SBI Card Collaborates with Tata Digital to Introduce the 'Tata Neu SBI Card'.

Banking & Finance | Dated: 19 Apr 2025

In April 2025, Gurugram (Haryana)-based SBI Cards & Payment Services Limited (SBICPSL), a subsidiary of the State Bank of India (SBI), partnered with Mumbai (Maharashtra)-based Tata Digital Private Limited to launch the 'Tata Neu SBI Card', a co-branded credit c

🎯 Key Highlights:

  • - The card is available in two variants: Tata Neu Infinity SBI Card and Tata Neu Plus SBI Card, offering rewards in NeuCoins, which are redeemable on the Tata Neu application (app).
  • - Both variants are issued on the RuPay and Visa networks.

💡 Other Important Facts:

  • (i) Tata Neu Infinity SBI Card: Joining & annual fees are ₹1,499, with a Spend-Based Annual Fee Reversal at ₹3,00,000.
  • (ii) Tata Neu Plus SBI Card: Joining & annual fees are ₹499, with a Spend-Based Annual Fee Reversal at ₹1,00,000.
  • (iii) In April 2025, New York (United States of America, USA)-based Mastercard Inc. partnered with Kumbakonam (Tamil Nadu)-based City Union Bank Limited (CUB) to launch India’s first cricket-themed credit cards, offering exclusive benefits for fans of Indian Premier League (IPL) teams Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH).

📚 Test Your Knowledge:

Which company recently collaborated with SBI Card to launch the 'Tata Neu SBI Card'?

Correct Answer: Tata Digital

🚀 Quick Recap:

About SBI

  • Chairman : Challa Sreenivasulu Setty
  • Headquarter : Mumbai