SBI Credit Cards: If you are an SBI credit card user, then this news is very important for you. SBI Card is preparing to make major changes in its rules from July 15, 2025. This can have a direct impact on your pocket, reward points and financial planning.
SBI Credit Cards: Big news has come out for the customers using the credit card of the state-run State Bank of India (SBI). The bank has decided to change many rules related to credit cards. This may affect the pockets of the customers. In such a situation, credit card users need to be careful. These changes will be made from July 15, 2025.
These changes include minimum amount due (MAD) of the monthly bill to complimentary insurance cover. Let us tell you that the minimum amount due is the minimum amount. Which you have to pay by the billing date of every month. With this you are not considered a defaulter and your credit history also does not get spoiled.
SBI Card has changed the way it calculates the Minimum Amount Due (MAD). Earlier, a small amount payment was enough, but now this amount will be much higher than before. Now MAD will include 100% of all your EMIs, GST, fees and other charges, finance charges, if you have spent more than the limit, then that amount and 2% of the remaining balance. This means that now the minimum bill you will have to pay every month may be higher than before. These rules will come into effect from July 15.
Air accident insurance cover will be discontinued
If you have co-branded SBI cards of any bank like UCO Bank, KVB or PSB, then the free air accident cover of ₹ 50 lakh to ₹ 1 crore will be discontinued from August 11, 2025. That is, now there will be no insurance protection from SBI in case of an accident during flight travel.
Change in payment settlement method
SBI Card will now decide where the payment you have made will be adjusted first. Under the new rules, the amount of your payment will first be adjusted in GST, EMI, charges/fees, interest, balance transfer, retail expenses and lastly in cash advance. That is, if you have not paid any old charge or interest, then your new payment will first go to that. This will continue to accrue interest on the actual expense. It is very important for you to know and understand these new rules, so that you can avoid interest and penalty. You can improve your financial health. For more information, visit www.sbicard.com or contact customer care.
DA Hike July 2025 : Great news for government employees, DA increased by 4 percent..!
