SBI Prime Credit Card

In today’s competitive financial market, credit cards have become more than just a payment tool. They offer a range of benefits and rewards that can enhance your lifestyle and elevate your financial experience. The SBI Prime Credit Card is one such offering from the State Bank of India (SBI), known for its comprehensive features and a host of exclusive privileges. In this blog post, we will delve into the key features, benefits, and potential drawbacks of the SBI Prime Credit Card to help you decide if it’s the right fit for you.

SBI Prime Credit Card Banner

Key Highlights of the SBI Card PRIME

The SBI Card PRIME is among the premium credit cards offered by SBI which is curated specifically for frequent travelers and for the people who make most of their purchases online.

  • Get an e-gift voucher worth Rs.3,000 as a welcome gift.
  • Lucrative PRIME Reward Points system.
  • If your expenses in a year exceed Rs.3 lakh, the annual fee of the credit card will be waived off.
  • Win a Pizza Hut voucher worth Rs.1,000 on purchases worth more than Rs.50,000 in a quarter.
  • Get complimentary Club Vistara and Trident Privilege Memberships

Benefits

Welcome Benefits

The SBI Prime Credit Card welcomes new cardholders with a generous bonus. Upon joining, users receive a welcome e-gift voucher that can be redeemed for various lifestyle and shopping categories. This enticing offer sets the stage for a rewarding journey with the card.

This credit card offers e-gift vouchers worth Rs. 3,000 of top brands as per the below details:

  • Bata/ Hush Puppies, Pantaloons, Shoppers Stop: Voucher can be redeemed by showing the code at the respective brand store
  • Yatra, Shoppers Stop: Voucher can be redeemed online at the time of purchase
  • Aditya Birla Retail Voucher: Redeemable at select brands, including Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter

You can also get more information on SBI.

Accelerated Reward Points

Up to 20X Reward Points

You can earn up to 20 reward points per transaction, which makes it one of the best rewards credit cards in the market. You can also pay your outstanding card bills via accumulated reward points. Here are the details:

  • 20 reward points for every Rs. 100 spent on your birthday*
  • 10 reward points for every Rs. 100 spent on dining, groceries, departmental stores and movies
  • 2 reward points for every Rs. 100 spent on all other retail purchases, except for fuel
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Milestone Rewards

As customers continue to utilize the SBI Prime Credit Card, they unlock milestone rewards. These rewards include annual fee waivers, additional reward points, and exclusive vouchers. By reaching spending thresholds, cardholders can enjoy numerous benefits that enhance their overall experience.

On achieving the spending milestones, you can get complimentary vouchers and a renewal fee waiver via this credit card. Below mentioned are the details:

  • Pizza-hut gift voucher worth Rs. 1,000 on spending Rs. 50,000 in a calendar quarter
  • Renewal fee waiver on annual spends of Rs. 3 lakh
  • Yatra/ Pantaloons gift voucher worth Rs. 7,000 on achieving annual spends of Rs. 5 lakh

Exclusive Lounge Access

One of the standout features of the SBI Prime Credit Card is complimentary lounge access. Cardholders can enjoy access to domestic and international airport lounges, providing a serene and comfortable environment while waiting for their flights. This benefit adds a touch of luxury to the travel experience.

Travel Benefits

The SBI Prime Credit Card offers an array of travel benefits that make it a preferred choice for globetrotters. These include complimentary membership to the Priority Pass program, which grants access to over 1,000 airport lounges worldwide. Cardholders also enjoy international concierge services, travel insurance, and fuel surcharge waivers.

Complimentary Trident Privilege Red Tier Membership

  • 1,000 welcome points on registration
  • 1,500 bonus points on your first stay
  • Extra 1,000 hotel credit on an extended night stay (use promo code: SBITH)
  • 10% instant discount on bookings via hotel website
  • 10 points on every Rs. 100 spent during your stay at participating hotels

Complimentary Club Vistara Membership

  • Complimentary Club Vistara Silver Membership
  • 1 upgrade voucher
  • 9 Club Vistara (CV) Points for every Rs. 100 spent on Vistara flights

Complimentary Lounge Access

  • 4 complimentary lounge visits per calendar year to international priority pass lounges, outside India (Max. 2 visits in a quarter)
  • 8 complimentary lounge visits per calendar year to domestic lounges in India (Max. 2 visits per quarter)

Other Benefits

Apart from the benefits mentioned above, this credit card also offers a fuel surcharge waiver and exclusive privileges for Visa cardholders. Below mentioned are some of the other SBI Prime Credit Card benefits:

  • 1% fuel surcharge waiver on your transactions between Rs. 500 and Rs. 4,000 across all petrol pumps in India
  • Up to 10% off on Hertz car rental
  • Up to 35% discount on Avis Car rentals
  • Exclusive benefits across 900 luxury hotels worldwide

Insurance Coverage

The SBI Prime Credit Card provides cardholders with comprehensive insurance coverage, including air accident insurance and purchase protection. These insurance benefits provide peace of mind, protecting customers from unexpected events and giving them added confidence in their financial decisions.

