Hot Deal

SBIcards launches PRIME card targeting the young and affluent

1792°
Deal Cadet
umarkumar

SBI Prime / Prime advantage cards launched.
VISA Signature.
https://www.google.co.in/amp/www.moneycontrol.c...

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Perfectionist Perfectionist
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Seems like a superb card to have.

Also visible on Sbicard.com: https://www.sbicard.com/en/personal/credit-card...

Here is my quick review.

Pros:

(1) Redemption of reward points for statement credits (4 points = 1 rupee).

(2) 5% cashback for utility bill payments through SI (via 20 reward points per 100 spent).

(3) 3.75% cashback for BigBasket and Reliance grocery stores (via 15 reward points per 100 spent).

(4) 2.5% cashback on Dining, Groceries, Departmental stores and Movies (via 10 reward points per 100 spent).

(5) Welcome benefit of 3K voucher offsets the joining fee and renewal fee is waived off on spends of 3 lacs.

(6) 5% cashback for all spends on cardholder’s birthday. https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif

(7) Milestone benefits: 1K PizzaHut GV every quarter on spends of 50K per quarter (i.e. total PizzaHut vouchers worth 4K). 7K Yatra/Pantaloons voucher on spends of 5 Lacs annually.

(8) 4 complimentary Priority Pass visits per year (2 per quarter).

(9) Club Vistara Silver membership + 1 lounge access voucher (business class) + 1 upgrade voucher.


Cons:

(1) Only 0.5% cashback on spends at categories/merchants not included above (via 2 reward points per 100 spent).


CC @A2Zdeals @disclaimer @ghitesh @psinghal

Update at 12:55pm — Overall rewards on spends of 5 lacs: 11K vouchers + 12500 cashback (assuming average earn @ 2.5%) = 4.7%

Deal Lieutenant Deal Lieutenant
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Plus trident membership

Reliance fresh visa paywave 20pc discount offer also applicable if you get visa card.

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Analyst Analyst
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Its debit or credit card ?

Deal Lieutenant Deal Lieutenant
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Credit

Perfectionist Perfectionist
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card annual charge???

Deal Lieutenant Deal Lieutenant
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2999 plus taxes

Helpful Helpful
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Bookmarked, Looks very useful.

Deal Subedar Deal Subedar
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Looks good, joining fees Rs. 2999/- + taxes. @Cricket4all

Welcome e-gift Voucher worth ₹ 3,000 from any of the following brands: Bata/Hush Puppies, Marks and Spencer, Pantaloons, Shoppers Stop and Yatra.com

Renewal fee Rs. 2999+taxes, waived if annual spends > 3 lacs.

Perfectionist Perfectionist
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then it’s out of budget for me…
as well as most of the dimers..

we are here to look for the deal for which we have to pay either nothing or very least price. 2999/- as annual charge is way to high

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Deal Cadet Deal Cadet
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Can any one help me to select one sbi card having Rs.499 annual payment ? Main purpose online/offline shopping.
Preferences – Unnatti • sbi click • sbi simple pay

Deal Cadet Deal Cadet
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If the 5% reward rate on Birthday spends is truly unlimited and unconditional, one can dream of making just one big splurge a year, on this card, and save up for paying this spend in the months leading upto it. https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Edit: Edited out some self centricity.

Pro Entertainer Pro Entertainer
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Birthday 🎂 means Umar change
जब उम्र बढ़ती है, जिम्मेदारियाँ भी बढ़ती है
तब कुमार से मिस्टर हो जाओगे
Wish you a very Happy Birthday in advance https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
#jk

Pro Entertainer Pro Entertainer
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Few people don’t like when rewards pour
For them grapes 🍇 are always sour
This is for that nice fellow who has voted down this informative thread

Deal Subedar Deal Subedar
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Really Superb

Benevolent Benevolent
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SBI cards are offered by an NBFC JV in which SBI is merely lending its name and the management is done by GE Money. They are not covered by RBI Banking Ombudsman redressal mechanism as they are not bank product. Take at your own risk.

