Key Takeaways

SBI Platinum Credit Card gives you reward points on every spend.
It offers complimentary lounge access at airports.
It provides a fuel surcharge waiver at petrol pumps.

The SBI Platinum Credit Card is a premium card designed for people who want better value on their daily spends, along with lifestyle and travel privileges. The SBI Platinum Credit Card offers a balance of savings, convenience, and protection, which makes it a popular choice among frequent shoppers and travellers.

Suppose Manish has an Air India SBI Platinum Credit Card. He booked Air India flight tickets through the Air India website worth ₹28,000 using his credit card. According to the Air India SBI Platinum Credit Card policy, he will receive 1,400 (₹28,000 ÷ ₹ 20 × 5) reward points on this transaction.

This shows that the Air India SBI Platinum Credit Card is more than just a payment tool. In this blog, we will explore the features, the benefits, types, cashback, fees, and eligibility criteria of the SBI Platinum Credit Card.

Key Highlights Of The SBI Platinum Credit Card

The SBI Platinum Credit Card comes with a wide range of privileges that suit both frequent travellers and regular spenders. The following are the main highlights:

Particulars	Details
Joining Fee	₹500 to ₹2,999 (excluding taxes)
Renewal Fee	₹500 to ₹2,999 (excluding taxes)
Best Suited For	Travelling
Reward Type	Reward Points
Welcome Benefits	Reward Points and e-Gift Vouchers

These highlights make it clear that the SBI Platinum Credit Card provides a strong mix of affordability and value-driven features.

Benefits Of The SBI Platinum Credit Card

The SBI Platinum Credit Card comes with a range of benefits, which make it suitable for both regular shopping and lifestyle expenses. The following table highlights the key benefits of the SBI Platinum Credit Card:

Benefit	Details
Domestic Lounge Access	Get 2 complimentary domestic lounge access every quarter using Karur Vysya Bank - SBI Platinum Credit Card, South Indian Bank SBI Platinum Credit Card, and Air India SBI Platinum Credit Card.
International Lounge Access	Complimentary membership to the Priority Pass Program worth $99 (around ₹8,700) using Karur Vysya Bank - SBI Platinum Credit Card and South Indian Bank SBI Platinum Credit Card.
Fuel Surcharge Waiver	Get freedom from paying the 1% fuel surcharge on every transaction of ₹500 to ₹4,000.
Contactless Payment	Simply wave your card at a secure reader, and your transaction is done.
Global Acceptance	SBI Platinum Card can be used worldwide.
Interest-Free Credit Period	20 to 50 days

These benefits clearly show how the SBI Platinum Credit Card takes care of both everyday spending and premium lifestyle needs. SBI Platinum Credit Card adds value to travel, fuel, and international usage without extra effort from the cardholder.

Types Of SBI Platinum Credit Card

SBI Bank has introduced 4 types of Platinum credit cards to serve different customer requirements. Each card comes with unique features and fees. The following table highlights the types of SBI Platinum Credit Cards:

Types	Details
IRCTC SBI Platinum Credit Card	Co-branded card launched jointly by SBI Card and IRCTC (Indian Railway Catering and Tourism Corporation). It is perfect for users who often travel by train.
Air India SBI Platinum Credit Card	Co-branded card launched jointly by SBI Card and Air India. It is perfect for users who often travel by flight.
South Indian Bank SBI Platinum Credit Card	Co-branded card offered jointly by SBI Card and South Indian Bank. It is perfect for users who prefer lifestyle perks.
Karur Vysya Bank - SBI Platinum Credit Card	Co-branded card launched by SBI Card in partnership with Karur Vysya Bank. It is perfect for users who prefer lifestyle perks.

Each of these cards is designed with a specific set of benefits to meet diverse spending habits. You need to choose the right card as per your requirements, whether you travel by train, fly often, or prefer lifestyle perks.

SBI Platinum Credit Card Cashback & Rewards

Different SBI Platinum Credit Cards offer different sets of cashback and rewards. The following table highlights the main rewards associated with the type of SBI Platinum Credit Card:

Types	Cashback and Rewards
IRCTC SBI Platinum Credit Card	10% Value Back (Reward Points) on IRCTC bookings. 1 Reward Point = ₹1 on railway ticket purchases at the IRCTC website. 1 Reward Point per ₹125 on retail spends. 350 Bonus Reward Points on first ATM withdrawal. 500 reward points on payment of the renewal fee. 4 complimentary railway lounge visits per year (1 per quarter) at select lounges. 1% waiver on transaction charges for railway ticket bookings made on irctc.co.in.
Air India SBI Platinum Credit Card	Get 5,000 reward points on payment of the joining fee. Complimentary Flying Returns membership with Air India. 2 reward points per ₹100 spent on all retail purchases. Convert reward points into Air India miles (1 reward point = 1 Air India mile). 5 reward points per ₹100 on Air India ticket bookings. Earn up to 15,000 bonus reward points annually based on spending. 8 complimentary domestic VISA lounge visits per year.
South Indian Bank SBI Platinum Credit Card	e-Gift Voucher worth ₹3,000. 2 Reward Points per ₹100 spent on all categories. On spending ₹4,00,000 in a year: e-Gift Voucher worth ₹3,000. On spending ₹5,00,000 in a year: additional e-Gift Voucher worth ₹3,000. On spending ₹2,00,000 in the previous year: e-Gift Voucher worth ₹3,000. 8 complimentary domestic lounge visits per year.
Karur Vysya Bank - SBI Platinum Credit Card	e-Gift Voucher worth ₹3,000. e-Gift Voucher worth ₹3,000 on spends of ₹2,00,000 in the previous year. Additional ₹3,000 e-Gift Voucher on annual spending of ₹4,00,000 and ₹5,00,000 each. 2 Reward Points for every ₹100 spent on all categories. 2 Complimentary Domestic Airport Lounge visits per quarter. Complimentary Priority Pass Membership (worth $99). Air Accident Liability Cover: ₹50,00,000. Fraud Liability Cover: ₹1,00,000 (valid 48 hours before to 7 days after reporting).

