SBI PRIME Credit Card

     SBI Prime Card is a premium card offered by SBI with good reward ratio as well. The card comes in a beautifully crafted box with a premium feel. Enjoy splendid rewards and membership benefit like Club vistara and Trident Hotel . 
SBI Prime is also issued as secured credit card as  SBI Prime Advantage Card.

 
Image Credit : SBI Cards

Features and Benefits

Welcome Benefit

  • Welcome gift voucher of 3000 following brands: Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop and Yatra.com

Reward Points

  • Get 20 RP for SI for Utility Bills ; Max Cap :3000RP/Month (ie 5%).  This allows you to enjoy the accelerated reward points for spends upto 15000/month in utility space. 
  • Get 10 Reward Points per Rs.100 spent on Dining, Groceries, Departmental stores and Movies(2.5%)
  • Earn 2 Reward Points per Rs. 100 on all other retail spends except fuel.
  • Pay your card outstanding with Reward Points. 4 Reward Points = Rs. 1
  • 1% Fuel Surcharge Waiver on transaction amount ranging from Rs.500-Rs.4000 across all petrol pumps. (Govt. Service Tax extra, as applicable). Maximum Surcharge Waiver of Rs.250 per month, per statement cycle.

Milestone Benefits

  • Get Pizza Hut e-Voucher worth Rs. 1,000 on achieving spends of Rs. 50,000 in a calendar quarter
  • Waiver of Renewal Fee on annual spends of Rs. 3 Lakhs
  • E-Gift Voucher worth Rs. 7,000 from Yatra.com/Pantaloons on achieving annual spends of Rs. 5 Lakhs

Trident Previlege Membership

  • Enjoy complimentary Trident Privilege Red Tier Membership   
  • Get exclusive 1,000 Welcome Points on registration
  • Enjoy 1,500 Bonus Points on your first stay & additional Rs. 1,000 hotel credit on extended night stay, by clicking here & using Promocode: SBITH
  • Enjoy 10% instant saving on bookings through hotel website
  • Enjoy 10 points for every Rs.100 spent (excluding taxes) during your stay at participating hotels
  • For further details, visit www.tridentprivilege.com
  • Offer is valid for Primary Cardholders only

 Club Vistara Membership

  • Enjoy Complimentary Club Vistara Silver membership
  • Get 1 Upgrade Voucher
  • Earn 9 Club Vistara Points for every Rs. 100 spent on Vistara flights
  • Offer is valid for Primary Cardholders only

Lounge Access

  • 4 complimentary visits per calendar year to International Priority Pass Lounges, outside India (max. 2 visits per quarter)
  • 8 complimentary visits per calendar year to Domestic Lounges in India (max. 2 visits per quarter)
  • or list of lounges visit Visa/ Mastercard/American Express
  • Click here to know more about Priority Pass member lounges
  • Offer is valid for Primary Cardholders only

 Birthday Benefit

  • Enjoy 20 Reward Points per Rs. 100  spent on your birthday (Reward points on Birthday spends (one day before, on birthday and one day after) is capped at 2000 Reward points per calendar year

 

Mastercard/Visa/American Express Privileges

Mastercard

  • Enjoy 4 rounds of complimentary green fees access and up to 50% off on golf games along with 1 complimentary lesson per month at selected golf courses across India. Click here to know more
  • Enjoy up to 15% discount on best available room rates and up to 15% discount on F&B at Lalit Hotels

Visa

  • Savings of up to 10% on Hertz car rental and up to 35% on Avis Car Rentals
  • Exclusive benefits across 900 luxury hotels worldwide

American Express

  • American Express Dining Platform - Discover delectable dining offers & enjoy up to 25% discount in your city
  • Complimentary Tablet plus membership - access to VIP upgrades and privileges at hotels in India and around the world

These offers are brought to you by Mastercard/VISA/American Express and governed by their respective T&Cs. Click Mastercard privileges, Visa Signature privileges and American Express privileges to know more.

 

What doesn't Work

  • High annual fees, but if you can manage to spend 3Lakh/year; Its card you can have in your wallet. 
  • SBI Charges 99+GST for Rent payments.  
  • No RP for wallet load, cash withdrawal.

 

Fees

  • Joining Fee :2999+GST; But well compensated for the same with Welcome gift of 3000.
  • Annual Fee: 2999 +GST; Waived off with  annual spends >3Lakh

 

Click Here for Brochure

 

Verdict

Its appealing premium credit card from SBI, a must have in your wallet. Its a good all rounder card with excellent rewards, lounge access and membership benefit . The rewards can be easily settled against credit card statement or use it to purchase from rewards catalogue. 

If you can spend upto 5Lakh annually & meet quarterly spend targets you can earn the accelerated rewards/base rewards along with  Pizza hut voucher of Rs1000/quarter which translates to benefit of ~0.8% and Yatra voucher of Rs7000 annually which translates to a benefit of ~1.4%. So you can earn anywhere between 2.7% to ~5.6% depending on your spends.And  what more to ask you get complimentary lounge access with priority pass membership which is invaluable. 


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