Google Pay SBI Card: Google Pay and SBI have jointly launched a new card. This card comes with many benefits. Let's explore its features.
Google Pay and SBI jointly launched a new card.
Google Pay and SBI Card: Credit cards are used by every second person these days. People use them specifically to balance their financial situation and lifestyle. We've seen and used credit cards from various banks. But now a new card has been launched, offering even more benefits along with numerous perks and rewards.
Google Pay SBI's new card
: Google Pay and SBI Card have jointly launched the Google Pay Flex SBI Card. This co-branded credit card is specifically designed for everyday spenders. The card offers users rewards worth up to ₹18,000 annually. Additionally, customers will be able to access all their credit card features through the Google Pay app.
Rewards worth up to 18,000 will be available.
Customers will receive stars as rewards on the Google Pay Flex SBI card. Each star costs 1 rupee. Customers can earn up to 8 stars for every 500 rupees spent. However, the number of stars earned will depend on the total spend in the billing cycle. Both companies have stated that cardholders can earn rewards worth up to 18,000 rupees in a year. These stars can be used immediately when making payments on Google Pay.
Fees and Welcome Benefits
The joining fee for this card is ₹499 plus taxes. The same fee will be payable upon annual renewal. However, if the customer spends ₹1 lakh or more using the card in the previous year, the annual fee will be waived. Furthermore, new customers will receive welcome benefits worth up to ₹1,000, including a ₹500 benefit on making their first payment through Google Pay, stars worth ₹500 after paying the joining fee, and more rewards for higher spends.
Focus on everyday spending:
This card's rewards system is designed to focus on everyday spending, including:
- grocery
- Electricity, water and other utility bills
- Travel booking
- Online and offline shopping
- Payments at stores and other merchants
From applying for a card to viewing expenses, using rewards and managing accounts, everything can be done through the Google Pay app.
If your credit card bill is high in a particular month, customers can convert their latest outstanding bill into EMIs. This allows larger amounts to be paid over several months.
