SBI Bank Credit Card

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About

Now with the world at your doorstep because of the e-commerce boom, you can buy most things without leaving the comfort of your home. The new technologically savvy population loves to buy things with the click of the mouse. Applying for a credit card is also as easy as that. The SimplyCLICK SBI Card allows them the opportunity to do so. Look at some features of the SimplyCLICK SBI card.

Features

  • 1 reward point on spending every 100
  • 100 cashback on first ATM cash withdrawal (done within 30 days of card issuance)
  • Annual membership fee reversal from 2nd year onwards on spending 90,000 or more in the previous year
  • 10X reward points on spending per 100 on movies, dining, departmental stores & grocery
  • 1 reward point spending every 100 on all other spends

Features

  • Amazon.in gift card of 500 on joining
  • 10X reward points on online purchase with BookMyShow, Amazon, Cleartrip, Foodpanda, UrbanClap, Lenskart
  • 5X reward points on all other online spends
  • E-voucher of 2,000 on making online spends of 1 Lakh annually

Features

  • E-gift voucher of 5,000, redeemable at Yatra.com, Bata, Hush Puppies, Pantaloons, Marks & Spencer, Shoppers Stop
  • Free movie tickets of 6,000 every year (2 tickets per booking, worth 250 each/ month
  • Up to 50,000 bonus reward points every year
  • 10,000 bonus reward points on spending 3 Lakhs and 4 Lakhs annually
  • 6 complimentary visits to Airport Lounges per year, outside India

About

Apply for the SBI Card Elite and unlock a world of privileges. In addition to enjoying the benefits of Master Card or Visa privileges, you have a host of advantages like Global Acceptance, cash access across the world, and so on. Get your SBI Card Elite today to unveil these benefits. Let us explore them in brief.

About

A credit card is usually an invitation to spend. However, with the SimplySAVE SBI Card, you have can save a lot of money even while you keep spending. It is the most attractive feature of this credit card. We shall explore the fascinating features of the SimplySAVE SBI Card now.

About

Are you looking for an exclusive credit card to make your railway bookings through IRCTC? You need not look further than the IRCTC SBI Platinum card. It enables you to enjoy special privileges such as transaction fee waiver and other reward points.

Features

  • 350 bonus reward points on card activation (for transaction of 500 or above, excluding fuel & cash spends)
  • Up to 10% cashback as reward points on buying AC1, AC2, AC3 & AC CC rail tickets through IRCTC
  • 1 reward point for spending every 125 on non-fuel retail purchases
  • Book railway tickets through IRCTC and save 1.8% transaction charges

About

Move with technology. SBI believes in this maxim as they introduce innovative measures like Contactless Payment and so on. With SBI Card Prime, you get more than what you deserve. These are some of the exciting features of the SBI Card Prime.

Features

  • E-gift voucher of 5,000, redeemable at Yatra.com, Bata, Hush Puppies, Pantaloons, Marks & Spencer, Shoppers Stop
  • 20 reward points on every 100 spent on utility bills
  • 15 reward points on every 100 spent on Reliance Fresh, BigBasket, Reliance Smart, Reliance Trends, Reliance Footprint, Sahakari Bhandar stores
  • 10 reward points on every 100 spent on movies, dining, groceries, departmental stores
  • Pizza Hut e-voucher of 1,000 on spending 50,000 every calendar quarter

About SBI Bank

State Bank of India is India's largest nationalized bank. The bank has played a significant role in establishing the organized banking services sector across the country by way of being a repository to savings and by being growing and leading businesses.

State Bank of India along with its five associate banks has a wide range of network of more than 24,000 branches across the country. The bank offers financial services to both personal and corporate banking segments.

Features

  • SimplyCLICK Offers
    • Cardholders get an instant cashback of 100 on the first movie ticket booked on the BookMyShow Mobile App for the first time.
    • This offer is available up to 30th June 2018.
    • First-time UrbanClap users get an attractive discount of 40% for using the SimplyCLICK SBI Card.
  • Worldwide Acceptance
    • The SimplyCLICK SBI Card has global acceptance in over 24 million outlets worldwide. It includes more than 3,25,000 outlets in India.
  • Add-On Cards
    • Your near and dear ones can get the add-on credit card at no extra cost.
  • Cash on the Go
    • You have the facility to withdraw from over a million Visa and MasterCard ATMs around the world.
  • Utility Bill Payment
    • The Easy Bill Pay facility allows cardholders to pay their telephone, mobile, electricity, and other utility bills with just one click.
  • Balance Transfer on EMI
    • Transfer your other credit card dues to SimplyCLICK SBI card and avail the benefit of repaying in simple instalments at a lower interest rate
  • Easy Money
    • Get a DD or cheque against your cash limit delivered at your doorstep

Fee and Interest Rates

  • APR - 40.2%
  • Annual Fee -
    • 1st Yr: 499
    • 2nd Yr onwards: 499

Fee and Interest Rates

  • APR - 40.2%
  • Annual Fee -
    • 1st Yr: 499
    • 2nd Yr onwards: 499

Fee and Interest Rates

  • APR - 37.20% - 42%
  • Annual Fee -
    • 1st Year - 500
    • 2nd Year onwards - 500

