SBI Apollo Credit Card: Benefits, Features & Charges

SBI Apollo Credit Card: Benefits, Features & Charges

SBI Card and Apollo Healthcare have jointly launched a co-branded credit card. Its name is (SBI) Apollo Credit Card. Using this credit card, customers will be able to avail discounts on health check-ups and consultations with the doctor. Customers will also get One Apollo membership with this co-branded credit card (SBI). Customers also get many types of health facilities in One Apollo membership.

(SBI) Card’s Apollo Healthcare branded card includes a 10% discount on pharmacy products. Along with this, the reward points received for the expenses made with this credit card can be spent against any service of Apollo. Along with this, the benefit of monthly installment (EMI) can also be availed on the purchase of health insurance with Credit Card.

In today’s article, we will learn in detail about (the SBI) Apollo Credit Card and will tell you what are its benefits and how to apply for it. Therefore, read this article till the end so that you do not face any problems later while applying for this card.

What is the SBI Apollo Credit Card?

(SBI) Apollo Credit Card is a co-branded credit card offered under the partnership between the State Bank of India ((SBI)) and Apollo Healthcare. This credit card is specially designed for customers who spend more on their healthcare needs. This credit card offers great rewards and discounts on various healthcare services, medicines, and Apollo pharmacy purchases.

How is the design of the SBI Apollo Credit Card?

The SBI Apollo Credit Card has a beautiful, modern design with blue, white, and silver colors altogether. In the top left corner of the card is the logo of SBI while the branding of Apollo Hospitals is imputed boldly.

It comes with a smooth finish and has a professional look and feel it carries the state partnership between the State Bank of India (SBI) and Apollo Hospitals. It is simple, yet stylishly designed and can easily fit into a wallet or purse.

What are the benefits of the SBI Apollo Credit Card?

Here are the main benefits:

  1. Health Benefits:
  • You earn reward points on spends at Apollo Hospitals and other health spends.
  • You enjoy health check-ups and medical services at Apollo Hospitals with discounts.
  1. Reward Points:
  • 5 Reward Points for every ₹100 spent at Apollo Hospitals.
  • 1 Reward Point for every ₹100 spent on other purchases.
  1. Welcome Gift:
  • You get a welcome gift in the form of gift vouchers or other offers when you first get the card.
  1. Fuel Surcharge Waiver:
  • Gea t fuel surcharge waiver at select petrol stations, making it easier to save on fuel costs.
  1. Dining Benefits:
  • Enjoy exclusive discounts at select restaurants and dining outlets.
  1. Global Acceptance:
  • This card can be used for online and offline purchases anywhere that accepts Visa cards.
  1. Easy EMI Option:
  • You can convert big purchases into easy EMI options with low interest rates.

What are the fees for the SBI Apollo Credit Card?

Here is a simple breakup of the  SBI Apollo Credit Card fees.

Joining Fee₹499 + GST (one-time fee when you get the card).
Annual Fee₹499 = GST per year. This will be waived if you spend ₹1,00,000 or more in a year.
Add-on Card FeeNo charges for additional cards for family members.
Finance Charges3.35% per month (40% annually) on the outstanding balance if you don’t pay your bill in full.
Cash Advance Fee2.5% of the amount withdrawn or ₹500, whichever is higher.
Late Payment FeeFor Statement Balance
From Rs.0 to Rs.500 – NilMore than Rs.500 up to Rs.1,000 – Rs.400More than Rs.1,000 up to Rs.10,000 – Rs.750More than Rs.10,000 up to Rs.25,000 – Rs.950More than Rs.25,000 up to Rs.50,000 – Rs.1,100More than Rs.50,000 – Rs.1,300

What are the criteria for getting an SBI Apollo Credit Card?

The following are the primary requirements:

  1. To apply for the  SBI Apollo Credit Card, you must be between 18 and 70 years old. This way, applicants will either be young enough to begin building a credit history or mature enough to have an established financial background.
  1. The income requirement differs according to your employment status:
  • Self-Employed Professionals: A minimum Annual income of Rs.1 lakhs usually does the job.
  1. A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that it increases the approval probability.
  1. Your credit score plays a role in the selection process. It is a tendency for SBI Bank to favor borrowers with a better credit score usually above 750. A better credit score generally indicates that the person has an excellent history in managing his finances and is quite reliable as a borrower.
  1. You must be an Indian resident and have valid address proof within the country. In case you are applying from outside India, then you would not be considered eligible for this card unless you are an NRI and fall into other criteria that are required for this type of card.
  1. A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.
  1. A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.

