SBI Card Prime
Rewards & Benefits
Welcome Benefits
Gift voucher worth INR 3,000 from one of the following brands: Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop and Yatra.com.
Milestone Benefits
Milestone Benefits: Users will get a free Pizza Hut voucher worth Rs 1,000 on achieving spends of Rs 50,000 in a calendar quarter. Reversal of renewal fee on annual spends of Rs Rs 3 Lakhs. Gift voucher worth Rs 7,000 from Yatra.com or Pantaloons on achieving annual spends of Rs Rs 5 Lakhs.
Cashback Rate
Users will get 10 reward points per INR 100 spent on dining, groceries, departmental stores and movies. Value of 1 reward point = INR 0.25. Effective special cashback rate: 2.5%
2 reward points per INR 100, on all other spends. Value of 1 reward point = INR 0.25. Effective general cashback rate: 0.5%.
20 reward points per INR 100 spent on birthday (reward points on birthday spends (one day before, on birthday and one day after) is capped at 2000 Reward points per calendar year).
Movie Benefits
Dining Benefits
Other Benefits
Lounge Access
Fees & Charges
Joining Fee
INR 2,499 + Taxes
Annual Fee
INR 2,499 + Taxes
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs
Interest rate
3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.50%
Other Fees
Renewal Fee (per annum): INR 2,499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Cons
Low cashback rate.
Welcome Benefit: Users will get a gift voucher worth INR 3,000 from one of the following brands: Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop and Yatra.com.
Reward System: Users will get 10 reward points per INR 100 spent on dining, groceries, departmental stores and movies. Value of 1 reward point = INR 0.25. Effective special cashback rate: 2.5%. 2 reward points per INR 100, on all other spends. Value of 1 reward point = INR 0.25. Effective general cashback rate: 0.5%. 20 reward points per INR 100 spent on birthday (reward points on birthday spends (one day before, on birthday and one day after) is capped at 2000 Reward points per calendar year).
Milestone Benefits: Users will get a free Pizza Hut voucher worth INR 1,000 on achieving spends of INR 50,000 in a calendar quarter. Reversal of renewal fee on annual spends of INR 3 Lakhs. Gift voucher worth INR 7,000 from Yatra.com or Pantaloons on achieving annual spends of INR 5 Lakhs.
Free Trident Privilege Red Tier membership and exclusive 1,000 welcome points on registration and 1,500 bonus points on the first stay & additional INR 1,000 hotel credit on extended night stay.
Free Club Vistara Silver membership. 1 free upgrade voucher. 9 Club Vistara points for every INR 100 spent on Vistara flights.
4 free visits per calendar year to International Priority Pass lounges, outside India (max. 2 visits per quarter)
8 complimentary visits per calendar year to domestic lounges in India (max. 2 visits per quarter).
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Basic Requirements:
Age: 18 years to 60 years old.
Occupation: Salaried or self-employed.
Self-employed: INR 3 lakhs per annum for metro and INR 2 lakhs per annum for non-metro cities.
Additional Factors:
Credit Score: Good credit history is preferred.
City of Residence: Specific income requirements may vary depending on your city of residence.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
There are three major ways to apply for the SBI Card Prime:
1. Online:
This is fast and easy method.
Visit the SBI Card website.
Choose the "Credit Cards" tab and navigate to SBI Card Prime.
Click on "Apply Now" button and fill out the online application form with all your details.
Upload the requisite documents, such as proof of identity, proof of address, and proof of income.
Submit the application form.
2. Offline:
This method involves visiting a SBI branch.
Ask for the SBI Card Prime application form.
Fill out the form with all of your details.
Attach the requisite documents.
Submit the application form to the bank.
3. By Phone:
Contact the SBI Card helpline at 1860-180-1290 or 3902-0202.
Request for an SBI Card Prime application form.
The bank will then send you the form by courier.
Fill out the form with all of your details.
Attach the requisite documents.
Send the completed application form back to the bank.
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:-
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Cons:-
Welcome Benefit: Users will get a gift voucher worth INR 3,000 from one of the following brands: Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop and Yatra.com.
Reward System: Users will get 10 reward points per INR 100 spent on dining, groceries, departmental stores and movies. Value of 1 reward point = INR 0.25. Effective special cashback rate: 2.5%. 2 reward points per INR 100, on all other spends. Value of 1 reward point = INR 0.25. Effective general cashback rate: 0.5%. 20 reward points per INR 100 spent on birthday (reward points on birthday spends (one day before, on birthday and one day after) is capped at 2000 Reward points per calendar year).
Milestone Benefits: Users will get a free Pizza Hut voucher worth INR 1,000 on achieving spends of INR 50,000 in a calendar quarter. Reversal of renewal fee on annual spends of INR 3 Lakhs. Gift voucher worth INR 7,000 from Yatra.com or Pantaloons on achieving annual spends of INR 5 Lakhs.
Free Trident Privilege Red Tier membership and exclusive 1,000 welcome points on registration and 1,500 bonus points on the first stay & additional INR 1,000 hotel credit on extended night stay.
Free Club Vistara Silver membership. 1 free upgrade voucher. 9 Club Vistara points for every INR 100 spent on Vistara flights.
4 free visits per calendar year to International Priority Pass lounges, outside India (max. 2 visits per quarter)
8 complimentary visits per calendar year to domestic lounges in India (max. 2 visits per quarter).
Low cashback rate.
The card is loaded with features and value add benefits such as Club Vistara memberships, Trident Privilege, free domestic airport lounge visits, etc. The card also offer good milestone benefits. The only con with the card is its low cashback rate.
The card is loaded with features and value add benefits such as Club Vistara memberships, Trident Privilege, free domestic airport lounge visits, etc. The card also offer good milestone benefits. The only con with the card is its low cashback rate.
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
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Fuel Surcharge
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Billing Cycle
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