Best SBI Credit Card 2024: Eligibility, Features & Benefits


SBI credit cards, often referred to as SBI cards, are among the most sought-after financial products in India. With a wide range of options tailored to meet various financial needs, SBI credit cards offer unparalleled benefits and features to their users.

Whether you’re looking for cashback rewards, travel privileges, or discounts on everyday expenses, SBI credit cards have you covered.

One of the standout features of an SBI credit card is its versatility. SBI offers a diverse portfolio of cards, each designed to cater to different lifestyles and preferences.

 For instance, the SBI SimplySAVE Credit Card is an excellent choice for those who want to earn cashback on everyday expenses like groceries and fuel.

On the other hand, the SBI Card ELITE offers premium benefits such as airport lounge access and exclusive dining offers.

SBI credit cards are known for their competitive interest rates and transparent fee structures, making them a cost-effective choice for cardholders.

Additionally, SBI Cardholders can enjoy the convenience of easy online account management, instant EMI options, and a straightforward rewards program that helps them save money on their purchases.

SBI Credit Card 2024

SBI credit cards, often referred to simply as SBI cards, offer a comprehensive suite of financial products designed to meet the diverse needs of consumers.

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SBI Card Active Users

Their wide range of card options, coupled with competitive rates and valuable benefits, make SBI credit cards some of the best in the market.

Whether you’re a frequent traveler, a shopping enthusiast, or simply looking for a card to manage everyday expenses, let’s find out All SBI credit cards deatils that suits your requirements.

SBI Credit CardsCategoryUsages
SBI Card ELITEPremiumPremium lifestyle, dining, shopping, travel, rewards
SBI Card PULSELifestyleLifestyle expenses, rewards
Doctor’s SBI Card (in association with IMA)MedicalMedical expenses, rewards
SBI Card ELITE AdvantagePremiumPremium lifestyle, dining, shopping, travel, rewards
Doctor SBI CardMedicalMedical expenses, rewards
CASHBACK SBI CardCashbackCashback on various categories, everyday expenses
SBI Card PRIMEStandardEveryday expenses, rewards
Aditya Birla SBI Card SELECTPremiumPremium lifestyle, shopping, dining, rewards
Aditya Birla SBI CardStandardEveryday expenses, rewards
OLA Money SBI CardTravel & TransportationOla rides, travel expenses, rewards
Apollo SBI CardMedicalMedical expenses, rewards
SBI Card PRIME AdvantageStandardEveryday expenses, rewards
Tata Card SELECTPremiumPremium shopping, dining, travel, rewards
Tata CardStandardEveryday expenses, rewards
Paytm SBI Card SELECTPremiumPremium shopping, dining, travel, rewards
Paytm SBI CardStandardEveryday expenses, rewards
FABINDIA SBI CARD SELECTPremiumPremium shopping, dining, travel, rewards
FABINDIA SBI CARDLifestyleLifestyle expenses, rewards
Lifestyle Home Centre SBI Card PRIMEPremiumPremium shopping, dining, lifestyle, rewards
Max SBI Card PRIMEPremiumPremium shopping, dining, lifestyle, rewards
Spar SBI Card PRIMEPremiumPremium shopping, dining, lifestyle, rewards
Lifestyle Home Centre SBI Card SELECTPremiumPremium shopping, dining, lifestyle, rewards
Max SBI Card SELECTPremiumPremium shopping, dining, lifestyle, rewards
Spar SBI Card SELECTPremiumPremium shopping, dining, lifestyle, rewards
Lifestyle Home Centre SBI CardLifestyleLifestyle expenses, rewards
Max SBI CardLifestyleLifestyle expenses, rewards
Spar SBI CardLifestyleLifestyle expenses, rewards
SimplyCLICK SBI CardOnline ShoppingOnline shopping, rewards
SimplySAVE SBI CardSavingsEveryday expenses, savings, rewards
fbb SBI STYLEUP CardFashionFashion shopping, rewards
Central SBI Select+ CardPremiumPremium shopping, dining, lifestyle, rewards
Central SBI Select CardPremiumPremium shopping, dining, lifestyle, rewards
SBI Card UnnatiEntry-LevelBuilding credit history
SimplyCLICK Advantage SBI CardOnline ShoppingOnline shopping, rewards
SimplySAVE Advantage SBI CardSavingsEveryday expenses, savings, rewards
Shaurya SBI CardDefence PersonnelDefence personnel expenses, rewards
Shaurya Select SBI CardDefence PersonnelDefence personnel expenses, rewards
BPCL SBI Card OCTANEFuelFuel expenses, rewards
IRCTC SBI Card PremierTravelTrain travel expenses, rewards
IRCTC SBI Card (on RuPay platform)TravelTrain travel expenses, rewards
Etihad Guest SBI Premier CardTravelTravel expenses, Etihad rewards
Etihad Guest SBI CardTravelTravel expenses, Etihad rewards
BPCL SBI CardFuelFuel expenses, rewards
Club Vistara SBI Card PRIMETravelAir travel, Vistara privileges, rewards
Club Vistara SBI CardTravelAir travel, Vistara privileges, rewards
Yatra SBI CardTravelTravel bookings, Yatra rewards
Air India SBI Signature CardTravelAir travel, Air India privileges, rewards
Air India SBI Platinum CardTravelAir travel, Air India privileges, rewards
IRCTC SBI Platinum CardTravelTrain travel expenses, rewards
PSB SBI Card ELITEPremiumPremium lifestyle, dining, shopping, travel, rewards
PSB SBI Card PRIMEStandardEveryday expenses, rewards
PSB SimplySAVE SBI CardSavingsEveryday expenses, savings, rewards
UCO Bank SBI Card ELITEPremiumPremium lifestyle, dining, shopping, travel, rewards
UCO Bank SBI Card PRIMEStandardEveryday expenses, rewards
UCO Bank SimplySAVE SBI CardSavingsEveryday expenses, savings, rewards
Central Bank of India SBI Elite CardPremiumPremium lifestyle, dining, shopping, travel, rewards
Central Bank of India SBI Card PrimeStandardEveryday expenses, rewards
Central Bank Of India SimplySave SBI CardSavingsEveryday expenses, savings, rewards
City Union Bank SBI Card PRIMEStandardEveryday expenses, rewards
City Union Bank SimplySAVE SBI CardSavingsEveryday expenses, savings, rewards
Karnataka Bank SBI Card PRIMEStandardEveryday expenses, rewards
Karnataka Bank SimplySAVE SBI CardSavingsEveryday expenses, savings, rewards
South Indian Bank SBI Platinum Credit CardPremiumPremium lifestyle, dining, shopping, travel, rewards
South Indian Bank SimplySave SBI CardSavingsEveryday expenses, savings, rewards
KVB SBI Signature CardPremiumPremium lifestyle, dining, shopping, travel, rewards
Karur Vysya Bank – SBI Platinum Credit CardPremiumPremium lifestyle, dining, shopping, travel, rewards
Karur Vysya Bank – SBI CardStandardEveryday expenses, rewards