Features

  • MasterCard/Visa Privileges
    • Golf lovers would be pleased to learn that you can avail 4 rounds of complimentary green fees and access to select golf courses across India. Also, you get discounts up to 50% on golf games plus 1 complementary lesson per month.
    • You receive exclusive discounts on dining at specific restaurants.
    • Attractive discounts at select apparel brand stores.
  • Contactless Payments
    • Contactless payments are the future of card payments today. SNI Card Elite is among the first Indian cards to provide this facility. You can wave your card at the merchant terminal and complete your payment without having to swipe the card and enter your PIN. It is the most secure mode of payment as the Visa PayWave feature ensures only one payment even if you wave the card multiple times at the reader.
  • Global Acceptance
    • SBI Card Elite has a wide range of acceptance at over 3,25,000 outlets in India and over 24 million outlets across the globe.
  • Fuel Surcharge Waiver
    • Refuel your vehicle with petrol, diesel, or CNG between 500 and 4000 at any petrol pump across India and get 1% fuel surcharge waiver.
    • You get a maximum surcharge waiver of 250 per statement cycle.
  • Fraud Liability Cover
    • Get free Credit Card fraud liability cover of 1 Lakh
    • It is available from 48 hours before reporting of loss till 7 days after the reporting.
  • Emergency Card Replacement
    • Do not worry if you lose or misplace your card anywhere in the world. When abroad, call the emergency Visa helpline numbers to get a free replacement. In India, dial 39020202 by prefixing your area STD Code or try the toll-free number 18601801290.
  • Add-On cards
    • Your parents, spouse, siblings, and children above 18 years of age are eligible to get add-on cards.
  • Cash Access worldwide
    • Facility to withdraw cash from over 1 million Visa/MasterCard ATMs across the globe
  • Safety
    • The SBI Elite card has got enhanced security features against counterfeiting and skimming.
  • Easy Payment facility
    • Paying your utility bills like electricity, telephone, and so on using the Easy Bill Pay facility on your SBI Elite Card
  • Flexipay
    • Convert your transactions into easy EMI using the Flexipay option.
  • Balance Transfer on EMI
    • Transfer the outstanding amounts from other Credit Cards to SBI Elite using the Balance Transfer on EMI facility and pay back in EMIs
  • Easy Money
    • The Easy Money feature enables you to get a DD or cheque against your cash limit delivered at your doorstep.

Features

  • Reward points - Every 100 you spend on this credit card earns you 1 reward point. The best aspect is that you can use to redeem these points for gifts or pay the outstanding balance on your card account.
  • Welcome Offer - Make your first cash withdrawal within 30 days of receiving your card and get a flat cashback of 100.
  • Worldwide Acceptance - Use SimplySAVE SBI card at over 24 million Visa or MasterCard outlets around the globe including 3,25,000 outlets in India itself.
  • Add-On Cards - Let your family develop the saving habit as well by availing the Add-On card facility. Empower your spouse, parents, children, and siblings with SBI Add-On cards.
  • Cash on the Go - Use this credit card to withdraw money from over a million Visa ATMs all over the world.
  • Utility Bill Payment - Paying your electricity, gas, and telephone bills becomecomfortable with the SimplySAVE SBI Card.
  • Balance Transfer on EMI - Accumulate all your card balances at one place by using the Balance Transfer on EMI facility. You can manage your liabilities better by paying it off in easy instalments.
  • Easy Money - Have a DD or cheque against your available cash limit delivered at your doorstep.

Features

  • Transaction fee waiver ? Get a complete waiver of the transaction charges of 1.8% exclusive of GST when you book your railway tickets through www.irctc.co.in. If you cancel your tickets, you do not get this waiver.
  • Visa Offers - IRCTC SBI Platinum cardholders get a lot of privileges and offers such as dining, travel and golf from Visa.
  • Cash on the Go ? Withdraw money from any of the more than 10,000 SBI ATMs,and 18,000 other Visa ATMs spread all over India. Use the card for withdrawing cash from more than a million Visa ATMs all around the world.
  • SBI Drop Box Locator ? Locate your nearest SBI Drop Box for depositing the payments by typing ?PIN? Your six digit Pin Code and send SMS to 56767.
  • Global Acceptance ? Use your IRCTC SBI Platinum Card at over 29 million Visa outlets worldwide including more than 3,25,000 outlets in India.
  • Add-On Cards - Get free add-on cards for your family and empower them to spend.
  • Easy Bill Pay ? Pay your utility bills is easy using the Easy Bill Pay facility.
  • Balance Transfer on EMI ? Transfer your balances from other credit cards to SBI card and repay in easy instalments
  • Flexipay ? Make any purchase of 2,500 or more and get the benefit of paying it in easy EMIs.
  • Easy Money - Get DD against your cash limit on the card delivered at your doorstep.
  • Railway Ticket Booking ? Book your train tickets on www.irctc.co.in and have it delivered to your doorstep

Fee and Interest Rates

  • APR - 40.2%
  • Annual Fee -
    • 1st Yr: 500
    • 2nd Yr onwards: 300

Features

  • Contactless Advantage ? Make your daily purchases by waving your card at a secure reader. You need not hand over the card at the merchant establishment or enter your PIN.
  • Global advantage ? The SBI Card Prime is acceptable at over 24 million outlets including 3,25,000 in India.
  • Fraud Liability Cover ? Get fraud liability cover of 1 Lakh. The cover is available for a period of 48 hours before reporting the loss up to 7 days post the reporting.
  • Air Accident Insurance ? The SBI Card Prime entitles you to a complimentary air accident liability cover of 50 Lakhs
  • Emergency Card replacement ? Do not worry if you lose your SBI card. You get an emergency replacement at the earliest.
  • Add-On cards ? Get complimentary add-on cards for your near and dear ones
  • Access Cash across the world ? Withdraw money from over 1 million ATMs worldwide
  • Enhanced Security ? Get additional protection against skimming and counterfeiting with the chip and PIN-enabled SBI card Prime.
  • Easy Bill Pay Facility ?It is easy to pay your utility bills with the Easy Bill Pay Facility.
  • Flexipay ? You can opt to split up the payments for purchases more than 2,500. Log onto www.sbicard.com within 30 days of the purchase to avail this offer.
  • Balance Transfer on EMI ? Transfer other card balances to your SBI card and repay in EMIs.

Fee and Interest Rates

  • APR - 40.2%
  • Annual Fee -
    • 1st Yr: 2999
    • 2nd Yr onwards: 2999

About SBI Bank Credit Card

State Bank of India offers a comprehensive range of credit cards. These cards are packed with several benefits, discount offers and deals. The bank offers credit card based on the preference and suitability of the user.

The bank provides different types of cards that are explained below:

Credit-Card Type and Suitability

Annual/Renewal Fee

Welcome Gifts

SBI Elite Card (Luxury)

4,999/-

  • E-voucher worth 5,999/-
  • Free movie tickets worth 6,000/-

 

SBI Card Prime (Reward Earning)

2,999/-

  • E-voucher worth 3,000/- redeemable at selected stores including Pantaloons, Marks & Spencer etc.

