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    Karur Vysya Bank SBI Credit Card

    Card
    1st Year Fee
    Rewards
    Joining Perks
    -
    Response Time Within 30 minutes

    Karur Vysya Bank SBI Credit Card

    Fees & Charges

    Promised Interest Rate

    Customer Service

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    Credit Card BYTES FROM OUR KITCHEN

    Karur Vysya Bank SBI Credit Card Overview:

    Your life becomes simpler and smarter with a Karur Vysya Bank SBI Credit Card in your wallet. Save on every purchase, enjoy unbeatable offers, get rewarded with outstanding gifts and fulfil your every need with a Karur Vysya Bank SBI Credit Card. Be it shopping, dining, everyday purchases or a holiday, this card is your favourite companion offering you exceptional privileges, deals and an attractive rewards program. Adding value to every purchase, the Karur Vysya Bank SBI Credit Card is a must-have card for every individual who wants to shop and save at the same time. Introduced as a co-branded credit card between SBI and Karur Vysya Bank, this card comes with a plethora of features, with customers getting back more rewards than what they have spent.

    Benefits of a Karur Vysya Bank SBI Credit Card:

    Karur Vysya Bank SBI Credit Card holders can enjoy a load of benefits with every purchase rewarding them with attractive offers and deals.

    Welcome Offers:

    SBI offers a cash back of Rs 100 on the first ATM cash withdrawal done within 30 days after receiving the Karur Vysya Bank SBI Credit Card.

    Cash Points:

    Customers can earn 1 cash point for every Rs 100 they spend using their Karur Vysya Bank SBI credit cards. Accrued cash points can be used to redeem gifts from the rewards catalogue and can also be used pay the outstanding balance.

    Shop & Smile Reward Program:

    This program from SBI offers exclusive gifts for accumulated power points available on a Karur Vysya Bank SBI credit card. Customers can choose to redeem points for gift vouchers, accessories, electrical appliances and lifestyle products. Every purchase done with a Karur Vysya Bank SBI credit card gets customers Power points which can be redeemed by calling the SBI Card Helpline and the gift will be delivered at the customer’s doorstep.

    Value Back:

    Accelerated cash points can get customers value back offers of up to 2.5% on grocery shopping and departmental purchases. Every Rs 100 spent gets card holders 10 rewards points.

    Fuel Surcharge Waiver:

    Card holders can enjoy a surcharge waiver of 2.5%, every time they refuel at any petrol bunk across the country. This waiver is valid only on transactions done for a value between Rs 500 and Rs 3000.

    Features of a Karur Vysya Bank SBI Credit Card:

    A Karur Vysya Bank SBI Credit Card offers a bouquet of unbeatable features and privileges, custom-made to make everyday purchases, hassle free.

    SBI Card Online:

    Using the SBI Card web portal customers can view credit card account statements, hotlist stolen cards, place requests for statements, pay bills, change personal details and win exciting prizes from SBI.

    SBI Card Alerts:

    Customers can get alerts regarding their credit card status as an SMS on their mobile phones. Mini statements, credit limits, cash limits, cheque alerts and payment assistance alerts can be got using the SBI Card alerts.

    Global Acceptance:

    The Karur Vysya Bank SBI Credit Card is recognized worldwide at over 24 million merchant outlets, which accept Visa or MasterCard cards.

    Add-on Cards:

    Primary card holders can get add-on cards for their family members including parents, spouse, siblings or children over the age of 18.

    Credit Facility:

    Karur Vysya Bank SBI Card holders can enjoy complete flexibility with regards to their outstanding payments. Using the extended credit facility, customers can choose to pay any amount from their minimum amount and outstanding amount, reflecting in their credit card statements.

    Instant Cash:

    Customers can have access to instant cash with money withdrawals possible at over 1 million Visa and MasterCard ATMs, worldwide.

    Railway Ticket Booking:

    Individuals can comfortably book railway tickets on IRCTC from the convenience of their homes, using their Karur Vysya Bank SBI credit cards. SBI also offers the door drop facility for card holders.

    Easy Bill Pay:

    Customers can set standing instructions on their Karur Vysya Bank SBI card and have their utility bills paid automatically before the due date via the Easy Bill pay facility. This facility also includes a Top-up or Recharge feature for E-tag, DTH, Mobiles and Data Cards.

    Customer Support:

    SBI provides 24/7 customer support to card holders for any emergencies through the VISA & MasterCard Global Customer Assistance Services and the SBI Card Customer Helpline. This service can be accessed by customers from anywhere in the globe.

