South Indian Bank SBI Platinum Card
South Indian Bank
Annual / renewal fee
₹2,999.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Earn rate
- Earn 2 Reward Points for every ₹100 spent.
- 10 Points per ₹100 spent on dining, groceries, and department store purchases.
VerifiedSouth Indian Bank SBI Platinum Card product page2 Aug 2026, 6:10 AM ISTSouth Indian Bank
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 southindianbank.bank.in — 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 southindianbank.bank.in — if a different card is shown first, use its card selector to pick this one.
Overview
South Indian Bank SBI Platinum Card by South Indian Bank. Facts on this page are extracted and verified automatically from official issuer documents.
Fees
Joining fee
Confirm on the official page
Official source not yet captured
Annual / renewal fee
₹2,999.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Fee waiver
Confirm on the official page
Official source not yet captured
Renewal fee
₹2,999.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Rewards
- Earn 2 Reward Points for every ₹100 spent.
- 10 Points per ₹100 spent on dining, groceries, and department store purchases.
VerifiedSouth Indian Bank SBI Platinum Card product page2 Aug 2026, 6:10 AM IST
Redemption value
- Rewards Redemption Fee: ₹99 (applicable on Physical products, Statement Credit and Vouchers sent physically).
- Reward Points are valid for 24 months and expire on the last day of the 24th month if not redeemed.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Travel & lounge
Lounge access
Complimentary Priority Pass membership worth $99, with each visit costing $27.
VerifiedSouth Indian Bank SBI Platinum Card product page2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Dining, golf, concierge, insurance, milestones & welcome
Welcome benefit
Welcome gift voucher worth ₹3,000 from top brands, on making your first payment (threshold not stated on official source).
VerifiedSouth Indian Bank SBI Platinum Card product page2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Eligibility
Eligibility
Credit limit of up to ₹10,00,000.
VerifiedSouth Indian Bank SBI Platinum Card product page2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Charges & interest
Forex markup
Foreign Currency Transaction Fee: 3.5% (South Indian Bank SBI Platinum Credit Card is not in the reduced-rate list).
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Charge
- Finance charges: up to 3.75% p.m. (45% p.a.) for unsecured cards.
- Minimum finance charge ₹25.
- Cash advance fee: 2.5% of transaction amount (minimum ₹500) at domestic and international ATMs.
- Cash payment fee: ₹250.
- Cheque payment fee: ₹200.
- Payment dishonour fee: 2% of payment amount (minimum ₹500).
- Overlimit fee: 2.5% of overlimit amount (minimum ₹600).
- Card replacement: ₹100 - ₹250.
- Dynamic Currency Conversion Fee: 3.5%.
- Late payment charges: Nil for ₹0-100.
- ₹100 for >₹100 up to ₹500.
- ₹500 for >₹500 up to ₹1,000.
- ₹750 for >₹1,000 up to ₹10,000.
- ₹950 for >₹10,000 up to ₹25,000.
- ₹1,100 for >₹25,000 up to ₹50,000.
- ₹1,300 for >₹50,000.
- 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 exceeding ₹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.
- Rent payment processing fee: ₹199.
- Add-on fee: Nil.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Fuel surcharge waiver
- 1% fuel surcharge waiver (excluding GST) shall be provided for eligible transaction value on select cards.
- Fuel surcharge is 1% of transaction amount plus applicable taxes levied by the acquiring bank.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Interest-free period
- Interest free credit period ranges from 20 to 50 days, subject to submission of claims by the merchant.
- Applicable only on retail purchases and if previous month's outstanding balance is paid in full.
VerifiedSBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-branded2 Aug 2026, 6:10 AM ISTSouth Indian Bank
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 South Indian Bank SBI Platinum Card?
Officially traced: Rs. 2,999.
SBI Card – Most Important Terms & Conditions (MITC) – All Cards incl. Co-brandedHow does the South Indian Bank SBI Platinum Card earn rewards?
Earn 2 Reward Points for every Rs. 100 spent.
South Indian Bank SBI Platinum Card product pageWhat lounge access does the South Indian Bank SBI Platinum Card include?
Complimentary Priority Pass membership worth $99, with each visit costing $27.
South Indian Bank SBI Platinum Card product pageWhat welcome benefit does the South Indian Bank SBI Platinum Card offer?
Welcome gift voucher worth Rs. 3,000 from top brands, on making your first payment (threshold not stated on official source).
South Indian Bank SBI Platinum Card product pageWhat are the transfer ratios for South Indian Bank SBI Platinum Card points?
Transfer ratios are not shown here as a confident value. Confirm the current ratio in your issuer account before transferring.
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.southindianbank.bank.in/personal/cards/credit-card/south-indian-bank-sbi-platinum-card.
VerifiedSouth Indian Bank SBI Platinum Card product page2 Aug 2026, 6:10 AM ISTSouth Indian Bank
Verified 2026-08-02 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.
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