Air India SBI Signature Card
MyRupaya Ratings
Product Details
Credit Card Name :
MakeMyTrip ICICI Bank Credit Card
Bank Name :
ICICI Bank
Type :
Travel Credit Card
Interest Rate :
3.40%p.m. 40.80%p.a.
Eligibility :
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Pros
Welcome benefit: Users will get 20,000 reward points as a welcome gift on the payment of your joining fee. Also a free membership to the Air India Frequent Flyer Program - Flying Returns.
Reward system: Users will earn upto 30 reward points for every INR 100 spent on Air India tickets booked through airindia.com, airindia mobile app. (30 reward points when booked for self and 10 reward points when booked for others). Value of 1 reward point = INR 0.25. Points can also be converted into air miles. 1 point = 1 air mile. Air miles can be redeemed for air tickets. Air India travel cashback rate: 7.5%. 4 reward points for every INR 100 spent on all other spends. General cashback rate: 1%.
Milestone benefits: Users will get 20,000 bonus reward points annually on spending INR 5 lakhs and 30,000 bonus reward points annually on spending INR 10 lakhs and 50,000 bonus reward points annually on spending INR 20 lakhs.
International airport luxury lounge access to over 600 airport lounges with a complimentary priority pass program.
Complimentary visa lounge access program in India at major domestic airports.
Cons
No free movie tickets.
Low general cashback rate.
Pros & Cons
Welcome Benefits
Users will get 20,000 reward points as a welcome gift on the payment of their joining fee. Also,a free membership to the Air India Frequent Flyer Program - Flying Returns.
Rewards System
Users will earn upto 30 reward points for every INR 100 spent on Air India tickets booked through airindia.com, airindia mobile app. (30 reward points when booked for self and 10 reward points when booked for others). Value of 1 reward point = INR 0.25. Points can also be converted into air miles. 1 point = 1 air mile. Air miles can be redeemed for air tickets. Air India travel cashback rate: 7.5%. 4 reward points for every INR 100 spent on all other spends. General cashback rate:1%.
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
Earn upto 30 reward points for every INR 100 spent on Air India tickets booked through airindia.com, airindia mobile app. (30 reward points when booked for self and 10 reward points when booked for others). Value of 1 reward point = INR 0.25. Point can also be converted into air miles. 1 point = 1 air mile. Air miles can be redeemed for air tickets
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Benefits
Great points to mile conversion ratio.
Great cashback on booking Air India tickets.
Great travel benefits such as free domestic and international lounge access
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
1. Online: This is the faster and more convenient method:
Visit the SBI Card website: Head to the official SBI Card website.
Navigate to the Air India SBI Signature Card page: Find the "Travel" category and choose "Shopping" as the sub-category.
Click "Apply Now": Look for the prominent "Apply Now" button on the card page.
Fill out the application form: Provide your personal details, income information, and KYC documents like PAN, etc.
Review and submit: Carefully review the application details.
Await decision: You'll receive an instant preliminary decision based on the information provided.
2. Offline: This method involves visiting a SBI branch and completing the application process:
Visit an SBI branch: Find a nearby SBI branch and express your interest in applying for the Air India SBI Signature Credit Card.
Fill out the application form: A bank representative will assist you with the form and guide you through the process.
Submit the form and documents: Provide all requisite documents such as PAN, Aadhaar, and income proof along with the completed application.
Await decision: The bank will process your application and inform you about the final decision through your preferred communication channel.
Contact Details
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome benefit: Users will get 20,000 reward points as a welcome gift on the payment of your joining fee. Also a free membership to the Air India Frequent Flyer Program - Flying Returns.
Reward system: Users will earn upto 30 reward points for every INR 100 spent on Air India tickets booked through airindia.com, airindia mobile app. (30 reward points when booked for self and 10 reward points when booked for others). Value of 1 reward point = INR 0.25. Points can also be converted into air miles. 1 point = 1 air mile. Air miles can be redeemed for air tickets. Air India travel cashback rate: 7.5%. 4 reward points for every INR 100 spent on all other spends. General cashback rate: 1%.
Milestone benefits: Users will get 20,000 bonus reward points annually on spending INR 5 lakhs and 30,000 bonus reward points annually on spending INR 10 lakhs and 50,000 bonus reward points annually on spending INR 20 lakhs.
International airport luxury lounge access to over 600 airport lounges with a complimentary priority pass program.
Complimentary visa lounge access program in India at major domestic airports.
No free movie tickets.
Low general cashback rate.
Card is a great travel card if you convert the points you earn into air miles. The card has a low general cashback rate (if points are converted into cash). Card also comes with free lounge visit and free access to priority pass membership. Overall the card is a good travel credit card.
Air India SBI Signature Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Annual Fee (one time): INR 4,999 + Taxes.
Renewal Fee (per annum): INR 4,999 + Taxes.
Cash Advance fees: 2.5% or Rs. 500
Interest Rate: Up to 3.50% per month (42% per annum).
Late Payment charges: 0 to 1300.
Reward Redemption Fees: INR 99/- per redemption.
Fuel Surcharge
1% fuel surcharge waiver for each transaction between INR 500 and INR 4,000. Maximum surcharge waiver of INR 250 per statement cycle, per credit card account.
Billing Cycle
30 days.