The SBI StyleUP Contactless Credit Card is a co-branded card launched by the State Bank of India in collaboration with Future Group's fashion hub, fbb offering attractive discounts on fashion merchandise at Big Bazaar and fbb stores all throughout the year as well as premier services by SBI. The credit card is powered by Visa payWave - a highly secured, contactless chip technology that minimises the waiting time at cash counters. The SBI StyleUP Contactless Credit Card comes with welcome gift vouchers, reward points, fuel surcharge waivers, add-on cards, and more.
SBI StyleUP Contactless Credit Card cardholders can enjoy a plethora of benefits on their purchases. Listed below are the benefits that customers get to enjoy:
SBI's Shop-and-Smile Reward programme is specially designed for consumers to enjoy assured value back on every purchase in terms of reward points. As a valued customer of the programme, one gets to collect reward points every time they shop and dine. For the SBI StyleUP Contactless Credit Card, every Rs.100 spent is worth 1 reward point. The cardholder can collect these points and later redeem them for various fashion and lifestyle products, gift vouchers, discount vouchers, and so on.
A table containing information regarding the types of fees and charges with the payable amount and period limit is given below:
|Fees and Charges||Amount|
|Annual Fee||Rs.499 plus taxes (one-time fee)|
|Renewal Fee||Rs.499 plus taxes per annum|
|Cash advance limit||Up to 80% of the total credit limit with a maximum of Rs.15,000 per day.|
|Cash advance fee||
|Finance charges for cash advance||A maximum of 3.35% per month, starting from the day of withdrawal, and accounting to 40.2% per year|
|Free credit period for cash advance||Nil|
|Interest-free credit period on extended credit||25-50 days. Applicable only if the outstanding bill of preceding months are not due and only when the expenditure includes only retail purchases.|
|Minimum amount due on extended credit||5% of the total payable amount (Minimum Rs.200 + taxes + EMI’s for EMI based products + Overlimit amount, if any)|
|Cheque pickup fee||Rs.90|
|Statement retrieval||For statements older than 2 months and more – Rs.100/statement|
|Charge slip retrieval||Rs.225 per slip|
|Returned payment fee||2% of the net payable amount with a minimum of Rs.350|
|Card Overlimit fee||2.5% of the total amount of overdraft with a minimum of Rs.500|
|Reward redemption fee||Up to Rs.99|
|Cash Payment fee||Up to Rs.100|
|Card replacement fee||Rs.100|
|Emergency card replacement fee (while travelling overseas)||Nil|
|Foreign currency transaction||3.5% mark up|
|Late payment fees||
|Payment Settlement||In the order of Minimum Amount Due (including taxes as applicable + EMI (for EMI based merchandise + 5% of the total outstanding amount), Fees and additional charges, Interest charges, Cash Advance fees, Purchase and Balance Transfer Outstanding fees|
To apply for StyleUP Credit Card online, one can follow these simple steps:
After the cashier enters the bill amount, one can hold their card over the reader or point of sale and enter the pin within 4 cm range. A beep sound or green indicator lights will confirm the completion of the purchase. Customers will also see a message on display indicating successful Transaction.
Yes, StyleUP cardholders can use their credit card at merchants without reader facility. In such cases, they can use the cards like any normal debit or credit card for a dip or swipe.
No, unless the merchant has entered the amount of purchase with the approval of the cardholder and they have waved the card within 4 cm range for more than half a second, no money gets deducted from the account.
No, since contactless card readers are designed to read one card at a time in case one holds more than one card it will ask the cardholder to choose the card through which they want to make the transactions.