SBI Card and Google Pay launch co-branded Google Pay Flex SBI Card

SBI Card and Google announced the launch of the Google Pay Flex SBI Card as part of the Flex by Google Pay offering. The co-branded credit card integrates with the Google Pay app, allowing customers to apply for the card, make payments, earn rewards, and manage their account digitally.

The contactless card is available on both the RuPay and Visa payment networks. The RuPay variant can be linked to UPI, while both variants support tokenisation on Google Pay for tap-to-pay transactions.

The card enables customers to earn reward points, called Stars, on eligible spending across categories such as groceries, bill payments, travel bookings, utility payments, shopping, and other everyday purchases. Customers can earn up to 18,000 Stars annually, with rewards of up to 8 Stars for every cumulative ₹500 spent, depending on monthly spending milestones. Stars can be redeemed instantly during eligible UPI payments through the Google Pay app or against vouchers, with 1 Star equivalent to ₹1.

The card also offers the option to convert the latest outstanding credit card bill into EMIs.

Salila Pande, Managing Director & Chief Executive Officer, SBI Card, said, "The launch of the Google Pay Flex SBI Card reflects our focus on expanding digital payment options for customers. By combining SBI Card's credit card capabilities with Google Pay's digital platform, we aim to offer a payment solution that integrates rewards, flexible repayment options, and digital account management."

Sharath Bulusu, Senior Director, Google Pay, said, "The Google Pay Flex SBI Card expands the range of credit options available through Google Pay. Available on both the RuPay and Visa payment networks, the card offers digital onboarding, reward benefits, and flexible repayment options within the Google Pay ecosystem."

• Base rewards of 1 Star for every cumulative ₹500 spent on eligible transactions.

• Activation benefit of 2 Stars for every ₹500 spent during the first two reward cycles.

• Accelerated rewards of 2 Stars for every ₹500 spent on eligible transactions, subject to the programme terms.

• Up to 4 Stars for every cumulative ₹500 spent after crossing ₹15,000 in eligible monthly spends.

• Up to 8 Stars for every cumulative ₹500 spent after crossing ₹30,000 in eligible monthly spends.

• ₹500 credited after the first payment made through Google Pay.

• Additional Stars worth ₹500 credited after payment of the joining fee.

The joining and annual renewal fee is ₹499 plus applicable taxes. The annual renewal fee is waived on achieving annual spends of ₹1,00,000.