Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
The IRCTC SBI Card Premier is a credit card which is offered by the State Bank of India in collaboration with the IRCTC. This credit card offers benefits across many categories, primarily, for railway ticket bookings where the cardholder receives cashback on railway ticket bookings. Apart from this, the IRCTC SBI Card Premier offers benefits across the categories of fuel, reward points and insurance. The IRCTC SBI Card Premier comes with a joining fee and annual fee of Rs.1,499 and a finance charge of 3.5% per month.
| Welcome Benefits |
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| Value back Benefits |
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| Reward point Benefits |
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| Milestone Benefits |
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| Insurance Benefits |
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| IRCTC Benefits |
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| Fuel Benefits |
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| Travel Benefits |
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| VISA Benefits |
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| Flexipay |
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| Easy Money Benefits |
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The credit limit for the IRCTC SBI Card Premier is assigned at the discretion of the bank. The State Bank of India checks a number of factors before assigning a credit limit such as the credit score of the primary applicant, credit utilisation ratio, and repayment habits of the past debts.
| Type of Fee | Amount |
|---|---|
| Annual Fee | Rs.1,499 |
| Renewal Fee | Rs.1,499 |
| Finance Charges | Up to 3.35% monthly |
| Add-On card fee | Nil |
| Cash advance fee |
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| Finance Charges | 3.50% per month or 42% per annum |
| Payment dishonor fee | 2% of the payment amount; minimum of Rs.450 |
| Statement request | Rs.100 per statement (more than 2 months old) |
| Cash payment fee | Rs.250 |
| Late payment |
|
| Cheque payment fee | Rs.100 |
| Over limit fee | 2.5% of the over limit amount; minimum of Rs.600 |
| Rewards redemption fee | Rs.99 |
| Foreign currency transaction | 3.50% |
| Nationality | He or she must be a citizen of India. |
| Age | The applicant must be at least 18 years old. |
| Employment status | The primary applicant must be either salaried or self-employed |
| Credit Score | Applicants having a good credit score will be eligible for the card. |
| Proof of Address | Income Proof | Identity Proof |
|---|---|---|
| Ration Card | IT Returns | Voter ID |
| Passport | Form 16 | Aadhaar Card |
| Voter ID | Salary Slip | Driving License |
| Aadhaar Card | - | - |
To apply for the IRCTC SBI Card Premier, here are the steps to be followed:
Step 1: Visit the website of the State Bank of India for credit cards at SBI Card.
Step 2: Select the option of IRCTC SBI Card Premier.
Step 3: Click on the ‘apply now’ option.
Step 4: Enter the details which are required.
Step 5: Once submitted, a representative from the bank will get in touch with you.
Yes, on spending Rs.2 lakh in a year, the annual fee of Rs.1,499 will be waived.
On paying the annual fee of Rs.1,499, you receive 1,500 reward points which is equivalent to Rs.1,500 as 1 reward points = Re.1.
No, the add-on credit card comes free of cost.
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