Diabytes
SBI Credit Card News
)
SBI Credit Card Rules July 2025: SBI Cards rules have undergone several changes with effect from 15 July 2025. These rules pertain to Minimum Amount Due, complimentary Air Accident insurance coverage and Order of Payment Settlement. Here's the details.
)
SBI Cards has announced several changes to its rules for customers with effect from 15 July 2025. These rules pertain to Minimum Amount Due, complimentary Air Accident insurance coverage and Order of Payment Settlement. Check details.
)
Continue reading to learn more about the best credit card companies that offer complimentary access to airport lounges in India and abroad.
)
From IRCTC Ticket Booking To SBI And ICICI Credit Card Updates: The Reserve Bank of India (RBI) has unveiled a new framework for Domestic Money Transfers (DMT) reportedly. Meanwhile, the Indian Railways has reduced the advance ticket booking period from 120 to 60 days. LPG rates are updated, and SBI and ICICI Bank have revised their credit card fees. Adding further, TRAI has introduced message traceability measures to help reduce spam and fraud.
)
ICICI Bank Credit Card Rules: ICICI Bank has not only reduced benefits on insurance, utility bills, fuel surcharges, and grocery purchases, but also doubled the spending limit for using airport lounges.
)
The joining and annual renewal fee for the KrisFlyer SBI Card is Rs 2,999 plus applicable taxes, and Rs 9,999 plus applicable taxes for the KrisFlyer SBI Card Apex.
)
The accumulation of reward points on rent payments for select cards will end on April 15, 2024.
)
The rent payment rewards will not be available after April 1, 2024.
SBI Card discontinues physical cards for DreamFolks membership from March 1.
SBI Card will implement a new formula for calculating MAD.
)
The SBI sent emails to its credit card holders informing them about the changes. "With effect from 15 Mar 2024, the definition for Minimum Amount Due (MAD) will be revised," it said.
)
SBI Cards and Payment Services, in an email to clients, stated that rates on SBI Card would be with effect from 17th March 2023.
)
In an email to clients, SBI Cards and Payment Services Fee stated that rates on SBI Card would be revised as of 17th March 2023.
)
SBI Processing Fee would increase from the current Rs 99 plus applicable taxes from 17 March 2023 onwards.
)
From 17 March 2023, SBI Processing Fee will be revised from Rs 99 plus applicable taxes to Rs 199 plus applicable taxes.
)
State Bank of India Cards & Payment Services has revised certain rules for its SimplyCLICK Cardholders that will come into effect from January 2023. As per the State Bank of India Cards & Payment Services website, two rules regading redemption of voucher and Reward Points will be changed in the New Year 2023.
)
SBI Cards & Payment Services credit cards has increased its fee by Rs 100 on EMI transactions
SBI Credit Card users will now have to pay Rs 99+taxes on rent payments
SBI is second bank to levy a charge on rent payments using credit cards
)
SBI credit cardholders will have to pay a processing fee of Rs 99 plus tax.
The cmpany will charge processing fees on EMI purchases made by its customers at retail outlets.
The charge is also applicable on online EMI purchases.
)
A customer can only avail of its cashback offer if an individual possesses an SBI credit card and also needs to shop at Croma stores or the Croma website.
This offer is valid till June 27, 2021, and also buyers will have to make a minimum transaction of Rs 20,000.
This offer is only applicable on EMI transactions and the customers will be awarded a flat cashback of Rs 1000 per card account per offer.
)
The EMI details include for 6 months, a customer needs to be Rs 177.5 per Rs 1,000 purchase, for 12-months tenure, the EMI stands at Rs 93.5.
According to the SBI card claims, the customers will be able to convert their purchase into Flexipay within 30 days of the transaction which should be Rs 500 and the minimum booking amount is Rs 2500.
)
It came to the notice that balance in prepaid card system has been altered fraudulently for authorisation of three foreign travel cards belonging to a single individual.
)
To tap opportunities arising out of limited cash supply following demonetisation, SBI Cards will soon launch credit cards aimed at the lower income group who have the capacity to pay but don't have cards, besides quickening card delivery period to 2-3 days.
Loading...
 "Will Hindus get justice in Bengal's Murshidabad?")
 "DNA: Uproar over freebies in Delhi!")
 "DNA: AIMIM plans to field 2020 Delhi riots accused Shahrukh Pathan")
 "DNA: A report showing the reality of Bangladesh")
 "DNA: Power Theft Allegations Against SP MP Ziaur Rahman Barq")
 "DNA: Hot Tea Linked to Cancer Risk!")
 "DNA: Why Jordan Fears After Syria’s Coup?")
 "DNA: NSA Ajit Doval’s China Visit - Inside Story")
 "DNA: Gandhi Family Ruined My Career, says Mani Shankar Aiyar")
 "DNA: Ground Report- Tight Security Arrangements for Mahakumbh")
