In-depth review
Reliance SBI Card
A ₹499 entry co-brand for Reliance shoppers: 10 Reward Points per ₹100 (~2.5%) on AJIO and JioMart, up to ₹2,250 in annual Reliance vouchers, and a fee that reverses at ₹1 lakh. A sensible low-cost pick if you already shop at Reliance — but points are worth just ₹0.25 and redeem only into Reliance vouchers.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹500 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
10 points/₹100 on Online Shopping (~2.5% value)
10 Reward Points per Rs.100 (~2.5%) on AJIO & JioMart online stores. UPI payments on the RuPay variant drop to the base rate of 1 Reward Point per Rs.100 — they still earn, just not the accelerated rate
5 points/₹100 on Groceries (~1.25% value)
5 Reward Points per Rs.100 (~1.25%) at other participating Reliance Retail stores. UPI payments on the RuPay variant drop to the base rate of 1 Reward Point per Rs.100
Annual Fee Waiver
Fee of ₹499 + 18% GST (₹589 all-in)/yr fully waived when you spend ₹1,00,000/year
Milestone Bonus
~₹2,250 in bonus rewards on hitting annual spend milestones
For regular AJIO, JioMart and Reliance Retail shoppers on a budget, and first-time cardholders loyal to the Reliance ecosystem who want a low-fee co-brand without premium extras.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.25. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shoppingonly at AJIO & JioMart | reward points | 2.5%10 pts/₹100 × ₹0.25 | — |
| Groceriesonly at Reliance Retail stores | reward points | 1.25%5 pts/₹100 × ₹0.25 | — |
| Dining | reward points | 1.25%5 pts/₹100 × ₹0.25 | ₹1,250 |
| Other | reward points | 0.25%1 pts/₹100 × ₹0.25 | — |
Online Shopping: 10 Reward Points per Rs.100 (~2.5%) on AJIO & JioMart online stores. UPI payments on the RuPay variant drop to the base rate of 1 Reward Point per Rs.100 — they still earn, just not the accelerated rate · AJIO & JioMart
Groceries: 5 Reward Points per Rs.100 (~1.25%) at other participating Reliance Retail stores. UPI payments on the RuPay variant drop to the base rate of 1 Reward Point per Rs.100 · Reliance Retail stores
Dining: 5 Reward Points per Rs.100 (~1.25%) on dining and movies, capped at 5,000 points a statement cycle, then 1 point per Rs.100. The AJIO/JioMart and Reliance Retail rows are genuinely uncapped
Other: 1 Reward Point per Rs.100 (~0.25%) on other retail purchases; fuel, property rental and wallet loads earn nothing. 1 RP = Rs.0.25
Earns nothing on: Fuel · Wallet Loads · Rent · Government & Tax · EMI Conversions · Cash Advances
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹589 |
| Joining fee (incl. 18% GST) | ₹589 |
| Forex markup | 3.5% |
Perks & benefits
Estimated annual value beyond rewards — ~₹3,450/yr in total.
1% fuel surcharge waiver on transactions between Rs.500 and Rs.3,000; max waiver Rs.100 per statement cycle
Reliance Retail vouchers worth up to Rs.2,250 across annual spend milestones — Rs.500 at Rs.25,000, Rs.750 at Rs.50,000 and Rs.1,000 at Rs.80,000
Spend milestone
- ₹80,000 a year₹2,250 of value
Should you get it?
- Best for: Regular AJIO, JioMart and Reliance Retail shoppers on a budget, First-time cardholders loyal to the Reliance ecosystem, Shoppers who want a low-fee co-brand without premium extras
- Entry tier — great for first-time and lower-spend users.
- Strongest value if you spend heavily on Dining (1.25% back; 2.5% only at AJIO & JioMart).
