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SBI Tata Neu Infinity & Tata Neu Plus Credit Card Launched - TechnoFino Review

SBI and Tata Neu have launched two new co-branded credit cards today: the SBI Tata Neu Infinity Credit Card and the SBI Tata Neu Plus Credit Card.

Now, here’s the catch—we already have two Tata Neu co-branded credit cards with HDFC Bank, and these newly launched SBI cards seem to be just copy-paste versions of those. Seriously, if you compare the SBI Tata Neu cards with the HDFC Tata Neu cards side by side, you can hardly spot a difference—they're that identical!

Let’s get into the details and benefits of the SBI Tata Neu Infinity Credit Card first:

SBI Tata Neu Infinity Credit Card


Fees:
  • Joining Fee: ₹1,499 + GST
  • Annual Fee: ₹1,499 + GST
  • Annual Fees Waiver Condition: Spend ₹3,00,000 or more in a year, before your Credit Card renewal date and get your renewal fee waived off.
Welcome Benefit:
  • 1,499 NeuCoins (1 NeuCoin = ₹1) credited to the cardholder’s Tata NeuPass account after the joining fee is paid.

Main Benefits:

  • 8 complimentary domestic airport lounge accesses per year
    (2 per quarter; applicable only if ₹75,000 is spent in the previous quarter)
  • Complimentary Priority Pass membership worth $99
  • 4 complimentary international airport lounge accesses per year (outside India)
    (1 per quarter, via Priority Pass)
  • 1% fuel surcharge waiver across all petrol pumps in India
    (Valid on transactions from ₹500 to ₹4,000; max waiver of ₹500 per statement cycle)
  • Foreign Currency Mark-up: 1.99% on international transactions

Reward System:

  • 5% value back as NeuCoins on Tata Neu App/Website and partner Tata brand spends
  • Extra 5% value back as NeuCoins on select categories on Tata Neu App/Website
  • 1.5% value back as NeuCoins on all other spends, including UPI transactions
  • 1 NeuCoin = ₹1

Exclusion Categories – No NeuCoins Will Be Earned On:

  • Fuel spends
  • Wallet loads
  • Rental payments
  • Gift/prepaid card loads or voucher purchases
  • Cash advances
  • Payment of outstanding balances
  • Payment of card fees and other charges
  • EMI transactions
  • Government-related transactions
  • Education payments

NeuCoin Earning Cap per Month (on Specific Categories):

  • Grocery: 2,000 NeuCoins
  • Insurance: 2,000 NeuCoins
  • Utility transactions: 2,000 NeuCoins
  • Telecom and cable: 2,000 NeuCoins
  • UPI spends (for RuPay variant): 500 NeuCoins

SBI Tata Neu Plus Credit Card


Fees:
  • Joining Fee: ₹499 + GST
  • Annual Fee: ₹499 + GST
  • Annual Fees Waiver Condition: Spend ₹1,00,000 or more in a year, before your Credit Card renewal date and get your renewal fee waived off.

Welcome Benefit:
  • 499 NeuCoins (1 NeuCoin = ₹1) credited to the cardholder’s Tata NeuPass account after the joining fee is paid.

Main Benefits:

  • 4 complimentary domestic airport lounge accesses per year
    (1 per quarter; applicable only if ₹50,000 is spent in the previous quarter)
  • 1% fuel surcharge waiver across all petrol pumps in India
    (Valid on transactions from ₹500 to ₹4,000; max waiver of ₹250 per statement cycle)

Reward System:

  • 2% value back as NeuCoins on Tata Neu App/Website and partner Tata brand spends
  • Extra 5% value back as NeuCoins on select categories on Tata Neu App/Website
  • 1% value back as NeuCoins on all other spends, including UPI transactions
  • 1 NeuCoin = ₹1

Exclusion Categories – No NeuCoins Will Be Earned On:

  • Fuel spends
  • Wallet loads
  • Rental payments
  • Gift/prepaid card loads or voucher purchases
  • Cash advances
  • Payment of outstanding balances
  • Payment of card fees and other charges
  • EMI transactions
  • Government-related transactions
  • Education payments

NeuCoin Earning Cap per Month (on Specific Categories):

  • Grocery: 1,000 NeuCoins
  • Insurance: 2,000 NeuCoins
  • Utility transactions: 2,000 NeuCoins
  • Telecom and cable: 2,000 NeuCoins
  • UPI spends (for RuPay variant): 500 NeuCoins

As I said earlier, these two credit cards are an exact copy of the HDFC Bank Tata Neu co-branded credit cards. So, if you already have an HDFC Tata Neu Card, you really don’t need these SBI versions.

Now, let’s talk about one major issue with SBI Cards. They give you discounts during sales (like Amazon Great Indian Festival, Flipkart Big Billion Days, etc.) and also offer reward points—which is completely normal and pretty much every bank does this in India.
But here's the problem—SBI Card deducts reward points from your credit card rewards account months after the actual transaction. And if you don’t have enough reward points in your account when they do this, they simply charge you money against the missing reward points!
We’ve filed multiple complaints with SBI Card, but honestly, they don't seem to care or even listen to their customers. At the very least, SBI should either not credit reward points initially if a discount is applied or deduct them within a reasonable time frame—say, within 30 days.
But nope, SBI Card continues doing this. This is one of the biggest reasons I always warn people—either avoid using SBI Cards during big sales or be prepared to get hit with extra charges months later.

