SBI

SBI Unnati Credit Card

SBI Unnati Credit Card Review 2021: Get 1% fuel surcharge waiver on every refilling along with contactless transactions. Apply with Roopya now.

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Stepping forward with the idea of establishing a cashless society, the Government has introduced the SBI Unnati credit card that will remain free for use for the first four years. As soon as the cardholders will enter the fifth year of use, they will have to begin paying Rs. 499 to renew the card for further use.

SBI Unnati Credit Card

This credit card has been introduced for any individual who maintains an account balance of Rs. 25,000 or more. The SBI card Unnati users also include those having Jan Dhan accounts across 20,000 branches or more around the nation.

You might belong to a low-income group, but still, you can apply for this credit card as it will help you build and improve your credit record.

Quicklook of SBI Unnati Credit Card

Annual FeeZero for first 4 years. Fifth year onwards Rs. 499.
Rewards Points1 Reward point per Rs. 100 spent
Milestone BenefitsReceive Rs. 500 cashback on annual spends of Rs. 50000 or more
Fuel Surcharge Waiver1% Waiver on transaction between Rs. 500 - Rs. 3000

Want to compare with other cards? Visit Compare Credit card page.

About the SBI Unnati Credit Card

The use of credit cards is mostly associated with the elite class or upper-middle-class people. With the SBI Unnati credit card, the financial sector has taken a foot forward to discard the myth.

With the features and benefits that this card offers, each and every individual in the country gets a chance to have a credit card for their instant purchases even when they do not have significant cash available with them. From offering various advantages within the national borders, the cardholders also get an opportunity to make purchases overseas.

Using this card, users can shop and pay their utility bills easily along with enjoying cash withdrawal features at the same time. To approve the Unnati card membership, the bank will require the KYC documents and would not ask for any underwriting or bank balance history to check on the credit limit or credit score.

A quick review of other SBI cards: Paytm SBI Credit Card | SBI Prime Advantage Credit Card

Features of SBI Unnati Credit Card

Let’s have a look at the features of this card offered by the State Bank of India:

Globally Accepted

The card is accepted in, across, and beyond national boundaries. You can use it to pay for your purchases in more than 24 million outlets across the globe, which also includes 3,25,000 Indian outlets. Any outlet accepting Visa or MasterCard would accept this SBI Unnati card.

Contactless

You can simply wave the card in front of the card reader and your payment will be done. You will not require waiting for someone to come and swipe your card to process the payment. This is what makes the payment faster and more convenient especially during the times when going contactless for anything to everything has become mandatory.

Secure

There have been instances where people have left their credit cards on the cash counters and never found them again. With the SBI Unnati credit card, there is no risk of misplacement of the card as the owner himself holds it even while waving it to process the payment.

Add-on Cards

Like other SBI cards, you can have add-on cards for your family members as the SBI Unnati credit card users as well. The only thing required to ensure is that the members you are applying these cards for are 18 years and above in age.

Cash Withdrawal

if you are running out of cash but require making cash payment for something, you can use this card to withdraw cash from more than 1 million Visa or MasterCard ATMs worldwide.

Utility Bill Payment

Paying utility bills is easier and more convenient with this SBI credit card. You can make payments for your electricity bill, telephone bill, DTH bills, and other utility bills.

Balance Transfer

If you have outstanding balance scattered around different sources, the SBI Unnati credit card offers you an opportunity to consolidate all and bring in one place. You can convert the total outstanding amount into EMIs and feasibly pay off your debt. The outstanding balance could be from SBI or any other bank, it would not make any difference to this feature of the card.

Flexipay

No matter how expensive your retail purchases are, you can convert the amount into easy instalments through the Flexipay facility of the SBI Unnati credit card. The minimum amount spent should be Rs. 2,500 for this feature to be applicable. You can log in to the official website and convert the total amount into EMIs within 30 days of the purchase.

Easy Money

If you want some cash at your doorsteps, you can get a cheque or draft made against your cash limit using the Easy Money feature.

Benefits of SBI Unnati Credit Card

Apart from the above features, there are several benefits that this credit card offers. Some of them include:

Zero Fee Card

  • For the first 4 years, the credit card is free for use
  • From the 5th year, users will require paying Rs. 499 as renewal fee

Reward Points

  • Receive 1 reward point per Rs 100 on every purchase
  • You can redeem the points against multiple gifts from the Rewards Catalogue

Milestone Rewards

  • As soon as you reach Rs. 50,000 or more as the limit of annual expenditure, you are eligible to receive Rs. 500 as cashback within 15 days of achieving it.
  • This benefit is applicable for individuals until they keep using the card.