Pros & cons
✓ Pros
- 10 Reward Points per Rs.100 (~2.5%) on AJIO and JioMart, 5 (~1.25%) at Reliance Retail stores
- Low Rs.499 fee, reversed on Rs.1 lakh of annual spend
- Reliance Retail vouchers worth up to Rs.2,250 a year plus a Rs.500 welcome voucher
- Reasonable entry point into the Reliance rewards ecosystem
✕ Cons
- Reward Points value only Rs.0.25 each and redeem only into Reliance Retail vouchers
- Base rate is a thin 1 RP per Rs.100 (~0.25%); fuel, rent and wallet loads earn nothing
- No lounge access or movie tickets — those sit on the PRIME variant
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Redeem Reward Points against Reliance Retail vouchers at Rs.0.25 per point
- 🎁Welcome and milestone vouchers are usable only at participating Reliance Retail stores
What your SBI Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Capped at 60,000 pts/month from Apr 2026
Vouchers & merchandise
Reward Points are worth only ₹0.25 each and redeem only into Reliance Retail vouchers, and the base rate on general spend is a thin 0.25%.
Frequently asked questions
How does the Reliance SBI Card earn rewards?
What is the fee and can it be waived?
How do I redeem the Reward Points?
Should I get this or the PRIME version?
How has the Reliance SBI Card changed over time?
The bottom line
An honest, cheap loyalty card that does exactly what it says. For a Reliance household it is easy money — ~2.5% on AJIO and JioMart plus up to ₹2,250 in vouchers against a fee the ₹500 welcome mostly covers; for anyone else the ₹0.25 point value and Reliance-only redemption make it a card whose rewards you can't really spend.
How this page was built
Counted from this card’s own record: 4 earn rules, 1 of them capped, 2 paid only at named merchants, the spends listed as earning nothing and 2 recorded perks. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the Reliance SBI Card are taken from SBI Card's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for SBI Card. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
Reliance SBI Card
A ₹499 entry co-brand for Reliance shoppers: 10 Reward Points per ₹100 (~2.5%) on AJIO and JioMart, up to ₹2,250 in annual Reliance vouchers, and a fee that reverses at ₹1 lakh. A sensible low-cost pick if you already shop at Reliance — but points are worth just ₹0.25 and redeem only into Reliance vouchers.
Reliance SBI Card PRIME
A ₹2,999 premium co-brand built for heavy Reliance Retail shoppers: up to 20 Reward Points per ₹100 (~5%) on AJIO and JioMart, Reliance vouchers worth up to ₹8,750 a year, lounge access and a monthly movie ticket. Genuinely rewarding if you live in the Reliance ecosystem — poor value if you don't.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2023 · last change Oct 2025
2025
- ▲ RewardEffective 1 Oct 2025
AJIO & JioMart earn rate doubled
5 RP per ₹100 (~1.25%)→10 RP per ₹100 (~2.5%)
From 1 October 2025 SBI Card doubled the accelerated earn on AJIO and JioMart. The ₹499 Reliance SBI Card went from 5 to 10 Reward Points per ₹100 (~1.25% to ~2.5% at ₹0.25/point) and the PRIME variant from 10 to 20, both excluding UPI payments. This is the card's current headline benefit and reconciles to our live catalogue rate of 10 RP per ₹100.
Verification: SBI Card ↗ · Confidence: High
2023
- ◆ LaunchEffective 31 Oct 2023
Reliance SBI Card launched as SBI Card–Reliance Retail co-brand
On 31 Oct 2023 SBI Card and Reliance Retail rolled out the Reliance SBI Card in two variants — base (₹499) and PRIME (₹2,999) — introduced on the RuPay platform. The ₹499 base earned 5 Reward Points per ₹100 at Reliance Retail stores including AJIO and JioMart, 5 on dining and movies and 1 on other retail (1 RP = ₹0.25), with a ₹500 welcome voucher, spend-milestone Reliance vouchers, a 1% fuel-surcharge waiver and a ₹1 lakh renewal-fee-waiver threshold.
Verification: SBI Card ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/sbi-reliance#value-timeline">Reliance SBI Card value timeline</a>, CardAdvisor (CC BY 4.0).
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