Anyway, these two newly launched Tata Neu SBI Cards are decent on paper, but if you’re really looking for a Tata Neu co-branded credit card, go with the HDFC Bank ones. SBI Cards should be your last option—at least until they fix this long-pending issue with discounts and reward point reversals.
 
The opposite happened with me, ICICI 4.2L(previous highest), they matched that with 4.62L(current highest)
yep i told them on 31st march that match my limit with my icici 3L or kiwi 2.85L. they dont matched then i closed it.
but 1 weired thing happend i got mail or sms also that my indus card closed but today they send me the bill statement with
rs 0 pending dont know why ?
 
HDFC bank needs to clarify regarding the fate of existing Tata neu card holders. Thousands of customers got Tata neu card LTF during the new year offer. They must clarify:-
- whether the existing Tata neu cards will be continued under HDFC until the expiry date or will it be discontinued after 1 year?
- If discontinued whether HDFC will offer another card to existing customers with same limit( like how RBL bank did after discontinuing Zomato cobranded card)--> if so will Tata neu card holders be offered another cobranded card or a core card like millenia ( although this seems like a bleak possibility) ?

I have asked CC in email. Lets see whats their reply.
 
HDFC bank needs to clarify regarding the fate of existing Tata neu card holders. Thousands of customers got Tata neu card LTF during the new year offer. They must clarify:-
- whether the existing Tata neu cards will be continued under HDFC until the expiry date or will it be discontinued after 1 year?
- If discontinued whether HDFC will offer another card to existing customers with same limit( like how RBL bank did after discontinuing Zomato cobranded card)--> if so will Tata neu card holders be offered another cobranded card or a core card like millenia ( although this seems like a bleak possibility) ?

I have asked CC in email. Lets see whats their reply.
What's d reason to think that hdfc will discontinue neu cards???
 
Same thought

90% of SBI TN applications will get rejected due to Over-leverage.

No news as of now.

90% chance SBI will not issue you the 3rd card. Either they will reject or ask you to upgrade one of your existing cards.
buddy i have 3 sbi cards 😛

started my credit card journey with sbi simplysave with 80k limit in 2018, 3 years ache se use kiya uss fuddu card ko.. ek bar uske reward points se pressure cooker bhi mangvaya thaa 🤣fir lounge access ki need aayi..then upgraded from simplysave to sbi prime with 2.12L limit.. domestic and international lounge dil khol ke use kiyee.. limit increase hokar 2.8L hogayi thi, feb 2024 mein socha.. koi badiya sa card lena chaiyee.. went for HDFC RG 😛and applied Sbi cashback also, kutto ne limit dii thi 20k 😕, customer care ko dhamkaya...ki card activate nahi karuga.. then prime se 1L limit transfer kardi thi.. sbi prime ko downgrade karvaya to simplyclick limit is 1.82Luse karta nahi iss card ko abb main, recently Jan mein pre approved offer aaya for SBI bpcl woh bhi leliya...

abb soch raha hu..iss sbi simplyclick with 1.82 L limit ka kya karu main!!
 
What's d reason to think that hdfc will discontinue neu cards???
It doesnt make sense for Tata neu to remain in partnership with both HDFC and SBI cards simultaneously. It will be a big loss to HDFC bank if that happens. As u might know that in a cobranded card, it is the bank who first pays the brand yearly contract fees for gaining the brand's customer base. In Tata neu's case HDFC bank had to pay yearly fees to Tata neu to gain customers who shop regularly on Tata neu. In return HDFC earns money through MDR fees every time a person uses the card. If SBI cards come into the picture they might eat up half of the customer base that HDFC intends to acquire. Definitely this arrangement was taking a hit on HDFC bank's PnL report thats y they might stop their partnership with Tata neu. HDFC might have realized that not many people were enthusiastic about Tata neu cards as there r still many issues with the Tata neu app and Bigbasket is not available in many locations. Tata neu must have also realized that many people who were actually interested in getting Tata neu card were either rejected by HDFC bank( thanks to their strange application process) or those people were deliberately not taking Tata neu card before taking Core Card from HDFC (again thanks to HDFC's stupid core card vs cobranded card issues). SBI is the 2nd largest cc issuer after HDFC and it doesnt have those core vs cobranded card shenanigans. So naturally SBI card was the next bet for Tata neu.
 
buddy i have 3 sbi cards 😛

started my credit card journey with sbi simplysave with 80k limit in 2018, 3 years ache se use kiya uss fuddu card ko.. ek bar uske reward points se pressure cooker bhi mangvaya thaa 🤣fir lounge access ki need aayi..then upgraded from simplysave to sbi prime with 2.12L limit.. domestic and international lounge dil khol ke use kiyee.. limit increase hokar 2.8L hogayi thi, feb 2024 mein socha.. koi badiya sa card lena chaiyee.. went for HDFC RG 😛and applied Sbi cashback also, kutto ne limit dii thi 20k 😕, customer care ko dhamkaya...ki card activate nahi karuga.. then prime se 1L limit transfer kardi thi.. sbi prime ko downgrade karvaya to simplyclick limit is 1.82Luse karta nahi iss card ko abb main, recently Jan mein pre approved offer aaya for SBI bpcl woh bhi leliya...

abb soch raha hu..iss sbi simplyclick with 1.82 L limit ka kya karu main!!
sab limit transfer karke close
 
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