
The joining fee and annual fee of the Tata Neu Plus SBI Credit Card are Rs 499 plus GST.
The credit card holder will receive 499 NeuCoins as the first year’s annual fee. These NeuCoins will be credited to the NeuPass account. The annual fee will be reversed upon achieving spends of Rs 100,000 in the previous year.
The cardholder will get accelerated NeuCoins on certain spending. According to the press release, the credit card will offer 2% of the spend as NeuCoins on non-EMI spending on Tata Neu and partner Tata Brands. Further, the credit card will offer 1% of the spend as NeuCoins on non-Tata and UPI spending.
The accelerated rewards points are available on these partner brands: Air India & Air India Express, Big Basket, Tata CLIQ, Taj Hotels, Tata 1 MG, Titan and Tanishq, Croma, Westside, Qmin.
The credit card also offers a 1% fuel surcharge waiver with a maximum waiver of Rs.250 in a statement cycle.