- Joining fee
₹9,999 + GST
- Annual fee
₹9,999 + GST
- Best suited for
Travel
- Reward type
KrisFlyer Miles
Rewards
- Rewards rate
10 KrisFlyer Miles/₹200 Spent on Singapore Airlines Group and 8 KrisFlyer/₹200 Spend Abroad
- Welcome benefits
10,000 KrisFlyer Miles
- Reward redemption
Rewards are Earned as KrisFlyer Miles
Benefits
- Travel
KrisFlyer Tier Upgrade on Achieving Milestone Spends
- Domestic lounge
2 Visits Each Quarter (8 Annually)
- International lounge
8 Airport Visits Abroad
- Insurance
Baggage Loss and Fraud Loss Cover
Fees & charges
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
3.5%
- Interest rates
3.75% Per Month (45% Per Annum)
- Fuel surcharge waiver
1% Fuel Surcharge Waiver on Transactions Upto ₹3,000
- Cash advance charges
2.5% or ₹500 Whichever is Higher
Product highlights
- This card comes at a fee of ₹9,999 + GST.
- It is most suited for those who often fly with Singapore Airlines.
- 3.5% Forex markup shall be charged on all international spends.
- Complimentary domestic and international airport lounge access is offered with this card.
- Primary cardholders shall also be offered Priority Pass for the first two years of card membership.
Pros & cons
Pros
- With this card, cardholders receive a generous number of domestic and international lounge visits. Additionally, primary cardholders are offered Priority Pass membership.
- The milestone benefits offered with this card are quite attractive. Not only can one earn additional KrisFlyer Miles upto 13,000 Miles, but on spending ₹7.5 lakh, one will also get a a tier upgrade to KrisFlyer Elite Gold membership.
Cons
- This card comes with a fee of ₹9,999, which is quite high compared to other cards. It doesn’t offer holistic rewards such as dining and entertainment benefits.
- The Forex charge for this card is 3.5%, which should have been lower for such a premium card.
FAQs
What is the joining fee for the KrisFlyer SBI Card Apex?
The KrisFlyer SBI Card Apex can be availed at a joining/annual charge of ₹9,999 + GST.
Is there any insurance coverage offered with this card?
Those with the KrisFlyer SBI Card Apex will receive Baggage Delay Coverage of ₹1 lakh and Fraud Loss Coverage of ₹10 Lakh.
When will my KrisFlyer Miles expire?
KrisFlyer Miles are valid for a period of two years.
If I switch to another SBI Credit Card, what will happen to my KrisFlyer Miles earned on this card?
If you transfer your SBI Card KrisFlyer Apex to another SBI Card, all the KrisFlyer Miles will be converted to Reward Points in your SBI Card account within two working days of the transfer.