PSB SBI Card ELITE

he PSB SBI Card ELITE stands as a testament to the collaborative excellence of Punjab & Sind Bank (PSB) and State Bank of India (SBI), offering a distinguished credit card experience for discerning individuals. Crafted for those seeking a premium financial companion, this elite credit card introduces a realm of exclusive privileges and benefits.

From welcome gifts and complimentary movie tickets to milestone rewards and access to luxurious airport lounges, the PSB SBI Card ELITE embodies a fusion of financial sophistication and curated indulgence. Whether it’s earning reward points on daily expenditures or enjoying the lowest forex markup for international transactions, this credit card is designed to elevate every aspect of the cardholder’s lifestyle. Delve into a world of financial opulence and unparalleled perks with the PSB SBI Card ELITE.

Key Highlights of PSB SBI Card ELITE

  1. Premium Rewards: Earn generous reward points on various spending categories, including dining, departmental stores, grocery, and more.
  2. Exclusive Welcome Gift: Receive a substantial welcome e-Gift Voucher worth Rs.5,000 from renowned brands like Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Shoppers Stop, and Yatra.com.
  3. Complimentary Movie Tickets: Enjoy the luxury of free movie tickets worth Rs 6,000 annually, with a maximum discount of Rs. 250 per ticket for two tickets per booking.
  4. Milestone Privileges: Earn up to 50,000 Bonus Reward Points annually, including 10,000 bonus points on achieving specified annual spends.
  5. Elite Rewards Program: Get 5X Reward Points on dining, departmental stores, and grocery spends, and 2 Reward Points per Rs. 100 on all other transactions, excluding fuel.
  6. Trident Privilege Membership: Access complimentary Trident Privilege Red Tier Membership with exclusive welcome and bonus points on stays.
  7. Club Vistara Membership: Enjoy a complimentary Club Vistara Silver membership, including a complimentary Upgrade Voucher and Club Vistara Points on flight spends.

Features and Benefits of PSB SBI Card ELITE

The PSB SBI Card ELITE offers several features and benefits:

1. Welcome Gift:

  • Receive a Welcome e-Gift Voucher worth Rs.5,000 from a choice of brands: Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Shoppers Stop, and Yatra.com.
  • Select your e-Gift Voucher options via SMS within 15 days of annual fees payment.
  • The e-Voucher will be sent to your registered mobile number/e-mail ID within 5 days of the request.

2. Complimentary Movie Tickets – UCO Bank SBI ELITE Card Benefit:

  • Enjoy Free Movie Tickets worth Rs 6,000 annually.
  • Transactions are valid for at least 2 tickets per booking per month.
  • Maximum Discount is Rs. 250 per ticket for 2 tickets only.
  • Convenience Fee would be chargeable.

3. ELITE Rewards – UCO Bank SBI Card ELITE Benefit:

  • Get 5X Reward Points on Dining, Departmental stores, and Grocery Spends.
  • Earn 2 Reward Points per Rs. 100 on all other spends, except fuel.

4. Milestone Privileges – UCO Bank SBI ELITE Credit Card Benefit:

  • Earn up to 50,000 Bonus Reward Points worth Rs. 12,500/year.
  • Receive 10,000 bonus Reward Points on achieving annual spends of Rs. 3 lakhs and 4 lakhs.

5. Trident Privilege Membership:

  • Enjoy complimentary Trident Privilege Red Tier Membership.
  • Receive exclusive 1,000 Welcome Points on registration.
  • Enjoy 1,500 bonus Reward Points on your first stay & additional Rs.1,000 hotel credit on an extended night stay.

6. Club Vistara Membership – UCO Bank SBI ELITE Card Benefit:

  • Enjoy complimentary Club Vistara Silver membership.
  • Get 1 complimentary Upgrade Voucher.
  • Earn 9 Club Vistara Points for every Rs. 100 spent on Vistara flights.

7. International Lounge Program – UCO Bank SBI Card ELITE Benefit:

  • Receive complimentary membership to the Priority Pass Program worth $99.
  • Enjoy 6 complimentary Airport Lounge visits per year, outside India (max. 2 visits per quarter).
  • Access over 1000 Airport Lounges worldwide.

8. Domestic Lounge Program – UCO Bank SBI ELITE Credit Card Benefit:

  • Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India.
  • Avail the offer by using your PSB SBI Card ELITE at the respective lounges.

9. Lowest Forex Markup – UCO Bank SBI ELITE Card Benefit:

  • Benefit from the lowest Foreign Currency Mark-up Charge of 1.99% on International usage.
  • Earn 2 Reward Points on every Rs.100 spent on International transactions.

10. Exclusive Concierge Service – UCO Bank SBI Card ELITE Benefit:

  • Access dedicated assistance on Flower Delivery, Gift Delivery, and Online Doctor Consultation.

PSB SBI Card ELITE Fees and Charges

Explore the fee structure for the PSB SBI Card ELITE and discover the financial advantages that come with it.

