Yatra SBI Credit Card: Should You Apply?

Yatra SBI Credit Card: Should You Apply?

Great Domestic Hotel Discounts Despite Below Average Rewards Rate

Good for

  • Frequent domestic travellers
  • Families

Bad for

  • Individuals looking for a general spending card
  • Frequent travellers
  • Travellers who travel abroad

Editor's Rating

3.5/5.0

The Yatra SBI Card is not the best option for most consumers as it has a very low rewards rate (0.25%; 1 point per Rs. 100, 25% redemption rate for Yatra vouchers) and few benefits. However, it is decent for consumers who travel within India and tend to stay at hotels. For instance, the cardholder is eligible to receive 6 annual discounts of 20% on domestic hotel bookings. Additionally, the card incurs a relatively low annual fee (Rs. 499 per year that can be waived with annual spends of Rs. 100,000. Therefore, while the Yatra SBI credit card is not a great choice for a general use card, it can be advantageous for those that tend to stay at hotels in India.

ProsCons
  • 20% discount on domestic hotel bookings made on Yatra - 6 times per year
  • 1.5% rewards rate for retail, groceries, dining, entertainment and international transaction spending
  • Relatively low-fee of Rs. 499 (waived with annual spends of Rs. 100,000 during the previous year)
  • Low Overall Rewards Rate: 0.25% rewards rate on general spending
Promotions:
  • Sign-Up Bonus: 7 Yatra vouchers totaling ₹ 8,250 (flights, hotels, holiday packages)
  • Anniversary Benefit: ₹ 1,000 off on domestic flight bookings (min. transaction of ₹ 5,000) and ₹ 4,000 off on international flight bookings (min. transaction of ₹ 40,000)
  • 20% off domestic hotels with a min.transaction of ₹ 3,000. Max. discount of ₹ 2,000
Card Overview
Pros:
  • 20% discount on domestic hotel bookings made on Yatra - 6 times per year
  • 1.5% rewards rate for retail, groceries, dining, entertainment and international transaction spending
  • Relatively low-fee of Rs. 499 (waived with annual spends of Rs. 100,000 during the previous year)
Cons:
  • Low Overall Rewards Rate: 0.25% rewards rate on general spending
Promotions:
  • Sign-Up Bonus: 7 Yatra vouchers totaling ₹ 8,250 (flights, hotels, holiday packages)
  • Anniversary Benefit: ₹ 1,000 off on domestic flight bookings (min. transaction of ₹ 5,000) and ₹ 4,000 off on international flight bookings (min. transaction of ₹ 40,000)
  • 20% off domestic hotels with a min.transaction of ₹ 3,000. Max. discount of ₹ 2,000

What Makes The SBI Yatra Card Stand Out?

The Yatra SBI Card is not a great option for most consumers but is a decent card for travellers who prefer to book their domestic hotel stays on the Yatra platform. Cardholders receive a 20% discount on domestic hotel bookings made on Yatra (up to 6 times annually). The card also earns a rewards rate of 1.5% (6 Reward Points per Rs. 100, 25% redemption rate for Yatra vouchers) on retail, groceries, dining, entertainment and international transactions. This rate is not the best for any of these categories.

It is also important to note that the SBI Yatra card charges a relatively low annual fee of Rs. 499, which is waivable through annual spends of Rs. 100,000. Unfortunately, on the other remaining spending categories (including flight bookings) the card earns a below average rate of 0.25% (1 point per Rs. 100), making this a poor card for anyone looking for a competitive general spending or travel rewards card. As a result, this card is primarily useful for a niche group of travellers that tend to book hotels within India.

How Does the Yatra SBI Credit Card’s Rewards Program Work?

The SBI Yatra Card’s reward program is primarily point based. For instance, the card earns 6 points per Rs. 100 spent on retail, groceries, dining, entertainment and international transactions. On general spending, the card earns 1 point per Rs. 100. The redemption rate for the reward points is 1 point = Rs. 0.25.

