SBI Card PRIME

Card Details

SBI Card PRIME
Issuer
SBI Card
Card type
Premium
Joining fee
₹2,999 + GST
Annual fee
₹2,999 + GST
Rewards currency
Reward Points

Highlights

  • 10 RPs on Dining, Groceries, Movies
  • Welcome E-gift Voucher worth ₹3,000
  • Complimentary Lounge Access

Welcome, annual & renewal benefits

  • Joining/Annual Fee: ₹2,999 + GST.
  • Welcome Benefit: E-gift Voucher worth ₹3,000 from brands like Yatra, Bata, Shoppers Stop, Pantaloons, etc.
  • Spend-Based Waiver: Annual fee waived on ₹3 Lakhs spend in the previous year.

Reward earning

Spend typeEarn rate
Dining, Groceries, Departmental Stores, Movies10 Reward Points / ₹100
Other Eligible Retail Spends2 Reward Points / ₹100
  • 1 Reward Point = ₹0.25.
  • Reward redemption fee of ₹99 + GST

Additional Benefits

  • E-Gift Vouchers worth up to ₹7,000 on annual spends of ₹5 lakhs or more.
  • Pizza Hut e-Voucher worth ₹1,000 on spending ₹50,000 in a calendar quarter.
  • Airport Lounge Access: 4 International (max 2/quarter) and 8 Domestic (max 2/quarter).
  • 20 Reward points per ₹100 spent on birthday (max cap of 2,000 Reward Points).

Review

For a premium credit card accelerated earn rate of 2.5% and default rate of 0.25% is not good enough. Better skip this card and take some other rewarding card.