Central Bank of India SBI Card Prime

SBI has teamed up with the Central Bank of India to bring its customer a Prime credit card. This credit card will help SBI and Central Bank customers get travel discounts and also help them earn bonus reward points every time they use the credit card. The annual fee for the credit card is Rs.2,999.

Key Highlights of the Central Bank of India SBI Card PRIME

  1. Earn 20 reward points for every Rs. 100 spent on any standing instructions of utility bills
  2. You get a waiver of 1% on your fuel surcharge.
  3. You get a Pizza Hut e-voucher of Rs.1,000 when you spend Rs.50,000 in one calendar quarter
  4. You get benefits at 900 luxury hotels across the world.
  5. You get 15% off on luxury Airport Transfer Service

Features and Benefits of the Central Bank of India SBI Card PRIME

Welcome benefits:

  1. You get e-vouchers of Rs.3,000 from any of these brands:
    1. Bata/Hush Puppies
    2. Aditya Birla Fashion
    3. Pantaloons
    4. Shoppers Stop
    5. Yatra

Fees and Charges of Central Bank of India SBI Card PRIME

Type of Charge

Fee

Annual fee

Rs.2,999

Renewal fee

Rs.2,999

Finance charge

Up to 3.50% per month (42% per annum)

Cash advance fee at domestic ATMs, international ATMs, and SBI ATMs

2.5% of the transaction amount or Rs. 500 (whichever is higher)

Cash payment fee

Rs.250

Overlimit

2.5% of overlimit amount or Rs.600 (whichever is higher)

Late payment

  1. Rs.0 to Rs.500: NIL
  2. Rs.500 to Rs.1,000: Rs.400
  3. Rs.1,000 to Rs.10,000: Rs.750
  4. Rs.10,000 to Rs.25,000: Rs.950
  5. Rs.25,000 to Rs.50,000: Rs.1,100
  6. Rs.50,000 and above: Rs.1,300

Payment dishonor fee

2% of the amount (minimum of Rs.500)

Cheque payment fee

Rs.100

Statement retrieval

Rs.100 per statement which is over 2 months old

Card replacement

  1. Rs.100 to Rs.250

Fee for increasing credit limit

Rs.200 per request for increase

Dynamic and static conversion fee

  1. 3.50% (except for SBI Elite and Aurum credit cards)
  2. 1.99% SBI Elite and Aurum credit cards)
  3. These charges are applicable for transactions greater than or equal to Rs.1,000.

Network change fee

Rs.200 per request for network upgrade or network downgrade

Foreign currency transaction fee

  1. 3.50% (except for SBI Elite and SBI Aurum credit cards)
  2. 1.99% (SBI Elite and Aurum credit cards)

Rewards redemption fee

  1. Rs.99 (only on cash redemption, gifts, and specific vouchers)

Overdue finance charge

  1. 3.65% per month (43.8% per annum)

FAQs on Central Bank of India SBI Card Prime

  • Do the free International Priority Pass Lounges visits have any limit?

    You get 2 visits per quarter.

  • Is there any cheque payment fee?

    The cheque payment fee is Rs.100.

  • Do I earn reward points when I make utility bills payments?

    Earn 20 reward points for every Rs. 100 spent on any standing instructions of utility bills.

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