Want to know all about SBI PRIME Credit Card? Then, you have landed on the right article. In this SBI PRIME Credit Card review article, we're going to explain all the aspects of SimplySAVE credit card.
One of the most exclusive credit cards available in India, the SBI PRIME Credit Card offers customers an array of benefits to enjoy, such as; milestone benefits, airport premium lounge access, Club Vistara membership (complimentary), and premium users' security.
The card also offers you a host of reward points and discounts, along with many more exciting benefits.
SBI PRIME Credit Card Review: Updated 2022
Main Highlights of the SBI Card PRIME
SBI Card PRIME is among the bank’s most premium credit cards, specifically for business professionals, travellers, and those who partake in e-commerce.
Here's, a quick highlight of this premium card -
● When you register for the PRIME Card SBI, you get an e-gift voucher worth Rs.3000 as a welcome gift from SBI.
● You also receive, a Lucrative PRIME Reward Points system for any transaction made under the offer list.
● Additionally, the total SBI prime credit card annual fee is waived off when your expenses exceed Rs.3 lakh.
● On making a total purchase of Rs. 50,000 or more in a quarter, SBI gives a Pizza Hut voucher worth Rs.1,000.
● Customers also receive Trident Privilege Memberships and a Club Vistara Membership offer.SBI Prime Card Benefits
The Card comes with a host of additional benefits; some of the SBI Prime Credit Card Benefits are:
- Welcome Bonus
On paying your annual fees, you get an e-gift voucher worth Rs.3,000 from SBI. This voucher can be used while making any purchases at outlets like Marks and Spencer, Bata, Hush Puppies, Yatra.com, Pantaloons, and Shoppers Stop.
- Milestone Benefits
1. On spending Rs. 50,000 in a quarter, you get a voucher worth Rs. 1000 for Pizza Hut purchases.
2. If you spend Rs. 5 lakh or more in a particular year, you get a voucher worth Rs. 7000, which can be used at Pantaloons or Yatra.com.
- Hotel Stay Benefits
1. The card also offers A Trident Privilege Red Tier Membership.
2. On a successful registration, you receive 1,000 Welcome Points.
3. Upon making reservations in a hotel mentioned in the SBI list, you get an instant 10% discount on the total cost (excluding GST).
4. You earn 1,500 bonus points for extending a night stay on your first hotel stay.
5. Every time you spend Rs. 100 using the card, you receive 20 points. However, with every expenditure worth Rs. 100 on hotels, you get 10 points.
- Complimentary Airport Lounge Access
1. You receive an offer to avail the Club Vistara Silver Membership.
2. In all International Priority Pass Lounges, you get a total of 4 free lounge visits.
3. In all Domestic Airports across India, you get 8 free complimentary lounge visits.
- SBI card prime master flip / Visa Privileges
1. Every year, you get 4 complimentary rounds on Green Fees.
2. Every month you get 1 complimentary golf lesson on selected golf courses.
3. You also stand a chance to avail exclusive benefits at 900+ hotels across the globe.
- Free Insurance
In addition to the above mentioned benefits, you get Air Accident Insurance covering Rs.50 lakh. Also, Rs. 1 lakh covers any credit card fraud (T&C Applied).
SBI PRIME Credit Card Limit
The credit card limit depends on the following criteria:
● The discretion of the bank.
● Credit history of the applicant.
● Credit score.
● Timely repayment behaviour.
● Past and current debts.Fees and Charges For SBI PRIME Card
Charge Type | Amount |
Joining Fee | Nil |
Annual fee | Rs.2,999 +tax |
Renewal fee (every year) | Rs.2,999 + tax |
Cash advance fee | 2.5% of the total amount total withdrawn or Rs.500, whichever is less |
Add-On card fee | Nil |
Dishonoured Payment Fee | 2% of the payment amount |
Statement request | Rs.100 per statement ( 2 months). |
Finance Charges | 3.50% every month or 42% every year |
Cheque payment fee | Rs.100 |
Over limit fee | 2.5% of the over-limit amount; minimum of Rs.600 |
Rewards redemption fee | Rs.99 |
Card replacement fee | Rs.100 to Rs.250 |
Late Fee | ● Rs.0 to Rs.500 ; fee- Nil ● Rs.500 - Rs.1,000; fee- Rs.400 ● Rs.1,000 - Rs.10,000; fee- Rs.750 ● Rs.10,000 - Rs.25,000; fee- Rs.950 ● Rs.25,000 - Rs.50,000; fee- Rs.1,100 ● More than Rs.50,000; fee- Rs.1,300 |
Foreign currency transaction | 3.50% |
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Eligibility of SBI PRIME Card
The candidate's age should be between 18-70 years.
● Add-on credit card acquirer's age must be more than 15 years.
● The candidate may be an inhabitant of India or an NRI.
