Karur Vysya Bank SBI Platinum Credit Card

Annual feeJoining feeRenewal fee

₹2,999 + GST

Add-on card fee

Add-on Card Fee (per annum): Nil.

Welcome benefit

Welcome e-Gift Voucher worth ₹3,000 (travel and lifestyle brands: Yatra, Hush Puppies/Bata, Westside, Aditya Birla fashion, Shopper Stop and many more); voucher link sent within 21 days, post realization of the annual fees

Reward rate

2 Reward Points per ₹100 · everyday spends2 Reward Points for every ₹100 spent on other categories.

Reward caps

Earn up to 7,500 Reward Points per month; after reaching the capping limit, 2 Reward Points for every ₹100 spent will continue to accrue

What one reward unit is worth

4 Reward Points = Re. 1.

Domestic lounge access

2 Complimentary Domestic Airport Lounge visits every quarter in India.

Priority Pass

Complimentary Membership to the Priority Pass Program worth $99 (Only Primary Cardholders; valid for 2 years only): access over 1,000 Airport Lounges worldwide, a usage fee of only $27 +taxes every time you visit an airport lounge

Golf

Access to more than 300 golf courses across the world; 30% discount on Green Fee.

Milestone benefits

₹3000 e-Gift Voucher on annual spends of ₹4 lakhs and ₹5 lakhs (Yatra, Hush Puppies / Bata, Aditya Birla Fashion, Westside and Shoppers Stop)

Renewal benefit

₹3,000 vouchers on ₹2 lakhs spent in the previous year (brand partners: Yatra, Hush Puppies / Bata, Aditya Birla Fashion, Westside and Shoppers Stop)

Fuel surcharge waiver

1% Fuel Surcharge Waiver on every transaction between ₹500 and ₹4,000 at all petrol pumps across India; maximum waiver of ₹250 per statement cycle, per credit card account

Lost card liability

Complimentary Credit Card Fraud Liability Cover of ₹1 lakh, for a period of 48 hours prior to reporting of loss, to 7 days post reporting of loss.

Add-on card eligibility

Add-on Cards for your parents, spouse, children or siblings above the age of 18.

Purchase to EMI conversion

Flexipay EMI: Convert eligible purchases into easy monthly EMIs, applicable on transactions of ₹2,500 or more.

Forex markup

3.5% on foreign currency transactions.

Dynamic currency conversion markup

3.5%3.5% (For all cards except AURUM, Elite, Prime NRI secured, Tata Neu Infinity SBI Credit Card, SBI Card Miles Elite/Miles Prime / Miles) on transactions greater than or equal to Rs.1,000 carried out in Indian Currency at an international location or at merchants located in India but registered overseas

Cash advance fee

2.5% of transaction amount, subject to a minimum of ₹500, at domestic and international ATMs

Interest on unpaid balance

3.75% p.m. (45% p.a.) for unsecured cards.

Interest-free period

20-50 days, on retail purchases only

Late payment fee

Nil to ₹1,300 based on the outstanding amount due.

Over-limit fee

2.5% of the overlimit amount that exceeds the credit limit or ₹600, whichever is higher; levied only once per billing cycle; Overlimit Fee will not be reversed in case of transaction reversal / cancellation / refund

Payment return or dishonour fee

2% of Payment amount (subject to a minimum of ₹500)

Card replacement fee

₹100 - ₹250 (₹1,500 for Aurum)

Cash payment / cash deposit fee

Cash Payment Fee: Revised from ₹199 to ₹250 w.e.f. 01 Sep 2021

Education / school fee charge

Fee on Education Payments: W.e.f 1st Nov 2025, 1% of the transaction amount applicable on Education Payments made through third-party apps. However, payments made directly to colleges or schools via their websites or POS machines will not attract any fee.

Fee for paying the bill by cheque

₹200; Cheque Payment Fees is not applicable for SBI Card Unnati, SBI Card Vyapaar Unnati and SBI Card Krishak Unnati Credit Cards

Foreign ATM fee

2.5% of transaction amount (subject to a minimum of ₹500) at International ATMs

Reward redemption fee

₹99. Applicable only on Physical products, Statement Credit & on Vouchers that are sent physically as specified in the individual product Terms & Conditions, for all cards except AURUM. No redemption fee will be charged to the card account if, the card account status is found voluntarily closed on the fee posting date

Wallet load charge

With effect from 1st Nov 2025, a fee of 1% of the transaction amount on every wallet load transaction exceeding ₹1000 using your SBI Credit Card

Rent transaction fee

₹199 processing fee on all rent payment transactions; Processing Fee will not be reversed in case of transaction reversal / cancellation / refund.

Utility transaction fee

W.e.f. 1st Dec 2024, 1% of total amount of Utility Payments, if the total amount exceeds ₹50,000 in a billing cycle

GST note

All taxes would be charged as applicable on all the above Fees, Interest & Charges

Grace days after the due date

Grace Period - Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s).

Minimum amount due

100% of GST + 100% of EMI amount + 100% of Fees/Charges +100% of Finance Charges + Overlimit Amount (if any) + 2% of Remaining Balance Outstanding or ₹200 (whichever if greater). Any unpaid MAD of the previous statements, if any, shall also be included in the Minimum Amount Due

Age the primary cardholder must be

21 to 60 years

Eligibility

Salaried or Self-Employed with stable income.

Minimum age

Minimum age 21 years