SBI Credit Cards: Features & Benefits

  • Features

  • Benefits

  • Interest Rates

SBI credit cards offer fantastic features: earn rewards, enjoy dining discounts, travel perks, cashback, fuel savings, and more. It’s your go-to for easy payments, exclusive offers, and peace of mind.

  1. Wide Acceptance: SBI credit cards are widely accepted both in India and internationally, allowing you to make payments at a large number of merchants and online platforms.
  2. Credit Limit: Each SBI credit card comes with a predetermined credit limit, which represents the maximum amount you can spend using the card. The credit limit is determined based on your creditworthiness and financial profile.
  3. Rewards and Cashback: Many SBI credit cards offer rewards points or cashback on every transaction you make using the card. These rewards can be redeemed for various benefits, including discounts on shopping, travel, and more.
  4. Specialized Rewards: Some SBI cards are tailored for specific categories, such as travel, dining, fuel, shopping, or lifestyle. These cards offer higher rewards or discounts in their respective categories.
  5. Welcome Benefits: SBI often provides welcome gifts or bonuses to new cardholders, which could include bonus rewards points, vouchers, or discounts.
  6. Interest-Free Period: SBI credit cards typically come with an interest-free period (usually up to 50 days) during which you can make purchases without incurring any interest charges if you pay your outstanding balance in full by the due date.
  7. Easy EMI Options: You can convert large purchases into manageable Equated Monthly Installments (EMIs) with lower interest rates, making it easier to pay off your debts over time.
  8. Fuel Surcharge Waiver: Many SBI cards offer fuel surcharge waivers at petrol pumps, saving you money on fuel expenses.
  9. Airport Lounge Access: Premium SBI cards may provide access to domestic and international airport lounges, allowing you to enjoy a comfortable pre-flight experience.
  10. Insurance Coverage: Some SBI credit cards offer complimentary insurance coverage, including travel insurance, medical insurance, and more.
  11. Balance Transfer: You can transfer outstanding balances from other credit cards to your SBI card and benefit from lower interest rates for a specified period.
  12. Contactless Payments: SBI credit cards are equipped with contactless payment technology, allowing for quick and secure transactions by simply tapping your card at enabled terminals.
  13. Online Account Management: Cardholders can access and manage their credit card accounts online, making it convenient to check statements, pay bills, and track transactions.
  14. Global Card: Some SBI credit cards can be used internationally, making them suitable for travel and online shopping from international websites.
  15. Customer Support: SBI provides customer support services to assist cardholders with any queries, concerns, or issues related to their credit cards.

