SBI Credit Card

Benefits of SBI Credit Cards

As mentioned above, different SBI cards come with different features and benefits. However, some common benefits are applicable to each SBI credit card.

Add-on Cards- With your primary credit card, you can avail add-on cards for your spouse, parents or children above the age of 18 years. Such cards usually come with the same benefits as primary cards.

Encash Facility- Cardholders can avail instant cash using Encash Facility and pay off in easy instalments of up to 48 months. Encash offer is given over and above the existing credit limit of the user whereas Encash Inline is given within the existing credit limit.

Flexipay Feature- You can convert big purchases into easy EMIs, using SBI Card’s Flexipay feature. Choose from a tenure of 3, 6, 9, 12, 18 or 24 months to convert transactions above Rs. 2,500 made during the last 30 days.

Balance Transfer- If you have high balances on other bank credit cards and find it difficult to pay off, you can transfer the balance to your SBI credit card and save on the finance charges. Balance transfers also carry interest but it will be much lower than the finance charges applicable on revolving balances.

Overlimit Facility- You can also spend more than your available limit by using the overlimit facility on your SBI Credit Card. However, overlimit charges will be applicable.

Automated Utility Bill Payment- To manage all your utility bill payments, you can set standing instructions on your SBI Card. This is known as Easy Bill Pay feature.

Insurance Cover- Some SBI Credit Cards, particularly premium cards, also offer complimentary insurance covers such as air accident insurance cover, overseas hospitalization cover and more.

Easy Access via SBI Card Mobile App- SBI credit cardholders can manage their credit cards with ease on the SBI Card Mobile App. They can make SBI credit card payment, check statement, unbilled transactions, use the additional services like Encash, Flexipay, etc.

SBI Credit Card: Eligibility & Documentation

The general eligibility criteria to avail an SBI Credit Card is listed below:

SBI Credit Card Bill Payment

SBI Card allows several online and offline ways through which the cardholders can make their SBI credit card bill payment as listed below:

Offline Payment

You can either pay by visiting the nearest SBI ATM using your SBI debit card, drop your bill payment cheque in the dropbox or even pay over the counter at any SBI branch.

Online Payment

You can make your SBI credit card bill payment online using various payment gateways as listed below.

PayNet BillDesk- You can pay your bill on SBI BillDesk PayNet-Pay Online payment gateway. You can either choose to pay directly by entering the bank net banking details or use any of your debit cards from select banks.

UPI- SBI credit card bill payment can also be paid using any UPI QR code, Pay by VPA (Virtual Payment Address) facility or via BHIM SBI Pay.

Net Banking- You can pay your credit card bill by logging in to your net banking account on Online SBI portal. You can pay via NEFT or through any other bank’s net banking facility as well by selecting the option of SBI ‘Visa Credit Card Pay’.

SBI Apps- SBI YONO mobile app or website and SBI Card mobile app both can be used to make your SBI credit card payment.

NACH- National Automated Clearing House (NACH) is another mode which allows you to make auto bill payments by issuing monthly credit card bill payment cheques automatically. You just have to authorise the payment when asked.

MasterCard MoneySend- Any third-party payment app which supports MasterCard MoneySend payment mode also allows you to make SBI credit card bill payment online.

Electronic Bill Payment (EBP)- You can pay your SBI credit card dues using EBP service via net banking, mobile or ATM service of SBI bank, Citibank, Indian Overseas Bank or Bank of India.

FAQs

1. Which SBI credit card is good for beginners?

SBI SimplySAVE and SBI SimplyCLICK are the two most popular entry-level SBI credit cards offered to beginners. Both of these cards come at an annual fee of Rs. 499 and are good for you if you wish to get a decent set of benefits for a low annual fee. SimplySAVE is a good option to save on your retail shopping spends whereas SBI SimplyCLICK is beneficial if you frequently shop online. You should take your pick as per your spending preferences.

