The State Bank of India provides several unique premium credit cards for those looking for more benefits, VIP treatment and improved rewards. All of these carefully made plans cover different needs and give a lot for their yearly fees.
SBI Card ELITE
The SBI Card ELITE is the bank’s chief card, created for those who value accompanying lifestyle benefits. In exchange for an annual fee of ₹4,999 (including GST), users benefit from Carderr’s well-selected rewards package.
1. Key Features:
- Receive a welcome gift: E-voucher good for ₹5,000 at partner brands
- The available credit limit is ₹4 lakhs at a minimum, and it gets higher for most premium customers.
- You will earn 2 reward points for every ₹100 spent.
2. Entertainment Benefits:
- Free movie tickets worth ₹6,000 each year, or two tickets issued monthly
- You are eligible for four vouchers worth ₹500 every quarter when you spend enough on BookMyShow
- Discounts are available at recreation and entertainment venues that work with us
3. Travel Privileges:
- Priority Pass membership is given for free
- 8 times each year, you can use an international lounge.
- Only used airport lounges for 12 visits in the last year
- Your air accident insurance is up to ₹50 lakhs.
- Complete protection from loss for up to 100%
4. Rewards Structure:
- Get 5X rewards on every dollar you spend on dining and department store items.
- You get milestone benefits when you spend ₹3 lakh or more (6,000 bonus points).
- You’ll earn another benefit at ₹4 lakh spent, by getting 6,500 bonus points.
- The annual fee will be waived when you spend more than ₹5 lakhs.
SBI Card PRIME
You can enjoy excellent benefits by applying for the SBI Card PRIME, but you only need to pay an annual fee of ₹2,999 plus GST. This credit card works wonderfully for those who want extra rewards on regular daily purchases.
1. Key Features:
- The payment is ₹2,999 each year in addition to GST.
- Welcome bonus: An e-gift voucher with a value of ₹3,000
- Credit limit: Usually providing a limit of ₹2 lakhs
2. Enhanced reward structure:
- Get 20 reward points for paying your utility bills with CyberPoint.
- Every ₹100 you spend online gets you 15 reward points.
- 10 reward points are earned for every ₹100 you spend at restaurants and on groceries.
- Earn reward points for everything else you buy at retail stores.
- On your birthday, you get 20 points for every ₹100 spent with the card.
3. Travel Benefits:
- You are allowed up to 6 visits to participating domestic airport lounges a year.
- Insurance for travellers covers up to ₹10 lakhs.
- You get 1% of your purchase back as a waiver when you buy between ₹500-₹3,000 with your card.
4. Lifestyle Perks:
- Up to 15% off your meal bill at some restaurants.
- At specific courses, the green fee is waived two times a year.
- You do not have to pay the annual fee when you spend over ₹3 lakhs annually.
Also read: Most Beginners Make These 10 Credit Card Mistakes – Are You One of Them?
Doctor’s SBI Card
Instead of the standard premium cards offered, the Doctor’s SBI Card is designed for healthcare professionals and provides unique perks at a less expensive fee.
1. Key Features:
- You’ll pay an annual fee of ₹1,499 + GST.
- The coverage for Professional Indemnity Insurance is ₹20 lakhs.
- The starting credit limit is usually ₹1.5 lakhs, depending on what your checks show about your income.
2. What Are The Benefits?
- You will earn 10 reward points for every ₹100 you spend on medical equipment and supplies.
- 5 rewards points are earned for every ₹100 you spend on other retail items.
- Professional Indemnity with a limit of ₹20 lakhs
- ₹5 lakhs of personal accident insurance
- Offers on medical equipment buying
- Healthcare providers can call a specific customer service hotline.
- You will not pay an annual fee if your spending exceeds ₹1.5 lakhs each year
Recent Program Changes
How Club Vistara SBI Card is Changing?
- The cancellation of complimentary ticket vouchers
- Members now earn fewer points for spending money on Club Vistara, changing from 15 Club
- Vistara Points to 10 points for every 100 rupees spent.
- The renewal fee that existing cardholders may be charged is waived.
- Quarterly milestone benefits have been introduced.
Steps to Modify Your Air India SBI Card
- Introducing discounts instead of flight ticket vouchers
- Customers now only receive 10 reward points per ₹100 purchased with Air India (instead of 30 per ₹100).
- There are new cashback choices from month to month when you hit certain spending levels.
- Various new ways to redeem points with loyalty programs
Conclusion
Premium cards from SBI provide both ease of payment and exciting opportunities for customers through carefully prepared special rewards. If travel privileges, entertainment or professional insurance are important to your lifestyle, there’s a premium version for you. Simply making purchases that suit your style and good use of perks can make the annual cost well worth it. Among the many credit cards available, SBI’s premium collection is distinguished by the practical benefits it gives to everyday banking.
Written by Promita Ghosal
