M16S / State Bank of India (SBI Card) / SBI Card PRIME
premium · rewards, travel
SBI Card PRIME
The SBI Card PRIME costs Rs 2,999 a year, waived if you spend Rs 3,00,000 in a year. Its base return is 0.5% (2 RP per Rs 100 on all other retail spends, except fuel). The forex markup is 3.5%. Lounge visits in India: 8 per year, max 2 per quarter. Abroad: 4 per calendar year, max 2 per quarter, via Priority Pass. Read from the issuer's documents and an aggregator on 31 Oct 2026.
- Annual fee
- Rs 2,999+ GST
- Fee waived at
- Rs 3,00,000annual spend
- Base return
- 0.5%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
What changed on this card
- SBI Card to add 1% fee on transport above Rs 30,000, Dec 2026
From 1 Dec 2026 SBI Card charges 1% of the transaction amount on every transportation transaction above Rs 30,000 (MCCs 4111, 4784, 4131). Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card to add 1% fuel fee above Rs 50,000 a cycle, Dec 2026
From 1 Dec 2026, if fuel transactions in a billing cycle exceed Rs 50,000, SBI Card charges 1% on the total fuel spends. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card limits statement credit to multiples of 4,000 points, Apr 2026
From 1 Apr 2026 Reward Points for Statement Credit can be redeemed only in multiples of 4,000 Points, on all eligible cards except the two PhonePe cards. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card caps statement credit redemption at 60,000 points, Apr 2026
From 1 Apr 2026 redemption of Reward Points for Statement Credit is capped at 60,000 Points per month on all eligible cards except Air India SBI Signature and the two PhonePe cards. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card revises late payment charges from May 2026
From 1 May 2026 no charge applies up to Rs 100 due (was up to Rs 500). Rs 100 applies above Rs 100 up to Rs 500, and Rs 500 above Rs 500 up to Rs 1,000 (was Rs 400). Higher slabs are unchanged. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card revises domestic lounge list for Prime, Miles Prime, Jan 2026
SBI Card Prime and Miles Prime are in lounge Set B, with a revised list of 30 participating domestic lounges from 10 Jan 2026. The PDF does not state the number of visits. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds 1% fee on wallet loads above Rs 1,000, Nov 2025
From 1 Nov 2025 SBI Card charges 1% of the transaction amount on every wallet load transaction above Rs 1,000. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds 1% fee on education payments via apps, Nov 2025
From 1 Nov 2025 a 1% fee applies to education payments made through third-party apps. Payments made directly to colleges or schools through their websites or POS machines carry no fee. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds Rs 200 cheque processing fee from Sep 2025
From 15 Sep 2025 a Cheque Processing Fee of Rs 200 applies to outstanding payments made by cheque. Payments by UPI, BBPS and NEFT stay free of extra charges. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card ends free air accident cover on five cards, Jul 2025
From 15 Jul 2025 SBI Card discontinues the complimentary Air Accident insurance: Rs 1 crore on Elite, Miles Elite and Miles Prime; Rs 50 lakhs on Prime and Pulse. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card adds 1% fee on utility payments above Rs 50,000, Dec 2024
From 1 Dec 2024, if utility payments in a billing cycle add up to more than Rs 50,000, SBI Card charges a 1% fee on the total utility amount. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card stops reward points on digital gaming from Dec 2024
SBI Card lists AURUM, SBI Card Elite, Pulse, SimplyCLICK, PRIME and SimplySAVE among the cards that earn no Reward Points on Digital Gaming Platforms/Merchants from 1 Dec 2024. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card raises finance charge to 3.75% a month from Nov 2024
From 1 Nov 2024 the rate of Finance Charges is 3.75% p.m. on all unsecured SBI credit cards, except Shaurya and Defense cards. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card stops reward points on government payments June 2024
SBI Card lists AURUM, SBI Card Elite, Pulse, SimplyCLICK, PRIME and SimplySAVE among the cards that earn no Reward Points on government related transactions from 1 Jun 2024. Source: SBI Card, sbicard.com, read 28 Oct 2026
- SBI Card stops reward points on rent payments from April 2024
SBI Card lists AURUM, SBI Card Elite, Pulse, SimplyCLICK, PRIME and SimplySAVE among the cards that earn no Reward Points on rent payments from 1 Apr 2024. Source: SBI Card, sbicard.com, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 2,999 |
|---|---|
| Annual fee | Rs 2,999 |
| Annual spend that waives the fee | Rs 3,00,000 |
| Fee notes | Renewal fee reversed on Rs 3 lakh annual spend. Joining fee not waivable. |
Rewards
| Welcome benefit | Rs 3,000 e-gift voucher (choice of Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion or Shoppers Stop) |
