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SBI Credit Card

Last Updated 09th Dec 2019

SBI Credit Card Online

Polpular SBI Cards Interest Rate Annual Fee
SBI Card ELITE 3.35% 4,999
SBI Card PRIME 3.35% 2,999
SimplySAVE SBI Card 3.35% 499
IRCTC SBI Platinum Card 3.35% 300
Yatra SBI Card 3.35% 499
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Compare & Apply for SBI Credit Cards Online in India

SBI Credit Cards Category Joining Fee Monthly Interest Charge
Air India SBI Platinum Card Premium, Travel and Airline Rs. 1,499 3.35%
Air India SBI Signature Card Premium, Travel and Airline Rs. 4,999 3.35%
BPCL SBI Card Fuel Rs. 499 3.35%
Etihad Guest SBI Card Premium, Travel and Airline Rs. 1,499 3.35%
Etihad Guest SBI Premier Card Premium, Travel and Airline Rs. 4,999 3.35%
FBB Contactless Card Lifestyle, Shopping Rs. 499 3.35%
IRCTC SBI Platinum Card Travel and Airline Rs. 500 3.35%
Mumbai Metro SBI Card Travel and Airline NIL NIL
SBI Card ELITE Lifestyle, Premium, Shopping Rs. 4,999 3.35%
SBI Card PRIME Lifestyle, Premium, Shopping Rs. 2,999 3.35%
SimplyCLICK SBI Card Lifestyle, Shopping Rs. 499 3.35%
SimplySAVE SBI Card Lifestyle, Rewards, Shopping Rs. 499 3.35%
Yatra SBI Card Shopping, Travel and Airline Rs. 499 3.35%

Why choose SBI Credit Cards?

The State Bank of India offers the widest range of credit cards with great benefits, deals and discounts. The wide variety of cards cater to all types of needs such as shopping, dining, travel, fuel, and movies. SBI credit cards offer Reward Points on all purchases which can be redeemed in its huge array of partner stores.

Top SBI Credit Cards

SBI Card ELITE: Unlock a world of privileges with the SBI Elite Card. This SBI credit card offers a host of shopping benefits at the best travel and lifestyle brands such as Yatra, Marks & Spencer, etc. The card also offers two complimentary movie tickets worth Rs. 6,000 every year, and premium lifestyle privileges like international and domestic lounge programme, Club Vistara Silver membership, Trident Privilege membership and generous reward points on all spends.

SBI Card PRIME: SBI Prime Card is one of the best lifestyle cards which offers various milestone benefits such as Club Vistara Silver membership, Trident Privilege membership and lounge access. The card helps you save in the form of reward points and vouchers for shopping at partner retail stores and dining.

SimplySAVE SBI Card: The SBI SimplySAVE card really stands up to its name by offering unlimited benefits in the form of Reward Points. The card has worldwide acceptance and offers 10x Reward Points on dining, movies, departmental stores and grocery spends, with fuel surcharge waiver.

IRCTC SBI Platinum Card: The SBI IRCTC Platinum Card reserves pure platinum privileges for you in the form of exclusive Reward Points on all railway bookings through IRCTC. This card also helps you save online transaction charges and fuel surcharge.

Yatra SBI Card: As the name suggests, the Yatra Card by SBI offers many travel benefits such as discounts domestic and international flight bookings, air accident insurance, and lounge access. The card also comes with joining Reward Points, vouchers and fuel surcharge waiver.

SBI Credit Card Eligibility

Income: The minimum income of the applicant should be ₹ 20,000 for salaried employees and annual income after tax deduction should be ₹ 4 Lakh for self employed. Usually, SBI gives a credit limit of 2 to 3 times of the monthly income you earn. For salaried individuals, it is based on the net monthly salary and in case of self-employed individuals, it is based on the income declared in IT return filed for the last financial year. In case you have an existing credit card from SBI or from any other bank, then SBI will not check your income and your credit card eligibility will be checked based on existing credit card's transaction history.

CIBIL Score: Most banks, including SBI prefer a credit score of 700 and above before sanctioning a credit card for you. A lower score reduces your chance of getting credit card approval. A high credit score would allow you to get an easy approval on credit card. If you already have a credit card then SBI checks your existing credit card's transaction and payment history to ensure that you are capable to make repayments on time.

