SBI Unnati Credit Card

SBI Unnati Credit Card is a Zero Fee Credit Card by SBI's Card division. This no-cost SBI Credit Card is indeed a user's delight as there is no annual charge for the first four years. Besides, the use of Unnati Card earns you easily redeemable reward points and cashback offers. The eligibility, as well as the application process, is also quite hassle-free and swift.

Let's review and explore the features, benefits, advantages, disadvantages and application process of SBI Unnati Credit Card.

Features of SBI Unnati Credit Card

Zero Fee Card for all SBI account holders

Whether you have an SBI Account or SBI Fixed Deposit, you are preapproved for SBI Unnati Credit Card. SBI Unnati Card comes as a free Credit Card for all account holders including accounts under Pradhan Mantri Jhan Dhan Yojana.

Free for four Years

SBI Unnanti Card is absolutely free for the first four years of Card's life. There is no annual charge or renewal fee for your card for the first four years. Thus there is no additional cost attached with this zero fee card.

Secured Credit Card

SBI Unnati Card is issued as a secured Credit Card. With a fixed deposit of 25,000 or more, you become eligible for SBI Unnati Card.

Worldwide Acceptance

SBI Unnati Card is a one-of-its-kind free Credit Card that can be used globally in over 24 million outlets. The card can be used in 3,25,000 outlets in India.

Contactless Advantage

Contactless Advantage and thus you can use your card simply by waving at a secure reader. The transactions are faster, safer as well as more convenient. You need not hand over your card physically, and thus the transactions through SBI Contactless Credit Cards are more secure.

Benefits of SBI Unnati Credit Card

Rewards Program:

Earn 1 Reward Point for every 100 spent on your card. The Reward Points earned can be easily redeemed against a wide array of gifts listed in the SBI Rewards Catalogue.

Annual 500 Gift Voucher:

With your SBI Unnati Card, you earn a cashback of 500 on achieving an annual milestone of 50,000 or more spends in a year. In other words, your Unnati Card becomes absolute free for lifetime with this cashback offer as from the fifth year onwards only an annual charge of 499 is levied.

Saving on Fuel Refill:

With your SBI Unnati Card, you get a waiver of 1% fuel surcharge on each fuel refill all across the country. To avail the offer, each transaction must be between 500 to 3000, exclusive of applicable GST & taxes.

Add-on Cards:

You can apply for a free Add-On Credit Card with SBI Unnati Card. The Add On Card can be requested for any of your family members above the age of 18.

Cash on the Go:

With your SBI Credit Card, you enjoy the ease of withdrawing money on the go. You can access over 1 million Visa or MasterCard ATMs across the globe.

Utility Bill Payment Facility:

With your SBI Unnati Card, you can set standing instruction to pay your utility bills such as electricity bill, telephone bill, mobile bill/recharge, insurance premium and more.

Balance Transfer on EMI:

SBI Unnati Card is also packed with BT on EMI facility. It facilitates you to transfer your other banks' cards to Unnati Card at a lower interest rate, fixed at easy instalments. You can conveniently request for the facility by logging online on your SBI Credit Card Account.

Flexipay:

Your SBI Unnati Card also offers Flexipay facility wherein you can easily convert your transactions into easy monthly instalments. You can convert purchases worth 2,500 or more within 30 days under Flexipay. This can also be requested online.

Easy Money:

With your SBI Unnati Card you can use Easy Money facility, and request advance against your cash limit. The draft or cheque will be delivered to your doorstep. Thus you need not apply for small Personal Loan, rather simply opt for Easy Money.

Eligibility for SBI Unnati Card

To apply for SBI Unnati Card, you need to fulfil the following requirements:

  1. You must be an Indian Citizen.
  2. You should be at least 21 Years of age.
  3. You should be an existing SBI account holder, with at least 25000 deposited.

How to Apply for SBI Unnati Credit Card?

It is completely hassle-free to apply for SBI Unnati Credit Card. All you need to do is either request for the same online on SBI website or by visiting the nearest bank branch.

