Cardfare / What changed / SBI Card adds 1% fee on education via apps and on wallet loads

SBI Card adds 1% fee on education via apps and on wallet loads

SBI Card charges 1% on education payments made through third-party apps such as CRED or MobiKwik, while paying the school or college directly stays free. Wallet loads above ₹1,000 also attract a 1% fee.

Reported by Upstox News. SBI Card hasn't published this on its own site yet, so treat it as unconfirmed.

Cards affected

Applies across SBI Card's credit cards.

Source

A 1% fee of the transaction amount will be applicable on education payments made through third-party apps.

Upstox News

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