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Eternal SBI Card: ₹499 fee, 10% off on Zomato

SBI Card launches Eternal SBI Card with ₹499 annual fee, 10% off on Zomato and Blinkit, and 1% cashback on other purchases.

Written from our tracker data

SBI Card has launched the Eternal SBI Card in partnership with Eternal. This card comes with a ₹499 annual fee, which is reversed if you spend ₹2 lakh in a year. The card offers 10% off on Zomato, District, and Blinkit for beauty and electronics purchases, with a ₹2,000 monthly cap. For other Blinkit purchases, you get 5% off, and 5% off at four partner merchants. For all other purchases, you earn 1% cashback.

This card is aimed at individuals who frequently shop on Zomato and Blinkit, and offers significant savings for those who do. However, for general spending, the 1% cashback is relatively low compared to other cards in the market.

Our take: If you’re a heavy user of Zomato and Blinkit, and can maximize the discounts offered by this card, it’s worth considering. However, if your spending habits are more diverse, you may want to evaluate other options that offer better rewards across the board.

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