The SBI Add-On Credit Card is a convenient supplementary card suitable for family members. Moreover, the Add-On Credit card does not affect the CIBIL score of the user since it is linked to a primary credit card. In addition, the primary cardholder has complete control over the Add-On card utilisation. Therefore, it is a much-preferred choice among families.
Eligibility Criteria for Add-On Credit Cards
Unlike regular credit cards, the Add-On Credit Card does not impose too many restrictions. However, the primary cardholders’ SBI CIBIL Score is considered to apply for an Add-On card. Apart from it, the Add-On card applicant must be 18 years of age or above. Some of the other eligibility criteria are:
- Add-On applicant must be related to the primary cardholder.
- The primary cardholder must have an SBI credit card with a good SBI CIBIL Score.
Application Process for Add-On Credit Cards
SBI account holders can apply for the card through online and offline methods. To apply for the card online, the applicant can follow the below steps:
- Go to the SBI cards website.
- Login to your SBI account.
- Open the Services menu and select the option of Add-On Card.
- Fill in the details of the Add-On card applicant.
- Complete the KYC and verification process.
- Click on submit.
To apply for an Add-On card offline, applicants must follow the following steps:
- Download the Add-On Credit Card application from the website.
- Fill in all necessary details of the applicant.
- Attach the necessary KYC documents.
- Submit the form and documents to the SBI Cards and Payments Services office via courier.
It is important to note that SBI is currently accepting applications only from the following cities:
- Delhi NCR
- Mumbai
- Pune
- Bangalore
- Chennai
Documents Required For Add-On Credit Cards
Like any other credit card, applicants must submit identity proof and KYC documents for Add-On credit cards. The following is a list of documents necessary for the application:
- Passport size photographs
- Identity proof like Aadhar, Voter ID, PAN, etc.
- Address proof – Necessary only if the applicant does not live with the primary card holder.
Apart from the documents, the applicant must provide information such as name, gender, date of birth and relationship with the primary cardholder.
Add-On Credit Cards: Fee & Charges
SBI Add-On Credit Cards do not levy a joining or renewal fee. However, other charges such as GST are applicable on the Add-On card. Moreover, most of the fees are imposed on the primary cardholder.
Features of the Add-On Credit Cards
The Add-On card is different from regular credit cards. They have the following distinctive features:
- Shared Credit Limit – SBI provides a single credit limit to be shared by Add-On card applicants and the primary cardholder. Therefore, SBI issues a combined statement for the primary and Add-On cards.
- Fuel Surcharge Waiver – Similar to the credit limit, Add-Ons must share the fuel surcharge waiver limit with the primary cardholder.
- Points & Rewards – Add-Ons cannot use the rewards or offers of the primary cardholder. Any offers or rewards, such as gift cards or lounge benefits, are reserved for the primary cardholder. Moreover, points accumulated on the Add-On card are credited to the primary cardholder.
- Liability – Primary cardholders are responsible for all transactions and usage of the Add-On. Moreover, any important notice or information relating to the Add-On is sent to the primary cardholder. Lastly, Primary cardholders have access to manage the Add-On transactions.
- Number of Applicants – A primary cardholder can apply for up to 5 Add-ons. However, some SBI credit cards may allow only 2 Add-Ons.
The SBI Credit Card is a great option to teach beginners about credit cards without worrying about SBI CIBIL Score. In addition, the Add-On card is eligible for flexible instalment payments, making it similar to most credit cards. Moreover, the application and management of Add-On cards are simple.
