IRCTC SBI Card Premier

Card Intro

Welcome Benefits

Welcome Gift of 1500 reward points equivalent to Rs. 1500 on paying joining fee.

Interest Free Period

20 to 50 Days

Payment Gateway

Visa

Card Fees

Joining Fee(once)

Rs. 1499

Annual Fee(2nd year onwards once)

Rs. 1499

Add-on Card Fee

Nil

Annual Fee Waive off

Annual spends greater than Rs. 2,00,000

Card Features, Rewards and Benefits

Cashback

Nil

Rewards

10% Value Back as Reward Points for buying tickets through irctc.co.in & IRCTC Mobile App for AC1, AC2, AC3, Executive Chair car and Chair Car.

5% Value Back as Reward Points on Air ticket purchases on www.air.irctc.co.in and E-catering purchases on www.ecatering.irctc.co.in.

3 Reward Points per Rs. 125 spent on Dining and Standing instructions (such as auto-debit for payments) on utility spends.

1 Reward Point per Rs. 125 for all other spends, except fuel.

Milestone Benefits

Amount spent in a year (INR)
Rs. 50000 : 2500 bonus reward points
Rs. 1 lakh : 5000 bonus reward points
Rs. 2 lakhs : Annual fee reversed.

Fuel Surcharge Waiver

1% for transactions between Rs. 500 to Rs. 4000.
Up to Rs. 250 per statement

Dining

3 Reward Points

Movie Benefits

Nil

Lifestyle Benefits

Nil

Travel Benefits:

Railway Tickets Surcharge Waiver: Waiver of 1% Transaction Charges on booking of railway tickets through www.irctc.co.in and 1.8% Transaction Charges on booking of air tickets through www.air.irctc.co.in.

Lounge Benefits

For Railway stations – 8 complimentary accesses to railway lounges per year at the following participating lounges: Delhi, Jaipur, Agra, Ahmedabad, and Kolkata.

Hotel Benefits

Nil

Insurance Benefits

Complimentary Rail Accident Insurance of Rs. 10 Lakhs, Air Accident insurance of Rs. 50 Lakhs and Credit Card Fraud Liability cover of Rs. 1 Lakh.

Concierge Benefits

Nil

Health Benefits

Nil

Card Charges

Cash Payment fees at branches

Rs. 250

Cash Withdrawal Fees or Cash Advance Fees

2.5% (Min. Rs. 500) of the cash amount

Card Replacement Fees

Rs. 100 to Rs. 250

Charge slip Retrieval Fee

Rs. 225

Cheque Payment Fee

Rs.100

DCC Markup Fees(Dynamic & Static Currency Conversion Markup Fee)

3.5% on International transaction

Duplicate Statement Fee

Rs.100 per statement (>2 months old)

Emergency Card Replacement (When Abroad)

Minimum $175 for VISA, $148 for Mastercard

EMI Processing Fees

Rs. 199

Finance Charges

3.5% per month (42% per annum) (Min Rs 25)

Foreign Currency Transaction fee(Forex Charges)

3.5% of the transaction value

Late Payment charges

Nil if Total Payment Due is less than Rs. 500
Rs. 400 if total payment due is between Rs. 501 – Rs. 1,000
Rs. 750 if total payment due is between Rs. 1,001 – Rs. 10,000
Rs. 950 if total payment due is between Rs. 10,001 – Rs. 25,000
Rs. 1100 if total payment due is between Rs. 25,001 – Rs. 50,000
Rs. 1300 if total payment due is greater than Rs.50,000
* Additional Rs. 100 for missing payment of Minimum Amount Due *

Outstation Cheque Fee

N/A

Over Limit Fees

2.5% of the over limit amount (Min Rs. 600)

Payment (cheque/ECS/NACH/Auto Debit Reversal) Dishonor Fees

2% of the payment amount subject to Min. Rs.500

Payment of Customs duty

2.25% (Min Rs. 75)

Priority Pass Lounge Charges

$27 per visit + taxes

Railway Tickets Surcharge

Rs. 30 + 2.5% of transaction amount on Counters, 1% on IRCTC website

Rental Transaction Fee

Rs. 199

Reward Points Redemption Fee

Rs. 99

Any Other Charges

Cheque Pickup fee – Rs. 100

Fuel – 2.5% of transaction value or Rs. 10 whichever is higher

Terms & Conditions!

* Goods & Service Tax(GST) applicable on all fees, interest and other charges. All fees, charges, rewards, or any other terms can change at any time. Always read the Terms and Conditions on the Bank’s page.