SBI Student Plus Advantage Credit Card:Eligibility, Features, Benefits, Process 2023

SBI Student Plus Advantage Credit Card: State Bank of India (SBI), the largest bank in India, boasts a rich legacy of offering comprehensive banking services through its extensive network of branches spread across the nation. Among the wide array of financial services provided by SBI, credit cards designed for different needs, including shopping, travel, and lifestyle, stand out. Among these diverse credit card options, the SBI Student Plus Advantage Credit Card is specifically tailored to cater to the unique preferences and requirements of the student community.

SBI Student Plus Advantage Credit Card Eligibility

S.No.	Criteria	Eligibility
1	Age	Should not be a minor, i.e. at least 18 years
2	Nationality	Must be Indian
3	Apply	Click Here

SBI Student Plus Advantage Credit Card Features

1. Enrollment and Yearly Upkeep Charge:

S.no	Type of fee	Amount
1	Annual fee – One time	Nil
2	Renewal fee	Free – If the total purchases on the card are Rs. 35,000 or more in the preceding year
		Rs. 500 – If the total purchases on the card are less than Rs. 35,000 in the preceding year
3	Add-on Fee	Nil

2. Add On Card

If you are over 18 years of age and have a positive credit history as an existing education loan customer with SBI, you have the option to acquire an additional add-on card for a family member at no additional expense.

However, if you are under 18 years old, a primary card will be issued in your parent’s name, and an add-on card will be provided under your name.

3. 2.5% cashback offer:

When you use your SBI Student Plus Advantage Card for shopping at department stores and grocery stores, you can earn a cashback of up to 2.5% of your total expenditure (equivalent to receiving 10 Cash Points for every Rs. 100 spent). Please note that this cashback scheme does not apply to fuel purchases.

What is the value of a cash point?

Each cash point holds a value of Rs. 0.25, which translates to a 2.5% benefit. You can begin redeeming your accumulated cash points once you have earned a minimum of 2000 points.

Read Also: SBI Credit Card Check Balance: अब घर से करे क्रेडिट कार्ड का Balance, Available Limit, Reward चेक 2 मिनट में

Cash Withdrawal and Global Acceptance:

Cardholders have the convenience of cash withdrawals at more than 1 million Visa and MasterCard ATMs, allowing them to access up to 80% of their specified cash withdrawal limit. The SBI Student Plus Advantage Card is an internationally accepted credit card, and it can be utilized at a vast network of over 24 million establishments worldwide, with a notable presence of 3,25,000 outlets within India.

Flexi Pay Option For SBI Student Plus Advantage Credit Card

Should you find it challenging to make a full repayment in a month after making a purchase exceeding Rs. 2500, you have the option to utilize the Flexi Pay feature, allowing you to convert the transaction into convenient EMIs that can extend over periods of 6, 12, or 24 months.

SBI Extended Credit

SBI Exclusive Card

• Exclusive Eligibility:
  • The SBI Student Plus Advantage Card is specifically reserved for State Bank of India’s education loan customers.
• Card Acquisition:
  • Obtain your SBI Student Plus Advantage Card by pledging a fixed deposit at any State Bank of India branch.

Advantages of the SBI Student Credit Card:

Now, let’s explore the benefits of the credit card:

• Global Acceptance:
  • Accepted worldwide at 24 million outlets, including 3,25,000 in India.
• Reward Points:
  • Earn reward points with card usage, redeemable for various purposes.
• Generous Cash Withdrawal Limits:
  • Enjoy high cash withdrawal limits, up to 80% of your total assigned limit.
• Balance Transfer:
  • Facilitates the transfer of outstanding bill balances to other credit cards, offering lower interest rates for payment.

Applying for an SBI Student Credit Card:

You can submit your credit card application online by following these steps:

• Visit the official SBI website and navigate to the “credit cards” section, selecting the appropriate category.
• Click on the “Apply Now” option and complete the application form.
• Upload the necessary documents and click “Submit.”
• Receive an instant decision on your application after submission.
• If your application is approved, you’ll be contacted by the SBI team for verification.
• Upon successful verification, the bank will issue you a credit card.

Booking Railway Tickets Online

To book railway tickets online and have them delivered to your doorstep, simply follow these steps on irctc.co.in:

1. Register for free.
2. Log in using your username and password.
3. Follow the website’s instructions to make your reservations.
4. Complete your payment using your SBI Card at the payment gateways that accept Visa Cards.

FAQ?: SBI Student Plus Advantage