Cab aggregator Ola launched its co-brand credit card Ola Money SBI Credit Card on May 15, 2019. Ola introduced this card in partnership with SBI Cards, one of India’s largest credit card issuers.
SBI Ola Credit Card is a multipurpose credit card and powered by Visa. In this post, I will discuss the features and benefits of Ola SBI Credit Card. Also, take a look at how to apply for it.
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Ola Money SBI Credit Card
The card has been designed keeping in mind the needs and aspirations of the new generation. It is best suited for the people who are new to credit cards and use Ola cabs regularly.
It will also benefit users from the highest cash-back and rewards. The cash-back and rewards can be redeemed against Ola rides, flight, and hotel bookings, with lifetime validity.
Ola Money SBI Card comes with a zero joining fee and the renewal fee of Rs.499 per annum.
Ola SBI Credit Card – Features & Benefits
With this card get used to extraordinary such as unmatched rewards, the seamless application process, and easy in-app management.
Application Process
1. 2-minute in-app application process.
2. You get instant approval and a credit limit.
Applicable Fee
You can avail this without any joining fees.
1. Zero annual fee for the 1st year (No joining fee).
2. Second year renewal fee of Rs.499 waived off on spends of Rs.1 lakh.
3. Add-on fee, per annum – Nil
Early Bird Offer
Welcome Offers worth Rs.10,000+ No first year annual fee as early bird offer.
1. Cashback as OlaMoney.
2. Rs.300 flight voucher.
3. 1+1 on food and drinks.
Amazing Travel Awards
Travel smart and earn cashback on all your spending.
1. 7% cashback on all Ola rides. Reward points will be credited to your Ola Money wallet.
2. 5% cashback on all flight bookings via Cleartrip. The maximum cashback of Rs 5,000 for domestic and Rs 10,000 for international flight booking.
3. Cashback of 20% on all domestic hotel bookings via Cleartrip.
4. Cashback of 6% on all international hotel booking via Cleartrip.
5. 12% cashback on Activity booking via Cleartrip.
6. Cashback of 20% on Drinks & Buffet across 10k+ restaurants via Dineout.
7. 1% fuel surcharge waiver at fuel stations across the country. Maximum Rs.100 per statement cycle, per account.
8. 1% cashback on all other spends.
Please note that the cashback has no expiry date. The cashback will be credited to your OlaMoney wallet within 3 days. You can use the cashback received on Ola, Cleartrip, and 1500+ other merchants.
Exclusive Offers
You will get access to amazing rewards & offers from over 300+ brands.
In-App Management
1. You will get alerts and never miss to pay your bill.
2. You can see your running bill so that the monthly statement is never a surprise for you.
3. There is in-app support to resolve your queries.
How to Apply for Ola Money Credit Card?
You can apply online for Ola SBI Credit Card. Ola has a landing page to apply for Ola SBI Card online.
Click here to express your interest.
It is a very short form. Here you need to enter your phone number, PAN number, and email Id. Once you submit these details they will check your eligibility for it. If you are eligible they will offer you a card accordingly. Note that this will not impact your credit score.
Ola users can apply, view, and manage it directly on the Ola app with a few taps.
For more information, click here.
Final Thoughts on Ola SBI Credit Card Review
You can avail Ola Money SBI Credit Card without any joining fees. It is a multipurpose card with a lot of cashback offers. Looking at the cashback offers, it is a good beginner card. It is worth holding one for the people who use Ola regularly. If interested then you can apply by clicking on the above link.
Note: This post was originally published on May 18, 2019 and has been completely updated for accuracy and comprehensiveness.
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