SBI Student Plus Advantage Credit Card

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Key Highlights of SBI Student Plus Advantage Credit Card

  • The card is given for customers who hold an education loan with the State Bank of India.
  • 1 reward point for every Rs.100 spent.
  • Fuel surcharge waiver of 2.5%.
  • Spend-based annual fee waiver.

Features and Benefits of SBI Student Plus Advantage Credit Card

Reward Point Benefits Get 1 reward point for every Rs.100 spent on the card.
Fuel Benefits Fuel surcharge waiver of 2.5% given on all fuel transactions between Rs.500 and Rs.3,000.
Spend-based Benefits On spending Rs.35,000 in a year, the annual fee of Rs.500 will be waived off.
Cash Withdrawal Benefits You can withdraw cash from over 1 million Visa and MasterCard ATMs.
Accessibility Your credit card can be used for making international purchases and can be used in over 24 million outlets all over the globe including 3,25,000 Indian outlets.
Flexipay Benefits You can use the Flexipay facility to convert your purchases into EMI if they exceed Rs.2,500.
Balance Transfer Benefits You can transfer the outstanding bills of your other credit cards to your SBI Student Plus Advantage Credit Card and pay the amount at a lower interest rate.
Other Benefits
  • You can book your rail tickets online from IRCTC website and get the tickets delivered to your home.
  • You can use the credit card to pay your utility bills.

SBI Student Plus Advantage Credit Card Fees and Charges

Type of Fee Amount
Annual Fee Nil
Joining Fee Nil
Renewal Fee Rs.500 applicable only if the total spending is below Rs.35,000 in the previous calendar year
Cheque pick-up Rs.90
Payment Dishonor fee 2% of the payment amount, subject to a minimum of Rs.350
Statement retrieval Rs.100 per statement
Charge slip retrieval Rs.225 per charge slip
Late payment
  • Nil for total amount due from Rs.0 to Rs.200.
  • Rs.100 for amount more than Rs.200 and up to Rs.500.
  • Rs.400 for amount more than Rs.500 and up to Rs.1,000.
  • Rs.500 for total amount more than Rs.1,000 and up to Rs.10,000.
  • Rs.750 for total amount more than Rs.10,000.
Overlimit 2.5% of overlimit amount subject to a minimum of Rs.500
Card replacement Rs.100
Emergency card replacement, when abroad Minimum $175
Foreign currency transaction 3.5%
How to apply for an SBI Student Plus Advantage Card

You will have to visit the nearest SBI branch along with all the relevant documents in order to apply for this credit card. You are eligible for this credit card if you have availed an education loan from the bank.

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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