Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
The State Bank of India has launched 'Aditya Birla SBI card' in collaboration with Aditya Birla Finance Ltd (ABFL), the lending subsidiary of Aditya Birla Capital Ltd. This is a lifestyle credit card and is available in two variants ‘Aditya Birla SBI Card’ and ‘Aditya Birla SBI Card SELECT’, on the Visa platform.
The Aditya Birla SBI Card comes with the following features:
The Aditya Birla SBI credit card comes with the benefits listed below:
| Category | Benefit |
|---|---|
| Welcome benefits |
|
| Milestone benefits |
|
| Reward benefits |
|
| Aditya Birla Stores exclusive benefits |
|
| Fuel surcharge waiver |
|
| Lounge benefits |
|
The fees and charges of Aditya Birla SBI credit card are as follows:
| Fee Type | Charge |
|---|---|
| Joining fee | Rs.499 + taxes |
| Renewal fee | Rs.499 + taxes |
| Add-on Fee | Nil |
| Cash Advance Fee |
|
| Finance Charges | 3.50% per month or 42% per annum |
| Payment dishonor fee | 2% of the payment amount; minimum of Rs.450 |
| Statement request | Rs.100 per statement (more than 2 months old) |
| Cash payment fee | Rs.250 |
| Late payment | From Rs.0 to Rs.500 - Nil More than Rs.500 up to Rs.1,000 - Rs.400 More than Rs.1,000 up to Rs.10,000 - Rs.750 More than Rs.10,000 up to Rs.25,000 - Rs.950 More than Rs.25,000 up to Rs.50,000 - Rs.1,100 More than Rs.50,000 - Rs.1,300. |
| Cheque payment fee | Rs.100 |
| Over limit fee | 2.5% of the over limit amount; minimum of Rs.600 |
| Rewards redemption fee | Rs.99 |
| Foreign currency transaction | 3.50% |
The eligibility criteria for Aditya Birla SBI credit card is as follows:
The following documents are required to apply for Aditya Birla SBI credit card:
In order to avail yourself of the Balance Transfer on EMI facility for Aditya Birla SBI credit card, follow the steps mentioned below:
Step 1: Log into sbicard.com
Step 2: Choose the ‘Benefits’ link on left hand navigation
Step 3: Select the ‘Balance Transfer on EMI’ option
Step 3: Enter all the required details and confirm to book ‘Balance Transfer on EMI’ option.
You can also call on the SBI card helpline at 39 02 02 02 (prefix local STD code) /1860 180 1290 (from BSNL/MTNL lines) and make a request to avail ‘Balance Transfer on EMI’ facility.
In order to avail yourself of the Flexipay facility for Aditya Birla SBI credit card, follow the steps mentioned below:
Step 1: Log into sbicard.com
Step 2: Select the ‘Flexipay’ option from left hand navigation under the ‘Benefits’ section.
Step 3: Select the transaction(s) >Rs.500 you want to convert into Flexipay,
Step 4: Enter all the required details and confirm the booking.
You can also call on the SBI card helpline at 39 02 02 02 (prefix local STD code) /1860 180 1290 (from BSNL/MTNL lines) and make a request to avail the ‘Flexipay’ facility.
No, the flexipay facility is not available for add-on card holder.
Yes, the contactless payment mode allows payment of up to Rs.5,000 only. For payments above Rs.5,000 you need to swipe the credit card.
Yes, you can repay the amount before the EMI tenure ends. However, a charge of 3% on the outstanding principal + GST will be applicable.
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