Reliance SBI Card PRIME

The Reliance SBI Card PRIME is a premium co-branded card offered by SBI Card in partnership with Reliance Retail, offering many benefits like accelerated rewards, Reliance Retail Stores welcome and milestone vouchers, and complimentary airport lounge access.

Here is the comparison table between Reliance SBI Card PRIME and SBI Prime Credit Card

Welcome Benefits

• Additional discount vouchers worth Rs. 11,999. 
• Gift vouchers can be redeemed only at participating Reliance Retail Stores.
• Vouchers will be delivered within 30 days after joining fee realisation.

Milestone Benefits

• Reliance Retail Voucher worth Rs. 1,500 on annual spends of Rs. 75,000 at participating Reliance Retail Stores.
• Reliance Retail Voucher worth Rs. 2,250 on annual spends of Rs. 1,50,000 at participating Reliance Retail Stores.
• Reliance Retail Voucher worth Rs. 5,000 on annual spends of Rs. 3,00,000 at participating Reliance Retail Stores.
• Gift vouchers can be redeemed only at participating Reliance Retail Stores.
• Annual fee is reversed on annual spends of Rs. 3 Lakhs or above. 

Reward Points

• It is one of the best cash back credit cards offering 20 reward points on spending per Rs. 100 on AJIO and JioMart Online Stores (except on UPI Payments).
• 10 reward points on spending per Rs. 100 on other participating Reliance Retail Stores (except on UPI Payments).
• 5 reward points on spending per Rs. 100 on dining, movies, entertainment, and domestic airlines & international.
• 2 reward points on spending per Rs. 100 on other retail purchases (except fuel, property rental & wallet upload).
• 1 Reward Point = Rs. 0.25.

Movie Ticket Offer

• Get 1 free movie ticket (up to Rs. 250) on BookMyShow app and website.
• Offer can be availed once a month per card (movies only).
• Offer available on all days of the week.
• Offer valid till 31.03.2031.

International Lounge Program

• Complimentary Priority Pass membership worth $99.
• 4 complimentary international airport lounge visits per year (up to 2 visits per quarter).
• Access available at 1000+ airport lounges worldwide.
• After complimentary visits, a usage fee of $27 + taxes will be levied.
• Complimentary Priority Pass membership will be valid for 2 years only. 

Domestic Lounge Program

• This one of the best RuPay credit cards offers 2 complimentary domestic airport lounge visits per quarter in India.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver at all petrol pumps in India.
• Applicable on transitions between Rs. 500 to Rs. 4,000.
• Maximum waiver available of up to Rs. 100 per statement cycle.

Mastercard Network Privileges

• Up to 12% instant off on hotel bookings worldwide via Agoda
• Up to 15% off at Apollo Pharmacy.
• Up to 15% discount on Room Bookings & F&B at Lalit Hotels

Rupay Network Privileges

• Up to 15% cashback on hotels & flight bookings at MakeMyTrip.
• Up to 20% off on ZoomCar.
• Up to 15% off on Shopping at Lifestyle Stores

• 20 reward points on spending per Rs. 100 on AJIO and JioMart Online Stores (except on UPI Payments).
• 10 reward points on spending per Rs. 100 on other participating Reliance Retail Stores (except on UPI Payments).
• 5 reward points on spending per Rs. 100 on dining, movies, entertainment, and domestic airlines & international.
• 2 reward points on spending per Rs. 100 on other retail purchases (except fuel, property rental & wallet upload).
• 1 Reward Point = Rs. 0.25.
• Accumulated reward points can be redeemed for Reliance Retail vouchers to be used across participating group storefronts.

• Joining fee: Rs. 2,999 + taxes
• Annual fee: Rs. 2,999 + taxes; Reversed on annual spends of Rs. 3 Lakh or more in the preceding year.
• Add-on card fee: Nil.
• Cash payment fee: Up to Rs. 250 + applicable taxes.
• Finance charges: Up to 3.75% per month (45% per annum).
• Late payment charges: Nil - Rs. 1,300 (depends on outstanding amount). An additional fee of Rs. 100 will be levied on missing MAD payment by the due date for 2 consecutive cycles. 
• Over limit fees: 2.5% of the overlimit amount exceeding the credit limit or Rs. 600, whichever is higher.
• Payment dishonor fee: 2% of payment amount (minimum Rs. 500).
• Utility payment fee: 1% if the sum of all utility payments exceeds Rs. 50,000 in a billing cycle.
• Rewards redemption fee: Rs. 99 + applicable taxes.
• Card replacement fee: Rs. 100 - Rs. 250.
• Cheque payment fee: Rs. 200 + applicable taxes.
• Foreign currency transaction/ dynamic currency conversion fee: 3.5%.
• Processing fee on all rent payment transactions: Rs. 199.
• Balance transfer rate of interest: Up to 1.7% p.m. (20.40% p.a.).