Pro Entertainer Pro Entertainer
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GE money is on its way out
SBI is majority shareholder
SBI being the giant they always brand products with their name
SBI life insurance, sbi general insurance, sbi mutual fund everywhere they have partners & that is for product management, technology etc
So does that reduce sbi stake?
SBI is 3rd largest card issuer in country
Bank or nbfc all are covered under RBI for card issuance, none is free
So don’t just spread any thing
https://www.google.co.in/url?sa=t&source=web&rc...
https://www.google.co.in/url?sa=t&source=web&rc...
https://www.google.co.in/url?sa=t&source=web&rc...

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Deal Lieutenant Deal Lieutenant
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Birthday = a day before birthday, birthday and a day after birthday

Deal Subedar Deal Subedar
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Is it so ?? https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

Can i have 2 SBI Credit cards at same time? Already have Simply Click which i got on APRIL 2nd 2017 . Would like to apply for PRIME too.

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Deal Subedar Deal Subedar
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Thankyou for the Information. https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
@DealSeeker @A2Zdeals

Hav multi cards in SCB.

@A2Zdeals as per DealSeeeker after 6 months with SBI we can have multicards. Can u confirm again. or is it One Only Dealseeker.
Pro Entertainer Pro Entertainer
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Yes you can
My experience was dated as they had denied me few years back. may be the executive wasn’t aware

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Deal Subedar Deal Subedar
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Looks good https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Deal Lieutenant Deal Lieutenant
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Anyone applied and received?

Perfectionist Perfectionist
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I was told that they will start processing applications for the Prime card only from the 1st of July even though they started accepting the applications in June itself.

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Deal Lieutenant Deal Lieutenant
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Standard priority pass membership complimentary for first two years

Deal Cadet Deal Cadet
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Can someone please compare this card with icici coral debit card, thanks

Deal Major Deal Major
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Icici coral card has hard to get BMS 1on1 offer and lounge access for mastercard otherwise I don’t see any benefit there. About SBI prime card you can refer main post and can see this one edges over a coral card from ICICI

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Deal Lieutenant Deal Lieutenant
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Visa signature card but BMS weekend blockbuster offer is not applicable.

Deal Cadet Deal Cadet
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Which card N/W is good for offers. Visa or master? @DealSeeker @enapster @Paisa_de

Critic Critic
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Honestly, I haven’t noticed because I have both. Notwithstanding the aforesaid, no one can tell what the future holds! If possible have at least one of each.

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Deal Lieutenant Deal Lieutenant
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Reluctantly, but finally(escalated complaint up to CEO) SBI has enabled BMS Visa Blockbuster offer for Visa variant of the card.

Finance Mentor Finance Mentor
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You can have 2 cards with SBI – 1 Secured and 1 Unsecured. I have SimplyClick and Prime.

On another note, has anybody received the pizza hut voucher on completing spends of 50k/quarter?

Deal Cadet Deal Cadet
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Received Pizzahut voucher https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Deal Subedar Deal Subedar
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how to redeem points as cash against statement?

Deal Newbie Deal Newbie
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t & c for the welcome voucher simply discount of 3k ?

Deal Subedar Deal Subedar
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Yeah I too wish like to know about conditions of yatra vouchers. 3000Rs flat discount on any travel in Yatra right?

Also wat about Milestone rewards of 7000Rs wat it’s validity & any other terms n conditions?

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Vanguard Vanguard
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December 10, 2018
With effect from 10th Jan’ 19, benefit of 15 Reward Points per 100 spent at any store
of Reliance Fresh, Reliance Smart, Reliance Trends, Reliance Footprints & Sahakari Bhandar
would be discontinued.
@itzdreaming @A2Zdeals @DealSeeker
@umarkumar

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