SBI credit cards offer a multitude of Benefits. Cardholders can earn rewards, access dining discounts, and enjoy travel perks, including air miles and airport lounge access. Fuel savings, contactless payments, and exclusive event access add to the appeal. Emergency services, bill payment convenience, and online shopping discounts enhance the overall experience, making SBI credit cards versatile financial companions.

SBI offers a variety of credit cards, each with its own interest rate structure. The interest rate on SBI credit cards can vary, but it can go up to 3.50% per month, which is equivalent to 42% per annum.

It’s important to note that the interest rate may differ from one SBI credit card to another, so it’s advisable to refer to your specific credit card statements or get in touch with SBI for precise information regarding the interest rates applicable to your card.

For example, some of the top SBI credit cards have an interest rate of 3.50% per month, which translates to an annual rate of 42%. These cards include the SBI SimplyCLICK Credit Card, SBI SimplySAVE Credit Card, SBI Cashback Credit Card, SBI PRIME Credit Card, and Yatra SBI Credit Card. On the other hand, the Shaurya SBI Card has a slightly lower interest rate of 2.75% per month or 33% per annum.

It’s important to understand how interest is calculated on SBI credit cards. SBI typically offers a grace period or interest-free period, which can range from 20 to 50 days, depending on the type of credit card you hold.

During this period, if you make full payments for your purchases, no interest is charged. However, if you opt to make partial payments, the interest rate will be applied to the remaining balance, and it will be added to your total outstanding balance.

SBI credit card interest rates vary by card type and can reach up to 3.50% per month. The interest-free period is a valuable feature, allowing cardholders to avoid interest charges by paying their balances in full within the specified time frame. It’s essential to be aware of the specific interest rates associated with your SBI credit card and the terms and conditions that apply to interest calculation.

SBI Credit Card: Fees & Charges

The charges associated with SBI credit cards vary depending on the card type. Familiarize yourself with the different SBI credit card fees and charges before applying online.

Fee/ChargeDetails
Annual and Renewal FeesMost SBI cards have annual fees, ranging from ₹250 (Shaurya SBI Card) to ₹9,999 (AURUM). Some cards have no annual fee, while renewal fees may be waived based on annual spending.
Late Payment ChargesLate payment fees depend on the outstanding amount: Nil for < ₹500, ₹400 for ₹500-₹1,000, ₹750 for ₹1,000-₹10,000, ₹950 for ₹10,000-₹25,000, ₹1,100 for ₹25,000-₹50,000, ₹1,300 for > ₹50,000. Additional ₹100 if Minimum Amount Due is unpaid for two consecutive cycles.
Over-Limit ChargesOver-limit transactions may be approved with a charge of 2.5% of the total over-limit amount or ₹600, whichever is higher.
Finance ChargesMonthly finance charges stand at 3.50% (42% annually) on all transactions, subject to change.
Cash Advance FeesFor cash withdrawals from ATMs, a fee of ₹500 or 2.5% of the withdrawn amount (whichever is higher) may apply.
Cash Payment FeesPaying monthly dues in cash at select SBI branches may incur a fee of ₹250, along with applicable taxes.
Other Fees– ₹100 for cheque payment – ₹100 to ₹250 for card replacement redeeming SBI credit card rewards – 3.5% foreign currency transaction fee.

SBI Credit Card: Eligibility Criteria

  • Age: Typically 21 to 65 years for primary cardholders.
  • Citizenship: Indian citizens or residents.
  • Income: Minimum income requirements vary by card.
  • Credit Score: A good credit score (750+) is essential.
  • Employment: Stable employment or income source.
  • Residential Stability: Stable address, with minimum residency requirements for some cards.
  • Debt Load: Existing debts can affect eligibility.
  • Documentation: ID and income proof documents are required.
  • SBI Relationship: Existing SBI customers may have better chances.
  • Credit Report: SBI checks your credit report.
  • Specific Card Criteria: Unique criteria for certain cards.

