South Indian Bank SBI Platinum Card

Lounge access

Complimentary Priority Pass membership worth $99, with each visit costing $27.

Verified · South Indian Bank SBI Platinum Card product page · 2026-08-02 · source

Forex markup

Foreign Currency Transaction Fee: 3.5% (South Indian Bank SBI Platinum Credit Card is not in the reduced-rate list).

Verified · SBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded · 2026-08-02 · source

Charge

• Finance charges: up to 3.75% p.m. (45% p.a.) for unsecured cards.
• Minimum finance charge ₹25.
• Cash advance fee: 2.5% of transaction amount (minimum ₹500) at domestic and international ATMs.
• Cash payment fee: ₹250.
• Cheque payment fee: ₹200.
• Payment dishonour fee: 2% of payment amount (minimum ₹500).
• Overlimit fee: 2.5% of overlimit amount (minimum ₹600).
• Card replacement: ₹100 - ₹250.
• Dynamic Currency Conversion Fee: 3.5%.
• Late payment charges: Nil for ₹0-100.
• ₹100 for >₹100 up to ₹500.
• ₹500 for >₹500 up to ₹1,000.
• ₹750 for >₹1,000 up to ₹10,000.
• ₹950 for >₹10,000 up to ₹25,000.
• ₹1,100 for >₹25,000 up to ₹50,000.
• ₹1,300 for >₹50,000.
• Additional ₹100 late payment charge on missing MAD for two consecutive cycles.
• Utility Payments Fee (w.e.f. 1st Dec 2024): 1% of total utility payments if exceeding ₹50,000 in a billing cycle.
• Fee on Education Payments (w.e.f. 1st Nov 2025): 1% on payments via third-party apps.
• Fee on Wallet Load (w.e.f. 1st Nov 2025): 1% on every wallet load transaction exceeding ₹1,000.
• Rent payment processing fee: ₹199.
• Add-on fee: Nil.

Verified · SBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded · 2026-08-02 · source

Interest-free period

• Interest free credit period ranges from 20 to 50 days, subject to submission of claims by the merchant.
• Applicable only on retail purchases and if previous month's outstanding balance is paid in full.

Verified · SBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded · 2026-08-02 · source

Fuel surcharge waiver

• 1% fuel surcharge waiver (excluding GST) shall be provided for eligible transaction value on select cards.
• Fuel surcharge is 1% of transaction amount plus applicable taxes levied by the acquiring bank.

Verified · SBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded · 2026-08-02 · source

Redemption value

• Rewards Redemption Fee: ₹99 (applicable on Physical products, Statement Credit and Vouchers sent physically).
• Reward Points are valid for 24 months and expire on the last day of the 24th month if not redeemed.

Verified · SBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded · 2026-08-02 · source

Eligibility

Credit limit of up to ₹10,00,000.

Verified · South Indian Bank SBI Platinum Card product page · 2026-08-02 · source

Official terms

https://www.southindianbank.bank.in/personal/cards/credit-card/south-indian-bank-sbi-platinum-card.

Verified · South Indian Bank SBI Platinum Card product page · 2026-08-02 · source