SBI Card New Rules: SBI Card has implemented some rules that will result in new charges for several transactions. Education payments made through third-party apps will be subject to charges. Let’s find out when these new charges will be implemented.
The State Bank of India (SBI) has announced a new charge structure for its credit card users, effective November 1, 2025. Under this new rule, customers using their SBI credit card to pay school or college fees through third-party apps like CRED, Cheq, and MobiKwik will incur an additional 1% charge on the transaction amount. However, if the payment is made directly through the school, college, or university’s official website or through a POS machine, no such fee will be charged.
Additionally, SBI cardholders will be charged a 1% fee if they load more than ₹1,000 into their wallet. This rule applies to merchant codes set by network partners and may change from time to time. SBI has already informed cardholders about this change so they can plan their spending appropriately. Previous rules included no fee for transactions between ₹0 and ₹500, but the fee increases beyond that, which has now become even more stringent with the new changes.
Additionally, other common charges for SBI cardholders, such as cash withdrawal fees, check payment fees, and late payment fees, remain unchanged. However, failure to pay the minimum monthly balance for two consecutive billing cycles will result in an additional ₹100 charge per cycle. SBI advises customers to regularly review their transaction and billing details and plan their spending accordingly to avoid unnecessary charges.
This new fee structure is aimed at controlling digital payments and increasing transparency in transactions. This will help SBI card users better plan their spending, while enabling the bank to better manage its finances.
