●
Rewards customers on
big or small spends, while simplifying everyday transactions by offering a
unified digital payments experience
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Avail instant
rewards, flexible payment options, and seamless account management through the
Google Pay app
New Delhi: SBI Card, India’s largest pure-play credit card issuer and Google,
jointly
announced the launch of ‘Google Pay Flex SBI Card’ as
part of the Flex by Google Pay offering. The
Google Pay Flex SBI Card is designed to simplify
and elevate the everyday payment experience, delivering a convenient blend of rewards, flexibility, and security. This partnership brings
together SBI Card’s trusted credit card expertise and Google Pay’s digital
ecosystem to deliver a simple yet enhanced payments experience.
The Google
Pay Flex SBI Card turns everyday spending into rewarding experiences by
enabling customers to earn Stars on all value purchases, with instant
redemption at the time of payment, offering customers immediate value on
spends. Customers can earn up to 18,000 Stars as reward points yearly on
everyday spends, while earning up to 8 Stars for every cumulative ₹500 spent. The credit card
enables customers to earn reward points across a wide range of categories
including groceries, bill payments, travel bookings, utility payments,
shopping, and more, across online and in-store outlets. To offer financial flexibility, customers also have the option to
convert their latest outstanding bill into convenient EMI’s.
Designed to
simplify everyday payment experience, the credit card offers customers an
integrated digital journey, enabling them to conveniently apply for the card,
make payments, earn rewards, and manage their account within the Google Pay
app.
The
contactless credit card is available on the RuPay and VISA payment networks,
offering cardholders the choice to select their preferred payment network. The
RuPay variant can be linked to UPI, enabling seamless transactions across
millions of UPI merchants nationwide. Both
variants can be tokenised on Google Pay for the convenience of
tap-to-pay at millions of merchant outlets.
Salila Pande, Managing Director & Chief Executive
Officer, SBI Card, said, “At SBI Card, our focus is on creating best-in-class products that
make transactions simpler, seamless, and more relevant for our customers.
Launch of the Google Pay Flex SBI Card is a significant step in that direction.
By combining convenience, meaningful rewards, flexibility, and security, the distinctive
card will redefine everyday payment experience in India. As India’s digital
payment ecosystem continues to evolve, we remain committed to building more
such innovative and customer-centric products that create long-term value.”
Sharath Bulusu, Senior Director, Google Pay, said “We are helping re-imagine credit for India with the Google Pay
Flex SBI Card, to make it as ubiquitous and accessible as daily UPI payments.
Available on both the RuPay and VISA payment networks, this digital credit card
democratizes financial access, delivering instant application, flexible
repayments, and instant rewards to empower millions with greater control over
their daily finances.”
Google
Pay Flex SBI Card Key Highlights:
The Google Pay Flex SBI Card
offers a range of value-added benefits designed to enhance the customer
experience. Cardholders receive a welcome gift worth ₹1000. Customers can also
accelerate their rewards by earning up to 4 Stars for every ₹500 spent upon reaching ₹15,000 spends during the current
billing cycle and avail up to 8 Stars for every ₹500 spent on achieving spends of
over ₹30,000 in
the current billing cycle. The joining and annual renewal fee of the card is ₹499 plus applicable taxes. The
co-branded card also offers a spend-based renewal fee reversal on achieving
annual spends of ₹1,00,000.
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Welcome Benefit: ●
Welcome gift worth ₹500 will be credited on
first payment via Google Pay ●
Additional Stars worth ₹500, on joining fee payment
will be credited to Google Pay account Reward Benefits: ●
Activation Benefit: Earn 2
Stars for every ₹500 spent cumulatively on eligible transactions, during the
first two reward cycles ●
Accelerated Program: Earn 2
Stars for every ₹500 spent cumulatively on eligible transactions, provided the
minimum eligible amount spent is ₹100 in the previous statement cycle ●
Base Program: Cardholders shall
earn 1 Star for every ₹500 spent cumulatively on eligible transaction categories using
this credit card Milestone Benefits: ●
Avail up to 4 Stars for every
cumulative ₹500 spent on
achieving spends of more than ₹15,000 in the current billing cycle ●
Avail up to 8 Stars for every
cumulative ₹500 spent on
achieving spends of more than ₹30,000 in the current billing cycle Spend Based Reversal: ●
The joining and annual
renewal fee of the card is ₹499 plus applicable taxes ●
Reversal of renewal fee on
achieving spends of ₹1,00,000 in the previous year
Pay with Reward Points (Stars): ●
Redeem Stars instantly while
making UPI payments using the Google Pay Flex SBI Card on Google Pay App to
earn instant credit, or against an array of exclusive vouchers on the Google
Pay App. ●
1 Star = ₹1 Pay in EMI: ●
Convert the latest
outstanding bill into easy EMI’s |