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.

 

[Tarun239]

For cashback card to be made ltf, how much old should the card be to have better chance of converting into ltf?

 

[rakesh3929]

There is no option to claim joining fees. There are 1 Card replacement fees 2. Finance Charges 3. Late payment fees 4. Overlimit fee 5. Payment dishonour charges 6. Residual interest charges.

Exactly the same options even i see in app

 

[Rohith-2009]

There is no option to claim joining fees. There are 1 Card replacement fees 2. Finance Charges 3. Late payment fees 4. Overlimit fee 5. Payment dishonour charges 6. Residual interest charges.

But cc reversed my joining fee on bpcl card. But they said it as annual fee reversal

 

[rakesh3929]

1.5 yrs old

May i know your limit and total spends on this card. My card is 2 years old. Received it on December 2022. Have 20k limit. I spend roughly 6-7k per month.

 

[Master Chief 117]

SBI being SBI, they didn’t give me fee waiver but other unnecessary waivers. Any option i chose as shown in attachment and it says “This fee hasn’t been levied on your card”

No fee waiver first of all 🙁

May i know which option you chose? May be they don’t have a similar offer for me yet

Change reason for card closure to Financial Issues, If annual fee waiver offer available, it show there

 

[rakesh3929]

Change reason for card closure to Financial Issues, If annual fee waiver offer available, it show there

Nope. It just shows me “Enjoy credit card spend offers” banner. If I click on it, it takes me to sbi card website offers.

 

[Kunal Rathod]

My card is 2 years old. Received it on December 2022. Have 20k limit. I spend roughly 6-7k per month.

What was your card limit initially? Did sbi decrease your limit?

 

[rakesh3929]

What was your card limit initially? Did sbi decrease your limit?

20k and no

 

[rajcasio]

Thanks for the TIMELY HELP 🤪
View attachment 79922
View attachment 79923
View attachment 79924

BEWARE
This option is considered as a real CARD CLOSURE request.
Customer guys called and asked me for the consent to close the card😱
I told them i want to retain the card and they asked me to verify details about residential address, mother's name, company name etc like in the case of issuing a new card
So beware and expect mail with reference number & calls from SBI after this waiver

 

[CyberPsych]

For cashback card to be made ltf, how much old should the card be to have better chance of converting into ltf?

2+ years old and well over 2 lakhs spent every year is what I read through this forum

 

[Tarun239]

2+ years old and well over 2 lakhs spent every year is what I read through this forum

Ok thanks, issue is now with so many cards, spends are distributed across them, very difficult to acheive 2 lakh plus spend for me on single card especially with so many exclusions.

 

[CyberPsych]

Ok thanks, issue is now with so many cards, spends are distributed across them, very difficult to acheive 2 lakh plus spend for me on single card especially with so many exclusions.

Then difficult for you to convert it into LTF. May be use this card for 2 years or stay with cashback acquired - card fees = your profit from card

 

[helloworld]

Ok thanks, issue is now with so many cards, spends are distributed across them, very difficult to acheive 2 lakh plus spend for me on single card especially with so many exclusions.

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