SBI Credit Cards - Fees & Charges

SBI credit card fees are charged for specific services that you can enjoy. You will have to pay different types of SBI credit card fees depending on the use. This could include charges to make certain types of transactions, to use your card overseas, or to make online payments.

It is one of the first few things you need to look at when selecting a SBI Credit Card. An annual fee is a one-time charge levied when obtaining the credit card. A renewal fee is an annual charge you have to pay to continue using the card beyond its first year.

Many credit cards provide the convenience of accessing funds in the form of cash through ATMs. This feature is known as a cash advance. The following are the applicable SBI credit card fees and charges for the cash advance facility:

The credit card networks (Visa or MasterCard) charge this fee for converting the foreign currency to your home currency. They typically include a foreign currency markup, which is a percentage added to the transaction amount. Here are the applicable charges:

You need to pay these charges if you transfer the outstanding bill of your other credit cards to the SBI Card you use. With this facility, you get the flexibility to pay the amount in a lump sum or in EMIs. 

Here are the applicable SBI credit card charges and fees for the balance transfer facility based on the tenor you choose: 

Subject to internal policy and customer eligibility, SBI Card may approve over-limit transactions as a service gesture. An over-limit charge occurs when you spend more money on your credit card than what your credit limit allows. 

When you exceed this limit of your SBI credit card, you need to pay over-limit charges. Check out the overlimit charges given below:

You will have to pay this fee if you fail to pay the Minimum Amount Due on your SBI credit card before the due date. If you fail to pay the due amount for two consecutive cycles, you will have to pay a late fee of ₹100. 

SBI Card will charge the late payment fee for every payment cycle until you clear the Minimum Amount Due. Check out the late payment fees given below:

Beyond the commonly known annual fees and forex charges, SBI Card charges a range of other fees. These can also impact your overall borrowing capacity. Understanding these additional charges is crucial for effective credit card management. Check out other types of SBI credit card charges:

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.