Air India SBI Signature Credit Card

Experience luxurious travel with the Air India SBI Signature Card. In the first year, the card carries a fee of Rs.4,999, and from the second year onward, the annual fee remains at Rs.4,999. Please note that if you maintain an outstanding balance, you will incur an interest charge of up to 3.35% per month (equivalent to 40.2% per annum).

Key Highlights of Air India SBI Signature Credit Card

Joining Fee Up to  4,999 (one time)
Renewal Fee  4,999 per annum, second year onwards
Add-on Fee Nil

Features and Benefits of Air India SBI Signature Credit Card

1. Welcome Benefits:

  • Receive 20,000 reward points as a welcome gift when you pay the annual fee within 15 days.
  • Get membership in the Flying Returns program, Air India’s Frequent Flyer Program.

2. Rewards Program:

  • Earn 4 Reward points for every Rs. 100 spent.
  • Earn up to 1,00,000 bonus Reward points annually.
  • Get up to 30 Reward Points for every Rs. 100 spent on Air India tickets booked through airindia.com or the airindia mobile app.
  • Earn 30 Reward Points when booking Air India tickets for yourself and 10 Reward Points when booking for others.
  • Receive 10 Reward Points for every Rs. 100 spent on Air India tickets, whether for yourself or others, booked through Air India booking offices or call centers.
  • Earn 10 Reward Points for every Rs. 100 spent on SuperSaver booklet purchases.

3. Milestone Benefits:

  • For annual retail spending of Rs. 5 lakh, receive 20,000 bonus Reward Points, accumulating to a total of 20,000 cumulative bonus Reward Points.
  • Spending Rs. 10 lakh annually gives you 30,000 bonus Reward Points, accumulating to a total of 50,000 cumulative bonus Reward Points.
  • With an annual spend of Rs. 20 lakh, earn 50,000 bonus Reward Points, accumulating to a total of 1,00,000 cumulative bonus Reward Points.

4. Convert Rewards into Air Miles:

  • Exchange 1 Reward point for 1 Air India Air Mile, making your travel more budget-friendly.

5. Priority Pass Membership:

  • Enjoy complimentary access to over 600 lounges worldwide with a Priority Pass Program membership.

6. Anniversary Bonus:

  • Receive 5,000 reward points as a yearly bonus.

7. Airport Lounge Access:

  • Access Domestic VISA Lounges in India up to 8 times annually, with a maximum of 2 visits per quarter.

8. Fuel Surcharge Waiver:

  • Benefit from a 1% fuel surcharge waiver at all petrol pumps for transactions between Rs. 500 and Rs. 4,000, with a maximum waiver of Rs. 250 per month.

Air India SBI Signature Credit Card Fees and Charges

1. Annual Fee: Rs. 4,999 per annum (from the 2nd year onwards)
2. Joining Fee: Rs. 4,999
3. Add-on Card Fee: Nil
4. Cash Advance Charges:

  • 2.5% of the transaction amount or Rs. 500 per transaction (SBI and domestic ATMs)
  • 2.5% of the transaction amount or Rs. 500 per transaction (International ATMs)

5. Interest Rate: Up to 3.35% per month
6. Rewards Redemption Fee: Rs. 99, Nil for redemption on Air India Miles
7. Cash Payment Fee: Rs. 100
8. Statement Retrieval Fee: Rs. 100 per statement (more than 2 months old)
9. Late Payment Fee:

  • NIL if the total amount due is from Rs. 0 to Rs. 500
  • Rs. 400 if the total amount due is greater than Rs. 500 and up to Rs. 1,000
  • Rs. 750 if the total amount due is greater than Rs. 1,000 and up to Rs. 10,000
  • Rs. 950 if the total amount due is greater than Rs. 10,000 and up to Rs. 25,000
  • Rs. 1,100 if the total amount due is greater than Rs. 25,000 and up to Rs. 50,000
  • Rs. 1,300 if the total amount due is greater than Rs. 50,000

10. Cheque Pickup Fee: Rs. 100
11. Payment Dishonor Fee: 2% of the payment amount (minimum of Rs. 450)
12. Card Replacement Charge:

  • India: Rs. 100
  • Abroad: Nil

13. Cheque Payment Fee: Rs. 100 (For cheque payments up to Rs. 10,000)
14. Over Limit Charges: 2.5% of the amount (minimum of Rs. 500)
15. Foreign Currency Transaction Fee: 3.5% of the transaction amount

