Is there any LTF SBI card at all?

[srikant]

I'm thinking since it looks like SBICard has hit its 25-year anniversary whether they'll introduce something LTF now ...

 

[romilq]

Not any I know of expect the one which is FD based I think but nowadays I don't understand the meaning between LTF and non-LTF. If you call the bank and ask to close the card citing the annual fees levied they readily reverse it along with GST and that too every year. So paid or LTF its all the same nowadays at least in my experience. I know some banks sometimes deny to reverse fees.

 

[srikant]

This is helpful. My first card is BoB's -- originally "Elite", currently "Easy" -- since 2014. Then I got HDFC MoneyBack in 2015. After that I got a home loan in 2022 -- and got four more cards in Apr and May this year -- PNB Platinum RuPay (essentially LTF), IDFC Millenia and ICICI Platinum (really LTF), and Kotak Urbane (only 15k annual spend for fee waiver).

At present I can't realistically threaten HDFC (or BoB) with closure, as that'll reduce my credit age drastically. But will do it in a couple years if they annoy me, once my "baby" credit cards turn 2.5+.

 

[TheMentalist]

I'm thinking since it looks like SBICard has hit its 25-year anniversary whether they'll introduce something LTF now ...

For existing customers, they are doing that : https://www.technofino.in/community/threads/pro-tips-to-make-a-sbi-card-life-time-free.10592/