SBI Card PULSE
SBI Card · Visa · Mid card
It is one of the few mainstream cards with durable accelerated value across pharmacy, fitness, dining and movies.
Health- and fitness-focused users with recurring pharmacy, dining and movie spend.
Terms checked 24 Sept 2026
- Annual fee
- ₹1,499 + GST
- Joining fee
- ₹1,499 + GST
- Base reward rate
- 0.5%
- Forex markup
- 3.5%
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Online shopping | 0.5% |
| Groceries & essentials | 0.5% |
| Dining & delivery | 0.5% |
| Travel & hotels | 0.5% |
| Bills & utilities | 0.5% |
| Beauty & wellness | 0.5% |
| Entertainment & movies | 0.5% |
| Education & family | 0.5% |
| Healthcare & pharmacy | 0.5% |
| Subscriptions & streaming | 0.5% |
| Offline store shopping | 0.5% |
| International spending | 0.5% |
| Gold & jewellery | 0.5% |
| Insurance premiums | 0.5% |
| Other miscellaneous | 0.5% |
| Fuel & commute | 0% |
| House rent | 0% |
Caps and fee waiver
- Reward caps
- Incremental health, dining, movie and sports points: ₹1,875/month
- Annual fee waiver
- At ₹2,00,000 annual spending
- Monthly income requirement
- Not listed
Airport lounge access
4 domestic airport lounge visits per year
1 domestic airport lounge visit per quarter · Issuer card
Guest access: Not available
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 4 items
Health, dining, movie and sports incremental points
Usage-based valueEight incremental points per ₹100 only at the published pharmacy, dining, movie, sports-apparel, sporting-goods, club and recreation MCCs.
Conditions: Eight incremental points per ₹100 only at the published pharmacy, dining, movie, sports-apparel, sporting-goods, club and recreation MCCs.
Government-payment exclusion
Usage-based valueGovernment transactions earn no points under current SBI Card exclusions.
Conditions: Government transactions earn no points under current SBI Card exclusions.
Other eligible retail points
Usage-based valueTwo points per ₹100 on other eligible retail purchases.
Base rewards continue after the monthly accelerator cap
Shown without a cash value
Fees · 2 items
Annual card fee
Cost ₹1,499₹1,499 annual fee before applicable tax.
Joining fee
Cost ₹1,499₹1,499 one-time joining fee before applicable tax.
Fee waiver · 1 item
Annual fee waiver
Usage-based · up to ₹1,499Annual fee may be waived after ₹2,00,000 of eligible annual spending.
Conditions: Reach ₹2,00,000 eligible annual spending
Welcome benefits · 3 items
Noise ColorFit Pulse 4 Pro smartwatch
Shown without a cash valuePhysical welcome device under issuer fulfilment terms; no resale or cash value is assumed.
Conditions: Pay the applicable ₹1,499 joining fee · Issuer delivery, warranty and fulfilment terms apply
12-month FITPASS PRO membership
Shown without a cash valuePartner fitness membership; no guaranteed cash-equivalent value is assigned.
Conditions: Pay the joining fee and complete one eligible transaction within 12 months · Partner activation, availability and usage terms apply
12-month Netmeds First membership
Shown without a cash valuePartner health membership; no guaranteed cash-equivalent value is assigned.
Conditions: Pay the joining fee and complete one eligible transaction within 12 months · Partner activation, availability and usage terms apply
Spend milestones · 1 item
₹1,500 Netmeds voucher at ₹4 lakh
Recorded value ₹1,500Unlocked after ₹4,00,000 of eligible spending.
Conditions: Reach ₹4,00,000 per card anniversary year
Airport lounge access · 2 items
Domestic lounge access
Usage-based value1 visit per quarter through Issuer card. Guest access: not available.
Priority Pass membership does not itself include complimentary international visits
Shown without a cash value
Movies and entertainment · 1 item
2.5% value at published pharmacy, dining, movie and sports MCCs
Shown without a cash value
Insurance and protection · 5 items
Card fraud-liability cover up to ₹1 lakh for eligible lost-card, counterfeiting, skimming, phishing and online-fraud events under the policy exclusions and reporting timelines
Shown without a cash valueInternational checked-baggage total-loss cover up to ₹72,000
Shown without a cash valueChecked-baggage delay cover up to ₹7,500
Shown without a cash valuePassport and travel-document loss cover up to ₹12,500
Shown without a cash valueFlight-delay cover up to ₹7,500 after the published six-hour domestic or twelve-hour international deductible
Shown without a cash value
Memberships · 2 items
Twelve-month FITPASS PRO and Netmeds First memberships after joining-fee payment and one eligible transaction; analogous renewal benefits require renewal-fee payment and a transaction
Shown without a cash valuePriority Pass membership does not itself include complimentary international visits
Shown without a cash value
Foreign-currency charges · 1 item
Foreign-currency markup
Usage-based value3.5% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Application eligibility
Shown without a cash valueApplication availability: open. No universal verified numeric income threshold is used as a hard filter. SBI Card does not publish one universal numeric income threshold for SBI Card PULSE.
Other benefits · 2 items
Noise ColorFit Pulse 4 Pro smartwatch after joining-fee payment
Shown without a cash value1% fuel-surcharge waiver capped at ₹250 per statement cycle on eligible ₹500-₹4,000 fuel purchases
Shown without a cash value
Other categories (6)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Travel privileges
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Official source 3 ↗Dining
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Official source 3 ↗Golf
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Fuel benefits
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Official source 3 ↗Concierge
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ 2.5% value at published pharmacy, dining, movie and sports MCCs
- ✓ Base rewards continue after the monthly accelerator cap
- ✓ Four domestic lounge visits yearly
- ✓ ₹1,500 Netmeds voucher at ₹4 lakh annual spend
What to watch
The 2.5% rate is MCC-specific, not a blanket rate on every health, fitness or entertainment purchase. Welcome devices and memberships have no guaranteed cash-equivalent value.
Recorded exclusions
Fuel Commute · Rent · Wallet load · Cash withdrawal · Balance transfer · Merchant emi · Flexipay · Fees charges
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 24 Sept 2026