Tata Platinum Card

2,999/-

  • E-voucher worth 3,000/- redeemable at selected stores including Pantaloons, Marks & Spencer etc.
  • Special Anniversary gift on spends of minimum 2 Lakhs.

Tata Titanium Card

499/-

  • Empower points worth 500 on the minimum spends of 2,000 and above.
  • 0% fuel surcharges

Simply Click SBI Card

499

  • Amazon gift voucher worth 500

Air India SBI Signature Card

4,999/-

  • Welcome gift of 20,000 reward point
  • Complimentary membership of Air India Frequent Flyer program- Flying Returns

Air India SBI Platinum Card

1,499/-

  • Welcome gift of 5,000 reward point
  • Complimentary membership of Air India Frequent Flyer program- Flying Returns

IRCTC SBI Platinum Card

  • 500/- (1st Year)
  • 300/- (2nd Year Onwards)
  • 350 Activation bonus reward points on the spends of 500 or above
  • 100 cash back on the first ATM withdrawal within 30 days of receiving the card

Yatra SBI Card

499/-

  • Free Yatra vouchers worth 8,250/- (Subject to terms and conditions of the travel partner)
  • Complimentary Air Accident Cover worth 50 Lakhs

Simply SAVE SBI Card

499/-

  • 2,000 bonus points on the spends of 2,000 in first 60 days of paying the annual fee
  • Fuel surcharge waiver on every purchase

SBI Card Unnati

499/-

Annual fee waived off for first 4 years

 

Note:

  • The annual fee charged is subject to change as per the bank's norms.
  • Welcome gifts are subject to change as per the bank's terms and conditions. Likewise, offers are also subject to validity and get refreshed periodically. 

Special Offers

  • Log-in Gift
    • Join the SimplyCLICK SBI Card family and get an Amazon.in gift card worth 500
  • E-Shopping Rewards
    • Spend online with exclusive partners like Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, and UrbanClap to get 10X reward points.
    • On all other online expenditure, you get 5X reward points.
  • Milestone Rewards
    • Spend 1 Lakh and 2Lakhs online and get e-voucher worth 2Lakhs.
  • Complete Fuel Freedom
    • Refuel your vehicle with fuel worth between 500 and 3000 using your Credit Card and get a waiver of the 1% surcharge
  • Annual Fee Reversal
    • Spend 1 Lakh on your SimplyCLICK SBI card and get the yearly fee reversed
  • Contactless Technology
    • Instead of swiping your card, wave the card at a secured reader and make your payment without entering the PIN.

Documentation

  • KYC - Address proof, PAN, ID Proof
  • One passport-sized photograph
  • Salary slip

Documentation

  • KYC - Address proof, PAN, ID Proof
  • One passport-sized photograph
  • Salary Slip

Documentation

  • KYC - Address proof, PAN, ID Proof
  • One passport-sized photograph
  • Salary slip
  • Form 16

Special Offers

  • Spend a minimum of 2,000 within the first 60 days and get a fabulous offer of 2,000 bonus reward points
  • Receive 10 reward points on every 100 you spend on movies, dining, and at departmental and grocery stores. On all other purchases, you receive 1 reward point for spending 100.
  • Spend 90,000 or more annually on your SimplySAVE SBI card and get a reversal of your annual fee
  • Transact for any amount between 500 and 3,000 at any petrol pump in India and get the waiver of paying 1% fuel surcharge

Special Offers

  • Welcome Gift ? Spend 500 on a single transaction on your card within the first 45 days of issuance and get 350 bonus reward points. (Fuel and cash transactions excluded)
  • Value Back Benefits ?Earn 10% value back benefits when you buy train tickets in AC1, AC2, AC3, and AC CC compartments at www.irctc.co.in.
  • Save transaction charges ? Book your train tickets at www.irctc.co.in using this card and avail the benefit of waiver of transaction fees of 1.8%.
  • Fuel Surcharge waiver ? Refuel your vehicle for any amount between 500 and 3,000 to get a waiver of fuel surcharge of 1%.
  • Use your IRCTC SBI Card for withdrawing money from the ATM within the first 30 days and get cashback of 100 for the first withdrawal.

Special Offers

  • Welcome Gift
    • Get a gift voucher worth 5,000 with your SBI Card Elite
    • Redeem this voucher at reputed lifestyle brand stores like Yatra, Marks & Spencer, Pantaloons, Shopper?s Stop, and Hush Puppies/Bata.
  • Complimentary Movie Tickets
    • SBI Card Elite cardholders receive free movie tickets worth 6,000 every year
    • The maximum discount available is 250 per ticket for two tickets.
  • Milestone Rewards
    • Earn 10000 bonus reward points on spending 3Lakhs and 4Lakhs
    • Earn a maximum of 50,000 bonus reward points worth 12,500 every year
  • Elite Rewards
    • Spend on dining, grocery, and departmental stores to get 5X Reward points
    • Earn 2X Reward points per 100 on all other expenditure
  • International Lounge Membership
    • Receive access to more than 1,000 airport lounges all over the world
    • Receive 6 complimentary airport lounge visits outside India
    • Cardholders get complimentary membership to the Priority Pass Program
  • Domestic Lounge Membership
    • Use your SBI card Elite at the respective airport lounge to avail this offer
    • Receive 2 complimentary local airport lounge visits per quarter in India
  • Club Vistara Membership
    • The SBI card Elite users can enjoy complimentary Club Vistara Silver membership
    • For every 100 you spend on Vistara flights, you earn 9 Club Vistara points
    • Avail the benefit of 1 Upgrade voucher and 1 complimentary Lounge access voucher
  • Trident Privilege Membership
    • Get Trident Privilege Red Tier membership and an exclusive 1,000 Welcome points on registration
    • Your first stay at this hotel gives you 1,500 bonus points.
    • You get an additional 1,000 hotel credit if you have an extended night stay
  • Lowest Forex Markup
    • Get the advantage of the lowest Foreign Currency Mark-up charge of 1.99% on international usage
    • Get 2 reward points for every 100 you spend on international transactions
  • Exclusive Concierge Service
    • The SBI Card Elite membership entitles you to get exclusive assistance with gift delivery, customised holiday packages, hotel reservations, and movie tickets

