The SBI Prime Credit Card was launched in the middle of 2017, and it has been one of the best premium credit cards in the market ever since, for a number of reasons, such as easy approval, lounge access, milestone benefits, fee waiver and a lot more.
SBI Prime Credit Card Review: Benefits, Features & Fees
SBI Prime Credit Card Review: Benefits, Features & Fees
The SBI Prime credit card offers a variety of benefits for their customers, which meet all of their lifestyle demands. It gives us huge discounts and cashback as reward points on various transactions like buying movie tickets, paying for dining, airport lounge access, etc. In this article, we will be talking about all the benefits, fees, and procedures of the Prime credit card.
Eligibility Criteria of SBI Prime Credit Card
Annual Fee and Sign up Benefits
The annual fee of this card is Rs. 2999/-. This fee is waived off when you if you spend more than Rs. 3 lakh per year, i.e., you just have to spend Rs.25000 per month on your card to hit Rs.3 lakh per year. On signing up, you get an e-gift voucher worth Rs. 3000 as a benefit. These e-gift vouchers have a variety of options to choose from the brands like Yatra, Shoppers Stop, Pantaloons, Mark & Spencer, Bata, and Hush Puppies Once the annual fee is paid, then the customer is offered the different types of an e-voucher to choose from.
SBI Prime Card Benefits
The target audience of this card is primarily shopaholics. This card gives you many points for even online grocery shopping, which makes you earn 15-20 points on spending Rs. 100
3.5% cashback on BigBasket, which is up to 15 credit points approximately for Rs. 100 spent. 20% off on Zomato orders above Rs.300. 10 reward points are earned by spending on Dining, Departmental Store, Groceries, and Movies by spending Rs 100, giving us approximately 2.5% of cashback. Additionally, on each transaction, you will get 2 reward points.
SBI Prime Card Benefits in India
SBI PRIME CARD Complimentary Offers
This card provides you a Trident membership, which provides you a good deal to stay if you choose the Trident chain of hotels. 1500 bonus reward points are added to your account on your first hotel stay. If you book from the hotel’s website, then you get an instant discount of 10%.
Booking of hotel stay gives you 10000 miles, and if it is done through Kaligi.com, then an additional 25% extra miles are provided. 8% off is provided on the bookings across the Asia Pacific when booked through hotels.com Avis Car Rentals provide up to 35% off.
Additional Benefits
Documents Required:
Firstly, you have to fill a credit card application form. PAN card copy or of Form 60 A valid identity proof. For example, Aadhar Card, Driving License, PAN card, etc. Proof of income through income slips, Form 16, IT return copy, etc. Residencial proof like Passport, Ration Card, electricity bill, Aadhaar card, etc. A colored passport size photograph of the applicant.
SBI Prime Credit Card Fees and Other Charges
Recommended: SBI Simply Save Credit Card Detailed Review More than Rs. 500 up to Rs. 1,000 – Rs.400 More than Rs.1,000 up to Rs. 10,000 – Rs.600 More than Rs. 10,000 up to Rs. 25,000 – Rs.800 More than Rs. 25,000 – Rs.950. Is it a contactless credit card? It is powered by a contactless technology, SBI Card Prime enables swipe-less transactions at POS terminals. Can I use SBI Card PRIME abroad? It can be accessed in 24 million outlets around the world. But the fee of accessing the credit card was 3.5% per transaction. How to report the loss of my Credit Card? When you lose your credit card in India, you can call the 24/7 helpline of the bank and report about your issue. These are the contact numbers 1860 180 1290 or 39 02 02 02 (prefix local STD code). There are numbers for different counties also if you have lost a card over there. How many add-on credit cards can I avail on my SBI Card PRIME? Two credit cards can be applied on one SBI Prime credit card. Is the balance transfer facility available on this card? Your other banks’ outstanding amount can be easily transferred to your SBI account, and even it can be transferred through the EMI facility.