Why sbi cb cc annual fee charged?

First they charged

If u eligible than they will reverse

I think this is the card fee, card is not free, so they charged the fee

@abhishek012

@Gauravmittal49589

@manikantaks4u @hotchap @Seinfeld

Fee is charged in advance. Any card you get, if it’s not LTF, bank charge within 1-2 bill cycle. You are paying the fees for this year. 

Every paid card , gets fee in first stamement. you will be charged next year now. 

This is joining fees

In next dec you will be charged again with annual fees and if you have spend 2L before dec 24 then fees reversal will be done in jan 25

even if you spend > 2L  , still gst is charged i think only 999 will be reversed for 2nd year fee

SBI CB cc default FYF probably ended March 2023. So all new joinees will be charged, unless it comes with some special offers.

it seems Joining fees.

That's joining fees. This card is no more FYF.

If you spend 2 Lac in a year, then next year your fees will be waived.