Karur Vysya Bank - SBI Platinum Credit Card – Benefits, Fees & Eligibility

Introduction

The Karur Vysya Bank - SBI Platinum Credit Card, issued by SBI Card in partnership with Karur Vysya Bank, is a premium offering designed to provide extensive privileges across various categories. Key differentiating benefits include a substantial welcome e-Gift Voucher, accelerated reward points on all spending, complimentary domestic and international airport lounge access, and valuable spend-based rewards.

Welcome Benefits

• Receive a welcome e-Gift Voucher worth Rs. 3,000.
• Voucher options include brands like Bata/Hush Puppies, Aditya Birla Fashion, Westside, Shoppers Stop, and Yatra.com.
• An SMS will be sent to choose from e-Voucher options within 21 working days of annual fees payment.
• The e-Voucher will be sent to your registered mobile number/e-mail ID within 5 days of the request.
• Redeem e-Gift Vouchers by presenting the code at participating brand stores (Bata/Hush Puppies, Westside, Aditya Birla Fashion, Shoppers Stop) or online (Yatra, Shoppers Stop).
• Aditya Birla Fashion e-gift vouchers are accepted at Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter brand stores.

Fees

• Joining Fee: Rs. 2,999 + Taxes (one-time).
• Renewal Fee: Rs. 2,999 + Taxes (per annum).
• Add-on Fee: Nil (per annum).
• Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000.
• Maximum Fuel Surcharge Waiver: A maximum waiver of Rs. 250 can be availed per statement cycle per Karur Vysya Bank - SBI Platinum Credit Card account.
• International Lounge Program Usage Fee: A usage fee of $27 + taxes will be charged to your card every time you visit an airport lounge using the Priority Pass.
• For information regarding other fees and applicable charges, refer to the Most Important Terms & Conditions.

Rewards

• Accelerated Reward Points:
  • Earn 2 Reward points for every Rs. 100 spent on all other categories.
  • You can earn up to 7,500 Reward points in a month. After reaching this capping limit, 2 Reward Points for every Rs. 100 spent will continue to accrue as per the card policy.
• Spend Rewards:
  • Receive e-Gift Vouchers worth Rs. 3,000 on annual spending of Rs. 4 lakhs and Rs. 5 lakhs, each.
  • Voucher options include brands like Yatra, Hush Puppies/Bata, Aditya Birla Fashion, Westside, and Shoppers Stop.
  • The e-Gift Voucher code will be sent to your registered mobile number within 21 working days of receipt of the request.
  • Redeem e-Gift Vouchers by presenting the code at participating brand stores (Bata/Hush Puppies, Westside, Aditya Birla Fashion, Shoppers Stop) or online (Yatra, Shoppers Stop).
  • Aditya Birla Fashion e-gift vouchers are accepted at Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter brand stores.
• Domestic Lounge Program:
  • Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India.
  • To avail the offer, use your Karur Vysya Bank - SBI Platinum Credit Card at the respective lounges.
  • This offer is provided by Visa and is for a limited period only.
• International Lounge Program:
  • Receive complimentary membership to the Priority Pass Program, valued at $99.
  • Access over 1000 Airport Lounges worldwide.
  • A usage fee of $27 + taxes will be charged to your card every time you visit an airport lounge.
  • Only Primary Cardholders are eligible for Priority Pass, and the complimentary membership is valid for 2 years only.
• Complimentary ITC Silver Tier Membership:
  • Enjoy a complimentary 1-year Club ITC Silver Tier Membership.
  • Only eligible cards sourced from 1st September 2025 will qualify for this offer.
  • Cardholders will be eligible for membership after their first transaction within 60 days of card issuance.
  • Details to activate membership will be shared within 15 days of the transaction.
  • Within 7 working days of successful registration, cardholders will receive confirmation and login details from ITC Hotels Limited on their registered email ID to access the portal/ITC Hotels app.
• Renewal Gift:
  • Get e-vouchers worth Rs. 3,000 as a renewal gift on crossing spends of Rs. 2 lakhs in the previous year.
  • You can redeem the voucher with any of the following brand partners: Yatra, Hush Puppies/Bata, Aditya Birla Fashion, Westside, and Shoppers Stop.
  • The e-Gift Voucher code will be sent to your registered mobile number within 21 working days of receipt of the request.
• Golf Privileges:
  • Enjoy access to more than 300 golf courses across the world.
  • Get a 30% discount on the green fee.
• Fuel Surcharge Waiver:
  • Get freedom from paying the 1% fuel surcharge on every transaction of Rs. 500 to Rs. 4,000.
  • A maximum surcharge waiver of Rs. 250 can be availed per statement cycle.

