Get rewarded for every purchase done at a Tata partner outlet or any other merchant outlet in India. With value back offers, instant rewards, welcome gifts and exclusive lounge access, the Tata Croma Platinum Credit Card welcomes you into a world of never-ending privileges and world class deals. As an international credit card, the sky's the limit, when it comes to earning rewards, offers and discounts from various merchant outlets across the globe. Earn bonus rewards with high-value purchases and enjoy a plethora of value-added services and features, when you become a Tata Croma Platinum Credit Card owner.
Individuals can enjoy exclusive privileges and benefits using a Tata Croma Platinum Credit Card at various partner outlets in India.
Welcome Gifts / Anniversary Gifts:Under the Empower Points program, customers can get 3X rewards points for every Rs 100 spent at departmental stores, grocery and dining outlets and on international transactions. Retail spends can get customers 1 Empower point for every Rs 100 spent.
| Partners | Empower Points Earned |
|---|---|
| Croma | 4 points for Rs 200 |
| Ginger | 4 points for Rs 100 |
| Jet Airways | 2 points earns 1 JPMiles |
| Star Bazaar | 7 points for Rs 200 |
| Taj | 3 points for Rs 100 |
| Tanishq | 2 points for Rs 100 |
| Westside | 5 points for Rs 100 |
| World of Titan | 4 points for Rs 100 |
Accrued rewards points can be redeemed at the rate of 1 Reward point for Rs 1.
Card holders can choose any one of redemption options offered under the Empower Rewards program.
Customers will be qualify for a Tata Croma Platinum Credit Card depending on their annual income mentioned at the time of application. SBI determines the eligibility for a customer only based on this criteria.
| Type of Charge | Amount |
|---|---|
| Annual Fee | Rs. 2,999 |
| Joining Fee | Rs. 2,999 |
| Add-on Fee (per annum) | Nil |
| Card Upgrade Fee | Up to Rs. 500 |
| Extended Credit - Interest Free Credit Period | 20 to 50 days (only for retail purchases) |
| Extended Credit - Charges | Up to 3.35% per month |
| Extended Credit - Minimum Amount Due | 5% of the total outstanding amount or a minimum of Rs 200 |
| Foreign Currency Transaction | Conversion markup - 3.5% |
| Cash Advance limit | Up to 80% of the set credit limit / Rs 15,000 for Platinum Cards |
| Free Credit Period | Nil |
| Invalid Cheques | 2% of Cheque amount |
| Cash Advance - Charges | Up to 3.35% per month |
| Cash Advance fee - SBI or other domestic ATMs | 2.5% of the withdrawal amount or a minimum of Rs 300/- per transaction |
| Cash Advance fee - International ATMs | 3% of the withdrawal amount or a minimum of Rs 300/- per transaction |
| Card Replacement Charges | Rs. 100 |
| Over limit charges | 2.5% of the Over limit Amount or a minimum of Rs. 500 |
| Late Payment Charges | SBI does not charge any fee for outstanding amounts of up to Rs 200. For amounts above Rs 200, the banks charges late payment fees ranging from Rs 100 to Rs 750, depending on the outstanding amount. |
Yes, for the 60-day plan customers have to pay 2% or Rs 199, whichever is higher, as the processing fees. For the 6-months plan, no processing plan is levied.
Tata Croma Platinum Credit card customers are charged an interest rate of 0.5% per month for the 3-month plan and 0.75% per month for the 6-month plan.
Card holders can choose any repayment tenure ranging between 6, 9, 12 and 24 months.
Yes, Tata card holders will be charged a foreclosure fee of 3% on the outstanding principal amount, if they repay the amount before the completion of the tenure.
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