Which credit card of SBI is best?
10 Best SBI Credit Cards for 2021
| SBI Credit Card | Annual Fee | Best Suited For |
|---|---|---|
| Air India SBI Platinum Credit Card | Rs. 1,499 | Travel |
| SBI StyleUp Contactless Card | Rs. 499 | Shopping |
| Yatra SBI Card | Rs. 499 | Travel |
| Club Vistara SBI Card PRIME | Rs. 2,999 | Travel & Rewards |
Is SBI credit card safe?
SBI Card sends a transaction alert SMS on your registered mobile number everytime you swipe your card or use it for an online/ IVR or mobile transaction to ensure safety of your transactions and minimise the chances of frauds. Check for the transaction amount and date updated in the SMS.
What is the salary limit for SBI credit card?
Key Highlights of SBI Credit Card Eligibility
| Age | 21 to 60 |
|---|---|
| Income Requirement | Minimum of INR 18,000 per month |
| Employment | Salaried or Self-Employed |
| Interest Free Period | Up to 50 days |
| ATM Cash Withdrawal Charges | 3.0\% of amount withdrawn or INR 300 |
What are the disadvantages of credit card?
9 disadvantages of using a credit card
- Paying high rates of interest. If you carry a balance from month-to-month, you’ll pay interest charges.
- Credit damage.
- Credit card fraud.
- Cash advance fees and rates.
- Annual fees.
- Credit card surcharges.
- Other fees can quickly add up.
- Overspending.
What is minimum balance in SBI credit card?
5\%
How is the Minimum Amount Due on my SBI Credit Card Calculated? The minimum amount due on your SBI credit card is 5\% of the total outstanding amount. However, if there is any previous balance from an earlier statement that has been carried forward, it would also be included in the minimum amount due.
Which credit card is good HDFC or SBI?
Compare the Fees of These Credit Cards
| Basis of Difference | SBI Prime Credit Card | HDFC Regalia Credit Card |
|---|---|---|
| Annual Renewal Fees | ₹2999 + Applicable Taxes | ₹2500 + Applicable Taxes |
| Waiving Off Criteria | Spend ₹3 Lacs in a Year to Waive off the Renewal fees. | Spend ₹3 Lacs in a Year to Waive off the fees. |