- Joining fee
₹2,999 + GST
- Annual fee
₹2,999 + GST
- Best suited for
Travel, Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
10 RPs/₹100 Spent on Dining, Groceries, Movies, and Departmental Stores (Reward Rate ~2.5%). 2 RPs/₹100 for All Other Eligible Spends (Reward Rate ~0.5%)
- Welcome benefits
Voucher Worth ₹3,000 from Yatra, Aditya Birla Fashion, Bata/Hush Puppies, Shoppers Stop, and Pantaloons
- Reward redemption
Redeem RPs for Gift Vouchers, Statement Credit and More. 1 Reward Point = ₹0.25
Benefits
- Travel
Complimentary Club ITC Silver Membership
- Domestic lounge
8 complimentary domestic airport lounge visits per annum (max visits 2 per quarter)
- International lounge
4 complimentary international airport lounge access every year with Priority Pass Membership (2 per quarter)
- Golf
Complimentary Golf Rounds and Lessons With Mastercard and RuPay SELECT Variants
- Insurance
Fraud Liability Cover Worth ₹1 Lakh
Fees & charges
- Spend-based waiver
Renewal fee is waived off if a minimum of Rs. 3 lakhs were spent in the previous year
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
3.5% + GST
- Interest rates
3.75% Per Month (45% Per Annum)
- Fuel surcharge waiver
1% fuel surcharge waiver applicable on every fuel transaction between Rs. 500 to Rs. 4,000 (maximum waiver of Rs. 250 in a month).
- Cash advance charges
2.5% of the amount withdrawn or Rs. 500 (whichever is higher)
Product highlights
- Gift voucher (worth ₹3,000) as a welcome benefit upon card issuance.
- You will earn 10 Reward Points for every ₹100 spent on dining, movies, groceries, and departmental store purchases.
- For other retail spends, get 2 RPs on every transaction of ₹100.
- A gift voucher worth ₹7,000 on annual spends of ₹5 lakhs or more.
- A Pizza Hut e-voucher worth ₹1,000 on spending ₹50,000 in a calendar quarter.
- 4 complimentary international airport lounge access every year (max 2 per quarter).
- 8 complimentary domestic airport lounge access every year (max 2 in a quarter).
- Enjoy exclusive benefits at several luxurious hotels. (only for the Visa variant).
- 20 Reward points for every spend of ₹100 on birthday (max cap of 2,000 Reward Points on birthday spends).
Pros & cons
Pros
- This card provides eight complimentary visits to domestic lounges and 4 to international terminals.
- With the card, you receive an attractive welcome benefit of gift vouchers worth ₹3,000 from popular brands, including Hush Puppies and Bata.
Cons
- This card offers a basic reward rate for base categories.
FAQs
Do I get a fuel surcharge waiver on the SBI Prime Credit Card?
Yes, the cardholder can get a 1% waiver on the fuel surcharge for all fuel transactions between Rs. 500 and Rs. 4,000. Note that the waiver limit is capped at Rs. 250 per month.
What is the Foreign currency markup fee on the SBI Card Prime?
For every international transaction done with the card, the cardholder will face a foreign markup fee of 3.5% on the transaction amount.
What is the monetary value of the Reward Points earned on the SBI Prime Card?
1 Reward Point = ₹0.25 or 4 Reward Points = ₹1
What is the SBI Prime Credit Card Priority Pass?
You get a complimentary Priority Pass membership with the SBI Prime Credit Card. The membership allows you to access over 1,000 domestic and international lounges globally. This card offers 4 complimentary visits using Priority Pass, and beyond that, you have to pay a usage fee of $27 every time you want to access a lounge using Priority Pass.
What is the interest rate on the SBI Prime Credit Card?
The interest rate on the SBI Prime Card is 3.75% per month, i.e, 45% per annum.
Can the SBI Prime Card be used internationally?
Yes, you can use your SBI Prime Card internationally as well. Ensure that you enable international transactions on your card through internet banking to take advantage of this facility.