State Bank Multi-Currency Foreign Travel Card (Mastercard)
State Bank of India · prepaid forex card · Closed to new buyers
The Mastercard edition of State Bank of India's forex card: 7 currencies, the same rupee fees as the Visa card, free balance enquiries and replacement, a 3% cross-currency fee and a USD 1.50 monthly fee after 12 months unused. SBI's FAQ says it is not issued to new customers.
- Currencies
- 7 currencies: USD, GBP, EUR, CAD, AUD, SGD, AED
- Cross-currency markup
- 3%
- Issuance
- ₹100 once
- Reload
- ₹50
- ATM withdrawal
- USD 1.75, EUR 1.5, GBP 1.25
- Valid for
- 5 years
- Data
- From bank documents, checked 6 Nov 2026
Where the sources disagree
- Status: The FAQ (27 August 2024) says fresh issuance on Mastercard "is not available"; the product page (17 March 2026) still lists the Mastercard card with a charges sheet of the same date. We take it as closed to new applicants until SBI says otherwise.
Not in these numbers
- The load rate is set by the branch; no margin is published, so the comparison leaves it out.
- The charges sheet is a scanned image (read by OCR, checked against the image); its maximum-load rows are only references to RBI and FEMA limits.
Sources
- State Bank Foreign Travel Card (Product page, the bank's own, read 6 Nov 2026)
- MasterCard Foreign Travel Card charges (17 March 2026, scanned) (Schedule of charges, the bank's own, read 6 Nov 2026)
- State Bank Foreign Travel Card FAQ (revised 27 August 2024) (FAQ, the bank's own, read 6 Nov 2026)