SBI Advantage Credit Card | offers | Fees and Charges | Information
SBI Advantage Credit Card ✓ Details on SBI Advantage Credit card ✓ latest offers ✓ Fees ✓ Charges ✓ Benefits ✓ Apply Online.
SBI Advantage Card can be used in over 24 million outlets across the globe, including 3, 25,000 outlets in India. Just look for the Visa/MasterCard sign of acceptance and present your card for payment.
Credit Facility SBI Advantage Card now offers you great flexibility of payment. With the extended credit option you can plan your outstanding payments as is suitable to you. You can pay any amount from the minimum amount due to the total outstanding amount due as shown in your Monthly Statement. You can then carry forward the unpaid balance at one of the lowest finance charges available.
Cash on the go
As an SBI Cardholder, you can withdraw cash from over 1 million VISA/MasterCard ATMs (Please check the logo on the front of your card before using) across the globe, including 18,000 ATMs in India. In addition to this, you get access to over 10,000 SBI ATMs across 100 plus cities in India.
Book your railway tickets online
Now book your railway tickets online and getting them delivered at your doorstep. Experience the convenience of booking your tickets online with your SBI Advantage Card. All you need to do is:
1. Register free of cost on www.irctc.co.in
2. Log-in with your username and password on www.irctc.co.in
3. Book your ticket as per instructions on the website
4. Make payment through your SBI Card on the website through either of the two payment gateways which accept all MasterCards. Kindly note: All transactions on www.irctc.co.in are governed by terms & conditions of www.irctc.co.in
Utility Bill Payment Facility
With the Easy Bill Pay facility from SBI Credit Card you can be rest assured you will never ever forget paying your utility bills on time. All your utility bills like electricity, insurance, telephone will get paid before the due date with this facility from SBI Card.
Guaranteed peace of mind
Your sense of security is our priority.SBI Card automatically gives you complete peace of mind with our SBI Card Customer Helpline and 24-hr VISA/MasterCard (Please check the logo on the front of your card before using) Global Customer Assistance Services available across the world in case of any emergency.
Balance Transfer on low interest rates
Heres your chance to save money while paying your credit card dues! SBI brings you a fast and convenient way to transfer the outstanding amount from your other card to your SBI card at the lowest rates of Interest.
Flexipay
Flexipay, the easy installment plan from SBI Card lets you buy just about anything and repay in easy monthly installments. Choose the plan best suited to your financial needs and avail of a low rate of interest. All this through a simple phone call within 10 days of your purchase. Call the Helpline for details now!
Easy Money Facility
Now you can order a bank draft any time by just making a local phone call to the SBI Card Customer Helpline. The amount of the draft will be billed directly to your SBI Card. You’ll find it useful for payments of various bills, taxes, fees and a lot more. For more details please call the SBI Card helpline.
Convenience of Technology
E-statement
No postal delays. No lost statements. No late payments. Just the convenience of getting your monthly statement delivered directly to your email inbox. Giving you global access 24 hours and seven days a week.
Fees and Charges of SBI Advantage Credit Card
| Joining Fee (One time) | NIL |
| Annual Fee (p.a.) | Upto Rs.250 |
| Add-on Fee (p.a.) | Upto Rs. 100 |
Extended Credit
| Interest Free Credit Period | 20-50 days (applicable only on retail purchases and if previous months outstanding balance is paid in full) |
| Finance charges | Upto 1.99% p.m. (23.88% p.a.) from the transaction date |
| Minimum Amount Due | 5% of Total Outstanding (Min Rs. 200) + Govt. Service Tax |
Cash Advance
| Cash Advance Limit | Upto 80% of Credit Limit |
| Free Credit Period | NIL |
| Finance charges | Upto 1.99% p.m. (23.88% p.a.) from the date of withdrawal |
Cash Advance fees
| SBI ATMs/Other Domestic ATMs | 2.5% of withdrawal amount or 300/- (WIH) per transaction |
| International ATMs | 3% of withdrawal amount or 300/- (WIH) per transaction |
Other Charges & Fees
| Protection Plus Insurance scheme* | Personal Accident ( insurer RSA) – Rs. 24 p.m. Suraksha Plus ( insurer SBI life) – 0.1% of Total Outstanding Admin Fee – Rs. 20 p.m. |
| Cheque Pickup | Rs 90/- |
| Cheque Bounce/ Invalid Cheque | 2% of Cheque dishonor amount (Min Rs. 350, Max Rs. 500). |
| Statement Retrieval | Rs. 100 per Statement (> 2 months old) |
| Chargeslip Retrieval | Rs. 225 per Chargeslip |
| Late Payment | NIL for Total Amount Due upto Rs. 500; Rs. 100 for Total Amount Due from Rs. 501 – Rs. 1,000; Rs. 350 for Total Amount Due from Rs. 1,001 – Rs. 5,000;Rs 500 for Total Amount Due from Rs 5,001 – Rs 10,000; Rs. 600 for Total Amount Due from Rs. 10,001 – Rs. 25,000; Rs. 700 for Total Amount Due above Rs. 25,000 ; |
| Overlimit | 2.5% of Overlimit Amount (Min. Rs. 500) |
| Card Replacement | Rs. 100 |
| Emergency Card Replacement (When Abroad) | Actual Cost ( Min.$ 175) |
| Foreign Currency Transaction | Conversion mark up: 3.5% |
| Card Upgrade Fee | Upto Rs. 500 |
| Rewards Redemption Fee | Rs 99/- Plus GST |
Surcharge
| Railway Tickets – Railway Counters | Rs. 30 + 2.5% of transaction amount |
| Railway Tickets – www.irctc.co.in | 1.8% of transaction amount + service charge, as applicable |
| Petrol & all products/services sold at petrol pumps | 2.5% of transaction amount (Min. Rs. 10) |
Order of Payment Settlement
| Order of payment settlement | Minimum Amount Due ( which is inclusive of GST + EMI on Loan plans + 5%of Total Outstanding ) , followed by Fees and other charges, Interest Charges, Balance Transfer Outstanding, Retail Outstanding and Cash Advance. |
# Card finance charge is dynamic and will be based on the cardholder’s usage and payment patterns and is subject to periodic review
* Nil on Cash advance.
** Insurance is optional and a subject matter of solicitation.
*** Cheques payable outside clearing zones not accepted. We accept payment through local cheques /drafts payable in Delhi only.
Service tax as applicable on all above fee, interest and charges.
Your continued use of the card will be deemed acceptance of these amendments.
SBI Card Helpline
From BSNL/MTNL Lines 1800 180 1290
From All Other Lines 39 02 02 02
All information in this communication is correct as per August 2009 and is subject to change at the discretion of SBICPSL.
