SBI Card PRIME Advantage – Benefits, Fees & Eligibility

Introduction

The SBI Card PRIME Advantage is a premium credit card offering a comprehensive suite of benefits across various categories such as rewards, travel, dining, and lifestyle. Cardholders can enjoy significant savings through welcome e-vouchers, accelerated reward points on everyday spends like utility bills, dining, and groceries, along with milestone benefits that include additional e-vouchers and fee waivers. It also provides extensive lounge access, golf privileges, and robust security features, making it a valuable choice for individuals seeking a rewarding and secure credit card experience.

Welcome Benefits

• Welcome e-gift Voucher worth Rs. 3,000 from any of the following brands: Bata/Hush Puppies, Pantaloons, Shoppers Stop, and Yatra.com.
• You will receive an SMS to choose from e-voucher options within 15 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.
• For Bata/Hush Puppies, Pantaloons, Shoppers Stop, you can redeem your e-Gift Voucher by showing the code at the respective brand store.
• For Yatra and Shoppers Stop, you can redeem the code online at the time of purchase.

Fees

• Annual Fee (one-time): Rs. 2,999
• Renewal Fee (per annum): Rs. 2,999 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 Waiver: 1% fuel surcharge waiver on transaction amounts ranging from Rs. 500 to Rs. 4,000 across all petrol pumps. Maximum surcharge waiver of Rs. 250 per month, per credit card account (Govt. Service Tax extra, as applicable).
• For information regarding other fees and applicable charges, please refer to the Most Important Terms & Conditions.

Rewards

• PRIME Rewards
  • Earn 20 Reward Points per Rs. 100 spent on standing instructions of Utility Bills payments, with a capping of 3,000 Reward Points per month.
  • Earn 10 Reward Points per Rs. 100 spent on Dining, Departmental stores, Grocery & Movie spends.
  • Earn 2 Reward Points per Rs. 100 on all other retail spends, except fuel.
• Milestone Benefits
  • Get Pizza Hut e-Voucher worth Rs. 1,000 on achieving spends of Rs. 50,000 in a calendar quarter. The e-Voucher will be sent to your registered mobile number within 15 days.
  • E-Gift Voucher worth Rs. 7,000 from Yatra.com/Pantaloons on achieving annual spends of Rs. 5 Lakhs. You will receive an SMS to choose the e-Gift Voucher option within 10 days.
  • Waiver of Renewal Fee on annual spends of Rs. 3 Lakhs.
• Lounge Access
  • 4 complimentary visits per year to International Priority Pass Lounges, outside India (maximum 2 visits per quarter).
  • 8 complimentary visits per year to Domestic VISA/Mastercard Lounges in India (maximum 2 visits per quarter).
  • Offer is valid for Primary Cardholders only.
• Birthday Benefit
  • Earn 20 Reward Points per Rs. 100 spent on Birthday (one day before, on birthday, and one day after). Reward points on Birthday spends are capped at 2000 Reward points per calendar year.
• Mastercard Privileges
  • Enjoy 4 rounds of complimentary green fees access and up to 50% off on golf games along with 1 complimentary lesson per month at selected golf courses across India.
  • Enjoy up to 15% discount on best available room rates and up to 15% discount on F&B at Lalit Hotels.
• Visa Privileges
  • Savings of up to 10% on Hertz car rental and up to 35% on Avis Car Rentals.
  • Exclusive benefits across 900 luxury hotels worldwide.
• American Express Privileges
  • American Express Dining Platform: Discover delectable dining offers & enjoy up to 25% discount in your city.
  • Complimentary Tablet plus membership: Access to VIP upgrades and privileges at hotels in India and around the world.

Rewards Redemption Guide

• You can pay your card outstanding with Reward Points.
• The redemption value is 4 Reward Points = Rs. 1.

Important Product Details

• Contactless Advantage
  • Daily purchases are made easy by simply waving your card at a secure reader.
  • Offers fast & convenient transactions, eliminating the need for cash/coins for small ticket purchases.
  • Enhanced security as the card never leaves your hand, reducing the risk of card loss and skimming fraud.
  • The unique security key feature of Visa payWave ensures only one transaction goes through, even if the card is waved multiple times.
• Global Acceptance
  • SBI Card PRIME Advantage is accepted at over 24 million outlets across the globe, including 3,25,000 outlets in India.
• Fraud Liability Cover
  • Get complimentary Air Accident Liability Cover of Rs. 50 lakhs.
  • Get complimentary credit card Fraud Liability Cover of Rs. 1 lakh.
  • This cover is valid for a period of 48 hours prior to reporting of loss, to 7 days post reporting of loss.
• Emergency Card Replacement
  • Get your SBI Card PRIME Advantage replaced anywhere in the world.
  • 24x7 helpline available for emergency card replacement even while travelling abroad.
• Add-on Cards
  • Empower up to 2 members of your family (parents, spouse, children or siblings - above 18 years of age) with an add-on card.
• Cash Access Across the World
  • Withdraw cash from over 1 million Visa ATMs worldwide.
• Safe and Secure
  • Get enhanced security against counterfeiting and skimming with the chip and PIN enabled SBI Card PRIME Advantage.
• Easy Bill Pay Facility
  • Pay your electricity, telephone, mobile, and other utility bills using the Easy Bill Pay facility.
• Flexipay
  • Convert your transactions of Rs. 2,500 or more into easy monthly installments (EMIs).
  • Log onto sbicard.com within 30 days of purchase to convert it into Flexipay.
• Balance Transfer on EMI
  • Transfer the outstanding balance of other banks’ credit cards to your SBI Card PRIME Advantage to avail a lower rate of interest and pay back in EMIs.
  • Log onto sbicard.com with your user ID and password to avail this service.

Other Details

• For assistance, please call SBI Card helpline at: 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• Submit account payee cheques following CTS 2010 standards for timely processing of your cheque payment.
• All taxes would be charged as applicable on all the above Fees, Interest & Charges.
• Your continued use of the card will be deemed acceptance of amendments in all Terms and Conditions.
• All information in this communication is correct as per July 2018 and is subject to change at the discretion of SBICPSL.