SBI Credit Card Apply Online

  • Visit the SBI Cards Website: Go to the official SBI Cards website. The URL is typically something like “www.sbicard.com” or a similar variation.
  • Browse Credit Cards: Explore the various credit card options offered by SBI. You can find detailed information about each card, including features, benefits, and fees.
  • Choose a Card: Select the SBI credit card that best suits your needs and requirements. Carefully review the terms and conditions associated with the chosen card.
  • Click on “Apply Now”: Once you’ve decided on a card, click on the “Apply Now” button or a similar option associated with that card.
  • Fill Out the Online Application Form: You will be directed to an online application form. Complete the form with accurate personal and financial information, including your name, contact details, income details, employment information, and more. Ensure that you provide all the required information correctly.
  • Upload Documents: You may be required to upload certain documents as part of your application. These documents typically include proof of identity, address, income, and passport-sized photographs. Be sure to have scanned or digital copies of these documents ready.
  • Review and Confirm: Carefully review the information you’ve entered in the application form. Double-check for accuracy. Make sure you understand the terms and conditions of the credit card you’re applying for.
  • Submit the Application: Once you’re satisfied with the application details, click the “Submit” or “Apply” button. Your application will be submitted to SBI Cards for processing.
  • Application Processing: SBI Cards will review your application and may contact you for additional information or documentation if needed.
  • Approval and Dispatch: If your application is approved, you will receive the credit card in the mail at your registered address. The time it takes to receive the card may vary.
  • Activate the Card: After receiving the card, you will need to follow the activation instructions provided by SBI Cards. Typically, this involves calling a toll-free number and verifying your identity.

Other SBI Credit Cards

BOB Credit Card
Amazon Credit Card
HDFC Credit Card
Best UCO Bank Credit Card 2024: Eligibility, Features & Benefits

State Bank of India (SBI) is the largest and one of the oldest commercial banks in India. Established in 1806 as the Bank of Calcutta, it later merged with the Bank of Bombay and the Bank of Madras in 1921 to form the Imperial Bank of India.

In 1955, it was nationalized and renamed the State Bank of India. Since then, it has grown to become a cornerstone of India’s banking and financial sector.

SBI branch network in India shows its dedication to helping people with their money needs all over the country. These branches are found in cities, towns, and even far-off villages, making banking services available to everyone.

You can go to SBI branches for various banking tasks like opening accounts, putting money in, getting loans, and getting financial advice.

SBI Credit Card FAQs

What is the minimum balance in SBI credit card?

Unlike a savings or a regular bank account, SBI credit cards do not require a minimum balance to be maintained. However, cardholders are expected to pay their credit card bills on time to avoid interest charges and late fees.

What is the annual fee of SBI credit card?

The annual fee for SBI credit cards can vary widely depending on the specific card you hold. Some SBI credit cards may have no annual fee, while others may have an annual fee that is waived for the first year or subsequent years based on your spending. It’s essential to check the terms and conditions of your specific SBI credit card to understand its annual fee structure.

What is the SBI credit card limit?

The credit limit on an SBI credit card is not fixed and varies from cardholder to cardholder. It is determined by various factors, including your creditworthiness, income, and the type of SBI credit card you hold. SBI may periodically review and adjust your credit limit based on your financial behavior and credit history.

What are the different types of SBI credit cards available?

SBI offers a wide range of credit cards, including lifestyle, reward, shopping, travel, and fuel cards, each catering to specific needs and preferences.

How can I apply for an SBI credit card?

You can apply for an SBI credit card online through the SBI Card website or by visiting a local SBI branch.

What is the annual fee for SBI credit cards?

The annual fee for SBI credit cards varies depending on the type of card. Some cards may have no annual fee, while others may have a fee that is waived based on your spending.

What is the interest rate on SBI credit cards?

The interest rate on SBI credit cards can vary by card type but may go up to 3.50% per month or 42% per annum. It’s essential to check your specific card’s interest rate.

How does the reward points system work on SBI credit cards?

SBI credit cards often come with a rewards program where you earn points for every transaction. These points can be redeemed for various rewards such as vouchers, merchandise, or even cashback.

What is the grace period or interest-free period on SBI credit cards?

SBI typically offers a grace period ranging from 20 to 50 days, during which no interest is charged on purchases if the outstanding balance is paid in full.

Can I convert my SBI credit card purchases into EMIs?

Yes, SBI provides the option to convert your credit card purchases into Equated Monthly Installments (EMIs) with varying tenures and interest rates.

How can I check my SBI credit card statement and make payments?

You can check your credit card statement online through the SBI Card website or mobile app. Payments can be made through various channels, including online banking, auto-debit, or at an SBI branch.

What should I do if I lose my SBI credit card or it gets stolen?

In case of a lost or stolen card, it’s crucial to report it immediately to SBI’s customer care or through their website to prevent unauthorized transactions.

Are there any additional benefits or discounts associated with SBI credit cards?

SBI credit cards often come with additional perks like dining discounts, airport lounge access, and exclusive offers with partner merchants.

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