SBI Card Prime is a credit card offered by the State Bank of India (SBI), one of the largest public sector banks in India. The card is designed to provide numerous benefits and rewards to its users, catering to their lifestyle and financial needs.
1. Welcome Offers: The SBI Card Prime comes with attractive welcome offers, which may include bonus reward points, cashback, or vouchers, when you successfully apply for the card and meet the specified spending requirements within a given time frame.
2. Reward Program: The card offers a rewards program where you can earn reward points on your card spends. These points can be accumulated and redeemed for a variety of options, including merchandise, gift vouchers, and airline miles.
3. Milestone Benefits: As you reach certain spending milestones, the SBI Card Prime provides additional benefits such as bonus reward points, milestone vouchers, or discounts on select categories or merchants. These rewards encourage cardholders to maximize their spending and enjoy more value from the card.
4. Lifestyle Benefits: The SBI Card Prime offers a range of lifestyle benefits, including dining discounts, movie ticket offers, and access to exclusive events or experiences. These perks enhance your overall lifestyle and provide savings on various leisure activities.
5. Travel Benefits: If you are a frequent traveler, the SBI Card Prime offers benefits like complimentary airport lounge access, travel insurance coverage, fuel surcharge waivers, and discounts on hotel bookings or flight tickets. These features aim to make your travel experience more convenient and rewarding.
Benefits of SBI Card Prime
Welcome Gift:
Upon payment of the annual fee, you will receive an SMS with e-voucher options. You can choose from brands like Bata/Hush Puppies, Pantaloons, Shoppers Stop, Yatra, and more. The e-voucher will be sent to your registered mobile number or email ID within 5 days of your request. Some vouchers can be redeemed in-store by showing the code, while others can be redeemed online at the time of purchase.
PRIME Rewards:
For every Rs. 100 spent on retail purchases (excluding fuel), you earn 2 Reward Points. These points can be redeemed to pay your card outstanding, with 4 Reward Points equaling Rs. 1. Additionally, you get a 1% fuel surcharge waiver on transactions ranging from Rs. 500 to Rs. 4,000 at petrol pumps, with a maximum waiver of Rs. 250 per month.
Milestone Benefits:
When you achieve spends of Rs. 50,000, you will receive a Pizza Hut e-voucher via SMS. For spends of Rs. 5 lakhs, you will receive an SMS to choose an e-gift voucher option from Yatra.com or Pantaloons.
Trident Privilege Membership:
As a SBI Card Prime holder, you can enjoy 10% instant savings on bookings made through the hotel website. Additionally, for every Rs. 100 spent (excluding taxes) during your stay at participating hotels, you earn 10 Trident Privilege Points.
Club Vistara Membership:
You are entitled to complimentary Club Vistara Silver membership, which includes benefits like 1 upgrade voucher and earning 9 Club Vistara Points for every Rs. 100 spent on Vistara flights. You can apply for your exclusive Club Vistara Silver membership.
Lounge Access:
You have access to 4 complimentary visits per calendar year to International Priority Pass Lounges outside India (maximum 2 visits per quarter) and 8 complimentary visits per calendar year to Domestic Lounges in India (maximum 2 visits per quarter).
Birthday Benefit:
On your birthday, you can enjoy 20 Reward Points per Rs. 100 spent. However, the reward points on birthday spends are capped at 2,000 Reward Points per calendar year.
It’s important to note that the availability of specific offers and benefits may be subject to change, and it’s advisable to refer to the latest terms and conditions provided by SBI Card for the SBI Card Prime.
Features of SBI Card Prime
1. Mastercard/Visa/American Express Privileges: The card provides various privileges offered by Mastercard, Visa, and American Express. These privileges are subject to their respective terms and conditions, which can be accessed through the provided links. They include benefits such as discounts on golf games, hotel bookings, car rentals, dining offers, and more.
2. Contactless Advantage: The SBI Card Prime is equipped with contactless payment technology, allowing you to make fast and secure transactions by waving the card at a secure reader. This feature offers convenience, security, and reduces the risk of card loss and fraud. Further information and frequently asked questions can be accessed through the provided links.
3. Global Acceptance: SBI Card Prime is accepted at over 24 million outlets worldwide, including 325,000 outlets in India, providing you with a wide range of acceptance for making purchases.
