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South Indian Bank
SIB Visa Gold Credit Card
Visa
SIB Visa Gold Credit Card
South Indian Bank's own-brand Visa Gold card, distinct from its SBI co-branded Prime/Platinum/SimplySave products, aimed at everyday retail spenders.
Annual fee
₹500
Joining fee
₹500
Reward type
points
Base reward rate
0.75%
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, fuel. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 0.75% base rate
Benefits by category
- 🛒 Groceries
1% reward rate
- ⛽ Fuel
1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, capped at ₹400/month
- 🌍 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: 21–65
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹75,000
- Foreign currency markup: 3.5%
- Fuel surcharge waiver: 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, capped at ₹400/month
- Cash advance charges: 2.5% of the withdrawn amount or ₹300, whichever is higher
Benefits
- 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000, capped at ₹400/month
Pros
- + Wider Visa acceptance than RuPay-only cards
- + Modest grocery rewards
- + Fuel surcharge waiver
Cons
- − Fee is higher than the bank's own RuPay entry card
- − No lounge access
- − Reward rate is unremarkable relative to national banks