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Overview State Bank of India Debit Cards

SBI (State Bank of India) has a huge customer base for credit cards and debit cards. The card section is one of the most profitable products of the bank. In recent years, there has been a huge increase in debit cardholders along with credit cardholders on account of the push to the digital economy vision of the Government. The debit cards issued by the bank are of multiple types offering many benefits to the cardholders along with access to their funds from anywhere and at any time. In this article, you can find all that you need to know about SBI debit cards.

What is a debit card?

Debit cards are a form of digital money that can be used by cardholders to make payments to merchants and e-commerce portals directly from the available balance the cardholder held in their bank account linked with the debit card. While credit cards have a fixed credit limit based on various factors, debit cards do not have such limits. However, the amount that can be spent by the cardholder is only up to the extent of the funds available in their bank account subject to the minimum balance limits.

What are the types of debit cards issued by SBI?

SBI has multiple types of debit cards that can be issued under the personal banking segment of the bank. These cards are based on the specific needs of the cardholder to allow them to get maximum benefits of their digital money as well as additional benefits in the form of discounts or rewards, etc. as the case may be.

The different types of debit cards issued by SBI are,

Type of cardChargesDaily Purchase limitRewards

SBI Global International debit card

  • Issuance Charges – NIL
  • Annual maintenance charges – Rs. 125 (excluding GST)
  • Card replacement charges – Rs. 300 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 75,000 (Rs. 50,000 monthly on select international websites)

  • Activation bonus – 200 points
  • Additional 2 points for every spend of Rs. 200 on shopping, dining out, fill fuel, travel or e-commerce

SBI Gold International debit card

  • Issuance Charges – Rs. 100 (excluding GST)
  • Annual maintenance charges – Rs. 175 (excluding GST)
  • Card replacement charges – Rs. 300 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 2,00,000 (Rs. 50,000 monthly on select international websites)

  • Activation bonus – 200 points
  • Additional 2 points for every spend of Rs. 200 on shopping, dining out, fill fuel, travel or e-commerce

SBI Platinum International debit card

  • Issuance Charges – Rs. 300 (excluding GST)
  • Annual maintenance charges – Rs. 250 (excluding GST)
  • Card replacement charges – Rs. 300 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 2,00,000 (Rs. 50,000 monthly on select international websites)

  • Activation bonus – 200 points
  • Additional 2 points for every spend of Rs. 200 on shopping, dining out, fill fuel, travel or e-commerce

SBI Mumbai Metro Combo card

  • Issuance Charges – Rs. 300 (excluding GST)
  • Annual maintenance charges – Rs. 250 (excluding GST)
  • Card replacement charges – Rs. 300 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 75,000 (Rs. 50,000 monthly on select international websites)

  • Activation bonus – 200 points
  • Additional 2 points for every spend of Rs. 200 on shopping, dining out, fill fuel, travel or e-commerce

SBI My Card International Debit card

  • Issuance Charges – Rs. 250 (excluding GST)
  • Annual maintenance charges – Rs. 175 (excluding GST) from 2nd year of issue
  • Card replacement charges – no replacement allowed. A fresh card can be issued at a cost of Rs. 250 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 75,000 (Rs. 50,000 monthly on select international websites)

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SBI IOCL Co-Branded Contactless RuPay Debit Card

  • Issuance Charges – Rs. 300 (excluding GST)
  • Annual maintenance charges – Rs. 250 (excluding GST) for global variant and Rs. 250 (excluding GST) for platinum variant
  • Card replacement charges – Rs. 300 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 75,000 for global variant and Rs. 2,00,000 for platinum variant

  • 6 reward points for every spend of Rs. 200 at IOCL outlets
  • 2 reward points for every spend of Rs. 200 at POS/E-Comm other than IOCL IOCL 
  • I reward point = INR 0.25

Electronic Card for Overdraft Account

  • Issuance Charges – NIL
  • Annual maintenance charges – Rs. 125 (excluding GST) for the standard variant and Rs. 250 (excluding GST) for platinum variant
  • Card replacement charges – Rs. 300 (excluding GST)

Daily POS/E-comm transaction limit – Rs. 75,000 for standard variant and Rs. 2,00,000 for platinum variant

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What is debit card EMI?

Debit cards can be used to make online payments for various necessities or luxuries without the hassles of making cash or cheque payments. Now, a few select banks have also started the facility of EMI on debit cards which are activated for select customers based on their history with the bank and other factors like income levels. According to this facility, customers can make their purchases and pay for them in flexible EMI options for selected tenure. These are in the nature of short-term loans and the maximum tenure for such loans is up to 18 months approximately.

