SBI Credit Card Rules Changing From November 1, 2025: Extra 1% Fee on Wallet Top-Ups Above ₹1,000
SBI Credit Card Rules Changing From November 1, 2025: Extra 1% Fee on Wallet Top-Ups Above ₹1,000
SBI Card revises its fee structure effective November 1, 2025 — digital wallet top-ups, education payments through third-party apps, and card replacement to attract new charges.
If you use a State Bank of India (SBI) credit card, be prepared for changes in how much you pay for certain transactions. Starting November 1, 2025, SBI Card will revise its service and transaction fee structure, impacting specific types of digital payments such as wallet top-ups and third-party education payments.
According to SBI Card, users who load more than ₹1,000 into digital wallets like Amazon Pay, PhonePe, or Paytm using their credit card will now be charged a 1% fee on the load amount. For example, if a user loads ₹2,000 into a wallet, a ₹20 fee will be deducted. The change is expected to affect frequent users of digital wallets, especially those who make larger transactions, while smaller top-ups will remain largely unaffected.
However, the bank clarified that no extra charges will apply if payments are made directly to institutions via their official websites or on-campus POS terminals. The existing charges for cash payments, dishonoured payments, and late fees will remain unchanged.
Unchanged Fees on SBI Credit Cards:
– Cash payment fee: ₹250
– Payment dishonour fee: 2% of payment amount (minimum ₹500)
– Cheque payment fee: ₹200
– Cash advance fee: 2.5% of transaction amount (minimum ₹500)
– International ATM transaction fee: 2.4% (minimum ₹500)
– Card replacement fee: ₹100–₹250
– Late payment fee structure:
– ₹0–₹500: Nil
– ₹501–₹1,000: ₹400
– ₹1,001–₹10,000: ₹750
– ₹10,001–₹25,000: ₹950
– ₹25,001–₹50,000: ₹1,100
– Above ₹50,000: ₹1,300
Experts note that while the fee hike could slightly increase costs for digital users, it may also encourage cardholders to make smarter payment choices. SBI Card has stated that these adjustments are aimed at better cost management and operational efficiency in line with evolving digital payment trends.
