Air India SBI Signature Credit Card Review

Air India SBI Signature Credit Card (4)

Co-Branded Best For: Travel
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If you are a frequent flyer and looking for travel benefits, the Air India SBI Signature Credit Card might be a good option for you. By paying a joining fee of ₹4,999, you can get 20,000 reward points, free membership to the Air India Frequent Flyer program, a reward rate of 4%, access to luxury lounges and more. To learn more about these benefits, keep reading.

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
  • 20,000 Reward points on payment of the joining fee.
  • Complimentary membership to Air India Frequent Flyer Program.
Reward Points
  • Users earn 4 Reward Points for every ₹100 spent.
  • Up to 1,00,000 bonus reward points annually.
  • 5,000 reward points on the card anniversary.
  • Reward rate: 1.5% to 4%
Travel Benefit

Convenience of getting railway tickets delivered to the doorstep.

Note: Railway tickets booked via the IRCTC website will be eligible for this service.

 

Lounge Access
  • 8 Complimentary access to domestic airport lounges (max 2 per quarter).
  • Access to International Lounges, with a priority member pass.

Note: A usage fee of $27 will be charged on accessing the priority pass member lounge.

Milestone Benefit
Annual Retail Spend Bonus Reward Points Cumulative Bonus Reward Points
₹ 5 lakh 20,000 20,000
₹ 10 lakh 30,000 50,000
₹ 20 lakh 50,000 1,00,000

 

Insurance Benefit

Complimentary lost card liability cover of ₹1 lakh.

Fuel Surcharge

1% fuel surcharge waiver across all the petrol stations on transactions between ₹500 and ₹4,000.

Note: Maximum surcharge waiver of ₹250 per statement cycle.

EMI Benefit

The flexibility of converting transactions of ₹2,500 or more into easy EMIs.

Other Benefit

24x7 Emergency Card Replacement support anywhere in the world.

Fee and Charges

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

Charges

Joining Fee

₹4,999

Annual Fee

₹4,999

Annual Percentage Rate

42%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

80%

Card Replacement Fee

₹100

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹1
Late Payment Charges

Balance from ₹0 to ₹500

₹ 0

Balance from ₹500 to ₹1000

₹ 400

Balance from ₹1000 to ₹10000

₹ 750

Balance from ₹10000 to ₹25000

₹ 950

Balance from ₹25000 to ₹50000

₹ 1100

Balance more than ₹50000

₹ 1300
Pros

Aspects that make this credit card amazing.

  1. The card comes with Insurance benefits.
  2. It offers access to International and Domestic airport lounges.
  3. Users get a free priority pass membership.
  4. EMI Benefits on transactions above ₹2,500.
  5. Fuel Surcharge waiver of up to ₹3,000 annually.
Cons

Aspects this credit card lacks.

  1. Access to priority pass member lounges is levied to a charge $27.
  2. 24x7 Concierge service is not available.
  3. Fuel surcharge benefits are limited to ₹ 250 per month.
  4. Reward points once converted to Air Miles cannot be reversed.
Air India SBI Signature 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

(3.5)

Air India SBI Signature Card Review

The Air India SBI Signature Credit Card is a premium co-branded card offered by SBI in partnership with Air India. It has a reward rate of 1.8%, which is decent. The card offers an impressive welcome benefit of 20,000 bonus reward points, which justifies the ₹4,999 joining and annual fee. Additionally, the card provides good milestone benefits and frequent domestic airport lounge access per year. If you are someone who spends a lot and travels often via Air India, this card is a great option for you. 

Overview

Best for  Travel
Joining Fee ₹4,999 + applicable taxes
Annual Fee ₹4,999 + applicable taxes
Welcome Benefits  20,000 reward points
Card Network  Visa

Who should get the Air India SBI Signature Card?

An Air India SBI Signature Credit Card is best suited for individuals who frequently travel through Air India flights because users can accrue reward points for their travel and other spending done through this card. Moreover, users also get some other travel benefits such as travel insurance, lounge access, and fuel surcharge waiver with priority pass membership and milestone benefits.
That is why, the Air India SBI Signature Credit Card is a perfect choice for users who spends across these categories and are comfortable paying an annual fee of ₹4,999 in exchange for these benefits.

Reward Points

With this Air India SBI Signature Card, users can earn attractive reward points on the spending done as categorized below.

Categories Reward Points
₹100 spent on SuperSaver booklet purchases. 10 pts.
On booking an Air India flight for self 10 pts.
On booking Air India flights for others 10 pts.

How to apply for an Air India SBI Signature Card?

Users can apply for the Air India SBI Signature Card online as well as offline at their convenience. To apply offline, simply visit the nearest branch with all the required documents and fill in the physical application form. However, if an online method is preferred, then follow a few simple steps as mentioned below:

  • Visit the SBI Card Website and click on “Credit Card”.

  • Under the “Travel & Fuel” category,  the Air India SBI Signature Card will be listed.

  • Click on “Apply Now” and start the application process.

  • Fill in all the required details and upload all the necessary documents in order to complete the process.

Air India SBI Signature Card Eligibility

Applicants must be at least 18 years of age and have a steady source of income to be eligible for a credit card.

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 three 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:

1,95,86,884
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.

Air India SBI Signature Customer Reviews

Overall Rating

2.5

Based on 2 reviews

Rating Summary

5
0%
4
0%
3
50%
2
50%
1
0%

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

Yes, a usage fee will be charged to your Air India SBI Signature Card whenever you visit any Priority Pass member lounge. This fee can be as much as Rs. 27. The fee for lounge access varies according to the type of lounge you visit and can range from Rs. 27 to zero.

Customers who spend a certain amount on their Air India SBI Signature Credit Card receive a milestone benefit of bonus reward points. The amount spent increases the total bonus reward points, with Rs. 5 lakhs receiving 20,000 bonus points as a reward, Rs. 10 lakhs earning 30,000 points, and Rs. 20 lakhs receiving 1,000,000 points in addition to the previous milestone rewards.

Reward points from the Air India SBI Signature Credit Card can be redeemed for a variety of items, including airfare, hotel stays, gift cards and vouchers, and more. Your points can be redeemed online via the SBI Card website or mobile app. You can also redeem your points over the phone by contacting the SBI Card helpline.

The surcharge for railway tickets purchased at counters is  Rs. 30 plus 2.5% of the transaction amount. For railway tickets purchased through the Indian Railways website, it is 1.8% of the transaction amount plus a service charge.

SBI Card provides its current customers with a card that has no annual fee. The SBI Card Unnati does not have an annual fee or charge. SBI Simply CLICK can be used as a free SBI Credit Card by taking advantage of the card's annual fee waiver. However, several credit cards offer spending rewards that effectively waive the fees.

The Air India SBI Signature Card has an interest-free credit period ranging from 20 to 50 days. The interest-free period, however, only applies to retail purchases made with a credit card.

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