Documentation

  • KYC - Address proof, PAN, ID Proof
  • One passport-sized photograph
  • Salary slip
  • Form 16

Special Offers

  • Welcome Gift ? You receive an e-gift voucher worth 3,000 from specific brands like Bata/Hush Puppies, Marks and Spencer, Yatra.com, Shoppers Stop, and Pantaloons on approval of the credit card.
  • Prime Rewards ? Get 20 Reward points for every 100 you spend on standing instructions for utility payments. Get 15 Reward points for 100 spent on purchases made at prominent retailers like BigBasket, Reliance Smart, Reliance Trends, Reliance Fresh, Reliance footprint, and Sahakari Bhandar, and so on.
  • Milestone Benefits ? Spend 50,000 in a quarter and get Pizza Hut e-Voucher worth 1000. Spend 3Lakhs and receivea waiver of the renewal fee. Spend 5Lakhs to receive an e-gift voucher worth 7000 from Yatra.com/Pantaloons.
  • Trident Privilege Membership ? Get complimentary Trident Privilege Red Tier Membership and 1,000 welcome points on registration. Receive 1,500 bonus points on your first stay and 1000 hotel credit on your extended night stay by using promocode ? SBITH
  • Club Vistara Membership ? Get complimentary Club Vistara Silver membership and complimentary lounge access along with one upgrade voucher. Get 9 Club Vistara points for every 100 you spend on Vistara Flights.
  • Lounge Access ? Get 4 complimentary visits annually to International Priority Pass Lounges outside India and 8 visits in India.
  • Birthday Benefit ?As a special offer, get 20 reward points per 100 spent on your birthday.
  • MasterCard/Visa Privileges ? You get 4 complimentary rounds on Green Peas and up to 50% discount on golf games at selected golf courses across India. Also, you get exclusive benefits across 900 luxury hotels.

Documentation

  • KYC - Address proof, PAN, ID Proof
  • One passport-sized photograph
  • Salary slip

Features and benefits of SBI Credit Cards

SBI offers several features and benefits to the credit card users. Some of the features and benefits are mentioned below:

  • Low Joining Fees: The bank offers credit cards at the very low joining fee. However, the joining fee varies depending on the type of card you are applying for.
  • Attractive welcome gifts: The bank offers attractive welcome gifts and vouchers including discounts on dining, fuel expenses, complimentary movie tickets etc.
  • Easy to apply: One of the striking features of the bank is a card to card focus. In case you have a card from another bank then it enhances your eligibility to apply for SBI credit card. The bank analyses your credit profile based on your existing card.  
  • Balance Transfer: SBI credit card can be used to pay the outstanding bills of an existing card at a low rate of interest. The balance can be easily transferred to SBI from the bank at the lower interest rate.
  • Payback the outstanding balance via EMIs: The transferred outstanding balance from another bank can be paid through EMIs at a low rate of interest.
  • Cash Withdrawal from your SBI credit card: SBI credit card can be used to withdraw cash from ATM. However, the bank charges a fee for the cash withdrawal.

Fee Details and Waivers

  • Fees
    • Annual Fee - One-time fee of 4,999
    • Renewal fee - From the second year onwards, pay 4,999 as renewal fees every year
    • Add-On card facility is available free of cost
  • Charges
    • If there are no overdue payments, you get an extended interest-free period of 20 to 50 days on retail purchases.
    • Cash advance transactions attract an interest rate of up to 3.35% per month (APR 40.2%) from the date of the transaction
    • You can pay the Minimum Amount Due to keep the card live. In case you have availed the EMI facility, the Minimum Amount Due increases by the EMI amount.
  • Cash Advance
    • Cardholders get a cash advance limit up to 80% of the credit limit with the maximum withdrawal limit per day being 15,000
    • It attracts interest @ 3.35% per month from the date of withdrawal.
    • The Cash advance fee payable is 2.5% of the transaction amount with a minimum of 300 if you withdraw from SBI and other ATMs. The fee increases to 3% in case you use the international ATMs.
  • Other Charges
    • Late Payment charges ? maximum of 750
      • For amount due between 0 and 200 ? Nil
      • The due amount between 200 and 500 ? 100
      • Greater than 500 and up to 1,000 ? 400
      • More than 1,000 and up to 10,000 - 500
      • More than 10,000 ? 750
    • Statement Retrieval fee ? 100 for every statement more than 2 months old
    • Payment Dishonour Fee ? 2% subject to a minimum of 450
    • Cheque Pick-up fee ? 100
    • Cheque Fee ? 100 (You can make cheque payments up to 2,000)
    • Over limit fee ? 2.5 of the amount over the limit subject to a minimum of 500
    • Card Replacement fee ? 100
    • Emergency Card Replacement when abroad
    • Forex transactions ? Conversion markup of 1.99%
    • Redemption fee for rewards ? 99
    • Cash payment fee ? 100
    • Surcharges
      • Railway tickets purchased from railway counters ? 30 plus 2.5% of the transaction amount
      • Obtained through irctc.co.in ? 1.8% of the transaction amount plus service charge
      • Petrol and other products/services at petrol pumps ? Waiver of 1% fuel surcharge for a transaction between 500 and 4000. The maximum waiver comes to 250 per statement cycle

Fee Details and Waivers

Fees

  • Pay a one-time annual fee of 499
  • The renewal fee is 499 due every year. You can get a reversal of this fee provided you spend 90,000 or more on your card in the previous year
  • Add-on cards are available free of cost

Extended Credit

  • Pay your bills on time to enjoy 20 to 50 days of interest-free period on your retail purchases
  • Non-payment of the statements by the due date attracts interest @ 3.38% per month (40.2% per annum) from the date of individual transactions
  • You can pay the Minimum Amount Due (5% of the outstanding amount) to keep your card live.