  • 20% discount on domestic hotel bookings through Yatra (minimum transaction of Rs. 3,000 and maximum discount of Rs. 2,000)
  • 6 points per Rs. 100 spent on retail, groceries, dining, entertainment and international transactions
  • 1 point per Rs. 100 on general spending
  • Reward redemption rate of 1 point = Rs. 0.25
  • No maximum rewards points
  • Points expire after 3 years of accrual

Yatra SBI Credit Card's Features and Benefits:

Card Overview
  • Joining Fee: Rs. 499
  • Annual Fee: Rs. 499
  • Income Requirement: None listed by issuer
  • Age Requirement: None listed by issuer
Rewards Rate Details
  • 20% discount on domestic hotel bookings through Yatra (minimum transaction of Rs. 3,000 and maximum discount of Rs. 2,000)
  • 6 points per Rs. 100 spent on retail, groceries, dining, entertainment and international transactions
  • 1 point per Rs. 100 on general spending
  • Reward redemption rate of 1 point = Rs. 0.25
Benefits & Perks
  • 20% discount on domestic hotel bookings through Yatra
Promotions:
  • Sign-Up Bonus: 7 Yatra vouchers totaling ₹ 8,250 (flights, hotels, holiday packages)
  • Anniversary Benefit: ₹ 1,000 off on domestic flight bookings (min. transaction of ₹ 5,000) and ₹ 4,000 off on international flight bookings (min. transaction of ₹ 40,000)
  • 20% off domestic hotels with a min.transaction of ₹ 3,000. Max. discount of ₹ 2,000

How Does SBI Yatra Credit Card Compare Against Other Cards?

Read our comparisons of the SBI Yatra Credit Card:

Graph showing India’s Best Travel Rewards Cards for Consumers Spending approximately Rs. 47,000 per month

Yatra SBI Card vs. Standard Chartered Yatra Platinum Card

Consider this if you prefer to book your travels on Yatra and like cashback

Age Requirement 21-65
Annual Income Requirement None listed by issuer

The Standard Chartered Yatra Platinum Card is the best option for consumers who favor the Yatra travel bookings platform. The card earns 10% cashback along with a 0.95% rewards rate (4 points per Rs. 100, 1 reward point = 0.53 InterMiles) on all travel bookings made on Yatra. Although the Yatra SBI Card offers 20% off on domestic hotel bookings 6 times a year, these rewards by the Platinum Card are much more attractive. Both cards also have low rewards rates on general spending; however, the Yatra SBI Card earns an elevated 1.5% rewards rate on retail, groceries, dining, entertainment and international transactions. As a result, the SBI Yatra Card can be seen as useful for consumers who tend to make domestic hotel bookings, whereas the SC Platinum Card is a better fit for most frequent travellers.

Yatra SBI Card vs. JetPrivilege HDFC Bank Diners Club Card

Consider this if you are interested in a primary card to also use for travelling rewards

Age Requirement 21-60 (65 if self-employed)
Annual Income Requirement None listed by issuer

The JetPrivilege HDFC Bank Diners Club Credit Card is the top card for consumers who lean towards InterMiles or Etihad when booking their travels. The JetPrivilege Card earns a solid 4.8% rewards rate (16 points per Rs. 150, 1 point = 1 InterMile = Rs. 0.45) for all bookings made on the InterMiles platform. Further, for Etihad Airways bookings, the cardholder earns a great 6.0% rewards rate (20 InterMiles per Rs. 150, 1 point = Rs. 0.45) and up to a 10% discount on tickets. All of these rewards are higher thanthe Yatra SBI Card rates, aside from its 20% discount on domestic hotel bookings. Further, the Yatra Card incurs a much lower annual fee (Rs. 499) compared to the JetPrivilege Card (Rs. 5,000). Therefore, we would recommend the JetPrivilege Card if you are a frequent flyer looking for high rewards on travel spending; however, we would recommend the Yatra Card if you were a domestic traveller that often books hotels.

Yatra SBI Card vs. IRCTC SBI Platinum Card

Consider this if you want IRCTC vouchers as your credit card rewards

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

The IRCTC SBI Platinum Card is the best option in India for railway ticket bookings. The card earns a great 10% cashback on AC1, AC2, AC3, EC and CC tickets booked on the IRCTC website. The Yatra SBI Card does not offer elevated rewards or cashback rates on railway; however, it does offer 20% off on domestic hotel bookings 6 times per year. This is the best rate offered by Yatra and is more valuable for those that rarely use the railway system. In terms of general spending, the IRCTC Card earns a 0.80% rewards rate (1 point for every Rs. 125 spent, 1 point = Rs. 1 IRCTC voucher), a higher rate than the Yatra Card (0.25%). However, the Yatra Card earns an elevated 1.5% rewards rate on retail, groceries, dining, entertainment and international transactions. These rates; however, are still not very competitive when compared to the rest of the market. Therefore, if you are looking for a card to use for railway bookings, then the IRCTC Card is the best option; however, for a card with discounts on domestic hotels we would recommend the Yatra SBI Card.

Sahmi Chowdhury

Sahmi is a Junior Research Analyst specialising in credit cards and insurance in India. He previously worked in the financial services sector at Brown Brothers Harriman and True Capital Management.