{"id":34460,"date":"2025-06-20T12:27:05","date_gmt":"2025-06-20T06:57:05","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=34460"},"modified":"2025-06-20T12:27:09","modified_gmt":"2025-06-20T06:57:09","slug":"sbi-cards-mad-update","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/","title":{"rendered":"SBI Cards MAD Update 2025: New Minimum Amount Due Rule from July Explained"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#SBI_Cards_MAD_update_from_July_2025_revises_the_Minimum_Amount_Due_formula_Understand_how_this_impacts_your_credit_card_repayment_and_exam_preparation\" >SBI Cards MAD update from July 2025 revises the Minimum Amount Due formula. Understand how this impacts your credit card repayment and exam preparation.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Introduction_SBI_Cards_Raises_MAD_from_July_15_2025\" >Introduction: SBI Cards Raises MAD from July 15, 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#What_Is_Minimum_Amount_Due_MAD\" >What Is Minimum Amount Due (MAD)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Old_vs_New_MAD_Formula\" >Old vs. New MAD Formula<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Example_Comparing_Old_vs_New\" >Example: Comparing Old vs. New<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Payment_Settlement_Order_Changed\" >Payment Settlement Order Changed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Impact_on_Credit_Card_Holders\" >Impact on Credit Card Holders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#%F0%9F%93%8C_Why_This_News_Is_Important\" >\ud83d\udccc Why This News Is Important<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Financial_Discipline_and_Awareness\" >Financial Discipline and Awareness<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Implications_for_Economic_Exams\" >Implications for Economic Exams<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Expected_Questions\" >Expected Questions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#%F0%9F%93%9A_Historical_Context_Evolution_of_Credit_Card_Regulations\" >\ud83d\udcda Historical Context: Evolution of Credit Card Regulations<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Earlier_Credit_Practices\" >Earlier Credit Practices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Regulatory_Push\" >Regulatory Push<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Global_Influences\" >Global Influences<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#%F0%9F%97%9D%EF%B8%8F_Key_Takeaways_from_SBI_Cards_MAD_Update\" >\ud83d\udddd\ufe0f Key Takeaways from SBI Cards\u2019 MAD Update<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#FAQs_Frequently_Asked_Questions\" >FAQs: Frequently Asked Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/sbi-cards-mad-update\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SBI_Cards_MAD_update_from_July_2025_revises_the_Minimum_Amount_Due_formula_Understand_how_this_impacts_your_credit_card_repayment_and_exam_preparation\"><\/span>SBI Cards MAD update from July 2025 revises the Minimum Amount Due formula. Understand how this impacts your credit card repayment and exam preparation.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_SBI_Cards_Raises_MAD_from_July_15_2025\"><\/span>Introduction: SBI Cards Raises MAD from July 15, 2025<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">SBI Cards, a major player in India\u2019s credit card domain, will introduce a revised <strong>Minimum Amount Due (MAD)<\/strong> formula starting <strong>July 15, 2025<\/strong>. Under this, cardholders with outstanding dues can expect significantly higher minimum payments on their credit card statements <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_Minimum_Amount_Due_MAD\"><\/span>What Is Minimum Amount Due (MAD)?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">MAD is the <strong>minimum amount<\/strong> a cardholder must pay by the due date to maintain their account in good standing. It safeguards the card\u2019s active status and helps prevent late payment penalties <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Old_vs_New_MAD_Formula\"><\/span>Old vs. New MAD Formula<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Old MAD (Pre-July 15)<\/strong>: Included 100% of GST, EMI, fees\/charges, and the highest of:\n<ol class=\"wp-block-list\">\n<li>5% of (finance charges + retail spends + cash advances), or<\/li>\n\n\n\n<li>Total finance charges<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li><strong>New MAD<\/strong> will include:\n<ul class=\"wp-block-list\">\n<li>100% of <strong>GST<\/strong>, <strong>EMI<\/strong>, <strong>fees\/charges<\/strong>, <strong>finance charges<\/strong>, <strong>overlimit amount<\/strong>,<\/li>\n\n\n\n<li><strong>+ 2%<\/strong> of the remaining outstanding balance <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This adjustment ensures full settlement of fixed charges each month, preventing compounding interest and bringing transparency <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Example_Comparing_Old_vs_New\"><\/span>Example: Comparing Old vs. New<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For an example SBI statement with a \u20b91,34,999.60 retail balance, \u20b911,972.18 finance charges, \u20b92,700 fees, and \u20b92,640.99 GST:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Old MAD<\/strong>: \u20b917,313.17<\/li>\n\n\n\n<li><strong>New MAD<\/strong>: \u20b920,013.16<br>\u2014 an increase of nearly \u20b92,700 <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Payment_Settlement_Order_Changed\"><\/span>Payment Settlement Order Changed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">From July 15, payments will be applied in this new priority:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>GST<\/li>\n\n\n\n<li>EMI<\/li>\n\n\n\n<li>Fees\/charges<\/li>\n\n\n\n<li>Finance charges<\/li>\n\n\n\n<li>Balance transfer<\/li>\n\n\n\n<li>Retail spends<\/li>\n\n\n\n<li>Cash advances<br>This ensures that interest-bearing components are cleared first, reducing compounding liabilities <\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Credit_Card_Holders\"><\/span>Impact on Credit Card Holders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Higher Monthly Outgo<\/strong>: Those who pay only MAD will see their monthly obligations rise.<\/li>\n\n\n\n<li><strong>Encouragement to Repay Faster<\/strong>: Since finance charges and fees are prioritized, the principal reduces faster over time <\/li>\n\n\n\n<li><strong>Greater Transparency<\/strong>: Breaking down every charge helps users clearly understand where payment is being allocated .<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">While the new formula might initially increase monthly cash flow requirements, it promotes healthier credit behaviour, faster debt resolution, and less interest accumulation over the life of the debt.