SBI Aurum Credit Card - Features, Benefits, Fees & Charges

SBI Aurum Credit Card (4)

Co-Branded Best For: Travel
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Crafted with a sleek metallic design, the SBI Aurum Credit Card is an invite-only super premium credit card that comes with a joining and annual fee of ₹9,999, and in exchange, it welcomes you with 40,000 reward points worth ₹10,000, free Club Marriott Membership, Digital Membership for Mint and WSJ, offer a base reward rate of 1%, exclusive milestone benefits, access to free airport lounges, free golf lessons and much more! Keep reading to know more. 👇

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus
  • 40,000 reward points ~₹10,000
  • Club Marriott Membership with discounts on room tariffs, restaurants and spa services at Club Marriott Hotels in India
  • Digital Membership for Mint and WSJ
Reward Points
  • 4 Reward Points per ₹100 spent
  • Reward Rate: 1% to 3%
Lounge Access
  • Unlimited international airport lounge access across 1000+ airports by Dream Folks with 1 free access to guests every quarter
  • 4 domestic lounge access per quarter
Travel Benefit

2 flight cancellation refunds per year from any airline

Entertainment Benefit
  • 16 free Golf rounds per year and 50% off on subsequent visits (capped to one per month)
  • 12 free Golf lessons per year
Milestone Benefit
  • Spend ₹20 lakh annually – get an Apple gift voucher worth ₹20,000
  • Spend ₹12 lakh annually – get a renewal fee waiver
  • Spend ₹10 lakh annually – get a Taj Gift Voucher worth ₹10,000
  • Spend ₹5 lakh annually – get a Tata CliQ Luxe (Luxury) gift voucher worth ₹5,000
  • Spend ₹1 lakh per month – get a Tata CliQ Gift Voucher of ₹1,500
  • Book My Show benefits worth ₹1,000 every month
Fuel Surcharge

Fuel Surcharge Waiver with a capping of ₹400 per statement cycle

Concierge Services

A dedicated concierge service to fulfil all your needs and offer expert assistance

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹9999

Annual Fee

₹9999

Annual Percentage Rate

42.00%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.5%

Cash Advance Limit

80%

Card Replacement Fee

₹1500

Foreign Transaction Fee

1.99%

Over Limit Penalty

2.5%

Fuel Transaction Surcharge

1%

Reward Point Value

₹0.25
Late Payment Charges

Balance from ₹0 to ₹500

Nil

Balance from ₹500 to ₹1,000

₹400

Balance from ₹1,000 to ₹10,000

₹750

Balance from ₹10,000 to ₹25,000

₹950

Balance from ₹25,000 to ₹50,000

₹1,100

Balance more than ₹50,000

₹1,300
Pros

Aspects that make this credit card amazing.

  1. The reward points can be redeemed for hotels/flights or e-vouchers and can be considered equivalent to ₹10,000.
  2. Unlimited access to international airport lounges.
  3. 24/7 concierge service .
Cons

Aspects this credit card lacks.

  1. No insurance benefit.
  2. Low reward rate when compared with other premium cards.
  3. High annual fee.
  4. Charges ₹99 for reward redemption.
  5. Only available in selected cities.
SBI Aurum Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(3.5)

Rewards

(3.5)

Customer Service

(4)

SBI Aurum Credit Card Review

The SBI Aurum Credit Card is an invite-only luxury credit card that is designed for people who travel frequently, particularly those who spend on flights, hotels, and premium brands often. 

While Aurum offers benefits such as complimentary lounge access, airport concierge services, and free golf lessons, it offers a lower reward rate when compared to other premium cards. However, if you are someone who frequently spends on travel and luxury brands and can justify the annual fee, it can be a good fit.

If you are looking for cards with a higher reward rate, you should consider other premium cards like:

  1. SBI Elite Credit Card
  2. HDFC Diners Club Black Metal Edition Credit Card
  3. HDFC Bank Infinia Credit Card

Overview

Joining and Annual Fee

₹9,999

Best For

Travel

Reward Rate

1% to 3%

Welcome Benefit

  • 40,000 reward points ~₹10,000
  • Club Marriott Membership with discounts on room tariffs, restaurants and spa services at Club Marriott Hotels in India
  • Digital Membership for Mint and WSJ

Who should get an SBI Aurum Credit Card?