Cash Advance

  • Withdraw up to 80% of your credit limit as a cash advance subject to a maximum of 12,000 per day
  • There is no interest-free period on your cash advance transactions
  • Interest @ 3.35% per month is applicable from day 1 of the withdrawal up to the date of payment

Cash Advance Fee

  • 2.5% of the transaction amount with a minimum of 300 when you withdraw cash at SBI or any other ATMs in the country
  • The cash advance fee goes up to 3% subject to a minimum of 300 when you make international withdrawals

Other Charges

  • Cheque Pick Up charges are 100
  • Minimum payment made by cheque is 2,000. It attracts a cheque fee of 100 per transaction
  • In case of dishonour of your cheque, you have to pay a dishonour fee of 2% subject to a minimum of 450
  • Retrieve your statements more than two months oldby paying 100 as a statement retrieval fee
  • Late Payment charges are as follows
    • Nil - Amount up to 200
    • 100 - Amount greater than 200 up to 500
    • 400 ? Amount more than 500 and up to 1,000
    • 500 - Amounts between 1,000 and 10,000
    • 750 ? Amounts due greater than 10,000
  • Go over your limit andpay an over limit fee of 2.5% with a minimum of 500
  • Card replacement cost within India is 100
  • Pay a conversion markup of 3.5% on your Forex transactions
  • Redeem your rewards by paying a fee of 99
  • Pay your bills in cash and incur a charge of 100

Surcharge

  • Buy your railway tickets at the counters ? 30 plus 2.5% of the transaction amount
  • Purchase through www.irctc.co.in ? 1.8% of the transaction amount plus applicable service charges
  • Fuel surcharge ? 1% surcharge waived for transactions between 500 and 3000. Maximum waiver per statement cycle is 100.

Appropriation of payment

  • The allocation of payments is in the following order
    • Fees
    • Interest charges
    • Balance Transfer outstanding
    • Purchases outstanding
    • Cash Advance

Fee Details and Waivers

Fees

  • Pay a one-time annual fee of 500
  • The renewal fee is 500 due every year.
  • Add-on cards are available free of cost

Extended Credit

  • An interest-free period of 20 to 50 days on your retail purchases alone
  • Finance charges @ 3.38% per month (40.2% per annum) from the date of individual transactions if you do not pay your bills on or before the due date
  • You can pay the Minimum Amount Due (5% of the outstanding amount) to keep your card live.

Cash Advance

  • Withdraw up to 80% of your credit limit subject to a maximum of 12,000 per day.
  • No interest-free period on your cash advance transactions
  • Interest @ 3.35% per month is applicable from the day of the withdrawal up to the date of payment.

Cash Advance Fee

  • 2.5% of the transaction amount (minimum 300) when you withdraw cash at SBI or any other ATMs in India.
  • The cash advance fee goes up to 3% (minimum 300) when you make international withdrawals

Other Charges

  • Cheque Pick Up charges- 100
  • Minimum payment made by cheque is 2,000. It attracts a cheque fee of 100 per transaction
  • Dishonour of your cheque - you have to pay a dishonour fee of 2% subject to a minimum of 450
  • Retrieve your statements more than two months old by paying 100 as a statement retrieval fee
  • Late Payment charges are as follows.
    • Nil - Amount up to 200
    • 100 ? Amount greater than 200 up to 500
    • 400 ? Amount more than 500 and up to 1,000
    • 500 ? Amounts between 1,000 and 10,000
    • 750 ? Amounts due greater than 10,000
  • Over limit charges -Pay an over limit fee of 2.5% with a minimum of 500
  • Card replacement cost within India is 100
  • Card replacement cost abroad - Actual cost subject to a minimum of $175
  • Pay a conversion markup of 3.5% on your Forex transactions

Surcharge waivers

  • Buy your railway tickets at the counters ? Waiver of 30 plus 2.5% of the transaction amount
  • Purchase through www.irctc.co.in ? Waiver of 1.8% of the transaction amount plus applicable service charges
  • Fuel surcharge ? Waiver of 1% surcharge for transactions between 500 and 3000. Maximum waiver per statement cycle is 100.

Appropriation of payment

  • The allocation of payments is in the following order:
    • Fees
    • Interest charges
    • Balance Transfer outstanding
    • Purchases outstanding
    • Cash Advance

Fee Details and Waivers

  • Fees
    • Annual Fee - One-time fee of 4,999
    • Renewal fee - From the second year onwards, pay 4,999 as renewal fees every year
    • There are no fees for availing Add-On card facility
  • Charges
    • If there are no overdue payments, you get an extended interest-free period of 20 to 50 days on retail purchases.
    • Cash advance transactions attract an interest rate of up to 3.35% per month thereby translating into an APR of 40.2% per annum from the date of the transaction
    • You can pay the Minimum Amount Due to keep the card live. In case you have availed the EMI facility, the Minimum Amount Due increases by the EMI amount.
  • Cash Advance
    • Cardholders get a cash advance limit up to 80% of the credit limit with the maximum withdrawal limit per day being 15,000
    • It attracts interest @ 3.35% per month from day 1.
    • The Cash advance fee payable is 2.5% of the transaction amount with a minimum of 300 if you withdraw from SBI and other ATMs. The fee increases to 3% in case you use the international ATMs.
  • Other Charges
    • Late Payment charges ? maximum of 750
      • For amount due between 0 and 200 ? Nil
      • The due amount between 200 and 500 ? 100
      • Greater than 500 and up to 1,000 ? 400
      • More than 1,000 and up to 10,000 - 500
      • More than 10,000 ? 750
    • Statement Retrieval fee ? 100 for every statement more than 2 months old
    • Payment Dishonour Fee ? 2% subject to a minimum of 450
    • Cheque Pick-up fee ? 100
    • Cheque Fee ? 100 (You can make cheque payments up to 2,000)
    • Over limit fee ? 2.5 of the amount over the limit subject to a minimum of 500
    • Card Replacement fee ? 100
    • Emergency Card Replacement when abroad
    • Forex transactions ? Conversion markup of 1.99%
    • Redemption fee for rewards ? 99
    • Cash payment fee ? 100
    • Surcharges
      • Railway tickets purchased from railway counters ? 30 plus 2.5% of the transaction amount
      • Obtained through irctc.co.in ? 1.8% of the transaction amount plus service charge
      • Petrol and other products/services at petrol pumps ? Waiver of 1% fuel surcharge for a transaction between 500 and 4000. The maximum waiver comes to 250 per statement cycle

Fee Details and Waivers

Fees

  • Pay a one-time annual fee of 2,999
  • The renewal fee is 2,999 due every year
  • Add-on cards are available free of cost

Extended Credit

  • Get an interest free period of 20 to 50 days on your retail purchases
  • Finance charges @ 3.35% per month (40.2% per annum) from the date of individual transactions
  • You can pay the Minimum Amount Due (5% of the outstanding amount) to keep your card live.

