, unlike the Infinity's 1.99%
- Only 4 domestic lounge visits, gated on Rs. 50,000 prior-quarter spend, and SBI's published Tata Neu lounge list contains no metro airport
Eligibility & documents
Min. income
₹20,000 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / address proof
- Income proof (salary slips or ITR)
- Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
🎁 NeuCoins auto-credit to the NeuPass account within 7 working days of the monthly statement
🎁 Redeem NeuCoins at 1 NeuCoin = Re. 1 via Tata Pay at Tata Neu, Air India Express, BigBasket, Croma and IHCL hotels
🎁 Loyalty redemption at Tata CLiQ and Tata 1mg; Titan and Tanishq only through Tata Neu
🎁 At the point of sale in Croma, IHCL hotels and Westside stores
🎁 No statement credit, no cash and no transfer partners
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Statement credit Direct cash adjustment — no conversion
The concern Rewards are roughly half the Infinity variant's rate, the base is only 1%, and the 3.5% forex markup and NeuCoins' Tata-only utility limit its reach.
The bottom line
This card delivers a straightforward, budget-friendly route for earning NeuCoins while supporting RuPay UPI transactions. It suits casual Tata shoppers seeking a card that easily waives its fee; however, if your monthly spending within the Tata network grows, stepping up to the Infinity version (offering 5% back, a 1.99% forex markup, and international lounge privileges) delivers substantially greater value.
Sources & verification
Fees, reward rates, and benefits for the Tata Neu Plus SBI Card are taken from SBI Card 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 5 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for SBI Card . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2025 · 3 changes · last change Nov 2025
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2025 3 changes — 2 cuts, 1 neutral
▼ Fee Effective 1 Nov 2025
Portfolio fee revision (education and wallet-load fees added)
SBI Card's portfolio-wide fee revision added a 1% fee on education payments made through third-party apps and a 1% fee on every wallet load above Rs.1,000, alongside higher cash-payment, cheque-dishonour and cash-withdrawal charges. The MITC also carries a 1% Utility Payments Fee where utility spend exceeds Rs.50,000 in a billing cycle (from 1 Dec 2024) and a Rs.199 processing fee on every rent-payment transaction. Recorded here 2026-08-06; the change applied portfolio-wide but had only been carried on a single card file.
Verification: SBI Card ↗ · Confidence: High
▼ Redemption Effective 1 Aug 2025
NeuCoins given a fixed 12-month expiry
Rolling validity (extended with each transaction) → 12 months from end of the credit month
From 1 Aug 2025 Tata Digital moved the whole NeuPass programme (except IHCL/Taj) off rolling validity to a fixed expiry: NeuCoins now lapse 12 months from the end of the month they are credited. This is a programme-wide currency change, so NeuCoins earned on the Tata Neu Plus SBI Card are affected too; pre-existing non-promotional balances were set to expire 31 Jul 2026. It ended indefinite hoarding, forcing earn-and-burn within a year.
Verification: CardAdvisor Research · Confidence: Reconstructed
◆ Launch Effective 16 Apr 2025
Tata Neu Plus SBI Card launched
SBI Card and Tata Digital launched the co-branded Tata Neu SBI range; the entry Plus variant earns 2% NeuCoins on non-EMI spends at Tata Neu and partner Tata brands and 1% on all other spends including RuPay UPI. Joining/annual fee Rs 499 (reversed at Rs 1 lakh annual spend), a 499-NeuCoin welcome benefit, 4 domestic lounge visits a year (1/quarter on Rs 50,000 prior-quarter spend), 1% fuel-surcharge waiver, 3.5% forex and 1 NeuCoin = Re 1.
Verification: CardAdvisor Research · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Quick summary
Type Entry credit card
Reward rate 1%–2%
Best for First-time Tata Neu shoppers wanting a low-fee card
Joining fee ₹499
Annual fee ₹499
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 5 Aug 2026
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280 cards analysed — August 2026
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