SBI Card Review — Rates, Fees and Ratings

Our review of SBI Card: 1 product rated against every other provider we track, with the rates, the fees and what they cost you in rupees.

SBI Card at a glance

Type	Card issuer
Credsir rating	2.6 out of 5

Cardholders — this is where SBI Card rates best of everything we track for it.

The score is arithmetic on the dated tables below, not an opinion: the same formula runs on every provider on this site and it is published in full on our ratings methodology page. No provider pays for a rating or sees one before you do.

SBI Card products, rated

We score each product against every other provider we track for it. The same formula runs on every bank on this site, and we publish it in full.

Credit cards — 2.6 out of 5

Terms	3 cards reviewed

Rated 2.6 out of 5 on our published formula.

Rates and fees

Product	Advertised rate	Maximum rate	Terms	Fee
Credit cards	—	—	3 cards reviewed	—

As of 15 Aug 2026 · SBI Card’s rate cards and published comparisons, across 1 products · Confidence: reported

SBI Card cards we review

Card	Annual fee	Effective return	Forex markup	Best for
SBI Cashback Credit Card	₹999	4.2%	3.5%	Anyone whose spending is mostly online
BPCL SBI Card Octane	₹1,499	2.5%	3.5%	Heavy car users who can fuel at BPCL
SBI Card Unnati	Nil	0.5%	3.5%	Building credit history from zero

Effective return is a realistic blended reward rate, not the accelerated headline rate that applies only to selected categories. Ranked by that figure, using a formula we publish.

As of 15 Aug 2026 · Issuer fee schedules and product pages · Confidence: reported

SBI Cashback Credit Card

The simplest high-return card in India. If your online spending exceeds about ₹20,000 a month, the 5% pays for the fee several times over and nothing needs to be redeemed or converted.

Joining fee	₹999
Annual fee	₹999
Fee waived at	₹2,00,000 annual spend
Effective return	4.2%
Reward type	Cashback
Headline benefit	5% cashback on all online spends with no merchant restriction
Forex markup	3.5%
Lounge visits	0 domestic, 0 international a year
Credit score the issuer looks for	750

Flat 5% online cashback with no category restriction — rare in India
Cashback is auto-credited to the statement, no redemption effort
Fee waived at ₹2 lakh annual spend, which most cardholders clear

Cashback capped at ₹5,000 per statement cycle
Only 1% on offline spends
No lounge access at all

BPCL SBI Card Octane

If you spend ₹8,000 a month on fuel and a BPCL pump is convenient, this returns roughly ₹7,000 a year against a ₹1,499 fee. If BPCL is not convenient, none of that applies.

Joining fee	₹1,499
Annual fee	₹1,499
Fee waived at	₹2,00,000 annual spend
Effective return	2.5%
Reward type	Reward points
Headline benefit	25 reward points per ₹100 at BPCL outlets — about 7.25% value back on fuel
Forex markup	3.5%
Lounge visits	4 domestic, 0 international a year
Credit score the issuer looks for	730

Highest fuel return available on any Indian credit card
Fuel surcharge waiver on top of the reward rate
Bonus points cover most of the first-year fee

Value is tied to BPCL specifically, not all fuel stations
Monthly cap on accelerated fuel points
Ordinary returns on non-fuel spending

SBI Card Unnati

Not a rewards card and not meant to be. If you have no credit history — a student, a new earner, or someone rebuilding after a default — six months of on-time payments here is the cheapest route to a score that unlocks real cards.

Joining fee	Nil
Annual fee	Nil
Effective return	0.5%
Reward type	Reward points
Headline benefit	Issued against a fixed deposit — no income proof or credit history needed
Forex markup	3.5%
Lounge visits	0 domestic, 0 international a year

No income or credit score requirement — backed by your own FD
Free for the first four years
Reports to bureaus, so it builds a genuine credit history

Requires locking up a fixed deposit
Very low reward rate
Credit limit capped at a share of the FD value

Reading SBI Card’s numbers

Card issuer. We hold its card catalogue but no lending or deposit rates, so this microsite covers cards only.

SBI Cards and Payment Services Limited is a separate listed company from State Bank of India, which offers the loans and deposits. See State Bank of India for those. Our best cashback credit cards table is where the Cashback card is ranked against its rivals.

How we rated this bank

Products rated	1
Competitor rates compared	0
Paid for this rating	₹0

No bank can buy, change or even see a Credsir score before you do. The formula has no input for it.