What are the main benefits of the OLA Money SBI Credit Card?

The OLA Money SBI Credit Card offers 7% reward points on Ola rides, 1% on other spends, a zero joining fee, and a fuel surcharge waiver.

Is there a joining fee for the OLA Money SBI Credit Card?

No, the OLA Money SBI Credit Card comes with a Zero Joining Fee, making it accessible from day one.

How can I waive the renewal fee for my OLA Money SBI Credit Card?

The Rs. 499 renewal fee for the OLA Money SBI Credit Card is waived if you spend Rs. 1 Lakh or more annually in the preceding year.

How are reward points redeemed with the OLA Money SBI Credit Card?

Reward points earned with the OLA Money SBI Credit Card are automatically credited to your linked Ola Money Wallet, valued at Re. 1 per point.

Does the OLA Money SBI Credit Card offer international lounge access?

No, the OLA Money SBI Credit Card does not offer any complimentary domestic or international airport lounge access benefits.

What is the foreign currency markup on the OLA Money SBI Credit Card?

The OLA Money SBI Credit Card has a foreign currency markup of 3.5% on all international transactions.

What are the cash advance charges for the OLA Money SBI Credit Card?

Cash advance charges on the OLA Money SBI Credit Card are 2.5% of the withdrawn amount, or a minimum of Rs. 500, whichever is higher.

How do I activate my Ola Money Wallet to receive reward points from the OLA Money SBI Credit Card?

To activate your Ola Money Wallet for the OLA Money SBI Credit Card, complete KYC in the Ola app, upload documents, and enter your PAN for verification.

Can I get add-on cards with my OLA Money SBI Credit Card?

Yes, you can get add-on cards for your family members (parents, spouse, children, or siblings above 18 years) with your OLA Money SBI Credit Card at no extra fee.

What is the maximum fuel surcharge waiver I can get with the OLA Money SBI Credit Card?

The OLA Money SBI Credit Card offers a 1% fuel surcharge waiver, capped at a maximum of Rs. 100 per statement cycle.

State Bank of India

OLA Money SBI Credit Card

TravelShoppingFuel

Last updated: 26 October 2025

Benefits & Features

Explore key benefits designed to maximize your lifestyle

Welcome Offer

Zero Annual Fee for the first year.

Rewards Rate

Earn 7% Reward Points on Ola rides (capped at 500 RP/month) and 1% on all other eligible spends.

Reward Type

Reward Points

Reward Redemption

Reward Points automatically credited to your OLA Money Wallet; 1 Reward Point = Re. 1.

Domestic Lounge Access

Not Applicable

International Lounge Access

Not Applicable

Premium Benefits

Not Applicable

Insurance Coverage

Not Applicable

Movie

Not Applicable

Dining

Not Applicable

Travel Benefits

Earn 7% Reward Points on all Ola rides, directly credited to your Ola Money Wallet.

What matters, explained clearly

Detailed evaluation to help you make the right decision

Frequently Asked Questions

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