Spar SBI Card PRIME – Benefits, Fees & Eligibility

Spar SBI Card PRIME

Introduction

The Spar SBI Card PRIME is designed for shoppers, offering significant reward points on spending at Landmark Stores like Lifestyle, Home Centre, Max, and Spar, as well as on dining and movies. Cardholders can enjoy a generous welcome bonus, milestone benefits, complimentary lounge access, and a fuel surcharge waiver, making it a rewarding choice for frequent shoppers and travelers.

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 on transactions between Rs. 500 and Rs. 4,000, exclusive of GST and other charges.
  • The maximum surcharge waiver is Rs. 250 per statement cycle per credit card account.
• International Lounge Access Charges: Standard membership of the Priority Pass program is complimentary. However, usage beyond the complimentary visits will incur a charge of USD 27 plus applicable taxes per visit.

Rewards

• Reward Point Earning:
  • 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 = 1 Rs.
• Milestone Benefits:
  • Achieve a cumulative milestone benefit of 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, upon payment of renewal fees.
  • Reward Points will be credited to the cardholder's account within 30 days of fee payment.
• Domestic Airport Lounge Access:
  • Enjoy 8 complimentary visits per year to Domestic Airport lounges, with a maximum of 2 visits per quarter.
  • Unutilized access will lapse at the end of the quarter and cannot be carried forward.
  • Any access beyond complimentary visits will be charged as per regular lounge rates.
  • Accompanying guests (including children) will be charged at the time of entry.
• Complimentary Priority Pass Membership:
  • Receive complimentary Priority Pass membership, valued at USD 99.
  • Enjoy 4 complimentary visits per year to international lounges, limited to 2 visits per quarter.
  • Usage beyond the complimentary visits will be charged at USD 27 plus applicable taxes.

Rewards Redemption Guide

• Redeem your accumulated Reward Points instantly at Lifestyle, Home Centre, Spar, and Max stores.
• The value of reward points is 4 Reward Points = 1 Rs.

Important Product Details

• Contactless Advantage:
  • Make daily purchases easily by simply waving your card at a secure reader.
  • Offers fast and convenient transactions, eliminating the need to hand over your card or search for cash/coins for small purchases.
  • Enhanced security as the card never leaves your hand during a contactless transaction, 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 Spar SBI Card PRIME is accepted at over 24 million outlets globally, including 3,25,000 outlets in India.
  • Use your card for payments at any outlet that accepts Visa.
• Add-on Cards:
  • You can empower your family members (parents, spouse, children, or siblings above 18 years of age) with add-on cards at no additional fee.
• Cash on the Go:
  • Withdraw cash from over 1 million Visa ATMs across the globe.
• Utility Bill Payment Facility:
  • Utilize the Easy Bill Pay facility to conveniently pay your electricity, telephone, mobile, and other utility bills.
• Balance Transfer on EMI:
  • Save money by transferring outstanding balances from other banks' credit cards to your Spar SBI Card PRIME.
  • Avail a lower rate of interest and pay back in easy monthly installments (EMIs).
  • This service can be accessed by logging into sbicard.com with your user ID and password.
• Flexipay:
  • Convert any purchase of Rs. 2,500 or more into easy monthly installments (Flexipay).
  • To avail this, log in to sbicard.com with your username and password within 30 days of the purchase.

Other Details

• For detailed Terms and Conditions and Usage Directions, refer to the provided link on the SBI Card website.
• All payments made for a cardholder account will be settled in a specific order, as detailed in the "Order of Payment Settlement" link.
• Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted for payment.
• All applicable taxes (including GST) will be charged on all 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, based on their financial arrangement, which may include fee and revenue sharing.
• For assistance, you can call the SBI Card helpline at 39 02 02 02 (prefix local STD code) or 1860 180 1290.
• All information provided is subject to change at the discretion of SBICPSL. The Most Important Terms and Conditions are available on www.sbicard.com.