SBI Credit Cards
SBI Card is India's second-largest credit-card issuer, operated as a listed subsidiary of the State Bank of India. It has strong penetration in tier-2 and tier-3 cities and issues cards under multiple co-brand partnerships.
Last updated: 15 June 2025
Interest Rate
42% p.a. (finance charges)
Loan Amount
Up to ₹20 lakh (card limit)
Tenure
Revolving
Processing Fee
₹499 to ₹4,999 (annual fee)
Popular SBI credit cards
| Card | Annual fee | Best for |
|---|---|---|
| SBI Cashback | ₹999 (waived on ₹2 lakh spend) | 5% online cashback |
| SimplyCLICK | ₹499 | Online spends with partners |
| SimplySAVE | ₹499 | Dining, movies, groceries |
| Prime | ₹2,999 | Travel and lifestyle |
| Elite | ₹4,999 | Premium travel and lounge |
Common features
- Up to 50 days interest-free period
- Fuel surcharge waiver at all BPCL, HPCL, IOCL pumps
- Flexipay EMI conversion
- Contactless Visa/Mastercard payments
- Zero liability on lost card after reporting
Charges to know
| Charge | Amount |
|---|---|
| Finance charges | 3.5% per month (42% p.a.) |
| Late payment | ₹100 to ₹1,300 by outstanding slab |
| Cash withdrawal | 2.5% (min ₹500) |
| Forex mark-up | 3.5% |
| Card replacement | ₹100 to ₹250 |