SBI Prime Credit Card

State Bank of India is one of the largest public sector banks in India which offers various financial services for individuals with ease. The bank has its headquarters situated in Mumbai, Maharashtra. You can find numerous services from this bank including loans, credit cards, debit cards, insurance coverage, and others.

SBI Prime credit card is a lifestyle card which makes your living easy with financial assistance. This credit card charges you a joining fee and an annual membership amount of INR 2,999 plus GST charges. This credit card is quite similar to the features of the SBI Elite credit card.

With the SBI Prime credit card, you can earn reward points on spending every INR 100 on groceries, dining, departmental stores, and other categories. One reward point is equal to INR 0.25, which is the monetary value of this credit card.

SBI Prime Credit Card Details

• SBI Prime credit card offers you 10 reward points on spending every INR 100 on dining, deparmtmental stores, and movies. Also, you can earn two reward points for spending every INR 100 on all other retail categories.
• For booking movie tickets and for dining purposes, you can use this credit card to earn 5X reward points.
• With partnered restaurants, you can earn up to 25% off on dining.
• You can get 8 complimentary airport lounge access with this credit card every year for domestic airports.
• For international trips, you can get complimentary airport lounge access four times a year.
• For game enthusiasts, this SBI prime credit card offers four lessons on golf in a year. You can also get a discount on the golf fee with this credit card.
• Get up to 1% fuel surcharge waiver with this credit card for all fuel stations in India.
• Prime SBI credit cards offer air accident coverage up to INR 50 lakhs and fraud liability cover up to INR 1 lakhs if you inform the bank about the liability within 48 hours of the card missing.

Advantages and Disadvantages of SBI Prime Credit Card

Advantages	Disadvantages
SBI Prime Credit Card comes with reward points for all its customers. You can get 5X reward points on spending using the card for categories like dining, groceries, departmental stores, and movies.	The SBI Prime credit card does not come with any railway lounge access for customers travleling through trains.
For other categories, you can earn 2 reward points. Also, get up to 25% on dining when you dine in with the partnered restaurants of the bank.	Also, the monetary value of the reward point is low, as you get INR 1 for 4 reward points.
Additionally, this SBI Prime credit card offers 8 complimentary domestic airport lounge access and 4 complimentary international lounge access.	The annual fee waiver asks you to spend INR 3 lakhs from the previous year, which is quite high for all customers.
With this credit card, you can earn a welcome gift of a voucher worth INR 3,000 from various remarkable brands like Bata, Pantaloons, Hush Puppies, and more.

Welcome Benefits of SBI Prime Credit Card

SBI Prime Credit Card comes with a remarkable welcome perk of offering vouchers worth INR 3,000. You can redeem this voucher once you activate your Prime credit card. This voucher is associated with brands like Hush Puppies, Bata, Yatra, Pantaloons, and a few other popular brands.

Travel Benefits of SBI Prime Credit Card

• SBI Prime Credit Card offers remarkable travel benefits, which start with complimentary airport lounge accesses. For domestic airports, you can earn 8 complimentary airport lounge access. For international airports, you can earn 4 complimentary Airpot lounge access.
• For travel purposes, you can be stress-free on greeting air accident coverage up to INR 50 lakhs.
• On the Mastercard variant of this Prime credit card, you can avail up to 15% off on the best room at  F&B hotels and Lalit.
• On the Visa variant of this card, you can earn up to 10% discount on Hertz car rental and up to 35% discount on Avis Car Rentals.

Insurance Benefits of SBI Prime Credit Card

• The accident liability insurance for aviation worth Rs. 50 lakh is complimentary with the insurance policy.
• Fraud Liability Cover up to the amount of Rs. 1,00,000 for any fraud occurring from 48 hours before reporting the loss of the card or misplacement or theft of the card to the banking organisation.

Zero Liability Protection of SBI Prime Credit Card

The SBI Card includes zero liability protection responsibility of the using credit card holder on shelter under which the cardholder will not be held answerable for any unauthorised/fraudulent transactions made with the lost or stolen credit card shall the holder inform the bank about the loss in an appropriate fashion..

SBI Prime Credit Card VS SBI Elite Credit Card

Reward Structure

SBI Prime Credit Card	SBI Elite Credit Card
With the SBI Prime credit card, you can earn 10 reward points for spending every INR 100 on dining, groceries, departmental stores, and movies. For all other categories of retail spend, you can earn two reward points.	This credit card offers 10 reward points on spending INR 100 on groceries, dining, movies, hotel bookings, and other categories.

Reward Rate With Partners

SBI Prime Credit Card	SBI Elite Credit Card
With partnered restaurants all over India, the Prime credit card offers you up to 25% discount on dining. For booking cars for rental purposes, you can get up to 35% off on Avis Car Rentals, which is a partnered agency with the bank.	You can get additional reward points with partnered restaurants and brands like Yatra, Bata, Pantaloons, and others.

Cashback Max Cap

SBI Prime Credit Card	SBI Elite Credit Card
The SBI Prime credit card has a maximum cap of earning 5X reward points on spending for groceries, dining, departmental stores, and movies.	You can earn a maximum of 5X reward points on spending every INR 100 on all categories.

Joining Fees

SBI Prime Credit Card	SBI Elite Credit Card
The joining fee of this SBI Prime credit card is the same as Elite, that is, INR 2,999 plus GST charges.	The joining fee of SBI Elite credit card is INR 2,999 plus GST charges.

