IRCTC SBI Premier Credit Card

SBI Card and IRCTC joined hands to introduce the IRCTC SBI Card Premier, a revamped co-branded credit card with superior perks compared to its predecessor, the IRCTC SBI Platinum Credit Card. Tailored for railway aficionados, this card sets itself apart by providing unique advantages. Users can relish free access to railway lounges, accumulate more reward points for IRCTC bookings, avail complimentary insurance coverage, and unlock a host of supplementary privileges. Delve into the comprehensive array of benefits offered by this credit card.

Key Highlights of IRCTC SBI Card Premier

  • Joining fee: Rs. 499
  • Annual fee: Rs. 499 (Fee reversal on Rs. 1 Lakh spends in previous year)
  • 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 IRCTC SBI Premier Credit Card

1. Welcome Benefits:

  • Upon paying the joining fee, you’ll earn 1,500 reward points.

2. Value Back Benefits:

  • Earn 10% value back in the form of reward points when booking train tickets for AC1, AC2, AC3, AC CC through IRCTC.

3. Reward Point Benefits:

  • Get 3 reward points for every Rs.125 spent on dining and utility bill payments.

4. Milestone Benefits:

  • Earn 2,500 reward points for every Rs.50,000 spent annually on travel.
  • Earn 5,000 reward points on annual travel spends of Rs.1 lakh.
  • Have the annual fee of Rs.1,499 reversed when spending Rs.2 lakh in a year.

5. Insurance Benefits:

  • Benefit from a complimentary Rs.10 lakh rail accident insurance coverage and relish worry-free travels.
  • Receive complimentary air travel accident insurance of Rs.50 lakh.
  • Benefit from complimentary fraud liability cover of Rs.1 lakh.

6. IRCTC Benefits:

  • Get a 1% transaction charge waiver on railway bookings made through IRCTC’s website.
  • Enjoy a waiver of the 1.8% transaction charge for airline ticket bookings via IRCTC.

7. Fuel Benefits:

  • Receive a 1% waiver on the fuel surcharge for all fuel purchases.
  • This waiver applies to transactions ranging between Rs.500 and Rs.4,000.

8. Travel Benefits:

  • Experience the luxury of railway lounges throughout India with 8 complimentary visits annually, distributed at a rate of 2 visits every quarter.

9. VISA Benefits:

  • Receive a 10% discount on car rentals from Hertz.
  • Enjoy a 35% discount on car rentals from Avis.
  • With the VISA powered card, earn up to 10,000 reward points and receive an additional 25% reward points on hotel stays booked through Kaligo.com.

10. Flexipay:

  • Utilize the Flexipay option to transform purchases exceeding Rs.2,500 into manageable monthly installments.

11. Easy Money Benefits:

  • Access Easy Money to avail money from the credit card at any time as needed.

IRCTC SBI Premier Credit Card Fees and Charges

  1. Joining Fee: Rs. 1,499
  2. Annual/Renewal Fee: The fee of Rs. 1,499 is waived if your yearly spending exceeds Rs. 2 lakh.
  3. Finance Charges: 3.5% per month (42% per annum)
  4. Late Payment Fee:
  • For Statement Balance less than Rs. 500: Nil
  • Rs. 500 up to Rs. 1,000: Rs. 400
  • Rs. 1,000 up to Rs. 10,000: Rs. 750
  • Rs. 10,000 up to Rs. 25,000: Rs. 950
  • Rs. 25,000 up to Rs. 50,000: Rs. 1,100
  • Amount over Rs. 50,000: Rs. 1,300

Eligibility criteria for the IRCTC SBI Premier Credit Card

  1. Must be an Indian resident.
  2. Minimum age requirement of 18 years.
  3. Should have a salaried or self-employed status.
  4. Need to provide the last three months’ bank statements.

Documents Required for IRCTC SBI Premier Credit Card

  1. Proof of Identity: This can include documents like your Aadhar card, passport, voter ID card, or driver’s license.
  2. Proof of Address: You may need to submit documents such as your Aadhar card, passport, utility bills (electricity, water, gas), or rental agreement.
  3. Income Proof: You’ll likely need to provide documents that demonstrate your income, such as salary slips, income tax returns, or Form 16 for salaried individuals. Self-employed individuals may need to provide business financial statements or tax returns.
  4. Passport-sized Photographs: You may be required to submit recent passport-sized photographs as part of the application process.
  5. PAN Card: Your Permanent Account Number (PAN) card is typically required for credit card applications in India.
  6. Bank Statements: Some credit card applications may require you to provide recent bank statements to verify your financial stability.

How to apply for IRCTC SBI Premier Credit Card

To get your hands on the IRCTC SBI Card Premier, here’s a simple guide to follow:

  1. Go to the State Bank of India’s credit card website at SBI Card.
  2. Choose the IRCTC SBI Card Premier option.
  3. Click on the ‘Apply Now’ button.
  4. Provide the necessary details as requested.
  5. Following your submission, a bank representative will reach out to provide additional assistance.

Frequently Asked Questions (FAQs)

Q1: What exactly is the IRCTC SBI Premier Credit Card?

A1: The IRCTC SBI Premier Credit Card is a collaboration between the State Bank of India (SBI) and the Indian Railway Catering and Tourism Corporation (IRCTC), offering special perks and rewards tailored for railway enthusiasts.

Q2: How do I go about applying for the IRCTC SBI Premier Credit Card?

A2: To apply for the IRCTC SBI Premier Credit Card, you can either visit the SBI website or head to your nearest SBI branch. The application process typically involves submitting necessary documents and meeting the bank’s eligibility criteria.

Q3: What are the standout features of the IRCTC SBI Premier Credit Card?

A3: Key features include earning extra rewards on railway expenses, access to railway lounges, milestone rewards, fuel surcharge waivers, and various other privileges. It’s essentially crafted to elevate the travel experience for frequent train travelers.

Q4: What kind of rewards does the IRCTC SBI Premier Credit Card offer?

A4: With the IRCTC SBI Premier Credit Card, you earn IRCTC SBI Rewards Points, which you can redeem for railway tickets on the IRCTC website. Plus, there are bonus points when you hit specific spending milestones.

Q5: Is there an annual fee associated with the IRCTC SBI Premier Credit Card?

A5: The annual fee and related charges may vary. For the latest fee details, it’s best to check the SBI website or get in touch with the bank directly.

Q6: Am I able to utilize the IRCTC SBI Premier Credit Card for international transactions?

A6: Generally, yes, the IRCTC SBI Premier Credit Card is usable for international transactions. However, it’s wise to verify any specific usage guidelines or restrictions with the bank.

Q7: How can I keep track of my rewards and transactions with the IRCTC SBI Premier Credit Card?

A7: You can conveniently monitor your rewards, statements, and transactions via the SBI Card mobile app or by logging into the SBI Card online portal for a comprehensive overview.

Q8: Does the IRCTC SBI Premier Credit Card come with travel insurance benefits?

A8: It may offer travel insurance coverage. For specifics on coverage, including terms and conditions, you can refer to the SBI or IRCTC website or reach out to SBI Cards’ customer support.

Q9: What steps should I take if my IRCTC SBI Premier Credit Card gets lost or stolen?

A9: Promptly inform SBI Card customer service about any loss or theft to prevent unauthorized transactions. Additionally, you can ask for a new card to be issued.

Q10: How can I get in touch with customer support for the IRCTC SBI Premier Credit Card?

A10: You can reach SBI Card customer support through the helpline number provided on your credit card or the official SBI Card website. Alternatively, you can visit an SBI branch for face-to-face assistance.