Existing Relationship with SBI: If you already have an account with SBI, you have a higher chance of getting a credit card. SBI comes with special credit card schemes for its existing bank holders which would mean higher credit limit, waiver or discount on joining fees and annual fees and special promotional offers as a joining pack. In addition, if you have been maintaining a good balance in your account consistently over the , past few years, you are more likely to secure a higher credit limit on your card.

Age: Bank has different credit cards targeted at different age groups and income groups of borrowers. You can apply for a credit card from SBI if you are at least 21 years old upto maximum age group of 70 years. However, the minimum age to get a credit card from SBI varies by various schemes depending on the card your choose to apply for.

Documents required for SBI credit card

The type of credit card documents required differ for new and existing card holders. Existing credit card holders are those who already own a credit card either from SBI or from any other bank. In this case, income documents are not required.

Document Type For New Card Holders For Existing Card Holders
Identity Proof PAN card, Driving License, Voter ID card, Passport PAN card, Driving License, Voter ID card, Passport
Address Proof Bank statement, Rent agreement, Voter ID card, Ration card, Passport, Driving License, Postpaid Number Bank statement, Rent agreement, Voter ID card, Ration card, Passport, Driving License, Postpaid Number
Income Proof
  • In case of salaried Individual- Last 3 months salary slips, 6 months bank statement for salary account
  • In case of self-employed- Latest IT returns with computation of income or certified financial documents, Proof of business continuity
Not Required
Existing Card Proof Not Required Front copy of card, 1 latest statement within 15 days

Frequently Asked Questions

Who can apply for SBI credit card?

To apply for SBI Credit Card online or offline, the minimum age of the applicant should be at least 21 years and not more than 60 years at the time of applying for a credit card. In addition to this, the applicant must meet the other eligibility criteria also such as minimum income, regular employment and good credit score. The bank does not offer credit card to applicants who have made any default payments in the past.

How can I get SBI credit card?

To apply for SBI Credit Card, follow these simple steps:

Register: Apply for a Credit Card online by filling an easy application form.

Select a Credit Card: Choose a Credit Card which best suits your needs and lifestyle.

Submit Documents: Submit KYC and income documents to the bank’s representative.

Get Approved Instantly: Receive instant approval on your SBI Credit Card after document verification.

After card approval, you will receive your credit card within 10 to 15 days.

What is the interest rate of SBI credit card?

The Interest rate on SBI Credit Card varies from card to card. However, the interest rate charged on late-payment of credit card bill ranges can go upto 3.35% per month from the transaction date.

How many types of SBI credit cards are there?

SBI offers a variety of credit cards to suit your need and lifestyle. SBI offers various lifestyle cards, reward cards, shopping cards, travel and fuel cards, and banking partnership cards. Some of them are SimplySAVE SBI Card, SimplyCLICK SBI Card, SBI Card PRIME, IRCTC SBI Platinum Card, Yatra SBI Card, Air India SBI Signature Card, STYLEUP Contactless Card, SBI Card ELITE and Mumbai Metro SBI Card etc. You can choose the SBI card that suits your requirements.

Can I apply online for SBI credit card?

Yes, one may easily apply for a range of SBI credit card online in less than 2 minutes by filling an online application form containing your personal and occupational details. Before doing so, check your eligibility criteria first in the 'SBI Credit Card Eligibility' section and compare the range of SBI Credit cards offered by the bank and choose the card that suits your need the best.

Which credit card is best in SBI?

Some of the best credit cards of SBI are: BPCL SBI Card, SimplyCLICK SBI Card, and SimplySAVE SBI card.

What is the minimum salary for SBI credit card?

The minimum salary required is Rs. 20,000 per month.Thus individuals with the eligible salary can go for SBI credit card apply.

Which SBI credit card has no annual fee?

The card with no annual fee is Mumbai Metro SBI Card.

What are SBI credit card charges?

Some of the important SBI credit card charges that you should know are; Foreign Transaction Fee - 3.5% Card replacement fee - Rs. 100 Cash payment charge - Rs. 100 Late payment charges - Rs. 100 to 750 Cash advance fee - 2.5% of transaction (minimum Rs. 300) Over limit fee - 2.5% of over limit amount (minimum Rs. 500).

Credit Card News - Dec 2019
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More