State Bank of India Credit Cards : Review, Eligibility, Annual Fee

State Bank of India, the biggest state owned bank in the country has been offering some of the amazing facilities to the users. From being the most popular bank in rural and urban areas alike, SBI has a lot of other services to offer to the customers.

In the fast growing economy, where everyone is struggling to make the ends meet, credit cards have become a necessity. To cater to that necessity. all the banks have started to offer various kind of credit cards to customers. Cards which address various needs of customers including purchase of grocery, travel bookings, entertainment bookings, shopping online on eCommerce sites, paying utility bills etc.

Being one of the leading banks. SBI also has a wide range of credit cards to offer to its customers. SBI has always been known for being a customer friendly bank and that is one of the reasons it has a lot of categories of credit cards, to make sure that it could provide something to everyone, according to their needs.

State Bank of India provides credit cards in categories such as Lifestyle, Shopping, Travel, Rewards and Banking partnership. The wide range of credit cards under the mentioned categories come with different terms and conditions and different usage policy. They also have different perks to offer and different annual fee. In this post, I am going to talk in detail about features, review and eligibility of SBI credit cards. If you have any issue or query after going through the post, feel free to reach out to us in the comments section and we will try our level best to address the concern of yours. sbi credit card guide by financesmarti

SBI Lifestyle Cards

1. SBI Elite Credit Card & SBI Elite Advantage Credit Card – Being one of the premium cards offered by State Bank of India, SBI Elite card offers a lot to the customer. IT was initially known as SBI Signature Card, which was renamed and launched as the new Elite card in July 2016. Some of the perks which are attached with the card are listed below

• Welcome Gift – The SBI Card Elite comes with a welcome gift worth INR 5000. The welcome gift is in form of a voucher, which could be chosen among well-known brands such as Westside, Marks & Spencer, Shoppers Stop, Hush Puppies or BATA. INR 5000 worth services can also be redeemed at Yatra.com for travel related bookings.
• Complimentary Movie Tickets – Using the elite card, customers can get up to 24 free movie tickets worth INR 6000. Every month, the card can get you 2 movie tickets for online or offline bookings. Maximum discount on a ticket is INR 250.
• Reward Points and Annual Fee Waiver – Based upon usage, the customer can get up to 50,000 points worth INR 12,500 in a calendar year. Also, SBI provides 15,000 bonus reward points if the customer spends INR 5 lakh in a calendar year. Also, on reaching INR 10 lakhs in purchase in a calendar year, the annual fee is waived off. All the spends on the card worth INR 100 gets 2 reward points and every 4 reward points are worth 1 rupee. Customers can also pay their card outstanding using the reward points.
• Complimentary Lounge Access & Priority Pass Program – SBI Elite card gets you a complimentary airport lounge access at various locations of the country. Also, it gives you membership of priority pass program, using which, users can enjoy access to over 850 airport lounges across the globe.
• Lost Card & Fraud Liability Cover – If the SBI Elite card is stolen or lost and used by an unauthorized individual, the bank covers upto INR 1 lakh of liability, provided the loss is reported within 48 hours. Also, SBI offers emergency card replacement service to customers at various places.
• Cash Access Facility – SBI Elite Credit Card gives an option of withdrawing cash from over 1 million visa ATMs across the world.
• Add-On Cards – With this card, users can also apply for add-on card for their family members who are over 18 years of age.
• Annual Fee – SBI Elite Credit card comes with an annual fee of INR 4999 and the renewal fee after a year remains the same. The annual fee is waived off if the customer spends over 10 lakh in a calendar year.

SBI Reward Cards

State Bank of India provides a number of cards on which users can claim rewards. These rewards can then be redeemed on a number of merchant websites and locations. SBI has partnered with a lot of providers, who make it easier and fun to cash on the reward points. The rewards cards offered by SBI include the following cards

1. SBI Card Prime
2. SBI Card Prime Advantage
3. SBI Platinum Card
4. SBI Advantage Platinum
5. Tata Platinum Card
6. Tata Titanium Card

1. SBI Card Prime & SBI Card Prime Advantage – Being one of the best cards offered by State Bank of India in rewards category, SBI prime cards offer a lot to the customer. This card provides the best value for your spends with rewards in a number of categories. Some of the perks which are attached with the card are listed below

