Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • SBI Student Plus Advantage Credit Card

    You can get the SBI Student Plus Advantage Card which is a credit card issued by the State Bank of India (SBI) to you if you have availed an education loan from the lender. You do not have to pay any annual or joining fee in order to get this credit card issued.

    Key Highlights of SBI Student Plus Advantage Credit Card

    • The card is given for customers who hold an education loan with the State Bank of India.
    • 1 reward point for every Rs.100 spent.
    • Fuel surcharge waiver of 2.5%.
    • Spend-based annual fee waiver.

    Features and Benefits of SBI Student Plus Advantage Credit Card

    Reward Point Benefits Get 1 reward point for every Rs.100 spent on the card.
    Fuel Benefits Fuel surcharge waiver of 2.5% given on all fuel transactions between Rs.500 and Rs.3,000.
    Spend-based Benefits On spending Rs.35,000 in a year, the annual fee of Rs.500 will be waived off.
    Cash Withdrawal Benefits You can withdraw cash from over 1 million Visa and MasterCard ATMs.
    Accessibility Your credit card can be used for making international purchases and can be used in over 24 million outlets all over the globe including 3,25,000 Indian outlets.
    Flexipay Benefits You can use the Flexipay facility to convert your purchases into EMI if they exceed Rs.2,500.
    Balance Transfer Benefits You can transfer the outstanding bills of your other credit cards to your SBI Student Plus Advantage Credit Card and pay the amount at a lower interest rate.
    Other Benefits
    • You can book your rail tickets online from IRCTC website and get the tickets delivered to your home.
    • You can use the credit card to pay your utility bills.

    SBI Student Plus Advantage Credit Card Fees and Charges

    Type of Fee Amount
    Annual Fee Nil
    Joining Fee Nil
    Renewal Fee Rs.500 applicable only if the total spending is below Rs.35,000 in the previous calendar year
    Cheque pick-up Rs.90
    Payment Dishonor fee 2% of the payment amount, subject to a minimum of Rs.350
    Statement retrieval Rs.100 per statement
    Charge slip retrieval Rs.225 per charge slip
    Late payment
    • Nil for total amount due from Rs.0 to Rs.200.
    • Rs.100 for amount more than Rs.200 and up to Rs.500.
    • Rs.400 for amount more than Rs.500 and up to Rs.1,000.
    • Rs.500 for total amount more than Rs.1,000 and up to Rs.10,000.
    • Rs.750 for total amount more than Rs.10,000.
    Overlimit 2.5% of overlimit amount subject to a minimum of Rs.500
    Card replacement Rs.100
    Emergency card replacement, when abroad Minimum $175
    Foreign currency transaction 3.5%
    Rewards redemption fee Rs.99
    Cash Payment fee Rs.100

    How to apply for an SBI Student Plus Advantage Card

    You will have to visit the nearest SBI branch along with all the relevant documents in order to apply for this credit card. You are eligible for this credit card if you have availed an education loan from the bank.

    FAQs on SBI Student Plus Advantage Card

    1. Is SBI Student Plus Advantage Credit Card Accepted World Wide?

      Yes, it is accepted world wide over 24 million outlets across the world, including 3,25,000 outlets in India.

    2. What is a cash point?

      Cash point is a point you will earn as a reward every time you use the SBI Student Plus Advantage Card. You can use the points as rewards for various purposes including clearing your outstanding credit card bills.

    3. How can I encash my credit card cash points?

      You can encash your credit card cash points by calling the SBI helpline number and getting in touch with a SBI Credit Card customer care executive. Simply request for encashing your cash points and it will be credited to your card.

    4. What is the minimum number of cash points I must accumulate before encashing it?

      You must accumulate at least 2,000 cash points before encashing them.

    5. I did not avail an education loan from SBI. Can I still avail this credit card?

      No, you cannot avail this credit card if you have not avail an education loan from the bank.

      

    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.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.