2. What is SBI credit card limit? How to increase it?

The total credit limit on your SBI credit card is the maximum amount you can spend using your card. As you keep using the card, the limit reduces and it replenishes when you pay your credit card bills. The limit you would get on your SBI Card depends on a lot of factors including your income, credit score, limit offered on your existing cards and the internal policies of the credit card provider. If you have had your SBI Card for a long time and have been regular with usage and payments, SBI Card may offer you a limit increase on their own. The same will be conveyed to you via SMS or email. However, if you do not receive a limit increase from the provider, you can request the same by writing to them. You may also be required to submit latest income proofs along with it.

3. How to redeem SBI credit card reward points?

You can redeem the accumulated reward points on SBI credit cards online by logging into SBI Card’s official website or by visiting the partner merchant store/portal (in case of co-branded cards). Alternatively, you can call the SBI credit card helpline to redeem your reward points. Note that points can be redeemed in the multiple of 2,000 unless otherwise stated. Click here to know more about SBI credit cards reward points redemption.

4. How to close SBI credit card?

To close your SBI credit card, you can call the SBI credit card helpline or write to SBI customer support. Your card closure will be subject to all dues being paid in full. You should also see if you have any reward balance and redeem the same before closing your card. Note that the closure of primary credit card will automatically lead to the cancellation of add-on cards as well.

5. How to activate SBI credit card?

There are 3 ways to activate your SBI credit card- SBI Card Net Banking, SBI Credit Card app or email. To use the net banking facility, you must first be registered for the same. Once registered, login and navigate to the ‘Requests’ tab, then go to ‘Card Activation’. Authorize the same by clicking on the ‘Activate’ button. A similar process will be followed for Mobile App. Alternatively, you can also write an email, call customer support or chat with their chatbot ILA for card activation. Click here to read in detail.

6. Are there any SBI credit cards designed in collaboration with other banks?

Yes, several banks have collaborated with SBI Card to design and launch credit cards. Click here to view the complete list of SBI Card banking collaboration credit cards.

7. How to block SBI credit card?

To block your SBI credit card, you can SMS BLOCK XXXX (where XXXX are the last 4 digits of your SBI Credit Card) and send it to 5676791. You can also call SBI Card helpline 18601801290 or 39020202 (prefix local STD code) for the same.

8. How to generate SBI credit card PIN?

You can generate SBI credit card through SBI Credit Card app, website, Chatbot ILA or IVR. The process slightly varies for each method. To generate/change the PIN via SBI Card website, you must first login using your customer ID and password. Then you can go to the ‘Manage PIN’ section, choose the card and authenticate using OTP. You will now have to enter the new PIN twice and proceed. Click here for details on other steps.

9. How to convert SBI credit card transactions into EMIs?

If you did not convert your purchases into EMIs at the time of purchase, you can still do so later, using SBI Card’s Flexipay Facility within 30 days of the purchase. Minimum booking amount is Rs. 2,500. You can bunch multiple transactions above Rs. 500 to avail Flexipay. A one-time processing fee of 2% of the booking amount (minimum Rs. 249, maximum Rs. 1,500) will be levied. Interest rate is 20% p.a. but it can also vary as per the applicable offers.

10. Which is the best SBI credit card?

SBI offers a number of credit cards that can offer benefits specific to varying customer needs. To choose the best credit card for you , you must analyze your spending pattern across different categories. For instance, if you are looking for a travel credit card from SBI you can consider opting for Air India SBI Signature Credit Card, IRCTC SBI Card Premier, Club Vistara SBI Card Prime, or Yatra SBI Credit Card etc. For savings on fuel, you can look for BPCL SBI Card Octane. Similarly for benefits on shopping spends, SBI SimplyCLICK or SBI SimplySAVE will be a good option. Thus, the best SBI credit card for you would be the one that offers maximum value-back on your frequent purchases.

11. How to track SBI credit card application status?

If you have applied for an SBI credit card and wish to track your application status, you can do it either online or offline. For online tracking of your application, you can visit the official website of SBI Card, and look out for option ‘Track your application’. Here you need to enter your application/reference number. In addition to that, you can also follow the offline way by contacting the SBI credit card customer care at 1860-180-1290.