Synopsis: The Tata Neu range of cards is targeted at individuals who frequently shop across various Tata brands, offering incentives such as NeuCoins that can be used on grocery items, travel packages, electronic items, fashion wear, healthcare, and hotels.
One of the most exciting co-branded credit cards in this category is the SBI Tata Neu Plus SBI Card and Tata Neu Infinity SBI Card, both of which result from a collaboration between 2 companies, which happens to be one of the biggest credit card companies in India, and the Tata Neu ecosystem created by Tata Digital.
- Tata Neu Plus SBI Card – This is an introductory level card that caters to frequent customers and Tata brand enthusiasts looking for good returns by paying minimum charges.
- Tata Neu Infinity SBI Card – This is the elite version that targets higher spenders requiring full returns on their expenditures and travel benefits.
Both these cards operate on the VISA and RuPay platform and are accepted across several million merchants worldwide through the RuPay network.
Tata Neu Plus Credit Card
The Tata Neu Plus SBI Card is an ideal entry point into the NeuCoins ecosystem, offering meaningful value at a price that even first-time credit card users can justify. Here’s what makes it stand out:
- Joining Benefit: Earn a welcome benefit of 499 NeuCoins (worth ₹499) on joining, thus getting back your joining fees within the first month itself.
- 2% back as NeuCoins on spendings through the Tata Neu App/Website and from all Tata partner brands.
- Additional 5% back as NeuCoins on spends in selected categories via the Tata Neu App/Website, making your potential value-back 7% on spends made from certain categories of Tata Neu products.
- 1% back as NeuCoins on all other spends except spends from the categories above, along with UPI spends (RuPay card version only).
- 1 NeuCoin is equal to ₹1 saving which can be redeemed across the Tata Neu eco-system, such as from Air India, BigBasket, Croma, Titan, Tanishq, Westside, Tata 1mg, Tata Cliq, Taj Hotels, and others.
- 4 complimentary airport lounge visits for domestic flights per annum (once every quarter) based on spending ₹50,000 in the previous quarter.
- 1% reduction in fuel surcharges for transactions between ₹500 and ₹4,000 (capped off at ₹250 per statement cycle).
- Availability of add-on cards for your spouse, parents, siblings, and children older than 18 years of age.
Also Read: 4 Best Shopping Credit Cards with Maximum Cashback Benefits on Every Spend
USP of Tata Neu Plus SBI Card
The main advantage offered by this card is that of ease of accessibility along with high earnings capacity. Whereas most co-branded credit cards offer accelerated rewards for spending in only a couple of partner brands, the Tata Neu Plus card offers higher-than-normal returns for transactions involving over ten different partner brands. These range from grocery stores to fashion stores to electronic goods stores to jewelry and health care services to travel and dining services.
To apply for the card, please visit the Official Website
Tata Neu Infinity SBI Card
This card is designed to be for those customers who aim at maximizing their gains within the Tata ecosystem while enjoying top-quality travel amenities. The card has a much higher reward rate, additional lounge visits, and also international travel features such as:
- Joining Reward: 1,499 NeuCoins (equivalent to ₹1,499) when paying the joining fee, which fully compensates for the annual joining fee.
- 5% Value Back in NeuCoins on transactions using the Tata Neu App/Web portal and on selected Tata brand products/services.
- Additional 5% Value Back in NeuCoins on selected category transactions done through the Tata Neu App/Web portal – thus giving you up to 10% total value back on select Tata Neu transactions.
- 1.5% Value Back in NeuCoins on all other eligible transactions, including payments through UPI transactions (RuPay version only).
- 8 Complimentary Domestic Airport Lounges per year (2 per quarter), available once you have made spendings of ₹75,000 in the previous quarter.
- 4 Complimentary International Airport Lounges per year (1 per quarter) through Priority Pass – with no requirement of spending to avail of international lounges.
- Lower Foreign Exchange Markup Fee on international spends – at a fee of just 1.99% compared to the normal rate of 3.5%.
- Waiving of 1% fuel surcharge for transactions in the range of ₹400 to ₹5,000 with a limit of ₹500 per month.
- An Add-on Card is available for select family members.
USP of Tata Neu Infinity SBI Credit Card
The primary USP of the Infinity credit card is the high-value back on spending done through selected Tata Neu transactions. It offers a maximum reward rate of 10% that can be considered amongst the top in the market amongst the co-branded credit cards. This card includes the provision of lounge access at both domestic and international airports, a lower foreign exchange markup of 1.99%, and rewards of 1.5% on general transactions and UPI payments.
To apply for the card, please visit the Official Website
TATA NEU Plus vs TATA NEU Infinity
Conclusion
The Tata Neu Plus SBI Card as well as the Tata Neu Infinity SBI Card represent some excellent co-branded cards for those loyal to Tata ecosystems. Nevertheless, selecting which is better depends on each user’s particular situation in terms of spending, earning potential, and personal preferences. In case you are a cost-efficient person who does not make regular visits to any particular Tata store but still likes occasional purchases and does not want to pay a high annual fee, go with the Tata Neu Plus SBI Card. This card presents itself as a good entry-level alternative with affordable fees that provide an easy way to earn free card possession.
In case you are a heavy spender who makes regular visits to various Tata stores and even travels overseas from time to time, then the Tata Neu Infinity SBI Card will definitely be more appealing to you. Its high annual fee is well justified with the impressive return of up to 10% value for Tata Neu spends. The ideal credit card would be one that suits your personal style rather than having to adapt your life to suit the needs of the card. Regardless of which one you go for, keep in mind that the actual worth of the credit card would only come out when you use it responsibly. The key is to pay your dues in full to save yourself from interest charges.
Written by Shrikara
