Description
Fees:
- Joining Fee: Rs.999
- Renewal Fee: Rs.999 (Waived with Rs.2 lakh annual spend)
- Cash Advance Fee: 2.5% or Rs.500
- Finance Charges: 3.50% per month (42% p.a.)
- Late Payment Fee: Varies based on outstanding amount.
Additional Charges:
- Overlimit Fee: 2.5% or Rs.600
- Payment Dishonor Fee: 2% of payment amount (min Rs.500)
- Rewards Redemption Fee: Rs.99
- Cheque Payment Fee: Rs.100
- Card Replacement Fee: Rs.100 to Rs.250
- Foreign Currency Transaction Fee: 3.5% (1.99% for Aurum and Elite)
How it works?
Applying for Cashback SBI Card:
- Go to the ‘Credit Cards’ page and choose ‘Cashback SBI Card.’
- Click ‘Apply Now’ and fill in the online application form.
- Submit the form.
- Upon approval, SBI Card team will contact you for verification.
- Receive your Cashback SBI Card after verification.
Eligibility Criteria:
- Age: 21 to 70 years
- Salaried or self-employed professional
- Good credit score
- Regular source of income
