Archive · 2 Jul 2025
SBI Credit Card Rules Changing from July 15, 2025
SBI is updating how its credit cards work starting July 15, 2025.
They're changing how much you need to pay each month, possibly making it higher.
They're also changing how your payments are used.
Plus, free air accident insurance is ending on some cards from August 11, 2025.
Cardholders should check their card details to understand the changes.
SBI Card is changing payment rules and benefits, effective July 15 and August 11, 2025.
The minimum amount due (MAD) calculation will be updated.
The order of payment settlement on SBI cards is changing from July 15, 2025.
Complimentary air accident insurance cover is being discontinued on various co-branded cards starting August 11, 2025.
Cardholders should review the changes to manage their credit efficiently.
- Who
- SBI Card users are affected by these changes.
- What
- SBI is changing credit card payment rules and benefits.
- When
- Changes are effective from July 15 and August 11, 2025.
- Where
- These changes apply to SBI credit card users.
- Why
- The exact reasons for the changes are not explicitly stated, but the changes affect how payments are calculated and benefits offered.
SBI Cardholders
SBI Card
Financial Impact
SBI Cardholders
Increased financial burden due to altered MAD calculations and payment order.
SBI Card
None - This is a unilateral change.
Benefit Reduction
SBI Cardholders
Loss of complimentary air accident insurance coverage.
SBI Card
None - This is a unilateral change.
- Effective Date of Payment Rule Changes
- July 15, 2025
- MAD Calculation Change
- Includes GST, EMI, fees/charges, finance charges, overlimit amount, and 2% of remaining balance
- Payment Settlement Order Change
- GST, EMI, charges, finance charges, balance transfers, retail spends, cash advances
- Air Accident Cover Discontinuation
- August 11, 2025
- Affected Cards (Air Accident Cover)
- UCO Bank SBI Card ELITE and PRIME, Central Bank of India SBI Card ELITE and PRIME, PSB SBI Card ELITE and PRIME, KVB SBI Card ELITE and PRIME, Allahabad Bank SBI Card ELITE and PRIME, several others
