SBI launches advance credit card

The country's public sector bank State Bank of India (SBI) has offered a new credit card. The bank has named its advance credit card. For the first four years this service has been completely free. Like other credit cards, there is also the facility of reward points on use. Know the special things related to this card-  According to the SBI website, shopping for a hundred rupees from the card will get a reward point. Gift will be given instead of redeeming these points.

500 rupees cashback facility if you spend 50 thousand rupees or more in a year. This card will be for SBI customers who have made a FD of 25 thousand or more in the bank.

Customers can use the SBI advancement card in 24 million outlets worldwide, with 3,25,000 outlets in India.  There is no charge for the first four years, while the fifth year will be charged 499 rupees annually. Each transaction of 500 to 3000 rupees will be exempted in one percent Fuel Surcharge. 100 per exemption limit per statement circle. In addition to the advancement card, the account holder can also issue an add-on card for his family. There are also many types of offers and offers on this card.  Through this card, expenses of Rs 2500 or above can be paid in easy installments.

The biggest feature of SBI advancement card is that the outstanding amount of credit card of other banks can be transfered here and it can be paid in easy installments on low interest.

Interest Free Credit Period: 20-50 days