Pro Tips to make a SBI card life time free

[RkrRkr is verified member.]

Pro Tips-

Simple way to make Any basic to mid range SBI card LTF is to "Just raise a closure of card account request through Sbi card app .After few hours you will receive a call to ask a reason for cancellation ,there tell them Either make it Life time free or cancel the card.They will make your Card LTF.Done on my both sbi card and now both are LTF.Service request to make your card LTF is taken as PCT id is to be changed.You can check in service request tracking menu.

Caution:-If you holding multiple cards of SBI then kindly do this process at one card at a time only.Do on other card after at least month. If at any point SBI Card is not agreeing on LTF and offering you Annual Fee waivers only then Accept Fee waivers at that moment and Apply the same trick Again after 1 or 2 months for LTF.
IF ANYONE HAVING ANY SPECEFIC CONCERN THEN DO DM.

Edit 1-If afterall anyone missed the call from retention team then they can simply call customer care and there simply tell them to connect/transfer you call to retention team as i want to discuss regarding my card closure request.They will connect you to their retention team and now there you can project the above trick to get your card LTF ..


Edit 2(09 July 2023)-Even people have made sbi cards having fee upto 1499 LTF and even higher varriant cards you will get equivalent reward points or miles or annual fee waiver in place of LTF.

Edit 3(15 October 2023)- Even people have made their SBI cashback credit card LTF by their skill of negotiation.

Edit 4-Now a days SBI Cards sometime,closing the card without calling so suggest now dont place request through app by self .Call customer care directly and ask them for LTF/fee waivers or to transfer the call to retention team for doing the same.

 

[Animal]

Anyone here got Sbi elite LTF or fee waived for a year?

Elite is the only sbi card I have and I use it very less. Thinking of closing it when annual fee date comes. What other sbi card I can apply before then. Cash back card?

I primarily use sbi card for online sales time.

Apply Simply Save or Simply Click. Cashback card is not eligible for online sales.

 

[Jackk]

Did anyone manage to get a joining fee reversal for SBI Cashback Card?

 

[Premium]

Just got my fee reversed. Called on 1800-180-1290 and asked for card closure stating issuance charges are high, and how other bank cards are not charging this much. Initially the agent said, it is policy, but I asked to be connected to retention team, she said she can raise a request for charge reversal. I agreed.

It might be of concern that I have SBI CB which is 3 month old and has expenses of 1.5L already. Fee waiver is at 2L.

 

[eldraco]

Anyone with fees already waived due to 2L spends tried this?

My fees is reversed and card is also converted to LTF already. I still see this offer, but not having courage of clicking on last page, just in case they close the card😅.

My simplyclick's annual fee was already reversed a few months back due to more than 1 lakh spends last year. They still gave me 500 rupees on availing this offer.

I was thinking of closing this card even if they make it ltf. Now since they've paid me 500 rupees for keeping the card, I'm gonna reconsider that.

 

[Jackk]

Just got my fee reversed. Called on 1800-180-1290 and asked for card closure stating issuance charges are high, and how other bank cards are not charging this much. Initially the agent said, it is policy, but I asked to be connected to retention team, she said she can raise a request for charge reversal. I agreed.

It might be of concern that I have SBI CB which is 3 month old and has expenses of 1.5L already. Fee waiver is at 2L.

Okay! So one shall wait for the joining charge to get debited first and then try for the method quoted after a month or two of usage?

 

[Premium]

Okay! So one shall wait for the joining charge to get debited first and then try for the method quoted after a month or two of usage?

yeah that should be ideal but have some expenses to show

 

[Premium]

Got my fee reversed by asking the agent to raise closure request. She offered fee reversal if I continue to use the card.
Card is 3 month old and has 1.5L expenditure.

 

[prashu]

Is it true that we can hold two bpcl cards ? Basic varient and octane varient?

 

[John Since]

Is it true that we can hold two bpcl cards ? Basic varient and octane varient?

