Welcome Benefits
Although there are no welcome benefits for this Cashback SBI Card, this is a good starter card for online shoppers who spend up to Rs 1 lakh monthly. (max cashback is Rs. 5000 per statement).
Interest Free Period
Payment Gateway
Joining Fee(once)
Annual Fee(2nd year onwards once)
Rs. 999
Add-on Card Fee
Annual Fee Waive off
Annual spends greater than Rs. 2,00,000
Cashback
5% Cashback on online spends without any merchant restriction
1% Cashback on offline spends
Maximum cashback is Rs. 5000 per statement cycle. The cashback will be automatically credited to the SBI Card account within two working days of the next statement generation.
And cashback is not applicable on EMI, Utility, Insurance, Fuel, Rent, Wallet, School & Educational Services, Jewelry, Railways etc..
Rewards
Nil
Milestone Benefits
Nil
Fuel Surcharge Waiver
1% for transactions between Rs. 500 to Rs. 3000.
Up to Rs. 100 per statement
Dining
Nil
Movie Benefits
Nil
Lifestyle Benefits
–
Travel Benefits:
Nil
Lounge Benefits
Nil
Hotel Benefits
Nil
Insurance Benefits
Nil
Concierge Benefits
Nil
Health Benefits
Nil
Cash Payment fees at branches
Rs. 250
Cash Withdrawal Fees or Cash Advance Fees
2.5% (Min. Rs. 500) of the cash amount
Card Replacement Fees
Rs. 100 to Rs. 250
Charge slip Retrieval Fee
Rs. 225
Cheque Payment Fee
Rs.100
DCC Markup Fees(Dynamic & Static Currency Conversion Markup Fee)
3.5% on International transaction
Duplicate Statement Fee
Rs.100 per statement (>2 months old)
Emergency Card Replacement (When Abroad)
Minimum $175 for VISA, $148 for Mastercard
EMI Processing Fees
Rs. 199
Finance Charges
3.5% per month (42% per annum) (Min Rs 25)
Foreign Currency Transaction fee(Forex Charges)
3.5% of the transaction value
Late Payment charges
Nil if Total Payment Due is less than Rs. 500
Rs. 400 if total payment due is between Rs. 501 – Rs. 1,000
Rs. 750 if total payment due is between Rs. 1,001 – Rs. 10,000
Rs. 950 if total payment due is between Rs. 10,001 – Rs. 25,000
Rs. 1100 if total payment due is between Rs. 25,001 – Rs. 50,000
Rs. 1300 if total payment due is greater than Rs.50,000
* Additional Rs. 100 for missing payment of Minimum Amount Due *
Outstation Cheque Fee
N/A
Over Limit Fees
2.5% of the over limit amount (Min Rs. 600)
Payment (cheque/ECS/NACH/Auto Debit Reversal) Dishonor Fees
2% of the payment amount subject to Min. Rs.500
Payment of Customs duty
2.25% (Min Rs. 75)
Priority Pass Lounge Charges
$27 per visit + taxes
Railway Tickets Surcharge
Rs. 30 + 2.5% of transaction amount on Counters, 1% on IRCTC website
Rental Transaction Fee
Rs. 199
Reward Points Redemption Fee
Rs. 99
Any Other Charges
Cheque Pickup fee – Rs. 100
Fuel – 2.5% of transaction value or Rs. 10 whichever is higher
* Goods & Service Tax(GST) applicable on all fees, interest and other charges. All fees, charges, rewards, or any other terms can change at any time. Always read the Terms and Conditions on the Bank’s page.