Cash Advance

  • Cash withdrawal limit - 80% of your credit limit as a cash advance subject to a maximum of 12,000 per day.
  • No interest-free period on your cash advance transactions
  • Interest @ 3.35% per month is applicable from day 1 of the withdrawal up to the date of payment.

Cash Advance Fee

  • 2.5% of the transaction amount with a minimum of 300 when you withdraw cash at SBI or any other ATMs in the country.
  • The cash advance fee goes up to 3% subject to a minimum of 300 when you make international withdrawals.

Other Charges

  • Cheque Pick Up charges are 100
  • Dishonour fee of 2% subject to a minimum of 450
  • Retrieve your statements more than two months old by paying 100 as a statement retrieval fee
  • Cheque Fee ? 100 (Minimum payments 2,000)
  • Late Payment charges are as follows.
    • Nil ? Amount up to 200
    • 100 ? Amount greater than 200 up to 500
    • 400 ? Amount more than 500 and up to 1,000
    • 500 ? Amounts between 1,000 and 10,000
    • 750 ? Amounts due greater than 10,000
  • Go over your limit and pay an over limit fee of 2.5% with a minimum of 500
  • Card replacement cost within India is 100
  • You have to pay the actual cost subject to a minimum of $175 for the facility of card replacement abroad
  • Pay a conversion markup of 3.5% on your Forex transactions
  • Redeem your rewards by paying a fee of 99
  • Pay your bills in cash and incur a charge of 100

Surcharge

  • Buy your railway tickets at the counters ? 30 plus 2.5% of the transaction amount
  • Purchase through www.irctc.co.in ? 1.8% of the transaction amount plus applicable service charges
  • Fuel surcharge ? 1% surcharge waived for transactions between 500 and 3,000. Maximum waiver per statement cycle is 100.

  • Card TypeSBI SimplySAVE Visa & Master Card
  • Joining Fee 499/-
  • Annual Fee
    • 499
    • If last Yr annual spend is 90,000 or above, Renewal Fee is reversed

  • Quick Apply

  • Card TypeSBI Simply CLICK Visa & MasterCard
  • Joining Fee 499/-
  • Annual Fee
    • 499
    • If last Yr annual spend is 1 Lakh or above, Renewal Fee is reversed

  • Quick Apply

  • Card TypeSBI ELITE Visa&Master Card
  • Joining Fee 4,999/-
  • Annual Fee
    • 4,999

  • Quick Apply

  • Card TypeIRCTC SBI Platinum
  • Joining Fee 500 /-
  • Annual Fee
    • 300

  • Quick Apply

  • Card TypeSBI Prime Credit Card
  • Joining Fee 2,999/-
  • Annual Fee
    • 2,999

  • Quick Apply

Eligibility and Documentation

  • Applicant should be 18 years of age
  • Salaried people and self-employed earning 6Lakhs per annum can apply for this card
  • Having a permanent residential Indian address is mandatory
  • You should have a bank account in India
  • Good credit history and repayment record is crucial

Identity Proof

  • Aadhar Card
  • PAN Card
  • Driving License
  • Voter ID card
  • Passport

Address Proof

  • Aadhar Card
  • Driving License
  • Driving License
  • Registered Rent Agreement
  • Ration Card
  • Gas Bill

Income Proof

  • Last Two years IT returns
  • Proof of continuity or employment/business

Eligibility and Documentation

Eligibility

  • All Indian nationals can apply for SimplySAVE SBI Card
  • The minimum age for application is 18 years
  • Minimum income should be 6,00,000 annually
  • Have an account in an Indian or multinational bank in India
  • Have a good repayment record and credit score

Documentation

Identity Proof

  • PAN card
  • Passport
  • Aadhar Card
  • Driving Licence
  • Voter ID

Address proof

  • Aadhar Card
  • Registered Rent Agreement
  • Passport
  • Ration card
  • Driving Licence
  • Other bank credit card statement

Income Proof

  • IT Return for the previous two years

Eligibility and Documentation

Eligibility

  • All Indian nationals eligible to getIRCTC SBI Platinum Card
  • Minimum age ? 18 years
  • Minimum income - 600,000 annually
  • Have an account in an Indian or multinational bank in India
  • Have a good repayment record and credit score

Documentation

Identity Proof

  • PAN card
  • Passport
  • Aadhar Card
  • Driving Licence
  • Voter?s ID

Address proof

  • Aadhar Card
  • Registered Rent Agreement
  • Passport
  • Ration card
  • Driving Licence
  • Other bank credit card statement

Income Proof

  • IT Return for the previous two years

Eligibility and Documentation

  • Any Indian resident having a bank account in an India/multinational bank is eligible to apply for this credit card.
  • Applicant should be 18 years of age
  • Submit proof of permanent residence
  • Salaried and self-employed people are eligible provided they earn a minimum income of 6Lakhs annually.
  • The applicant should have a good credit score and repayment record.
  • You should have a bank account in India
  • Good credit history and repayment record is crucial

Identity Proof

  • Aadhar Card
  • PAN Card
  • Driving License
  • Voter ID card
  • Passport

Address Proof

  • Aadhar Card
  • Driving License
  • Registered Rent Agreement
  • Passport
  • Ration Card
  • Gas Bill

Income Proof

  • IT Returns for the previous two years
  • Proof of continuity of salary/business income

Eligibility and Documentation

Eligibility

  • SBI Card Prime is available for all Indian nationals
  • The minimum age for application ? 18 years
  • Minimum income - 6,00,000 annually
  • Have an account in an Indian or multinational bank in India
  • Have a good repayment record and credit score

Documentation

Identity Proof

  • PAN card
  • Passport
  • Aadhar Card
  • Driving Licence
  • Voter?s ID

Address proof

  • Aadhar Card
  • Passport
  • Registered Rent Agreement
  • Ration card
  • Driving Licence
  • Other bank credit card statement

Income Proof

  • IT Return for the previous two years

Eligibility for SBI Credit Cards

SBI Credit Card can be applied by salaried individuals, self-employed professionals, and businessmen. However, to apply they need to fulfill the eligibility criteria as decided by the bank.

