South Indian Bank SBI Platinum Credit Card
South Indian Bank (in association with SBI Card)
Last updated: Feb 03, 2026
₹2,999
₹2,999
3.5%
8 visits/yr
Contents
The **South Indian Bank SBI Platinum Credit Card** is a premium card designed for individuals who seek accelerated rewards on their lifestyle and international spending. It offers valuable benefits like complimentary domestic and international airport lounge access, a significant welcome gift, and rewards on reaching annual spending milestones. This card truly elevates your travel and dining experiences, offering both convenience and luxury.
Features of South Indian Bank SBI Platinum Credit Card which makes it unique
Accelerated International Rewards
Earn 5X Reward Points on all international spends, making it a great card for globetrotters.
Maximize savings on foreign transactions.
Competitive reward rate on international spending.
Spends Analyzer
Online tool to track and categorize your card expenditures.
Better financial planning and budget control.
Comprehensive, user-friendly digital tools.
Rewards Structure of South Indian Bank SBI Platinum Credit Card
Dining
acceleratedOn Dining, Groceries, Departmental Stores, and International Spends
Base
baseAll other retail purchases (non-fuel)
Milestones of South Indian Bank SBI Platinum Credit Card
Annual Spend Reward 1
₹4,00,000 : e-Gift Voucher worth ₹3,000
Annual Spend Reward 2
₹5,00,000 : e-Gift Voucher worth ₹3,000
Fees & Charges of South Indian Bank SBI Platinum Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹2,999 |
| Annual Fee | ₹2,999 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,300 |
| Over Limit Fee | 3% |
| Returned Payment Fee | ₹500 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Waived on annual spend of ₹2,00,000 in the preceding year.
Fee Explanation Fees are subject to a minimum amount and are exclusive of applicable taxes. Please refer to the official SBI Card website for the detailed schedule of charges.
Detailed Explanation of South Indian Bank SBI Platinum Credit Card Fees
Annual Fee: 2,999 (yearly)
Waived on ₹2,00,000 annual spend
Cash Advance Fee: 2.5% (transaction)
Min ₹500 (Domestic & International)
Foreign Currency Transaction Fee: 3.50% (transaction)
Applicable on all international transactions
Lounge Access Benefits with South Indian Bank SBI Platinum Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
2 complimentary visits per quarter at participating lounges.
international Lounges
silverVisits per year: 0
Guest access: Yes
Complimentary Priority Pass membership. Usage fee of $27+VAT per visit for cardholder and guests.
Insurance Coverage with South Indian Bank SBI Platinum Credit Card
fraud liability cover
₹1,00,000Covers 48 hours pre-reporting to 7 days post-reporting of loss.
air accident cover
₹50,00,000Subject to terms and conditions (may be discontinued).
Additional Features of South Indian Bank SBI Platinum Credit Card
Golf Privileges
Access to over 300 golf courses globally.
30% discount on the green fee.
Flexipay
Convert large purchases into easy monthly instalments (EMIs).
Applicable on transactions above ₹2,500; within 30 days of purchase.
Welcome Bonus with South Indian Bank SBI Platinum Credit Card
Welcome Bonus: Gift Voucher worth ₹3,000
Bonus Conditions: Received post payment of Annual Fee.
Application Process for South Indian Bank SBI Platinum Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Receive confirmation and card dispatch within the stated timeline.
Visit the South Indian Bank or SBI Card official website.
Fill out the online application form for the 'South Indian Bank SBI Platinum Credit Card'.
Upload the required KYC and income documents.
Complete video KYC or in-person verification as required.
Required Documents for South Indian Bank SBI Platinum Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Income Proof
self-employedAccepted documents:
South Indian Bank SBI Platinum Credit Card Merchant Acceptance Network
Domestic Acceptance
Accepted widely at millions of merchants across India.
International Acceptance
Accepted globally at all Visa-accepting merchants.
Online Acceptance
Yes, for both domestic and international e-commerce.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for South Indian Bank SBI Platinum Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹30,000
Minimum annual income
Self-Employed Applicants
₹40,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant must have a satisfactory credit history and meet the bank's internal policies.
How Approval Is Decided
- Minimum age of 21 years.
- Indian resident.
- Stable monthly income (₹30,000+ for salaried or ₹40,000+ for self-employed).
- Good credit score (CIBIL 700+ recommended).
Pros of South Indian Bank SBI Platinum Credit Card
- Excellent for dining, grocery, and international purchases.
- Frequent flyer and traveler benefits (lounge access, low forex fee).
- Attractive welcome and milestone bonuses.
Cons of South Indian Bank SBI Platinum Credit Card
- High annual fee (₹2,999 + taxes).
- High foreign currency markup (3.50%).
- Reward point redemption fee (₹99).
Frequently Asked Questions about South Indian Bank SBI Platinum Credit Card
What is the value of 1 Reward Point on this card?
Each Reward Point is generally valued at ₹0.25 when redeemed against the statement balance or gifts from the SBI Card Rewards Catalogue.
How can I avail the complimentary lounge access?
You get 2 complimentary domestic airport lounge visits per calendar quarter via the Visa Airport Lounge Access Program. International lounge access is through the complimentary Priority Pass membership, with a usage fee of $27+VAT per visit.
Are fuel transactions eligible for reward points?
No, fuel transactions are not eligible for Reward Points. However, you can enjoy a 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000, capped at ₹250 per month.
How can the annual fee be waived?
The renewal fee of ₹2,999 is waived if your annual spend on the card in the preceding year is ₹2,00,000 or more.
What are the welcome benefit voucher options?
The welcome e-Gift Voucher worth ₹3,000 can be chosen from partner brands like Yatra, Shoppers Stop, Westside, Bata/Hush Puppies, or Aditya Birla Fashion.
Add Your Review
Reviews (0)
No reviews yet
Be the first one to review this card.