Best Low Annual Fee SBI Credit Cards in 2025 and How to Waive Renewal Charges

I will now proceed with writing the article based on the data from the Mint article and supporting sources.Best Low Annual Fee SBI Credit Cards in 2025 and How to Waive Renewal Charges

SBI Credit Cards remain a popular choice among Indian consumers due to their diverse offerings catering to various spending needs and budgets. For savvy users, choosing a credit card with a low annual fee coupled with the opportunity to waive renewal charges makes managing finances even easier. That’s why in 2025, many are focusing on SBI credit cards that offer affordability without sacrificing benefits.

This article explores the best SBI credit cards with annual fees less than ₹500 along with the conditions under which renewal fees can be waived, helping users maximize value and minimize costs.

Also Read: Flipkart SBI Credit Card: Unlock Up to 7.5% Cashback on Shopping and Lifestyle

Understanding SBI Credit Card Annual and Renewal Fees

When you get a credit card, you’re typically charged an annual fee—a one-time charge at the time of joining or card issuance—and a renewal fee every year to continue using the card. While premium cards tend to have higher fees justified by luxury perks, SBI also offers entry-level and mid-segment cards with minimal fees aimed at cost-conscious customers.

Many SBI cards waive the annual fee for cardholders who spend a minimum amount annually, thus encouraging responsible usage while minimizing the cost of card ownership.

Top SBI Credit Cards with Annual Fee Under ₹500

Based on recent data from SBI and financial publications, here are some popular SBI credit cards with annual fees below ₹500:

These cards provide affordability as a major advantage. For example, Shaurya SBI Card is among the cheapest at ₹250 annual fee with an easy ₹50,000 spend target to waive renewal charges.

Don’t Miss: Six Best SBI Credit Cards: Features, Eligibility, and How To Apply

How to Waive Renewal Charges on SBI Credit Cards

One of the biggest wallet-friendly features of these cards is the ability to waive the annual renewal fee by meeting a spending criterion. Generally, you need to spend between ₹50,000 and ₹1,00,000 in the previous year (billing cycle) for the waiver to apply.

• For the Shaurya SBI Card, spending ₹50,000 annually waives the ₹250 renewal fee.
  
• For popular cards like SimplyCLICK and SimplySAVE, spending ₹1,00,000 annually gets you the fee waiver.
  
• In some cases like the BPCL SBI Card, the threshold is ₹50,000, making it easier to avoid fees.
  
• The Vyapaar Unnati SBI Card offers a unique waiver of renewal fees for the first four years, giving entrepreneurs a cost-effective start.
  

This system rewards consistent card usage and encourages cardholders to actively use their SBI credit card for day-to-day expenses or business. Annual spends on groceries, fuel, dining, entertainment, and bill payments can all count towards this waiver.

Benefits of Choosing Low Annual Fee SBI Cards

While the fees are low, these SBI cards still come with several benefits that make them highly appealing:

• Welcome bonuses and reward points on joining and spending.
  
• Accelerated reward points on categories like online shopping, fuel, groceries, dining, and travel.
  
• Fuel surcharge waivers on transactions between ₹500 to ₹3,000.
  
• Dining discounts or cashback on partner merchant outlets.
  
• Complimentary access to offers on lifestyle brands, entertainment, and ecommerce platforms.
  
• Contactless payment and 24×7 customer support.
  

For many users, the advantages of these cards make it easy to offset the annual fee easily through rewards and offers. By meeting the renewal-waiver spend, you can enjoy these benefits essentially at no cost.

Tips to Maximize SBI Credit Card Usage with Low Fees

To get the most from these low annual fee SBI credit cards while avoiding renewal charges, consider the following:

• Track your annual spends carefully to ensure you meet the minimum required spend for renewal fee waiver.
  
• Use your card for monthly essentials such as groceries, fuel, dining out, bills, and subscriptions to accumulate spend naturally.
  
• Take advantage of welcome offers and milestone cashback rewards to capture extra value.
  
• Combine card usage with SBI UPI and digital wallets for convenient payments and sometimes additional rewards.
  
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• Monitor your credit limit and statement dates to optimize spend tracking and avoid last-minute shortfalls.
  
• Regularly check for exclusive offers from SBI and partner merchants to maximize discounts and reward points.
  

Comparing Low Fee SBI Cards for Different Needs

Here is a quick comparison of some prominent low annual fee SBI credit cards based on typical user profiles:

Additional Fees to Consider

Though the annual and renewal fees can be low or waived, users should be aware of other SBI card charges such as:

• Interest on outstanding balances (up to 3.75% monthly).
  
• Cash withdrawal fees (2.5% or ₹500 minimum).
  
• Late payment fees (up to ₹1,300 depending on dues).
  
• Foreign currency transaction fees for international spends.
  
• Reward redemption fees on selected products.
  

Understanding these charges helps in healthy credit card management and avoiding unwanted costs.

Conclusion

For consumers seeking affordable, low annual fee credit card options in 2025, SBI’s range of cards offers competitive choices without compromising on rewards and convenience. The ability to waive renewal charges by meeting modest annual spend thresholds makes these cards wallet-friendly and ideal for both everyday users and small business owners.

The Shaurya, SimplyCLICK, SimplySAVE, BPCL, and Vyapaar Unnati cards stand out in this category, each catering to specific spending habits and preferences. By choosing the right card and utilizing it smartly, cardholders can minimize fees while earning exciting rewards and enjoying SBI’s trusted banking benefits.

When selecting an SBI credit card, consider your spending patterns, renewal fee waiver conditions, and the benefits offered. This approach will help maximize your relationship with SBI Cards and keep your credit card costs low in 2025 and beyond.

This comprehensive guide should serve as a valuable resource for anyone researching SBI credit cards with low annual fees and renewal fee waivers this year.