SBI Card

• Get more out of your SBI Signature Contactless Card Reward Points by redeeming against the finest lifestyle brands.
  Please Click Here to browse through the catalogue

• Daily purchases now made easy with SBI Signature Contactless Card. Simply wave your contactless card at a secure reader and your transaction is done. It’s fast, easy and incredibly convenient.

• No need to hand over your card or look for cash /coins for everyday small ticket purchases. Simply wave your card & go. It’s as fast & convenient as that.

• During a contactless transaction the card never leaves your hand; significantly reducing the risk of card loss and fraud due to counterfeit (skimming). Even if the card is waved multiple times at the reader, the unique security key feature of Visa payWave will ensure that only one transaction goes through, thus making it more secure.
• Please Click here to download the FAQ’s.
• Please Click here to download the list of Merchants enabled for contactless transactions.

• Withdraw cash from over 1 million Visa ATMs worldwide

• Get a 2.5% fuel surcharge waiver, on every transaction between Rs. 500 to Rs. 4,000, at any petrol pump across the country. Purchase fuel worth Rs. 500 to Rs. 4,000, to avail this benefit
• Get a maximum surcharge waiver of Rs. 250 per statement cycle, per credit card account

• SBI Signature Card is accepted at over 2 million Visa outlets worldwide and over 2,85,000 outlets in India

• With SBI Signature Card, you can empower your family with add-on cards for your parents, spouse, children or siblings above the age of 18

• Get complimentary credit card fraud liability cover of Rs. 1 lakh
• This cover is liable from the period of 48 hours prior to reporting of loss till 7 days post reporting of loss. Please call SBI Card helpline to report card loss:
  • Dial 39 02 02 02 (prefix local STD code) or 1860 180 1290

• Get enhanced security against counterfeiting and skimming with the chip and pin enabled SBI Signature Card

• Never miss the due date for paying your electricity, insurance, telephone and other utility bills, with the Easy Bill Pay facility on your card
• Earn Reward points on payment of bills, made using this facility
• Click here to know more about Easy Bill Pay

• With Flexipay, convert your transactions in easy monthly installments. Just transact for Rs. 2,500 or more using your SBI Signature Card, and log on to sbicard.com within 30 days of purchase to convert it into Flexipay
• Click here to learn how to apply for Flexipay

• Save money while paying your credit card dues
• Transfer the outstanding balance of other banks’ credit cards to your SBI Signature Card, to avail a lower rate of interest and pay back in EMIs
• Click here to know more about Balance Transfer on EMI

• With Easy Money, you can get a draft or cheque against your cash limit and get it delivered to your doorstep
• Log on to sbicard.com to book Easy Money

• You can book your railway tickets online and get them delivered at your doorstep
• Go to irctc.co.in and follow the below steps:
  • Register free of cost
  • Log in with your user name and password
  • Follow instructions on the website to make your reservations
  • Make payments through your SBI Card at the payment gateways that accepts all MasterCards
  All transactions on irctc.co.in are governed by the terms and conditions of irctc.co.in

• Get your SBI Signature Card replaced anywhere in the world
• 24x7 helpline for emergency card replacement even while travelling abroad. Click here for Visa helpline numbers
• In case your card is lost in India, please call
  • Dial 39 02 02 02 (prefix local STD code) or 1860 180 1290

• Annual Fee (one time): Rs. 4,999
• Renewal Fee (per annum): Rs. 4,999 from second year onwards
• Add-on Fee (per annum): Nil

• Interest free credit period: 20-50 days, applicable only on retail purchases and if previous month’s outstanding balance is paid in full
• Finance charges: Up to 3.35% per month, accounting to 40.2% per annum, from the date of transaction
• Minimum amount due: 5% of Total Outstanding (Min. Rs. 200 + all applicable taxes + EMI ( In case of EMI based product) + OVL amount (if any)

• Cash advance limit: Up to 80% of the credit limit, with a maximum of Rs. 15,000 per day
• Free credit period: Nil

• SBI ATMs or other ATMs: 2.5% of transaction amount, subject to a minimum of Rs. 300
• International ATMs: 3% of transaction amount, subject to a minimum of Rs. 300

• Statement retrieval: Rs. 100 per statement that is more than 2 months old
• Payment Dishonor fee: 2% of the payment amount, subject to a minimum of Rs. 350
• Charge slip retrieval: Rs. 225 per charge slip
• Late payment:
  • Nil for total amount due from Rs. 0 to Rs. 200
  • Rs. 100 for total amount due greater than Rs. 200 and up to Rs. 500
  • Rs. 400 for total amount due greater than Rs. 500 and up to Rs. 1,000
  • Rs. 500 for total amount due greater than Rs. 1,000 and up to Rs. 10,000
  • Rs. 750 for total amount due greater than Rs. 10,000
• Overlimit: 2.5% of overlimit amount subject to a minimum of Rs. 500
• Card replacement: Rs. 100
• Emergency card replacement, when abroad: Nil
• Foreign currency transaction: Conversion mark up : 3.5%
• Rewards redemption fee: up to Rs. 99, Nil for redemptions on Signature Book of Rewards
• Cash Payment Fee: Rs. 100

• Railway tickets through counters: Rs. 30 + 2.5% of transaction amount
• Railway tickets through irctc.co.in: 1.8% of transaction amount + service charge, as applicable
• Petrol and other products or services sold at petrol pumps:    2.5% fuel surcharge waiver for each transaction between Rs. 500 and Rs. 4,000, exclusive of applicable taxes, wherever applicable, and all other charges. Maximum surcharge waiver of Rs. 250 per statement cycle, per credit card accounts.
  2.5% of transaction amount (Min. 10) for transaction Amount Betweeen Rs. 500 to Rs. 4,000

All payments made for a cardholder account will be settled in the order of Minimum Amount Due (which is inclusive of all applicable taxes + EMI on EMI based products + 5% of Total Outstanding), Fees & Other Charges, and Interest charges, Balance Transfer Outstanding, Purchase Outstanding and Cash Advance.

• Cheques payable outside clearing the zones are not accepted. We accept payment through local cheques or drafts payable in Delhi only.
• All taxes would be charged as applicable on all the above Fees, Interest & Charges.

Your continued use of the card will be deemed acceptance of these amendments.

For assistance, please call SBI Card helpline at:

Dial 39 02 02 02 (prefix local STD code) or 1860 180 1290

All information in this communication is correct as per June 2011 and is subject to change at the discretion of SBICPSL. SBI Card most important terms and conditions are also available at sbicard.com

For detailed terms and conditions please click here