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Bank of Maharashtra

Bank of Maharashtra SBI Gold Credit Card

Visa

Bank of Maharashtra SBI Gold Credit Card

The entry-level card in Bank of Maharashtra's SBI Card co-brand lineup, sitting below the SimplySave, Prime and Elite variants. It's a basic rewards card aimed at first-time cardholders banking with Bank of Maharashtra.

Annual fee

₹499

Joining fee

₹499

Reward type

points

Base reward rate

1%

Card network

Visa

Card tier

Entry

Who this card fits

Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in groceries. Its annual fee waives if you can comfortably clear the spend threshold.

Rewards & benefits

  • Rewards rate: 1% base rate

Benefits by category

  • 🛒 Groceries

    2.5% reward rate

  • 🌍 Forex / international spend

    3.5% forex markup on international transactions

Eligibility

  • Minimum credit score: 700
  • Minimum monthly income: ₹15,000
  • Employment: salaried, self-employed
  • Age: 2160

Fees & charges

  • Spend-based waiver: Waived on annual spend of ₹1,00,000
  • Foreign currency markup: 3.5%

Benefits

  • Bonus reward points on early spend within the first 60 days.
  • 10X reward points on grocery and departmental store spends.

Pros

  • + Accelerated rewards on grocery and departmental spends
  • + Annual fee waiver on moderate spend
  • + Welcome bonus on early spend

Cons

  • Must apply through a Bank of Maharashtra branch, not online
  • No lounge access at this tier
  • Outclassed by the bank's own Prime/Elite cards for travel
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