Karur Vysya Bank SBI Platinum Credit Card
Karur Vysya Bank (in association with SBI Bank)
Last updated: Feb 03, 2026
₹2,999
₹2,999
2.5%
8 visits/yr
Contents
A co-branded Karur Vysya Bank and SBI Cards platinum offering tailored for frequent travellers and lifestyle spenders. The card combines reward points on everyday spends, lounge access benefits and targeted milestone gifts. It suits neo-affluent customers seeking premium privileges with strong retail acceptance.
Features of Karur Vysya Bank SBI Platinum Credit Card which makes it unique
Spend Rewards
Bonus rewards for meeting annual spend bands
Extra value for high spenders
Competitive with other co-branded platinum cards
Rewards Structure of Karur Vysya Bank SBI Platinum Credit Card
Milestones of Karur Vysya Bank SBI Platinum Credit Card
Annual Spend Reward
₹4,00,000 : Gift vouchers/bonus points (value subject to T&Cs)
Higher Annual Spend Reward
₹5,00,000 : Additional gift vouchers/bonus points (value subject to T&Cs)
Fees & Charges of Karur Vysya Bank SBI Platinum Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹2,999 |
| Annual Fee | ₹2,999 |
| Forex Markup Fee | 2.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Renewal gift vouchers on meeting annual spend targets; waiver options subject to T&Cs.
Fee Explanation Standard bank rates and applicable taxes apply for fees and overdue amounts. See issuer T&Cs for details.
Detailed Explanation of Karur Vysya Bank SBI Platinum Credit Card Fees
Annual Fee: 2,999 (yearly)
Annual fee payable; renewal gift or waiver on meeting spend thresholds as per T&Cs.
Renewal Fee: 2,999 (yearly)
Renewal fee applicable; renewal gifts available on qualifying spends.
Add-on Card Fee: 0 (yearly)
Add-on cards complimentary (subject to issuer policy).
International Lounge Usage Fee: $27 (per visit)
Usage fee applied for some Priority Pass lounges as per issuer.
Lounge Access Benefits with Karur Vysya Bank SBI Platinum Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Complimentary domestic lounge access as per issuer schedule and T&Cs.
international Lounges
silverVisits per year: 0
Guest access: Yes
Complimentary Priority Pass membership offered; some visits may attract per-visit fees.
Insurance Coverage with Karur Vysya Bank SBI Platinum Credit Card
Travel insurance
VariesCoverage on international trips as specified by issuer.
Purchase protection
VariesSubject to transaction and claim T&Cs.
Additional Features of Karur Vysya Bank SBI Platinum Credit Card
Contactless Payments
Tap-to-pay enabled for in-person transactions
Balance Transfer on EMI
Convert outstanding balances to EMIs at competitive rates
Subject to approval and eligibility.
Welcome Bonus with Karur Vysya Bank SBI Platinum Credit Card
Welcome Bonus: Gift vouchers worth ₹3,000
Bonus Conditions: Welcome gift issued after payment of annual fee; eligibility and T&Cs apply.
Application Process for Karur Vysya Bank SBI Platinum Credit Card
Processing Time
5-10 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via Karur Vysya Bank or SBI Card portal
Upload KYC and income documents
Receive verification call and credit assessment
Card dispatched within 7–10 business days after approval
Required Documents for Karur Vysya Bank SBI Platinum Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Karur Vysya Bank SBI Platinum Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India
International Acceptance
Accepted globally on Visa network
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Karur Vysya Bank SBI Platinum Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
650+
Citizenship
Indian resident
Income Requirements
Salaried Applicants
₹66,667
Minimum annual income
Self-Employed Applicants
₹80,000
Minimum annual income
Who Can Apply
Important Conditions
- Valid PAN and KYC documents required; eligibility subject to bank verification.
How Approval Is Decided
- Minimum income and eligibility per issuer
- Indian resident
- Satisfactory credit history
Pros of Karur Vysya Bank SBI Platinum Credit Card
- Strong reward rates on lifestyle categories
- Complimentary lounge and Priority Pass benefits (subject to T&Cs)
- Meaningful renewal gifts for higher spends
Cons of Karur Vysya Bank SBI Platinum Credit Card
- Relatively high annual fee
- Some lounge visits or services may carry per-visit charges
Frequently Asked Questions about Karur Vysya Bank SBI Platinum Credit Card
Is there a joining or annual fee?
Yes. The annual fee is ₹2,999 (payable at issuance and renewal). Renewal gifts or waivers may apply on meeting spend criteria.
What is the welcome gift?
Welcome gift vouchers worth ₹3,000 are issued after payment of the annual fee; terms apply.
How many reward points do I earn?
Base earn is typically 2 pts/₹100 on retail spends with accelerated rates (e.g., 5 pts/₹100) on select categories such as dining and departmental stores.
Is lounge access available?
Yes. The card offers Visa lounge benefits and a complimentary Priority Pass membership for a limited period; some visits may incur per-visit charges.
Can the annual fee be waived?
Renewal fee waivers or gifts are available on achieving specified annual spends; check issuer T&Cs for exact thresholds.
What documents are required to apply?
PAN and KYC documents (Aadhaar, passport, utility bill) and income proof where applicable.
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