Synopsis: This article mentions the best SBI credit cards for the people who have a 650+ CIBIL score. It is based on entry-level and co-branded credit cards that are still available for users and offers a scope to improve credit score.
A CIBIL score of 650+ is regarded as a fair credit score in India, which means that the individual has a moderate repayment record with room for improvement. Though there are restrictions on premium credit cards for people with such scores, they are not totally restricted. SBI Card is one of the largest credit card issuing banks in the country and provides various entry-level and co-branded credit cards to its users with average credit scores. These cards also allow spending flexibility to users.
1. SimplySAVE SBI Card
- Fee:
- Joining Fee: ₹499 + GST
- Annual Fee: ₹499 + GST
- Fee Waiver: Annual fee waived if annual spending exceeds ₹1 lakh.
- Benefits:
- 10X reward points per ₹150 spent on dining, movies, departmental stores, and grocery
- 1 reward point per ₹150 on other eligible spends
- 2,000 bonus reward points worth ₹500 on spending ₹2,000 or more in the first 60 days
- 4 Reward points = Re 1
- Pay your outstanding bill using your reward points
To apply for the card, please visit the Official Website
2. IRCTC SBI Card
- Fee:
- Joining Fee: ₹500 + GST
- Annual Fee: ₹500 + GST
- Benefits:
- Get 350 activation bonus reward points on single transaction of ₹500 or more within 60 days of card issuance
- Earn up to 10% value back on IRCTC train ticket bookings via IRCTC app and website applicable on AC1, AC2, AC3, Executive Chair Car, Chair Car
- 1 Reward Point per ₹125 spent on non-fuel retail transactions
- Milestone benefits: 500 Reward Points on payment of renewal fee
- 4 complimentary railway lounge visits per year (1 per quarter)
- 1% Fuel Surcharge Waiver on every transaction between ₹500 and ₹3000 at all petrol stations. Maximum ₹100 per statement cycle
To apply for the card, please visit the Official Website
3. Cashback SBI Card
- Fee:
- Joining Fee/Annual Fee: ₹999 + GST
- Fee waiver: Annual Spend ₹200,000/year
- Benefits:
- 5% cashback on online spends without any merchant restrictions
- 1% cashback on offline spends
- 1% Fuel Surcharge Waiver on every transaction between ₹500 and ₹3000 at all petrol stations. Maximum ₹100 per statement cycle
- Cashback is not applicable for spending on utilities, insurance, fuel, rent, wallets, education, jewelry, railways, etc.
- Worldwide acceptance & ATM cash access
- The maximum cashback that can be earned per statement cycle is capped at ₹4,000
- Most purchases can be converted into EMIs using SBI Card’s Flexipay facility (cashback may not be earned on transactions converted to EMI)
To apply for the card, please visit the Official Website
4. BPCL SBI Card OCTANE
- Fee:
- Joining Fee: ₹1,499 + GST
- Annual Fee: ₹1,499 + GST
- Fee Waiver: Annual fee waived if annual spending exceeds ₹2 lakh.
- Benefits:
- Earn 25 Reward Points per ₹100 spent on fuel at BPCL petrol pumps.
- 1 Reward Point = ₹0.25 when redeemed for fuel vouchers.
- Approximate value back: 7.25% on fuel spends.
- Monthly cap: 2,500 reward points on fuel transactions.
- Earn 10 Reward Points per ₹100 on groceries, dining, movies, and department store purchases. (upto 7,500 rewards points per month)
- Earn 1 Reward Point per ₹100 on other retail purchases.
- 6,000 Reward Points bonus (worth ₹1,500) after payment of the joining fee and card activation.
- 1% fuel surcharge waiver across BPCL petrol pumps is valid on every transaction up to ₹4000. Maximum ₹100 per statement cycle
To apply for the card, please visit the Official Website
5. SBI Card PRIME
- Fee:
- Joining Fee: ₹2,999 + GST
- Annual Fee: ₹2,999 + GST
- Fee Waiver: Annual fee waived if annual spending exceeds ₹3 lakh.
- Benefits
- Welcome e-voucher worth ₹3,000
- Get 20 reward points on utility bill payments; after reaching 3,000 points, earn 2 reward points per ₹100 spent
- Earn 20 reward points per ₹100 on birthday spends
- Complimentary 1-year Club ITC Silver Tier membership
- 4 international Priority Pass lounge visits every year
- 8 domestic lounge visits every year
- Milestone benefits, including Pizza Hut e-vouchers worth ₹1,000 on quarterly spends of ₹50,000
To apply for the card, please visit the Official Website
SBI Credit Cards for 650+ CIBIL Score – Comparison Table
Final takeaway
Depending on the spending habits and requirements of the users, SBI Card offers credit cards for all types of CIBIL scores from 650+. Choosing the right card and making payments on time will enable you to benefit from the card as well as improve your credit score.
Written By Ameet S
