Product Knowledge

SBI Card offers a diverse portfolio of over 20 credit card variants tailored for shopping, travel, fuel, and lifestyle, making it the second-largest credit card issuer in India. These cards are equipped with modern features such as contactless payments, EMV chip technology for security, and extensive digital management tools via the SBI Card mobile app or YONO SBI. 

Top SBI Credit Card Variants

• Cashback SBI Card: Best for online/offline shopping with 5% cashback on online spends and 1% on offline spends (non-restricted merchants).
• SimplyCLICK SBI Card: Popular entry-level card for online shoppers, offering 10X reward points on partners like Apollo, Swiggy, and Lenskart.
• SimplySAVE SBI Card: Ideal for retail, offering 10X reward points on dining, groceries, and movies.
• SBI Card ELITE: Premium card providing high-end rewards, complimentary movie tickets, and lounge access.
• BPCL SBI Card Octane: Tailored for fuel savings, offering 1% fuel surcharge waiver and accelerated rewards on fuel purchases.
• Co-branded Cards: Partnerships with Tata (Tata Neu), IRCTC, Etihad, and Aditya Birla are available. 

Key Features & Benefits

• Reward Points/Cashback: Points can be redeemed against a rewards catalogue or used to pay off outstanding balances (typically 4 points = Re 1).
• Fuel Surcharge Waiver: 1% waiver across all petrol pumps for transactions between ₹500 – ₹4,000.
• Contactless Technology: Secure tap-and-pay for quick, small-ticket purchases.
• Flexipay: Enables conversion of large purchases (over ₹2,500) into easy installments.
• Balance Transfer: Allows transferring outstanding balances from other bank credit cards to an SBI Card at lower interest rates.
• Encash: Provides pre-approved cash above the credit limit, transferred to the bank account.
• Add-on Cards: Free add-on cards for family members (spouse, parents, children over 18). 

Fees and Charges (Key Highlights)

• Annual/Renewal Fee: Varies by card, ranging from Nil (for some co-branded/special cards) to ₹4,999+ taxes for ELITE.
• Fee Waiver: Generally, the annual fee is waived if the previous year’s spending exceeds a specific threshold (e.g., ₹1 lakh for SimplySAVE, ₹10 lakh for ELITE).
• Finance Charges: Up to 3.75% per month (45% per annum) for unsecured cards.
• Late Payment Fee: Ranges from Nil (for <₹500) up to ₹1,300 for balances over ₹50,000. 

Digital & Customer Service Channels

• SBI Card App: Manage cards, set limits, block cards, and pay bills.
• YONO SBI: Integrated banking and lifestyle app.
• Simply SMS: Get instant account details by sending SMS to 5676791.
• Missed Call Service: Get balance/last payment details. 

Eligibility Criteria

• Age: 21 to 70 years.
• Employment: Salaried or self-employed with a regular income.
• Location: Residents of India.