KVB SBI Card PRIME – Benefits, Fees & Eligibility

Introduction

The KVB SBI Card PRIME is a premium credit card offering a host of privileges designed to enhance the lifestyle of its users. It provides significant value through a welcome e-gift voucher, accelerated reward points on various spending categories, milestone benefits, and extensive lounge access. The card aims to offer a rewarding experience with features covering dining, travel, utilities, and shopping, coupled with robust security and payment flexibility.

Welcome Benefits

• Welcome e-Gift Voucher worth Rs.3,000 from a selection of brands: Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Shoppers Stop, and Yatra.com.
• An SMS will be sent within 21 days of annual fee payment to choose from the e-Gift Voucher options.
• The chosen e-Gift Voucher will be sent to the registered mobile number/e-mail ID within 5 days of the request.
• Redemption for Bata/Hush Puppies, Pantaloons, Shoppers Stop e-Gift Vouchers can be done by showing the code at the respective brand store.
• Aditya Birla Fashion e-gift vouchers are accepted at Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter brand stores.
• For Yatra.com and Shoppers Stop, the code can be redeemed online at the time of purchase.

Fees

• Joining Fee (one-time): ₹ 2,999 + taxes.
• Renewal Fee (per annum): ₹ 2,999 + taxes from the second year onwards.
• Spend-Based Waiver: Renewal Fee is waived on achieving annual spends of Rs.3 Lakhs.
• Add-on Fee (per annum): NIL.
• Fuel Surcharge: 1% fuel surcharge waiver on transactions ranging from Rs.500 to Rs.4000 across all petrol pumps.
  • Maximum fuel surcharge waiver of Rs.250 per month, per credit card account (plus Taxes as applicable).

Rewards

• PRIME Rewards
  • Earn 20 Reward Points per Rs.100 spent on standing instructions for Utility Bills payments.
  • Earn 10 Reward Points per Rs.100 spent on Dining, Groceries, Departmental stores, and Movies.
  • Earn 2 Reward Points per Rs.100 spent on all other retail spends.
• Milestone Benefits
  • Receive a Pizza Hut e-Gift Voucher worth Rs.1,000 on achieving spends of Rs.50,000 in a calendar quarter.
    • The Pizza Hut e-Gift Voucher will be sent to your registered mobile number within 21 working days of achieving the spend milestone.
  • Receive an e-Gift Voucher worth Rs.7,000 from Yatra.com/Pantaloons on achieving annual spends of Rs.5 Lakhs.
    • An SMS will be sent to choose the e-Gift Voucher option within 21 working days of achieving the spend milestone.
• Lounge Access
  • Enjoy 4 complimentary visits per year to International Priority Pass Lounges outside India (maximum 2 visits per quarter).
  • Enjoy 8 complimentary visits per calendar year to Domestic Lounges in India (maximum 2 visits per quarter).
  • To receive your Priority Pass, call the customer helpline at 1860 180 1290 or 39020202 (prefix local STD code).
  • Domestic lounge access is offered by network partners and is subject to change.
  • Lounge access offers are valid for Primary Cardholders only.
• Birthday Benefit
  • Enjoy 20 Reward Points per Rs. 100 spent on your birthday (this includes one day before, on your birthday, and one day after).
  • Reward points on birthday spends are capped at 2000 Reward points per calendar year.
• Network Privileges (Mastercard Offers)
  • Up to 12% instant discount on hotel bookings worldwide via Agoda.
  • Up to 15% off at Apollo Pharmacy.
  • Up to 15% discount on Room Bookings and Food & Beverage at Lalit Hotels.
• Network Privileges (RuPay Offers)
  • Up to 15% Cashback on Hotels and Flight bookings at MakeMyTrip.
  • Up to 20% off on ZoomCar.
  • Up to 15% off on Shopping at Lifestyle Stores.

Rewards Redemption Guide

• Reward Points can be used to pay your card outstanding, where 4 Reward Points equal Rs.1.
• Welcome e-Gift Vouchers are redeemed either by showing the code at the respective brand store (Bata/Hush Puppies, Pantaloons, Shoppers Stop, Aditya Birla Fashion stores) or online (Yatra, Shoppers Stop).
• Milestone Pizza Hut e-Gift Vouchers are sent directly to your registered mobile number.
• Milestone Yatra.com/Pantaloons e-Gift Vouchers require an SMS selection of the preferred brand before being sent.

Important Product Details

• Welcome Gift: Welcome e-Gift Voucher worth Rs.3,000, offsetting the annual fee.
• Accelerated Rewards: Earn up to 20 Reward Points per Rs.100 on specific categories like utility bills, dining, groceries, departmental stores, and movies.
• Milestone Rewards: Earn additional e-Gift Vouchers from Pizza Hut and Yatra.com/Pantaloons based on annual and quarterly spends.
• Lounge Access: Access to both international Priority Pass Lounges and domestic lounges.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions, capped monthly.
• Insurance Coverage:
  • Complimentary Air Accident Liability Cover of Rs. 50 Lakhs (effective 11 Aug’25).
  • Complimentary credit card Fraud Liability Cover of Rs.1 lakh.
• Global Acceptance: Accepted at over 24 million outlets worldwide, including 3,25,000 outlets in India.
• Contactless Payments: Facilitates fast, convenient, and secure daily purchases by simply waving the card at a secure reader.
• Security Features: Chip and PIN enabled for enhanced security against counterfeiting and skimming.
• Add-on Cards: Option to empower up to 3 family members (parents, spouse, children, or siblings above 18 years of age) with an add-on card at NIL annual fee.
• Emergency Card Replacement: Available globally, with a 24x7 helpline for Mastercard cardholders while traveling abroad.
• Cash on the Go: Withdraw cash from over 1 million Mastercard/RuPay ATMs globally.
• Easy Bill Pay Facility: Pay electricity, telephone, mobile, and other utility bills.
• Flexipay: Convert transactions of Rs. 2,500 or more into easy monthly installments by logging onto sbicard.com within 30 days of purchase.
• Balance Transfer on EMI: Transfer outstanding balances from other bank credit cards to avail a lower interest rate and pay in EMIs by logging onto sbicard.com.

Other Details

• The KVB SBI Card PRIME is a co-brand product, and there may be fee and revenue sharing between SBI Card and its co-brand partner.
• All taxes will be charged as applicable on all fees, interest, and charges.
• The Fraud Liability Cover is valid for a period of 48 hours prior to reporting the loss, to 7 days post reporting the loss.
• Card loss can be reported by calling the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• For timely processing of cheque payments, submit account payee cheques following CTS 2010 standards.
• Continued use of the card implies acceptance of any amendments to the Terms and Conditions.
• Information provided is correct as of the current date and is subject to change at the discretion of SBICPSL.
• Details about the order of payment settlement for cardholder accounts are available via a link on the SBI Card website.