Introducing the Free SBI Credit Card: As our nation embraces digital payment methods, we’re excited to introduce the new SBI Credit Card 2023 – your key to a cashless world! Experience the myriad advantages of your new card. Notably, SBI Credit Card 2023 is absolutely free for the first 4 years. From the 5th year onward, an annual fee of Rs 499 will apply.
Here, we offer comprehensive details about the SBI Credit Card Unnati, including insights on Reward Points, Fuel Charges, Balance Transfer on EMI, Flexipay, Easy Money, and the associated charges. Discover the convenience and benefits of going cashless with the SBI Unnati Credit Card today
Free SBI Credit Card Featues
- Zero Fee Card: SBI Card Unnati comes with no charges for the initial 4 years.
Rewards on Spends
- Earn 1 Reward Point for every Rs 100 spent.
- Redeem your Credit Card Reward Points for a diverse range of gifts available in the Rewards Catalogue.
Milestone Rewards
- Enjoy a Rs 500 cashback for annual spending of Rs 50,000 or more.
- This offer is valid throughout all membership years.
Experience Total Fuel Independence
Benefit from a 2.5% fuel surcharge exemption for each transaction falling within the range of Rs 500 to Rs 3000 (excluding GST, if applicable, and any additional charges).
Other Important Features
Worldwide Acceptance
- Your SBI Card Unnati is accepted at more than 24 million establishments worldwide, which includes over 325,000 outlets within India.
- You can use your card for transactions at any merchant that acknowledges Visa or MasterCard payments.
Add-on Cards
- SBI Card Unnati offers you the ability to provide your family with supplementary cards for your parents, spouse, children, or siblings who are 18 years of age or older.
Cash on the Go
- Access cash withdrawal from a network of over 1 million Visa or MasterCard ATMs worldwide.
Utility Bill Payment Facility
- Pay your electricity, telephone, mobile and other utility bills using the Easy Bill Pay facility on your card
Balance Transfer on EMI
- Save money on credit card payments
- Transfer outstanding balances from other banks’ credit cards to your SBI Card Unnati
- Enjoy a lower interest rate and repay in EMIs
- Access this service by logging in at sbicard.com with your user ID and password
- Click here to learn more about Balance Transfer on EMI.
Flexipay
- Utilize Flexipay to transform your transactions into convenient monthly installments. Simply make a purchase of Rs. 2,500 or above with your SBI Card Unnati, and within 30 days of the purchase, log in to sbicard.com with your username and password to convert it into Flexipay.
Easy Money
- Access Easy Money to obtain a draft or cheque against your available cash limit and have it delivered to your location.
- To request Easy Money, log in to sbicard.com with your username and password.
SBI Credit Card Fee And Charges
- Yearly Membership Fee (First 4 years): Zero
- Yearly Renewal Fee (Starting from the 5th year): Rs 499
- Supplementary Card Fee (per annum): None
- For more details, visit the Official Link.
Free SBI Credit Card Extended Gift
- Enjoy an interest-free credit period of 20-50 days, applicable solely to retail purchases, provided the previous month’s outstanding balance is cleared.
- Finance charges are capped at 2.50% per month, equating to 30.0% per annum, calculated from the transaction.
- The minimum amount due encompasses 5% of the Total Outstanding (Minimum Rs. 200), along with all relevant taxes, EMI (if applicable), and any overdue (OVL) amount.
Cash Advance
- Access cash advances of up to 80% of your credit limit, with a daily maximum of Rs. 12,000.
- No interest-free credit period is applicable for cash advances.
- Finance charges for cash advances are up to 2.50% per month, equivalent to 30.0% per annum, starting from the withdrawal date.
Read Also: SBI Student Plus Advantage Credit Card:Eligibility, Features, Benefits, Process 2023
Cash Advance Fee
- For transactions at SBI ATMs or other ATMs, a fee of 2.5% of the transaction amount applies, with a minimum charge of Rs. 300.
- When using international ATMs, a fee of 3% of the transaction amount is imposed, with a minimum charge of Rs. 300.
Additional Fees
- Fee for Cheque Pick-Up: Rs. 90
- Payment Dishonor Fee: 2% of the payment amount, with a minimum of Rs. 350
- Retrieval of Statements: Rs. 100 per statement that is two months or older
- Retrieval of Charge Slips: Rs. 225 per charge slip
- No charge for the total amount due from Rs. 0 to Rs. 200.
- A fee of Rs. 100 for the total amount due greater than Rs. 200 and up to Rs. 500.
- A fee of Rs. 400 for the total amount due greater than Rs. 500 and up to Rs. 1,000.
- A fee of Rs. 500 for the total amount due greater than Rs. 1,000 and up to Rs. 10,000.
- A fee of Rs. 750 for the total amount due greater than Rs. 10,000.
- Overlimit Fee: 2.5% of the overlimit amount, with a minimum charge of Rs. 500.
- Card Replacement Fee: Rs. 100
- Emergency Card Replacement (Overseas): Actual cost, with a minimum of $175.
- Foreign Currency Transaction Fee: Conversion mark-up of 3.5%
- Rewards Redemption Fee: Rs. 99
- Cash Payment Fee: Rs. 100
Surcharge
- Overlimit Charge: 2.5% of the overlimit amount, with a minimum of Rs. 500.
- Fee for Card Replacement: Rs. 100
- Emergency Card Replacement Abroad: Incurs the actual cost, with a minimum of $175.
- Foreign Currency Transaction Fee: A 3.5% conversion mark-up applies.
- Cost for Rewards Redemption: Rs. 99
- Cash Payment Handling Fee: Rs. 100
Sequence of Payment Resolution
Payments for a cardholder account will be allocated in the following order: Minimum Amount Due (inclusive of all applicable taxes, EMI on EMI-based products, and 5% of Total Outstanding), Fees & Other Charges, Interest Charges, Balance Transfer Outstanding, Purchase Outstanding, and Cash Advance.
Things to know
- We do not accept checks payable outside the clearing zones. Payments must be made with local checks or drafts payable in Delhi only.
- All applicable taxes will be levied on the mentioned Fees, Interest, and Charges.
Continuing to use the card implies your acceptance of these changes.
Contact Information for SBI Card Helpline:
Call 39 02 02 02 (prefix your local STD code) or 1860 180 1290 for assistance.
If you have any inquiries or suggestions regarding “SBI Credit Card Unnati,” please share them using the comment box below.
FAQ?
Some of the primary advantages of SBI credit cards include no or minimal joining fees, contactless transactions, enticing reward programs, valuable partnerships, and the Flexipay facility, among others.
Once the necessary documents are submitted, the bank may require up to 21 days to process the application.
