Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Custom Free
     

    Get a card

  • How to Close or Cancel SBI Credit Card

    Loading your search...
  •  

    Although credit cards are one of the most useful products in the world of finance, sometimes, cardholders find it difficult to maintain them. Also, they might feel the urge to opt for a different card altogether. In such cases, cardholders would need to close or cancel the credit card that they want to stop using. This involves a simple process and will ensure that the cardholder doesn't have to pay unnecessary fees and charges. Let's take a look at the importance of closing or cancelling a credit card and the process involved in it.

     

    How To Close Or Cancel An SBI Credit Card?

    SBI credit cardholders can close or cancel their SBI credit cards using the methods listed below:

    • By calling the Helpline number: SBI credit cardholders, who want to cancel or close their credit card account, can do so by calling the toll-free number,1860-180-1290, or 39-02-02-02 (by using the local STD code as prefix).
    • By writing to SBI placing a request to close the credit card on the following address: SBI Card, PO- Bag 28, GPO, New Delhi-110001.

    The cardholder will need to mention their name, address, the card number, and their contact details. They should refrain from mentioning confidential information like the card’s CVV number or PIN.

    Once the cardholder has initiated the process of closing or cancelling the credit card, they can cut the concerned card diagonally. Once the primary cards are terminated by the bank on the cardholder’s request, all the add-on cards availed will also get cancelled automatically.

     

    Things To Check Before Closing Or Cancelling An SBI Credit Card

    Though it is understood that a cardholder can cancel or close a credit card any time they want to, there are a few points that they should check before initiating the process of cancellation. Listed below is a checklist for cardholders for the same:

    • Make sure that the dues are paid: In case the cardholder has an outstanding due on the credit card that they want to close or cancel, the bank will notify them by sending them a letter. Only once the cardholder clears the pending amount, will the credit card cancellation process be initiated. According to the guidelines laid by SBI, before the cardholder initiates a process to cancel or close their credit card, they should settle all outstanding balance and all the EMIs that the card in question carries.
    • Redemption of reward points: Before closing or cancelling their SBI credit card, the cardholders should check their reward points that haven’t been used. They must redeem them for products from the bank’s catalogue of rewards or use them to bag good discounts. Cardholders can redeem the unused reward points within 45 days of cancellation of the card.
    • Card should not be used just before initiation of cancellation: It is not advisable to use the card just before initiation of the cancellation process as it will still generate a statement of payment that the cardholder will need to pay. Also, the bank will not entertain a cancellation request if there’s a fresh payment due on it.
    • Latest statement should be checked thoroughly: Cardholders should thoroughly check the latest statement of the card that they wish to cancel to make sure that there are no fraudulent transactions made on it.
     

    Does A Cancelled Or Closed Credit Card Affect The Cardholder’s Cibil Score?

    If a cardholder owns a number of credit cards and chooses to cancel one of them, the amount of credit available to them reduces to some extent. This leads to an increase in the credit utilization ratio which ultimately has a negative impact on the cardholder's CIBIL score. In case, the cardholder has only one credit card that they wish to cancel or close after paying all the dues on it, they can do that without disturbing their credit score.

     

    How To Reactivate A Closed SBI Credit Card?

    Applicants can call the bank on their helpline number 1860-180-1290, or 39-02-02-02 (by using the local STD code as prefix) or write to them at sbicorporate.services@sbicard.com. After the completion of necessary documentation and formalities, the bank will reactivate their closed or cancelled SBI credit card.

     
      

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    How to Close or Cancel SBI Credit Card Reviews

