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SBI Prime Card Benefits and Features

As discussed earlier, the Prime card comes with some world-class benefits in various categories, including dining, movies, travel, shopping, golf, and many more. Other than all these categories, this card provides exclusive welcome and milestone benefits as well. Let’s now understand the benefits and the features of the SBI card prime in detail:

Welcome Benefits

Enjoy a shopping/travel gift voucher (worth ₹3,000) from any of these brands- Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Yatra, and Shoppers Stop.

Milestone Benefits

• Pizza Hut e-voucher worth ₹1,000 on a quarterly expenditure of ₹50,000.
• E-voucher worth ₹7,000 from Yatra or Pantaloons on an annual expenditure of ₹5 lakh.
• The membership renewal fee is waived on an annual expenditure of ₹3 lakhs.

Travel Benefits

• Complimentary domestic and international airport lounge visits.
• Up to 15% discount on the finest available room rates at Lalit and F&B hotels (only available for MasterCard variant).
• Get up to 10% off on Hertz car rental and up to 35% off on Avis Car Rentals (for Visa card variant only).
• Enjoy exclusive benefits across 900 luxurious hotels. (only for the Visa variant).
• Complimentary Tablet Plus membership offers access to VIP upgrades and benefits at hotels in India and abroad (only for the American Express variant).

Airport Lounge Access

• 2 complimentary access to domestic airport lounges (per quarter) by MasterCard/Visa/American Express.
• 4 complimentary international airport lounge access annually (max 2 per quarter) through Priority Pass membership.

Dining and Movie Benefits

• 5X Reward Points (10 Reward Points per ₹100) on movie spends.
• Get up to 25% discount at partner restaurants as a dining benefit (only with the American Express variant).

Golf Benefits

The following are the golf benefits that you can enjoy with the Mastercard variant:

• 4 rounds of complimentary green fees.
• Up to 50% discount on golf games.
• 1 complimentary golf lesson per month.

Insurance Benefits

• Complimentary air accident liability cover worth ₹50 lakh.
• Fraud liability cover worth ₹1 lakh is applicable from 48 hours prior to 7 days after reporting the loss of the card to the bank.

Zero Liability Protection

The SBI Card provides zero liability protection to its credit cardholders. According to this policy, the cardholder is not responsible for any unauthorized/fraudulent purchases made on a misplaced/stolen card if the loss is reported to the bank in a timely manner.

SBI Prime Card Rewards Benefits

• 10 Reward Points for every ₹100 spent on dining, movies, groceries, and departmental store spends.
• 2 Reward Points for every ₹100 spent on all other retail spends with the card.
• 20 Reward Points every time you spend ₹100 on a birthday (Reward Points on Birthday spends (one day before, on the birthday, and one day after the birthday) is capped at 2,000 Reward points per calendar year)

Reward Points Redemption

Following are the redemption options for the Reward points earned with the card:

• Gift vouchers are available on SBI Card or through the SBI mobile app.
• Settling the card’s outstanding balance.
• 1 Reward Point = ₹0.25.

SBI Card Prime Fees & Charges

Checking all the fees & charges applicable to a credit card is an essential step to be followed while choosing the right credit card. Different credit cards come with different fee structures, which include annual fees, interest rates, forex markup fees, cash advance charges, and many more. The fees & charges of the SBI Card Prime are as follows:

• The joining & renewal fee for the SBI Card Prime is ₹2,999 (plus applicable taxes). You can’t get the joining fee waived, but the renewal fee of ₹2,999 can be waived on spending ₹3 lakhs or more in the last year.
• If the cardholder is not able to settle the outstanding bill before the due date, interest charges of 3.5% per month (42% annually) will be charged on the due amount.
• The cash advance fee on the SBI Card Prime is 2.5% of the cash amount withdrawn, subject to a minimum of ₹500. This fee is applicable whenever you withdraw cash using SBI Card Prime.
• The card charges 3.5% of the transaction amount as foreign currency markup for purchases made in a different currency.

SBI Card Prime Eligibility

Every card comes with eligibility criteria that a person has to fulfill. These criteria revolve around the person’s age, income, and credit history. Similarly, SBI Card Prime also has its own eligibility criteria, which are as mentioned below:

How to Apply For SBI Card Prime?

Like every other major card issuer, SBI Card also provides its customers with several ways to apply for an SBI Credit Card. SBI offers both online and offline ways to apply for the Prime card. If you want to apply offline, simply visit the nearest SBI branch and fill out the application form. Ensure you keep all the required documents with you, including proof of identity, address, and income. If you want to apply for the SBI Prime Card online, follow the steps mentioned below:

• Click on ‘Apply Now’ on your screen.
• Proceed further to fill in the online application form and upload all the required documents.
• Review your application once and submit it.

