South Indian Bank SBI Platinum Card

Renewal feeJoining fee

₹2,999 + GST

Add-on card fee

Add on Fee (p.a.): Nil.

Welcome benefit

₹3000 e-Gift Voucher as a Welcome Gift.

Reward rate

2 Reward Points per ₹100 · everyday spends2 Reward Points for every ₹100 spent on other categories (4 Reward Points = ₹1)

Reward earning on dining spends

5X Reward Points on dining, departmental stores and international spends (base rate 2 Reward Points per ₹100), up to 7,500 Reward Points per month

Milestone benefits

₹3,000 e-Gift Voucher on annual spends of ₹4 lakhs and ₹5 lakhs from any of the following brands: Yatra, Hush Puppies / Bata, Aditya Birla Fashion, Westside and Shoppers Stop.

Fuel surcharge waiver

Enjoy a 1% Fuel Surcharge Waiver on every transaction between ₹500 and ₹4,000 at all petrol pumps across India.

Forex markup

3.5% on foreign currency transactions.

Cash advance fee

2.5% or ₹500 whichever is higher (domestic & international ATMs)

Interest on unpaid balance

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

Interest-free period

20 to 50 days interest-free when you pay in full.

Late payment fee

From Nil (amount due ₹0 to ₹100) to ₹1,300 (amount due above ₹50,000)

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.

Grace days after the due date

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)

Age the primary cardholder must be

21 to 60 years

Eligibility

Salaried or Self-Employed with stable income.

Minimum age

Minimum 21 years