Nature’s Basket SBI Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Earn double Reward Points when you spend at Nature's Basket. Earn 5 Reward Points when you spend on movies, dining, entertainment, and international purchases. Receive gift vouchers from Nature's Basket as a Welcome Benefit. Get gift vouchers from top brands like Aldo, Bath & Body Works, and Charles & Keith as milestone benefits. Enjoy complimentary access to Domestic Visa Airport Lounges in India. Receive a 1% fuel surcharge waiver at all fuel stations.

The Nature’s Basket SBI Card is a credit card that comes with a joining fee of Rs. 1,499 plus GST, and a renewal fee of Rs. 1,499 plus GST.

This credit card is best suited for people who love shopping, as it offers great reward points on shopping spends.

One of the highlights of this card is its reward type, which is Reward Points.

Cardholders can earn reward points on their purchases and redeem them for a variety of benefits.

This is a great feature for those who enjoy getting rewards for their shopping.

The welcome benefit of this card is a gift voucher worth Rs. 1,500 from Nature’s Basket.

Additionally, cardholders also get complimentary access to the ‘Epicure’ Nature’s Basket Loyalty Program.

These benefits make the card even more appealing for shopping enthusiasts.

When it comes to earning reward points, this card offers some great deals.

Cardholders can earn 2x reward points on their purchases at Nature’s Basket, which is a fantastic offer for those who frequently shop at the store.

They can also earn 5 reward points on dining and movie-related spends, which is another great advantage for those who enjoy dining out or watching movies.

Apart from these specific categories, cardholders can also earn 5 reward points on their spends on dining, movies, entertainment, and international transactions.

They will earn 1 reward point on every Rs. 100 spent on all other categories.

This wide range of reward points opportunities ensures that cardholders can maximize their benefits across various spending categories.

In terms of travel benefits, this card offers complimentary access to the airport lounges.

Cardholders can enjoy 4 complimentary visits in a year to Domestic Airport Visa Lounges in India.

This is a great perk for those who travel frequently and want to relax in luxury before their flights.

However, it's important to note that this card does not offer any golf or insurance benefits, which may be a downside for some customers.

If you are worried about the renewal fee, don't fret.

The renewal fee of Rs. 1,499 can be waived off if you spend Rs. 2 Lakhs or more in the previous year.

This is a great incentive for those who plan on using their card extensively.

There is a rewards redemption fee of Rs. 99 per redemption request, which is a reasonable amount for the convenience of redeeming your reward points.

When it comes to international transactions, the card charges a foreign currency markup of 3.5%.

This is important to consider if you frequently make purchases in foreign currency.

The interest rate on this card is 3.5% per month or 42% annually.

This is a standard rate for credit cards, so it's advisable to make timely payments to avoid accruing heavy interest charges.

For fuel purchases, this card charges a 1% fuel surcharge at all fuel stations in India.

The surcharge amount is capped at Rs. 100 per statement cycle.

This is a common feature for most credit cards and should be considered when using the card for fuel purchases.

Lastly, for cash advances, there is a fee of 2.5% of the amount or Rs. 500, whichever is higher.

In conclusion, the Nature’s Basket SBI Card is an excellent choice for shopping enthusiasts.

With its reward points system, welcome benefits, and access to airport lounges, it offers great perks for those who frequently shop and travel.

With a reasonable joining and renewal fee, this card is definitely worth considering for people who want to make the most of their shopping experience.