SBI Card Unnati Mastercard review

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Advertiser Disclosure

Annual Fee
₹499.00
Minimum Deposit
₹25,000.00
Interest Rate: Purchases
30%
Balance Transfer
30% (0.75% for the first 3 months)


8/10
Informr score
The SBI Card Unnati Mastercard currently has an Informr score of 8 out of 10. This score is based on our evaluation of 2 sources including reviews from users and the web's most trusted critics.

Am I eligible?


SBI Card Unnati Mastercard is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of India
Yes Provide a minimum security deposit of ₹25000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Capital Vidya

Although the annual fee of Rs. 499 is waived off for first four years, the reward rate is very low (0.25%). If you don’t mind paying the annual fee of Rs. 499, you should opt for other credit cards that offer much better reward rates. 

- Team Capital Vidya, Capital Vidya
CreditSmart

While providing the customer with the same benefits given by almost any other credit card out there, SBI does this without the customer having to worry about maintaining an impeccable credit history. Issuing credit cards based on the account held by the individual is a revolutionary step and can bri...

- Rakesh Ramabhadran, CreditSmart

Details


Interest Rates
Regular APR Interest Rate 30%
Balance Transfer Interest Rate 30% (0.75% for the first 3 months)

Intro rate of 1.27% for 6 months also available

Cash Advance Interest Rate 30%
Rates & Fees
Annual Fee ₹499.00

Waived on the first 4 years.

Balance Transfer Fee 1.5%

Minimum of Rs. 199

Cash Advance Fee 2.5%

Minimum of Rs. 300

Foreign Transaction Fee 3.5%


Over Limit Fee 2.5%

Minimum of Rs. 500

Late Payment Fee ₹750.00

Maximum

Promotions
Sign up bonus No
Rewards
All Purchases 1 point per ₹100 spent

Except on fuel

Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Earn Rs. 500 cash back on spends of Rs 50,000 per year.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Additional Benefits

1% fuel surcharge waived off on every transaction of Rs. 500 - Rs. 3,000 (A maximum surcharge waiver of Rs. 100 per statement cycle).

Eligibility
Minimum Security Deposit ₹25,000
Minimum Age 21
Minimum Personal Income
Temporary Residents No
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Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


Capital Vidya

Good credit card to start

Capital Vidya

Although the annual fee of Rs. 499 is waived off for first four years, the reward rate is very low (0.25%). If you don’t mind paying the annual fee of Rs. 499, you should opt for other credit cards that offer much better reward rates. 

Read full review

Although the annual fee of Rs. 499 is waived off for first four years, the reward rate is very low (0.25%). If you don’t mind paying the annual fee of Rs. 499, you should opt for other credit cards that offer much better reward rates. 

Read full review

Less

CreditSmart

A great first card

from CreditSmart

While providing the customer with the same benefits given by almost any other credit card out there, SBI does this without the customer having to worry about maintaining an impeccable credit history. Issuing credit cards based on the account held by the individual is a revolutionary step and can...More

While providing the customer with the same benefits given by almost any other credit card out there, SBI does this without the customer having to worry about maintaining an impeccable credit history. Issuing credit cards based on the account held by the individual is a revolutionary step and can bring a lot of people into the digital fold.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.