SBI Card Prime Credit Card

SBI Card PRIME is a premium lifestyle card, packed with multiple benefits such as reward points, privilege membership advantage, lounge access and much more. It is an ideal credit card for those who love to lead a quality life and spend on travel and leisure.

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Benefits and Features of SBI Card PRIME

Welcome Gift

After paying the annual fees for the card, an SMS is sent to you within 15 days to share the choice for e-voucher options.

You can choose the e-vouchers according to your needs and request for the same. As you make the request, a voucher code will be sent to you on your registered mobile number or e-mail ID within 5 days.

You can use the voucher at partner brands such as Bata/ Hush Puppies, Marks, and Spencer, Pantaloons and Shoppers Stop, e-Gift Voucher by showing the voucher code at the respective retail store.

As for Yatra and Shoppers Stop, the code can be used instantly online while making a purchase.

PRIME Rewards

With SBI Card PRIME you can earn a host of rewards with utility bills payments and everyday purchases made online or at a retail store. 4 Reward Points fetch you 1 and thus you can make additional savings with each such purchase with your SBI Card PRIME. You can also pay out your credit card bills with accumulated Reward Points.

Earn Rewards as follows:

Earn 20 rewards points per 100 spent on standing instruction for Utility Bills

Another 10 Reward Points per 100 spent on dining, grocery purchase, shopping at a departmental store and movie tickets booking.

For all other spends, you add 2 Reward Points per 100 to your account.

Fuel Surcharge Waiver:

Enjoy 1% Fuel Surcharge Waiver across all petrol pumps pan India, subject to transactions ranging from 500- 4000 (Exclusive of service tax applicable) by SBI Card PRIME. A maximum of 250 waiver can be enjoyed by a cardholder each month.

Fees and Charges

  • Annual Fee: 2,999 (one time)
  • Renewal Fee: 2,999 (per annum) from second year onwards; Renewal Fee is reversible on annual spends of 3 Lakh
  • Add-on Fee: Nil
  • Extended Credit: Interest-free credit period: 20-50 days *previous month's outstanding must be nil to enjoy interest-free credit period
  • Finance charges: From transaction date it may cost up to 3.35% per month (i.e, 40.2% p.a)
  • Minimum Amount Due: 5% of Total Due (Min. 200 + applicable taxes + EMI ( if any) + Over Limit Amount (if any)
  • Limit on Cash Advance: Up to 80% of the approved credit limit, with a maximum of 15,000/ day
  • Free credit period: Nil
  • Cash Advance Fee: 2.5% of transaction amount ( minimum 300)
  • International ATMs: 3% of transaction amount, (minimum: 300)
  • Cash payment fee and Cheque pickup: 100 for each
  • Payment dishonor fee: 2% (minimum: 450)
  • Statement retrieval: 100 per statement *applicable on statments olders than 2 months
  • Cheque Fee: 100 (Payments made via cheque up to 10,000)
  • Late payment:
  • NIL for Total Amount due from 0 - 200;
  • 100 for Total Amount due greater than 200 & up to 500;
  • 400 for Total Amount due greater than 500 & up to 1000;
  • 600 for Total Amount due greater than 1000 & up to 10,000;
  • 800 for Total Amount due greater than 10,000 & up to 25,000;
  • 950 for Total Amount due greater than 25,000
  • Over Limit: 2.5% of over limit amount, subject to a minimum of 500
  • Card replacement: 100
  • Emergency card replacement, when abroad: Actual cost (subject to a minimum of $175)
  • Foreign currency transaction Conversion mark up: 3.5%
  • Dynamic Currency Conversion: Mark up Fee: 3.50%
  • Rewards redemption fee: 99
  • Priority Pass Lounge Charges: After exhausting the complimentary visits, all Airport Lounge visits within India and outside India will be charged with a usage fee of $27 per visit + applicable taxes. All guests visiting the Airport Lounge will be charged a standard usage fee of $27 per visit + applicable taxes.
  • Surcharges: Railway tickets through counters: 30 + 2.5% of the transaction amount Railway tickets through irctc.co.in: 1.8% of transaction amount + service charge
  • At petrol pumps: 1% fuel surcharge waiver for each transaction between 500 and 4,000 (exclusive of taxes). Maximum surcharge waiver: 250 per statement cycle.
  • Payments of Customs duty: 2.25% of transaction amount (subject to a minimum of 75)