How To Redeem Reward Points

You can redeem your reward points through State Bank of India net banking. Here are the steps which need to be followed to redeem points on SBI Prime Credit Card:

Step 1: Log in to your SBI net banking account.

Step 2: Click on the ‘redeem rewards‘ option on the main page.

Step 3: You can choose the reward category from the catalog given to you.

Step 4: The total reward points will be shown to you on the left side of the page.

Step 5: Input the city for the delivery of the rewards.

Step 6: Choose the quantity of the reward and then click on ‘add to cart‘.

Step 7: Once done, check on the disclaimer and click on ‘place order’.

Fee’s And Charges

Type of ChargeAmount
Annual feeRs.2,999
Renewal feeRs.2,999
Add-On card feeNil
Cash advance fee2.5% of the amount withdrawn or Rs.500 (Domestic ATMs)
2.5% of the amount withdrawn or Rs.500 (International ATMs)
Finance Charges3.50% per month or 42% per annum
Payment dishonor fee2% of the payment amount; minimum of Rs.450
Statement requestRs.100 per statement (more than 2 months old)
Cash payment feeRs.250
Late payment feeFrom Rs.0 to Rs.500 – Nil
More than Rs.500 up to Rs.1,000 – Rs.400
More than Rs.1,000 up to Rs.10,000 – Rs.750
More than Rs.10,000 up to Rs.25,000 – Rs.950
More than Rs.25,000 up to Rs.50,000 – Rs.1,100
More than Rs.50,000 – Rs.1,300
Cheque payment feeRs.100
Over limit fee2.5% of the over limit amount; minimum of Rs.600
Rewards redemption feeRs.99
Foreign currency transaction3.50%

Eligibility and Documentation of SBI Prime Credit Card

CriteriaDetails
Age Requirement18 to 60 years
OccupationSalaried or Self-employed
Documents Required1)Filled credit card application form.
2)A copy of PAN card or Form 60.
3)Identity proof – PAN, driving licence, Aadhaar Card, etc.
4)Income proof – latest pay slips, Form 16, IT return copy, etc.
5)Residence proof – Passport, Ration Card , electricity bill, Aadhaar, etc.
6)Passport size color photographs of the applicant.

Comparison Of Different Credit Cards

SBI Card Pulse v/s SBI Prime Credit Card

BasisSBI Card PULSESBI Prime Credit Card
Reward Rate1)5x RP for every Rs. 100 spent on chemist and pharmacy, dining, movies
2)2 RP for every Rs. 100 spent on all other transactions except fuel
1)5x RP for every Rs. 100 spent on dining, movies, groceries, and departmental stores
2)2 RP for every Rs. 100 spent on all retail spends.
3)10x RP for every Rs. 100 spent on the birthday
Reward Redemption1)Can be redeemed against the products available on sbicard.com

2)Can be redeemed for cash, 1 RP = Rs. 0.25 
1)Can be redeemed against the products available on sbicard.com

2)Can be redeemed for cash, 1 RP = Rs. 0.25 
Fuel Surcharge Waiver1% at all fuel stations1% at all IOCL fuel stations
Welcome Benefits1)Complimentary Noise ColorFit Pulse Smart Watch worth Rs. 4,999

2)Complimentary FitPass Pro membership.

