Max SBI Card PRIME – Benefits, Fees & Eligibility

Introduction

The Landmark Rewards SBI Card PRIME, issued by SBI Card, is positioned as a premium rewards credit card designed to offer significant value, especially for shoppers at Landmark Stores. It provides generous welcome and milestone reward points, accelerated reward earning rates, comprehensive lounge access benefits including a complimentary Priority Pass Membership, and a fuel surcharge waiver.

Welcome Benefits

• Get 12,000 bonus reward points worth Rs. 3000 upon payment of the annual fees.

Fees

• Joining Fee: Rs. 2,999 + taxes
• Renewal Fee (per annum): Rs. 2,999 + taxes (from the second year onwards)
• Add-on Fee (per annum): Nil
• Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 (exclusive of GST and other charges) at all petrol pumps across India. The maximum waiver is Rs. 250 per statement cycle.
• Priority Pass Usage Fee: Post complimentary visits, a usage fee of $27 + taxes will be charged per visit.

Rewards

• Milestone Benefits:
  • Earn 20,000 bonus Reward Points on overall annual retail spends of Rs. 5,00,000.
• Reward Earning Rates:
  • Earn 25 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max, Spar, Baby Shop, and EasyBuy).
  • Earn 10 Reward points per Rs. 100 spent on Dining, Movies & International Spends.
  • Earn 2 Reward Points per Rs. 100 spent on other retail purchases (excluding Fuel, Rental, Govt Spends, Gaming, Wallet, EMI).
• Reward Point Value: 4 Reward Points = Rs. 1.
• Lounge Benefits:
  • Receive 8 complimentary Domestic Airport Lounge visits per year (maximum of 2 per quarter).
  • Get a complimentary Priority Pass Membership worth USD 99.
  • Enjoy 4 complimentary international visits per year (maximum of 2 visits per quarter) with the Priority Pass Membership.
• Other Benefits:
  • Contactless Advantage: Tap & Pay for effortless, fast, and convenient everyday payments. Transactions are secure, with Visa PayWave ensuring only one transaction is processed even if the card is tapped multiple times.
  • Global Acceptance: The card is accepted at over 24 million outlets globally, including 3,25,000 outlets in India.
  • Cash Access: Withdraw cash from over 1 million ATMs across the globe.
  • Flexipay EMI: Convert eligible purchases of Rs. 2,500 or more into easy monthly EMIs.
  • Add-on Cards: Empower family members (parents, spouse, children, or siblings above 18) with add-on cards.
  • Easy Bill Pay Facility: Pay electricity, telephone, mobile, and other utility bills using this facility.
  • Balance Transfer on EMI: Transfer outstanding balances from other banks’ credit cards to your Landmark Rewards SBI Card PRIME at a lower interest rate and repay in easy EMIs.

Rewards Redemption Guide

• Redeem Reward Points instantly at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores.

Important Product Details

• A premium rewards card offering substantial benefits for frequent shoppers at Landmark Stores.
• Provides a high reward rate of 25 points per Rs. 100 spent at specific Landmark outlets.
• Includes significant travel benefits with 8 complimentary domestic lounge visits and a complimentary Priority Pass Membership with 4 international visits.
• Offers a valuable milestone benefit of 20,000 bonus reward points on annual retail spends of Rs. 5,00,000.
• The annual fee of Rs. 2,999 + taxes is offset by welcome benefits worth Rs. 3,000.
• Features like contactless payments, global acceptance, cash access, Flexipay EMI, add-on cards, easy bill pay, and balance transfer on EMI enhance its utility.

Other Details

• All applicable taxes would be charged on all fees, interest, and charges.
• The value proposition of this co-brand product may be jointly funded by SBI Card and the co-brand partner based on their financial arrangement, which may involve fee and revenue sharing.
• Continued use of the card will be deemed acceptance of amendments in all Terms and Conditions.
• For assistance, contact the SBI Card Helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• All information provided was correct as per July 2018 and is subject to change at the discretion of SBICPSL.
• Any disputes arising between the Cardholder and SBICPSL shall be subject to arbitration by a sole arbitrator appointed by SBICPSL. The arbitration proceedings will be conducted as per the Arbitration and Conciliation Act, 1996, in New Delhi, and the language of arbitration will be English.
• SBICPSL may engage agents and/or third parties for marketing, sales, or other related services for its products.
• The card can be used internationally at over 24 million outlets and for cash withdrawals from over 1 million ATMs across the globe.
• Application for the card can be done via the SBI Card website (sbicard.com), Chatbot ILA, SBI Card Helpline, or the nearest SBI branch.
• Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted for payment.
• Refer to the Digital Membership Kit, Order of Payment Settlement, Most Important Terms & Conditions, and Terms & Conditions documents for detailed information.
• FAQs and a list of merchants enabled for contactless transactions are available.