● The employed candidate's age must be between 21-55 years.
● Self Employed candidates' ages must be between 21-70 yearsDocuments needed to Apply for SBI Prime Credit Card
● Credit card application form.
● A copy of a PAN card or even Form 60 would do.
● Individuality proof - PAN, driver's licence, Aadhaar Card, or any other related document.
● Annual Income proof - most recent salary slips, Form 16, a copy of ITR, etc.
● Address proof - Aadhaar Card, Passport, Ration Card, electricity bill, or other relevant proof.
● Passport size colour photo of the candidate is also required.
Note- All the documents mentioned above are denotative and more documents could be requested at the time of application for the SBI PRIME credit card.
How to Apply for the SBI Prime Card Online
Step 1: You can check your SBI Prime Card eligibility on the official SBI website.
Step 2: You have to submit the above mentioned documents to continue your eligibility check.
Step 3: Next, upload all documents and click on the 'Submit' button. The verification may take anywhere from a few minutes to hours to complete.
How to pay bills using the SBI PRIME Credit Card?
The process to pay your bill is smooth and simple. Here’s how you can pay your SBI PRIME Credit Card bills using the SBI mobile app:
Step 1: From either the Windows app store, Android play store, or Apple iOS, download the SBI card mobile app. Then, log in with your SBI user ID and respective password. For registering as an SBI online user, click on the above link saying 'Register Now’.
Step 2: Now, come to the Account Summary page and click on the bottom 'Pay now' button.
Step 3: If not updated yet, enter your registered Email ID and Mobile No.
Step 4: Select the desired amount you want to pay from the given choices-
● Minimum Amount Due
● Total Outstanding Amount
● Any Other Amount
Step 5: Select the required and appropriate details from the drop-down menu, like bank name and payment alternatives. Confirm or recheck all the given details properly, as this page will redirect you to the bank payment interface to authorise your payment
After this, the mentioned or given amount will be debited or deducted from your Available Balance. Eventually, to complete the transaction process, you will receive a message or email consisting of a Transaction Reference Number or OTP on the registered mobile number or email, respectively.
Then, the payment update will instantly get reflected on the SBI Credit Card account.
What is the Customer Care number for SBI PRIME Card?
In case of any query regarding the SBI PRIME Credit Card, you can reach their Customer Care team with the helpline number: 1860 180 1290 (toll-free) or 39 02 02 02 (prefix local STD code).
Similar Credit Cards Offered by SBI Bank( Table form)
Credit Card | For |
SimplySAVE SBI Card | Shopping, Entertainment, Fuel |
Central SBI Credit Card | Shopping, Dining, Entertainment |
SimplyCLICK SBI Card | Shopping, Entertainment, Fuel |
SBI ELITE Card | Shopping, Entertainment, Fuel, Dining |
FBB SBI STYLEUP Card | Shopping, Rewards, Cashback |
Max SBI Card SELECT | Shopping, Rewards, Cashback |
SBI BPCL Octane Credit Card | Fuel, Travelling, Shopping |
SBI Lifestyle Credit Card | Shopping, Rewards, Cashback |
SBI IRCTC RUPAY Card | Travelling, Entertainment, Fuel |
Club Vistara SBI Card | Travelling, Entertainment, Dining |
SBI BPCL Credit Card | Fuel, Travelling, Shopping |
Final Verdict
Having a credit card brings a lot of responsibility, starting from registration to usage. SBI Prime Credit Card is one of the most premium credit cards issued by any bank in India. It is one of the most secure cards compared to any other credit card.
We hope we have cleared all your doubts with this SBI PRIME Credit Card Review article.
Frequently Asked Questions
Q1. What is the benefit of an SBI prime card?
1. Rewards: You get multiple reward points.
2. Milestone Offer(s): You get various e-vouchers once you complete a milestone.
3. Lounge Access: You get access to the premium lounge at any airport.
4. Additional Benefits: Users even get Complimentary Club Vistara Silver membership.Q2. What's the annual fee for SBI Card prime?
You have to pay an annual fee for the SBI Prime card, along with additional taxes, making the fee go over Rs. 3000.
Q3. What is the credit limit of an SBI prime card?
The expenditure threshold for SBI Prime Credit Card is up to 80% of the credit threshold; the credit limit of a Prime card would be approximately around Rs. 15,000 per day.
Q4. How can I use an SBI prime card?
You can use the SBI Prime card just like any other regular card; the difference is that the Prime card comes with lots of additional benefits and huge discounts while travelling, savings In fuels, and various lifestyle products.
Q5. How to increase my SBI PRIME credit limit?
One can increase their credit card limits as and when they want. SBI provides two distinct methods for its credit card consumers to modify their credit thresholds. One is a Pre-approved credit limit offer, while the other is a Credit limit increase on request.