3)Complimentary Netmeds First Membership
Gift voucher worth Rs. 3,000 from any one of the following brands – Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop, and Yatra
Dining BenefitsNA25% off on dining bills across the partnered restaurants with the American Express Variant only
Milestone BenefitsNetmeds voucher worth Rs. 1,500 on spending Rs. 4 Lakhs or more in an anniversary yea1)Pizza Hut voucher worth Rs. 1,000 on spending Rs. 50,000 in a quarter

2)Voucher worth Rs. 7,000 from Yatra or Pantaloons on spending Rs. 5,00,000 in anniversary year
Lounge Access8 complimentary domestic lounge access (Limited to 2 per quarter)1)2 complimentary domestic lounge access per quarter

2)4 complimentary international lounge access (2 per quarter) with Priority Pass Membership
Joining FeeRs. 1,499 + TaxesRs. 2,999 + Taxes
Renewal FeesRs. 1,499 + Taxes Rs. 2,999 + Taxes
Eligibility1)Issued to salaried individuals between the age of 18 years and 65 years

2)Issued to self-employed individuals between the age of 21 years and 60 years

3)The applicant should have a stable source of income

4)The applicant should hold a decent credit score
1)Issued to salaried individuals between the age of 18 years and 65 years and having an income of Rs. 32,000 per month

2)Issued to self-employed individuals between the age of 21 years and 65 years and having an income of Rs. 32,000 per month as per ITR

SBI Prime Credit Card vs SBI SimplySAVE Credit Card

BasisSBI Prime Credit CardSBI SimplySAVE Credit Card
Reward Rate

1)5x RP on every Rs. 100 spent on dining, groceries, departmental stores, and movies.

2)2 RP on every Rs. 100 spent on all other spends.
1)10x RP on every Rs. 100 spent on dining, groceries, departmental stores, and movies.

2)1 RP for every Rs. 100 spent on all other spends.
Reward Redemption1)Can be redeemed for gift vouchers available on www.sbicard.com or on SBI Mobile Application.

2)Can be redeemed for paying outstanding credit card bills.
 
3)1 RP = Rs. 0.25
1)Can be redeemed for gift vouchers available on www.sbicard.com or on SBI Mobile Application.

2)Can be redeemed for paying the outstanding bill of the credit card

3)4 RP = Re. 12
Fuel Surcharge Waiver1%, capped at Rs. 250 per month1% limited to Rs. 100 per month
Welcome BenefitsGift voucher worth Rs. 3,000 from any one of the renowned brands.2,000 RP on the spending of Rs. 2,000 within 60 days of card issuance
Milestone BenefitsNAAs a milestone benefit, waiver of the annual fee on spending Rs. 1,00,000 in the previous year.
Lounge Visits8 domestic and 4 international lounge visits limited to 2 per quarterNA
Dining Benefits1)5x RP on dining spends.

2)25% on dining bills at partnered restaurants using the American Express variant of this card.
10x RP while spending on dining
Membership FeeRs. 2,999 + GSTRs. 499 + Taxes
Renewal FeesRs. 2,999 + GSTRs. 499 + Taxes 
Eligibility1)Issued to either salaried or self-employed individual.

2)Minimum salary of Rs. 32,000 per month and Age between 18-65 years in case of a salaried individual.

3)Minimum income of Rs. 32,000 (as per ITR) and age between 21-65 years in case of a self-employed individual and 18-65 years in case of a salaried individual and 18-65 years in case of a salaried individual.
1)Issued to either salaried or self-employed individual.

2)Minimum salary of Rs. 20,000 per month and age between 18-65 years in case of a salaried individual.

3)Minimum income of Rs. 20,000 (as per ITR) and age between 21 – 65 years in the case of a self-employed individual and 18-65 years in the case of a salaried individual and 18-65 years in the case of a salaried individual.

SBI Card Elite vs SBI Prime Credit Card

FeaturesSBI Card EliteSBI Prime Credit Card
Annual FeeRs. 4,999Rs. 2,999
Interest Rate3.5% per month3.5% per month
Welcome BenefitsTravel or shopping voucher worth Rs. 5,000Travel or shopping voucher worth Rs. 3,000
Reward Rate1)10 Reward Points on every Rs. 100 spent on dining, departmental stores, and groceries.

2)2 Reward Points on every Rs. 100 spent elsewhere.
1)10 Reward Points on every Rs. 100 spent on departmental stores, groceries, and dining.

2)2 Reward Points on every Rs. 100 spent elsewhere.
Reward RedemptionThe reward points you earn can be redeemed against gift vouchers and statement cash at a rate of 1 RP = Re. 0.25.The earned reward points can be redeemed against gift vouchers and statement cash, where 1 RP = Re. 0.25.
Milestone BenefitsEarn up to 50,000 bonus Reward points every year.Earn gift vouchers worth up to Rs. 11,000 every year.
Dining BenefitsUp to 25% discount on dining with the AmEx variant.Up to 25% off on dining at partner restaurants with the AmEx variant.
Movie Benefits2 complimentary movie tickets every month.1)5X Reward Points (10 Reward Points) on dining and movie spends.

