Types of the credit card by State bank of India
- Simply save
- Simply Click
- SBI Elite
- Prime
other cards
Fuel cards, travel cards, partnership cards, etc.
Card
Joining fee
Annual fee
Main feature /purpose
Welcome Gift
reward points
Simply save
499
499 (reversal on 90K spend)
10X Rewards on Dining, Movies & Grocery
1 Reward Point on every Rs 100 spent
2,000 Bonus RP on spending ₹2,000 in 60 days
1 RP on every Rs. 100 spent
Simply Click
499
499 (reversal on 100K spends)
10X Reward Points on Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, and OLA.
1 RP on every Rs. 100 spent
SBI Card PRIME
2999
2999
Trident Privilege Membership and Club Vistara Membership
2 Reward Points for every Rs. 100 spent
SBI Card ELITE
4999
4999
movie tickets worth Rs.6,000 every year.
2 Reward Points for every Rs. 100 spent
BPCL SBI Card
499
499
13X reward points equivalent to 3.25% + 1% fuel surcharge waiver
non-fuel retail purchases get 1 Rp on every Rs. 100. spent
yatra for hotels, air India for lounge access, FBB card, Mumbai metro, etc.
reward points mostly 0.18 to 0.33 INR on Avg 0.25 = 1 reward points*
SBI Credit card payment
Through Billdesk Portal: enter the credit card number and enter the amount between minimum payment amount (to avoid late fee payment) or full amount to avoid overdue interest rates (3.35% Pm or 40% + per annum)
By SBI Netbanking: Go to Bill payments, add biller >> Select SBI Card Pvt Limited.
enter your Credit card Number, add a Nickname for It,
Automatic payment for SBI Card due date with Netbanking not working right Now for me. but it may work for you.
Your payment Through SBI net banking to SBI credit card credits instantly. its applicable thorough billdesk too. incase you paid through other bill payment channels it may take up to 3 working days, it delays there will be late fee payment of 500+* GST based on the card.
Once registered SBI Card as a Biller In-State bank of India online banking portal. Login SBI net banking go to bill payments.
select without due date enter the credit due amount click on pay.
SBI credit card grace period or interest-free period: time frame between your bill cycle end to the payment due date.
Ex: If your credit card statement generates on 22nd and bill payment due is 10th of next month. (the days considered as a grace period)
Remember: Payment due date is the final if you miss that ended up with late payment fee and overdue fee.
20 to 50 days depends on the card type.
SBI Credit Card Interest Rates
SBI Card encash Interest rates
Towards 1.62% pm or 19.5% for annum reducing the monthly interest rate (beware of flat interest rate 10% will be 20% approximately).
Open App or Sbi Card Portal Check Offers, there will be encash offer if applicable to you. also read RBL Credit card interest free loan for 6 months 20000
sbi credit card outstanding balance interest rate
3.35% per month or 40.2% per annum
SBI Late fee Payment on Outstanding payment
Outstanding amount
Late Fee
0-200
Nil
200-500
100
500-1000
400
1000-10000
500
10000+
750
ATM Withdrawal Fee
A transaction fee of 2.5% or Rs. 500 whichever is higher at domestic /international ATMs.
secured SBI credit cards:
Cards Against FD or any collateral if default in cards they recover from FD.
TIP: If you don’t have any income proof no job, no ITR. then you can deposit 20,000 to get 14000 Limit card or 50000 to get 40000* Card limit card.
Tip 2: using credit cards helps improve your CIBIL Score (to attract loans at low rates)
unsecured cards: no collateral. if you default in credit card your CIBIL score you may not get the loan in future because your credit history sucks.
How to block & Close SBi Credit card?
call customer care Request to block once you clear the overdue payment. Some credit card companies
You Should Ask for Deactivate not block.
Blocking existing Credit card generate new credit card.