SBI Virtual Debit Card – Benefits, Fees & Eligibility

Introduction

The SBI Virtual Debit Card, issued by SBI (State Bank of India), is a digital-first offering available on the RuPay, VISA, and MasterCard networks. Positioned for the normal Savings Bank Account segment, it emphasizes convenience and green banking by providing instant card generation without a physical plastic card. Key differentiating benefits include its free issuance and zero annual maintenance charges, instant usability for e-commerce and contactless payments via device tokenization, and a comprehensive rewards program.

Welcome Benefits

• Activation Bonus: Earn up to 300 Bonus Reward Points by making 3 payments with your new SBI Virtual Debit Card, online or in-store, within 2 months of issuance, with a minimum transaction of Rs.2000/-.
  • 1st Use: 50 points
  • 2nd Use: 100 points
  • 3rd Use: 150 points

Fees & Charges Breakdown

• Joining Fee: Nil (Issuance Fee for Virtual Card).
• Renewal Fee: Nil (Annual Maintenance Charges).
• Spend-Based Waiver Threshold: Not applicable, as there are no annual maintenance charges to waive.
• Foreign Currency Markup: All International transactions will be subject to applicable fees, charges, and taxes.
• Interest Rates: Not applicable for a debit card's spending.
• Fuel Surcharge Waiver Rules: Not mentioned.
• Cash Advance Charges: Not applicable, as the Virtual Debit Card cannot be used for cash withdrawal.
• Add-on Card Fee: Not mentioned.
• Other Charges: The charges are subject to change at the discretion of the bank.

Rewards & Cashback Structure

• Monthly Cap: Earn up to 10,000 SBI Reward Points every month, with a cap of Rs. 1,000/- per transaction.
• Standard Reward: Earn 2 Reward Points per Rs.200 spent online or in-store with your SBI Virtual Debit Card (effective from 05th June 2025).
• Milestone Bonus: Earn 1,000 Bonus Reward Points on PoS and E-commerce spends of ₹1 lakh or more in a month (spends on MCC-6540 excluded).
• Birthday Bonus: Earn 2x Reward Points on spends made with your Debit Card during your birthday month.
• International Payments: Earn 2x Reward Points on international spending, online or in-store.
• Partner Brands: Earn extra Reward Points on every purchase at Loyalty program partner brands, online, in-store, and via SBI Rewardz.

Reward Redemption Options

• Redemption Channels: You can redeem your SBI reward points through the website "rewardz.sbi", SBI REWARDZ App, Yono App, and RINB.
• Recharge & Bill Payments: Pay for mobile recharge, DTH, electricity, gas, or FASTag through Bharat Bill Pay using your Reward Points.
• Movie Tickets: Redeem Reward Points on Book My Show for movie tickets.
• Merchandise & E-vouchers: Explore and save on a range of home & kitchenware, décor, electronics, pooja items, gifting options, and other shopping.
• Travel: Save on every flight, bus, and hotel booking by redeeming your Reward Points.
  • Compare and fly for great deals.
  • No convenience fee.
• Partner Brands: Redeem Reward Points on every purchase at Loyalty Program partner brands, online, in-store, and via SBI Rewardz.

Travel, Lounge & Lifestyle Perks

• Movie Offers: Redeem Reward Points on Book My Show to save on movie tickets.

Card Eligibility Criteria & Income Requirements

• Issuance Criteria: To be issued in the normal Saving Bank Account (Non-FI) segment.
• Application Process:
  • Login to YONO App.
  • Navigate to Cards >> SBI Debit Card.
  • Select your Savings Bank Account.
  • Select the option "Request for new Card".
  • Choose "Virtual Debit Card".
  • Accept Terms & Conditions.
  • Submit.
  • Enter OTP.
  • Your Virtual Debit Card will be generated instantly and can be used after activation.

Important Product Details

• Card Type: Virtual Debit Card, no physical card issued.
• Issuance: Instant generation of the debit card.
• Green Banking: No use of plastic and card chip.
• Validity: 5 years from the date of issuance.
• Usage:
  • International and Domestic Channels: e-Commerce, Contactless (Device Tokenisation payment through Google Pay & Samsung Pay).
  • Contactless payment facility available through Near Field Communication (NFC) enabled Android mobile phones (presently on MasterCard and VISA Debit Cards).
  • Used for PoS transactions (Contactless) through Android mobile phones.
  • Usage for e-Commerce, International, E-mandate.
• Limitations:
  • Cannot be used for Cash Withdrawal.
  • Daily Cash Limit at ATMs: Nil.
  • Only 1 Virtual Debit Card issued per account per customer.
  • Customer can permanently block an existing Virtual Debit Card and request a new one after a cooling period of 15 days.
  • Number of times a request can be made in a year for a Virtual Debit Card through online channels: 2.
  • Valid on select international merchant websites only. The bank reserves the right to add or remove any international online merchants at its discretion, with or without prior notice.
• Security & Management:
  • Initially, the Virtual Debit Card generated will not be enabled for E-Commerce, International, and Contactless transactions to ensure enhanced security.
  • Cardholders can enable and disable their Virtual Debit Card usage, and Set/Modify daily transaction limits for different transaction types.
  • This functionality is available via YONO App (Login to YONO >> Cards >> SBI Debit Card >> Select option Manage Limit/ Usage), Internet Banking (post login >> e-services >> Virtual Debit Card >> View/Manage Card), YONO Lite, SBI ATM, and through Branch.

Other Details

• Contactless Limit for Tokenised Payments: Maximum Rs. 5,000/- per transaction.
• Daily Purchase Limit e-Commerce: Rs. 50,000/-.
• Card Tokenization Service: Available on Master Card and Visa Network for NFC transactions, currently supported by Android mobile phones with NFC capability (e.g., Samsung Pay, Google Pay).
• International Transactions: OTP / PIN may not be required to complete transactions on international merchant websites. Bank’s regular dispute settlement process will also be applicable for international transactions.
• Blocking Virtual Debit Card: Once blocked, a Virtual Debit Card cannot be unblocked. It can be permanently blocked through:
  • SMS: Send "BLOCK XXXX" to 567676 from the registered mobile number (XXXX is the last 4-digits of the Card).
  • YONO App: Login to YONO >> Cards >> SBI Debit Card >> Select Block Card option.
  • 24x7 Helpline: Call 1800 1234, 1800 2100, or +9180-26599990.
  • Internet Banking: Post login >> e-services >> Virtual Debit Card >> View/Manage Card.
  • SBI Branch: Visit any nearest SBI Branch with a written request.
• Basic Safety Tips: Do not download unauthorized software, do not share CVV/CVC/CVD/OTP/expiry date, refrain from taking help from strangers for online transactions, use the card only on secured networks and reputed websites, keep track of transactions, and notify the Home Branch of any change in mobile/telephone number.
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