The SBI Aurum Credit Card is an exclusive, invite-only super-premium card, so it's not for everyone. Here's who it might be a good fit for:

  • High spenders who regularly use a credit card for most expenses.
  • Frequent travellers who value travel benefits and luxury experiences.
  • Individuals who appreciate concierge services and exclusive privileges.

How to apply for an SBI Aurum Credit Card?

Visit the Aurum website: On the Aurum website, you can click on the "Express Interest" button and fill out a form with your contact information. This will let SBI Card know that you're interested in the card, and they may contact you via mail for further processing. 

SBI Aurum Credit Card Eligibility 

  • Age: 21 years (Salaried), 25 years (Self-employed)
  • Eligibility: Net monthly income of ₹2 lakh and above
  • Currently Caters to NCR, Mumbai & Suburbs, Chennai, Hyderabad, Bangalore, Pune, Jaipur, Chandigarh, Kolkata, Ahmedabad, Surat, Coimbatore, Kochi and Vishakhapatnam.

Documents Required

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
SBI Card Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

SBI Card

SBI Card Credit Card Customer Care Number:

1800 425 3800

SBI Card Card Offers:

View Offers

Total Cards:

1,93,36,986
SBI Card Credit Card News
23 Mar 2024, Saturday
1. SBI Card and Titan Team Up to Launch Exclusive Shopping Credit Card - Titan SBI Card

SBI Cards and Titan have joined forces to introduce the Titan SBI Card, a co-branded credit card aimed at fulfilling customers' aspirations for premium shopping. This card offers a variety of benefits, including:

  • Lucrative cashback: Cardholders can enjoy a generous 7.5% cashback on purchases at Titan stores (watches, Taneira, Titan EyePlus, and other non-jewellery brands) and 5% cashback at partner stores (Mia, Caratlane, and Zoya).
  • Annual benefits exceeding Rs 2 lakh: The Titan SBI Card promises rewards worth over ?2,00,000 annually through cashbacks, gift vouchers, and reward points (specific details not mentioned in the sources reviewed).
04 Mar 2024, Monday
2. SBI Card changes reward program, ends rent points and physical DreamFolks Cards.

SBI Card is making changes to its credit card program starting 1 April, 2024. These changes include:

  • No more reward points for paying rent with many of their cards.
  • They will no longer issue physical cards for DreamFolks memberships.
  • They are updating their minimum payment calculation method to be more transparent and fair.

Here's some of the list of affected Credit Cards:

30 Oct 2023, Monday
3. State Bank of India Card (SBI Card) has announced its plans to introduce a fresh array of shopping credit cards in partnership with Reliance Industries.

According to reports, the upcoming credit card offering from Mukesh Ambani, Asia's richest man, is expected to be named 'Reliance SBI Card'. The new credit card is set to provide customers with a host of "exclusive" benefits that are designed to enhance their shopping experience.

It is launching two credit cards in collaboration with Reliance. The first one is called Reliance SBI Card and has a joining fee of Rs. 499. It offers basics such as discounts on shopping with Reliance Brands. The second one is called Reliance SBI Card Prime and has a joining fee of Rs. 2999. It offers more benefits such as complimentary lounge access along with discounts on Reliance Brands. SBI Card will release more information about these cards when they are launched officially.

15 Oct 2023, Sunday
4. Earn Rs. 250 Amazon voucher when you connect your SBI RuPay credit card to UPI.

As part of this program, SBI RuPay credit cardholders have the opportunity to link their card with their preferred UPI app and make transactions of at least Rs 100 during the offer period, which runs from October 12, 2023, to November 11, 2023. Upon meeting this requirement, they will receive a Rs 250 Amazon Discount E-voucher that can be used for either a 3-month or 12-month Amazon Prime membership.
Each cardholder is entitled to receive only one voucher, which will be sent via email to their registered email address on or before December 31, 2023.
The E-vouchers are valid until April 30, 2024, and can be used to extend Amazon Prime memberships by up to 12 months, with a limit of one extension per customer. 

22 Apr 2023, Saturday
5. SBI beats peers in new cards added for February

SBI and Axis Bank are leading the credit card market in terms of new cards added for the month of February. Axis Bank, with the new found customer base of Citi Bank showed a growth of 11.7%. In terms of new customers, the number stood at 2,00,000 new cards issued.

SBI on the other hand, singlehandedly lead the race with a growth of 19.8% for the same period, adding 3,00,000 new cards issued by the legacy bank.

