South Indian Bank SBI Platinum Credit Card – Benefits, Fees & Eligibility

Introduction

The South Indian Bank SBI Platinum Credit Card offers a comprehensive suite of privileges designed for a premium lifestyle. Cardholders can enjoy benefits ranging from valuable welcome and spend-based e-gift vouchers to accelerated reward points, complimentary domestic and international lounge access, golf privileges, and essential insurance covers. It provides global acceptance and various online and offline facilities for managing the card and payments.

Welcome Benefits

• Welcome e-Gift Voucher worth ₹3,000 from brands such as Bata/Hush Puppies, Aditya Birla Fashion, Westside, Shoppers Stop, and Yatra.com.
• An SMS will be sent within 21 days of annual fees payment to choose e-Voucher options.
• The chosen e-Voucher will be sent to the registered mobile number/e-mail ID within 5 days of the request.
• Redemption Guide for Welcome e-Gift Voucher:
  • Redeem by showing the code at Bata/Hush Puppies, Westside, Aditya Birla Fashion, and Shoppers Stop brand stores.
  • Redeem online for Yatra and Shoppers Stop purchases.
  • Aditya Birla Fashion e-gift vouchers are accepted at Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter brand stores.

Fees

• Annual Fee (one-time): ₹2,999 + Taxes
• Renewal Fee (per annum): ₹2,999 + Taxes
• Add-on Fee (per annum): Nil
• International Lounge Program Usage Fee: $27 + Taxes per visit (charged to your card)
• Fuel Surcharge Waiver: 1% waiver on transactions between ₹500 and ₹4,000.
  • A maximum surcharge waiver of ₹250 can be availed per statement cycle per South Indian Bank SBI Platinum Credit Card account.
• All taxes would be charged as applicable on all fees, interest, and charges.
• For information regarding other fees and applicable charges, refer to the Most Important Terms & Conditions.
• This is a co-brand product, and there may be fee and revenue sharing between SBI Card and the co-brand partner.

Rewards

• Accelerated Reward Points:
  • Earn 2 reward points for every ₹100 spent on all other categories.
  • You can earn up to 7,500 Reward points in a month. After reaching this capping limit, 2 Reward Points for every ₹100 spent will continue to accrue as per card policy.
• Spend Rewards:
  • Get e-Gift Vouchers worth ₹3,000 on annual spending of ₹4 lakhs and ₹5 lakhs, each.
  • Voucher brands include Yatra, Hush Puppies/Bata, Aditya Birla Fashion, Westside, and Shoppers Stop.
  • The e-Gift Voucher code will be sent to your registered mobile number within 21 working days of receipt of the request.
  • Redemption Guide for Spend Rewards e-Gift Voucher: Same as Welcome e-Gift Voucher redemption details.
• Renewal Gift:
  • Get vouchers worth ₹3,000 as a renewal gift on crossing spends of ₹2 lakhs in the previous year.
  • Voucher brands include Yatra, Hush Puppies/Bata, Aditya Birla Fashion, Westside, and Shoppers Stop.
  • The e-Gift Voucher code will be sent to your registered mobile number within 21 working days of receipt of the request.
  • Redemption Guide for Renewal Gift Voucher: Same as Welcome e-Gift Voucher redemption details.
• Domestic Lounge Program:
  • Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India.
  • To avail, use your South Indian Bank - SBI Platinum Credit Card at the respective lounges.
  • This is a Visa offer and is for a limited period only.
  • For the list of lounges, visit visasignature.com.
• International Lounge Program:
  • Complimentary membership to the Priority Pass Program worth $99.
  • Access over 1000 Airport Lounges worldwide.
  • A usage fee of only $27 + taxes will be charged to your card for every visit.
  • Only Primary Cardholders are eligible for Priority Pass, and complimentary membership is valid for 2 years only.
  • For more information on Priority Pass member Lounges, visit prioritypass.com.
• Golf Privileges:
  • Enjoy access to more than 300 golf courses across the world.
  • Get a 30% discount on the green fee.
• Insurance:
  • Complimentary Air Accident Liability Cover of ₹50 Lakhs (T&C Apply). Note: This cover will be discontinued effective August 11, 2025.
  • Complimentary credit card Fraud Liability Cover of ₹1 lakh.
  • This fraud cover is liable for a period of 48 hours prior to reporting of loss, to 7 days post reporting of loss.
  • To report loss and initiate a claim, call SBI Card Helpline at 1860 180 1290 or 39020202 (prefix local STD code).

