Cards / SBI Card

Joining fee

₹2,999

Annual fee

₹2,999

Waiver spend

₹3,00,000

Forex markup

3.5%

Fee waiver

Spend ₹3,00,000 in a card year and the next annual fee is waived.

That is about ₹25,000 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.

  Source

• 10 January 2026Worse for you

  Domestic lounge access is limited to a set list of lounges by card tier (Set A and Set B).

  Source

All card changes in 2026

Work it out for this card

How the app counts rewards

• 10 points per ₹100 on dining, groceries, movies and department stores (up to 7,500 points a month)
• 2 points per ₹100 on other spends

No rewards on fuel, rent, wallet loads.

Airport lounges

• Domestic: 8 visits a year
• International: 4 visits a year

Max 2 visits a quarter each; international visits via Priority Pass

Points

Reward Points, worth about ₹0.25 each on the usual redemption. Expire after 2 years.

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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