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\" id=\"SBI-Cards-MAD-update\"><img decoding=\"async\" src=\"https:\/\/images.goodreturns.in\/img\/2025\/06\/sbicard12-1750076929.jpg\" alt=\"SBI Cards MAD update\" title=\"SBI Cards MAD update\"\/><figcaption class=\"wp-element-caption\">SBI Cards MAD update<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_Why_This_News_Is_Important\"><\/span>\ud83d\udccc Why This News Is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Discipline_and_Awareness\"><\/span>Financial Discipline and Awareness<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding the revised MAD formula is crucial for aspirants preparing for banking, finance, or general studies sections in competitive exams. It reflects the evolving regulatory policies that impact consumers\u2019 monthly budgeting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Implications_for_Economic_Exams\"><\/span>Implications for Economic Exams<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Questions on credit management, financial instruments, and consumer debt are common in exams like IBPS, SBI PO, and UPSC prelims\/GS papers. This update can serve as a case study in <strong>financial regulations<\/strong> and <strong>consumer protection<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Expected_Questions\"><\/span>Expected Questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Exams may include MCQs like:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Define MAD and explain its significance.<\/li>\n\n\n\n<li>How has SBI Cards changed its MAD formula from July 15, 2025?<\/li>\n\n\n\n<li>What effects do these changes have on consumer debt?<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Grasping these updates and their motives boosts both <strong>subject knowledge<\/strong> and <strong>answer precision<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%9A_Historical_Context_Evolution_of_Credit_Card_Regulations\"><\/span>\ud83d\udcda Historical Context: Evolution of Credit Card Regulations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Earlier_Credit_Practices\"><\/span>Earlier Credit Practices<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Historically, credit card issuers allowed low MAD, causing interest-inflation due to revolving debt. With consumer vulnerability rising, regulators began pushing for stronger repayment norms.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Regulatory_Push\"><\/span>Regulatory Push<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">RBI and banks have progressively enforced changes like increased MAD percentages and mandated EMI coverage to curb debt spirals. SBI Cards\u2019 new policy aligns with this trend.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Influences\"><\/span>Global Influences<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Globally, credit issuers and regulators emphasize transparency and financial inclusion. SBI\u2019s update reflects international best practices in promoting <strong>financial health awareness<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%97%9D%EF%B8%8F_Key_Takeaways_from_SBI_Cards_MAD_Update\"><\/span>\ud83d\udddd\ufe0f Key Takeaways from SBI Cards\u2019 MAD Update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>S\/N<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td><strong>From 15 July 2025<\/strong>, SBI Cards\u2019 MAD formula changes to include full GST, EMI, fees, finance charges, overlimit, plus 2% of outstanding. <\/td><\/tr><tr><td>2<\/td><td>The new payment settlement order prioritizes interest-bearing components for faster debt reduction.<\/td><\/tr><tr><td>3<\/td><td>Example: MAD increases from \u20b917,313 to \u20b920,013 in a typical \u20b91.35 lakh statement example.<\/td><\/tr><tr><td>4<\/td><td>Higher MAD prevents compounding interest, fostering financial discipline and transparency.<\/td><\/tr><tr><td>5<\/td><td>Competitive exam relevance: highlights credit regulation, consumer debt control\u2014ideal for banking and general studies sections.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">SBI Cards MAD update<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span><strong>FAQs: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q1. What is the new Minimum Amount Due (MAD) formula introduced by SBI Cards?<\/strong><br>From July 15, 2025, SBI Cards will calculate MAD by including 100% of GST, EMI, fees\/charges, finance charges, overlimit amount, and 2% of the remaining outstanding balance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q2. Why has SBI Cards changed the MAD formula?<\/strong><br>The change is intended to reduce compounding interest, enhance transparency, and encourage faster repayment by credit cardholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q3. Will the new MAD increase the minimum payment amount?<\/strong><br>Yes, cardholders will see a higher MAD on their statements due to the inclusion of full charges and an additional 2% of outstanding dues.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q4. How does the payment settlement order change under the new policy?<\/strong><br>Payments will be applied in the following order: GST, EMI, fees\/charges, finance charges, balance transfer, retail spends, and finally cash advances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q5. How is this update relevant for government exam aspirants?<\/strong><br>It reflects critical financial regulatory practices and consumer rights, making it relevant for exams in banking, civil services, and financial awareness sections.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q6. What is the impact on cardholders who pay only the MAD?<\/strong><br>Such cardholders will be required to pay more each month, reducing the principal faster and preventing debt traps.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link 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Understand how this impacts your credit card repayment and exam preparation. Introduction: SBI Cards Raises MAD from July 15, 2025 SBI Cards, a major player in India\u2019s credit card domain, will introduce a revised Minimum Amount Due (MAD) formula starting July 15,&#8230;<\/p>\n","protected":false},"author":6,"featured_media":34491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,14],"tags":[23361,23610,23611,9111,23609,5790,23608],"class_list":["post-34460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-banking","tag-banking-current-affairs","tag-credit-card-billing","tag-exam-gk-update","tag-financial-awareness","tag-minimum-amount-due","tag-rbi-regulations","tag-sbi-credit-card"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/34460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=34460"}],"version-history":[{"count":2,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/34460\/revisions"}],"predecessor-version":[{"id":34487,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/34460\/revisions\/34487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/34491"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=34460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=34460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=34460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}