Is there a renewal fee waiver for the BMB Platinum Credit Card?

No, there is no renewal fee waiver for the credit card. However, the card comes with various spend-based offers which enables you to be eligible for gift vouchers.

How will I receive the welcome benefit of the gift voucher?

Once you have paid the annual fee and requested for the voucher, the details will be sent to your registered mobile number by the bank. You can then redeem the voucher.

BMB Platinum Credit Card

The BMB Platinum Credit Card by the State Bank of India is a women credit card curated specially for women and offers a wide range of benefits across different categories. The credit card comes with a host of features in terms of reward points and welcome benefits. The annual fee of the card is Rs.2,999 and comes with an interest rate of 3.35% per month.

Key Highlights of the BMB Platinum Credit Card

Welcome e-gift voucher of Rs.3,000.
5x reward points on grocery, dining, international, and departmental store spend.
Spend-based rewards on annual spends of Rs.4 lakh and Rs.5 lakh.
Complimentary membership to the Priority Pass program worth $99.

Features and Benefits of the BMB Platinum Credit Card

Welcome Benefits	Get an e-gift voucher worth Rs.3,000 from a wide selection of the best brands. The voucher could be redeemed at the brands such as Yatra, Shoppers Stop, Hush Puppies, Westside, etc.
Reward Point Benefits	For every Rs.100 spent on regular spends, receive 2 reward points. Accelerated 5X reward points will be given on departmental, dining, grocery, and international expenses.
Spend-based Benefits	On spending Rs.4 lakh and Rs.5 lakh in a year, get a gift voucher worth Rs.3,000.
Travel Benefits	Complimentary membership to the Priority Pass program worth $99.
Renewal Benefit	On spending Rs.2 lakh in the previous year, get a gift voucher worth Rs.3,000.
Fuel Benefits	Fuel surcharge of 2.5% waived off on all transactions ranging between Rs.500 and Rs.4,000.
Balance Transfer Benefits	The outstanding balance of any other credit card can be transferred to the BMB Platinum Credit Card.

BMB Platinum Credit Card Limit

The limit for the BMB Platinum Credit Card is assigned by the State Bank of India. A number of factors are considered before the limit is assigned such as the credit score of the applicant, the credit utilisation ratio along with the repayment habits of past and current debts.

BMB Platinum Credit Card Fees and Charges

Type of Fee	Charge
Joining fee	Rs.2,999
Cash advance limit	Up to 80% of the credit limit
Annual fee	Rs.2,999
Finance charges	Up to 3.35% per month
Cash advance fee	2.5% of the transaction amount (subject to a minimum of Rs.300)
Minimum amount due	5% of the total outstanding amount (minimum of Rs.300)
Late payment fee	Between Zero and Rs.200 - Nil More than Rs.200 and up to Rs.500 - Rs.100 Between Rs.501 and Rs.1,000 - Rs.400 Between Rs.1,001 and Rs.10,000 - Rs.500 Above Rs.10,000 - Rs.750
Interest-free credit period	20 - 50 days
Overlimit fee	2.5% of the over limit amount subject to a minimum of Rs.500.
Card replacement fee	Rs.100
Foreign currency mark-up	3.5%
Rewards redemption fee	Up to Rs.99

Eligibility Criteria for BMB Platinum Credit Card

Nationality	The applicant must be an Indian citizen.
Age	He or she must be at least 18 years old.
Employment status	The applicant must be either salaried or self-employed.
Credit Score	A good credit score may increase the chances of getting the application approved.

Documents Required for the BMB Platinum Credit Card

Identity Proof	Income Proof	Proof of Address
Voter ID	Form 16	Passport
Driving License	Salary Slip	Ration Card
Aadhaar Card	IT Returns	Voter ID
-	-	Aadhaar Card

Looking for your first credit card? Apply here!

Credit cards make payments easy for all expenses online and offline while offering various benefits

Find a Card >>

FAQs

Is there a renewal fee waiver for the BMB Platinum Credit Card?
No, there is no renewal fee waiver for the credit card. However, the card comes with various spend-based offers which enables you to be eligible for gift vouchers.
How will I receive the welcome benefit of the gift voucher?
Once you have paid the annual fee and requested for the voucher, the details will be sent to your registered mobile number by the bank. You can then redeem the voucher.

Types of Credit Card

Credit Card by Banks

Articles on Credit Card

Credit Card Customer Care

Credit Card Bill Payment

Credit Card Eligibility

Disclaimer

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.