INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official sbicard.com (SBI Cards and Payment Services Ltd.) Most Important Terms and Conditions (MITC).

🏛️State Bank of India (SBI Card)Network: VisaSalaried & Everyday CardsLast Verified: 2026-09-28

Apollo SBI Card

अपोलो एसबीआई कार्ड

Healthcare credit card offering OneApollo Gold membership, 3X points on Apollo Hospitals & Pharmacy, and 1:1 redemption as Apollo Health Credits.

Annual Fee₹499 + GST (Renewal: ₹499 + GST)

Reward Rate3X Reward Points (3 points per ₹100 spent) on all Apollo services (Apollo Hospitals, Apollo Pharmacy, Apollo 24|7 app). 2X Reward Points per ₹100 on Dining, Movies, and Entertainment. 1 Reward Point per ₹100 on Beauty & Wellness. 1 Reward Point per ₹200 on other retail.

Airport LoungeNo complimentary airport lounge access.

Forex Markup3.50% + GST.

What Is This Card

Apollo SBI Card is a specialized healthcare co-branded credit card created for families, senior citizens, and patients with recurring prescription medicine, diagnostic testing, and healthcare expenses at Apollo Hospitals and Apollo Pharmacy. It provides complimentary OneApollo Gold membership and 1:1 Health Credits redemption.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹499 + GST (Renewal: ₹499 + GST)

Fee Waiver: Spend ₹1,00,000 or more in the preceding membership year to get the annual renewal fee of ₹499 reversed.

🎁Welcome Benefit

500 bonus Reward Points (worth ₹500) upon payment of joining fee + complimentary OneApollo Gold Tier Membership.

⚡Reward Points Structure

3X Reward Points (3 points per ₹100 spent) on all Apollo services (Apollo Hospitals, Apollo Pharmacy, Apollo 24|7 app). 2X Reward Points per ₹100 on Dining, Movies, and Entertainment. 1 Reward Point per ₹100 on Beauty & Wellness. 1 Reward Point per ₹200 on other retail.

Redemption Value: 1 Reward Point = ₹1.00 when redeemed as Apollo Health Credits for medicine purchases, diagnostic lab tests, or hospital consultations (1:1 redemption ratio).

🛫Airport & Railway Lounge Access

No complimentary airport lounge access.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Standard fraud liability cover up to credit limit under zero lost card liability.

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹3,000 at all petrol pumps in India (maximum ₹100 per billing cycle).

🎯Milestone Spends & Grace Period

Milestones: Annual renewal fee waiver of ₹499 upon achieving annual retail spends of ₹1,00,000.

Interest-Free Period: 20 to 50 days.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

General retail purchases earn a modest 1 point per ₹200 (0.50% value back). 1:1 redemption is locked into the Apollo healthcare ecosystem; catalog or cash redemption yields standard lower valuations. No airport lounge access.

Forex Markup Fee3.50% + GST.

Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 3.50% per month.

Finance Charges (Interest)Up to 3.50% per month (42.00% per annum).

Late Payment SlabsNil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.

Reward Points ExpiryReward points expire 24 months from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, utility payments, wallet reload, and government services.

Eligibility Criteria

Salaried corporate employees and self-employed professionals aged 21 to 70 years.

Age Requirement21 to 70 Years

Minimum Income₹2,40,000 per annum (Salaried) / ₹3,60,000 per annum (Self-Employed ITR)

CIBIL Score NoteRecommended CIBIL score of 700+.

SBI RelationshipNot mandatory.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit sbicard.com/apply or open the YONO SBI app and select Apollo SBI Card.

2Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score).

3Fill online application form with personal, residence, and occupational details (takes 5–10 minutes).

4Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof).

5Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants).

6Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.

Branch Application for Offline Applicants

Available at any SBI branch or Apollo Hospital patient billing helpdesks.

Visit Official Card Page (sbicard.com)Download Official MITC (PDF)

Documents Required

1. PAN Card

2. Aadhaar Card

3. Recent salary slip or ITR copy.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on Apollo SBI Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.. In addition, revolving finance charges at Up to 3.50% per month (42.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on Apollo SBI Card into EMI?

Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on Apollo SBI Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 1 Reward Point = ₹1.00 when redeemed as Apollo Health Credits for medicine purchases, diagnostic lab tests, or hospital consultations (1:1 redemption ratio). Please note: Reward points expire 24 months from the date of accrual.

What is the interest-free grace period on Apollo SBI Card and how does it work?

The interest-free period on Apollo SBI Card is 20 to 50 days.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Up to 3.50% per month (42.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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