Although your SBI credit card eligibility is based on multiple factors assessed by SBI, there are certain basic criteria to be fulfilled by all applicants:

• Minimum age: 21 years.
• Maximum age: 70 years.
• Occupation: Salaried or self-employed.
• Other criteria: Must have a regular source of income, good credit score (ideally 750 or higher), etc.

The following documents will be required to apply for a Reliance SBI Card PRIME:

• PAN Card
• Copy of Aadhaar Card (with masked first 8 digits)/ any valid government address proof.
• Income documents such as Salary Slip, Income Tax Return, etc., may be required depending on the credit card eligibility and policy.

For a detailed list of required documents you may visit the official website of the bank.

Here are the steps to apply for any SBI Credit Card online on SBI website:

• Visit the ‘Credit Cards’ page on SBI’s official website and select the preferred card from the category that suits your requirement.
• Click on the ‘Apply Now’ button and fill-in the E-Apply or online application form.
• Click the ‘Submit’ button and you will get an instant decision on your application basis the information provided.
• Once your application is approved, you will receive a call from the SBI Card team for verification.
• After necessary verification, the card will be issued to you.

Pros

• Discount vouchers worth Rs. 11,999 as a welcome benefit. 
• Vouchers worth Rs. 8,750 on minimum annual spends of Rs. 3 Lakhs. 
• Annual fee reversal on annual spends of Rs. 3 Lakhs or above. 
• No issuance fee for add-on cards
• 20 reward points on spending per Rs. 100 on AJIO & JioMart Online Stores and 10 reward points on spending per Rs. 100 on other participating Reliance Retail Stores (except on UPI Payments).
• 5 reward points on spending per Rs. 100 on dining, movies, entertainment, and domestic airlines & international.
• 2 reward points on spending per Rs. 100 on other retail purchases (except fuel, property rental & wallet upload).
• 1 free movie ticket (up to Rs. 250) on BookMyShow app and website.
• 4 complimentary international airport lounge visits per year and 2 complimentary domestic airport lounge visits per quarter in India.
• 1% fuel surcharge waiver at all petrol pumps in India.
• Attractive Mastercard and Rupay network privileges.

Cons

• All gift vouchers can be redeemed only at participating Reliance Retail Stores.
• Reward points cannot be earned on UPI payments.
• Low redemption ratio of 4 Reward Points = Rs. 1. 
• If you are looking for an entry-level card or lifetime free credit cards,this card is not for you as it involves a high joining and renewal fee of Rs. 2,999 + taxes.
• Annual fee waiver requires a substantial annual spend of Rs. 3 Lakhs.

The Reliance SBI Card PRIME is best suitable for those shoppers who shop at Reliance Retail Stores frequently. If you are a retail shopper, lifestyle spenders, and traveler who wants maximum value on a credit card with an annual fee of Rs. 2,999 plus taxes, you can avail of this SBI credit card.

• Call: 1860 500 1290/ 1860 180 1290
• Email: customercare@sbicard.com
• Write to: SBICPSL, Post Bag No. 28, GPO, New Delhi - 110001

Yes. Although this card offers welcome and milestone gift vouchers that can be redeemed only at participating Reliance Retail Stores, it offers several benefits for non-Reliance shoppers, such as: 

• Annual fee is reversal on annual spends of Rs. 3 Lakhs or above
• 20 reward points on spending per Rs. 100 on AJIO and JioMart Online Stores (except on UPI Payments)
• 5 reward points on spending per Rs. 100 on dining, movies, entertainment, and domestic airlines & international
• 2 reward points on spending per Rs. 100 on other retail purchases (except fuel, property rental & wallet upload).
• 1 free movie ticket (up to Rs. 250) on BookMyShow app and website, once a month per card. 
• Complimentary Priority Pass membership worth $99 with 4 complimentary international airport lounge visits per year at 1000+ airport lounges worldwide.
• 2 complimentary domestic airport lounge visits per quarter in India.
• 1% fuel surcharge waiver at all petrol pumps in India.
• Several Mastercard and Rupay network privileges.