Eternal SBI Card

SBI Card · Invite only

A co-brand of SBI Card and Eternal, Zomato's parent: a 10% instant discount on Zomato and District and 5% on Blinkit (10% on beauty and electronics), together up to ₹2,000 a month; 5% cashback at Uber, Urban Company, Apollo 24|7 and ixigo up to ₹1,000; 1% elsewhere up to ₹500. ₹499 a year, waived on ₹2 lakh of spend. Issued by invitation from the Eternal apps.

Annual fee
₹499 + GST a year
Joining fee
₹499 + GST
Fee waiver
Annual fee waived on ₹2,00,000 spend per card year
Base rate
All other eligible spends, 1% cashback: 1% cashback (about 1% at cash value)
Lounges
None on record
Forex markup
3.5%
Data
From bank documents, checked 24 Oct 2026

Main earn rates

  • Zomato and District, 10% instant discount: 10% cashback (about 10% at cash value)
  • Blinkit, 5% instant discount (10% on beauty and electronics): 5% cashback (about 5% at cash value)
  • Uber, Urban Company and Apollo 24|7, 5% cashback: 5% cashback (about 5% at cash value)
  • ixigo flights and hotels with coupon IXIGOSBI, 4% instant discount plus 1% cashback: 5% cashback (about 5% at cash value)

Earns nothing on

  • No cashback on fuel, rent, insurance or jewellery
  • No cashback on education
  • No cashback on utility bills and telecom
  • No cashback on wallet loads or gift and prepaid card loads
  • No cashback on government payments or gaming
  • No cashback on advertising and business services (MCCs 7311, 7399)
  • No cashback on EMI, Flexipay or cash advances

Where the sources disagree

  • How to apply: The product page's FAQ gives SBI Card's generic text ("You can apply for the Eternal SBI Card through our website sbicard.com or via our Chatbot ILA"); the press release and Eternal's page say applications are by invitation from the Zomato, Blinkit and District apps, in phases. The status stays invite_only.

Terms the calculator does not value

  • Blinkit gives 10% (not 5%) on beauty and electronics, inside the same ₹2,000 cap. The calculator's Blinkit spend is groceries, so it is valued at 5%.
  • Bistro: SBI Card's press release and Eternal's page give "a 10% instant discount on Bistro" orders, which SBI Card's T&C table does not list; not valued. The press release's feature list puts Bistro inside the combined ₹2,000 monthly cap, and Eternal's page counts "₹2,000 in instant discounts across Eternal brands".
  • The T&C exclusion list also names direct-marketing and mail-order MCCs 5962, 5963, 5964, 5965, 5966, 5968 and 5969, courier and storage (4215, 4225), gift and souvenir shops (5947) and payments by standing instruction on SBI Card's own platforms. Our online-shopping category holds 5964, 5965 and 5969 among other codes, so online shopping is valued at 1%; a store coded as direct marketing earns nothing.
  • The preferred-partner and base caps are counted from the first transaction after the account opens through each billing cycle; the calculator uses statement periods. Cashback is reversed on refunds and on later EMI conversion, which the calculator does not model.
  • The 4% ixigo instant discount is for flights and hotels booked with the IXIGOSBI coupon; the calculator's ixigo spend (other travel) also holds trains and buses, valued at the same 5% though the documents do not say they get it.
  • The first cards are a limited release (5,000 in the first phase, by invitation from the Eternal apps); whether a reader can get one is not modelled.

Sources

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