    Balance Transfer:

    SBI also offers customers the flexibility of transferring their existing credit card balances from other banks to the Karur Vysya Bank SBI credit card at very low interest rates.

    Easy Money:

    Personal commitments can be easily handled by placing a request for a bank draft from SBI. The amount requested in the draft will be billed directly to the customer’s Karur Vysya Bank SBI card. Customers need to contact the SBI Card Helpline to avail this facility.

    Flexipay:

    Make high-value purchases on a Karur Vysya Bank SBI card and repay the outstanding balance as easy monthly installments. SBI provides various installment plans to customers at low interest rates and card holders can choose any plan suitable to their financial needs.

    E-statements:

    State Bank of India provides 24/7 access to monthly credit card statements by delivering them to a customer’s email address as e-statements.

    SBI Card Drop Box Locator:

    Customers can easily locate a SBI Card Drop Box nearest to them, through the SMS alert service provided by State Bank of India.

    Insurance:

    The Card Protection Plan offered by SBI includes loss reporting, emergency hotel and travel assistance, fraud protection, replacement service for lost PAN cards and SIM blocking services. SBI also provides hospitalisation benefits, hospital cash benefits and Accident Shield Insurance for the card holder’s family during emergency situations. Two comprehensive medical insurance policies are also offered namely - Medisafe, with cashless services and No-claim bonus benefits and the Family Health Floater plan, which covers inpatient hospitalisation for parents, spouse and dependent children.

    Documents required:

    • PAN card
    • ID proofs (Any one) -
      • Passport
      • Driving License
      • Voter’s ID
      • UID Aadhar Number
      • PAN card

    Eligibility:

    Customers can apply for a Karur Vysya Bank SBI Credit Card if they meet the required annual income criteria as stipulated by State Bank of India. The eligibility for a customer is determined only based on this criteria.

    Fees & Charges:

    Annual Fee Rs. 499
    Joining Fee Rs. 499
    Add-on Fee (per annum) Nil
    Extended Credit - Interest Free Credit Period 20 to 50 days (only for retail purchases)
    Extended Credit - Charges Up to 3.35% per month
    Extended Credit - Minimum Amount Due 5% of the total outstanding amount or a minimum of Rs 200
    Cash Advance limit Up to 80% of the set credit limit / Rs 12,000 for Gold Cards
    Free Credit Period Nil
    Cash Advance - Charges Up to 3.35% per month
    Cash Advance fee - SBI or other domestic ATMs 2.5% of the withdrawal amount or a minimum of Rs 300/- per transaction
    Cash Advance fee - International ATMs 3% of the withdrawal amount or a minimum of Rs 300/- per transaction
    Late Payment Charges SBI does not charge any fee for outstanding amounts of up to Rs 200. For amounts above Rs 200, the banks charges late payment fees ranging from Rs 100 to Rs 750, depending on the outstanding amount.
    Over limit Charges 2.5% of the Over limit Amount or a minimum of Rs. 500
    Rewards Redemption Fee Rs 99

    Karur Vysya Bank SBI Credit Card FAQs:

    1. Does SBI offer different card payment options for Karur Vysya Bank SBI Credit Card customers?

      Yes, cardholders can make credit card payments using the following services provided by State Bank of India.

      • Cash Payments
      • Electronic Bill Payments
      • Electronic Clearing Services
      • Locate & Pay
      • NEFT Payments
      • Online SBI Banking
      • Over the Counter Payments (OTC)
      • Paynet- Pay Online
      • SBI ATMs
      • SBI Auto Debit
      • SBI Mobile Banking
    2. Can I convert the outstanding balance from other credit cards to my Karur Vysya Bank SBI Credit Card?

      Yes, customers can convert their high-value purchases into monthly installments at an interest rate of 0.5% per month for 3 months and at 0.75% per months for 6 months.

    3. Can I avail the Encash facility on my Karur Vysya Bank SBI Credit Card?

      Yes, customers can avail this facility to fulfil family commitments and SBI delivers a cheque within 3 to 5 working days. No documentation is required to be submitted and this facility comes pre-approved to all the card holders.

    4. What is the interest rate charged under the Easy Money plan?

      Customers can avail this facility at an interest rate of 2.45% per month and a processing fee of 1.5% or Rs 199, whichever is higher. The tenure given under this plan is for 45 days.

    5. Does State Bank of India charge any interest for balance transfers?

      No, if the customer selects the 60-day plan, then the interest rate is 0%. For the 6-months plan, the interest rate charged for a balance transfer is 1.7% per month.

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    Karur Vysya Bank SBI Credit Card Reviews

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