The popularity of credit cards is increasing day by day. Therefore, you can find different types of cards in the market. SBI is a leading bank and offers different types of credit cards. The SBI Shaurya Credit Card was also one of the best cards launched by the bank. Further, this credit card was designed with deference personnel like officers of the Indian Army, Air Force, Navy, and Paramilitary Forces in mind. In order to honor the armed forces the SBI has come up with this idea. The SBI Shaurya Credit Card offers benefits such as a welcome bonus, reward points, renewal fee benefits, fuel surcharges, insurance, and many others. Keep reading to know more about “What was the inspiration behind the launch of the SBI Shaurya Credit Card?”
What is the SBI Shaurya Credit Card?
The SBI Shaurya Credit Card is for the armed forces of our country. SBI is known to cater to the needs of different individuals. As we all know that each one of us wants financial freedom in our life irrespective of our profession. Therefore, to serve the Indian Defence Personnel the SBI brought up the idea. This SBI Defence Credit Card comes with a welcome benefit of 1000 reward points. However, it can only be availed after paying the joining fees. Further, within 15 days of credit card issuance, you will get the welcome benefit. Moreover, you can earn up to 5X reward points on CSD, Dining, Movies, Departmental Stores, and Grocery Spends. In addition, 1 reward point is provided for spending INR 100 on all other categories. Besides that, you can also pay your outstanding balance using the reward points. It is possible because 4 reward points are equal to INR 1. So you can also keep on collecting the reward points and use them to make the payment. You can redeem the reward points you have earned against a host of reward catalogs.
When making an annual spending of INR 50,000 or more, it is possible to reverse the annual fee going forward. There are many people who use their vehicles on daily basis to travel from one place to another. For such people, the Shaurya Credit Card comprises of 1% fuel surcharge waiver. So whenever you make a payment using the credit card you didn’t have to pay any extra charges. Furthermore, the fuel purchase must be between INR 300 to INR 3000 to reap the perk. Furthermore, the maximum surcharge waiver available is INR 250 per statement cycle. Insurance has become a necessity in our lives because mishaps can occur at any time. As a result, almost every credit card now includes an insurance benefit for cardholders. As a result, the card includes free personal death insurance worth INR 2 lakhs.
The armed forces can avail a range of advantages with the specially designed SBI Shaurya Credit Card that honors them. The credit card has the service branches imprinted on it, including airforce, army, navy, or paramilitary. Furthermore, this is what distinguishes it from others. However, Shaurya is one of the best credit cards for defense personnel. To get the credit card you need to spend INR 250 as a joining fee. Over 44 million merchant locations in 190 countries worldwide accept it. Whereas, in India over 3.7 million terminals have accepted it. In order to obtain the card you need to submit certain documents such as address proof, proof of identity, salary slip, form 60, and PAN Card. However, the bank may ask you for other documents if required. If in case you have any doubts or queries kindly contact the customer care department of SBI.