SBI Prime Credit Card – Benefits, Fees & Eligibility

Introduction

The SBI Prime Credit Card is a premium lifestyle credit card issued by SBI Card, positioned as a valuable option for individuals who frequently spend on shopping and travel but prefer a lower annual fee compared to higher-tier cards like the SBI ELITE Credit Card. This card offers a range of value-added benefits, including complimentary domestic and international airport lounge access, attractive welcome vouchers, and accelerated reward points on popular spending categories like dining, groceries, and departmental stores. It also provides milestone benefits and various network-specific privileges, making it a comprehensive choice for a rewarding lifestyle.

Welcome Benefits

• Welcome e-Gift voucher worth ₹3,000.
• Choose from an array of travel and lifestyle brands: Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion, and Shoppers Stop.

Fees

• Joining Fee: ₹2,999 + GST
• Annual Fee: ₹2,999 + GST
• Renewal Fee: ₹2,999 + GST (from the second year onwards)
• Spend-Based Waiver: The renewal fee is waived off if a minimum of ₹3 lakhs was spent in the previous year.
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5% + GST
• Interest Rates: 3.75% Per Month (45% Per Annum)
• Fuel Surcharge Waiver: 1% fuel surcharge waiver applicable on every fuel transaction between ₹500 to ₹4,000. The maximum waiver is capped at ₹250 in a month.
• Cash Advance Charges: 2.5% of the amount withdrawn or ₹500, whichever is higher.
• Add-on Card Fee: Nil.

Rewards

• Reward Rate
  • 10 Reward Points for every ₹100 spent on dining, movies, groceries, and departmental store purchases (effective Reward Rate ~2.5%).
  • 2 Reward Points for every ₹100 spent on all other eligible retail spends, except fuel (effective Reward Rate ~0.5%).
  • 20 Reward Points for every ₹100 spent on birthday (valid one day before, on, and one day after your birthday), capped at 2,000 Reward Points per calendar year.
  • 20 Reward Points on utility bill payment standing instructions. After earning 3,000 points, earn 2 Reward Points for every ₹100 spent.
• Milestone Benefits
  • A gift voucher worth ₹7,000 from Yatra or Pantaloons on annual spends of ₹5 lakhs or more.
  • A Pizza Hut e-voucher worth ₹1,000 on spending ₹50,000 in a calendar quarter.
• Travel & Lounge Access
  • Complimentary Club ITC Silver Membership for cardholders who received their cards on or after 1st September 2025, offering discounts and benefits at ITC Hotels, and additional discounts on dining and food orders.
  • 8 complimentary domestic airport lounge visits per annum (maximum 2 visits per quarter).
  • 4 complimentary international airport lounge access every year with Priority Pass Membership (maximum 2 visits per quarter).
  • Complimentary membership to Priority Pass Program worth 99. Beyond the 4 complimentary visits, a usage fee of 27 applies per visit.
• Golf Benefits
  • Complimentary Golf Rounds and Lessons are available with Mastercard and RuPay SELECT variants.
  • Mastercard variant offers 4 rounds of complimentary green fees, up to 50% discount on golf games, and 1 complimentary golf lesson per month at selected golf courses across India.
  • RuPay SELECT variant offers spa vouchers, golf lessons, and complimentary memberships to popular OTT platforms.
• Insurance Benefits
  • Fraud Liability Cover Worth ₹1 Lakh, applicable from 48 hours prior to 7 days after reporting the loss of the card to the bank.
  • Complimentary air accident liability cover of ₹50 lakhs.
• Network Privileges
  • Visa variant: Enjoy exclusive benefits across 900 luxury hotels worldwide and access Visa Concierge support.
  • American Express variant: Offers exclusive global benefits and experiences, including up to ₹600 instant discount at Swiggy, Zomato, and Blinkit, and up to 25% discount at more than 500+ restaurants.
  • RuPay SELECT variant: Can be linked to various UPI platforms for easy and convenient payments, and cardholders are eligible for base reward earnings on those transactions.
• Other Features & Benefits
  • Contactless Advantage: Tap & Pay for effortless, fast, convenient, and secure everyday payments.
  • Global Acceptance: Accepted in over 24 million outlets globally, including 3,25,000 in India.
  • Cash Access Across the World: Withdraw cash from over 1 million Visa, Mastercard, and American Express ATMs across the globe.
  • Flexipay: Convert eligible purchases of ₹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.
  • Balance Transfer on EMI: Transfer outstanding balances of other banks’ credit cards to SBI Card Prime at a lower interest rate and repay in easy EMIs.
  • Utility Bill Payment Facility: Pay electricity, telephone, mobile, and other utility bills using the Easy Bill Pay facility.
  • Safe and Secure: The card is chip and PIN enabled, providing enhanced security against counterfeiting and skimming.