    • review Credit Card
      "Fraud card"
      0.5 0.5/5 "Unacceptable"
      Fraud call comes. Information leaks from sbi card. Please avoid taking this card, I got a call from this number from 7064177052 and it knows my registered number and expiry date and which card it is. Please do not take this card if you want to avoid fraud
      Was this review helpful? 2
      , ranchi
      Reviewed on Dec 31, 2019
    • review
      review Credit Card
      "Best card"
      0.5 5.0/5 "Blown Away!"
      I am using SBI credit card more than 2 years. From SBI they given for an annual fee chargeable card Rs. 499, but there is an option for a waiver off for a certain amount usage within a year. The limit is given for a sufficient and good. Customer service and responsiveness was good.I am getting reward points, i got 500 points still i haven't used.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 09, 2019
    • review Credit Card
      "Life time card"
      0.5 5.0/5 "Blown Away!"
      I have been using SBI credit card for the past 6-7 months. Customer service was excellent in this bank and credit limit was good. Annual charges for this card is Rs. 500 and waiver off i am not sure but this card is very helpful for me. I am having one application and am receiving my credit card statements through that.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 09, 2019
    • review Credit Card
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have SBI credit card which was taken through Online .This card is good to use and the credit limit was ok .There are very useful cash back offers as well as reward points .There was proper callback and follow up from bank end .I have submitted the required documents through the agent .
      Was this review helpful? 0
      , meerut
      Reviewed on Dec 01, 2019
    • review Credit Card
      "Best Service"
      0.5 4.0/5 "Great!"
      I have SBI credit card which was taken through Online.I have got this credit card recently not even a week but used once.The credit limit was sufficient and this was a chargeable one .I have not checked any cash back offers as well as reward points .I am satisfied with the service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 30, 2019
    • review Credit Card
      "Best card"
      0.5 5.0/5 "Blown Away!"
      I have taken a IRCTC SBI PLATINUM credit card. I am using this card more than 2 and half years. This is a life time free credit card. I am getting reward points for that i can book train ticket booking. Customer service and responsiveness was good.
      Was this review helpful? 1
      , bangalore
      Reviewed on Nov 29, 2019
    • review Credit Card
      "Good Service"
      0.5 4.0/5 "Great!"
      I have SBI credit card which was taken through Online . I am satisfied with their service so far .They have provided with good credit limit, I am using this credit card for the past 3 months. It is good to use and there was no issues. I am satisfied with the service as well.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 25, 2019
    • review Credit Card
      "Best for shopping"
      0.5 5.0/5 "Blown Away!"
      I have taken SBI bank credit card recently. This is a life time free card and also i am using this card for fuel purpose, some times i will do other shopping. Credit limit is okay and also this international card. Customer service and responsiveness was good.
      Was this review helpful? 0
      , salem
      Reviewed on Nov 20, 2019
    • review Credit Card
      "un supporting attatude"
      0.5 0.5/5 "Unacceptable"
      1)Pending Interaction Id :- 1-627921969192) Pending Interaction Id:- 1-640283402353) Pending Interaction Id:- 1-64685599909 I think above pending interaction ID showing your service and and you customer care capability.if any one responsible person reading this email kindly show your seniors.  I Will definitionally close my card asap because your service and commitment.
      Was this review helpful? 2
      , pune
      Reviewed on Nov 18, 2019
    • review Credit Card
      "Do not take SBI Card"
      0.5 1.0/5 "Really Bad"
      Do not Take SBI Cards. No security at all. My all details of the card got leaked from SBI and I became entrapped in money fraud. SBI is so irresponsible that they even don't take any responsibility and saying that the money to be paid by me. #Wah #SBI #Wah
      Was this review helpful? 5
      , kolkata
      Reviewed on Oct 22, 2019
    • review Credit Card
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am holing a State Bank of India credit card I have been using this card for the pas 6 months. SBI's rate of interest is very low in comparison to other banks. Credit limit is also sufficient. I am getting good cashback. It's not a lifeitme free card.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 18, 2019
    • review Credit Card
      "Good"
      0.5 4.0/5 "Great!"
      I got a credit card from State Bank of India which is Co-branch of KVB. I have been using Platinum card for about 3years. The annual fee is not applicable since am a staff of KVB. They have offered a limit of 75K and it wil be happy if they could do higher also. Am getting an offers for fuel filling and Amazon purchase which I never used it. Once I paid the payment delayed for one day, they have charged me highly.
      Was this review helpful? 4
      , ramanathapuram
      Reviewed on Oct 11, 2019
    • review Credit Card
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I am using State Bank Of India credit card which was taken through Bank direclty.I am using this credit card for the past 2 years ,The credit limit was really good and it was upto 50,000.This was a free card ,customer service is really good and banking service is also good ,I have got all the required details about the card process very clearly through the agent .
      Was this review helpful? 0
      , begusarai
      Reviewed on Oct 04, 2019
    • review Credit Card
      "Better"
      0.5 4.0/5 "Great!"
      I use SBI credit card for a year, they have provided me a balance transfer option which is good. I haven't interacted with the customer support. The credit limit is decent. The annual fee is applicable of Rs.300 or 400. I am getting reward points and discounts when I am doing shopping from Big Bazaar.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 19, 2019
    • review Credit Card
      "Good"
      0.5 5.0/5 "Blown Away!"
      I am using a State Bank of India credit card. I have been using this card for the past two years. Credit limit is only 57 thousand, I was expecting at least 1.5 lakhs. it's a lifetime free credit card. Their bill payment system is very simple and easy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 18, 2019
    • review Credit Card
      "Good"
      0.5 5.0/5 "Blown Away!"
      I am holding a State Bank of India Credit card for the past 2-3 years. I am really happy with the features of this card. Credit limit is also sufficient for me. Annual fee is chargeable. There is reward points and offers. Bill payment is very easy.
      Was this review helpful? 1
      , mumbai
      Reviewed on Sep 18, 2019
    • review Credit Card
      "EMI interest should be economical"
      0.5 4.0/5 "Great!"
      SBI credit card rate of interest is huge for the emi I have been holding this card for last two years. I converted Rs.25,000 into emi for nine months of duration with the interest rate of 9.5% per annum its should be reduced as per the market. But I like this card because many offers provided by SBI especially at amazon, big bazaar shoppings.
      Was this review helpful? 1
      , chennai
      Reviewed on Sep 14, 2019
    • review Credit Card
      "Credit limit should be upgraded"
      0.5 5.0/5 "Blown Away!"
      This is a good card I am using it for last 5 to 6 years but I have concern about my SBI credit card limit though I am an existing customer they didn't increase the limit and I have good credit score as well so they should consider. But they do have airport lounge or travel bookings discounts.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 14, 2019
    • review Credit Card
      "Not Satisfied"
      0.5 3.0/5 "Satisfactory"
      I am holding a State Bank of India credit card. I have been using this card more than 2 years. My credit limit is very less, it's only 35 thousand. Their charges are more in comparison to other banks. I am not satisfied with their customer service, very difficult to reach them.
      Was this review helpful? 12
      , bangalore
      Reviewed on Aug 26, 2019
    • review Credit Card
      "Not satisfied"
      0.5 3.0/5 "Satisfactory"
      I had a State Bank of India credit card. I used that card for almost 4 years. I deactivated the card because credit limit was very very low. My credit limit was only 10 thousand. I had to pay annual fee Rs. 500. I am not satisfied with their customer service.
      Was this review helpful? 12
      , hyderabad
      Reviewed on Aug 26, 2019
    Common Loader Icon
    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.