Some rules of SBI Credit Card are going to change from July 15, 2025, in which major changes like discontinuation of minimum amount due and free air accident insurance will be made. Let’s know about them
SBI Credit Card
SBI Credit Card Rule Change: SBI is the largest government bank in the country which has millions of customers who invest their money in SBI. SBI has recently decided to change the rules of credit card, this new change will be implemented from July 15, 2025. In these changes, new rules will change in the area of minimum amount due of bill and free air insurance cover. Let us know which rules SBI is going to change.
Change in Minimum Amount Due
SBI is going to increase the minimum amount due from July 15 in SBI Credit Card Rule Change, Minimum Amount Due is the minimum amount that you pay by the billing date of every month, if you pay it on time then you are not considered a defaulter and your credit also remains good. Now SBI has changed the way of calculating it, now many more things will be included in the minimum due amount, including 100% of EMI, GST fee, finance charge, over limit amount, 2% of the total outstanding bill from SBI, all these will be included in the minimum amount due, due to which now the user will have to pay more.
Air Accident Insurance
SBI Credit Card Rule Change: Now SBI is going to change the rules of air accident insurance, now the complimentary accident cover given to SBI Card Elite, SBI Card Miles Elite, SBI Card Miles Prime users will be discontinued. Let us tell you that earlier, SBI credit card holders used to get free accident insurance cover of up to one crore rupees and this insurance cover was up to Rs 50 lakh on other SBI cards and insurance of up to Rs 50 lakh was available on other SBI cards like SBI Card Prime, SBI Card Plus which will now be discontinued from July 15.
What will be its effect on card holders
Due to SBI Credit Card Rule Change, customers will now have to pay more every month, but customers will also get an advantage, now they will complete their payment on time and will avoid debt for a long time. To pay the minimum balance of SBI, the cardholder should read his statement carefully and try to make full payment on time and if he has done shopping on EMI, then he should pay it on time based on the scheme offered on the card.
