SBI PRIME Credit Card Review

by ,

If you are trying to find all about the SBI Prime Credit card then in this post we are going to review it

SBI PRIME Credit Card has been rolled out for Prime Users of Credit Card. It comes with best Privileges in different variants and categories. It comes with multiple benefits with different platforms like MasterCard, Visa, And American Express.

SBI PRIME Credit Card Review

SBI PRIME Credit Card Review

Key Features & Benefits

  • It’s designed for Utility Bill payments, Dining, Shopping etc.
  • It offers a reward rate up to 5%.
  • You can redeem Vouchers of respected brands like Hush puppies, Bata, Pantaloons at their respective store by showing the Code.
  • Yatra and Shoppers stop vouchers can also be redeemed online while purchasing online.
  • You get complimentary Club Vistara silver membership.
  • You can earn 9 Club Vistara Points on every Rs. 100 spending on Vistara Flights.
  • You get 4 Complimentary access to International Priority Pass Lounges, ( 2 Per quarter).
  • 8 Complimentary visit to Domestic Lounges ( max 2 per qtr).

Welcome Benefits of SBI PRIME Credit Card

  • You get an e-gift voucher worth Rs. 3,000 from any of these brands, Bata/Hush puppies, Pantaloons, Aditya Birla Fashion etc.
  • You can redeem Vouchers of respected brands like Hush puppies, Bata, Pantaloons at their respective store by showing the Code.
  • Yatra and Shoppers stop vouchers can also be redeemed online while purchasing online.

Prime Rewards

  • 20 Reward points on every Rs. 100 spending on utility bill Payments.
  • 10 Reward Points on every Rs. 100 spent on Dining, Groceries, Departmental store.
  • You get 2 Reward Points on every Rs. 100 transaction on Retail shopping, except fuel.
  • Birthday special: On every RS. 100 Spending on your Birthday you get 20 Rewards points.
  • You can pay your Card Outstanding via Reward points. 4 points=Re. 1
  • 1% Fuel Surcharge waiver on the transaction between Rs. 400 to Rs. 5,000.
  • Waiver of renewal fee if annual spends go above Rs. 3 lakhs.

Fees and Charges

  • Joining Fee: Rs. 2,999+Taxes
  • Renewal fee: Rs. 2,999+ Taxes
  • SBI PRIME Credit card is accepted across the world.
  • With flexi play you can convert any of your transaction above 2,500 into flexiplay with the help of https:/www.sbicard.com. 
  • You can also transfer the outstanding balance of other banks or credit cards to your rSBI PRIME credit Card and pay it into EMI under lower rate of Interest.

Who Are Suitable User?

  • SBI PRIME Credit card is suitable for those who look for some extra reward points on their spending as it provides 2 to 5 % Reward rate.
  • Users who pay their utility bills via Credit Card, this card is great for them.
  • Even those who love to dine out frequently get a decent 10 points on every Rs. 100 spent on Dining at a restaurant.
  • Free lounge access to Domestic and international travelers give this card an edge over other cards.

Conclusion

SBI Prime Credit Card with a hefty renewal fee of Rs, 2,999+ GST is not for average users. Even the waiver on renewal fee requirement is high with minimum spending of Rs. 3 lakh per annum.

However SBI Prime Credit Card is best for premium Customers. This Card gives a reward point at 5% Reward rate which is among the highest available.

Reward Points include spending on Utility Bills, groceries, departmental stores. 10 % discount on Hotel trident booking and 2.25 % reward Rate on Vistara Airlines bookings, so it’s for those who travel a lot via flights or stays in a Hotel.

Sponsored Video

For More Finance Related Posts Visit here.


Like This Post? Checkout More

Photo of author

Mohit Sharma

Reading is my soul and writing is breathing. Reading, writing and it revolves so i can survive. I spend most of time reading and learning about technology. And by blogging my goal is to share my knowledge with others