SBI Foreign Travel Card: Full list of fees, charges, variants and currency reload limit in 2023 | The Financial Express

SBI Foreign Travel Card: Full list of fees, charges, variants and currency reload limit in 2023

State Bank Foreign Travel Card variants, fees and transaction charges in 2023: State Bank of India is offering prepaid multi-currency foreign travel cards that you can use to make your foreign trips trouble-free and convenient.

State Bank Multi-Currency Foreign Travel Card
Check key details of SBI Multi Currency Foreign Travel Card by State Bank of India.

State Bank Foreign Travel Card variants and transaction charges in 2023: State Bank of India is offering a prepaid foreign travel card that you can use to make your foreign trips trouble-free and convenient.

The State Bank Foreign Travel Card offers a convenient way of carrying cash across the world, except in India, Nepal and Bhutan. Read below for details about eligibility, supported foreign currencies, reload limit, and different variants of this card.

State Bank Foreign Travel Card (SBFTC) variants

State Bank Foreign Travel Card is available in two variants.

  1. On the Visa platform, this card is available as a single currency card in eight international currencies. The supported currencies are US Dollars(USD), Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), Saudi Riyal (SAR) and Singapore Dollar (SGD).
  2. On the MasterCard platform, SBFTC is available as a multi-currency card in seven foreign currencies – US Dollars(USD), Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), Singapore Dollar (SGD) and UAE Dirham (AED).

State Bank Foreign Travel Card: Eligibility

Any resident individual in India who wants to travel abroad, except Nepal and Bhutan, can apply for State Bank Foreign Travel Card, according to the SBI website.

State Bank Foreign Travel Card: How to apply

You can apply for SBI Foreign Travel Card online by visiting https://prepaid.sbi website. You can also apply for this card offline by visiting an authorised SBI branch.

State Bank Foreign Travel Card: Fees and charges

USDGBPEUROCADAUDJPYSARSGD
FTC Issuance FeeRs.100+GSTRs.100+GSTRs.100+GSTRs.100+GSTRs.100+GSTRs.100+GSTRs.100+GSTRs.100+GST
Add on Cards(Not exceeding 2)Rs.100+GST
each
Rs.100+GST
each
Rs.100+GST
each
Rs.100+GST
each
Rs.100+GST
each
Rs.100+GST
each
Rs.100+GST
each
Rs.100+GST
each
Re-load on FTCRs.50+GSTRs.50+GSTRs.50+GSTRs.50+GSTRs.50+GSTRs.50+GSTRs.50+GSTRs.50+GST
Replacement Card fee in case of lost/stolen card(postage US$-20 extra or Rs.50.00 for delivery within India)USD 2.00Pounds 1.25Euros 1.60CAD 2.00AUD 2.00JPY 160.00SAR 8.00SGD 1.65
Chargeback Fee #USD 2.00Pounds 2.00Euros 2.00CAD 2.00AUD 2.00JPY 200.00SAR 7.00SGD 3.00
ATM Withdrawal FeeUSD 1.75Pounds 1.25Euros 1.50CAD 1.75AUD 2.00JPY 175.00Rs.SAR 7.00SGD 2.00
Physical Statement of FTC @USD 2.00Pounds 1.25Euros 1.60CAD 2.00AUD 2.00JPY 160.00SAR 8.00SGD 1.65
ATM Balance enquiry feeUSD 0.50Pounds 0.50Euros 0.50CAD 0.50AUD 0.50JPY 50.00SAR 2.00SGD 1.00
Minimum amount of initial loadUSD 200Pounds 120Euros 150CAD 200AUD 200JPY 15800SAR 750SGD 250
Minimum amount of re-loadUSD 200Pounds 120Euros 150CAD 200AUD 200JPY 15800SAR 750SGD 250
Duplicate ATM PIN/WEB PIN issuance chargesUSD 2.00Pounds 1.25Euros 1.60CAD 2.00AUD 2.00JPY 160.00SAR 8.00SGD 1.65
Source: SBI website as of February 24, 2023
Source: SBI website as of 24h February 2023

Who should apply for SBI Foreign Travel Card?

The State Bank Foreign Travel Card may be useful for anyone travelling abroad as it reduces the need to carry cash or go through the hassles of going around money changers for encashing traveller’s cheques. With the help of this card, travellers will be able to save the money lost in exchanging currencies. Travellers can use this card for making payments during shopping, dining or visiting places without worrying about carrying or losing cash.

Also Read: SBI Credit Card fees and charges 2023

SBI website says that this card reduces the need to pay annual fees, joining fees, credit limit etc. usually linked with international credit/debit cards.

(Disclaimer: The above content is for information purposes only. Fees and charges are subject to change. Therefore, please verify the details with the bank before applying).

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First published on: 24-02-2023 at 14:17 IST
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