Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • SBI IRCTC Premier Credit Card

    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.

    Key Highlights of the IRCTC SBI Card Premier

    • Welcome gift of 1,500 reward points.
    • 10% value back on ticket purchases made from IRCTC.
    • Milestone-based reward points.
    • Complimentary rail accident insurance cover of up to Rs.10 lakh.
    • Fuel surcharge waiver.
    • 8 Complimentary access to railway lounges in one year.

    Features and Benefits of IRCTC SBI Card Premier

    Welcome Benefits
    • On paying the joining fee, get 1,500 reward points.
    Value back Benefits
    • 10% value back on booking train tickets for AC1, AC2, AC3, AC CC as reward points from IRCTC.
    Reward point Benefits
    • 3 reward points for every Rs.125 spent on dining and utility bill payments.
    Milestone Benefits
    • On annual travel spends of Rs.50,000, get 2,500 reward points.
    • Get 5,000 reward points on annual travel spends of Rs.1 lakh.
    • Annual fee of Rs.1,499 reversed on spending Rs.2 lakh in a year.
    Insurance Benefits
    • Complimentary rail accident insurance of Rs.10 lakh.
    • Complimentary air travel accident insurance of Rs.50 lakh.
    • Complimentary fraud liability cover of Rs.1 lakh.
    IRCTC Benefits
    • 1% transaction charge waived on railway bookings from IRCTC’s website.
    • The transaction charge of 1.8% waived for airline ticket bookings from IRCTC.
    Fuel Benefits
    • The fuel surcharge of 1% waived off on all fuel purchases.
    • A waiver will be applicable on all transactions ranging between Rs.500 and Rs.4,000.
    Travel Benefits
    • 8 complimentary visits in a year to railway lounges across India.
    • 2 visits given per quarter.
    VISA Benefits
    • Enjoy a 10% discount on car rentals from Hertz.
    • 35% discount given on car rentals from Avis.
    • With the VISA powered card, avail up to 10,000 reward points plus 25% added reward points on hotel stay from Kaligo.com.
    Flexipay
    • Convert transactions above Rs.2,500 to EMIs with the Flexipay facility.
    Easy Money Benefits
    • Easy Money allows cardholders to avail money from the credit card at any given time.

    IRCTC SBI Card Premier Limit

    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.

    SBI IRCTC Premier Card Fees and Charges

    Type of Charge Fee
    Joining fee Rs.1,499
    Annual fee Rs.1,499
    Credit card finance charge 3.5% on all unsecured SBI Credit Cards (except Shaurya)
    Minimum amount due each month 5% of total outstanding amount or Rs.200 + taxes, whichever is higher
    Interest fee period 20 to 50 days
    Finance charge on cash advance For domestic cash withdrawal, a fee of 2.5% or Rs.500 (whichever is higher)
    Statement retrieval Rs.100 per statement – for statements more than 2 months old
    Late payment fee (charged based on the total outstanding amounts)
    • Up to Rs.500 - Nil
    • Rs.501 to Rs.1,000 - 400
    • Rs.1001 to Rs.10,000 - 750
    • Rs.10,001 to Rs.25,000 - 950
    • Rs.25,001 to Rs.50,000 - 1,100
    • More than Rs.50,000 - 1,300
    Over limit fee 2.5%
    Card replacement fee – domestic Rs.100 to Rs.250

    Eligibility Criteria for IRCTC SBI Card Premier

    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.

    Documents Required for the IRCTC SBI Card Premier

    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 - -

    How to Apply for IRCTC SBI Card Premier

    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.

    SBI IRCTC Premier Card FAQs

    1. Is there a waiver on the annual fee for the IRCTC SBI Card Premier?

      Yes, on spending Rs.2 lakh in a year, the annual fee of Rs.1,499 will be waived.

    2. What is the worth of the welcome gift offered under the IRCTC SBI Card Premier?

      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.

    3. Is there a fee on the add-on card for the IRCTC SBI Card Premier?

      No, the add-on credit card comes free of cost.

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