Rewards Redemption Guide

• Reward Points can be redeemed against the outstanding amount on your SBI Card or exchanged for exciting items from the Rewards Catalogue.
• e-Gift Vouchers received as welcome, spend, or renewal rewards can be redeemed by showing the code at the respective brand stores or online at the time of purchase for partners like Yatra and Shoppers Stop.

Important Product Details

• Welcome e-Gift Voucher worth Rs. 3,000.
• Earn 2 Reward points for every Rs. 100 spent on all other categories, with a monthly cap of 7,500 points.
• Spend rewards of Rs. 3,000 e-Gift Vouchers on annual spending of Rs. 4 lakhs and Rs. 5 lakhs each.
• 2 complimentary Domestic Airport Lounge visits every quarter.
• Complimentary Priority Pass membership for international lounge access, with a usage fee of $27 + taxes per visit.
• Complimentary 1-year Club ITC Silver Tier Membership (for cards sourced from 1st September 2025).
• Renewal gift of Rs. 3,000 e-vouchers on spending Rs. 2 lakhs in the previous year.
• Access to over 300 golf courses worldwide with a 30% discount on green fees.
• 1% fuel surcharge waiver (max Rs. 250/month) on transactions between Rs. 500 and Rs. 4,000.
• Annual Fee: Rs. 2,999 + Taxes.
• Renewal Fee: Rs. 2,999 + Taxes.
• Add-on card fee: Nil.
• Complimentary credit card Fraud Liability Cover of Rs. 1 lakh.
• Global acceptance at over 2 million Visa outlets worldwide and over 2,85,000 outlets in India.

Other Details

• To apply for the Karur Vysya Bank - SBI Platinum Credit Card, visit the nearest Karur Vysya Bank branch.
• Cash on the Go: Withdraw cash anytime from over 1 million Visa ATMs worldwide.
• Easy Bill Pay Facility at Zero Charge: Never miss due dates for electricity, insurance, telephone, and other utility bills with the Easy Bill Pay facility. Standing instructions can be set up for SBI Card Auto Bill Pay.
• Flexipay: Convert any purchase worth Rs. 2,500 or more into easy monthly installments by logging onto sbicard.com within 30 days of the transaction.
• Fraud Liability Cover: Get complimentary credit card Fraud Liability Cover of Rs. 1 lakh. This cover is liable for a period of 48 hours prior to reporting of loss, to 7 days post reporting of loss. To report loss and initiate a claim, call the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• Balance Transfer on EMI: Transfer the outstanding balance from other bank's credit cards to your Karur Vysya Bank - SBI Platinum Credit Card to avail a lower rate of interest and pay back in easy EMIs. This service can be availed by logging onto sbicard.com.
• Online Railway Tickets Booking: Book railway tickets online on irctc.co.in and make payments through your Karur Vysya Bank - SBI Platinum Credit Card at payment gateways that accept a Visa Card.
• Global Acceptance: The Karur Vysya Bank - SBI Platinum Credit Card is an international credit card accepted at over 2 million Visa outlets worldwide and over 2,85,000 outlets in India.
• Empower your Family: Apply for add-on cards for your spouse, children, parents, and siblings who are over 18 years of age.
• Emergency Card Replacement: Get your Karur Vysya Bank - SBI Platinum Credit Card replaced anywhere in the world. A 24x7 helpline is available for emergency card replacement even while travelling abroad. In case your card is lost in India, call 39 02 02 02 (prefix local STD code) or 1860 180 1290.
• Order of Payment Settlement: All payments made for a cardholder account will be settled in the order mentioned on the SBI Card website.
• Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted.
• All applicable taxes would be charged on all Fees, Interest & Charges.
• This is a co-brand product, and there may be fee and revenue sharing between SBI Card and the co-brand partner.
• Your continued use of the card will be deemed acceptance of any amendments to the terms and conditions.
• For assistance, call the SBI Card helpline at 1860 180 1262 or 39 02 02 02 (prefix local STD code) or 1860 180 1290.
• All information is subject to change at the discretion of SBICPSL.
• The Most Important Terms & Conditions are available on sbicard.com.