State Bank of India offers a number of well-appointed debit cards to their customers. Among their suite of debit cards, one of the most popular ones is the State Bank Classic Debit Card. With this debit card, you get to enjoy tons of benefits such as cashless convenience, ease of making bill payments and purchases securely online, redeem rewards on your purchases and transactions and keep track of your account activity, among other things. You also get to enjoy easy access to cash at any ATM across India with high transaction and withdrawal limits to fulfill all your money requirements. Read on to find out more about the State Bank Classic Debit Card.
Features of State Bank Classic Debit Card
- Widely Accepted – Shop till you drop with your SBI Classic Debit Card which is accepted at over 5 lakh merchant outlets across India.
- Secure Online Transactions – With the Classic Debit Card, you can rest assured that all your online transactions and purchases such as booking tickets, paying for groceries, etc., are highly secure as transactions done with this debit card are secured using the MasterCard Secure Code or Verified by Visa.
- ATM Access – Get quick access to cash anytime and anywhere with the Classic Debit Card which can be used not only at SBI ATMs but also at non-SBI ATMs across India.
Fees & Charges Associated with State Bank Classic Debit Card
The SBI Classic Debit Card carries an annual fee of Rs 100. The cash withdrawal limit on this card is capped at Rs 40,000 per day. Replacement debit cards are available at a charge of Rs. 200.
Rewards & Benefits
For every Rs. 100 that is spent on your card, you get to earn 2.5 reward points. You can earn reward points for a number of card-related purchases such as petrol; dining, entertainment, travel bookings, online purchases and more.
GST of 18% is applicable to all banking products and services from July 1, 2017, onwards.