SBI Offers a range of credit cards for everyone’s needs and requirements. Let us take a look at what are the top SBI credit cards that one should go for.
Top SBI Credit Cards in 2023
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SBI Card PRIME Business |
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Minimum Savings |
Rs. 33,000 annual savings |
Rs. 4,000 annual savings |
Rs. 30,000 annual savings |
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Welcome Gift |
Worth Rs. 5,000 |
Welcome offer worth Rs. 500 |
E gift voucher worth Rs. 3,000 |
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Rewards |
5X reward points on grocery, departmental stores, and dining spends |
10X reward points on grocery, departmental stores, movies, and dining spends |
5X reward points on grocery, departmental stores, movies, and dining spends |
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2 reward points for every Rs. 100 spent |
1 reward point on every Rs. 100 spent |
7.5X rewards on Preferred partners and 10X rewards on birthdays |
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4 reward points = Re.1 |
4 reward points = Re.1 |
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Vouchers |
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Pizza hut e-voucher worth Rs. 1,000 on quarterly spends of Rs. 50,000 |
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Pantaloons/Yatra gift voucher worth Rs. 7,000 on annual spends of Rs. 5 lakhs |
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Fuel Surcharge Waiver |
Up to Rs. 250 every month |
Up to Rs. 100 every month |
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BookMyShow offer |
2 movie tickets every month worth Rs. 250 |
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Priority Pass Program |
Complimentary membership |
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4 complimentary visits to international lounges |
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Complimentary membership to Trident Privilege Red tier and Club Vistara Silver Tier |
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Concierge Services |
Exclusive services for lifestyle offer |
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Rewards Catalogue |
Exclusive rewards catalog across categories like travel, superstore, holiday vouchers, etc. |
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Annual fee reversal |
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On spends of Rs. 1 lakh a year |
On spends of Rs. 3 lakhs a year |
Key Highlights of SBI Card Elite Advantage
- Annual and Renewal fee of Rs. 4,999
- Welcome gift voucher worth Rs. 5,000
- Mastercard/Visa Privileges
- Complimentary 4 rounds of golf
- 10% off on Hertz car rental
- 35% off on Avis car rental
- Benefits across 900 luxury hotels around the world
- Offers on Kaligo.com
- Fraud liability cover up to Rs. 1 lakh
- Flexipay – Flexibility to pay back in installments
- Balance transfer on EMIs
Key Highlights of SBI Simply SAVE SBI Card
- Annual and Renewal fee of Rs. 499
- Rs.100 cash back on your very first ATM cash withdrawal
- Flexipay – Flexibility to pay back in installments
- Balance transfer on EMIs
Key Highlights of SBI Card Prime Business
- Annual and Renewal fee of Rs. 2,999
- Welcome gift worth Rs. 3,000
- Waiver of annual fee on spends of Rs. 3 lakhs
- E-gift voucher from Yatra worth Rs.7,000 on spends of Rs. 5 lakhs
- Metro loyalty program
- Yatra – Rs. 750 discount on flight bookings above Rs. 6,000
- Yatra – 20% off on hotel bookings
- Get 15% off on F&B at Lalit hotels
- 25% off on bookings at Sarovar hotels
- 20% off on booking hotels and homestays via travelguru.com
- 15% off on Bookmyad on the text and display classified ads
- Club Vistara membership
- Flexipay – Flexibility to pay back in installments
- Balance transfer on EMIs
Fees and interest charges for SBI Credit Cards
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Type of fee |
Fee |
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Cash Advance Fee |
2.5% or Rs.500, whichever is higher |
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Cash Payment Fee |
Rs. 250 + Taxes |
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Interest-free grace period |
20-50 days |
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Finance charges |
3.5% monthly (42% annually) |
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Late payment charges |
NIL for outstanding between 0-500 |
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Rs. 400 for outstanding between Rs. 500 to Rs.1,000 |
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Rs. 750 for outstanding between Rs. 1,000 to Rs.10,000 |
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Rs. 950 for outstanding between Rs. 10,000 to Rs.25,000 |
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Rs. 1100 for outstanding between Rs. 25,000 to Rs.50,000 |
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Rs. 1300 for outstanding greater than Rs.50,000 |
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Payment Dishonor fee |
2% of the payment amount subject to a minimum of Rs. 500 |
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Rewards Redemption Fee |
Rs.99 |
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Card Replacement fee |
Rs.100 to Rs.250 |
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Credit Limit increase fee |
Rs.200 |
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Network change fee |
Rs.200 |
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Cheque payment fee |
Rs.100 |
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Foreign currency transaction fee |
3.50% |
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Processing fee |
Rs.99 |
The application process for SBI Credit Cards via CreditMantri
Applying for the SBI Credit Cards via CreditMantri is a simple and straightforward process. You can do that in a few simple steps listed below –
- Click on “Apply”
- Fill in details like Mobile number, email ID, Residence city, Residence pin code, Employment type, and info about any loans that you may have
- Tick all checkboxes for agreement terms.
- Click on “Submit”
- Input the OTP received on your registered mobile number.
- Proceed with the rest of the application to complete the process.
The application process for the SBI Credit Cards via the SBI website
- Go to the SBI official website
- Go to the “Credit Cards” section
- Choose the credit card you like
- Click on “Apply Now”
- Keep your documents ready – PAN Card, Photograph, Aadhaar number, Bank A/c details
- Click on “Start Apply Journey”
- Fill up the rest of the details to complete the application
Conclusion
SBI Credit cards offer the best benefits and features among the credit cards available in India. They have attractive offers on travel, lifestyle, movies, grocery, golf, etc. Comparing not only the benefits but also the charges will help you choose the right credit card according to your needs and financial status.
FAQ of Best Sbi Credit Cards in India 2023:
1:Can I get an SBI credit card instantly?
It might take some days to get an SBI credit card as they will complete the KYC and then approve the credit card.
2:What is the highest credit card limit in SBI?
The highest credit card limit in SBI cards is Rs. 4.5 lakhs.
3:What is the credit period for an SBI credit card?
The interest-free credit period for an SBI credit card is between 20 to 50 days.
4:What is the minimum credit score required for an SBI credit card?
A credit score of 750 and above is great for getting an SBI credit card.