The two leaders were followed by ICICI Bank, and Kotak Mahindra Bank with 80,000 additions. HDFC Bank trailed the top 5 list with only 60,000 cards added to its existing numbers.

11 Apr 2023, Tuesday
6. SBI Card revises cashback benefits on service

Starting 1st May 2023, SBI will revise some of its cashback and discount services. Under the revision, the domestic airport lounge services will be discontinued. Apart from these, cashback on services like jewellery, school and educational services, utilities, insurance services cards, member financial institution/quasi cash, and railways and others will also be axed. The bank will also be setting a limit on cashback that can be availed through online and offline transactions to Rs 5,000 per statement cycle. These changes come after SBI cards recorded the highest new card issuances at 3,00,000 in February. Yet, SBI also experienced a 7% month-on-month reduction in credit card spending.

SBI Aurum Customer Reviews

No Customer reviews yet. Be the first to review this card.

Frequently Asked Questions

The SBI Aurum Credit Card comes with both annual and ongoing fees and charges. Here's a breakdown:

Joining and Annual Fee:

  • Standard charge: Rs. 9,999.
  • Waiver: The annual fee gets waived off if you spend Rs. 12 lakh or more in a year.

Currently, the SBI Aurum Credit Card is exclusive and issued on an invitation-only basis. This means you can't directly apply for it through the usual channels like the SBI website or online application forms. 

The SBI Aurum Credit Card has a base reward rate of 1%, meaning you earn 4 reward points for every Rs. 100 spent. However, the card offers additional opportunities to boost your rewards through:

  • Milestone Rewards: These offer bonus points or vouchers based on specific spending thresholds within a year. For example, you can earn a Rs. 5,000 Tata Cliq Luxury voucher on reaching a spend of Rs. 5 lakh, and a Rs. 10,000 Taj voucher on spending Rs. 10 lakh annually.
  • Welcome Bonus: You receive 40,000 bonus points (worth Rs. 10,000) upon card activation.
  • Renewal Fee Waiver: Spending Rs. 12 lakh in a year waives the annual fee of Rs. 9,999.

Considering these additional factors, the effective rewards rate can vary depending on your spending habits. Some estimates suggest an average rate of 3% for moderate users and up to 5.5% for high spenders who maximize all benefits.

The SBI Aurum Credit Card is an invite-only super-premium card, so the rewards and benefits it offers cater to high-end spending and luxurious lifestyles. Here's a breakdown of what you can expect:

Rewards:

  • Base Reward Rate: 4 Reward Points per Rs. 100 spent (equal to 1% return).
  • Milestone Rewards:
  • Tata CLiQ Luxury Vouchers worth Rs. 5,000 on reaching a milestone spend of Rs. 5 lakh.
  • Rs. 10,000 Taj Voucher on annual expenditure of Rs. 10 lakh.
  • Bonus Points:
  • Welcome Benefit of 40,000 Reward Points (worth Rs. 10,000) upon card activation.
  • Renewal fee waived off on spending Rs. 12 lakh in a year.

Travel:

  • Unlimited International Airport Lounge Access: Access to over 1,000 VIP lounges worldwide through Visa/MasterCard programs.
  • 4 Domestic Airport Lounge Access per Quarter: Relax in comfort at domestic airports before your flight.
  • 1 Domestic Airport Spa Visit per Quarter: Rejuvenate with a complimentary spa treatment before your journey.
  • Flight Cancellation Benefit: Claim reimbursement for cancelled tickets (refundable: Rs. 3,500 per ticket, non-refundable: Rs. 3,000 per ticket).

Yes, the SBI Aurum Credit Card is indeed a metal card! It boasts a sleek and elegant design crafted from premium metal, typically stainless steel or titanium. This physical distinction sets it apart from regular plastic cards and symbolizes the exclusivity and prestige associated with the Aurum brand.

  • 40,000 Aurum Reward Points with Lifetime Validity (Equivalent to Rs.10,000, convert these points to Hotel & Flight Bookings or Gift Vouchers on Exclusive Rewards Portal for AURUM)
  • Earn 4 Reward points on spending every Rs.100
  • Complimentary memberships:  
  • Club Marriott - 1-year Club Marriott Membership. Avail exclusive discounts on room tariffs, restaurants & Spa services at Club Marriott Hotels in India and across Asia Pacific
  • Digital Subscription of Mint & The Wall Street Journal

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