Helpful tips

Is there any maintenance charges for SBI debit card?

Is there any maintenance charges for SBI debit card?

SBI charges an annual maintenance charge for the debit card. For SBI’s classic debit card, this charge is set at ₹ 125 plus GST. This fee is recovered by the bank at the beginning of the second year onwards. For replacement of a debit card, SBI charges ₹ 300 plus GST.

What is the annual fee for SBI debit card?


Sl.No Particulars Rs
1. Debit Card Issuance Charges Nil
₹100/- + plus GS
₹300/- + plus GST
2. Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards) ₹125/- plus GST

What is the charge for SBI debit card online?

For example, SBI’s Global International debit card allows customers to withdraw up to ₹ 40,000 per day, and make online transactions up to Rs 75,000 per day, according to the bank’s website….Transaction limits.

State Bank Classic Debit Card Domestic
Daily Point of Sales/Online transaction limit Maximum Rs. 50,000/-

Is there any charges for debit card?

While debit cards come free for the first time but, banks charge a sum of money for services like reissuing the debit cards to annual maintenance charges. These are the charges you must bear for replacement of your debit card.

How can I avoid SBI debit card annual fee?


  1. Use cards. Use your debit and credit cards so that you don’t need too much cash.
  2. Plan your cash flow. Don’t wait till you are broke to withdraw money from the ATM.
  3. Prefer your own bank. Avoid using another bank’s ATM.
  4. Keep emergency cash.
  5. Use dormant account.
  6. SMS, phone banking for non-financial transactions.

Which is best debit card of SBI?

Compare Best SBI Debit Cards Online

Card Name Card Type Annual Maintenance Charges
SBI Gold International Debit Card Mastercard, Visa ₹ 2,00,000
SBI Platinum International Debit Card Mastercard, Visa ₹ 2,00,000
SBI INTOUCH Tap and Go Debit Card Mastercard, Visa ₹ 75,000
SBI Mumbai Metro Combo Card Mastercard ₹ 75,000

How many transactions are free in SBI debit card?

As per RBI guidelines, SBI ATM cardholders are also entitled to 3 free transactions in 6 Metro Centre (Mumbai, Delhi, Chennai, Kolkata, Hyderabad & Bengaluru) 5 free transactions (Financial and Non-Financial) in a calendar month (for Savings Bank account holders only) at other centres.

Which type of debit card is best?

Best Debit Cards to Pick 2021 – 2022

  • SBI Debit Card.
  • HDFC Debit Card.
  • Axis Bank Debit Card.
  • ICICI Bank Debit Card.
  • Yes Bank Debit Card.
  • Kotak Mahindra Debit Card.

Do I have to pay annual fee on debit card?

Debit cards themselves typically don’t have annual fees, but checking accounts often charge monthly account management fees if balance requirements aren’t met. Many debit cards also charge overdraft fees, which occur when you make a purchase greater than the balance in your checking account.

Which debit card is free in SBI?

Types of SBI Debit Cards

Card Daily withdrawal limit Freedom Rewardz
SBI Platinum International Debit Card Rs.1,00,000/- 1 point for every Rs

Why do banks charge annual fees?

Why card issuers charge annual fees Card issuers charge annual fees to offset the cost of offering cardholders numerous features and benefits. They wouldn’t be able to offer annual $300 travel credits, Global Entry and/or TSA PreCheck credit or competitive rewards programs for free.