Apollo SBI Card
SBI Card · Open to apply
A ₹499 Apollo co-brand card: 3 points per ₹100 at Apollo services, 2 per ₹100 on dining, movies and entertainment, 1 per ₹200 elsewhere. Points are worth ₹1 each, but only at Apollo (instant redemption at OneApollo services, vouchers or Health Credits).
- Annual fee
- ₹499 + GST a year
- Joining fee
- ₹499 + GST
- Fee waiver
- Annual fee waived on ₹1,00,000 spend per card year
- Base rate
- 1 point per ₹200 on all other spends: 1 SBI Card Reward Points per ₹200 (about 0.5% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- 3 points per ₹100 at Apollo services: 3 SBI Card Reward Points per ₹100 (about 3% at cash value)
- 2 points per ₹100 on dining, movies and entertainment: 2 SBI Card Reward Points per ₹100 (about 2% at cash value)
Earns nothing on
- No points at petrol pumps and service stations (MCCs 5172, 5541, 5542, 5983)
- No points on cash advances
- No points on Flexipay and Merchant EMI
- No points on rent (MCC 6513)
- No points on government-related transactions (MCCs 9399, 9311)
Where the sources disagree
- Wallet loads: The booklet excludes e-wallet loads (MCCs 6540, 6541) from points from 1 Jul 2020. The Shop & Smile T&C (modified 23 Sep 2026) says wallet loads are excluded "excluding Apollo SBI Card which will continue earning Reward Points as per the card feature on e-Wallet loading transactions". We follow the later document, so wallet loads earn the base rate; SBI Card's 1% fee on wallet loads above ₹1,000 still applies.
- Government-related transactions date: The booklet gives 15 Jul 2024 for Apollo SBI Card. SBI Card's lists of cards without points on government spends (1 Jun and 15 Jul 2024) do not name this card. We use the booklet.
Terms the calculator does not value
- The Shop & Smile T&C exclusion for e-wallet loads (MCCs 6540, 6541) does not cover this card: it says wallet loads are excluded "excluding Apollo SBI Card which will continue earning Reward Points as per the card feature on e-Wallet loading transactions". Wallet loads therefore earn the base rate here, so no rate-0 wallet rule is entered; SBI Card's 1% fee on wallet loads above ₹1,000 still applies.
- 1 point per ₹100 on Beauty & Wellness services (product page and booklet), above the 1 per ₹200 base. The documents give no MCCs and no calculator category matches.
- Up to 10% instant discount at select Apollo services, with no list or limits given.
- Reward points on Apollo spends depend on Apollo's merchant ID list held by SBI Card; a store missing from it earns the base rate until added.
- Gaming (MCCs 5816, 7993, 7994): the Shop & Smile T&C excludes them for a list of cards, and SBI Card's 2024 gaming list does not name this card; no exclusion is entered.
Sources
- Apollo SBI Card product-page data file (fees, rewards, welcome, fuel surcharge waiver) (Product page, the bank's own, read 6 Nov 2026)
- Apollo SBI Card Terms and Conditions booklet (PDF created 21 Jan 2026, modified 16 Sep 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card Shop & Smile rewards programme T&C (exclusions, redemption; PDF modified 23 Sep 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- SBI Card Most Important Terms and Conditions, annual and renewal fee table (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- SBI Card Important Notices page (1 Jul 2022 fee reversal and 1 Jul 2023 rent notices) (Bank notice, the bank's own, read 6 Nov 2026)
- Apollo SBI Card list of Apollo outlets for instant reward point redemption (Product page, the bank's own, read 6 Nov 2026)