SBI Card Protection Plan is Now Cheaper – Changes Coming Mid-September

From 16th September 2025, SBI Card Protection Plan (CPP) customers will see significant changes in pricing and benefits. All existing active customers will be automatically moved to new plan variants, Classic, Premium, and Platinum, on their respective renewal dates. Customers will also get prior intimation via SMS and email at least 24 hours before renewal.

What is the SBI Card Protection Plan?

The SBI Card Protection Plan (CPP) is a program that protects cardholders against risks such as card loss, fraud, phishing, and emergency travel troubles. It also provides one-call card blocking, SIM blocking, mobile wallet protection, and fraud coverage, ensuring peace of mind if your card or phone is lost or stolen.

Existing Vs Updated – SBI Card Protection Plan

The old plans, such as Classic Lite (₹1,199), Classic Plus (₹1,899), Premium Plus (₹2,499), and Platinum Plus (₹3,199), are now being replaced with lower renewal prices: Classic – ₹999, Premium – ₹1,499, and Platinum – ₹1,999.

Benefits of the Plan

• Card Blocking & SIM Blocking – One-call solution for lost cards and mobile protection.
• Emergency Travel Assistance – Hotel and ticket advances abroad up to ₹1.6 lakh.
• Fraud Protection – Coverage for phishing, PIN-based fraud, and lost/stolen card misuse up to ₹1 lakh.
• Mobile Wallet Protection – Coverage up to ₹50,000 if your phone with wallet apps is lost.
• Coverage Members: Classic – 1 member (primary), Premium – 2 members (primary + spouse), Platinum – 4 members (primary + spouse + parents)

Bottom Line

From mid-September 2025, the SBI Card Protection Plan will not only cost less but also continue to give important benefits like card blocking, fraud protection, travel help, and mobile wallet cover. This means you can renew at a lower price while still keeping yourself and your family protected against card loss, theft, or misuse.