The Tata Neu Plus SBI Credit Card is the entry version of SBI Card’s Tata Neu range. It returns rewards as NeuCoins (1 NeuCoin = ₹1), with 2% on Tata Neu and Tata brands, up to 7% with Tata NeuPass on select categories, and 1% on UPI and other spends. The ₹499 fee is matched by welcome NeuCoins and waived at ₹1 lakh a year.
How the NeuCoins work
| Where you spend | What you earn | Cap |
|---|---|---|
| Tata Neu app/website and partner Tata brands | 2% as NeuCoins | |
| Select categories with Tata NeuPass | Extra 5% (up to 7% total) | |
| Non-Tata spends and UPI | Up to 1% as NeuCoins | 500 NeuCoins a month |
| Joining fee paid | 499 NeuCoins | Once |
Good to know: NeuCoins can be redeemed only across Tata Neu partner brands, such as BigBasket, Croma and Tata CLiQ. They are worth the most if you already shop there.
What you would actually earn
Spend ₹5,000 a month on Tata brands through Tata Neu and ₹15,000 on other spends and UPI. That is 100 + 150 = 250 NeuCoins a month, or ₹3,000 a year in Tata savings, before any NeuPass bonus. With NeuPass on select categories the Tata portion can rise much higher. At ₹2.4 lakh a year you also clear the ₹1 lakh fee waiver easily.
Plus vs Infinity
| Neu Plus | Neu Infinity | |
|---|---|---|
| Tata brands | 2% (+5% with NeuPass) | 5% (+5% with NeuPass) |
| Non-Tata and UPI | Up to 1% | Up to 1.5% |
| Annual fee | ₹499 + GST | ₹1,499 + GST |
| Fee waiver | ₹1 lakh spend | ₹3 lakh spend |
| Salaried income | ₹25,000 a month | ₹1 lakh a month |
Other benefits
- Lounges: 4 complimentary domestic visits a year (1 per quarter) when you spend ₹50,000 in the previous quarter.
- Fuel: 1% surcharge waiver on ₹400–₹5,000, up to ₹250 per statement cycle.
Tip: register for Tata NeuPass in the Tata Neu app, as the extra 5% on select categories applies only with NeuPass.
Fees and charges
| Joining fee | ₹499 + GST |
|---|---|
| Annual fee | ₹499 + GST |
| Annual fee waiver | Spend ₹1 lakh or more |
Eligibility
| Age | 21 to 65 years |
|---|---|
| Employment | Salaried or self-employed |
| Income (salaried) | ₹25,000 a month or more |
| Income (self-employed) | ₹6 lakh a year or more |
| Credit score | 720 or above |
Documents you will need
- Identity: PAN card (or Form 60)
- Address: Aadhaar, passport or a recent utility bill
- Income: latest salary slips or bank statements
- Photo: a recent passport-size photograph
How to apply
- Tap Apply on SBI Card site on this page to open the official application form.
- Fill in the form in one go, using the mobile number linked to your Aadhaar.
- Complete video KYC when prompted, from your current address.
- Once the card arrives, make a first transaction (₹100 or more) within 30 days to activate it.
Who should get it, and who shouldn’t
Get it if you buy groceries on BigBasket, electronics at Croma or shop other Tata brands, and want a low-fee card that also earns on UPI.
Skip it if you rarely use Tata brands. NeuCoins have little use outside the Tata Neu ecosystem, so a plain cashback card would suit you better.