Rewards Redemption Guide

• Reward Points can be redeemed for Gift Vouchers available on SBI Card or through the SBI mobile app.
• Reward Points can be used for settling the card’s outstanding balance (statement credit).
• 1 Reward Point is valued at ₹0.25 (or 4 Reward Points = ₹1).

Card Review

The SBI Prime Credit Card is a premium-level offering from SBI Card, suitable for individuals who allocate a significant portion of their monthly expenses to shopping and travel, and desire a comprehensive benefits package without the very high annual membership fee of top-tier cards. It provides decent benefits and reward rates, making its annual fee of ₹2,999 + GST justifiable for the right user.

Pros

• Provides eight complimentary visits to domestic lounges and four to international terminals, making it suitable for frequent travelers.
• Offers an attractive welcome benefit of gift vouchers worth ₹3,000 from popular brands.
• The annual renewal fee can be waived upon achieving a minimum spend of ₹3 lakhs.
• Offers exciting privileges across various lifestyle categories, including dining, entertainment, and golf.
• Available in four variants: Mastercard, RuPay, American Express, and VISA, each offering exclusive network benefits.

Cons

• The card might not be a suitable choice for those who are not ready to pay an annual fee of ₹2,999.
• The basic reward rate of 2 Reward Points on every ₹100 spent on non-accelerated categories could be better.

Important Product Details

• Welcome e-Gift voucher worth ₹3,000 upon card issuance.
• Earn 10 Reward Points for every ₹100 spent on dining, movies, groceries, and departmental store purchases.
• Earn 2 Reward Points for every ₹100 spent on other retail spends.
• Receive a gift voucher worth ₹7,000 on annual spends of ₹5 lakhs or more.
• Get a Pizza Hut e-voucher worth ₹1,000 on spending ₹50,000 in a calendar quarter.
• Enjoy 4 complimentary international airport lounge access every year (max 2 per quarter) through Priority Pass.
• Benefit from 8 complimentary domestic airport lounge access every year (max 2 in a quarter).
• Exclusive benefits are available at several luxurious hotels for the Visa variant.
• Earn 20 Reward Points for every ₹100 spent on your birthday, with a maximum cap of 2,000 Reward Points on birthday spends per calendar year.
• The renewal fee is waived off if a minimum of ₹3 lakhs is spent in the previous year.
• Includes Fraud Liability Cover Worth ₹1 Lakh.
• High interest rate of 3.75% per month (45% per annum) applies to outstanding balances.
• A Rewards Redemption Fee of ₹99 + GST is charged.
• A Foreign Currency Markup of 3.5% + GST is applicable on international transactions.
• Cash Advance Charges are 2.5% of the amount withdrawn or ₹500, whichever is higher.

Other Details

• The SBI Prime Credit Card is issued in four variants: Mastercard, RuPay, American Express, and VISA, with each payment network providing some exclusive benefits.
• Accelerated Reward Points are capped at 7,500 RPs per calendar month.
• For detailed Terms & Conditions regarding the Club ITC Silver Tier Membership, refer to the provided link on the bank's website.
• The card can be used internationally; ensure international transactions are enabled through internet banking.
• A secured card variant named 'Advantage' is also available.
• For comprehensive information regarding fees and other applicable charges, cardholders should refer to the Most Important Terms & Conditions document.
• Digital Membership Kit, Order of Payment Settlement, Most Important Terms & Conditions, and general Terms & Conditions documents are available for reference.