OLA Money SBI Card
SBI Card
Annual / renewal fee
Nil.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Earn rate
- 7% Reward Points on all Ola rides.
- 1% Reward Points on all other spends (1 Reward Point = ₹1).
VerifiedOLA Money SBI Card — official card page15 Aug 2026, 6:37 PM ISTSBI Card
This is the issuer's own page for this card. We earn nothing from this link.
You'll land on the issuer's official application portal at sbicard.com — if a different card is shown first, use its card selector to pick this one.
This is the issuer's own page for this card. We earn nothing from this link.
You'll land on the issuer's official application portal at sbicard.com — if a different card is shown first, use its card selector to pick this one.
Overview
OLA Money SBI Card by SBI Card. Facts on this page are extracted and verified automatically from official issuer documents.
Fees
Joining fee
₹499.
VerifiedOLA Money SBI Card — governing document (side-door search)15 Aug 2026, 6:37 PM ISTSBI Card
Annual / renewal fee
Nil.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Fee waiver
Renewal fee of ₹499 waived off on annual spends of ₹1 Lakh or more in the preceding year.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Renewal fee
₹499 (Waived off on annual spends of ₹1 Lakh or more in the preceding year).
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Rewards
- 7% Reward Points on all Ola rides.
- 1% Reward Points on all other spends (1 Reward Point = ₹1).
VerifiedOLA Money SBI Card — official card page15 Aug 2026, 6:37 PM IST
Travel & lounge
Lounge access
Confirm on the official page
Official source not yet captured
Dining, golf, concierge, insurance, milestones & welcome
Welcome benefit
Confirm on the official page
Official source not yet captured
Eligibility
Not published in the official documents on file — see the official T&C link below.
Charges & interest
Forex markup
Foreign Currency Transaction Fee: 3.5%.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Charge
- Finance charges: up to 3.75% per month (45% p.a.) for unsecured cards.
- Minimum finance charge ₹25.
- Cash advance fee: 2.5% of transaction amount, minimum ₹500 (domestic and international ATMs).
- Cash payment fee: ₹250 + applicable taxes.
- Cheque payment fee: ₹200.
- Payment dishonor fee: 2% of payment amount, minimum ₹500.
- Overlimit fee: 2.5% of overlimit amount, minimum ₹600.
- Card replacement fee: ₹100 - ₹250.
- Dynamic Currency Conversion Fee: 3.5%.
- Rewards Redemption Fee: ₹99.
- Processing Fee on all Rent Payment Transactions: ₹199.
- Late payment charges: Nil for ₹0-₹100.
- ₹100 for greater than ₹100 up to ₹500.
- ₹500 for greater than ₹500 up to ₹1,000.
- ₹750 for greater than ₹1,000 up to ₹10,000.
- ₹950 for greater than ₹10,000 up to ₹25,000.
- ₹1,100 for greater than ₹25,000 up to ₹50,000.
- ₹1,300 for greater than ₹50,000, plus additional ₹100 late payment charge on missing MAD for two consecutive cycles.
- Utility Payments Fee: w.e.f. 1st Dec 2024, 1% of total Utility Payments if total exceeds ₹50,000 in a billing cycle.
- Fee on Education Payments: w.e.f. 1st Nov 2025, 1% on payments via third-party apps.
- Fee on Wallet Load: w.e.f. 1st Nov 2025, 1% on every wallet load transaction exceeding ₹1,000.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Fuel surcharge waiver
1% fuel surcharge waiver (excluding GST) on eligible transaction value at petrol pumps.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Interest-free period
20 to 50 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full).
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Transfers
Not published in the official documents on file — see the official T&C link below.
Common questions
What is the annual fee on the OLA Money SBI Card?
Officially traced: Nil.
Most Important Terms & Conditions (MITC) – EnglishWhat is the joining fee on the OLA Money SBI Card?
Officially traced: Rs. 499.
OLA Money SBI Card — governing document (side-door search)Is the OLA Money SBI Card annual fee ever waived?
Renewal fee of Rs.499 waived off on annual spends of Rs.1 Lakh or more in the preceding year.
Most Important Terms & Conditions (MITC) – EnglishHow does the OLA Money SBI Card earn rewards?
7% Reward Points on all Ola rides.
OLA Money SBI Card — official card pageWhat are the transfer ratios for OLA Money SBI Card points?
Transfer ratios are not shown here as a confident value. Confirm the current ratio in your issuer account before transferring.
What is one point on the OLA Money SBI Card worth?
Point value varies by award, route and partner programme, so this page does not publish a rupees-per-point figure.
Other verified details
Not published in the official documents on file — see the official T&C link below.
Official documents & verification
Official terms
https://www.sbicard.com/en/personal/credit-cards/travel/ola-money-sbi-card.page.
VerifiedMost Important Terms & Conditions (MITC) – English15 Aug 2026, 6:37 PM ISTSBI Card
Verified 2026-08-15 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.
( Continue exploring )