SBI Prime Credit Card – The Best Reward Credit Cards
SBI Card PRIME is one of the premium credit cards offered by the State Bank of India (SBI) for its customers who desire to enjoy exclusive privileges and rewards. It's an all-rounder credit card providing benefits across rewards, shopping, dining, flights, hotels, and more. On everyday spending categories such as groceries, dining, and departmental store purchases, SBI Card PRIME offers accelerated rewards. Some of the travel privileges that cardholders can avail are complimentary membership to Priority Pass, Club Vistara and Trident Red Tier.
In this blog, Fintra discusses the features, eligibility criteria, fees, and how to apply for the SBI Card PRIME.
Features of SBI Prime Credit Card:
Welcome Benefits: As a welcome gift, SBI Prime Credit Card welcomes you by giving an e-gift voucher worth Rs. 3,000 from any of the following brands: Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop and Yatra.com
Rewards Points: The SBI Card PRIME rewards its users with reward points for every purchase made. These reward points can be redeemed for various products, including gift vouchers, air miles, and more. Cardholders can gain 10 Reward Points per Rs. 100 spent on Dining, Groceries, Departmental stores and Movies. They can also acquire 2 Reward Points per Rs. 100 on all other retail spends except fuel
Milestone Benefits: The SBI Prime Credit Card offers milestone benefits such as a Pizza Hut e-Voucher worth Rs. 1,000 on achieving spends of Rs. 50,000 in a calendar quarter, waiver of renewal fee on annual spends of Rs. 3 Lakhs, and E-Gift Voucher worth Rs. 7,000 from Yatra.com/Pantaloons on reaching annual spends of Rs. 5 Lakhs
Trident Privilege Membership: SBI Prime Credit Card offers complimentary Trident Privilege Red Tier Membership, cardholders can earn exclusive 1,000 Welcome Points on registration, get 1,500 Bonus Points on the first stay, and an additional Rs. 1,000 hotel credit on an extended night stay
Club Vistara Membership: Cardholders can get complimentary Club Vistara Silver membership, 1 Upgrade Voucher, and obtain 9 Club Vistara Points for every Rs. 100 spent on Vistara flights
Lounge Access: The cardholder gets complimentary access to domestic/international airport lounges under the Visa Lounge Access program, which allows them to relax and unwind before their flight. SBI Prime Credit Card offers 4 complimentary visits per calendar year to International Priority Pass Lounges (max. 2 visits per quarter) and 8 complimentary visits per calendar year to Domestic Lounges in India (max. 2 visits per quarter)
Birthday Benefit: SBI Prime Credit Card makes your birthday even special by offering 20 Reward Points per Rs. 100 spent on the user's birthday. The reward points on Birthday spends (one day before, on the birthday and one day after) are limited to 2000 Reward points per calendar year
Fuel Surcharge Waiver: The cardholder can avail of a 1% fuel surcharge waiver on transaction amounts ranging from Rs.500-Rs.4000 at all fuel purchases made at petrol pumps across India
Other benefits:
The other benefits of the SBI Prime Credit Card include the following:
- Save up to 10% on Hertz car rentals and up to 35% on Avis Car Rentals
- Enjoy exclusive benefits across 900 luxury hotels globally
- On the American Express Dining Platform, cardholders can discover delicious dining offers and get up to 25% discount in the user's city
- Get a complimentary Tablet Plus membership wherein you can access VIP upgrades and privileges at hotels in India and worldwide
Eligibility Criteria of SBI Prime Credit Card
Age: The cardholder age must be between 21 and 70 years old.
Credit score: The cardholder must have a good credit score, preferably above 750.
Income: Should have a stable income source. The minimum income requirement for SBI Card PRIME is Rs. 60,000 per month.
Citizenship: An Indian citizen or a Non-Resident Indian (NRI) with a valid Indian address.
Fees of SBI Prime Credit Card
The joining fee for the SBI Card PRIME is Rs. 2,999. However, the annual fee for the first year is Rs. 2,999. From the second year onwards, the annual fee is Rs. 2,999. However, you can get a waiver on the annual fee if you spend Rs. 3 lahks or more in a year.
How to Apply for SBI Prime Credit Card?
You can apply for the SBI Card PRIME through the following steps:
- Visit the SBI Card website.
- Click on the 'Apply Now' button under the SBI Card PRIME.
- Enter your personal and contact details.
- Enter your income details and upload the necessary documents.
- Review and submit your application.
- Once your application is approved, your SBI Card PRIME will be delivered to your registered address.
Conclusion
The SBI Card PRIME is an ideal credit card for those who desire to enjoy exclusive privileges and rewards. However, before applying for the card, make sure to check the eligibility criteria and fees and charges associated with it. If you meet the eligibility criteria and are comfortable with the fees and charges, you can apply for the card through the SBI Card website.
