SBI Card Revises Fees & Charges from Nov 2025: What Cardholders Must Know

SBI card has recently revised its fee and other charges with effect from 1st Nov 2025.  These changes mainly affect transactions such as education-related payments through third-party apps and wallet loads above ₹1,000. Alongside these revisions, SBI Cards continues to levy existing service charges like cash advance fees, payment dishonor penalties, overlimit fees, and foreign currency transaction charges. Understanding these updates is crucial for cardholders to avoid unnecessary costs and make smarter payment decisions.

SBI Card Revised Fee and Charges

SBI card has following fee and charges applicable as per the details given below: 

Fee on Education Payments

• A 1% fee will be charged on education-related payments made through third-party apps such as CRED, Cheq, MobiKwik, etc.
• These transactions are identified under Merchant Category Codes (MCC) 8211, 8220, 8241, 8244, 8249, and 8299 (on a best-effort basis).
• However, if you pay directly to schools, colleges, or universities via their official websites or POS machines, no fee will be charged.

Whenever possible, make payments directly on the institution’s website or authorized payment gateway to avoid additional fees.

Fee on Wallet Loads

• A 1% fee will be applicable on every wallet load transaction exceeding ₹1,000.
• These are identified under MCC 6540 and 6541 (on a best-effort basis).
• MCC codes are defined by network partners and may change at their discretion.

Try to keep wallet load amounts within ₹1,000 to save on extra charges.

Why these Charges?

These charges are being introduced as part of regulatory updates and industry practices to streamline payment structures. The classification of transactions is done based on Merchant Category Codes (MCCs) provided by network partners, and may be updated periodically

SBI Card other charges

In addition to the revised fees above, SBI Cards already levies a range of service charges and penalties. Here’s a comprehensive list:

Cash Advance Fees

• Withdrawals from ATMs (domestic or international) attract a 2.5% fee or ₹500 (whichever is higher).
• Finance charges apply from the date of withdrawal until repayment in full.

Cash Payment Fee

• Paying credit card dues at SBI branches incurs a ₹250 + taxes service fee.
• However, no fee is applicable if payment is made at Karur Vysya Bank (KVB) branches for KVB SBI Cardholders.

Overlimit Fees

If your outstanding balance exceeds the credit limit, an Overlimit Fee of 2.5% of the excess amount or ₹600 (whichever is higher) will apply (once per billing cycle).

Payment Dishonor

A 2% fee (minimum ₹500) is charged if a payment bounces or is dishonored.

Utility Payment Fee

• If total utility payments in a billing cycle exceed ₹50,000, a 1% fee applies.
• Identified under Merchant Category Code (MCC) 4900, subject to network partner definitions.

Other Charges

Rewards Redemption Fee: ₹99 (on physical products and certain vouchers).

Card Replacement Fee: ₹100 – ₹250 (₹1500 for Aurum).

Cheque Payment Fee: ₹200.

Foreign Currency Transaction Fee:

• 3.5% (standard cards)
• 3% (SBI Card Miles)
• 2.5% (SBI Card Miles Prime)
• 1.99% (Aurum, Elite, Tata Neu Infinity, Prime NRI Secured, Miles Elite)

Processing Fee on Rent Payments: ₹199.

Conclusion

With these new rules, SBI Cardholders need to be extra mindful of how and where they use their cards. Education payments via third-party apps and wallet loads above ₹1,000 now carry fees, while existing charges on cash withdrawals, dishonored payments, foreign currency usage, and utility bills remain in place.