Etihad Guest SBI Premier Credit Card

In 2019, SBI partnered with Etihad Airways, a UAE-based airline, to introduce two travel credit cards: the Etihad Guest SBI Credit Card and the Etihad Guest SBI Premier Card. The Premier Card, while offering more benefits, comes with a higher annual fee. This launch coincided with a thriving travel industry in India, where travel-related expenditures accounted for a substantial 33% of SBI’s overall credit card spending (though this has changed due to the COVID-19 pandemic). Dubai, a favored destination among Indian travelers, was a significant factor behind this initiative, given the sizable NRI population and frequent business trips made by Indian HNIs to the city. The Etihad Guest SBI Premier Card allows cardholders to earn Etihad Airways AirMiles, known as Etihad Guest Miles, for every Rs. 100 spent, with the number of AirMiles earned varying based on the spending category.

Key Highlights of SBI Etihad Guest Premier Credit Card

  • Joining Fees: Rs 4999
  • Annual Fees: Rs 4999
  • Should be an Indian resident
  • Minimum age of 18 years
  • Must be salaried or self employed
  • Possess last 3 months bank statements.

Features and Benefits of Etihad Guest SBI Premier Credit Card

1. Welcome Benefits:

  • 5,000 Etihad Guest miles upon paying the joining fee.
  • Complimentary Etihad Guest Gold tier status after the first transaction.

2. Reward Point Benefits:

  • Earn 6 Etihad Guest miles for every Rs.100 spent on Etihad.com.
  • Receive 4 Etihad Guest miles for every Rs.100 spent on international transactions.
  • Earn 2 Etihad Guest miles for every Rs.100 spent on all other transactions.

3. Discount Benefits:

  • Up to 10% discount on direct Etihad Airways bookings.
  • 10% discount on travel rewards miles redemption.

4. Milestone Benefits:

  • 1,500 Etihad Guest miles upon spending Rs.1.5 lakh in a quarter.
  • Receive a companion voucher for annual spends of Rs.8 lakh.
  • Annual fee of Rs.4,999 waived from the second year upon spending Rs.5 lakh in a year.

5. Travel Benefits:

  • Complimentary Priority Pass Program membership.
  • 4 complimentary airport lounge visits annually outside the country.
  • Access to over 1,000 airport lounges worldwide.
  • 8 complimentary visits per year to domestic Visa lounges through the Domestic Lounge Program.

6. Fuel Benefits:

  • 1% fuel surcharge waiver for all fuel transactions with the card.
  • Applicable for transactions between Rs.500 and Rs.4,000.
  • Maximum surcharge waived is Rs.250 per month.

7. Insurance Benefits:

  • Rs.50 lakh air accident insurance coverage.
  • Rs.1 lakh liability cover in case of card fraud.
  • $1000 lost baggage allowance.

Etihad Guest SBI Premier Credit Card Fees and Charges

1. Annual Fee:

  • The annual fee for this card is Rs. 4,999.
  • You can have the annual fee waived if you spend Rs. 5 lakh or more in the previous year.

2. Interest Rates:

  • The card carries a monthly finance charge of 3.5%, which amounts to an annual interest rate of 42%.

3. Cash Advance Fee:

  • A cash advance fee of 2.5% or Rs. 500 (whichever is higher) is applicable for cash withdrawals.

4. Foreign Currency Markup:

  • For transactions made in foreign currency, the card imposes a foreign currency markup fee of 3.5% on the transaction amount.

Eligibility criteria for the Etihad Guest SBI Premier Credit Card

1. For Salaried Employees:

  • Age range: 18 years to 65 years.
  • Stable source of income.
  • Good credit score.

2. For Self-Employed Individuals:

  • Age range: 21 years to 60 years.
  • Stable source of income.
  • Good credit score.

Documents Required for Etihad Guest SBI Premier Credit Card

1. Address Proof documents:

  • Passport
  • Aadhaar card
  • Ration Card
  • Voter ID

2. Proof of Identity documents:

  • Aadhaar card
  • Driving Licence
  • Passport

3. Proof of Income documents:

  • IT Returns
  • Salary Slip
  • Form 16

Please note that the list of documents provided above serves as an indication. The bank may request additional documents during or after the application process based on specific requirements.

How to apply for Etihad Guest SBI Premier Credit Card

To apply for the Etihad Guest SBI Premier Credit Card, follow these steps:

1. Online Application:

  • Visit the SBI Card’s official website.
  • Click on ‘Credit Cards.’
  • Select the Etihad Guest Premier card from the available cards list.
  • Fill in the required details and submit your application.

2. Offline Application:

  • Dial SBI’s helpline at 39020202 (prefix STD code).
  • Visit your nearest SBI branch and submit your application to the bank officials.

Frequently Asked Questions (FAQs)

1. What is the Etihad Guest SBI Premier Credit Card?

The Etihad Guest SBI Premier Credit Card is a co-branded credit card offered by State Bank of India (SBI) in partnership with Etihad Airways. It is designed to provide cardholders with exclusive benefits, rewards, and privileges related to travel and lifestyle.

2. How can I apply for the Etihad Guest SBI Premier Credit Card?

You can apply for the Etihad Guest SBI Premier Credit Card through the official website of SBI or by visiting your nearest SBI branch. The application process usually involves submitting the required documents and meeting the eligibility criteria set by SBI.

3. What are the key features of the Etihad Guest SBI Premier Credit Card?

The card offers features such as accelerated Etihad Guest Miles on every spend, complimentary lounge access, discounts on flight bookings, and various lifestyle privileges. Refer to the official terms and conditions for a comprehensive list of features.

4. What are Etihad Guest Miles, and how can I earn them with this credit card?

Etihad Guest Miles are the loyalty points of Etihad Airways. Cardholders can earn these miles by using their Etihad Guest SBI Premier Credit Card for eligible transactions. The accumulation rate may vary for different types of spending, and details can be found in the card’s terms and conditions.

5. Are there any joining or annual fees for the Etihad Guest SBI Premier Credit Card?

Details about joining fees, annual fees, and any applicable renewal fees can be obtained from the official SBI website or by contacting SBI customer service. These fees are subject to change and may vary.

6. How can I redeem Etihad Guest Miles earned with this credit card?

Cardholders can redeem Etihad Guest Miles for various rewards such as flight tickets, hotel stays, car rentals, and other travel-related benefits. Redemption options and processes are typically outlined in the rewards program details provided by Etihad Airways.

7. Is there a foreign transaction fee associated with the Etihad Guest SBI Premier Credit Card?

Information about foreign transaction fees, currency conversion charges, and other related fees can be found in the credit card’s terms and conditions or by contacting SBI customer service.

8. What travel and lifestyle privileges are offered with the Etihad Guest SBI Premier Credit Card?

The card may offer privileges such as airport lounge access, travel insurance, discounts on hotel bookings, and other lifestyle benefits. Refer to the official documentation for the most up-to-date information on the privileges associated with the card.

9. How can I check my Etihad Guest Miles balance and credit card statements?

Cardholders can usually check their Etihad Guest Miles balance and credit card statements through the SBI online banking portal or mobile app. Alternatively, this information may be available through Etihad Airways’ loyalty program platform.

10. What should I do if my Etihad Guest SBI Premier Credit Card is lost or stolen?

In case of loss or theft, contact the SBI customer service immediately to report the incident and request card blocking. SBI will guide you through the process of getting a replacement card and assist in addressing any unauthorized transactions.