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Benefites of SBI Credit Card Total Benefits...
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Issued by Kotak Mahindra Bank, the Veer Select Credit Card is an exclusive card for the officials of the Indian armed forces. It is a special card to honour the brave guardians of our nation. This credit card enables them to manage their essential purchases while earning rewards and avail of several other exciting benefits. It comes with a zero joining fee and renewal fee of Rs. 599 that can be waived off on the basis of the total annual spends of the cardholders. As a welcome benefit, cardholders get access to complimentary IHO membership worth Rs. 8,500 on spending Rs. 500 in the first 30 days. Along with this, the cardholders get multiple other benefits such as a 1% fuel surcharge waiver, 1.8% railway surcharge waiver, and complimentary access to domestic airport lounges every year. With a really good reward rate, this card enables the armed force official to earn benefits on their daily expenditures so that their experience of shopping, dining and purchasing essentials is enhanced. Read below to know more about this card.
New Features
On spending Rs. 1,00,000 on retail purchases, the annual fee for the next year is waived.
3.5% per month (42% annually)
Nil
NA
1% fuel surcharge waiver across all petrol pumps (capped at Rs. 3500 annually)
3.5%
Rs. 300 per withdrawal of Rs. 10,000.
NA
Complimentary access to domestic airport lounges
NA
3 Reward Points on every spend of Rs. 200, and 3x Reward Points on movies, dining, and departmental stores.
NA
Insurance cover worth Rs. 2.5 lakhs against unauthorized transactions on a lost/stolen card
Redeem points against a host of categories such as Movies, Mobile Recharges, and e-vouchers. 1 Kotak Reward Point = Re. 0.25.
2 complimentary domestic airport lounge access every quarter
Zero liability protection against a lost/stolen card is provided to the cardholder if the loss is reported to the bank immediately.
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