SBI PRIME Credit Card

SBI PRIME Credit Card


Joining Fee: Rs 2999+GST
Annual Fee: Rs 2999+GST




0.5% to 4%



Payment Network

Visa, Mastercard, American Express


Milestone Rewards, Domestic Airport Lounge Access, International Airport Lounge Access, Golf Games/Lessons, Fuel Surcharge Waiver

SBI PRIME credit card is a premium offering from SBI Card and comes with lucrative rewards and benefits. SBI Card issues this card in Amex, Visa, and Mastercard variants. First launched in 2017, SBI Card has rejigged the benefits on this several times till now. But, it still retains most of the good features like accelerated rewards, lounge access, and milestone benefits. But, is it still a good credit card worth applying for? Let us review the SBI Prime credit card to find out.


Joining FeeRs 2999+GST ~Rs 3539
Welcome BenefitRs 3000 Gift Voucher
Annual FeeRs 2999+GST ~Rs 3539
Renewal BenefitNone
Annual Fee WaiverOn Rs 3 Lakh annual spends
SBI PRIME Credit Card Review: Fees

The gift voucher options for the welcome benefit are Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop, and The joining fee is well compensated with gift vouchers and the GST part is the effective outgo for the first year. The Club Vistara Silver membership is valid only for the first year.

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Spend CategoryReward PointsReturn
Dining, Groceries, Departmental Stores, Movies10 RP/ Rs 1002.5%
Other Retail Spends2 RP/Rs 1000.5%
Birthday Spends (one day before, on the birthday, and one day after)20 RP/Rs 100
Capped at 2000 RP per year
Fuel and Wallet SpendsNILNIL
SBI PRIME Credit Card Review: Rewards

Milestone Rewards

There are two milestone benefits on the SBI PRIME credit card. One is for quarterly spends, other one for yearly spends. So while the base reward rate is low, you can potentially get a total return of around 2% with these milestone rewards.

  • Pizza Hut Gift Voucher worth Rs 1000 on spending of Rs 50,000 in a calendar quarter. At face value, this is a bonus reward rate of 2%. You can use the Pizza Hut GV to treat your family and friends. 🙂
  • Yatra or Pantaloons Gift Voucher worth Rs 7000 on spends of Rs 5 Lakh in a year. This adds a bonus reward rate of 1.4%.

Rewards Redemption

The best option to redeem the reward points on the SBI PRIME credit card is to go for statement credit. Each reward point is equal to 25 paise in this case. You can call customer care to get this done or raise a request on the SBI Card mobile app.

Club Vistara Silver Membership

SBI PRIME credit card also comes with Club Vistara Silver membership. This status is valid for 1 year from the date we apply for it and comes with its own set of benefits that we can use when flying on Vistara. You can get this benefit by calling SBI Card customer care or by activating it on the SBI Card mobile app/web portal.

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  • Earn 9 Club Vistara Points for every Rs 100 spent on Vistara flights base fare
  • Extra 5 Kg baggage allowance
  • 1 class upgrade voucher on Tier Renewal

Trident Privilege Red Tier Membership

We also get Trident Privilege Red Tier membership status but don’t see it being useful unless you are already into staying in Trident hotels.

  • Trident Privilege Red Tier Membership and corresponding benefits
  • 10 points for every Rs 100 spent during the stay at participating hotels

Complimentary Airport Lounge Access

  • Domestic Airport Lounge Access: 8 complimentary visits per calendar year to airport lounges in India with Visa / Mastercard / American Express depending on variant (2 visits per quarter)
  • International Airport Lounge Access: 4 complimentary visits per calendar year to airport lounges outside India with Priority Pass (Max 2 visits per quarter)

Other Key Benefits and Charges

  • Fuel Surcharge Waiver: 1% waiver for transactions between Rs 500 to Rs 4000. Maximum surcharge waiver of Rs 250 per statement cycle.
  • Forex Markup: 3.5%+GST ~4.13%
  • Reward Redemption Fee: Rs 99+GST for gifts, statement credit and vouchers
  • Interest Charges: 3.5% per month or 42% per annum

SBI PRIME Credit Card Pros and Cons

Final Thoughts

SBI Prime credit card had started off as a great card when it was launched. 5% uncapped rewards on bill payments and birthday spending were two of its best features. Both are gone now. Some of the devaluations have been silent with changes known only from the product page. The bigger list of cons compared to the pros above is a statement of why SBI Prime credit card is not worth applying anymore.

We get better rewards even on cashback credit cards now. So, all the effort to spend Rs 5 Lakhs to get Rs 7000 GV as annual milestone benefit does not look lucrative.

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If you are looking for simple cashback, then SBI Cashback card is a good alternate option. Or if you just want a SBI Card for the instant discount during sales, get the SimplyCLICK credit card.

Frequently Asked Questions

SBI PRIME Credit Card

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Fees & Charges
Features and Benefits
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3 thoughts on “SBI PRIME Credit Card”

  1. Sumedh Manohar Phadke

    I have this card and want to get rid of it. Any recommendations for an upgrade or a downgrade?
    They have been offering me Elite, but I don’t see the point of getting that one. Definitely not worth the fees they charge.

    What else could I do to not lose the credit limit?

  2. Mahesh S. Panicker

    SBI, after launching the Cashback Card, has really beeing losing it a bit. Really complicated T&C across cards, general devaluation, and extra charges being imposed. The cards do not have the same level of merchant offers either as it once used to be. After a good run like a private company, SBI Card’s true Sarkari colours are really showing of late.

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