  1. Initial one-time Annual Fee: Rs. 4,999 plus applicable taxes.
  2. Annual Renewal Fee from the second year onward: Rs. 4,999 plus taxes per annum.
  3. No additional Add-on Fee per annum.

Eligibility Criteria for PSB SBI Card ELITE

Here are essential criteria for applying for an PSB SBI Card ELITE:

1. Age:

  • Primary Cardholder: Generally, the minimum age is 21 years, and the maximum age is around 65 years.
  • Add-on Cardholder: Minimum age is usually 18 years.

2. Income:

  • Applicants should have a steady and verifiable source of income.
  • The minimum income requirement may vary, and it’s usually specified by the bank.

3. Credit Score:

  • A good credit score is often required for premium credit cards like the PSB SBI Card ELITE.
  • The specific score requirement can vary but is typically in the “good” to “excellent” range.

4. Employment Status:

  • Salaried Individuals: Employed with a regular source of income.
  • Self-Employed Individuals: Business owners or professionals with a stable income.

Documents Required for PSB SBI Card ELITE

To apply for the PSB SBI Card ELITE, you will typically need to provide the following documents:

1. Proof of Identity (Any one of the following):

  • Passport
  • Aadhar card
  • Voter ID
  • Driving license
  • PAN card

2. Proof of Address (Any one of the following):

  • Utility bills (electricity, water, gas) – recent and not older than 2-3 months
  • Aadhar card
  • Passport
  • Driving license
  • Rental agreement

3. Income Proof (Any one or more of the following):

  • Salary slips (for salaried individuals)
  • Form 16 (for salaried individuals)
  • Income Tax Returns (ITR)
  • Bank statements

4. Passport-size Photographs: Usually, a couple of passport-size photographs may be required.

How To Apply for PSB SBI Card ELITE?

Follow these steps to apply for the PSB SBI Card ELITE:

1. Visit the Official Website: Go to the official website of PSB (Punjab & Sind Bank) or SBI (State Bank of India) that issues the PSB SBI Card ELITE.

2. Navigate to Credit Card Section:

  • Look for the “Credit Cards” or “Products” section on the website.
  • Find the PSB SBI Card ELITE or navigate to the premium credit card options.

3. Review Eligibility Criteria:

  • Before applying, carefully review the eligibility criteria for the PSB SBI Card ELITE.
  • Ensure that you meet the minimum age, income, and other requirements.

4. Fill in the Online Application Form:

  • Click on the “Apply Now” or similar button associated with the PSB SBI Card ELITE.
  • Complete the online application form with accurate details.
  • Provide personal information, contact details, employment details, and other required information.

5. Submit Documents and Verification:

  • Upload or submit the necessary documents as specified by the bank.
  • Common documents include proof of identity, proof of address, income proof, and photographs.
  • The bank may conduct verification checks based on the information provided.

Frequently Asked Questions (FAQs) –

1. What is the PSB SBI Card ELITE?

The PSB SBI Card ELITE is a premium credit card offered by Punjab & Sind Bank (PSB) in collaboration with State Bank of India (SBI). It comes with various benefits, including rewards, privileges, and exclusive features.

2. What are the key features of the PSB SBI Card ELITE?

The key features may include welcome gifts, reward points on spending, complimentary movie tickets, access to airport lounges, milestone privileges, and more. Check the latest information on the official website for specific details.

3. How can I apply for the PSB SBI Card ELITE?

To apply, visit the official website of PSB or SBI, navigate to the credit cards section, and locate the PSB SBI Card ELITE. Follow the application process online, providing the required information and documents.

4. What is the eligibility criteria for the PSB SBI Card ELITE?

Eligibility criteria typically include factors such as age, income, credit score, employment status, and residence. Check the specific criteria on the official website or contact the bank for details.

5. How long does it take for the PSB SBI Card ELITE application to be processed?

The processing time can vary, but typically, it takes a few days to a couple of weeks. The bank will notify you of the status of your application.

6. What are the annual fees and charges associated with the PSB SBI Card ELITE?

Details regarding annual fees, renewal charges, interest rates, and other fees can be found on the official website or in the terms and conditions provided by the bank.

7. How do I redeem reward points earned with the PSB SBI Card ELITE?

The process for redeeming reward points may vary. Typically, there is an online portal or a customer service hotline where you can check your points and redeem them for various rewards, such as vouchers, merchandise, or travel.

8. Are there any international benefits with the PSB SBI Card ELITE?

Yes, the card may offer international benefits such as low forex markup, complimentary airport lounge access worldwide, and other privileges. Check the terms and conditions for specific details.

9. How can I contact customer support for the PSB SBI Card ELITE?

Contact details for customer support are usually available on the official website. You can reach out through phone, email, or visit a local branch for assistance.

10. Can I track my PSB SBI Card ELITE application status online?

Yes, most banks provide an online tracking system where you can check the status of your credit card application. Visit the bank’s website or contact customer support for assistance.