SBISBI CardOLA Money SBI CardVisa
OLA Money SBI Card Credit Card
SBI Card · with Ola Money · Cashback
7% back on Ola rides, 1% back on other spends.
- Joining fee
- Free
- Annual fee
- ₹499
- Waiver spend
- ₹1,00,000
- Forex markup
- 3.5%
Fee waiver
Spend ₹1,00,000 in a card year and the next annual fee is waived.
That is about ₹8,333 a month.
Work out what you still need to spend
Recent changes
- 1 May 2026Worse for you
Late payment charge becomes Rs 100 for dues of Rs 100 to 500 and Rs 500 for dues of Rs 500 to 1,000.
Work it out for this card
Compare with other cards
Fee waiver: what is left to spend
Card EMI or personal loan?
Cost of paying only the minimum
How the app counts rewards
- 7% back as points on Ola rides (up to 500 points a cycle)
- No points on Cleartrip
- 1% back as points on other spends
No rewards on fuel, rent.
Points
Reward Points, worth about ₹1 each on the usual redemption.
Checked against the bank's terms. Banks change terms often, so check the latest terms before applying.
Taken from the bank's page. Rules data version 2026.10.04.
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