Max SBI Card PRIME – Benefits, Fees & Eligibility

Introduction

The Max SBI Card PRIME is designed to offer extensive privileges, particularly for shopping enthusiasts, with a focus on Landmark Stores. Cardholders can enjoy a generous welcome bonus, accelerated reward points on various spending categories including online and retail purchases at Landmark Stores, dining, and movies, along with significant milestone benefits. The card also provides travel perks such as complimentary domestic and international airport lounge access, coupled with a fuel surcharge waiver and the flexibility of converting transactions into easy monthly installments.

Welcome Benefits

• Get 12,000 bonus reward points, equivalent to INR 3,000, upon payment of the annual fees.
• Reward Points will be credited to the cardholder's account within 30 days of annual fee payment.

Fees

• Annual Fee (one-time): Rs. 2999 + GST
• Renewal Fee (per annum): Rs. 2999 + GST
• Add-on Fee (per annum): Nil
• Fuel Surcharge Waiver:
  • Enjoy a 1% fuel surcharge waiver across all petrol pumps in India.
  • Applicable on transactions between Rs. 500 and Rs. 4,000, exclusive of GST and other charges.
  • Maximum surcharge waiver of Rs. 250 per statement cycle per credit card account.
• Priority Pass Usage Charges: Usage beyond the complimentary visits will incur a charge of USD 27 plus applicable taxes.

Rewards

• Reward Point Earning Structure:
  • Earn 15 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max, and Spar).
  • Earn 10 Reward Points on every Rs. 100 spent on Dining & Movies.
  • Earn 2 Reward Points per Rs. 100 spent on other retail purchases (excluding fuel).
• Reward Point Value: 4 Reward Points = Rs. 1.
• Milestone Benefits:
  • Cumulative milestone benefit up to 58,000 Reward Points, worth Rs. 14,500.
  • Earn 6,000 bonus Reward Points on annual spends of Rs. 40,000 across all Landmark Stores.
  • Earn 12,000 bonus Reward Points on annual spends of Rs. 100,000 across all Landmark Stores.
  • Earn 20,000 bonus Reward Points on annual spends of Rs. 180,000 across all Landmark Stores.
  • Earn an additional 20,000 bonus Reward Points on overall annual retail spends of Rs. 500,000.
• Renewal Benefit: Get 12,000 Reward points worth Rs. 3,000 on payment of renewal fees.
• Domestic Airport Lounge Access:
  • Enjoy 8 complimentary visits per year to Domestic Airport lounges.
  • Limited to a maximum of 2 complimentary visits per quarter.
  • Unutilized access will lapse at the end of the quarter and cannot be carried forward.
  • Access beyond complimentary visits will be charged as per regular lounge rates.
  • Any accompanying guests (including children) will be subject to a charge at the time of entry.
• International Airport Lounge Access:
  • Receive complimentary Priority Pass membership, valued at USD 99.
  • Includes 4 complimentary visits per year to international lounges, limited to 2 visits per quarter.
  • The standard membership of the Priority Pass program is complimentary for the entire duration of the product.

Rewards Redemption Guide

• Redeem your Reward Points instantly at Lifestyle, Home Centre, Spar, and Max stores.
• The conversion rate for SBI Card Reward Points is 4 Reward Points = Rs. 1.
• 1 LMR (Landmark Reward) = 2.4 SBI Card Reward Points.

Important Product Details

• Contactless Advantage:
  • Facilitates easy daily purchases by simply waving the card at a secure reader.
  • Offers fast and convenient transactions, eliminating the need to hand over the card or use cash/coins for small purchases.
  • Ensures security as the card remains in your hand, reducing the risk of card loss and skimming.
  • The unique security key feature of Visa payWave ensures only one transaction goes through, even if the card is waved multiple times.
• Worldwide Acceptance: The Max SBI Card PRIME can be used at over 24 million outlets globally, including 3,25,000 outlets in India, wherever Visa is accepted.
• Flexipay: Convert any purchase of Rs. 2,500 or more into easy monthly installments by logging onto sbicard.com within 30 days of the transaction.
• Add-on Cards: Empower your family members (parents, spouse, children, or siblings above 18 years of age) with add-on cards.
• Cash on the Go: Withdraw cash from over 1 million Visa ATMs across the globe.
• Utility Bill Payment Facility: Pay electricity, telephone, mobile, and other utility bills conveniently using the Easy Bill Pay facility.
• Balance Transfer on EMI: Save money on credit card dues by transferring outstanding balances from other banks' credit cards to your Max SBI Card PRIME, availing a lower interest rate and paying back in EMIs. This service is accessible via sbicard.com.

Other Details

• Detailed Terms and Conditions and Usage Directions are available via a provided link.
• FAQs for Contactless transactions and a list of merchants enabled for these transactions are available via provided links.
• Information regarding the order of payment settlement for a cardholder account is available via a link.
• Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted.
• All applicable taxes will be charged on fees, interest, and other charges.
• The value proposition of this co-brand product may be jointly funded by SBI Card and the co-brand partner, potentially involving fee and revenue sharing.
• For assistance, cardholders can call the SBI Card helpline at 39 02 02 02 (prefix local STD code) or 1860 180 1290.
• All information provided is correct as per July 2018 and is subject to change at the discretion of SBICPSL.
• The Most Important Terms and Conditions for SBI Card are available on www.sbicard.com.