How to Easily Get SBI Prime Credit Card in 2021 Without A Good Cibil Score

By | September 2, 2021

SBI Prime Credit Card 2021 – SBI Card has entered into a partnership with American Express to provide exclusive advantages and privileges to Indian consumers SBI PRIME CARD was launched in the middle of 2017 and since its arrival on the market it has been one of the top premium credit cards in India. The SBI Premium credit card is a home of perks and benefits for buyers to enjoy. With reward points to be won on your groceries and other purchases, this card will win your hearts. Paired with trusted gift vouchers and travel benefits, you will find it hard to resist the temptation that this card brings to a user.

Also read Best Credit card for online shopping from Flipkart

Features and Benefits of SBI Prime Credit card

Welcome Bonus

After successful payment of Annual  fee users will get a gift voucher worth Rs. 3000 from the bank.  Users can redeem this voucher when he/she makes a  purchase  at Bata, Marks and Spencer, Hush Puppies, Pantaloons, Yatra.com and Shoppers Stop.

Birthday Benefit

With your SBI PRIME card, for each Rs.100 spent on your birthday, you will receive 20 reward points. This is subject to a max of 200 complimentary year.

Annual Fee Waiver

The annual credit card fee will be waived for expenditures of Rs.3 lakh or more during the preceding year.

Milestone Benefits

Earn a Pizza Hut voucher with a value of Rs.1,000 on purchases with a value of over Rs.50,000 within a quarter.

Get gift certificates from Pantaloons or Yatra worth Rs.7,000, out of expenses Rs.5 lakh or more in a year.

Travel Benefits

You will receive a free Trident Privilege Red Tier subscription and, under this offer, you may benefit from the following benefits: 

The user will receive 1000 greeting points during his first registration and 1500 bonus points during his first stay.

1,000 additional hotel credits for an extended night (use promotion code: SBITH)

Take advantage of a 10% instant discount on reservations via the hotel website.

10 points out of each Rs.100 spent when staying at participating hotels.

User will get a Club Vistara Membership and it includes following benefits:

Free subscription to the Vistara Silver Club.

1 complimentary upgrade ticket.

9 Club Vistara points for each Rs.100 expended on Vistara flights.

Offer valid for primary cardholders only

Lounge Access

4 free lounge tours per calendar year at International Priority Passes, outside India. Maximum 2 tours in one available quarter.

8 free lounge visits in a year to domestic lounges in India. Max 2 visits per quarter

Offer valid for main card holders only.

Free Insurance

Rs.50 lakh air accident insurance coverage and Rs.1 lakh credit card fraud liability coverage provided to primary cardholders.

Other Benefits for users

4 free rounds at Green Fees per year and 1 free golf course per month at certain courses in India.

Exclusive advantages in 900 luxury hotels all over the world.

American Express Dining Platform – Enjoy delicious food deals and a discount of up to 25% in your city.

Best Credit Card to Get Discount Offers on Online Shopping from Amazon 

Eligibility Criteria for SBI Prime Credit Card

Applicants have to meet certain criteria  to get the SBI Prime Credit card application approved. Check out the following criteria to know you are eligible or not:

Age Limit – 

  • For Salaried Person: 21 Years to 70 Years
  • For Self Employed Person: 25 Years to 70 Years

Minimum age for Add-on cardholder: 15 Years

The person who is applying for a Card must be an Indian citizen.

Applicants must own a good credit score.

Applicants should be able to provide all the useful documents at the time of verification.

Documents Required for SBI Prime Credit Card

Application ID that applicant received after online form submission. 

A photocopy of PAN card/Form 60.

Identity proof (One out of this list) PAN or Driving license or PAN Card, etc.

Proof of Income (One out of this list) Latest Salary slips Of 3 Months or Form 16 or Copy of IT return, etc.

Residence Proof (One out of this list) Passport or Ration Card or electricity bill or Aadhaar, etc.

A colored Passport size photograph of the applicant.

Fee and Charges of SBI Prime Credit Card

Joining Fee –  2,999 (one time)

Yearly Fee – 2,999 (Applicable from 2nd year) 

{Note – Yearly Fees can be waived if the user spends 3 lakh in a year.}

Add-on Card Fee – Nil (No charges)

No Interest Credit Period –  20-50 Days 

Product Finance Charges – Up to 3.35%/month (i.e, 40.2% per year)

Cash Advance Limit – Up to 80% of the credit limit, (max. Limit 15,000/ day)

Charges Cash Advance – 2.5% of transaction amount ( minimum  300)

International ATMs – Minimum  Rs. 300 (3% of the transaction)

Charges for Cash Bill Payment and Cheque Pickup –  100 for each time

Cheque Bounce Fee – 2% (minimum:  450)

Over Limit Charge – 2.5% of over limit amount (minimum Rs. 500)

Card replacement –  Rs. 100

Outstanding Payment Charges:

NIL for Total Amount due from Rs.0 – Rs. 200;

Rs. 100 for Total Amount due greater than Rs. 200 & up to  Rs. 500;

Rs. 400 for Total Amount due greater than  Rs. 500 & up to  Rs. 1000;

Rs. 600 for Total Amount due greater than  Rs. 1000 & up to  Rs. 10,000;

Rs. 800 for Total Amount due greater than  Rs. 10,000 & up to  Rs. 25,000;

Rs. 950 for Total Amount due greater than  Rs. 25,000

How to Apply for SBI Prime Credit Card

  • First of all to apply for SBI Prime Card you have to visit Official website of SBI Cards. 
  • Here you have to click on the SBI Prime Card option and it will take you to the features & benefits, eligibility criteria page.
  • Read all the necessary information carefully.
  • On top of this page there is a section called Apply Now for SBI Elite Credit Card, in this section you have to fill in your name, Email ID, City and Mobile Number. 
  • You will receive an OTP for verification on your entered phone number after that it will take you to the further application process.
  • Complete all the necessary fields correctly and submit your application form. 
  • You will get a verification call from the bank regarding your application. 
  • After that a bank executive will visit your current address to collect all the documents and for verification.

If the information you have produced is right, You will receive your card within 7-10 working days.

FAQs for SBI Prime Credit Card

  1. How many add-on cards are allowed with SBI  Prime Credit Card?

    A user can apply for a maximum of two add-on cards with SBI Prime card.

  2. In how many days will I get my physical card after successful approval of application?

    It normally takes 7 to 10 working days to deliver your physical card to your address.

  3. Is there any fee for SBI Prime Card replacement?

    Yes, If a customer wants a replacement of his/her card then they have to pay a fee of Rs.100.

  4. What is the interest rate on product finance through SBI Prime Credit Card?

    Customers have to pay up to 3.35%/month or 40.2%p.a. Interest rate on product financing.

  5. How to pay my SBI Prime Credit Card bill?

    You can pay your bill through various online methods like Net banking, PhonePe, PayTm, CRED etc. You can also enable auto deduction of credit card bills from your bank account.

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