Eligibility criteria for the Air India SBI Signature Credit Card

  1. Age: Applicants should be at least 21 years old and not older than 60 years to be eligible for the primary cardholder.
  2. Income: A minimum annual income requirement is usually set by the bank. This requirement may vary, so it’s essential to check with SBI for the most up-to-date income criteria.
  3. Credit Score: A good credit score is typically required. Banks often look for a credit score of 750 or higher for credit card approvals.
  4. Nationality: Applicants should be Indian citizens or non-resident Indians (NRIs) meeting the specific NRI criteria.
  5. Employment: Salaried or self-employed individuals may apply, but specific income and employment-related documents may be required.
  6. Residential Status: You should be a resident of a city where SBI card services are available.
  7. Existing Relationship with SBI: Having an existing account or relationship with SBI, such as a savings account or another credit card, may be beneficial but not always mandatory.
  8. Documentation: You will typically need to provide identity proof, address proof, income proof, and other documents as requested by SBI.
  9. Credit History: A good credit history with no significant defaults or outstanding dues on other credit cards or loans is typically preferred.

Documents Required for Air India SBI Signature Credit Card

1. Proof of Income:

  • Latest salary slips
  • Income Tax returns (IT returns)
  • Copy of Form 16

2. Age Proof:

  • Aadhaar card
  • Passport, etc.

3. Identity Proof:

  • PAN card
  • Driving Licence
  • Aadhaar card, etc.

4. Other Essential Documents:

  • Duly filled application form
  • Copy of Form 60

5. Address Proof:

  • Aadhaar card
  • Passport, etc.

6. Additional Requirement:

  • Coloured passport-size photographs.

How to apply for Air India SBI Signature Credit Card

  1. Visit the SBI Card Website.
  2. Click on “Credit Card.”
  3. Under the “Travel & Fuel” category, locate the Air India SBI Signature Card.
  4. Click on “Apply Now” to initiate the application process.
  5. Fill in all the necessary details and upload the required documents to complete the application process.

Frequently Asked Questions (FAQs)

1. What is the Air India SBI Signature Credit Card?

The Air India SBI Signature Credit Card is a co-branded credit card offered by SBI in partnership with Air India. It is designed to provide exclusive benefits and privileges to frequent flyers and Air India enthusiasts.

2. How can I apply for the Air India SBI Signature Credit Card?

You can apply for the card online through the SBI Card website or by visiting an SBI branch. Ensure that you meet the eligibility criteria and have the necessary documents for a smooth application process.

3. What are the key features of the Air India SBI Signature Credit Card?

The card offers features such as accelerated reward points on Air India spends, complimentary lounge access, milestone benefits, and discounts on Air India tickets. Refer to the card brochure for a detailed list of features.

4. What are the eligibility criteria for the Air India SBI Signature Credit Card?

Eligibility criteria may include a minimum age, income requirements, and a good credit score. Specific details can be obtained from the SBI Card website or by contacting their customer service.

5. How does the reward points system work on this credit card?

The card typically offers accelerated reward points on Air India spends and regular points on other transactions. These points can be redeemed for various rewards, including Air India tickets, merchandise, and more. Refer to the reward points guide for details.

6. Is there an annual fee for the Air India SBI Signature Credit Card?

The card may have an annual fee, and there could be additional charges for add-on cards. Check the terms and conditions or contact SBI Card customer service for detailed fee information.

7. What is the complimentary lounge access benefit, and how can I avail it?

The card usually provides complimentary lounge access at select airports. Details regarding eligible lounges and the usage process can be found in the card’s benefits guide or by contacting customer support.

8. Are there any travel insurance benefits with this credit card?

Some co-branded credit cards offer travel insurance coverage. Review the card’s terms and conditions or contact SBI Card customer service to understand the specific travel insurance benefits associated with the Air India SBI Signature Credit Card.

9. How can I check my Air India SBI Signature Credit Card statement and make payments?

You can access your credit card statement online through the SBI Card website or mobile app. Payments can be made through various channels, including online banking, NEFT, and at SBI branches.

10. How can I contact customer support for the Air India SBI Signature Credit Card?
Customer support contact details, including phone numbers and email addresses, are typically provided on the SBI Card website. Reach out to them for assistance with any card-related queries or concerns.