Fees read from issuer pageUpdated 2026-07-28
SBI Card
Ola Money SBI Card
No annual fee
LinePersonal
Joining feeNot stated
Annual feeNil
Forex markupNot stated
Rewards, as stated by the issuer
- 7% Reward Points on all Ola rides
- 1% Reward Points on all other spends
Other benefits
- Zero Annual Fee for the First year
- Second year onwards, renewal fee of Rs. 499 reversed on annual spends of Rs. 1 Lakh
- Click here to know how to become an active Ola Money wallet user
- 1 Reward Points = Rs. 1
- Please Click here for detailed T&C
- Enjoy a 1% fuel surcharge waiver at all petrol pumps across India
- Maximum waiver of Rs. 100 per statement cycle
- Accepted in over 24 million outlets globally, including 3,25,000 in India
- Make payments at any outlet that accepts Visa or MasterCard
- Convert eligible purchases into easy monthly EMIs
- Applicable on transactions of Rs. 2,500 or more
- Click here to know more
- Empower your family with add-on cards for your parents, spouse, children or siblings above the age of 18
- Pay your electricity, telephone, mobile and other utility bills using the Easy Bill Pay facility. Click here to know more
- Save money on your credit card repayments
- Transfer outstanding balances of other banks’ credit cards to your OLA Money SBI Card at a lower interest rate and repay in easy EMIs. Click here to know about Balance Transfer on EMI
- Login to your account to avail this facility
- Get a draft or cheque against your cash limit and get it delivered to your doorstep
Lounge access
No airport lounge rule is listed on this card's page.
Eligibility
Income
- Monthly income up to ₹49,999
Every fee line found on the page
- Renewal Fee (per annum): Rs. 499 + taxes from second year onwards
- Renewal Fee is reversible if annual spends for last year ≥ Rs. 100,000
- What is Joining Fee and Renewal Fee of the card? There is no Joining Fee on the OLA Money SBI Card. The Renewal Fee is Rs. 499 + taxes from second year onwards. Renewal Fee is reversible if annual spends for last year ≥ Rs. 100,000
- Zero Annual Fee for the First year
- Second year onwards, renewal fee of Rs. 499 reversed on annual spends of Rs. 1 Lakh
- Enjoy a 1% fuel surcharge waiver at all petrol pumps across India