Nope they will close one if you apply the other. Same happened with me this week.

 

[prashu]

I am looking for octane card so raised card closure request. Got a callback from team and he said i can apply for octane card without closing the basic varient and converted the basic varient to ltf.
Additionally he raised for SR for Upgradation to octane visa.

 

[Centurion_wala]

Guys, as far as I’ve understood, SBI system generates an LTF offer internally if a user crosses the spend threshold. It can be accessed and executed only by the Retention Team. Is that right?
Does anyone have an idea when is the offer generated?

FYI - I have SBI cashback card which I got last year and spent more than 3L with it. It will complete anniversary year in next month on 22 Aug. When do I raise closure request?
(Now/ before 22 Aug or after 22 Aug?)

@Rkr @jack333 @SSV

 

[Deepak_Shetty]

Guys, as far as I’ve understood, SBI system generates an LTF offer internally if a user crosses the spend threshold. It can be accessed and executed only by the Retention Team. Is that right?
Does anyone have an idea when is the offer generated?

FYI - I have SBI cashback card which I got last year and spent more than 3L with it. It will complete anniversary year in next month on 22 Aug. When do I raise closure request?
(Now/ before 22 Aug or after 22 Aug?)

@Rkr @jack333 @SSV

Chances are more in November month, as per my understanding.

 

[RkrRkr is verified member.]

Guys, as far as I’ve understood, SBI system generates an LTF offer internally if a user crosses the spend threshold. It can be accessed and executed only by the Retention Team. Is that right?
Does anyone have an idea when is the offer generated?

FYI - I have SBI cashback card which I got last year and spent more than 3L with it. It will complete anniversary year in next month on 22 Aug. When do I raise closure request?
(Now/ before 22 Aug or after 22 Aug?)

@Rkr @jack333 @SSV

Don't raise via app.
.Go through customer care and do try after 22 Aug 24.

 

[bornmonkey]

Something interesting happened. I have 2 cards - FBB & CB. Tried closing FBB last year, instead they offered a fee reversal and I can retain the reward points that comes with annual fee payment. The executive was pushing a lot and I was tired, so I said okay.

Couple of days ago I called again - told them I have not done a single transaction in last year and absolutely no use of holding this card. The executive was again pushing me a lot and tried to convince me that I can take benefits of all SBI card offers. I told him I have another card which I'm using for SBI offers. He asked me which card and then put me on hold for 2 mins.

Then he came back with an offer - fee waiver for FBB and along with it he will also convert my CB card to LTF. It was a pleasant surprise coz my plan was to close FBB now and raise a closure request for CB few months down the line to make that LTF. Now, the only thing left is to call them next year and try to close FBB one more time.

 

[bigbyte]

If you donnot have any other SBI card you may keep FBB card as during sales, SBI Card offers are not applicable on CB card.

 

[gopalkaul]

Holding SBI BPCL Octane, less than 1 year old.
Just got message that I hit 3L spends and I got milestone voucher
Any luck for me? Should I mail them or call the customer support?
I want this card to be LTF so I can take Cashback card..

 

[metal_heart]

Holding SBI BPCL Octane, less than 1 year old.
Just got message that I hit 3L spends and I got milestone voucher
Any luck for me? Should I mail them or call the customer support?
I want this card to be LTF so I can take Cashback card..

If you have already achieved milestone, chances of getting LTF gets reduced

However, if you have another paid SBI you can always suggest/request to make either one LTF

 

[Tarun239]

I have spent around 1.2 lakh on my cashback credit card, around 10 months old, what are chances of making it ltf? Should I wait, spend more or give it a try? @Rkr

 

[metal_heart]

Most of the ppl who got it converted to LTF had the card for over an year. You can always request a fee waiver, whose probability is much higher than LTF

around 10 months old,

 

[Tarun239]

Most of the ppl who got it converted to LTF had the card for over an year. You can always request a fee waiver, whose probability is much higher than LTF

Yaa was thinking of same, to have patience and wait