SBI Prime Credit Card Review - Features, Benefits & Charges

SBI Prime Credit Card (4.2)

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The SBI Prime Credit Card is a versatile credit card that offers a wide range of benefits. These include e-vouchers from Aditya Birla Fashion and Pantaloons, free Trident Privilege Red Tier Membership, free Club Vistara Silver membership, lounge access, a reward rate of 0.5% to 5%, and much more. The joining and annual fee for this card is ₹2,999. Keep reading to learn more about this card. 👇

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

Gift voucher worth ₹3000 from any of these brands, Yatra, Aditya Birla Fashion, Bata/Hush Puppies, Shoppers Stop, and Pantaloons.

Milestone Benefit
  • Waiver of renewal fee on annual spends of ₹3 lakhs.
  • Pizza Hut e-Voucher worth ₹1,000 on spending ₹50,000 in a calendar quarter.
  • E-Gift Voucher worth ₹7,000 from Yatra.com/Pantaloons on spending ₹5 lakhs annually.
Lounge Access
  • 8 free lounge access per year to Domestic Lounges.
  • 4 free lounge access annually to International Lounges.

Note: Maximum 2 visits per quarter.

Travel Benefit
  • Complimentary Trident Privilege Red Tier Membership.
  • Complimentary Club Vistara Silver Membership.
  • 1 Upgrade Voucher from Vistara.
  • Complimentary Air Accident Liability Cover of ₹50 lakhs
Fuel Surcharge

1% fuel surcharge waiver on transactions between ₹500 and ₹4,000.

Note: Maximum waiver up to ₹250 per statement cycle.

EMI Benefit

Convert the transactions of ₹2500 or more into easy EMI.

Other Benefit

Mastercard

  • Up to 50% off on golf games.
  • 1 Free lesson per month at selected golf courses.
  • 4 Rounds of free green fee access.
  • 15% off on F&B and Lalit Hotels.

Visa

  • Up to 10% off on Hertz Car Rental.
  • Up to 35% off on Avis Car Rentals.
  • Exclusive benefits across 900 luxury hotels worldwide.

American Express

  • Up to 25% off on dining.
  • VIP upgrades & Privileges at hotels all over the world.
  • ₹1,000 hotel credit on extended night stay under Trident Privilege Membership.
  • Emergency Card Replacement anywhere in the world.
  • Withdraw Cash anywhere in the world.
Reward Points
  • Earn 2 Reward Points per ₹100 on all other retail spends except fuel.
  • Get 10 Reward Points per ₹100 spent on Dining, Groceries, Departmental stores and Movies. 
  • Reward Rate: 0.5% to 5%
Fee and Charges

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

Charges

Joining Fee

₹2,999

Annual Fee

₹2,999

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

₹0.25
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 offers Complimentary Memberships to flights and hotels.
  2. The card gives a 1% Fuel Surcharge Waiver on all petrol pumps.
  3. It comes with free access to International and Domestic airport lounges.
  4. It allows users to earn reward points on all purchases.
  5. Special benefits to users on birthday.
Cons

Aspects this credit card lacks.

  1. Reward points cannot be earned on fuel transactions.
  2. For the benefits the card offers, the renewal fee waiver is quite high at ₹ 3 lakh
SBI Prime Rating & Reviews

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

Charges

(2.5)

Rewards

(3)

Customer Service

(3)

SBI Prime Credit Card Review

If you are seeking a credit card that provides premium benefits across several categories but doesn't want to pay a high annual fee, the SBI Prime Credit Card is an excellent choice. The benefits offered by this credit card are quite impressive, considering its fee of ₹2,999. This credit card allows you to access complimentary domestic and international lounges, exclusive memberships, e-gift vouchers, milestone bonuses, up to 10X reward points on selected categories, and much more.

This credit card has a joining fee of ₹2,999, which is reasonable given the welcome benefits worth ₹3,000. Overall, if you travel frequently and require airport lounge access or want to take advantage of premium amenities such as car rentals, hotel stays, airport transfer services, etc., this card is an excellent option for you. However, suppose you are looking for a credit card that offers benefits in a particular category. In that case, you can search for the top credit cards available in the market.

