{"id":82666,"date":"2025-12-08T13:30:14","date_gmt":"2025-12-08T08:00:14","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=82666"},"modified":"2025-12-08T13:30:19","modified_gmt":"2025-12-08T08:00:19","slug":"ola-money-sbi-card","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/ola-money-sbi-card\/","title":{"rendered":"OLA Money SBI Card: Benefits, OLA Wallet And Charges"},"content":{"rendered":"\n<div class=\"wp-block-group has-background\" style=\"background-color:#f2f5f9\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h3 class=\"wp-block-heading\" id=\"key-takeaways\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>OLA Money SBI Card gives 7% rewards on Ola rides (up to \u20b9500\/month).<\/li>\n\n\n\n<li>Reward points auto-credit to your Ola Money wallet at a 1:1 value.<\/li>\n\n\n\n<li>Card is free for the first year; renewal fee waived on \u20b91 lakh annual spend.<\/li>\n\n\n\n<li>Includes fuel surcharge waiver, partner deals, and welcome perks worth \u20b910,000+.<\/li>\n\n\n\n<li>Offers global usability, EMI conversions, add-on cards, and easy bill payments.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>Do you spend a fair bit on Ola rides each month and wonder how to cut that cost with zero effort? The Ola Money SBI Card turns every ride into a smart savings tool.<\/p>\n\n\n\n<p>As a co-branded card by SBI Card and Ola, it gives a strong 7% return (up to \u20b9500) on every Ola ride. Each reward point lands straight in your Ola Money wallet.<\/p>\n\n\n\n<p>One point equals \u20b91, so every ride gives you real value back. Let us explore the full set of benefits it puts in your hands.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#privileges-of-ola-money-sbi-credit-card\">Privileges of OLA Money SBI Credit Card<\/a><\/li><li><a href=\"#kyc-updation-process-for-ola-money-wallet\">KYC Updation Process for Ola Money Wallet<\/a><\/li><li><a href=\"#how-to-activate-the-ola-money-wallet\">How to Activate the Ola Money Wallet?<\/a><\/li><li><a href=\"#general-features-of-the-ola-money-sbi-card\">General Features of the OLA Money SBI Card<\/a><\/li><li><a href=\"#charges-of-sbi-ola-money-credit-card\">Charges of SBI OLA Money Credit Card<\/a><\/li><li><a href=\"#ola-money-sbi-card-application-process\">OLA Money SBI Card Application Process<\/a><\/li><li><a href=\"#conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"privileges-of-ola-money-sbi-credit-card\"><strong>Privileges of OLA Money SBI Credit Card<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2025\/12\/Ola-Money-privileges-1024x682.jpg\" alt=\"Privileges of OLA Money SBI Credit Card\" class=\"wp-image-82668\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2025\/12\/Ola-Money-privileges-1024x682.jpg 1024w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2025\/12\/Ola-Money-privileges-300x200.jpg 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2025\/12\/Ola-Money-privileges-150x100.jpg 150w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2025\/12\/Ola-Money-privileges-768x512.jpg 768w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2025\/12\/Ola-Money-privileges.jpg 1075w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>Let us start with a perk that catches every eye! The SBI OLA credit card is free, and you pay nothing in the first year. From the second year, a small \u20b9499 fee applies, but even that drops to zero once you spend \u20b91 lakh in a year.<\/p>\n\n\n\n<p>Now that the price hurdle is out of the way, here is what else this card offers:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Rewards on Daily Spends:<\/strong> Every non-Ola payment earns 1% in reward points that are added to your Ola Money wallet. Even routine purchases give small but steady gains.<\/li>\n\n\n\n<li><strong>Fuel Fee Relief:<\/strong> A 1% fuel surcharge waiver applies at stations across India, with a cap of \u20b9100 per statement cycle. This trims your monthly fuel outflow with ease.<\/li>\n\n\n\n<li><strong>Start-Up Benefits:<\/strong> You get <a href=\"https:\/\/www.olamoney.com\/olamoney-credit-card\/index.html\" target=\"_blank\" rel=\"noopener\">welcome perks<\/a> worth over \u20b910,000, including OlaMoney cashback, a \u20b9300 flight voucher and a \u20b92,000 EaseMyTrip voucher.<\/li>\n\n\n\n<li><strong>Partner Offers:<\/strong> The card grants access to deals from 300+ brands, including Myntra, Gaana, Zoomcar, and Treebo, adding extra value to your everyday spends.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"kyc-updation-process-for-ola-money-wallet\"><strong>KYC Updation Process for Ola Money Wallet<\/strong><\/h2>\n\n\n\n<p>Before you start using your Ola Money wallet for rewards and payments, you must complete a quick KYC update. This unlocks access and keeps your wallet secure.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stage 1: Digital KYC<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The first step happens inside the app. You enter your full name and PAN details, then upload a valid ID or address proof along with a selfie for match checks. Once the system finishes its digital review, the app guides you to begin the physical verification stage.<\/p>\n\n\n\n<p><strong>Note:<\/strong> If the RBI updates any rule, Ola Money may seek fresh documents.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stage 2: Physical Verification<\/strong><\/li>\n<\/ul>\n\n\n\n<p>This stage can be done during an Ola ride or through a scheduled home visit. The agent checks your original documents, matches your selfie and confirms your identity.<\/p>\n\n\n\n<p>You share an OTP or KYC PIN to validate the step. Once verified, Ola Money completes its checks and updates your KYC status.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-activate-the-ola-money-wallet\"><strong>How to Activate the Ola Money Wallet?<\/strong><\/h2>\n\n\n\n<p>Once your full KYC is complete, you can activate your Ola Money wallet in just a few quick steps.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Begin by opening the Ola app.<\/li>\n\n\n\n<li>Go to the Ola Money section.<\/li>\n\n\n\n<li>Select Wallet + Add Money.<\/li>\n\n\n\n<li>A pop-up will show that the wallet is inactive.<\/li>\n\n\n\n<li>Tap Activate Wallet Account.<\/li>\n\n\n\n<li>Enter your PAN for verification.<\/li>\n\n\n\n<li>Once active, add \u20b95 or \u20b910 to start the wallet.