|---|---|
| Reward currency | Reward Points |
| Base earn | 2 RP per Rs 100 on all other retail spends, except fuel |
| Base return | 0.5% |
| Point value | 4 RP = Re 1 (Rs 0.25 per RP) against card outstanding |
| Accelerated earn | 10 RP [per Rs 100] on dining, departmental stores and grocery spends (one block of the page also lists movies); 20 RP per Rs 100 on birthday spends (day before, on and after birthday); 20 RP on utility bill standing instructions (after 3,000 points, 2 RP per Rs 100) |
| Capsunverified | Birthday points capped at 2,000 per calendar year (page). Accelerated points 7,500 per month (aggregator comment, not on page). |
| Spends that earn nothingunverified | Fuel, rent, wallet loads, government, digital gaming, EMI |
| Points expiry | 24 months |
| Milestone benefits | Pizza Hut e-voucher worth Rs 1,000 on quarterly spends of Rs 50,000 (Prime Pro cardholders: Rs 500); Rs 7,000 Yatra.com/Pantaloons e-gift voucher on Rs 5 lakh annual spend; renewal fee waived at Rs 3 lakh |
| Reward notes | base_return_pct = 2 RP per Rs 100 x Rs 0.25 (both stated on the product page); 10 RP categories work out to 2.5%. Reward redemption fee Rs 99 + GST on physical products, statement credit and physical vouchers (MITC). From 1 Apr 2026 statement-credit redemption is capped at 60,000 points a month and allowed only in multiples of 4,000 points (issuer notice). Points on Flexipay/merchant EMI are reversed; wallet loads (MCC 6540/6541) earn nothing; points on spends that got an instant discount/cashback offer are forfeited. |
Travel and perks
| Domestic lounge | 8 per year, max 2 per quarter |
|---|---|
| International lounge | 4 per calendar year, max 2 per quarter, via Priority Pass |
| Lounge conditions | Domestic lounge list is SBI Card's Set B (30 lounges) from 10 Jan 2026. Priority Pass visits beyond the free quota, and any domestic visit made through Priority Pass, cost up to USD 27 + tax. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on fuel txns Rs 500-4,000, cap Rs 250 per statement cycle |
| Other freebies | 1-year Club ITC Silver tier; Priority Pass membership worth USD 99; Rs 1 lakh fraud liability cover; golf (4 complimentary green-fee rounds, up to 50% off games, 1 lesson a month) listed under Mastercard; network dining/app offers. Rs 50 lakh air accident cover withdrawn 15 Jul 2025 (issuer notice). |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding amount due: Nil up to Rs 100; Rs 100 (>100-500); Rs 500 (>500-1,000); Rs 750 (>1,000-10,000); Rs 950 (>10,000-25,000); Rs 1,100 (>25,000-50,000); Rs 1,300 (>50,000); plus Rs 100 if minimum due missed two cycles running (slabs as revised 1 May 2026) |
| Cash advance fee | 2.5% of amount, min Rs 500; ATM limit Rs 15,000/day; interest from day one |
| Fine-print notes | Issuer product page (rendered text) read 2026-10-12; fees, forex, interest and penalty fields are from the issuer MITC/KFS; fields not listed in unverified_fields are from the product page or other issuer documents. Page vs earlier value: networks was Visa, Mastercard, RuPay, Amex (cardinsider.com), page's Network section lists Mastercard, Visa and American Express (its lounge-list links do include RuPay); movies as a 10 RP category: stated by the aggregator; the page lists it in one block and omits it in another; Club ITC Silver was described as for cards issued from 1 Sep 2025 (aggregator), page states no such date; air accident cover: page still shows 'Complimentary air accident liability cover of Rs. 50 lakhs', the issuer notice says it was withdrawn on 15 Jul 2025; the notice is kept. The same page text is served at rewards/sbi-card-prime.page and rewards/sbi-card-prime-advantage.page; it says a secured 'Advantage' variant is also available. Page does not state the wider exclusion list or the Priority Pass per-visit charge. Amex variant cannot draw cash at domestic ATMs (issuer notice, Jan 2022). Issuer-wide (MITC): rent payments carry Rs 199 fee; utility bills totalling over Rs 50,000 in a cycle carry 1% fee; wallet loads over Rs 1,000 carry 1% fee; education payments via third-party apps carry 1% fee; forex markup is not reversed on refunds; fees shown exclude 18% GST. |
Questions
- What is the annual fee of the SBI Card PRIME?
- Rs 2,999 a year, before GST. It is waived if you spend Rs 3,00,000 in a year.
- Does the SBI Card PRIME give airport lounge access?
- Yes. In India: 8 per year, max 2 per quarter. Outside India: 4 per calendar year, max 2 per quarter, via Priority Pass. Conditions: Domestic lounge list is SBI Card's Set B (30 lounges) from 10 Jan 2026. Priority Pass visits beyond the free quota, and any domestic visit made through Priority Pass, cost up to USD 27 + tax.
- What is the forex markup on the SBI Card PRIME?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the SBI Card PRIME?
- Fuel, rent, wallet loads, government, digital gaming, EMI