SBI PRIME Business Credit Card

Welcome Benefits

1. Get a welcome e-gift voucher of Rs.3,000 from Yatra for Business.
2. Receive an e-gift voucher within 30 days of your membership fee payment (the voucher will be sent via SMS to your registered mobile).

PRIME Business Rewards Benefits

1. Receive 10 reward points for every Rs.100 that you spend on utility bills payments, dining, and office supplies.
2. Get 2 reward points for every Rs.100 that you spend on other retail expenses.
3. 1% waiver of fuel surcharge on your fuel expenses which amount between Rs.400 and Rs.5,000.
4. 4 reward points equal Re.1.

Club Vistara Membership Benefits

1. Get a free Club Vistara Silver membership.
2. Receive 1 free lounge access voucher and 1 upgrade voucher.
3. Get 9 Club Vistara Points for every Rs.100 that you spend on Vistara flight tickets.

Airport and Lounge Benefits

1. Enjoy 4 free visits per year to International Priority Pass Lounges, outside India.
2. Get 8 free visits every year to Mastercard Lounges in India.

Yatra Benefits

1. Get Rs.750 off on your flight bookings that amount to more than Rs.6,000 (once in a quarter).
2. Get 20% off on your hotel bookings (once in a quarter).

Milestone Benefits

1. Get a waiver of your renewal fee when you spend Rs.3 lakh in one year.
2. Get an e-gift voucher of Rs.7,000 from Yatra for Business when you spend Rs.5 lakh in one year.

Metro Cash and Carry

1. For every Rs.100 spent at Metro Cash and Carry store, earn 10 reward points.
2. Enjoy complimentary privileges through Bandhan- Loyalty program of Metro Cash & Carry.
3. Enjoy a discount of up to 2% on the purchase amount.

Mastercard Global Linker

1. Use the card to grow your business by finding buyers, suppliers, and consumers.
2. Use the card to enjoy offers from other SMES which would assist you in reducing your overall cost of business.
3. Have access to inspiring SME stories and insights.

Mastercard Benefits

1. Get 4 complimentary Green fees access every year and 1 complimentary Golf coaching every month at select Indian Golf courses.
2. Get up to 15% on the best available accommodation prices and enjoy a discount of up to 15% on food and beverage at Lalit Hotels.
3. Get a discount of 20% on all reservations at Sarovar Hotels.
4. Enjoy a discount of up to 20% on Homestays and Hotels at travelguru.com.
5. Get a 30% discount on Printvenue.
6. At Bookmyad.com, enjoy a discount of up to 15% display classified and text classified.

Contactless Transactions

1. Wave your SBI PRIME Business credit card to make quick and contactless transactions.

Cash Availability Throughout the World

1. Cash can be withdrawn from more than 1 million Visa ATMs all over the world.

Worldwide Acceptance

1. This card can be used in more than 24 million outlets worldwide including 3.25 lakh Indian outlets.

Fraud Liability Cover

1. Enjoy Fraud Liability Cover worth Rs.2 lakh on your card Organisation level limit of Rs.20 lakh.

Flexipay

1. Your transactions of Rs.2,500 and above can be converted into EMIs with the Flexipay facility.

Facility of Balance Transfer

1. The outstanding dues from the credit cards of various banks can be transferred to your SBI PRIME Business credit card at a low interest rate and repaid in EMIs.

Easy Bill Pay

1. With the Easy Bill Pay feature, you can use your credit to pay your utility bills easily.

Particulars

Fee

Joining fee

Rs.2,999

Annual fee

Rs.2,999

Add-on fee

Nil

Extended Credit

1. Interest free credit period ranging between 20 to 50 days if the outstanding amount for the previous month has been paid.
2. Finance charges of up to 3.50% per month. or 42% p.a.
3. Minimum amount of 5% of the total outstanding amount (minimum of Rs.200)

Cash Advance

1. Finance Charges: Up to 3.35% per month whichever is higher, from the withdrawal date

Cash Advance Fee

1. 2.5% or Rs.500 (whichever is higher) at both domestic and international ATMs

Surcharges

1. Railway tickets booked through counters: Rs.30 +2.5% of the amount paid
2. Railway tickets booked through irctc.co.in: 1.8% of the amount paid + service charges
3. For petrol and other fuels: 1% surcharge waiver for amount between Rs.500 and Rs.4,000
4. Payment of custom duty: 2.25% of the transaction amount subject to a minimum of Rs.75

Cash Payment Fee

Rs.250 plus taxes

Payment dishonor fee

2% of the amount subject to a minimum of Rs.500

Statement retrieval

Rs.100 for statement less than 2 months old

Cheque Fee

Rs.100

Late payment

1. NIL for due amount from Rs.0-Rs.500;
2. Rs.400 for due amount greater than Rs.500 and up to Rs.1,000
3. Rs.750 for due amount greater than Rs.1,000 and up to Rs.10,000
4. Rs.950 for due amount greater than Rs.10,000 and up to Rs.25,000
5. Rs.1,100 for due amount above Rs.25,000 and up to Rs.50,000
6. Rs.1,300 for due amount above Rs.50,000

Over limit

2.5% of the overlimit amount subject to a minimum of Rs.600

Card replacement

1. Rs.100 to Rs.250 (For Aurum: Rs.1,500)
2. Minimum of $175 when abroad

Foreign currency transaction fee

for all except Aurum and Elite cardholders, 1.99% for Aurum and Elite cardholders

Rewards redemption fee

Rs.99