About SBI

SBI is the largest bank in our country in terms of market capitalization, assets and market share. It has the largest connectivity in the form of a huge network of branches that has the maximum reach even to the remotest parts of the country. The bank has unique banking solutions for retail and corporate customers as well as other services like wealth management, insurance, etc.

SBI Debit Cards FAQs

1. Who is eligible for SBI Debit cards?

A. The eligibility for SBI debit cards is given below,

CriteriaRequirement

Age

Minimum – 21 years

Maximum 60 years

Additional requirement 

Must have an SBI bank account 

2. Can a person have more than one debit card?

A. Yes. There is no restriction on the maximum number of debit cards that can be held by any person. SBI Debit cards can be issued for every account held by the account holder.

3. Can a person have multiple debit cards for a single account?

A. Yes. A person can have multiple debit cards for a single account provided the debit card issued are of different types and the charges to be paid for each are duly paid by the cardholder.

4. Is the SBI debit card a Visa Card or a Mastercard?

A. The SBI debit card can either be VISA verified, Mastercard Verified or RuPay card depending on the card type.

5. Is the SBI Debit card eligible for withdrawal from ATM?

A. Yes. Cardholders can withdraw from the ATM using their SBI debit cards subject to certain daily transactional limits depending on the type of card.

6. Can a person surrender the SBI debit card?

A. Yes. A person can surrender the debit card facility if they do not find any use for it or can simply not renew it after expiry.

7. How can a person know if they are eligible for SBI Debit card EMI?

A. Customers can send an SMS ‘DCEMI’ to 567676 from their registered mobile number to know if they are eligible for SBI Debit card EMI.

Latest & Update Sbi Debit Card News

Attention SBI Debit Card Users: ATM Transactions to Cost More 17 Jun 2021

The SBI has stated that ATM withdrawal charges will be hiked following the RBI’s circular. From 1st January 2022, customers will be charged Rs. 21 per cash withdrawal at SBI ATMs beyond the permitted free transactions. The interchange fee for financi...

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The SBI has stated that ATM withdrawal charges will be hiked following the RBI’s circular. From 1st January 2022, customers will be charged Rs. 21 per cash withdrawal at SBI ATMs beyond the permitted free transactions. The interchange fee for financial transactions will be increased to Rs. 17 and Rs. 6 for non-financial transactions from 1st August 2021.

SBI and IOCL Launch Co-branded Contactless RuPay Debit Card28 Jan 2021

You can now enjoy extra rewards every time you fuel with the newly launched SBI IOCL Debit Card. SBI has partnered with Indian Oil Corporation Limited to launch a new contactless RuPay debit card. The card offers 6 reward points for every Rs. 200 spe...

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You can now enjoy extra rewards every time you fuel with the newly launched SBI IOCL Debit Card. SBI has partnered with Indian Oil Corporation Limited to launch a new contactless RuPay debit card. The card offers 6 reward points for every Rs. 200 spent at Indian Oil petrol pumps. There is no upper limit on the amount spent on purchasing fuel every month. Customers can redeem the reward points earned on the card for dining, entertainment, grocery and utility bills. The card is available pan-India and can be applied by visiting your nearest SBI branch.

SBI Launches RuPay Debit Card in Partnership with Japan’s JCB16 Dec 2020

SBI and JCB (Japan Credit Bureau) have partnered to launch a contactless debit card under the RuPay network. This card comes with a dual-interface, allowing for contact and contactless payments both in India and overseas. Customers can use this card ...

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SBI and JCB (Japan Credit Bureau) have partnered to launch a contactless debit card under the RuPay network. This card comes with a dual-interface, allowing for contact and contactless payments both in India and overseas. Customers can use this card to withdraw cash at JCB ATMs across the world. The card also supports offline-wallet based transactions. Customers can preload the offline wallet and use it to pay at PoS outlets in India as well as at buses and metro stations.

SBI Extending OTP Requirement for ATM Withdrawals throughout the Day18 Sep 2020

As a measure to increase the security of debit cardholders and prevent unauthorised withdrawals, SBI is now making OTPs mandatory for ATM withdrawals throughout the day. Earlier, OTP was required only for withdrawals made between 8 pm and 8 am. From ...

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As a measure to increase the security of debit cardholders and prevent unauthorised withdrawals, SBI is now making OTPs mandatory for ATM withdrawals throughout the day. Earlier, OTP was required only for withdrawals made between 8 pm and 8 am. From 18th September 2020, SBI customers will have to provide the OTP sent to their registered mobile number, along with the debit card PIN for withdrawals over Rs. 10,000 at all SBI ATMs across the country.

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