SBM Magnet Credit Card vs Tata Neu Infinity HDFC Bank Credit Card
Joining Fees
₹0
₹1,499
Editor's Rating
4
Key Features
- FD backed credit card helping to build credit score while earning unlimited magnet coins as rewards
- Enjoy a lifetime-free credit card with no renewal fees
- No documents or income verification required. Just a simple application and guaranteed approval
- Welcome Benefit: Receive 5,000 ZET Coins valued at Rs. 500. These coins can be used to purchase vouchers for popular brands like Amazon, Flipkart, and Swiggy
- Save smart with up to 7% interest on your FD - all insured by RBI
- Get 5% Cashback/Rewards on Top Brands like Amazon, Flipkart, Myntra, Domino and more credited as real Cashback that can be directly transferred to your bank account
- 8% Rewards on Flipkart
- 20% Rewards on Myntra
- Up to 15% Rewards on All Major Platforms
- Enjoy up to 20% savings on Swiggy, Zomato, MakeMyTrip, BookMyShow, and many more
- 3 Fast-track your approval process
- RuPay Credit Card- Instantly link to UPI apps
- Enjoy up to 45 days of interest-free credit - pay later with zero interest
- 1% Fuel Surcharge Waiver
- In a year, spend Rs. 3,00,000 or more before the Credit Card renewal date and get the renewal fee waived off
- 5% back as NeuCoins on Non-EMI Spends on Tata Neu and partner Tata Brands
- 1.5% back as NeuCoins on Non-Tata Brand Spends and any Merchant EMI Spends
- 1.5% back as NeuCoins on UPI spends (including spends on partner Tata Brands) - maximum of 500 NeuCoins per calendar month
- Earn additional 5% back as NeuCoins on selected categories on Tata Neu App/Website, post downloading Tata Neu App and registering for Tata NeuPass
- Reward points gained on Grocery transactions will be capped to 2,000 per month
- Zero lost card liability
- Foreign Currency Markup: 2% on all your foreign currency spends
- Domestic Lounge Access – VISA / RuPay Card: 8 Complimentary Domestic Lounge Access per calendar year (2 in a quarter). Rs. 2 (VISA / RuPay) will be charged to the Credit Card for the Lounge Access
- International Lounge Access – VISA Card: By using Priority Pass avail up to 4 Complimentary International Lounge Access per calendar year (1 per Quarter). If exceed the 4 Complimentary (1 per Quarter) visits, you will be charged at US $27 + GST per visit
- International Lounge Access - RuPay: 4 Complimentary International Lounge Access per calendar year (1 per Quarter)
Editor's Review
Pros
- FD backed credit card helping to build credit score while earning unlimited magnet coins as rewards
- Enjoy a lifetime-free credit card with no renewal fees
- Get 5% Cashback/Rewards on Top Brands like Amazon, Flipkart, Myntra, Domino and more credited as real Cashback that can be directly transferred to your bank account
Cons
- No travel benefits
- No golf benefits
- No complimentary domestic or international airport lounge access
Pros
- Accidental air death cover worth Rs. 1 Crore
- Emergency overseas hospitalization: Up to Rs. 15 lakhs
- Lost Card Liability Cover : Up to Rs. 9 lakhs
- Use the NeuCoins for purchases on Tata Neu /Website for Brands like: AirAsia India, Bigbasket, Croma Westside, Tata CLiQ, Tata CLiQ Luxury, Hotel Bookings/Purchases on IHCL, TATA 1MG, Qmin, and Titan and Tanishq (only via Tata Neu)
Cons
- No golf benefits
- Tata Neu coins are valid only for 1 year and can be used only in the Tata Neu app or paying thru the Neu app
