State Bank of India (SBI Card) · with Karur Vysya BankVisaLast checked 12 Oct 2026closed to new applicants
The KVB SBI Signature Card costs Rs 4,999 a year. It earns 2 RP per Rs 100 on other categories. Accelerated earn: 5X Reward Points on dining, departmental stores and grocery spends. The forex markup is 3.5%. Lounge visits in India: 8 per year, capped at 2 per calendar quarter. Read from the issuer's own documents on 12 Oct 2026.
Card design: sbicard.com
Annual fee
Rs 4,999+ GST
Fee waived at
—
Base return
—
Forex markup
3.5%
Interest
3.75%a month
Fees
Joining fee
Rs 4,999
Annual fee
Rs 4,999
Fee notes
Annual fee Rs 4,999 + taxes; renewal fee Rs 4,999 from second year (product page). No spend-based waiver stated on the page or in the MITC.
Rewards
Welcome benefit
Welcome e-gift voucher worth Rs 5,000 (Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion, Shoppers Stop); link sent within 21 days of annual-fee realisation
Reward currency
Reward Points
Base earn
2 RP per Rs 100 on other categories
Accelerated earn
5X Reward Points on dining, departmental stores and grocery spends
Caps
Up to 10,000 RP in a month; after the cap, 2 RP per Rs 100 continues
Points expiry
24 months
Milestone benefits
10,000 bonus RP at each of Rs 2 lakh, Rs 3 lakh and Rs 4 lakh annual spend; 20,000 bonus RP at Rs 5 lakh
Reward notes
base_return_pct left null: the product page states the earn rate but no point value for this card. Reward redemption fee Rs 99 + GST on physical products, statement credit and physical vouchers (MITC). From 1 Apr 2026 statement-credit redemption is capped at 60,000 points a month and allowed only in multiples of 4,000 points (issuer notice). Points on Flexipay/merchant EMI are reversed; wallet loads (MCC 6540/6541) earn nothing; points on spends that got an instant discount/cashback offer are forfeited.
Travel and perks
Domestic lounge
8 per year, capped at 2 per calendar quarter
International lounge
No complimentary visits; Priority Pass membership worth USD 99 with USD 27 + taxes charged per lounge visit
Forex markup
3.5%
Fuel surcharge waiver
1% on fuel txns Rs 500-4,000, cap Rs 250 per statement cycle
Other freebies
Golf: access to 300+ courses, 30% off green fee; Rs 1 lakh fraud liability cover. Rs 1 crore air accident cover withdrawn 11 Aug 2025 (issuer notice).
Charges and eligibility
Interest per month
3.75%
Late payment fee
On outstanding amount due: Nil up to Rs 100; Rs 100 (>100-500); Rs 500 (>500-1,000); Rs 750 (>1,000-10,000); Rs 950 (>10,000-25,000); Rs 1,100 (>25,000-50,000); Rs 1,300 (>50,000); plus Rs 100 if minimum due missed two cycles running (slabs as revised 1 May 2026)
Cash advance fee
2.5% of amount, min Rs 500; ATM limit Rs 15,000/day; interest from day one
Fine-print notes
KVB = Karur Vysya Bank. Reward, lounge, welcome and fuel fields now read from the issuer's product page (rendered 2026-10-12; the .html and .page addresses are identical). Network taken from the page's 'over 2 million Visa outlets / Visa ATMs' acceptance text. The page states no rupee value per point, so point_value stays null. Status left closed-to-new and unverified: the page does not say the card is withdrawn and still carries a branch-apply line. Page vs earlier value (page used): accelerated categories and monthly cap were null (BankBazaar listing); page gives 5X on dining/departmental/grocery, capped at 10,000 RP a month; lounge_international was null; page shows Priority Pass membership with paid visits. Issuer-wide (MITC): rent payments carry Rs 199 fee; utility bills totalling over Rs 50,000 in a cycle carry 1% fee; wallet loads over Rs 1,000 carry 1% fee; education payments via third-party apps carry 1% fee; forex markup is not reversed on refunds; fees shown exclude 18% GST.
Questions
What is the annual fee of the KVB SBI Signature Card?
Rs 4,999 a year, before GST.
Does the KVB SBI Signature Card give airport lounge access?
Yes. In India: 8 per year, capped at 2 per calendar quarter. Outside India: none listed.
What is the forex markup on the KVB SBI Signature Card?
3.5% of each foreign-currency transaction, before GST.
