State Bank of India (SBI Card)VisaLast checked 12 Oct 2026closed to new applicants
The SBI Card Unnati costs Rs 499 a year. Its base return is 0.25% (1 RP per Rs 100 spent). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
Card design: sbicard.com
Annual fee
Rs 499+ GST
Fee waived at
—
Base return
0.25%
Forex markup
3.5%
Interest
2.75%a month
Fees
Joining fee
Free
Annual fee
Rs 499
Fee notes
Annual fee of Rs 499 waived for the first four years; Rs 499 + taxes from the fifth year.
Rewards
Welcome benefit
None stated
Base earn
1 RP per Rs 100 spent
Base returnunverified
0.25%
Point valueunverified
4 RP = Rs 1 (Rs 0.25 per RP)
Spends that earn nothing
Cash advance, balance transfer, Flexipay and fuel transactions
Milestone benefits
Rs 500 cashback on Rs 50,000 annual spend
Reward notes
base_return_pct = 1 RP per Rs 100 x Rs 0.25. 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 loungeunverified
None
International loungeunverified
None
Forex markup
3.5%
Fuel surcharge waiver
1% on fuel txns Rs 500-3,000, cap Rs 100 per statement cycle
Charges and eligibility
Interest per month
2.75%
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
Eligibility
Issued against a lien on the cardholder's SBI fixed deposit of Rs 25,000 or more
Fine-print notes
Issuer product page (rendered text) read 2026-10-12; fees, forex, interest and penalty fields are from the issuer MITC/KFS; fields not listed in unverified_fields are from the product page or other issuer documents. Page vs earlier value: reward_exclusions also listed rent, government and tax payments and EMI conversions (aggregators), page lists cash advance, balance transfer, Flexipay and fuel. Page says points redeem against the rewards catalogue but gives no point value, so point_value (4 RP = Re 1) and base_return_pct still rest on aggregators. The page does not say the card is discontinued; closed-to-new status still rests on Card Insider. Network boilerplate says the card works wherever Visa or Mastercard is accepted. Same text is served at shopping/sbi-card-unnati.page. Card Insider lists the card as discontinued. 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 SBI Card Unnati?
Rs 499 a year, before GST.
Does the SBI Card Unnati give airport lounge access?
No lounge access is listed for this card.
What is the forex markup on the SBI Card Unnati?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the SBI Card Unnati?
Cash advance, balance transfer, Flexipay and fuel transactions