From the above-mentioned table, you can see that these co-branded SBI Platinum Credit Cards combine cashback, rewards, and travel benefits in one package.

Bonus Tip: If you like golf, then you would like to know that the South Indian Bank SBI Platinum Credit Card and Karur Vysya Bank: SBI Platinum Credit Card offer access to more than 300 golf courses across the world.

SBI Platinum Credit Card Fees & Other Charges

SBI Platinum Credit Cards have certain fees, which cardholders must be aware of to avoid extra charges. The following table shows the annual or renewal fees for different types of SBI Platinum Credit Cards:

Types	Annual and Renewal Fees
IRCTC SBI Platinum Credit Card	₹500 + taxes
Air India SBI Platinum Credit Card	₹1,499 + taxes
South Indian Bank SBI Platinum Credit Card	₹2,999 + taxes
Karur Vysya Bank - SBI Platinum Credit Card	₹2,999 + taxes

From the above-mentioned table, you can see the renewal and annual fees of different types of credit cards. Now, let's see some common fees or charges that are applicable to all types of SBI Platinum Credit Cards mentioned above. The following table highlights this:

Fee or Charges	Details
Finance Charges	3.75% per month (45% per annum)
Cash Advance Fee	2.5% of transaction amount (subject to a minimum of ₹500)
Cash Payment Fee	₹250
Payment Dishonour Fee	2% of the amount (subject to a minimum of ₹500)
Cheque Payment Fee	₹100
Card Replacement Fee	₹100 to ₹250

The above-mentioned charges apply uniformly across all SBI Platinum Credit Cards, making it important for cardholders to manage payments and redemptions wisely to avoid extra costs.

Bonus Tip: South Indian Bank SBI Platinum Credit Card and Karur Vysya Bank: SBI Platinum Credit Card also provide a 30% discount on the green fee.

Late Payment Fee For SBI Platinum Credit Card

Timely repayment is very important with credit cards. If you miss paying the bill, then you have to pay the charges depending on the due amount. The following table shows the late payment charges applicable to the SBI Platinum Credit Card:

Outstanding Balance	Late Payment Charges (excluding GST)
₹0 to ₹500	Nil
₹500 to ₹1,000	₹400
₹1,000 to ₹10,000	₹750
₹10,000 to ₹25,000	₹950
₹25,000 to ₹50,000	₹1,100
More than ₹50,000	₹1,300

From the above-mentioned table, you can see that the charges increase with the bill size. So, you must pay your bill on time, so you can enjoy cashback without extra cost.

How To Apply For An SBI Platinum Credit Card?

Applying for the SBI Platinum Credit Card is a simple process that you can complete online in just a few minutes. By following the steps below, you can submit your application with ease.

Step 1: Visit the official website of SBI.

Step 2: On the right-hand section, click on the option “SBI Card.”

Step 3: You will be redirected to a new page. Select the button labelled All SBICards.

Step 4: Browse through the list of available cards, choose the SBI Platinum Credit Card, and click on the Apply Now button.

Step 5: Enter your personal and financial details, and upload the required documents to complete your application.

Once you submit the form, your application will be reviewed. Upon approval, the card will be issued and delivered to your registered address.

Conclusion

SBI Platinum Credit Card is a very powerful financial tool that brings in a unique set of rewards, savings, and conveniences. Travelling zealously, paying for petrol, or shopping online, the SBI Platinum Credit Card has something for all.

If you use SBI Platinum Credit Cards actively and mindfully, then you can easily recover the annual fee and enjoy premium services without extra burden. They are a smart pick for anyone seeking savings with added privileges.

FAQs

1. What are the disadvantages of credit cards?

Credit cards can lead to overspending and high interest charges if not used carefully.

2. Why is a platinum card so expensive?

Platinum cards cost more because they provide premium benefits like lounge access and insurance.

3. What CIBIL score is required for a credit card?

A CIBIL score of 750 or above improves your chances of getting a credit card.

4. Can I upgrade my SBI credit card?

Yes, SBI allows you to upgrade your credit card if you meet the eligibility criteria.

5. What is the disadvantage of RuPay?

RuPay cards may have limited international acceptance compared to Visa or Mastercard

Other Related Pages
SBI Platinum Credit Card	UCO Bank Credit Card	International Credit Card	Tata Neu Infinity Credit Card
Federal Bank Credit Card	SBI Pulse Credit Card	Citibank Credit Card	Swiggy Credit Card
Yes Private Credit Card	ICICI Coral American Credit Card	HDFC Regalia Credit Card	Bandhan Bank Kisan Credit Card