Yatra SBI Credit Card – Benefits, Fees & Eligibility

Introduction

The Yatra SBI Credit Card is a travel co-branded credit card issued by SBI in partnership with Yatra, an online travel booking platform. Positioned as a card for frequent travelers, it offers various benefits and privileges, including significant discounts on domestic and international flight bookings, hotel stays, and a substantial welcome e-gift voucher. This card also provides air accidental insurance coverage. Please note that this co-branded offering has been officially discontinued by SBI Card as of March 28, 2025.

Welcome Benefits

• Receive Yatra e-gift vouchers worth ₹8250 upon paying the membership fee. These vouchers are sent to your registered email address or mobile number within 15 days.
• The e-gift vouchers include:
  • 2 domestic travel vouchers worth ₹500 each.
  • 2 international travel vouchers worth ₹1000 each.
  • 1 voucher for domestic holidays worth ₹1500.
  • 1 voucher for international holidays worth ₹3000.
  • 1 hotel booking voucher worth ₹750.
• Conditions:
  • Two or more vouchers cannot be clubbed together while making a booking.
  • These discount vouchers must be used before their expiry date.

Fees

• Joining Fee: ₹499 + GST
• Annual Fee: ₹499 + GST
• Spend-Based Waiver: The annual and renewal fees can be waived if you spend ₹1 Lakh or more in a year using this credit card.
• Rewards Redemption Fee: ₹99 per request.
• Foreign Currency Markup: 3.5% per conversion.
• Interest Rates: 3.75% Per Month (45% Per Annum).
• Fuel Surcharge Waiver: 1% waiver on fuel transactions across all petrol pumps in India, subject to a maximum limit of ₹100.
• Cash Advance Charges: 2.5% of the withdrawal amount, subject to a minimum of ₹300.

Rewards

Reward Points

• Earn 6 Reward Points per ₹100 spent on Movies, Groceries, Entertainment, Departmental Stores, and Dining. This translates to a 1.5% reward rate (1 RP = ₹0.25).
• Earn 1 Reward Point per ₹100 spent on all other categories.
• The Reward Point limit is capped at 5000 points per calendar month.

Travel Benefits

• Get ₹1000 off on domestic flight bookings, applicable on a minimum transaction of ₹5000.
• Get ₹4000 off on international flight bookings, applicable on a minimum transaction of ₹40,000.
• Enjoy 20% off on domestic hotels, applicable after a transaction of ₹3000 and subject to a maximum discount of ₹2000.
• To avail of the hotel offer, use promo code TRAVEL on bookings. This code can be used a maximum of up to 6 times.
• Discount offers cannot be clubbed with any other offer.

Insurance Benefits

• Receive complimentary air accidental cover worth ₹50 lakhs, provided to Primary cardholders only.

Rewards Redemption Guide

• Reward Point Value: 1 Reward Point = ₹0.25.
• Minimum Redemption Limit: A minimum of 1000 reward points is required for redemption.
• Redemption Options: Reward points can be redeemed for Yatra vouchers.
• Validity: Accumulated reward points are valid for 2 years from the date of accumulation.

Card Eligibility Criteria

• Minimum Age:
  • Salaried individual: 21 years or above.
  • Self-employed individuals: 25 years or above.
  • Retired pensioner: Above the age of 40 years.
• Maximum Age: 60 years (general), up to 70 years for some categories as per FAQs.
• Occupation: Salaried or Self-Employed with a stable income.
• Income: Stable income (specific minimum varies by card).
• Credit History: A positive credit history is preferred, with a good credit score, preferably between 750 and 900.
• Banking Relationship: Not mandatory, but may improve approval chances.
• Location: The applicant's residence address should be in locations serviced by SBI Card.

Documents Required

• PAN Card for Digital KYC.
• Copy of Aadhaar Card (with the first 8 digits masked) or any valid government address proof for Digital KYC.
• Other income documents like Salary slip, income tax return, etc., may be required depending upon the credit card eligibility and policy.

Card Review

The Yatra SBI Credit Card is well-suited for individuals who travel frequently and aim to reduce their travel expenses. The card is equipped with various offers and discounts on flight and hotel bookings. It provides a higher reward rate of 1.5% on specific spending categories such as retail, groceries, dining, entertainment, and international purchases, making it particularly beneficial for consumers who frequently book domestic hotels. However, it offers a comparatively lower reward rate on general spending. It is crucial to note that this co-branded offering has been officially discontinued by SBI Card as of March 28, 2025.

Important Product Details

• Welcome gift of Yatra E-gift vouchers worth ₹8250.
• Get ₹1000 off on domestic flight bookings.
• Get ₹4000 off on international flight bookings.
• Annual fee of ₹499 plus applicable taxes.
• Enjoy 20% off on domestic hotels.
• Annual fee waiver if you spend ₹1 lakh or more in a year.
• Complimentary air accidental cover worth ₹50 lakhs.
• 1% fuel surcharge waiver on fuel purchases across all petrol pumps in India.
• The Yatra SBI Credit Card has been officially discontinued by SBI Card as of March 28, 2025.

Other Details

• General SBI Credit Card Benefits:
  • Contactless Transactions: Simply tap your SBI Credit Card on NFC-enabled POS machines for simple, convenient, and secure transactions.
  • Pay in EMIs: Convert your big purchases into easy EMIs.
  • Cash Withdrawal from ATMs: Use your SBI Credit Card to withdraw cash from any ATM across India.
  • Add-on Card: You can gift your loved ones up to 3 complimentary Add-on SBI Credit Cards.
  • International Transactions: SBI Credit Cards support contactless, online, and Point of Sales (POS) international transactions. You can activate or deactivate international usage and set transaction limits as per your convenience.
• Application Process: Applying for an SBI Credit Card online involves visiting the website, choosing a card, filling out the E-Apply Form, and submitting it for an instant decision. Post necessary verification, the card will be issued.
• Application Rejection Reasons: Credit card applications may be rejected due to reasons such as non-availability of required information/documents, a low credit score, low income, or not meeting age eligibility criteria.
• Card Upgrade: Eligible cardholders can upgrade to a new credit card through their online account, where recommended cards and their features, benefits, fees, and charges are displayed.
• Credit Card Definition: A credit card is an instrument that allows you to make instant purchases for various goods and services, which you can pay for later. Each account has a credit limit, and the limit is restored upon payment. Unlike a debit card, it offers flexibility independent of your bank account balance.
• Co-brand Credit Cards: These are credit cards launched in partnership with other brands to offer special discounts and deals. SBI Card offers various co-brand credit cards with partners such as BPCL, IRCTC, and Landmark.