Credit Cards · Bank review
SBI Credit Cards
SBI Card is India's second-largest credit-card issuer, operated as a listed subsidiary of the State Bank of India. It has strong penetration in tier-2 and tier-3 cities and issues cards under multiple co-brand partnerships.
By FinancePaisa Editorial Team · Research & editorialUpdated · 1 min read
- Interest rate
- 42% p.a. (finance charges)
- Loan amount
- Up to ₹20 lakh (card limit)
- Tenure
- Revolving
- Processing fee
- ₹499 to ₹4,999 (annual fee)
On this page (4 sections)
Popular SBI credit cards
| Card | Annual fee | Best for |
|---|---|---|
| SBI Cashback | ₹999 (waived on ₹2 lakh spend) | 5% online cashback |
| SimplyCLICK | ₹499 | Online spends with partners |
| SimplySAVE | ₹499 | Dining, movies, groceries |
| Prime | ₹2,999 | Travel and lifestyle |
| Elite | ₹4,999 | Premium travel and lounge |
SBI Cashback
- Annual fee
- ₹999 (waived on ₹2 lakh spend)
- Best for
- 5% online cashback
SimplyCLICK
- Annual fee
- ₹499
- Best for
- Online spends with partners
SimplySAVE
- Annual fee
- ₹499
- Best for
- Dining, movies, groceries
Prime
- Annual fee
- ₹2,999
- Best for
- Travel and lifestyle
Elite
- Annual fee
- ₹4,999
- Best for
- Premium travel and lounge
Common features
- Up to 50 days interest-free period
- Fuel surcharge waiver at all BPCL, HPCL, IOCL pumps
- Flexipay EMI conversion
- Contactless Visa/Mastercard payments
- Zero liability on lost card after reporting
Charges to know
| Charge | Amount |
|---|---|
| Finance charges | 3.5% per month (42% p.a.) |
| Late payment | ₹100 to ₹1,300 by outstanding slab |
| Cash withdrawal | 2.5% (min ₹500) |
| Forex mark-up | 3.5% |
| Card replacement | ₹100 to ₹250 |
Finance charges
- Amount
- 3.5% per month (42% p.a.)
Late payment
- Amount
- ₹100 to ₹1,300 by outstanding slab
Cash withdrawal
- Amount
- 2.5% (min ₹500)
Forex mark-up
- Amount
- 3.5%
Card replacement
- Amount
- ₹100 to ₹250
Frequently asked questions
Advertisement