Eternal SBI Card launches: 10% off Zomato, District and Bistro, capped at ₹2,000 a month
SBI Card and Eternal (Zomato's parent) have launched the Eternal SBI Card on Mastercard and RuPay. It gives instant discounts on Zomato, Blinkit, District and Bistro, 5% cashback on four partner apps, and 1% elsewhere, with monthly caps on each. Invitations to apply roll out in phases from 22 October 2026.
The Zomato card we flagged at the end of September is now official. SBI Card and Eternal Limited (the company formerly called Zomato) announced the Eternal SBI Card on 15 October 2026. You cannot simply apply yet: early access is requested inside the Zomato, Blinkit and District apps, and invitations to apply go out in phases from 22 October 2026.
The headline rates are generous. The caps are what decide whether the card is worth a slot in your wallet.
The card at a glance
Business Today, The Week and Live From A Lounge agree on every figure below.
| Feature | Detail |
|---|---|
| Networks | Mastercard and RuPay |
| Joining and annual fee | ₹499 |
| Annual fee waiver | ₹2 lakh spend in the preceding year |
| Welcome benefit | 6-month Zomato Gold membership |
| Zomato, District, Bistro | 10% instant discount |
| Blinkit electronics and beauty | 10% instant discount |
| Other eligible Blinkit purchases | 5% instant discount |
| Combined cap on the four Eternal apps | ₹2,000 a month |
| District movies | Buy one get one each month, second ticket discount up to ₹200 |
| Uber, ixigo, Urban Company, Apollo 24/7 | 5% cashback, up to ₹1,000 a month |
| Everything else eligible | 1% cashback, up to ₹500 a month |
| Fuel surcharge waiver | 1%, up to ₹200 per statement cycle |
Cashback is credited as a statement credit. Business Today lists tobacco, infant food and precious-metal jewellery as Blinkit exclusions from the instant discount. For the 1% base cashback, Live From A Lounge and CardInsider list exclusions that include fuel, wallet loads, rent, insurance, utilities, education, gaming and EMI transactions.
What the caps mean in practice
- The ₹2,000 Eternal cap is shared across Zomato, Blinkit, District and Bistro. At 10%, you hit it at about ₹20,000 of monthly food and quick-commerce spend; anything above that earns no instant discount.
- The 5% partner cashback tops out at ₹1,000, which you reach at ₹20,000 a month across Uber, ixigo, Urban Company and Apollo 24/7.
- The 1% base rate tops out at ₹500, so it stops paying after ₹50,000 of other monthly spend. This is not a card for everything; it is a card for the Eternal apps.
- The fee waiver needs about ₹16,700 a month on average. Heavy Zomato and Blinkit users will clear it without trying.
One thing we could not confirm on more than one source: Live From A Lounge reports a 3.5% forex markup, which no other outlet we read states. Assume this is not a travel card until SBI Card publishes the full terms.
Who should want it
If Zomato, Blinkit and District together take ₹10,000 to ₹20,000 of your month, this card returns more on that spend than most general cashback cards, and the fee is easy to waive. If your food delivery spend is lighter, or you already hold a card that pays well on food delivery, the ₹500 cap on everything else makes it a weak second card.
Not sure where a single-merchant card fits next to what you already carry? Tell Polo Match how you spend and it will show which card should pay for what.
Sources
Every claim on this page is backed by a primary or reputable source.
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