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"general-features-of-the-ola-money-sbi-card\"><strong>General Features of the OLA Money SBI Card<\/strong><\/h2>\n\n\n\n<p>These are general features that come with every SBI Card, and the Ola Money SBI Card also carries the same set of useful services.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Global Use:<\/strong> The card works at millions of outlets worldwide and at over 3,25,000 stores in India that accept Visa or Mastercard.<\/li>\n\n\n\n<li><strong>Add-on Cards:<\/strong> You can share card access with parents, a spouse, or adult children aged 18 or older.<\/li>\n\n\n\n<li><strong>Easy Bill Pay:<\/strong> Pay electricity, phone, mobile and other utility bills through the built-in payment facility.<\/li>\n\n\n\n<li><strong>Balance Transfer on EMI:<\/strong> Shift dues from other cards to this one at a lower rate and clear them in EMIs.<\/li>\n\n\n\n<li><strong>Flexipay:<\/strong> <a href=\"https:\/\/www.sbicard.com\/en\/personal\/benefits\/lower-interest-option\/flexi-pay.page\" target=\"_blank\" rel=\"noopener\">Convert purchases<\/a> of \u20b92,500 or more into simple monthly instalments within 30 days.<\/li>\n\n\n\n<li><strong>Easy Money:<\/strong> Request a cheque or draft against your cash limit and get it delivered to your home.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"charges-of-sbi-ola-money-credit-card\"><strong>Charges of SBI OLA Money Credit Card<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameters<\/strong><\/td><td><strong>Amount<\/strong><\/td><\/tr><tr><td><strong>Finance Charges<\/strong><\/td><td>3.50% monthly (42% annually)<\/td><\/tr><tr><td><strong>Card Replacement<\/strong><\/td><td>\u20b9100-250<\/td><\/tr><tr><td><strong>Cheque Payment<\/strong><\/td><td>\u20b9200<\/td><\/tr><tr><td><strong>Overlimit Fee<\/strong><\/td><td>2.5% or \u20b9.600, whichever is higher.<\/td><\/tr><tr><td><strong>Late Payment<\/strong><\/td><td>NIL till \u20b9500.\u20b9400 for \u20b9501-1,000.\u20b9750 for \u20b91,001-10,000.\u20b9950 for \u20b910,001-25,000.\u20b91,100 for \u20b925,001-50,000.\u20b91,300 for above \u20b950,000.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ola-money-sbi-card-application-process\"><strong>OLA Money SBI Card Application Process<\/strong><\/h2>\n\n\n\n<p>You can apply for the OLA Money SBI card both online and offline.<\/p>\n\n\n\n<p>If you are applying online through the SBI Card SPRINT portal, it can be done in just 3 quick steps:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Start with your personal details such as your name, number, city, PAN and birth date.<\/li>\n\n\n\n<li>In the second step, add your professional details.<\/li>\n\n\n\n<li>Finally, end by providing your address for KYC.<\/li>\n<\/ul>\n\n\n\n<p>You may also apply for any SBI card offline by visiting a branch.<\/p>\n\n\n\n<p>\ud83d\udca1Pay your Ola Money SBI Card bills easily and securely with<a href=\"https:\/\/piceapp.com\/\"> the PICE App<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Conclusion<\/h2>\n\n\n\n<p>The OLA Money SBI Card is a smart choice for frequent Ola users, offering high rewards, welcome benefits, and everyday savings. With seamless wallet integration, easy KYC, partner offers, and flexible EMI options, it turns routine spending into effortless value. A simple, rewarding card for daily convenience and travel.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"fa-qs\">FAQs<\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1765179840122\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the main benefit of the OLA Money SBI Card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It offers 7% rewards on Ola rides directly credited to your Ola Money wallet.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765179857176\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is the OLA Money SBI Card free?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, it\u2019s free for the first year and the renewal fee is waived on \u20b91 lakh annual spend.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765179866967\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How are reward points credited?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>All rewards automatically reflect in your Ola Money wallet at a 1:1 value.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765179877337\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Do non-Ola purchases earn rewards?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you earn 1% rewards on everyday non-Ola spends.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765179888865\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Does the card offer any fuel benefits?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You get a 1% fuel surcharge waiver up to \u20b9100 per cycle.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765179900485\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I apply for the OLA Money SBI Card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can apply online via SBI Card SPRINT or offline at an SBI branch.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Do you spend a fair bit on Ola rides each month and wonder how to cut that cost with zero effort? The Ola Money SBI Card turns every ride into a smart savings tool. As a co-branded card by SBI Card and Ola, it gives a strong 7% return (up to \u20b9500) on [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":82667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-82666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-card"],"_links":{"self":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/82666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/comments?post=82666"}],"version-history":[{"count":1,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/82666\/revisions"}],"predecessor-version":[{"id":82669,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/82666\/revisions\/82669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media\/82667"}],"wp:attachment":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media?parent=82666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/categories?post=82666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/tags?post=82666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}