South Indian Bank SBI Platinum Credit Card

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Last updated:10-Aug-2024
South Indian Bank SBI Platinum Credit Card
  • Best suitable for: Dining
  • Joining Fee: ₹ 2999+ GST + GST
  • Annual Fee: ₹ 2999+ GST + GST
  • Welcome Benefits: Welcome e-Gift Voucher worth Rs.3000 from any of the following brands: Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Shoppers Stop and Yatra.com
South Indian Bank Sbi Platinum Credit Card

South Indian Bank SBI Platinum Credit Card: Fees & Charges

Type of fee or charge Amount (Rs.)
Joining Fee:₹ 2999+ GST
Annual/Renewal Fee:₹ 2999+ GST
Finance Charges:3.50% p.m. (42% p.a.)
Spend Based Waiver:Not Applicable for this card
Over Limit Penalty:2.5% of overlimit amount, subject to a minimum of 600/-
Rent Payment charges Rs.199+Applicable Taxes as processing fee.
Forex Charges:3.5% of the transaction value
Minimum Repayment Amount:5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI
Cheque Return Fees:2% of the payment amount subject to min of Rs. 500
Late Payment Charges:
Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 500NIL
Above 500/- and up to 1000/-400
Above 1,000/- and up to 10,000/-750
Above 10,000/- and up to 25,000/-950
Above 25,000/- and up to 50,000/-1100
Above 50,000/-1300


South Indian Bank SBI Platinum Credit Card: Eligibility & Documentation


1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof

South Indian Bank SBI Platinum Credit Card: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 2.5% (Min. INR 500) of the cash amount
Cash Advance Withdrwan Limit: Upto 80% of the card limit
Cash Payment at Bank Branch: Rs. 250/- for every Cash payment


Add-on Card facility: NIL

Card replacement fee: Rs 100 + GST

Rewards Redemption Fee: Rs.99. Applicable only on Physical products, Statement Credit & on Vouchers that are sent physically

Domestic lounge:

International Lounge:

Fuel Surcharge:1% fuel surcharge refunded for transactions between 500 to 4,000 and Maximum of 100/- per month.