What documents are required to get an SBI Apollo Credit Card?

The documents that you will have to submit to get an  SBI Apollo Credit Card are as below:

Identity ProofAadhaar card, Passport, Voter ID, Driving license, PAN card
Address ProofUtility bills like electricity, water bill, ancieagreementsent, Bank statements, or passbooks with your address
Income ProofUtility bills like electricity, water, ancieagreementsent, Bank statements, or passbook with your address
PhotographThe latest passport-sized photograph

Where can the SBI Apollo Credit Card be used?

Here is the list of places where you can use it:

  • With the Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.
  • You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.
  • You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.
  • You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.
  • You can use your credit card to pay electricity and water bills, mobile bills, and internet services.
  • You can use your  SBI Apollo Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).
  • The Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the SBI Apollo Credit Card?

The credit amount you can spend is what you are provided with an  SBI Apollo Credit Card. It is based on your income, credit score, and other financial history when you are selected for this credit card by the bank.

For instance, if you have a credit limit of ₹50,000, you can spend up to that amount only. If you want to spend more than the limit, the bank will not consider it.

The actual credit limit varies with the person. A credit limit could be ₹30,000 for someone and ₹1,00,000 for another or even more, considering his/her profile and financial background.

It’s essential to follow the expenses and not exceed the credit limit because when you pass this limit then penalties get added, and your credit score also goes down.

How do you apply for an SBI Apollo Credit Card?

Apply it through both these modes: 

Online Application Process:

  • Visit the official website of the SBI Bank, i.e. 
  • Go to ‘Cards’, followed by ‘Credit Cards’.
  • On that page, you can see numerous options for credit cards issued by SBI Bank; for instance, you can choose the  SBI Apollo Credit Card.
  • Just hover your cursor on the  SBI Apollo Credit Card, followed by selecting ‘Apply Now‘ from there.
  • You will be asked to fill out your details including your name, contact information, income details, and employment status.
  • Be accurate and updated with the information provided.
  • You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.
  • After filling out the details and uploading the documents, review your application to make sure everything is correct.
  • The bank will check your application after submitting it. They can ask for extra documents or information if required.
  • You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process:

  • You can walk into the nearest SBI Bank branch to apply for the Credit Card.
  • Request for the credit card application form of the  SBI Apollo Credit Card. They will provide you with the form and proceed accordingly.
  • Fill the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.
  • Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and pas hotograph.
  • Your application will be processed, and your information will be cross-checked at the bank level.
  • In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.
  • You will receive the Credit Card by post at the same postal address.
  • Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the SBI Bank Card website, or mobile app or by calling their customer service.
  • You must set your PIN (Personal Identification Number) for security purposes before you can start using your credit card.

Would getting a Credit Card in 2025 be right?

Yes, getting an SBI Apollo Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility. 

SBI Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a very good option in 2025.

Conclusion

(SBI) Apollo Credit Card has the added value of reducing one’s healthcare expenditures and also facilitates better management of finances. Particularly, it becomes useful for any person who knows his or her and his/her family’s respective healthcare needs while saving on expenditures on medical necessities.

The discounts and rewards offered on services offered in the Apollo network through this credit card make your spending better. Also, other benefits of this card such as free health checkups, 24/7 helpline, and insurance coverage make it even more valuable.

Altogether, Credit Card is a very beneficial product for customers who are willing to take the maximum out of their health expenditure. The credit card is not only helping to reduce your burden of finance but also providing high-quality healthcare facilities, which is very important for your well-being and that of your family members.

Frequently Asked Questions (FAQ’s)

Que: What is OneApollo membership?

Ans: OneApollo is the largest healthcare program in India under which you can earn health credits and use them to pay for your medical costs. It also offers some exclusive discounts and benefits.

Que: What is the annual fee of this credit card?

Ans: The annual fee of the (SBI) Apollo Credit Card is Rs 499 + GST ​​separately. It will be refunded if you spend Rs 90,000 or more in the previous year.

Que: Is this credit card a good option for shopping?

Ans: Yes, (SBI) Apollo Credit Card is good for shopping as it gives you rewards that can be redeemed later. However, it is best to put your medical costs on this credit card as the benefits will be better.

Que: What is the customer care number for the SBI card?

Ans: SBI credit card customer care numbers are 1860 180 1290 and 1800 180 1290.

Que: How much fuel benefit will I get on this credit card?

Ans: You can avail of a fuel surcharge of 1% on this card, but the discount amount is capped at a maximum of Rs 100 per month. Also, to be eligible for the discount, your fuel purchases should be between Rs 500 and Rs 3,000.

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