Fuel Surcharge Waiver

  • 1% fuel surcharge waiver is applicable for every transaction between Rs. 500 and Rs. 3,000, which is exclusive of the GST and other charges.
  • The maximum surcharge waiver you will be eligible to receive per statement cycle is Rs. 100 for each credit account.

Secured Card

  • This card is offered to SBI users with a fixed deposit of Rs. 25,000 or more.

Download the official brochure here.

Eligibility Criteria for SBI Unnati Credit Card

To ensure you get to enjoy the facilities that the SBI Unnati credit card has for you, you have to fulfil one basic eligibility criteria. You should have a minimum fixed deposit of Rs.25,000 with SBI.

To cross-check if you are eligible to apply for this card, you can follow the below-mentioned steps:

  • Visit SBI’s official website
  • On the SBI Credit Cards tab, go to the “Simplyfier” page
  • You will be asked questions one by one for the bank to know your personal and professional details, including your income and expense-related information.
  • You will be required to select your income range and other options
  • After you finish answering all the questions, click on “Show My Card”

If you are found eligible for applying for an SBI Unnati credit card, the list will have it as one of the options. If a Unnati credit card is not on the list, you are not eligible to make an application for it.

Documents Required for SBI Unnati Credit Card

If you have found the credit card option on the list, the next thing you need to know of is the documents required to be attached with the application. Before you apply for the Unnati card, you should get your documents and credentials ready. The list of documents required include:

  • Proof of identity
  • Proof of residence
  • PAN Card
  • Proof of income
  • Passport size photograph
  • Bank statement

The bank is free to ask for other documents too as per its requirements.

How to Apply for SBI Unnati Credit Card?

Once you have checked the eligibility criteria and arranged all the documents required, the next step is to apply for the card. There are two ways in which you can apply:

Using SBI official website

  1. Visit the official website of SBI
  2. Click on Credit Cards from the menu bar
  3. Scroll down and search for SBI Unnati credit card
  4. Click on Apply Now for the same
  5. Fill in the application form E-Apply tab, asking for your personal, professional, and other details.
  6. Click Submit
  7. Upload the required documents to continue

 

Using Roopya

  1. Go to roopya.com
  2. Click on the Credit Cards option from the menu bar
  3. Select SBI Bank to be taken to the official website of the bank
  4. Select SBI Unnati credit card
  5. Fill in the application form
  6. Click Submit
  7. Upload the required documents to continue

 

As soon as you submit the application with all the documents attached along with it, you will receive an acknowledgement message with an application ID, which you can use to track your application status.

Fee & Charges

  1. Joining Fee – Nil
  2. Annual Fee – Nil (for the first 4 years)
  3. Renewal Fee – Rs. 499 (begins from the 5th year)
  4. Add-on fee – Nil (per annum)
  5. Cash Advance Limit – Up to 80% of credit limit subject to a maximum of Rs.12,000 each day
  6. Cash advance fee – 2.5% of the amount withdrawn or Rs. 500 for domestic & overseas ATMs
  7. Finance charges – Up to 3.50% per month
  8. Cash payment fee – Rs. 100
  9. Payment dishonour fee – 2% of the amount payable or a minimum of Rs. 500
  10. Statement Request Fee – Rs. 100 per statement, which is 2 months old or more
  11. Card Replacement Fee – Rs. 100
  12. Emergency card replacement when abroad – Actual cost, with the minimum amount being $175
  13. Cheque payment charge – Rs. 100
  14. Over-limit charges – 2.5% of the over-limit amount or a minimum of Rs. 600
  15. Railway Tickets via ticket counters – Rs.30 plus 2.5% of the transaction amount
  16. Railway Tickets via an official online portal – 1.8% of the transaction amount plus service charge
  17. Reward Redemption Fee – Rs. 99
  18. Foreign Currency Transaction Fee – 3.5%

FAQs

What is the credit limit of the SBI Unnati card?

The credit limit is not an issue while applying for these cards. This is because it is a secured card option for the banks as it is offered to only those people who have a minimum fixed deposit of Rs. 25,000 with the bank.

What is an SBI Unnati card?

The Government has introduced the SBI Unnati credit card that will remain free for use for the first four years. As soon as the cardholders will enter the fifth year of use, they will have to begin paying Rs. 499 to renew the card for further use. This credit card has been introduced for any individual who maintains an account balance of Rs. 25,000 or more.

Which SBI credit card is free of cost?

SBI Unnati credit card is a card that is free of cost and is meant for each and every individual across the nation.

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