• Welcome Gift – The SBI Card Prime and Prime Advantage come with a welcome gift worth INR 3000. The welcome gift is in form of a voucher, which could be chosen among well known brands such as Westside, Marks & Spencer, Shoppers Stop, Hush Puppies or BATA. INR 3000 worth services can also be redeemed at Yatra.com for travel related bookings.
• Reward Points and Annual Fee Waiver – Based upon usage, the customer can get upto 40,000 points worth INR 10,000 in a calendar year. These cards are the best for earning rewards. The rewards can be redeemed to pay the outstanding on the SBI card as well. Every reward point is equal to 25 paise. SBI gives 20 rewards points on every 100 rupees spent while paying utility bills. Also, on a number of supermarket purchases, like Reliance Fresh, Reliance Trends, BigBasket, Sahkari Shops, Reliance Footprints and Reliance trends, users get 15 reward points on every 100 rupees spent. On other departmental stores, movies and grocery purchases, the users get 10 reward points on every 100 rupee purchase. Along with this, the users also get 2 reward points on every single purchase apart from the ones mentioned above. t also includes fuel surcharge waiver.Users get a Pizza Hut voucher worth ₹1000 when they spend ₹50,000 in a calendar year. Also, spending 3 lakhs in a calendar year gets renewal fee waiver and on spends of ₹5 lakh a year, users get a coupon of ₹7,000 from Yatra.com or Pantaloons. Also, especially on the birthday of the primary cardholder, the card gets you 20 reward points on every ₹100 spent.
• Complimentary Lounge Access & Priority Pass Program – SBI rewards card gets you a complimentary airport lounge access at various locations of the country. Also, it gives you membership of priority pass program, using which, users can enjoy access to over 850 airport lounges across the globe.
• Trident Privilege Membership : SBI Card Prime, comes with a complimentary Trident Privilege Membership. Under this, users can enjoy benefits of red tier membership of Trident Privilege. It also provides 1000 reward points on registration and additional 1500 reward points when you stay for the first time with trident.
• Club Vistara Membership : The rewards list on this card does not seem to stop. It also gets you a Vistara silver membership. Under which, the users are entitled to get access to Vistara lounge along with one upgrade pass. The upgrade pass lets you upgrade your Vistara ticket from economy to a higher class for free. Also, spending ₹100 on booking Vistara flights gets you 9 reward points.
• Lost Card & Fraud Liability Cover – If the SBI Card Prime is stolen or lost and used by an unauthorised individual, the bank covers upto INR 1 lakh of liability, provided the loss is reported within 48 hours. Also, SBI offers emergency card replacement service to customers at various places.
• Cash Access Facility – SBI Card Prime gives an option of withdrawing cash from over 1 million visa ATMs across the world.
• Add-On Cards – With this card, users can also apply for add-on card for their family members who are over 18 years of age.
• Annual Fee – SBI Card Prime comes with an annual fee of ₹2999 and the renewal fee after a year remains the same. The annual fee is waived off if the customer spends over 3 lakh in a calendar year.

2. SBI Platinum Card and SBI Platinum Card Advantage

SBI Platinum Cards are yet another offering from the state bank of India to the users who love getting rewarded for their spends. These cards get you 5x reward points on grocery shopping and supermarket spends. It comes with an annual fee of ₹2999. Let’s have a look at the best perks which come along with the Platinum cards

• Welcome Gift – The SBI Platinum cards come with a welcome gift worth ₹3000. The welcome gift is in form of a voucher, which could be chosen among well known brands such as Westside, Marks & Spencer, Shoppers Stop, Hush Puppies or BATA. INR 3000 worth services can also be redeemed at Yatra.com for travel related bookings.
• Reward Points and Annual Fee Waiver – This card gets you 5x reward points on grocery and departmental purchases. Also, spends of ₹2 lakh gets your renewal fee waived for the next year.
• Complimentary Lounge Access & Priority Pass Program – SBI Platinum Card gets you a complimentary airport lounge access at various locations of the country. Also, it gives you membership of priority pass program, using which, users can enjoy access to over 850 airport lounges across the globe.
• Lost Card & Fraud Liability Cover – If the SBI Platinum card is stolen or lost and used by an unauthorised individual, the bank covers upto INR 1 lakh of liability, provided the loss is reported within 48 hours. Also, SBI offers emergency card replacement service to customers at various places.
• Cash Access Facility – SBI Platinum Credit Card gives an option of withdrawing cash from over 1 million visa ATMs across the world.
• Add-On Cards – With this card, users can also apply for add-on card for their family members who are over 18 years of age.
• Annual Fee – SBI Elite Credit card comes with an annual fee of INR 2999 and the renewal fee after a year remains the same. The annual fee is waived off if the customer spends over 2 lakh in a calendar year.

3. Tata Platinum Card & Tata Titanium Card

These cards are co-branded by SBI and Tata. These cards gets a lot of offers while spending on Tata outlets and products. They also include Tata Star Platinum Card and Tata Star Titanium Card. The perks of these cards are mentioned in the below list

1. SBI Tata Platinum Card & SBI Tata Titanium Credit Card – Being one of the premium cards offered by State Bank of India, SBI Elite card offers a lot to the customer. IT was initially known as SBI Signature Card, which was renamed and launched as the new Elite card in July 2016. Some of the perks which are attached with the card are listed below

