Credit cards are sold under the name Tata Cards by Tata Capital Financial Services and State Bank of India (SBI). While SBI Cards’ joint venture partner GE Capital Business Processes Management Services handles Tata Cards’ technological and processing needs, SBI is in charge of customer acquisition, marketing, and risk management.
Currently, Tata Cards offers two different credit card options: Tata Premium Credit Cards and Tata Classic Credit Cards. Let’s take a closer look at each category.
Tata Premium Credit Cards
- Tata Platinum Credit Card
- Tata Croma Platinum Credit Card
- Tata Star Platinum Credit Card
Tata Classic Credit Cards
- Tata Croma Titanium Credit Card
- Tata Titanium Credit Card
- Tata Star Titanium Credit Card
Tata Premium Credit Cards’ Features and Advantages
The premium cards, which have an annual charge of Rs. 2,999, provide a wide range of features and advantages.
Offers e-gift cards from Star Bazaar and other Tata partner stores, such as Yatra.com, Bata, Marks & Spencer, and Westside, as a welcome present to owners of Tata premium credit cards.
One year must pass before becoming eligible for the anniversary gift. The prizes include e-gift cards from Star Bazaar, gift certificates from Taj Hotels, coupons for free drinks and buffet lunches, discounts on weekend getaways, and gift cards from well-known companies like Raymonds and Jabong.
Give of cashback: The Tata Premium credit cards offer cash back on purchases made at partner establishments like Star Bazaar, Tata stores, Croma establishments, and Croma.com. The normal cash back ranges from 2 to 5 percent of the total transaction value.
Rewards: The credit cards give accelerated rewards on purchases made in department and grocery stores, restaurants, and abroad, as well as at Tata partner retailers, in addition to awarding one reward point for every Rs. 100 spent on the cards.
Milestone Bonus: Cardholders who spend between Rs. 3 lakh and Rs. 5 lakh annually will receive e-gift vouchers, free flights, dining offers, discount offers, and gift vouchers from well-known retailers.
Fuel surcharge waiver: Using any of the premium credit cards to pay for fuel exempts cardholders from the extra 1% fuel surcharge that is generally applied to card transactions.
Visits to the premium MasterCard airport lounges in India, at both domestic and international terminals, are complimentary for Tata premium cardholders.
Comparison of Features and Benefits of Tata Premium Credit Cards
| Features and Benefits | Tata Star Platinum Card | Tata Platinum Card | Tata Croma Platinum Card |
|---|---|---|---|
| Welcome Gift | e-gift voucher worth Rs.3,500 from Star Bazaar | e-gift voucher worth Rs.3,000 from any one of the brands including Yatra, Hush Puppies, Bata, Marks & Spencer, and Westside | e- Gift voucher worth Rs.3,000 from any one of the brands including Yatra, Hush Puppies, Bata, Marks & Spencer, and Westside |
| Anniversary Gift | e-gift voucher worth Rs.3,000 from Star Bazaar | Eligible for anniversary gift if the spending in the previous year exceeds Rs.2 lakh | Eligible for anniversary gift if the spending in the previous year exceeds Rs.2 lakh |
| Value Back | 3.5% cash back at Star Bazaar outlets and 5% at select Tata stores | 2% at Croma and cromaretail.com and 5% at Tata outlets | 2% at Croma and cromaretail.com and 5% at Tata outlets |
| Reward Points | 01 reward point on every Rs.100 spent | 01 reward point on every Rs.100 spent | 01 reward point on every Rs.100 spent |
| Accelerated Reward Points | 03 reward points for spending at departmental, grocery stores, dining, and international spends | 03 reward points for spending at departmental, grocery stores, dining, and international spends | 03 reward points for spending at departmental, grocery stores, dining, and international spends |
| Milestone Bonus | For Rs.4 lakh spends, a Star e-voucher worth Rs.3,000 | e-gift voucher worth Rs.3,000 from partner brands on annual spends of Rs.4 lakh | e-gift voucher worth Rs.3,000 from partner brands on annual spends of Rs.4 lakh |
| Fuel surcharge waiver | Use the card to purchase fuel and lubricants worth a minimum of Rs.500 and avail 1% fuel surcharge waiver | Use the card to purchase fuel and lubricants worth a minimum of Rs.500 and avail 1% fuel surcharge waiver | Use the card to purchase fuel and lubricants worth a minimum Rs.500 and avail 1% fuel surcharge waiver |
| Airport Lounge Access | 8 free airport lounge visits per year to Domestic MasterCard Lounges in India | 8 free airport lounge visits per year to Domestic MasterCard Lounges in India | 8 free airport lounge visits per year to Domestic MasterCard Lounges in India |
Besides the above-compared features, Tata Premium Credit Cards also offer:
- The lowest finance charges on the carried-forward outstanding balance are due.