Alternatively, call MyMoneyMantra Toll free number 1800 103 4004 or mail us contactus@mymoneymantra.com

You can also fill the Credit Card Application form on our website. Your request would be processed without any hassle in the fastest possible time. A Credit Card associate would call you and assist you till you get the card delivered at your home. There is no charge for availing personalised Credit Card services. You can also compare various other cards before applying on MyMoneyMantra website.

Fees and Charges

Joining Fee

NIL

Annual Fee (First 4 years)

NIL

Annual Fee (First 4 years)

499

Add-on Fee (per annum)

NIL

Finance charges

Up to 2.50% per month~ 30.0% per annum
*calculated from the day of transaction/withdrawal

Cash withdrawal from SBI ATMs or other ATMs

2.5% of the amount, a minimum of 300

Cash withdrawal from International ATMs

3% of the amount, a minimum of 300

Cheque pick up

100

Cheque Fee (up to 10,000)

100

Payment Dishonor fee

2% of the amount, a minimum of 450

Statement retrieval (two or more months old)

100 per statement

Overlimit

2.5% of over limit, a minimum of 500

Card replacement

100

Emergency card replacement, (abroad)

Actual cost, minimum of $175

Foreign currency conversion mark up

3.5%

Dynamic Currency Conversion markup Fee

3.50%

Rewards redemption fee

99

Priority Pass Lounge Charges

Within India: $27 per visit + applicable taxes.
Outside India: $27 per visit + applicable taxes.
**Charges applicable post exhaustion of complimentary visits. All guests accompanied by the SBI Cardholder with Priority Pass will also be charged with a usage fee of $27 per visit + applicable taxes.

Cash Payment fee

100

Surcharge on booking railway tickets through counter

30 + 2.5% of transaction

 

Surcharge on booking Railway tickets through irctc.co.in

1.8% of transaction + applicable taxes

 

Late Payment Charge

Total Due

Late Payment Charge

0 - 200

NIL

200 to 500

100

500 to 1000

400

1000 to 10,000

600

10,000 to 25,000

800

Amount greater than 25,000

950

Other things to know about your SBI Unnati Card

When you pay your card dues on time:

If you repay your monthly card balance on time, you build a good credit history and improve your credit score. A good score makes you eligible for other credit products, and lenders see you as a less risky profile for repayment. Besides you also enjoy interest-free credit period of 20 to 50 days on each of retail purchases.

Minimum due

You get a facility to rollover your card balance to next month by paying off minimum due amount. Minimum amount due is calculated basis following formula:

5% of Total outstanding balance on the card (Minimum of 200 + all applicable taxes ) + EMI ( if any) + OVL amount (if any)

Cash advance limit:

Your Credit Card comes packed with a facility to advance cash up to 80% of the limit approved. The maximum limit is 12,000 per day. The interest is levied from day one of advance. There is no free credit period.

Order of payment settlement

In case of any dispute regarding the payment settlement, it will be settled, basis 'Minimum Amount' Due, Fees & Other Charges, and Interest charges, Balance Transfer Outstanding, Purchase Outstanding and Cash Advance.

Payment through cheque

Make sure you do not send cheque that is payable outside the clearing zones. SBI Card only accepts cheques or drafts that are payable in Delhi.

All Fees, Interest & Charges on your card are exclusive of applicable taxes.

SBI Unnati Credit Card Customer Care Contact Information:

For any queries, suggestions & feedback, you can contact SBI Card helpline at:

39 02 02 02 (prefix local STD code) or 1860 180 1290 (Toll Free Number)

Alternatively, you can send SMS "HELP" to 5676791 from the registered mobile number. Or, SMS "PROBLEM" to 9212500888 and you will get a call back within 24 hours.

You can also write to the Head office:

SBI Card, Correspondence Department,

DFL Infinity Towers, Tower C,

10-12 Floor, Block 2, Building 3,

DFL Cyber City, Gurgaon- 122002, Haryana, India

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