• Welcome Gift – The SBI Card Elite comes with a welcome gift worth ₹2000. The welcome gift is in form of a voucher, which could be chosen among well-known brands such as Westside, Marks & Spencer, Shoppers Stop, Hush Puppies or BATA. ₹2000 worth services can also be redeemed at Yatra.com for travel related bookings. The welcome gift also includes a set of 500 empower points.
• Reward Points and Annual Fee Waiver – Spends on grocery and departmental stores gets you 3x reward points with Tata co-branded cards. Also, spending on Tata and Croma outlets with Tata Star and Tata Croma credit cards, users can avail upto 5% cash back on the total purchase. Annual fee can also be waived off in the form of online vouchers.
• Complimentary Lounge Access & Priority Pass Program – SBI Elite card gets you a complimentary airport lounge access at various locations of the country. Also, it gives you membership of priority pass program, using which, users can enjoy access to over 850 airport lounges across the globe.
• Lost Card & Fraud Liability Cover – If the SBI Elite card is stolen or lost and used by an unauthorized individual, the bank covers upto INR 1 lakh of liability, provided the loss is reported within 48 hours. Also, SBI offers emergency card replacement service to customers at various places.
• Cash Access Facility – SBI Elite Credit Card gives an option of withdrawing cash from over 1 million visa ATMs across the world.
• Add-On Cards – With this card, users can also apply for add-on card for their family members who are over 18 years of age.
• Annual Fee – SBI Elite Credit card comes with an annual fee of ₹2000 and the renewal fee after a year remains the same. The annual fee is waived off if the customer spends over 2 lakh in a calendar year.

SBI Chopping Cards

1. SimplyCLICK SBI Card & SimplyCLICK Advantage SBI Card – The variants of SimplyCLICK SBI Card are targetted for the middle-class customers and the first time credit-card users. These cards come bundled with a number of benefits and cashback options. The annual fee of SimplyCLICK SBI Credit card is just ₹499 and that is waived off if the user spends over ₹100,000 in a calendar year. These cards are being marketed for the integration of NFC, which lets you pay at the departmental stores by just touching your card to the Point of Sale terminal. Let’s have a look at other details of these cards

• Welcome Gift – The SimplyCLICK SBI Card comes with a welcome gift worth ₹1200. The welcome gift is in form of a number of vouchers, which include Amazon, Bookmyshow and Zoomcar. With the welcome kit, the users get an Amazon voucher worth ₹500 and ₹100 rupee off on booking first movie ticket using bookmyshow. The card also gets you ₹600 off when you make a booking on zoomcar. On annual spends of 1 lakh and 2 lakh respectively, the users also get eligible to get online vouchers worth INR 2000.
• Reward Points and Annual Fee Waiver – Spends on online platforms gets you 5x reward points with these cards. Also, spending on Amazon / BookMyShow / Cleartrip / Foodpanda / Lenskart / OLA / Zoomcar, users can avail upto 10x rewards point. Annual fee can also be waived off on spends of over ₹100,000 in a calendar year.
• Cash Access Facility – SimplyCLICK SBI Card gives an option of withdrawing cash from over 1 million Visa ATMs across the world.
• Balance transfer on EMI – Using this card, you can transfer your complete outstanding to simple EMIs and pay them later.
• Add-On Cards – With this card, users can also apply for add-on card for their family members who are over 18 years of age.
• Annual Fee – SimplyCLICK SBI Card comes with an annual fee of ₹499 and the renewal fee after a year remains the same. The annual fee is waived off if the customer spends over 1 lakh in a calendar year.

2. SimplySAVE SBI Credit Card & SimplySAVE Advantage SBI Card – The variants of SimplySAVE SBI Card are targetted for the middle-class customers and the first time credit-card users. These cards come bundled with a number of benefits and cashback options. The annual fee of SimplySAVE SBI Credit card is just ₹499 and that is waived off if the user spends over ₹90,000 in a calendar year. Let’s have a look at other details of these cards

• Welcome Gift – The SimplyCLICK SBI Card comes with a welcome gift worth ₹1200. The welcome gift is in form of a number of vouchers, which include Amazon, Bookmyshow and Zoomcar. With the welcome kit, the users get an Amazon voucher worth ₹500 and ₹100 rupee off on booking first movie ticket using bookmyshow. The card also gets you ₹600 off when you make a booking on zoomcar. On annual spends of 1 lakh and 2 lakh respectively, the users also get eligible to get online vouchers worth INR 2000.
• Reward Points and Annual Fee Waiver – Spends on online platforms gets you 5x reward points with these cards. Also, spending on Amazon / BookMyShow / Cleartrip / Foodpanda / Lenskart / OLA / Zoomcar, users can avail upto 10x rewards point. Annual fee can also be waived off on spends of over ₹100,000 in a calendar year.
• Cash Access Facility – SimplySAVE SBI Card gives an option of withdrawing cash from over 1 million Visa ATMs across the world.
• Balance transfer on EMI – Using this card, you can transfer your complete outstanding to simple EMIs and pay them later.
• Add-On Cards – With this card, users can also apply for add-on card for their family members who are over 18 years of age.
• Annual Fee – SimplySAVE SBI Card comes with an annual fee of ₹499 and the renewal fee after a year remains the same. The annual fee is waived off if the customer spends over 90 thousand in a calendar year.