Mumbai Metro SBI Credit Card

When exploring entry-level credit cards, SBI stands out with diverse options. Notably, the “Mumbai Metro SBI Card” caters to metro commuters, while the ‘Delhi Metro SBI Card‘ targets residents. Mumbai Metro SBI Card offers rewards for top-ups, specific spends, and more, with a reasonable joining fee of Rs. 499, making it a worthwhile choice.

Key Highlights of Mumbai Metro SBI Credit Card

  1. Joining fee: ₹499 for Mumbai Metro SBI Card.
  2. Welcome benefits: Earn 2000 reward points by spending ₹2000 within 60 days + ₹50 preloaded value.
  3. Auto top-up: Automatic recharge of ₹200 when balance reaches ₹50.
  4. 10 reward points for every ₹100 spent on dining, movies, grocery, and departmental stores (up to 5000 RPs/month).
  5. 10 reward points for every ₹100 spent on top-up transactions.
  6. 1 reward point for every ₹100 spent on other categories.

Features and Benefits of Mumbai Metro SBI Credit Card

The Mumbai Metro SBI Credit Card offers several features and benefits:

Benefits:

1. Welcome Benefits:

  • Rs.50 pre-loaded on Mumbai Metro Smart Card
  • Earn 2000 points on spending Rs.2000 in first 60 days

2. Auto Top-up:

  • Auto top-up of Rs.200 at Rs.50 balance

3. Reward Points:

  • 10 points per Rs.100 on entertainment, dining, grocery, or departmental stores (up to 5000 points)
  • 1 point per Rs.100 on other categories

4. Fuel Benefits:

  • 1% fuel surcharge waived on Rs.500 to Rs.3,000 transactions at all petrol pumps

5. Yearly Benefits:

  • Membership fee reversed from the second year
  • Fee reversed if yearly spends exceed Rs.1,00,000

6. Dual Usage Offer:

  • Earn 10 points per Rs.100 spent

Features:

1. Add-On Cards: Apply for family members above 18.

2. Utility Bill Payments: Easily pay telephone, insurance, and electricity bills.

3. Balance Transfer: Low-interest balance transfer option.

4. Easy Money Facility: Order bank drafts via SBI’s helpline.

5. Alerts:

  • Receive SMS alerts on credit card status.
  • Alerts include Payment Assistance, Credit & Cash limit, Cheque, and Mini Statement.

6. Reward Points:

  • 10 points per Rs.100 on groceries, movies, utility, and dining.
  • 1 point per Rs.100 on other categories.
  • Maximum 5,000 points per month.

7. Flexipay: Convert purchases to low-interest EMIs.

8. Convenience:

  • Monthly statements via email.
  • Online statement checking and address change.

9. Fuel Surcharge Waiver: 1% waiver on transactions between Rs.500 and Rs.3,000 at all petrol pumps.

10. Card Portal:

  • Manage online account, statements, personal details.
  • Win prizes through online activations.

11. Drop Box Locator: Use SMS alerts to locate nearest SBI Card Drop Box.

Mumbai Metro SBI Credit Card Fees and Charges

Explore the fee structure for the Mumbai Metro SBI Credit Card and discover the financial advantages that come with it.

1. Affordable Membership:

  • Joining and annual fee: Rs. 499
  • Waived off in the second year on spending Rs. 1 lakh or more in the previous year.

2. Interest Rate:

  • 3.5% per month
  • 42% annually on the outstanding balance.

3. Foreign Currency Usage:

  • Markup fee: 3.5% of the spent amount in foreign currency.

4. Cash Withdrawal:

  • Fee: 2.5% of the withdrawn amount or Rs. 500 (whichever is higher).

Eligibility Criteria for Mumbai Metro SBI Credit Card

Here are essential criteria for applying for an Mumbai Metro SBI Credit Card:

  1. Age Requirement: Age eligibility: 21 to 70 years.
  2. Employment Criteria: Suitable for both salaried employees and self-employed individuals.
  3. Creditworthiness: A prerequisite is a commendable credit score.

Documents Required for Mumbai Metro SBI Credit Card

To apply for the Mumbai Metro SBI Credit Card, you will typically need to provide the following documents:

1. Proof of Income Options:

  • Aadhar Card
  • Voter’s Card
  • PAN Card
  • Driving License

2. Proof of Address Options:

  • Utility bills (latest three months)
  • Aadhar Card
  • Rent Agreement
  • Passport
  • Ration Card

3. Income Verification Documents:

  • Latest Salary Slips
  • Latest Audited Income Tax Return (ITR)

How To Apply for Mumbai Metro SBI Credit Card?

Follow these steps to apply for the Mumbai Metro SBI Credit Card:

  1. Go to SBI card official website.
  2. Pick your desired card and click ‘Apply now.’
  3. Complete the necessary details.
  4. Submit your application.

Frequently Asked Questions (FAQs) –

1. What is the Mumbai Metro SBI Credit Card?

It’s a specialized credit card offering exclusive benefits and rewards for Mumbai Metro users.

2. How can I apply for the Mumbai Metro SBI Card?

Visit the SBI website, choose the Mumbai Metro SBI card, and follow the online application process.

3. What are the key features of the Mumbai Metro SBI Card?

Enjoy perks such as metro fare discounts, rewards on dining, shopping, and more.

4. Can I use this card for transactions outside the metro system?

Yes, it’s a regular credit card that can be used for all transactions globally.

5. Are there any joining or annual fees?

Refer to the card details for information on fees and charges.

6. How do I earn and redeem rewards with Mumbai Metro SBI Card?

Earn rewards on metro rides and other transactions; redeem them through the SBI rewards program.

7. Is there any insurance coverage with the Mumbai Metro SBI Card?

Check the terms and conditions for details on insurance coverage provided.

8. Can I track my metro expenses separately on the card statement?

Yes, the statement will reflect your metro transactions separately for easy tracking.

9. What security features are offered with the Mumbai Metro SBI Credit Card?

The card comes with advanced security features, including EMV chip technology and more.

10. How can I contact customer support for any issues or queries?

Reach out to SBI credit card customer care support through the provided helpline or visit the nearest SBI branch.