Overview

Best for

Travel & Rewards
Joining Fee ₹2,999 + Applicable Taxes
Annual Fee ₹2,999 + Applicable Taxes
Welcome Benefits 2000 Bonus Points on spends of ₹2000
Card Network Visa/Mastercard/American Express

Note: Annual fee is reversed on spending ₹ 3 lakhs in a year.

Who should get the SBI Prime Credit Card?

SBI Prime Credit Card is an ideal choice for people who frequently travel and want some exclusive travel benefits. The card offers a wide range of travel benefits, including premium membership with access to hotels and airline and airport lounge benefits. This card is best suited for people who spend in these categories.

In addition, this card comes with other lifestyle benefits, such as access to golf courses in India, savings on car rentals and VIP access to selected hotels.
In a nutshell, if you want premium perks and are willing to pay a high annual fee, this card is perfect for you.

Reward Points

The SBI Prime Credit Card offers reward points on various purchases and spends across several categories, such as 1,500 bonus points under Trident Privilege Membership, an additional 10 points per ₹100 spent at selected hotels, and 20 reward points for every ₹100 spent on your birthday. Besides that, users can earn reward points on all the other spending as categorised below:

Categories Reward Points (per ₹100 spent)
Vistara Flights 9 Club Vistara pts.
Dining, Movies, Groceries, Departmental Stores 10 pts. 
All retail purchases other than fuel  2 pt.

Note: Reward points earned on birthday spending (one day before, on, and one day after) are capped at 2,000 pts. per calendar year. 

How to apply for SBI Prime Credit Card?

SBI Prime Credit Card can be applied online and offline as well.  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 the below-mentioned steps:

Step 1: Visit the SBI Card Website and click on “Credit Card”.

Step 2: SBI Prime Credit Card will be listed under the “Reward” category.

Step 3: Click on “Apply Now” and start the application process.

Step 4: Fill in all the required details and upload all the necessary documents to complete the process.

SBI Prime Credit 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 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:

1,95,86,884
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.

SBI Prime Customer Reviews

Overall Rating

4

Based on 2 reviews

Rating Summary

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

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

No, you can earn a 1% fuel surcharge waiver on transactions ranging from Rs. 500 to Rs. 4,000. However, you can only get a Rs. 250 fuel surcharge waiver per month. This applies to all transactions made at petrol pumps in India.

A cardholder may obtain up to two SBI add-on credit cards for each primary card. After applying for the add-on card, the cardholder can check the status of the application by following these steps: Log in to the primary cardholder's account using the username and password. The application of the add-on card can then be tracked online. You can also check the status of your application by calling the SBI helpline at 1860-180-1290 or 39-02-02-02. (provide your STD code).

If you have misplaced your SBI Card PRIME Credit Card, please immediately contact the SBI Card PRIME customer service team at 1800 180 1290. (toll-free). The customer service team will assist you in blocking the card and obtaining a replacement.

Yes, the cardholder can use it anywhere across the globe. The SBI Card Prime is accepted at over 24 million locations worldwide. Every time the cardholder uses the card abroad, a foreign transaction fee of up to 3.5% of the transaction amount will be charged.

The SBI Credit Card customer care number is 1800 180 1290. The SBI Credit Card customer care number is a 24/7 helpline which provides assistance to customers for any queries related to the credit car.

Yes, the SBI Card Prime credit card includes a balance transfer on EMI feature that allows cardholders to transfer the outstanding balance on their other bank credit cards to the SBI Card Prime credit card. Once the funds are transferred, cardholders can repay them in easy monthly installments at a lower interest rate with flexible repayment terms.

You must be at least 18 years old, have a valid Indian address, and earn at least Rs. 6 lakhs per year to be eligible for an SBI Prime Card. A good credit score and a track record of repayment are also required. To apply, fill out a simple application form and submit documents such as proof of address, identification, the most recent pay stubs, and bank statements for the previous six months. Once you have submitted all of the required documents, your application will be processed.

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