Eligibility Criteria

Salaried Employees/ Self-employed professionals, and businessmen

Monthly Salary or ITR

  • Minimum monthly salary 20,000 (For salaried employees)
  • Annual ITR of 5 Lakh (For Self-employed professionals and business owners)

Credit Score

Good credit score e.g. 700 and above (Subject to the bank's internal credit checking process)

Age

21 years and above

 

However, State Bank of India follows an internal procedure to check the credit score of the applicant. The internal procedure is known as Watch CIBIL Process (WCP) helps the bank in finding out the credit history of the applicant. Based on the credit history and salary details of the applicant the bank decides the credit limit.

 

Apply for a Credit Card

 

 

 

Frequently Asked Questions

1. How do I redeem my reward points?

  • Redeem gift vouchers through www.sbicard.com
  • Redeem against cash by writing to the card issuer at www.sbicard.com or calling the helpline number.

2. How do I make the payment of my credit card bill?

You can use a variety of methods to pay the bills like NEFT, Net banking, electronic bill payment, by debit card, mobile banking, or pay via mobile app, SBI Pay, and YONO.

You can also make offline payments by SBI Auto Debit, cheques, at ABI ATM, and makea payment over the counter.

3. What should be the ideal credit score to be eligible for the SimplyCLICK SBI Card?

Any score over 700 is a good one. However, other factors like your outstanding loan liabilities, your credit history, and income are also responsible for determining your eligibility.

4. Does my cash advance transactions attract interest?

Yes, cash advance transactions attract interest @ 3.35% per month from the day of the withdrawal.

5. How do I apply for this credit card?

As the name suggests, you can apply for this card online. MyMoneyMantra can help you in this through the entire process.

Frequently Asked Questions

1. What are the modes of payment?

Online - NEFT, IMPS, Net banking, Mobile banking, Bill Pay

Offline - ECS mandates, Auto debit to the account, Cheque Payment, Cash Payment

2. Can I get a replacement card if I lose it?

Yes, you have to inform the bank immediately for blocking the card. Do so at www.sbicard.com or phone (STD Code) 39020202 or Toll-free number - 18601801290

You have to pay the requisite card replacement charges as stipulated

3. How much limit do I get on my card?

It depends on your income, credit history, repayment record, and your nature of employment. Banks give smaller limits at the initial stage and increase it depending on your usage pattern and behaviour.

4. When can I expect my SimplySAVE SBI card?

Usually, it takes around 10 to 15 days to process any application. 

5. Do the add-on cards have separate limits?

No, the bank issues these cards on a complimentary basis to use within your limits alone.

Frequently Asked Questions

1. Do I get the waiver if I cancel my train tickets?

No, you lose the benefit of the waiver. There is a reversal of the waived amount to the debit of your account.

2. I need money immediately - Can I withdraw from an ATM?

Yes, you can withdraw up to 80% of your limit as a cash advance subject to payment of cash advance fee and interest @ 3.38% per month from the date of withdrawal up to the date of payment.

3. What do I do in case of identity theft?

Block the card immediately by visiting www.sbicard.com. Alternatively, make a phone call to (STD Code) 39020202 or 18601801290 to block your card. Request for a new card and the bank delivers it to you at your doorstep.

4. Is there any waiver of annual fee?

No, there is no waiver of your annual fee in the IRCTC SBI Platinum Card

5. Do I have to pay GST on bank charges?

Yes, GST is applicable @ 18% on all bank charges w.e.f. 01.07.2017.

Frequently Asked Questions

1. How do they calculate the interest on my credit card?

You get an interest-free period of about 20 to 50 days. Make the payment on or before the due date and save interest. You have the option to pay the Minimum Amount Due. Under such circumstances, every expense outstanding on the credit card attracts interest at the rate of 3.39% per month from the date of the transaction up to the day of payment.

2. How do I redeem my reward points?

Visit www.sbicards.com and click on Rewards and then, Redeem Rewards. Browse through the catalogue and choose your item. Click on Redeem and confirm the transaction. You get your items between 15 and 30 days. If you opt for e-vouchers, you get them within 3 to 10 working days.

You can also make offline payments by SBI Auto Debit, cheques, at ABI ATM, and make a payment over the counter.

3. Can I make the credit card payment online?

Yes, you can use SBI Net banking and Mobile banking to pay your bills online. You can also do so by sending NEFT or IMPS from other bank accounts. You can also make offline payments by cheque, cash and by using the auto debit facility.

4. Can I use the card abroad to get foreign currency?

Yes, you can use your ATM card worldwide and get foreign currency.

Frequently Asked Questions

1. How long does it take for the issuance of a credit card?

You can apply for your SBI card online and get instant online approval. The bank sends its representative to your house to collect your KYC documents. Depending on your credentials, it can take between 7 and 15 days for the issuance of the credit card.

2. How much limit can I get?

Your limit depends on your income, credit history, and repayment record. Banks approve a small limit initially before enhancing it based on your usage and repayment patterns.

3. How can I make the repayment?

You can make online and offline payments. The popular online payment methods are NEFT, IMPS, Net Banking, and Mobile Banking. The offline methods are ECS, auto debit, and cash payment across the counters.