- Acceptable in over 24 million stores worldwide
- Allow cardholders to withdraw money from the more than one million ATMs that accept Visa or MasterCard across the world.
- Allow consumers to pay their utility bills online, such as their electricity, insurance, or phone bills.
- Permit transferring credit card balances to other bank cards at lower interest rates.
- Provide a Flexipay option so that cardholders can pay off their credit card balance in manageable monthly installments.
- Cardholders who are at least 18 years old may apply for an add-on credit card for their immediate family.
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Tata Classic Credit Cards’ Features and Advantages
The Titanium Cards, which have an Rs. 499 initiation charge, provide a vast array of incentives and privileges. These common characteristics are just a few.
A joining incentive of 500 reward points worth Rs. 500 will be given to people who apply for Tata Titanium cards. But only once the cardholder spends Rs. 2,000 or more within 60 days of receiving the card will the reward points be credited. Only the Titanium card and Croma Titanium are eligible for the promotion.
As a welcome present, cardholders will receive promotions and gift cards from Tata partner stores and other businesses.
Give of cashback: The Tata Classic Cards offer cash back on purchases made at participating retailers like Star Bazaar, Tata outlets, Croma shops, and Croma.com. Typically, the cashback ranges from 1.5% to 5% of the total transaction amount.
Spend-based fee reversal, also known as an annual fee waiver, is available to cardholders whose spending over the preceding year totaled Rs. 90,000 or more.
Powerful words: Tata Tata offers incentive points called “Empower Points.” Cardholders can receive accelerated benefits on purchases made at departmental and grocery stores, earning a minimum of one reward point for every Rs. 100 spent on the card.
Saving on fuel costs: By using Tata Titanium cards to pay for fuel purchases, cardholders will avoid incurring an additional fuel surcharge, which is frequently assessed on card transactions at gas stations.
Comparison of Features and Benefits of Tata Classic Credit Cards
| Features and Benefits | Tata Star Titanium Card | Tata Titanium Card | Tata Croma Titanium Card |
|---|---|---|---|
| Joining Benefit | NA | 500 empower points worth Rs.500 on spends of Rs.2,000 or above within 60 days of receiving the card | 500 empower points worth Rs.500 on spends of Rs.2,000 or above within 60 days of receiving the card |
| Welcome Gift | e-gift voucher from Star Bazaar | Gift vouchers from partner outlets and other brands | Gift vouchers from partner outlets and other brands |
| Cash Back offer | 3.5% on spending at Star Bazaar and 5% cash back at select Tata outlets | 1.5% cash back at Croma and cromaretail.com and 5% at Tata partner stores | 1.5% cashback at Croma and cromaretail.com and 5% at Tata partner stores |
| Fee waiver | Spend Rs.90,000 or more in the first year and get a fee waiver for the second year | Spend Rs.90,000 or more in the first year and get a fee waiver for the second year | Spend Rs.90,000 or more in the first year and get a fee waiver for the second year |
| Empower Points | One reward point on every Rs.100 spent on the card | One reward point on every Rs.100 spent on the card | One reward point on every Rs.100 spent on the card |
| Accelerated Empower Points | 3 times more reward points on spending at departmental and grocery stores | 3 times more reward points spent at departmental and grocery stores | 3 times more reward points on spending at departmental and grocery stores |
| Fuel surcharge waiver | Fuel surcharge waiver applicable for fuel purchases worth Rs.500 to Rs.3,000 | Fuel surcharge waiver applicable for fuel purchases worth Rs.500 to Rs.3,000 | Fuel surcharge waiver applicable for fuel purchases worth Rs.500 to Rs.3,000 |
Besides the above-compared features, Tata Classic credit cards offer the following benefits
- Accepted at around 24 million retail locations worldwide, including 3.25 lakh retail locations in India
- enables cardholders to withdraw money from any of the more than one million ATMs that accept Visa or MasterCard situated worldwide.
