Priority Pass
State Bank of India
Tata Neu Infinity
The Tata Neu Infinity SBI Card mirrors the high-value 10% reward rate on the Tata Neu ecosystem while offering a competitive 1.99% forex markup.
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 30 May 2026.
At a Glance
Annual Fee
₹1,499
Joining Fee
₹1,499
Fee Waiver
Spend ₹3,00,000 annually
Lounge Access
See details
Forex Markup
2%
Effective Yield
1.5% – 10%
Our Take
The Tata Neu Infinity SBI Card mirrors the high-value 10% reward rate on the Tata Neu ecosystem while offering a competitive 1.99% forex markup. Unique to the SBI variant is its lower ₹3 lakh annual fee waiver and the classic SBI milestone structure, making it a powerful alternative for users who favor SBI’s redemption flexibility.In 2026, the SBI variant stands out with a distinct lounge access policy: you must spend ₹75,000 in the previous quarter to unlock 2 domestic visits (totaling 8 annually). Unlike the HDFC version, SBI provides a Priority Pass with 4 complimentary international visits as a standard feature, though subsequent visits carry a $27 fee. An unbiased review must highlight that while you earn 1.5% NeuCoins on UPI (RuPay variant), these are automatically credited to your NeuPass account at the end of each cycle. With a ₹1,499 renewal fee that is effectively "pre-paid" via 1,499 welcome NeuCoins, it remains a low-risk, high-reward powerhouse for Tata loyalists.
Pros
- Elite 10% Tata Ecosystem Yield: Offers 5% NeuCoins on all Tata brand spends (Croma, BigBasket, 1mg, Air India) plus an additional 5% if shopped via the Tata Neu App. For a household that 'lives' in the Tata ecosystem, this is the most profitable card in India.
- Superior 1.5% UPI Baseline (RuPay): On the RuPay variant, you earn a flat 1.5% NeuCoins on all UPI transactions. This is significantly higher than the 0.5%–1% offered by almost every other non-Tata card in the market for 'scan-and-pay' merchants.
- Industry-Leading 1.99% Forex Markup: While HDFC often charges 3.5% on their mid-tier cards, SBI maintains a lower 1.99% + GST markup here. This makes it a surprisingly competent international travel card, especially when paired with its lounge benefits.
- Clean Priority Pass Inclusion: Includes a complimentary Priority Pass membership with 4 international lounge visits per year. Unlike the HDFC version, which has seen reliability issues with its digital 'NeuPass' lounge entry, the physical SBI Priority Pass remains the gold standard for seamless access.
- Lucrative Welcome 'Refund': Upon paying the ₹1,499 joining fee and making one transaction, you receive 1,499 NeuCoins. Since 1 NeuCoin = ₹1, the card is effectively 'First Year Free' (FYF) with zero net cost to the user.
Cons
- Steep Quarterly Lounge Spend Hurdle: As of early 2026, the 8 domestic lounge visits (2 per quarter) are only 'unlocked' if you spend at least ₹75,000 in the previous calendar quarter. This is a 50% higher spend requirement than the HDFC variant's ₹50,000 hurdle.
- Closed-Loop 'NeuCoin' Rewards: Every rupee earned is a NeuCoin, which can ONLY be spent within Tata brands (BigBasket, IHCL Hotels, etc.). You cannot use these points to pay your credit card bill or redeem for cash, which may frustrate 'pure' cashback seekers.
- Absence of Milestone Rewards: Unlike the SBI Elite or Prime, this card offers zero bonus points for hitting ₹5 Lakh or ₹10 Lakh spend targets. It is a linear card—what you spend is what you get, with no 'mega-bonus' dopamine hits.
- Punitive Redemption Fee: SBI Card charges a flat ₹99 + GST for every reward redemption. For an ecosystem that encourages frequent small redemptions on the Neu app, this fee can quickly eat into the 1.5% savings of a small-scale user.
- Strict Spend Exclusions: No NeuCoins are earned on 'essential' categories including Fuel, Rent, Insurance, Education, and Government payments. These high-value spends also do not count toward the ₹3 Lakh annual fee waiver milestone.
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Tata Neu App & Partner Brands | 5% NeuCoins | 5.00% | No Upper Cap, but category-based limit still apply. |
| Non-Tata Online & UPI Spends | 1.5% NeuCoins | 1.50% | No Upper Cap |
| Offline Spends | 1.5% NeuCoins | 1.50% | No Upper Cap |
| Excluded Categories | No NeuCoins | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹3 Lakh | Fee Waiver0 pts | ₹1,499 + GST Savings | Annual fee waived for the following year upon reaching this spend target. |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Tata Neu App / Ecosystem | ₹1.00 per NeuCoin1:1 Ratio | Best Value (Redeem for groceries, electronics, or flights on the app) |
| Statement Credit (Cash) | ₹1.00 per NeuCoin1:1 Ratio | Available but subject to the '4,000 block' rule (SBI 2026 policy) |
What You Need to Know
NeuPass Additional 5%
Users can earn an additional 5% NeuCoins on select categories via the NeuPass program.
Impact: Brings the total potential yield on specific app categories to 10%.
Redemption Friction (2026)
Statement credit redemptions must be in multiples of 4,000 NeuCoins.
Impact: Requires a spend of ~₹2.6 Lakhs (at 1.5%) before you can take cashback.
Utility Capping
1% fee on utility payments exceeding ₹50,000 per cycle (SBI 2026 rule).
Impact: High utility bills attract a surcharge that negates the 1.5% reward rate.
UPI Merchant Restriction
1.5% reward is valid only on Merchant UPI (P2M), not Peer-to-Peer (P2P) transfers.
Impact: Paying friends or personal accounts will not generate rewards.
Essential Fine Print
Reward Exclusions
Non-Earning Categories: Fuel, Wallet Load, Cash Advance, Rent Payment, and EMI transactions do not earn NeuCoins.
Welcome Offer
Welcome NeuCoins
1,499 NeuCoins (1 NeuCoin = Re. 1 saving) credited to the Tata Neu App within 15 days of joining fee realisation.
Lounge Access
Priority PassDomestic Lounge Access
8 complimentary visits per year to domestic lounges in India (max 2 per quarter applicable on achieving spends of ₹75,000 in the previous quarter).
International Lounge Access
4 complimentary visits per year to international lounges via Priority Pass (max 1 per quarter).
Milestone Benefits
Renewal Fee Waiver
Spend ₹3,00,000 or more in the preceding year to get the renewal fee waived.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹1,499 |
| Annual / Renewal Fee | ₹1,499 |
| Fee Waiver Threshold | Spend ₹3,00,000 annually |
| Forex Markup | 2% |
| Reward Redemption Fee | ₹99 per redemption |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Salaried
Age between 18-70 years
Income
Must have a steady, verifiable income.
Ready to apply for Tata Neu Infinity?
Annual fee: ₹1,499 · Waived on ₹3,00,000 spend
Annual fee
₹1,499
1.5% – 10% yield