SBI PRIME Advantage Credit Card
SBI Bank
Last updated: Feb 03, 2026
₹2,999
₹2,999
3.5%
12 visits/yr
Contents
SBI Bank's PRIME Advantage is a premium rewards credit card focused on lifestyle and travel perks. It offers accelerated reward points across dining, groceries, movies and utilities, plus milestone vouchers and airport lounge access. The annual fee is offset for high spenders who meet waiver thresholds.
Features of SBI PRIME Advantage Credit Card which makes it unique
Milestone Vouchers
Quarterly and annual milestone e-vouchers
Additional value for high spenders
Competitive versus peers
Priority Lounge Access
Domestic and Priority Pass international visits
Comfortable travel experience
Good for frequent travellers
Rewards Structure of SBI PRIME Advantage Credit Card
Dining
acceleratedRestaurants and dining merchants
High earn rate on dining
Groceries
acceleratedGrocery and departmental stores
Includes select supermarkets and departmental stores
Movies & Departmental Stores
acceleratedMovie ticketing and departmental store spends
Movie ticket purchases earn accelerated points
Utilities
baseUtility bill payments via standing instruction
Requires standing instruction; monthly cap applies
Base
baseAll other merchants (excluding fuel)
Standard earn rate for non-accelerated spends
Milestones of SBI PRIME Advantage Credit Card
Quarterly Milestone
₹50,000 : ₹1,000 e-voucher
Annual Milestone
₹5,00,000 : ₹7,000 e-voucher (select brands)
Fees & Charges of SBI PRIME Advantage Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹2,999 |
| Annual Fee | ₹2,999 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 0 |
| Late Payment Fee | ₹1,300 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹450 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Waived on ₹3,00,000 annual spend in previous membership year
Fee Explanation Standard bank finance charges and fees apply for overdue amounts and cash advances.
Detailed Explanation of SBI PRIME Advantage Credit Card Fees
Annual Fee: ₹2,999 (yearly)
Waived on ₹3,00,000 annual spend
Cash Advance Fee: 2.5% (transaction)
Minimum ₹500 per transaction
Lounge Access Benefits with SBI PRIME Advantage Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Up to 2 visits per quarter at participating Visa/Mastercard lounges
international Lounges
silverVisits per year: 4
Guest access: Yes
Priority Pass activation required; up to 2 visits per quarter
Insurance Coverage with SBI PRIME Advantage Credit Card
air accidental death cover
₹50,00,000Subject to terms and active membership
lost card liability protection
₹1,00,000After reporting lost card to bank
Additional Features of SBI PRIME Advantage Credit Card
Contactless Payments
Tap and pay enabled
Add-on Cards
Up to 3 free add-on cards
Welcome Bonus with SBI PRIME Advantage Credit Card
Welcome Bonus: ₹3,000 gift voucher
Bonus Conditions: E-voucher issued after annual fee payment; choose from partner brands within 15 days of SMS.
Application Process for SBI PRIME Advantage Credit Card
Processing Time
2-4 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via SBI Card portal
Upload KYC documents
Receive verification call if required
Card dispatched within 2-7 days after approval
Required Documents for SBI PRIME Advantage Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
SBI PRIME Advantage Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India
International Acceptance
Accepted globally
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for SBI PRIME Advantage Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹75,000
Minimum annual income
Self-Employed Applicants
₹100,000
Minimum annual income
Who Can Apply
Important Conditions
- Primary applicant must have a valid PAN and Aadhaar.
How Approval Is Decided
- Minimum monthly income as specified
- Indian resident with valid PAN and Aadhaar
- Credit score typically above 700
Pros of SBI PRIME Advantage Credit Card
- Strong accelerated rewards across key lifestyle categories
- Complimentary lounge visits
- Meaningful milestone and welcome vouchers
Cons of SBI PRIME Advantage Credit Card
- High annual fee
- Reward redemption value is modest
- Fuel spends excluded from rewards
Frequently Asked Questions about SBI PRIME Advantage Credit Card
Are there any insurance benefits?
Yes — benefits may include air accidental death cover and lost card liability protection; terms apply.
Is there a joining fee?
Yes. The joining/annual fee is ₹2,999; first-year and renewal fee benefits depend on offers and spend thresholds.
How can I waive the annual fee?
Spend ₹3,00,000 or more in the membership year to get the annual fee waived.
What is the welcome benefit?
A ₹3,000 e-gift voucher is provided on fee payment; selection from partner brands is by SMS within the specified window.
How many lounge visits do I get?
You get 8 domestic lounge visits per year and 4 Priority Pass international visits per year (subject to activation and terms).
What are the reward earn rates?
Utilities via standing instruction: 20 RP/₹100 (max 3,000 RP/month); Dining/Groceries/Movies: 10 RP/₹100; Base: 2 RP/₹100 on other spends.
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