4. What is the interest rate on your credit card?

You get an interest-free period of 20 to 50 days. If you do not make the payment of the entire amount, you have to pay interest @ 3.35 per month on the outstanding amount until the date of payment.

5. Are there separate limits for add-on cardholders?

No, there are no separate limits for add-on cardholders.

Documents Required for SBI Credit Card

 The following documents are required for applying for SBI Credit Cards:

 Document Type

Salaried Employees

Self-employed Professionals and Business Men

Income Proof

Salary slips of last 2 months

Annual ITR of current year

Email Address and identity proof

  • Identity card (For government officials)
  • Official Email Address (For non-government officials)

Email Address

Address Proof

Any one of the following:

  • Aadhar Card
  • PAN Card
  • Passport

Any one of the following:

  • Aadhar Card
  • PAN Card
  • Passport

Photograph

1 Photograph

1 Photograph

Terms and Conditions

  • Bank does not accept outstation cheques for payment
  • Interest, fees, and other charges are subject to payment of taxes
  • Continued use of the card confirms the acceptance of all terms and amendments
  • Refer to the terms and conditions at www.sbicard.com

Terms and Conditions

  • Cheques payable outside clearing zones are not acceptable
  • Payment should be through local cheques or drafts payable in Delhi only
  • GST @ 18% is applicable on each of the above services

Types of SBI Bank Credit Card Details

 

SBI Card Elite and SBI Card Elite Advantage

Privileges of these cards:

  • Welcome e-voucher of 5,000 redeemable at specific stores.
  • Complimentary movie tickets for 6,000.
  • Earn bonus points up to 50,000 worth 12,500/- yearly and 15,000 bonus. points on achieving annual spends of up to 8 Lakhs.
  • Domestic and international lounge access program including 6 complimentary international airport lounge access (subject to 2 visits per quarter) and 2 complimentary domestic airport lounge access in each quarter.            
  • Memberships of elite clubs as in Club Vistara membership and Trident Privilege Membership.
  • Special discounts on dining and selected apparel brands.
  • Complimentary credit card fraud liability cover of 1 Lakh.
  • Special assistance for gift delivery, customised holiday packages, travel, movie and hotel reservations.

 

SBI Card Prime and SBI Card Prime Advantage

Privileges of these cards:

  • Welcome e-voucher of 3,000.
  • Prime rewards on utility bill payments (20 reward points on every 100 spent).
  • Earn bonus points up to 50,000 worth 12,500/- Yearly.
  • Domestic and international lounge program.
  • Memberships of elite clubs.
  • Special discounts on dining and selected apparel brands.
  • Complimentary credit card fraud liability cover of 1 Lakh.
  • Extra birthday benefits.

 

Tata Platinum Card

Privileges of this card:

  • Welcome gift voucher of 3,000 from popular brands such as Westside, Yatra etc.
  • Earn reward points on departmental stores, dining, grocery and international spends.
  • Up to 2% value back on the spends at Croma stores.
  • Up to 5% value back on the spends at Tata outlets.
  • Earn 3X points at department and grocery stores, dining and international spends.
  • Bonus reward points on the annual spends of 5 Lakhs.

 

IRCTC SBI Platinum Card

Privileges of this card:

  • Up to 10% value back as reward points on the purchase of tickets via irctc.co (AC1, AC2, AC3 and AC CC tickets).
  • Savings up to 1.8% on transaction charges on railway ticket bookings.
  • Waiver of 1% fuel surcharge across all petrol pumps on transactions up to 3,500/-.
  • Special offers on travel, golfing, dining and other entertainment options from VISA.
  • Add on cards for the children, spouse above the age of 18 years and parents of the applicant.
  • Facility for a balance transfer of the outstanding amount from another bank to SBI to avail low rate of interest.

 

Tata Titanium Card

Privileges of this card:

  • Earn reward points on departmental stores, dining, grocery and international spends.
  • Up to 1.5% value back on the spends at Croma stores.
  • Up to 5% value back on the spends at Tata outlets.
  • 3X points on selected grocery and departmental stores.
  • Empower points on spends of 2,000 in first 2 months.
  • Waiver of annual fee on spends of 90,000 and above in a year.

 

Simply Click SBI Card

Privileges of this card:

  • 10X rewards points on online spend with the selected partners including Amazon, BookMy Show etc.
  • Waiver of annual fee on the spends of 1 lakh in a year.
  • 5X reward points on all online spends.
  • Waiver of 1% fuel surcharge for each transaction up to 3,000/-.
  • Instant cash back of 100 on the booking of first movie ticket via Book My Show app.

 

Simply Save SBI Card

Privileges of this card:

  • 10X reward points on every spend of 100 on dining, groceries and movie expenses.
  • Waiver of 1% fuel surcharge on each transaction up to 3,000/- applicable to all petrol pumps.
  • Annual fee reversal from 2nd year (On spend of 90,000 during the previous year).

 

The other cards are mentioned below:

  • Central SBI Select Card
  • STYLEUP Contactless Card
  • Capital First SBI Card
  • SimplySAVE Advantage SBI Card
  • Fbb SBI STYLEUP Card
  • Air India SBI Platinum Card
  • Chennai Metro SBI Card
  • Mumbai Metro SBI Card
  • IRCTC SBI Platinum Card
  • Yatra SBI Card
  • Karnataka Bank SBI Platinum Credit Card
  • Karnataka Bank SBI SimplySAVE Card
  • South Indian Bank SBI Platinum Credit Card
  • South Indian Bank Simply Save SBI Card
  • LVB SBI Platinum Credit Card
  • LVB SBI SimplySAVE Card
  • Federal Bank SBI Platinum Credit Card
  • Federal Bank SBI Credit Card
  • KVB SBI Signature Card
  • Karur Vysya Bank - SBI Platinum Credit Card
  • Karur Vysya Bank - SBI Card
  • Oriental Bank of Commerce - SBI Platinum Credit Card
  • Oriental Bank of Commerce - SBI Card
  • Bank of Maharashtra - SBI Platinum Credit Card
  • Bank Of Maharashtra - SBI Card
  • SBI Card Unnati

 

IFSC Code

SBI BANK IFSC CODE