The limit assigned to each credit card holder is at the discretion of the bank. A maximum of Rs. 5000 may be paid in a single transaction using the contactless method. Contactless transactions don't need a PIN. All customers are subject to this limit, so setting up a limit for each customer is not possible. A contact transaction (Dip or Swipe) and inputting the PIN are required for any transaction that is worth more than Rs. 5000. For transactions under Rs. 5,000, you can also decide to complete a contact transaction (Dip or Swipe) with a PIN.
Using the “Easy Money” facility, a minimum of Rs. 5,000 and a maximum of 75% of the credit limit assigned can be availed.
SBI Pulse credit card offers various benefits joining like –
- Welcome gift – Smartwatch worth Rs. 5,999
- Health benefits – Complementary health club and Netmeds membership
- Reward points – Attractive reward points on swiping each time
- Milestone benefits – Waiver of annual fee
- Insurance Cover – Avail of Fraud insurance liability cover worth Rs. 1 lakh and air accident cover worth Rs. 50 lakhs
- Lounge benefits – Complimentary domestic lounge visits
The joining and renewal fee for the card is Rs. 1,499 + taxes. The renewal fee is waived on spending more than Rs. 2 lakhs in the previous year. There is no add-on fee on the card. This card is perfect for fitness and travel enthusiasts. It offers great reward redemption options that can be availed on various brands.