SBI Card Prime Advantage
Card Intro
Welcome Benefits
A Fixed Deposit, i.e., FD-based secured credit card with reduced Finance Charges.
Welcome e- Gift voucher for Rs. 3000 for any one of following Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop on paying joining fee.
Complimentary Club Vistara Silver membership and Trident Privilege Red Tier membership.
Interest Free Period
20 to 50 Days
Payment Gateway
Visa/Mastercard/AMEX
Card Fees
Joining Fee(once)
Rs. 2999
Annual Fee(2nd year onwards once)
Rs. 2999
Add-on Card Fee
Nil
Annual Fee Waive off
Annual spends greater than Rs. 3,00,000
Card Features, Rewards and Benefits
Cashback
Nil
Rewards
20 Reward Points per Rs. 100 spent on Primary Cardholder Birthday.
20 Reward Points per Rs.100 spent on standing instructions (like Auto debit of bills) of Utility Bills payments, with a capping of 3,000 Reward Points per month.
10 Reward Points per Rs. 100 on Dining, Movies, Departmental stores and Grocery Spends.
2 Reward Points per Rs. 100 on all other retail spends, except fuel.
Milestone Benefits
Amount spent in a year (INR)
Rs. 50,000 : Pizza Hut e-Voucher worth Rs. 1,000.
Rs. 3 lakhs : Annual fee reversed.
Rs. 5 lakhs : E-Gift Voucher from Yatra.com/Pantaloons worth Rs. 7,000.
Fuel Surcharge Waiver
1% for transactions between Rs. 500 to Rs. 4000.
Up to Rs. 250 per statement
Dining
Nil
Movie Benefits
Nil
Lifestyle Benefits
Birthday Benefit: 20 Reward Points per Rs. 100 spent on Primary Cardholder Birthday. (one day before, on birthday and one day after, capped at 2000 Reward points per calendar year)
Travel Benefits:
Nil
Lounge Benefits
For Domestic – 8 complimentary lounge access per year
For International Lounges – 4 complimentary lounge access per year with the Priority Pass lounges.
Hotel Benefits
Nil
Insurance Benefits
Complimentary personal Air Accident Insurance Cover of up to Rs. 50 lakhs.
Complimentary Credit Card Fraud Liability cover of Rs. 1 lakh on reporting unauthorized transactions within 48 hours of loss/theft of the card.
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
2.75% per month (33% 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.