Should You Buy? SBI Signature Card- See Features, Benefits, Charges & Process How To Apply(Eligibility, Documents) & More

Do you want a credit card that is premium and multi-purpose? You came to the perfect place because here, you will meet the SBI signature card this is one of the premium credit cards of SBI. SBI Signature Card is good for those who travel a lot in foreign countries.

With this credit card, you get many benefits related to travel & more. However, this premium card of SBI provides you benefits like hassle-free online transactions, high purchase limits & more. You can use this credit card all over the world. With this credit card, you get additional security that protects you from fraud.

But should you get this SBI credit card? So, the answer is “No” before knowing everything about SBI Signature Card. As you know, “half knowledge is the enemy.” That’s why we made this article for you.

In this 5 minutes article, We are going to know All about SBI Signature Card Features and benefits of the card, the Downsides of the card, how to apply, eligibility criteria, documents required, Etc.

If you don’t read this article completely then this can be very e problematic for you because this is a card that is expensive enough to regret. So, give your 5 minutes & read with joy 🙂

Learn: Do Know SBI Elite Card is India’s No.1 Premium Credit Card: See Why its Premium, Features & More. 

FEATURES OF SBI SIGNATURE CARD

• When you join this credit card then you will get a welcome e-gift voucher of up to Rs 5,000.
• If you book movie tickets on BookMyShow with this credit card then you can get a discount of Rs 500 once a month.
• If you spend more than 3 lakhs with the help of this credit card then you can get up to 10,ooo reward points as a bonus.
• You can use this credit card to withdraw money from ATMs anywhere in the world.
• If you spend Rs 100 in departmental store, dining, grocery, and international purchase categories with the help of this credit card, you will get 5 reward points.
• With this credit card, you get advance security which will protect you from fraud.

BENEFITS OF SBI SIGNATURE CARD

• If you spend Rs 100 on this credit card except in some categories, you will get 2 reward points.
• With this Premium card, you will get complimentary membership of the Elite Priority pass program.
• If you want to transfer money to any other credit card with the help of this credit card, then you can do it at a lower interest rate.
• You can book any ticket 24*7 with the help of this credit card and can make a reservation.
• You will benefit up to 50,000 reward points equal to Rs 12,500.
• If you do a purchase and you have to make payment with this credit card, then you will not need to give a credit card to anyone. You simply pay money by doing wave the credit card(This card also provides your pay wave option).

CHARGES ON SBI SIGNATURE CARD

• If you take this card then you have to pay Rs 4,999 as the annual fee. You have to pay this money only once.
• If you take this card, then you will have to pay Rs 4,999 as a renewal fee. you have to pay this money every year.
• On this card, you have to pay an interest rate of 3.5% monthly.
• If you want to replace this card, then you have to pay Rs 100.
• If you are in a foreign country and you need to replace the card in an emergency, then you do not have to pay any charge.

LATE PAYMENT CHARGES OF SBI SIGNATURE CARD

• The late payment charge from Rs.0 to Rs 200 is Rs 0.
• Late payment charge more than Rs 200 and up to Rs 500 is Rs 100.
• Late payment charge greater than Rs 500 and up to Rs 1,000 is Rs 400.
• Late payment charge greater than Rs 1000 and up to Rs 10,000 is Rs 500.
• The late payment charge above Rs 10,000 is Rs 750.

HOW TO APPLY FOR SBI SIGNATURE CARD

You can apply for this card online on the official website of SBI Card.

• First of all, you have to go to the official website of SBI.
• After going to the official website, you will have to give your name, mobile no, email address.
• When you fill in all your details, a verification code will be sent to your mobile number, and have to submit that verification code.
• After submitting the verification code, you will get an application form page.
• Fill out that application form as well as submit the required documents.
• After submitting the documents, the bank will scrutinize your application.
• After all the process is completed, you will get a call from the SBI bank executive, they will ask some questions & verify your given documents.
• After that, pay the joining fee(if applicable) & you will get your card in 14 working days.

ELIGIBILITY CRITERIA FOR SBI SIGNATURE CARD

• You must be at least 18 years of age to take this card.
• You can take this card even if you are a student.
• SBI executives will also check your annual income. However, there is not any fixed amount but you must have a decent income.

DOCUMENTS REQUIRED FOR SBI SIGNATURE CARD

Proof Of Identity

PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Person of Indian Origin Card, Job card issued by NREGA, Overseas Citizen of India, Letters issued by the UIDAI

Proof Of Address

Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card provided by the government, Person of Indian Origin Card, Job card which is issued by NREGA, Any Bank Account Statement.

CONCLUSION

If you go Abroad frequently and use a credit card, then you can take this Credit card. If you are a student and live in India then this card is not necessary for you because this card has too many chargers. 

If your income is good and you can handle a credit card well then you can use this credit card.