Rewards Redemption Guide

• Reward points earned can be redeemed against the outstanding amount on your credit card.
• Alternatively, reward points can be redeemed for exciting items from the Rewards Catalogue.
• e-Gift Voucher Redemption:
  • For welcome, spend, and renewal e-gift vouchers, redemption can be done by showing the code at respective brand stores (Bata/Hush Puppies, Westside, Aditya Birla Fashion, Shoppers Stop).
  • Online redemption is available for Yatra and Shoppers Stop at the time of purchase.
  • Aditya Birla Fashion e-gift vouchers are valid at Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter brand stores.
  • e-Gift Voucher codes are sent to your registered mobile number within 21 working days of request receipt on a best effort basis.

Important Product Details

• Welcome Benefit: e-Gift Voucher worth ₹3,000.
• Reward Points: Earn 2 reward points for every ₹100 spent on most categories, with a monthly capping of 7,500 points, after which the same earning rate continues.
• Annual Spend Rewards: Vouchers worth ₹3,000 each on annual spending of ₹4 lakhs and ₹5 lakhs.
• Renewal Benefit: Vouchers worth ₹3,000 on ₹2 lakhs annual spend in the previous year.
• Lounge Access: 2 complimentary domestic airport lounge visits per quarter in India.
• International Travel: Complimentary Priority Pass membership (worth 99) with access to over 1000 airport lounges worldwide (usage fee of 27 + taxes per visit).
• Golf Benefits: Access to over 300 golf courses globally with a 30% discount on green fees.
• Fuel Surcharge Waiver: 1% waiver on transactions of ₹500 - ₹4,000, capped at ₹250 per statement cycle.
• Insurance Cover: Complimentary Air Accident Liability Cover of ₹50 Lakhs (discontinuing Aug 11, 2025) and Fraud Liability Cover of ₹1 lakh.
• Financial Flexibility: Options like Flexipay to convert transactions into EMIs and Balance Transfer on EMI for other bank credit card outstanding balances.
• Online Management: Full access to manage your card, view statements, and activate services via sbicard.com.
• Family Benefits: Provision for Add-on cards for eligible family members.

Other Details

• Application Process: To apply for the South Indian Bank SBI Platinum Credit Card, visit the nearest South Indian Bank Branch.
• Cash on the Go: Withdraw cash anytime from over 1 million Visa ATMs worldwide.
• Online Card Management:
  • Manage your credit card online through sbicard.com.
  • Check monthly statements online.
  • Change your address.
  • Find the nearest ATM.
  • Subscribe to SMS alerts online.
• Easy Bill Pay Facility:
  • Pay electricity, insurance, telephone, and other utility bills at zero charge.
  • Set up Auto Bill Pay for standing instructions to make monthly payments.
• Flexipay:
  • Convert transactions into easy monthly installments.
  • To convert a transaction to Flexipay, call the SBI Card Helpline at 39020202 / 1860 180 1290 within 30 days of making the purchase.
• Balance Transfer on EMI:
  • Transfer outstanding balances from other bank's credit cards to your South Indian Bank SBI Platinum Credit Card.
  • Avail a lower rate of interest and pay back in easy EMIs.
  • This service can be availed by logging into sbicard.com.
• Online Railway Tickets Booking:
  • Book railway tickets online via irctc.co.in.
  • Make payments through your South Indian Bank SBI Platinum Credit Card at payment gateways that accept Visa Cards.
• Global Acceptance:
  • Accepted in over 2 million Visa outlets worldwide.
  • Accepted in over 2,85,000 outlets in India.
• Empower Your Family (Add-on Cards):
  • Apply for add-on cards for your spouse, children, parents, and siblings who are over 18 years of age.
• Emergency Card Replacement:
  • Get your card replaced anywhere in the world.
  • 24x7 helpline for emergency card replacement even while travelling abroad (refer to Visa helpline numbers).
  • If lost in India, call SBI Card Helpline at 39020202 / 1860 180 1290.
• Payment Settlement: All payments made for a cardholder account will be settled in the order mentioned in the Order of Payment Settlement policy (link provided on the webpage).
• Things to Know:
  • Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted.
  • Your continued use of the card will be deemed acceptance of any amendments.
  • For assistance, call SBI Card helpline at 1860 180 1262, 39 02 02 02 (prefix local STD code), or 1860 180 1290.
  • Information is correct as per September 2014 and is subject to change at the discretion of SBICPSL. Most important terms and conditions are available at sbicard.com.