SBI Credit Card Charges

SBI Credit Card Fees And Charges

The SBI credit card is one of the most powerful cards in the country that helps its users make transactions for online shopping, paying bills, booking tickets, and more. However, like any other credit card, there are particular SBI credit card charges that you must keep in mind. You must know the SBI credit card annual fee and other details before applying for one. 

Types of SBI Credit Card Charges and Fees

Here are some SBI credit card fees and charges levied on the card:

1. SBI credit card annual fees

SBI credit card yearly charges are the annual fees that you need to pay for owning an SBI credit card. While SBI card yearly charges are standard for most cards offered by SBI, you can also find some SBI credit cards with no annual fees.

2. SBI credit card late payment charges

SBI card late payment charges are applicable if you fail to clear the outstanding amount on your SBI credit card before the payment date.

3. SBI credit card over-limit charges

SBI card over-limit charges are levied when the expenditure on your SBI credit card is higher than its credit limit.

4. SBI credit card international transaction charges

SBI credit card holders will have to pay an additional fee for making overseas transactions.

SBI Credit Card Interest-free Period

SBI credit card owners can expect an interest-free period of 20 to 50 days. This period is the duration between the last statement generation and the upcoming due date. While no interest is applicable during this period, here are some pointers you should keep in mind:

• The interest-free period does not apply to cash withdrawals

• The interest-free period will not apply to users who have carried forward any outstanding balance from the previous cycle to the current cycle