SBI Card review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Our verdict
SBI Card suits business users in India who want a Visa credit line and a balance transfer route, though the pricing runs high. The APR of 45% is the figure to weigh, and the annual fee of INR 499 sits on top of it every year.
Key facts
- Best for
- Business users in India who want a Visa credit line, a travel-leaning card and a way to shift an existing balance.
- Annual fee
- ₹499 (Source, checked September 26, 2026)
- APR
- 45% (Source, checked September 26, 2026)
- Currency conversion fee
- 1.99% to 3.5% (Source, checked September 26, 2026)
- Balance transfer intro period
- 2 months (Source, checked September 26, 2026)
- Balance transfer fee
- 2% (Source, checked September 26, 2026)
- Credit needed
- Excellent (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- SBI Cards and Payment Services Limited (Source, checked September 26, 2026)
- Headquarters
- India (Source, checked September 26, 2026)
- Founded
- 1998 (Source, checked September 26, 2026)
- Support channels
- Phone (Source, checked September 26, 2026)
- Features
- Virtual card, Travel
- Audience
- Business
- Official website
- sbicard.com
Debit cards
- Monthly fee
- ₹0 to ₹9,999 (Source, checked September 26, 2026)
- Currency conversion fee
- 1.99% to 3.5% (Source, checked September 26, 2026)
- Card network
- Visa (Source, checked September 26, 2026)
- Legal entity
- SBI Cards and Payment Services Limited (Source, checked September 26, 2026)
- Headquarters
- India (Source, checked September 26, 2026)
- Founded
- 1998 (Source, checked September 26, 2026)
- Support channels
- Phone (Source, checked September 26, 2026)
- Features
- Virtual card, Travel
- Audience
- Business
Apps and profiles
- Get the app
- App Store
- Elsewhere
- WikidataLinkedInXapps.apple.com
Pros and cons
Pros
- Balance transfers are available, with a fee of 2% over an intro period of 2.
- Runs on the Visa network, so the card is accepted wherever Visa is taken: visa.
- Virtual card and travel features are both listed, which suits spending abroad: virtual card and travel.
Cons
- The APR is 45%, which ranks 123 of 133 brands on rate.
- An annual fee of INR 499 applies, against £0 on Wise and $0 on Chime Card.
- Support runs on phone only, so there is no listed written channel for questions.
Who it suits
- Business owners in India who want a revolving Visa line and a balance transfer route for existing borrowing.
- Travellers who want a business card with travel features from a long established Indian issuer.
- Applicants with an excellent credit history, excellent, who can carry a high APR without strain.
Who should look elsewhere
- Wise, if the annual charge decides it: the annual fee is £0 against INR 499 here.
- Varo Believe Secured Credit Card, whose annual fee is $0, for applicants building a credit history from scratch.
- Chime Card (Secured Visa Credit Card), with an annual fee of $0, if the lowest annual charge matters most.
Fees and currency costs
The annual fee is INR 499 and the APR is 45%, so the cost of holding and borrowing sits in both. Foreign currency conversion fees run 1.99% to 3.5% on the cards that levy them, which matters for travel spending. The balance transfer option adds a fee of 2% on top, the charge that buys something concrete.
Where it sits among rivals
On annual fee, SBI Card sits at 215 of 301 brands in this comparison, and on APR at 123 of 133. Both places are well down the table, so cards that cost less to hold lead the comparison. Borrowing here is priced nearer the top of the field than the middle.
How SBI Card compares
8.7 vs 9.4
8.7 vs 9.0
8.7 vs 8.9
8.7 vs 9.2
8.7 vs 8.8
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 9.0
8.7 vs 8.8
8.7 vs 8.8
8.7 vs 8.7
8.7 vs 9.2
8.7 vs 9.0
8.7 vs 8.9
8.7 vs 8.8
8.7 vs 9.6
8.7 vs 9.4
8.7 vs 9.4
8.7 vs 9.2
8.7 vs 9.1
8.7 vs 9.1
8.7 vs 9.1
8.7 vs 9.1
8.7 vs 8.8
8.7 vs 8.8- 8.7 vs 8.8
- 8.7 vs 8.8
8.7 vs 8.8- 8.7 vs 8.8
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 8.5
8.7 vs 8.3
8.7 vs 8.2
8.7 vs 8.0
8.7 vs 8.0
Where SBI Card is available
- Available
- India
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does an SBI Card cost to hold and borrow on?+
The annual fee is INR 499 on the cards in the range that charge an annual fee, and the APR is 45%. Borrowing at that rate is the main cost, and it sits at 123 of 133 brands in this comparison. Monthly fees run INR 0 to INR 9,999 on top, so the price depends on the card you pick.
What does it cost to spend in another currency?+
Currency conversion fees run 1.99% to 3.5% across the range and apply whenever a purchase is made abroad. Spending in the local currency avoids the conversion charge. Travel features are listed, virtual card and travel, though the conversion rate still applies to foreign transactions on any card in the range.
Is there a balance transfer option, and what does it cost?+
Yes. The balance transfer option runs for an intro period of 2 and charges a fee of 2% on the amount moved. The intro period is short, so a transferred balance is often still outstanding afterwards. It pays only if the cheaper rate afterwards outruns the fee.
Is it a credit card, and which network does it use?+
It is a credit card, credit, so spending builds a balance to repay rather than drawing on money already set aside. The card runs on the Visa network, visa, and the listed features include a virtual card and travel perks, virtual card and travel.
Who is the card for, and what credit history does it want?+
SBI Card lists business as its audience, business, and the application asks for an excellent credit history, excellent. That points to a business owner with a strong record rather than a newcomer building a file from scratch. Applicants with a thinner file would do better with a secured card.
How do you get help from the issuer?+
Support runs on phone only, so questions go by phone. There is no listed chat or email channel, which suits people happy to make a call. Anyone who prefers written answers would find a card with a help centre easier to use.
Sources
- cuelinks.com/campaigns/sbi-simply-click-affiliate-program checked September 26, 2026
Backs: Credit needed
“Bureau Score Criteria: A minimum bureau score of 780+ is required.”
- sbicard.com/en/most-important-terms-and-conditions.page checked September 26, 2026
Backs: Annual fee, APR, Card kind, Currency conversion fee, Monthly fee, Card network
“SimplyCLICK SBI Card | Annual Fee (Rs.) 499 | Renewal Fee 499 (Waived off on annual spends of 1 Lakh or more in the preceding year)”
- sbicard.com/en/personal/benefits/lower-interest-option/ba... checked September 26, 2026
Backs: Balance transfer fee, Balance transfer intro period, Support channels
“Processing fee: 2% or Rs. 199, whichever is higher”
- sbicard.com/en/personal/credit-cards/compare-cards.page checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“CIN: L65999DL1998PLC093849”
- sbicard.com/en/who-we-are.page checked September 26, 2026
Backs: Audience, Features
“Corporate Cards ... Business”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Rewards type.
SBI Card
Business users in India who want a Visa credit line, a travel-leaning card and a way to shift an existing balance.