SBI Cards has announced changes to its fee structure and other charges, effective November 1, 2025. The new charges will apply to select transactions, such as education-related payments and wallet loads, SBI Cards stated.

Cardholders should carefully review the updated fee structure to avoid any unwanted charges and ensure timely payments to maintain a healthy credit record. Find out more about the new charges SBI Cards is implementing.

Which payments will be charged the new fee?

SBI Card stated that education payments made through credit, checks, and third-party apps like MobiKwik will now be charged 1% of the transaction amount. However, SBI Card clarified that this fee will not be applicable on payments made directly to schools, colleges, or universities through its official website or on-site POS machines.

Wallet Load Transactions Will Also Be Charged

According to SBI Card, every wallet load transaction above ₹1,000 will be charged 1% of the transaction amount. This fee will apply to transactions made under select merchant codes. SBI Card said in a statement that the fee on education payments will be applicable to third-party merchants identified under Merchant Category Codes (MCCs) 8211, 8220, 8241, 8244, 8249, and 8299.

Check out the various SBI Card fees.

• SBI Card charges a cash payment fee of ₹250.
• If your payment fails, SBI Card charges a dishonor fee of 2% of the payment amount, up to a minimum of ₹500.
• SBI Card charges a check payment fee of ₹200.
• Cash advance fees at SBI ATMs and other domestic ATMs are 2.5% of the transaction amount, subject to a minimum of ₹500. At international ATMs, this fee is 2.5% of the transaction amount, subject to a minimum of ₹500.
• Card replacement fees range from ₹100 to ₹250, while for Aurum cards, this fee is ₹1,500.
• In case of an emergency card replacement abroad, the actual cost will be charged, which is a minimum of ₹175 for Visa and ₹148 for Mastercard.

How much late payment fee does SBI Card charge if the Minimum Amount Due (MAD) is not paid by the payment due date:

• ₹0 – ₹500: Zero
• ₹500 – ₹1,000: ₹400
• ₹1,000 – ₹10,000: ₹750
• ₹10,000 – ₹25,000: ₹950
• ₹25,000 – ₹50,000: ₹1,100
• ₹50,000: ₹1,300

Additional Late Payment Charges

If the Minimum Amount Due (MAD) is not paid by the due date for two consecutive billing cycles, an additional fee of ₹100 will be levied. This fee will apply for each payment cycle until the MAD is paid.

CGHS New Rates : After the DA hike, now the health scheme will benefit, a big relief for central employees.

The post SBI Credit Card users beware! Transaction and payment charges change from November 1st. Learn about the new rules. first appeared on Rightsofemployees.com.