SBI Cards & Payment Services Ltd. Revises Fees from 1 November 2025 — What It Means for You

The Update

The bank has announced that from 1 November 2025, changes to its credit-card fee structure will apply — covering wallet loads, certain payments (education, utility, etc.), cheque payments, replacement cards, cash advances and late payment charges.

:magnifying_glass_tilted_left: Key Changes to Watch

  • New fees for wallet-load transactions above ₹1,000.
  • Additional charge on education-related payments via third-party apps.
  • Higher cash advance, cheque payment, card replacement fees.
  • Revised late payment charges if Minimum Amount Due (MAD) isn’t paid on time.

:white_check_mark: What You Should Do

  • Check your card’s variant’s Fees & Charges sheet on the SBI Card website.
  • Avoid using your SBI card for wallet loads/education payments unless necessary — the cost may now be much higher.
  • Ensure you pay your MAD in full or meet the criteria to avoid the tougher late-charges.
  • If you have multiple cards, compare this SBI card’s updated cost vs benefits vs other bank cards.

Does this mean I should stop using my SBI card for education payments?