4. Fraud Liability Cover: The card offers a complimentary Air Accident Liability Cover of Rs. 50 lakhs. Additionally, it provides a credit card Fraud Liability Cover of Rs. 1 lakh, applicable from 48 hours prior to reporting the loss of the card until 7 days post reporting. To report card loss, contact the SBI Card helpline.
5. Emergency Card Replacement: If your card is lost, you can get it replaced anywhere in the world for Visa and Mastercard. Emergency card replacement services are available 24/7, even while traveling abroad. Contact the provided helpline numbers for assistance. In case of card loss in India, call the SBI Card helpline.
6. Add-on Cards: With the SBI Card Prime, you can empower up to 2 family members (parents, spouse, children, or siblings above 18 years of age) by providing them with an add-on card.
7. Cash Access Across the World: You can withdraw cash from over 1 million Visa, Mastercard, and American Express ATMs worldwide using your SBI Card Prime.
8. Safe and Secure: The SBI Card Prime is equipped with chip and PIN technology, enhancing security and providing protection against counterfeiting and skimming.
9. Easy Bill Pay Facility: The card offers an Easy Bill Pay facility, allowing you to pay your utility bills such as electricity, telephone, and mobile bills using your SBI Card Prime. Visit the provided link for more information.
10. Balance Transfer on EMI: You can transfer the outstanding balance from other banks’ credit cards to your SBI Card Prime and avail a lower rate of interest, paying it back in EMIs. Log onto sbicard.com to avail this service. Visit the provided link for more information.
It’s important to review the detailed terms and conditions of the SBI Card Prime, including any fees, interest rates, and eligibility criteria. For specific information and any updates, it’s recommended to refer to the official SBI Card website or contact SBI Card customer support.
Fees and Charges
The SBI Card Prime has the following fee structure:
1. Annual Fee (one time): Rs. 2,999 + Taxes
2. Renewal Fee (per annum): Rs. 2,999 + Taxes starting from the second year onwards
3. Add-on Fee (per annum): Nil (no fee for additional cards)
For detailed information on fees and other applicable charges, please refer to the Most Important Terms & Conditions provided by SBI Card.
Payments made towards your cardholder account will be settled in the following order:
1. Minimum Amount Due (inclusive of applicable taxes, EMI on EMI-based products, and 5% of Total Outstanding)
2. Fees & Other Charges
3. Interest Charges
4. Balance Transfer Outstanding
5. Purchase Outstanding
6. Cash Advance
To ensure timely processing of cheque payments, it is recommended to submit account payee cheques following CTS 2010 standards.
All taxes will be charged as applicable on the fees, interest, and other charges mentioned above. Please note that your continued use of the card will be considered acceptance of any amendments made to the Terms and Conditions.
For further assistance, you can contact the SBI Card helpline at:
Dial 1860 180 1290 or 39 02 02 02 (prefix local STD code)
FAQ’s (Frequently Asked Questions)
Q: How can I apply for the SBI Card Prime?
A: You can apply for the SBI Card Prime by visiting the SBI Card website or contacting SBI Card customer support. The application process typically involves providing personal and financial information, and it is subject to eligibility criteria set by SBI Card.
Q: What are the eligibility criteria for SBI Card Prime?
A: The eligibility criteria may vary, and it is best to refer to the SBI Card website or contact SBI Card customer support for the most up-to-date information regarding eligibility requirements.
Q: What are the benefits of the SBI Card Prime?
A: The SBI Card Prime offers various benefits, such as welcome gifts, reward points on retail spends, milestone benefits, lounge access, memberships, and privileges offered by Mastercard/Visa/American Express. It also provides features like contactless payments, global acceptance, fraud liability cover, emergency card replacement, and more.
Q: What are the fees associated with the SBI Card Prime?
A: The SBI Card Prime has an annual fee of Rs. 2,999 + Taxes, which is payable at the time of issuance and renewal. Additional charges or fees may apply, and it is recommended to review the Most Important Terms & Conditions provided by SBI Card for detailed information.
Conclusion:
The SBI Card Prime is a premium credit card offering a range of benefits, including welcome gifts, reward points, milestone benefits, lounge access, memberships, and global acceptance. It provides features like contactless payments, enhanced security, and convenience. However, it’s essential to review the specific terms and conditions, fees, and eligibility criteria before applying for the card.
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