The SBI Prime Credit Card is covered in a premium card segment with luxury benefits. Basically, it has combining lifestyle perks with travel-friendly features, which is launched by SBI cards and payment services. It offers attractive benefits like; reward points, lifestyle discounts as well as travel privileges.
In the digital transformation, credit cards play a vital role as a financial tool. So, in this article we are going to understand about the features, benefits, annual fees and eligibility criteria for SBI Prime Credit Card.
Key Benefits of SBI Prime Credit Card | SBI Prime Card Benefits
There are some basic key features or we can say benefits of using a SBI Prime Credit Card. So, let’s get to know in detail about that.
Welcome Benefits
Once you pay for the joining fee, you can receive a kind of an e-gift voucher, which is worth of rs. 3,000. You can redeem it leading brands like Bata, Pantaloons, Aditya Birla Fashion as well as Yatra.com and etc.
Reward Points on Spending
- You can Get reward points in special occesion like 20 RP per ₹100 spent on birthday or the day before and the day after your birthday. But max you can get 2,000 RP annually.
- You can get 10 Reward Points per ₹100 spent on dining, groceries, departmental stores as well as movies.
- You can get 2 RP per spent ₹100 on all other retail purchases except fuel.
Here, in this case 4 RP ≈ ₹1. So, after all you can get up to 2.5% additional value in bonus.
Lifestyle & Travel Perks
In that for enjoying benefits are depends on network like; Visa/MasterCard/American Express
- Here in this card; 4 free green fees at select golf courses and additionally 50% on games + 1 lesson per month.
- You can get 50% off at Lalit hotels to book rooms.
- You can get car rental discounts like; 10% on Hertz, 35% on Avis.
- In the travel perks you can get International hotel privileges, golf, dining discounts, depending on the card network.
Complimentary Lounge Access
- While using this card, you can eligible to access lounge for 8 domestic visits per year. While, max 2 visits per quarter.
- At other hand, you can eligible to access the 4 international lounge visits via Priority Pass annually. Which is max 2 per quarter.
Insurance & Safety
- In the Insurance ans safety you can get ₹50 lakh air accident insurance while is avail until July 15, 2025 after which discontinued.
- While in fraud liability you can get ₹1 lakh cover.
- The another support for this card is Global emergency card replacement, which is avail for 24×7 customer support.
Fuel Surcharge Waiver
In that, A 1% fuel surcharge waiver on transactions between ₹500–₹4,000, up to ₹250/month.
Milestone Benefits
- You can get quarterly benefits of ₹1,000 Pizza Hut voucher upon spending ₹50,000.
- And in the annual benefits ₹7,000 e-gift voucher from Yatra or Pantaloons on spends of ₹5 lakh.
Add‑on Cards
You can issue up to 2 more add-on cards at no extra cost for your family members who has their age above 18.
SBI Prime Credit Card Annual Fee & Waiver
The fee structure of SBI Prime Credit Card is just simple and easy to understand foe everyone.
- Joining Fee: The joining fee for applying the card is ₹2,999 + taxes.
- Then Renewal Fee: Renewal fee for this card is ₹2,999 + taxes (every year)
- Add-on card Fee: While, Add-on card fee is Nil. You don’t need to pay a single penny for it.
Fee Waiver Condition:
Annual fee waived if you spending ≥ ₹3 lakh in preceding year.
While, “If you have spent more than 3L, they’ll refund the fees next month. Remember they won’t refund the GST”.
What is the cost-Benefit Analysis for SBI Prime Credit Card?
Total Value Potential:
- Welcome voucher worth of ₹3,000
- Milestone vouchers worth: ₹1,000 (Pizza Hut Q) × 4 = ₹4,000 + ₹7,000 annual = ₹11,000
- Lounge access: Est. ₹3,000–₹5,000 worth
- Reward points: Varies—if you spend ₹3 lakh in categories, could earn ~₹5,000–₹7,500 value
- Fuel surcharge waiver: up to ₹3,000/year
Total estimated value: ₹22,000–₹30,000 annually if you maximize benefits.
After this calculation, we can compare against ₹2,999 fee: high ROI if benefits are fully used by the user or the card owner; low value for low spend users.
How to Apply for SBI Prime Credit Card?
Eligibility Criteria
- Age: The age of applicant should between 21-60 years.
- Minimum Income: Applicant’s minimum income is ₹18 lakh per annum for salaried person or ₹24 lakh per annum for self-employed.
- Good credit score: The credit score must 750+ preferred.
Documents Required
In the joining process for applying SBI Prime credit Card there are basic documents are neccesary.
- PAN Card
- Aadhaar Card
- Salary slips (last 3 months) / ITR (for self-employed)
- Bank statements
Application Process
- For the applying for SBI Prime Credit Card, You just need to Visit the SBI Card official website.
- Then, Select “SBI Prime Credit Card”.
- After that, fill in personal details & income details.
- After fill all the details you have to upload documents & submit it.
- At last, you can get approval within 7-10 working days.
Alternatives to SBI Prime Credit Card
If, in any cases SBI Prime Credit Card doesn’t fit your needs then, here are short details via table for the alternatives.
| Credit Card | Annual Fee | Key Benefits |
|---|---|---|
| HDFC Regalia Gold | ₹2,500 + GST | Unlimited lounge access, reward points |
| Axis Magnus | ₹10,000 + GST | Premium travel benefits, accelerated rewards |
| ICICI Sapphiro | ₹3,499 + GST | Dual card (Amex + MC), golf benefits |
Conclusion
The SBI Prime Credit Card is one of the great choice for premium users those who want to spend heavily on travel, entertainment as well as dining. They can get high reward points, lounge access and discounts.
FAQs
Does SBI Prime Credit Card have airport lounge access?
Yes, it offers 8 free domestic lounge accesses per year.
Can I convert purchases into EMIs?
Yes, the card allows No-Cost EMIs on select purchases.
How do I redeem SBI Prime reward points?
You can redeem them via SBI Card Rewards Portal for flights, gift vouchers, or statement credit.
What is the fuel surcharge waiver limit?
You get 1% fuel surcharge waiver (max ₹500 per month).