SBI Card Prime Application Status

If one has applied for a Prime card and wants to check the status of your card, simply go with any method given below:

• The easiest way to find out your SBI Prime card application status is to call SBI Card customer care and ask them about it.
• To check your application status online, visit the SBI Card’s official website and click on the option ‘Credit Cards.’ Scroll down to find the option ‘Track Application. ‘ Click on that, fill in the required details, and proceed. Your application’s status will be visible in seconds.
• If you don’t prefer either of these methods, visit your closest branch and ask the branch executives about your credit card application status.

SBI Prime Credit Card Limit

The credit limit on the SBI Card Prime may differ for different customers. No fixed range of credit limit is provided with this card, but it totally depends on the past payment behavior and credit history of an individual. You may get a lower credit limit initially, but if you keep using your Prime card regularly with no payment defaults and low credit utilization, there is a high chance that your card issuer will provide a card with a higher limit. If you feel that your SBI Prime Card’s credit limit is insufficient, you can request that your card issuer increase your credit limit. To do this, you can contact SBI Card customer care, or you can visit the nearest branch in your area. But, make sure that you are using your credit card responsibly so that your card issuer may believe you and improve your credit limit.

SBI Card Prime Bill Payment

Making your SBI Prime Credit Card bill payment is important in order to maintain a good credit score and avoid debt consolidation. To pay credit card bills always on time, you must be aware of multiple methods for bill payment so that you can go with the second method if your primary method doesn’t work for some reason. Following are a few easy ways to make your SBI Prime Card Bill Payment:

• You can pay your SBI Card bill via the YONO app. To do so, you will have to register yourself on the app and link your credit card. After that, you can easily make your credit card bill payment by clicking on the ‘Pay’ option under the section ‘My Credit Cards.’
• The SBI Card Billdesk is another simple way to pay your SBI Prime Card bill. Just enter a few details like your card number, email address, mobile number, amount to be paid, etc, and make the transaction.
• You can also pay the bill via an SBI ATM nearest to you. Just look for an option to pay your credit card bill in the main menu.
• If you are someone who doesn’t believe in online methods, you can either leave a cheque at an ATM Dropbox with your card number and other details, or you can visit your nearest SBI branch and pay the bill manually via cash.

SBI Prime Credit Card Customer Care

• If you want to contact customer care regarding any query/doubt related to your SBI Card Prime, you can call any of these numbers: 1800 180 1290 (toll-free), 1860 500 1290, 1860 180 1290, or 39 02 02 02 (add your local STD as prefix).
• If you want to elaborate your query/complaint via email, you can write and send the mail to [email protected] with all your details like credit card number, registered mobile number, your name, etc.
• If you are a social media person, you can also contact SBI Card customer care via Twitter on @SBICard_Connect.

How To Block SBI Prime Credit Card?

The following are different ways in which you can get your card blocked immediately in emergency situations. For example, if your card is lost, you should try to clock it as soon as possible so that no one can use it for their benefit.

• The simplest and easiest way to get your SBI Card Prime blocked is to send SMS BLOCK XXXX to 5676791, where XXXX denotes the last 4 digits of the credit card number that you hold.
• Another way to block your SBI card Prime is by contacting customer care at SBI credit card.
• You can also block your card through net banking. Log in to the net banking account and look for an option to block the card under the ‘Request’ tab.

Compare Other Cards To SBI Prime Credit Card

Pros and Cons of SBI Prime Credit Card

All the advantages as well as disadvantages of the SBI Prime Credit Card are as follows:

Advantages

• The card is suitable for frequent travelers as it offers complimentary domestic as well as international lounge access.
• The annual fee of ₹2,999 is waived upon achieving the required minimum spend.
• As the card offers exciting privileges across different lifestyle categories, such as dining, entertainment, golf, etc, it is a great option for those who love to spend on lifestyle-related categories.

Disadvantages

• The card might not be a suitable choice for those who are not ready to pay an annual fee of ₹2,999.
• The basic reward rate (2 RPs on every spend of ₹100) could be better.

Is This The Right Card For You?

The answer to this question totally depends on your spending behavior and the requirements that you expect to be fulfilled with a credit card. The SBI Card Prime is a premium-level card offered by the bank and comes with exciting benefits over almost all categories. From reward points to travel, dining, and golf, you can enjoy exclusive privileges everywhere you use this card. But, all this will be worth it only if you really need all these benefits. The first thing that an individual should do is to understand their spending habits and consider the categories where they spend the most. Then, mix and match your requirements and all the features & benefits of this credit card, and check whether it suits your needs or not. If these are all the benefits you were looking for, then yes, this is the right credit card for you.

SBI Prime Credit Card Review

SBI Card Prime can be considered a toned-down version of the SBI ELITE Card. It is suitable for individuals for whom shopping and travel expenses account for a significant portion of their total monthly spending but who want to avoid paying a very high annual membership fee. SBI Card Prime offers decent benefits and reward rates, considering its annual fee of ₹2,999. Please share your views on the SBI Prime card, and if you already use the card, share your experience with it so that others can benefit from it, too.