Query Regarding SBI Debit Card Annual Charges

[surojitlaha]

Dear Members,

I have a question regarding SBI Bank's Debit Cards, particularly those categorized as First Year Free (FYF). If I were to close a debit card after using it for 11 months and subsequently apply for a new one, repeating this process annually, would the bank deduct any annual charges from my account?

 

[Anupama_Jha]

Yupp. SBI global dc is FYF and u know the rest😎

 

[Jhon Anand]

Dear Members,

I have a question regarding SBI Bank's Debit Cards, particularly those categorized as First Year Free (FYF). If I were to close a debit card after using it for 11 months and subsequently apply for a new one, repeating this process annually, would the bank deduct any annual charges from my account?

Bhai chindi chorpana ki bhi ek hadd hoti hai

 

[surojitlaha]

Bhai chindi chorpana ki bhi ek hadd hoti hai

🤣🤣🤣🤣Usse bhi bura hai ye

 

[peachyrahu]

oh so that’s one way to get ltf card😂

 

[sahil1033]

I've SBI Global debit card having expiry month as July but last year I was charged AMC on 17th Feb 2024 and an year before that AMC was charged on exact same date only i.e. 17th Feb 2023.

I'm not willing to continue with physical debit card from SBI as I already have a virtual DC issued, so, I should cancel the DC now to avoid being charged fee for another year, right?

 

[praful47]

I've SBI Global debit card having expiry month as July but last year I was charged AMC on 17th Feb 2024 and an year before that AMC was charged on exact same date only i.e. 17th Feb 2023.

I'm not willing to continue with physical debit card from SBI as I already have a virtual DC issued, so, I should cancel the DC now to avoid being charged fee for another year, right?

If your expiry month was july then how come Amc got charged in Feb

 

[sahil1033]

If your expiry month was july then how come Amc got charged in Feb

no idea, this has been happening for 2 years in a row now.

 

[Aniket]

I've SBI Global debit card having expiry month as July but last year I was charged AMC on 17th Feb 2024 and an year before that AMC was charged on exact same date only i.e. 17th Feb 2023.

Lol 🤣

I'm not willing to continue with physical debit card from SBI as I already have a virtual DC issued, so, I should cancel the DC now to avoid being charged fee for another year, right?

Yes, you should then.

 

[ShaktiWoman]

I'm not willing to continue with physical debit card from SBI as I already have a virtual DC issued, so, I should cancel the DC now to avoid being charged fee for another year, right?

@Aniket @sahil1033
Won't the virtual card get closed too?

 

[Aniket]

@Aniket @sahil1033
Won't the virtual card get closed too?

No, it won't get closed. Virtual & physical are two different independent cards.

 

[sahil1033]

@Aniket @sahil1033
Won't the virtual card get closed too?

no no, physical and virtual debit cards are 2 separate entities

even in PNB, I've closed physical DC and have only virtual DC totally FREE

 

[coolguy1]

Nope, any new card that you get with FYF conditions will be free for the first year.

But can the bank blacklist you and never give you another card?
Possibly if you exploit too much.

 

[Aniket]

no no, physical and virtual debit cards are 2 separate entities

even in PNB, I've closed physical DC and have only virtual DC totally FREE

 

[cardio_guycardio_guy is verified member.]

I activated virtual debit card on all family accounts but forgot (missed) to close one physical debit card. AMC Rs 236 was charged today for that one. 🙁

 

[2025]

I activated virtual debit card on all family accounts but forgot (missed) to close one physical debit card. AMC Rs 236 was charged today for that one. 🙁

Don't close physical dc if you are using the account as primary account for all purposes. For example, last time I couldn't set emi mandate using VDC. No problem as such in physical. Just keep that in mind.

In my view, VDC is an excellent option to have but cannot be a replacement to physical DC.

 

[Lordkk]

Dear Members,

I have a question regarding SBI Bank's Debit Cards, particularly those categorized as First Year Free (FYF). If I were to close a debit card after using it for 11 months and subsequently apply for a new one, repeating this process annually, would the bank deduct any annual charges from my account?

Anyone else wondering this here is the answer.

When you permanently block a card it remains associated with your account. And there is a limit of how many cards an account can have. it counts both active and inactive cards. I don't clearly remember the limit. I think it is 3.

So, after blocking 3 cards you wouldn't be able to request new card online. You have to visit a branch and request them to remove the cards from your account. And believe me this will be a pain in the ass. I had to visit 3 times and answer a lot of question to get all those cards removed from my account.

 

[6ix9ine]

Anyone else wondering this here is the answer.

When you permanently block a card it remains associated with your account. And there is a limit of how many cards an account can have. it counts both active and inactive cards. I don't clearly remember the limit. I think it is 3.

So, after blocking 3 cards you wouldn't be able to request new card online. You have to visit a branch and request them to remove the cards from your account. And believe me this will be a pain in the ass. I had to visit 3 times and answer a lot of question to get all those cards removed from my account.

Bhai if you had called the customer care, they would've done it for you :/

I myself has changed the status from "BLOCK" to "CLOSED" with the help of customer care.

 

[Anupama_Jha]

Don't close physical dc if you are using the account as primary account for all purposes. For example, last time I couldn't set emi mandate using VDC. No problem as such in physical. Just keep that in mind.

In my view, VDC is an excellent option to have but cannot be a replacement to physical DC.

Yeah, bcs in sbi VDC, u can't set PIN. and without pin u can't set e-mandate.

 

[2025]

Yeah, bcs in sbi VDC, u can't set PIN. and without pin u can't set e-mandate.

As far as I remember we can set pin in VDC also. The issue maybe something else. I am not sure on that though.