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SBI Credit Card Charges and Fees

SBI credit card is a diverse product that aids in transacting effortlessly, anytime and anywhere. You can use it for online shopping, paying utility bills, availing loans, purchasing fuel, buying movie tickets, booking hotels and flights, earning and redeeming rewards, and doing so much more. However, to avail the many benefits of this financial tool, you have to incur a few SBI credit card fees and charges.

Types of SBI Bank Credit Card Charges and Fees

Some of the SBI credit card fees and charges that are usually levied on the card under different circumstances are mentioned below:

1.SBI credit card annual fees

The SBI credit card yearly charges, as the name suggests are the annual fees that you need to pay for owning an SBI credit card. While SBI card yearly charges are common for most cards, you can also find SBI credit cards with no annual fees.

2.SBI credit card late payment charges

If you fail to clear the minimum due on your SBI credit card before the payment date, the SBI card late payment charges are levied.

3.SBI credit card over limit charges

When the outstanding balance on your card is higher than the credit limit available on your SBI card, the SBI card over limit charges become applicable.

4.SBI credit card international transaction charges

For transactions made overseas, this SBI credit card fee is charged.

SBI Credit Card Charges and Fees for Top 5 SBI Credit Cards

The SBI credit card charges and fees are different for different cards. Here is a list of SBI credit card fees and charges of some of the top SBI credit cards.

 

BPCL SBI Card

SimplySAVE SBI Card

IRCTC RuPay Credit Card

SBI Card ELITE

SBI Card PRIME

Annual fee

INR 499 + taxes

INR 499 + taxes

INR 500 + taxes

INR 4,999 + taxes

INR 2,999 + taxes

Renewal Fee

INR 499 + taxes

INR 499 + taxes

INR 300+ taxes

INR 4,999+ taxes

INR 2,999+ taxes

Payment Dishonor Fee

2% of the amount paid (min INR 500)

2% of the amount paid (min INR 500)

2% of the amount paid (min INR 500)

2% of the amount paid (min INR 500)

2% of the amount paid (min INR 500)

 

 

 

 

 

 

 

 

 

 

 

Late Payment Charges

Total Amount due (INR 0- INR 500) = Nil

 

Total Amount due (INR 500- INR 1000) = INR 400

 

Total Amount due (INR 1000- INR 10000) = INR 750

 

Total Amount due (>10000) = INR 950

Total Amount due (INR 0- INR 500) = Nil

 

 

Total Amount due (INR 500- INR 1000) = INR 400

 

Total Amount due (INR 1000- INR 10000) = INR 750

 

 

Total Amount due (>10000) = INR 950

Total Amount due (INR 0- INR 500) = Nil

 

Total Amount due (INR 500- INR 1000) = INR 400

 

Total Amount due (INR 1000- INR 10000) = INR 750

 

Total Amount due (>10000) = INR 950

Total Amount due (INR 0- INR 500) = Nil

 

Total Amount due (INR 500- INR 1000) = INR 400

 

Total Amount due (INR 1000- INR 10000) = INR 750

 

Total Amount due (>10000) = INR 950

Total Amount due (INR 0- INR 500) = Nil

 

Total Amount due (INR 500- INR 1000) = INR 400

 

Total Amount due (INR 1000- INR 10000) = INR 750

 

Total Amount due (>10000) = INR 950

Overlimit Charges

2.5% or exceeded amount, or INR 500, whichever is higher

2.5% or exceeded amount, or INR 500, whichever is higher

2.5% or exceeded amount, or INR 500, whichever is higher

2.5% or exceeded amount, or INR 500, whichever is higher

2.5% or exceeded amount, or INR 500, whichever is higher

Statement Retrieval Charges

INR 100 per statement

INR 100 per statement

INR 100 per statement

INR 100 per statement

INR 100 per statement

Finance Charges (Retail Purchases and cash)

3.35% per month/ 40.2% per year

3.35% per month/ 40.2% per year

3.35% per month/ 40.2% per year

3.35% per month/ 40.2% per year

3.35% per month/ 40.2% per year

Card Replacement

INR 100

INR 100

INR 100

INR 100

INR 100

Card Replacement When Abroad

Actual cost ($175 minimum)

Actual cost ($175 minimum)

Actual cost ($175 minimum)

Actual cost ($175 minimum)

Actual cost ($175 minimum)

International Transaction Charges

3.5 percent mark-up

3.5 percent mark-up

3.5 percent mark-up

1.99 percent mark-up

3.5 percent mark-up

Dynamic Currency Conversion

3.5 percent mark-up (transaction > = INR 1000)

3.5 percent mark-up (transaction > = INR 1000)

3.5 percent mark-up (transaction > = INR 1000)

1.99 percent mark-up (transaction > = INR 1000)

3.5 percent mark-up (transaction > = INR 1000)

What is the SBI Credit Card Interest-free Period?

An interest-free period refers to the duration between the date the transaction is made and the due date of bill payment. During this tenure, no interest is charged on the credit card outstanding bill. However, to enjoy this benefit, you need to clear the entire balance on your credit card before the due date, as well as refrain from withdrawing cash on your credit card. The interest-free period for SBI credit cards usually varies from 20 days to 50 days, depending on the type of card you own.

Why choose SBI Credit Card from Finserv MARKETS

There are multiple reasons to choose Finserv MARKETS to apply for SBI Bank Credit Cards:

Rewards & Discounts

Get some of the best rewards on SBI Credit Cards on Finserv MARKETS. Apply for Credit Cards online at Finserv MARKETS and get Credit Cards packed with rewards and offers from your favorite brands.

One Platform, Many Cards

At Finserv MARKETS, we have just the right amount of Credit Cards for you. Whether you want a Credit Card that gets you discounts on shopping or the one that saves on your fuel costs, we have it all!

Joining Benefits

Enjoy assured joining benefits on multiple Credit Cards at Finserv MARKETS as soon as you join. Get amazing discount vouchers from top e-commerce sites, fuel surcharge waivers, cashback, and much more! If you are a student, then you can apply for a Student Credit Card to avail benefits.

Convert Purchases into EMIs

Purchases through any of the SBI Credit Cards available at Finserv MARKETS can be converted into EMIs easily. Apply for an SBI credit card online today.

Stringent Security Measures

With cyber-crime a reality, your SBI Credit Card comes with features that ensure safety against any kind of fraud. Apply online and avail the best credit card for you now! 

Frequently Asked Questions About SBI Credit Card Charges and Fees

  • ✔️Are there any charges for SBI credit cards?

    Yes, there are certain SBI credit card charges and fees that are levied for owning and using your SBI credit card.

  • ✔️What are the different fees & charges on SBI credit cards?

    The most common SBI credit card charges, as well as fees that are levied on SBI credit card, include SBI credit card annual fees, SBI credit card late payment charges, SBI credit card over-limit charges, SBI credit card finance charges, etc.