Pros and cons of the SBI credit card

Creating a benchmark in providing ultimate banking solutions, the State Bank of India has come up with its extensive array of credit cards for endowing its customers with a life of convenience in every aspect. Be it the travel enthusiasts or the shopaholics, the middle or the elite class, SBI bank has cards for every strata and needs of people. Read on to know about the pros and cons of these credit cards.

Pros

Ready cash facility Have you ever faced a situation where you go window shopping and get enticed by a music system or apparel costing quite a handsome amount? Surely you had not come prepared. The Lifestyle SBI credit card come handy during such times, wherein you can avail the cash instantly on credit without having to carry money. If you are running short of money and need to make an immediate bill payment, just pay the amount through the Lifestyle credit card on the SBI net banking facility. Travelling and reservations With SBI Spice Jet, GO Air and Railway cards, you can enjoy many advantages. Some of these are instant cash withdrawal from 1.2 million Visa ATM counters over the world even while you travel, surcharge waiver on fuel of Rs 100 per card each month, reservation through SBI online login for railway and fight tickets and the likes. If you pine for buying this gorgeous red dress or the sleek, trendy mobile, just go for it with these cards with the benefit of paying on monthly instalment basis on SBI credit card online facility. Luxury unlimited The crème de la crème card holders of the premium Platinum cards have the advantages of drowning and pampering themselves. This is done amidst an ocean of luxury with accesses to Airport Lounges across the world, membership to King Club Gold Tier and discounts on Kingfisher Airlines.

Cons

The disadvantages of SBI credit card as such, are hard to think of. However, as with credit cards of any other bank, SBI credit cards should also be used cautiously. People often tend to become spendthrift with cards in their wallets and have to face the consequences later when their jaws drop while countering the vicious debt trap. SBI like other banks also tends to add up its own quota of expenses in the name of medical insurances and the likes which remain unaccounted for. To sum up Given the breathtaking facilities and benefits that the SBI credit cards bestow, it is worthwhile to opt for the ones catering to your palate, if you can be conscious of utilising them with diligence and frugality.