New Delhi, Oct. 29 -- SBI Card will levy a 1% fee on high-value fuel and transportation transactions from December 1 2026, according to a communication it issued on October 27. The revised charges will apply across all SBI credit card variants.

The two categories have different thresholds. Transportation charges depend on the value of an individual transaction, while fuel charges are based on total spending in a billing cycle. A credit card billing cycle is the 28- to 31-day period between two statement dates, during which the issuer records all purchases, payments, cash withdrawals and fees.

From December 1, SBI Card will charge 1% on any single transportation transaction above Rs.30,000. The fee applies to transactions under Merchant ...