Additional Benefits

SBI Prime Credit Card	SBI Elite Credit Card
You can earn 8 domestic complimentary lounge access for all airports in India. For international trips, you can get 4 complimentary airport lounge access. You can also avail of air accident coverage worth INR 50 lakhs with this credit card.	SBI Elite credit card offers complimentary airport lounge access for both domestic and international airports.

Why Choose the SBI Prime Credit Card?

• Welcome Benefits: With a minimum Swipe, get a voucher of ₹3,000 with partnered brands such as Yatra, Bata, Hush Puppies and Pantaloons. This welcome gift also has immediate utility and can be cashed in for other items or services from these brands.
• Reward Benefits: Receive 5X reward points equal to 10 reward points for all the spending done in eating joints or movie theatres. Due to this brief credit reward rate of the credit cards, the holders will be in a position to earn more and get a boost in their purchasing capacity or be in a position to redeem their credits earlier. Receive up to 25% of the actual amount that is spent at selected restaurants – only with the AMEX variant. Let the students enjoy the fruits of their hard work and provide greater opportunities to expand their plates while dining at new places or favorite restaurants.
• Travel Benefits:
• Complimentary Memberships: Membership FREE benefits included Club Vistara Silver Membership and Trident Privilege Red Tier membership. These memberships provide some privileges along the traveling spectrum, including pre-boarding privileges, access to passengers’ lounges, and a room upgrade, among others that make traveling a worthwhile endeavor.
• Airport Lounge Access: Domestic and International Airport Lounge passes – including the first at no extra cost. This, for instance, has services such as catering services, leisure and comfort facilities such as food, drinks, internet connection and formal working stations before or in-between flights.
• Milestone Benefits: Free e-voucher of ₹1,000 Pizza Hutการใช้ข่าวสัมพันธ์ when the actual expenditure in a quarter is ₹50,000. This particular incentive urges card owners to make spending on their cards and also offers them something in return for the milestones that they set in spending. Receive an e-voucher with a value of ₹7,000 on either Yatra or Pantaloons on an annual travel of ₹5lakhs. This reward enhances more spending amounts of the card, and the flexibility of rewards is tailored to match the desired choices of the cardholder.
• Golf Benefits (for Mastercard variant): Complimentary Green Fees: Full members have the privilege of enjoying 4 greens fees with no charge. This perk caters for golf lovers in that they get to practice or play their favorite sport for free by offering them first access to some of the best golf courses in the world, hence improving the overall golf experience.

Who Can Apply for an SBI Prime Credit Card?

• Age Range: Individuals who have to apply must be at least 18 years of age and must not be more than 70 years of age. This makes such credit agreements legally feasible and also allows for fair usage of card-related facilities within a reasonable period of time.
• Minimum Requirement: There is a required minimum credit of at least 750, which shows a sound credit history and low credit risks to creditors. On-time bills payment shows that the credit management is in order and hence higher probabilities of approval of bills.
• Residency: The SBI Prime Credit Card can only be obtained by Indian residents. Such a possibility is restricted in order to obey the legal requirements and grant the benefits provided only to Indian citizens.
• Age Limit: Only the main cardholder will be allowed to be under 15 years of age, while the other supplementary cardholders must be at least 15 years of age. This helps in avoiding card usage by underage persons and also reduces misuse so while the main cardholders get to enjoy the account benefits, they can extend the same privilege to other persons of their trust.

Documentation Required for SBI Prime Credit Card Approval

• Identity Proof: In order to facilitate smooth verification from the applicant’s side, they need to produce a valid photo ID, which includes a PAN card, driving license, Aadhaar card, or an Indian passport. This helps to check those people who are capable of receiving credit cards, hence making the applicants genuine.
• Proof of Income: Pay slips of recent months, salary slips, form 16 or IT return should all illustrate the applicant’s capacity to manage credit. Deeds are crucial in ascertaining the financial status and ability of an applicant to repay borrowed credit, making these documents very useful.
• Filled Application Form: The candidates have to download the prescribed application form available at the SBI’s official website for the exam. This creates the credit card application form as the first point of contact and gathers basic applicant information.
• Copy of Form 60 or PAN Card: To verify the identity of the candidates and for tax-related issues, they are required to produce Form 60 or a copy of the PAN card. The companies make sure to stick to the laid down tax laws so as to help them keep proper records of the cardholders.
• Proof of Residence: The applicant is required to submit the original copies of any photo ID proof, such as a passport, ration card, or any document reflecting the address. These documents depict the tenure of the applicant’s residency status in India in accordance with the set regulatory measures.
• Colored Passport Size Photographs: Current color photos of the applicant are critical in terms of identification and as a verification tool.

Application Process for SBI Prime Credit Card

• Step 1: Checking Eligibility: Visit the website and search for the SBI credit card option. You will find a link that says “Check Eligibility,” and you can go ahead and uncover your chances. Assess suitability by age, income, credit rating, and nationality, where core attributes of the contenders should act as key evaluation criteria.
• Step 2: Providing Required Data: This process entails giving out information that authorities need for the efficient functioning of organisations in the corporate world.
  • Enter Personal Details: One needs to input their full name, date of birth, contact information, employer details, and real demographic info.
  • Ensure Accuracy: Ensure that the details you provide in the form remain relevant and as accurate as possible according to present circumstances.
• Step 3: Uploading Documents: Submit Necessary Documents: Documents like an ID proof, a PAN card, utility bills, and pass photos should be uploaded too. It’s important to make all documents clear and legible, following the rules of the portal to avoid complications during their further processing.
• Step 4: Tracking Application: On submission, one is usually provided with a tracking or reference number for monitoring the particular application. To check the application status, use the tracking ID they assign you under the ‘Track Application’ link on the portal.

FAQs