The SBI PRIME Credit Card sits between SBI’s entry cards and its premium Elite card. It costs ₹2,999 + GST, but a ₹3,000 welcome voucher covers that in year one. After that, it earns 2.5% back on dining, groceries, departmental stores and movies, adds 12 lounge visits a year, and rewards steady spenders with quarterly and annual milestone vouchers.
How the rewards work
| Where you spend | Reward points | Value back |
|---|---|---|
| Dining, groceries, departmental stores, movies | 10 points per ₹100 | 2.5% |
| Other retail spends (excluding fuel) | 2 points per ₹100 | 0.5% |
| Birthday (day before, day of, day after) | 20 points per ₹100 | Up to 2,000 points a year |
Earns nothing on: fuel, which is excluded from reward points. It does get a 1% surcharge waiver on ₹500–₹4,000 transactions, up to ₹250 a month.
Milestones and welcome gift
| Benefit | Reward | How to get it |
|---|---|---|
| Welcome | ₹3,000 voucher (Bata, Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop or Yatra) | On paying the annual fee |
| Quarterly | ₹1,000 Pizza Hut voucher | Spend ₹50,000 in a quarter |
| Annual | ₹7,000 e-gift voucher (Yatra, Pantaloons and others) | Spend ₹5 lakh in a year |
What you would actually earn
Say you spend ₹20,000 a month on groceries, dining and movies and ₹15,000 on other shopping and bills. Points work out to about ₹500 + ₹75 = ₹575 a month. At ₹35,000 a month you also cross ₹1 lakh a quarter, earning four ₹1,000 Pizza Hut vouchers, and your ₹4.2 lakh a year clears the ₹3 lakh fee waiver. That is roughly ₹10,900 a year in value before lounges.
Other benefits
- Lounges: 8 domestic and 4 international complimentary visits a year, up to 2 per quarter.
- Memberships: complimentary Club Vistara Silver and Trident Red Tier.
- Fuel: 1% surcharge waiver on ₹500–₹4,000 petrol transactions, up to ₹250 a month.
Fees and charges
| Joining fee | ₹2,999 + GST (covered by ₹3,000 welcome voucher) |
|---|---|
| Annual fee | ₹2,999 + GST from the second year |
| Renewal fee waiver | Spend ₹3,00,000 or more in the previous year |
Eligibility
| Age | 21 to 65 years |
|---|---|
| Employment | Salaried or self-employed |
| Minimum income | ₹30,000 a month |
| Credit score | 650+ with no delayed payments in the last 12 months |
| First credit card? | Allowed for salaried applicants only |
Documents you will need
- Identity: PAN card (or Form 60)
- Address: Aadhaar, passport or a recent utility bill
- Income: latest salary slips or bank statements
- Photo: a recent passport-size photograph
How to apply
- Tap Apply on SBI Card site on this page to open SBI Card’s secure application.
- Fill in the form in the same session with your Aadhaar-linked mobile number, keeping your PAN handy.
- Complete e-KYC or video KYC from your current address when asked.
- Once your card arrives, activate it with a first transaction within 30 days.
Who should get it, and who shouldn’t
Get it if you spend ₹25,000 or more a month, much of it on groceries and eating out, and can comfortably reach ₹3 lakh a year to keep the card free.
Skip it if you spend less than ₹20,000 a month. You will pay ₹2,999 from year two without reaching the milestones, and a ₹499 card like SBI SimplySAVE will serve you better.
