State Bank of India
SBI PRIME Credit Card
4.3 / 5visa · mastercard · amex · rupay
- Joining fee
- ₹2,999
- Annual fee
- ₹2,999
- Base reward
- 0.5%
- Min income
- —
- Forex markup
- 3.5%
- Interest p.a.
- 45%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Dining | 2.5% | Uncapped |
| Groceries | 2.5% | Uncapped |
| Entertainment | 2.5% | Uncapped |
Benefits
- ▸Complimentary Priority Pass membership (4 international lounge visits/year, then USD 27/visit)
- ▸1 RP per ₹100 reward point ≈ ₹0.25 redemption value
- ▸1% fuel surcharge waiver (₹500–₹4,000, max ₹250/month)
- ▸Add-on cards for family
The good
- + 2.5% value back on dining, groceries, departmental stores and movies
- + Strong milestone benefits (Pizza Hut + Yatra/Pantaloons vouchers)
- + Domestic and international lounge access via Priority Pass
- + Welcome voucher worth ₹3,000 offsets first-year fee
The catch
- − Annual fee of ₹2,999 plus GST
- − Base earn rate only 0.5% outside bonus categories
- − Fee waiver needs high ₹3 lakh annual spend
- − Reward points have modest ₹0.25 redemption value