2)Get up to 25% discount on dining bills at partner restaurants (only with AmEx variant).
Travel Benefits)Complimentary Club Vistara Silver membership

2)Complimentary Trident Privilege Silver Tier membership

3)Exciting discount offers at luxury hotels.
1)Complimentary Club Vistara Silver membership

2)Complimentary Trident Privilege Silver Tier membership

3)Exciting discount offers at luxury hotels.
Airport Lounge Access1)8 complimentary domestic lounge access every year

2)6 complimentary international lounge access every year
1)8 complimentary domestic lounge access every year

2)4 complimentary international lounge access every year.
Forex Markup Fee1.99% on all foreign currency spends.3.5% on all foreign currency spends.
Golf Benefits4 complimentary golf games and 1 complimentary golf lesson every month.Access to 4 complimentary golf games and 1 golf lesson each month.
Insurance BenefitsFraud liability covers worth Rs. 1 lakh.1)Air accident cover worth Rs. 50 lakhs.

2)Fraud liability covers worth Rs. 1 lakh.
Spend-based WaiverThe annual fee is waived off on spending Rs. 10 lakhs in a year.The annual fee is waived off on spending Rs. 3 lakhs in a year.

How to Apply?

Step 1: Check your eligibility for the card.

Step 2: Submit the information that you are asked for.

Step 3: Next, upload the documents when you are prompted to do so.

Step 4: Use the tracking ID on the ‘Track Application’ process and get the application status.

Net Banking

Go to the SBI official website. Access your net banking account using your user ID and password. Follow the below steps to activate your SBI Prime credit card –

  • Register yourself if you are using net banking for the first time.
  • Generate the PIN.
  • Login with your net banking credentials.
  • Select SBI Prime credit card.
  • Input your credit card number and the one-time password that you will receive on your mobile.
  • You will be asked to enter one more OTP for activating the credit card.
  • That is it, your credit card will be activated after this.

Mobile Banking

  • Download and install the SBI app on your phone.
  • Log in to your account using the user ID and password.
  • Enter the OTP received on the mobile number registered with SBI.
  • Click on “Proceed”.
  • Go ahead to set an “M” Pin and enable Touch ID to activate the credit card.

Now, go to the “Requests” tab and select “Card Activation”. Now, enter the card details once again. Cross-check details like credit card number, mobile number, and registered email ID and click on “Activate”.

Offline Activation

  1. SBI Prime credit card can also be activated offline through the ATM.
    1. Visit the SBI ATM in your area.
    2. Insert your card into the reader, then select your chosen language to proceed.
    3. A one-time password will be required to generate a new ATM pin for you. Put the OTP into the space provided using the registered mobile number.
    4. Your cell phone number must be entered for verification. You will be given a four-digit pin of your choice after the verification, which you will require in order to access your SBI credit card moving forward. Retype your pin to confirm it, then click the submit button to finish.
  2. Alternatively, you can also call SBI Credit Card Customer Care Number. Activation is easy by calling on the toll-free number 1800 180 1290.

Contact SBI

Via Phone :
Dial 1860 500 12901860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)

Via Email :
sbicorporate.services@sbicard.com You can send your mail’s here.

Conclusion

The SBI Prime Credit Card stands out in the market as a feature-rich and rewarding financial tool. Its extensive range of benefits, from accelerated rewards and milestone rewards to lounge access and travel perks, make it a top choice for customers seeking a credit card that caters to their lifestyle and preferences. Whether it’s dining, shopping, travel, or entertainment, this card offers an exceptional experience and unrivaled privileges. If you’re in search of a credit card that combines luxury, rewards, and convenience, the SBI Prime Credit Card deserves serious consideration.

F.A.Qs

Can I apply offline for SBI Prime Credit Card?

Can I apply for add-on cards on my SBI Prime Credit Card?

How can I check the status of my application for SBI Prime credit card?

Is the SBI Card PRIME a contactless credit card?

Can I use SBI Card PRIME abroad?

How many add-on credit cards can I avail on my SBI Card PRIME?

Is balance transfer facility available on SBI Card PRIME?

My application for SBI Prime credit card got rejected. What can be the possible reasons behind the rejection?

What is the annual fee for SBI Prime?

What is the cash limit of SBI Prime card?

SBI Credit Card Customer Care Number?

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