SBI Card is facing mounting challenges as profits drop, market share shrinks, and premium brand partnerships slip away.
Despite its premium offerings, SBI Card MILES ELITE remains accessible, with a joining fee of Rs 4,999 plus applicable taxes and annual charges. Meanwhile, SBI Card MILES PRIME and SBI Card MILES ...
Utility bill payments done using SimplyCLICK SBI Card on SBI Card website or mobile app will not accrue 5X Reward Points (only one Reward Point). The card is not available for use in all cities of ...
High credit cost for four successive quarters and the fall in fee and other revenue are major challenges for SBI Card ...
Discover how SBI, HDFC Bank, and Axis Bank are enhancing credit card usage in Indias digital economy with attractive rewards ...
Numerous premium credit cards, including those from issuers like HDFC, SBI, and Axis Bank, often include complimentary lounge ...
SBI and ICICI Bank are set to roll out new credit card fees and spending caps starting November 2024, impacting utility payments, finance charges, and reward eligibility.
If your card is lost or stolen, a replacement fee is charged by the bank. You have to pay a charge of Rs 300 + GST to the bank. 4. International transaction charge SBI levies charges on various ATMs ...
Despite robust revenue and transaction volume growth, SBI Cards faces challenges with declining profits and rising credit costs.
SBI Cards and Payment Services Ltd on October 29 reported 33% decrease in net profit at Rs 404 crore for the quarter ended September 30, 2024, as bad loans write-offs and provisions rose.
Brokerages remain bullish on SBI with ‘Buy’ ratings, expecting potential upside of up to 25% from the current level.
SBI launched SimplySAVE credit card in March, 2018, to facilitate the needs of its young customers who like to dine out, love shopping and are frequent visitors to malls and movie theatres.