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The OLA Money SBI Credit Card is a co-branded credit card issued by the SBI Card in partnership with Ola, India's leading ride-hailing platform. This card is designed for frequent Ola users who want to earn rewards on their rides and enjoy other benefits like fuel surcharge waivers and travel offers.

Features and Benefits

Rewards on Rides

Earn 7% reward points on all Ola rides and Ola postpaid spends, one of the highest reward rates offered on cab bookings in India. You can redeem these points for Ola Money, for future rides, food order Read Mores, and other payments within the Ola app. Read Less

Rewards on Other Spends

Earn 1% reward points on all other spends. This means you can earn rewards on all your other expenses, such as groceries, dining, and online shopping.

Welcome Gift

Get a welcome gift of 500 reward points (worth ₹50) and a voucher worth ₹500 on flight or hotel bookings on Cleartrip upon joining.

0 Joining Fee for the 1st Year

You don't have to pay any joining fee to get this card in the first year.

Renewal Fee Waiver

The annual fee of ₹499 is waived if you spend ₹1 Lakh or more in a year.

Fuel Surcharge Waiver

Get 1% fuel surcharge waiver at fuel stations across India.

International Acceptance

This card is an international credit card and can be used at over 24 million outlets worldwide.

Other Benefits

Enjoy additional benefits like access to airport lounges, complimentary movie tickets, and discounts on Cleartrip bookings.

Eligibility Criteria and Documents Required

Eligibility Requirements

To be eligible for the OLA Money SBI Credit Card, you must meet the following criteria:

  • Minimum age of 18 years

  • Salaried/self-employed with a minimum income of ₹25,000 per month

  • Good credit score

Documents Required

  1. A copy of your proof of identity - PAN, Aadhaar, Passport, Driving Licence, Voter ID

  2. A copy of your proof of address - Aadhaar, Passport, Driving Licence, Voter ID

  3. A copy of your proof of income - Latest salary slip, Form 16, or Income Tax Return with computation of income

How to Apply for the OLA Money SBI Credit Card

This card is not available on the Bajaj Markets website. You can apply for the OLA Money SBI Credit Card online through the SBI Card website or the Ola app. The application process is straightforward.

Customer Care Details

Want to know about any existing Ola credit card offers or about its various features? Simply contact the Ola Money SBI Credit Card customer care number to get them clarified immediately. 


You can get in touch with the SBI credit card customer care through these numbers - 1860 500 1290, 1860 180 1290, or 39 02 02 02 (with the local STD code prefixed).

Fees and Charges

Most credit cards come with certain fees and charges, here are some associated with the OLA Money SBI Credit Card: 

Fees and Charges


First Year Fees

Not Applicable

Renewal Fees

₹499 (waived if the spending during the previous year is equal to or exceeds ₹1,00,000)

Finance Charges

3.50% per month

Annual Fees for Add-on Cards

Not Applicable

Fees for Cash Withdrawals

2.5% of the total cash withdrawn or ₹500, whichever is higher

Card Replacement Fees


Late Payment Fees

Ranges between ₹400 and ₹1,300, depending on the total unpaid outstanding amount on the card

Fee for Cheque Dishonour or Returns

2% of the payment amount or ₹500, whichever is higher

Overlimit Fee

2.5% of the amount over the limit or ₹500, whichever is higher

Foreign Currency Transaction Fees

3.50% of the total transaction amount

Disclaimer: The aforementioned fees and charges are subject to change at the issuer's discretion. Please refer to the issuer's MITC document for more details.


The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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Frequently Asked Questions

How do I redeem my OLA Money SBI Credit Card points?

  • Convert points to Ola Money: 100 points = ₹1 in Ola Money, perfect for future rides, food orders, and other Ola app payments.

  • Redeem for exciting rewards: Choose from a wide range of options, including electronics, appliances, gift vouchers, movie tickets, and more.

  • Transfer points to SBI Rewards: If you have other SBI cards, you can transfer points for even more redemption options.

Is there an annual fee associated with the OLA Money SBI Credit Card?

Yes, there's a ₹499 annual fee, but you can waive it by spending ₹1 Lakh in a year.

Who is eligible for this card?

You must be at least 18 years old, have a minimum monthly income of ₹25,000, and have a good credit score.

Where can I apply for the OLA Money SBI Credit Card?

You can apply online through the SBI Card website or the Ola app.

What are some of the benefits of the OLA Money SBI Credit Card?

Here are some bonus perks:

  • Fuel surcharge waiver: Get 1% off fuel surcharges at petrol pumps across India.

  • International acceptance: Use your card at over 24 million outlets worldwide.

  • Other benefits: Enjoy airport lounge access, complimentary movie tickets, and discounts on Cleartrip bookings.

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