"Slice's popular fintech card backed by SBI โ instant approval, 2% cashback on top 3 online merchants, lifetime free with app-managed experience"
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Quick Summary
๐ณ Joining Fee
Nil โ Lifetime Free
๐ Renewal Fee
Nil โ Lifetime Free
Waived: No fee โ lifetime free card
๐ฏ Best Suited For
Young adults and first-time credit card users who want instant approval, simple cashback and a digital-first experience; those who previously used Slice pay-later product and want to transition to a full credit card
๐ Reward Type
Cashback (credited as statement credit; 2% on top 3 merchants, 1% on others)
๐ Welcome Benefit
Instant virtual card on approval โ use immediately for online purchases
๐ฐ Reward Rate
2% cashback on top 3 online merchants (auto-detected based on spend pattern); 1% cashback on all other eligible spends; cashback auto-credited as statement credit; excludes fuel, wallet loads, EMI, rent, government; monthly cashback cap applies
Top 3 merchants auto-detected โ not user-selectable
Monthly cashback cap
No lounge access
High forex markup 3.5%
Slice app required for all management
Customer support can be slow
Products frequently updated โ verify current terms
๐ Rewards & Benefits
Reward Type
Cashback (credited as statement credit; 2% on top 3 merchants, 1% on others)
Welcome Benefits
Instant virtual card on approval โ use immediately for online purchases
Reward Rate
2% cashback on top 3 online merchants (auto-detected based on spend pattern); 1% cashback on all other eligible spends; cashback auto-credited as statement credit; excludes fuel, wallet loads, EMI, rent, government; monthly cashback cap applies
Reward Redemption
Cashback auto-credited as statement credit โ no redemption effort needed
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions โน400 to โน4,000
Lounge Access
No complimentary airport lounge access
Spend Based Fee Waiver
Not applicable โ lifetime free
Milestone Benefits
No specific milestones; continuous cashback
Other Benefits
Instant digital approval and virtual card; physical card delivered free; Slice app with spend tracking, bill splitting, EMI conversion; transition from Slice pay-later to full SBI credit card; widely accepted Visa network; contactless payments; UPI via RuPay variant available
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Zero liability on unauthorized transactions
Add-on Cards
Not available
Concierge Services
Details coming soon
Special Offers
2% on top 3 merchants; instant approval; lifetime free; Slice app management
๐ณ Fees & Interest Rates
Joining Fee
Nil โ Lifetime Free
Annual Fee / Renewal Fee
Nil โ Lifetime Free โ Waived on: No fee โ lifetime free card
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
2.49% to 3.5% per month (29.88% to 42% per annum) โ varies by credit profile
ATM Cash Withdrawal / Cash Advance
2.5% of withdrawn amount, minimum โน500
Late Payment Charges
As per SBI Card and Slice prevailing terms
Over Limit Charges
As per SBI Card policy
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
Top 3 merchants auto-detected โ not user-selectable; monthly cashback cap limits heavy spenders; Slice app required for management; some users report difficulty reaching customer support; verify current terms as Slice products are frequently updated
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 18+ years; Indian resident; salaried or self-employed; apply via Slice app; instant approval based on credit assessment
Credit Score Requirement
650+ CIBIL recommended; lower scores may get lower limits
Credit Limit
โน10,000 to โน10 lakh based on credit profile
๐ EMI, Balance Transfer & Debt Management
EMI Conversion
Available via Slice app; flexible tenures
Balance Transfer Facility
Not available
Balance Transfer Interest Rate
Not applicable
Balance Transfer Charges
Details coming soon
๐ Security & Fraud Protection
Card Block Feature
Instant lock via Slice app
Instant Fraud Alerts
Real-time push notifications
Purchase Protection
Zero liability on unauthorized transactions
Virtual Card Numbers
Instant virtual card on approval
Zero Liability Protection
Zero liability on reporting
๐ Customer Service & Digital Experience
Phone Support
Slice support via app and email
Chat / Email Support
In-app chat via Slice app; email support
Mobile App
Slice app: card management, spend tracking, bill splitting, EMI, payments
Online Banking
Managed via Slice app; SBI Card app for some features
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