SBI Corporate Central Travel Account Credit Card

Joining Fee

Nil

Annual Fee

Nil

Free credit period

Nil

Emergency card replacement

Free

Interest-free credit period

20 days to 50 days (This facility is available only on the purchase goods and merchandises and only when outstanding balance of previous month is fully paid)

Cash advance limit

Variable

Cash advance charges

1. SBI ATMs or other ATMs - Up to 2.5% of the total withdrawal amount
2. Domestic ATMs - Rs.300 per transaction or whichever amount is higher
3. International ATMs - Rs.300 or up to 3% of withdrawal amount, whichever is higher, per transaction

Foreign currency transaction conversion markup

3.5%

Rewards redemption fee

Up to Rs.99

Late payment charges

1. Total amount due from Rs.0 - Rs.200 - NIL
2. Total amount due more than Rs.200 & up to Rs.500 - Rs.100
3. Total amount due more than Rs.500 & up to Rs.1000 - Rs.400
4. Total amount due more than Rs.1000 & up to Rs.10,000 - Rs.500
5. Total amount due more than Rs.10,000 - Rs.750

Penalty for invalid cheque or cheque bounce

2% of cheque amount where the minimum amount is Rs.350 and the maximum amount is Rs.500

Charge slip retrieval fee

Rs.225 per charge slip

OTC cash payment fees

Rs.100 + GST

Finance charges

Up to 3.35% per month amounting to 40.2% per annum from the date of withdrawal

Railway tickets:

1. Tickets from railway counters - Rs.30 + 2.5% of transaction amount
2. Tickets from irctc.co.in - 1.8% of transaction amount + GST

Petrol & all products/services

Rs.10 or 1% of the transaction value (whichever is higher)

Surcharge Waivers

1. Signature & Platinum Cards - 1% surcharge waiver for single transaction spends between Rs.500 and Rs.4000 (excluding GST + other charges)
2. All other cards - 1% for single transaction spends between Rs.500 and Rs.3,000 (excluding GST + other charges)

Maximum Surcharge Waiver

1. Signature & Platinum Cards - Rs.250 per statement cycle per credit card account
2. All other cards - Rs.100 per credit card account