- Allow consumers to pay their utility bills online, such as their electricity, insurance, or phone bills.
- Gives customers the option to transfer their credit card debt to other bank cards at a cheaper interest rate.
- Provides a Flexipay option so that cardholders can pay off their credit card balance in convenient monthly installments.
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Tata Credit Cards – Fees and Charges
| Fees and Charges | Tata Star Platinum Card | Tata Platinum Card | Tata Croma Platinum Card | Tata Star Titanium Card | Tata Titanium Card | Tata Croma Titanium Card |
|---|---|---|---|---|---|---|
| Annual Fee | Rs.2,999 | Rs.2,999 | Rs.2,999 | Rs.499 | Rs.499 | Rs.499 |
| Renewal Fee | Rs.2,999 | Rs.2,999 | Rs.2,999 | Rs.499 | Rs.499 | Rs.499 |
| Add-on fee | NIL | NIL | NIL | NIL | NIL | NIL |
| Interest-free credit period | 20-50 days for retail purchases | 20-50 days for retail purchases | 20-50 days for retail purchases | 20-50 days for retail purchases | 20-50 days for retail purchases | 20-50 days for retail purchases |
| Finance charges | Up to 3.35%p.m. or 40.2%p.a. | Up to 3.35%p.m. or 40.2%p.a. | Up to 3.35%p.m. or 40.2%p.a. | Up to 3.35%p.m. or 40.2%p.a. | Up to 3.35%p.m. or 40.2%p.a. | Up to 3.35%p.m. or 40.2%p.a. |
| Cash Advance Fees | 2.5% of transaction amount (Min. Rs.300) | 2.5% of transaction amount (Min. Rs.300) | 2.5% of transaction amount (Min. Rs.300) | 2.5% of transaction amount (Min. Rs.300) | 2.5% of transaction amount (Min. Rs.300) | 2.5% of transaction amount (Min. Rs.300) |
| Cash payment fee | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 |
| Cheque pickup | Rs.90 | Rs.90 | Rs.90 | Rs.90 | Rs.90 | Rs.90 |
| Cheque Fee | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 |
| Statement retrieval (per statement) | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 |
| Card replacement | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 | Rs.100 |
How Do I Get a Tata Credit Card?
Through the official Tata Cards website, www.tatacard.com, people can apply online for Tata Credit Cards.
How to apply online for a Tata credit card
- Go to the Tata Cards website.
- Choose “Personal > Credit Cards” from the main menu.
- To view every card on the site, click on “All Cards.”
- Select a credit card of your choosing, then click the “Apply Now” option that appears next to the card.
- You will be taken to the online application page, where you must enter the applicant’s information in the relevant fields.
- Once the fields have been filled out, click “Submit” after checking the confirmation box.
- After the business accepts your application, one of the Tata Card or SBI Cards will contact you with information about issuing the card. The relevant person will notify you of the following steps in the application procedure.
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Applying offline for Tata Cards
As an alternative, anyone who wants to apply for a Tata credit card can pick up an application form at any SBI branch. To start the application procedure for a credit card, complete the application form, attach the necessary papers, and send it to the bank.
The bank will promptly inform you of the most recent development on your credit card application.