Reliance SBI Card PRIME

SBI Card has introduced two new credit cards in collaboration with Reliance, offering diverse benefits. The first, Reliance SBI Card, serves as an entry-level option, while the second, Reliance SBI Card Prime, provides a more premium experience. The latter boasts an impressive reward rate, offering 10 Reward Points for every Rs. 100 spent at Reliance Stores. Additionally, cardholders receive Reliance Vouchers totaling Rs. 3,000 and various discount vouchers for popular brands such as Zivame, AJIO, and JioMart.

Although there is a joining and renewal fee of Rs. 2,999 for this card, the renewal fee can be easily waived by spending Rs. 3 lakh within a year.

Key Highlights of Reliance SBI Card PRIME

  1. Ideal for shopping with exclusive advantages.
  2. Enjoy enticing welcome perks, special offers, and discount vouchers applicable to Reliance brands.
  3. Access complimentary lounges at domestic and international airports.
  4. Benefit from an annual fee waiver.
  5. Avail a fuel surcharge waiver for added savings.

Features and Benefits of Reliance SBI Card PRIME

The Reliance SBI Card PRIME offers several features and benefits:

1. Product Details:

  • Welcome Benefit: Cardholders receive Reliance Retail Vouchers worth Rs.3,000 as a welcome benefit.
  • Unified Payment Interface (UPI) Linkage: Reliance SBI Card PRIME can be linked to the Unified Payment Interface (UPI) application.
  • Airport Lounge Access: Cardholders enjoy eight domestic and four international airport lounge accesses.
  • Shopping Rewards: Exciting rewards are earned while shopping at Reliance Stores.

2. Welcome Offer:

  • Cash Withdrawal: Cardholders can withdraw cash from over one million ATMs worldwide.
  • Retail Vouchers and Discounts: Welcome benefits include Reliance Retail vouchers worth Rs.3,000 and additional discount vouchers for participating Reliance Retail Stores.

3. Exclusive Milestone Benefits:

  • Renewal Fee Waiver: Renewal fee waiver available if annual spends reach Rs.3 lakhs in the previous financial year.
  • Annual Spends Rewards: Vouchers worth Rs.1,500, Rs.2,250, and Rs.5,000 are provided on annual spends of Rs.75,000, Rs.1,50,000, and Rs.3,00,000, respectively, at Reliance Retail Stores.

4. Entertainment Benefits:

  • Monthly Movie Ticket: Cardholders receive one Rs.250-worth movie ticket per month on BookMyShow.

5. Fuel Surcharge Waiver:

  • Petrol Pump Transactions: One percent fuel surcharge waiver on transactions ranging from Rs.500 to Rs.4,000 across all petrol pumps in India. Maximum waiver is Rs.100 per billing cycle.

6. Contactless Advantage:

  • Secure and Convenient Transactions: Contactless feature for secure transactions, including Visa payWave for payment security. Convenient for day-to-day small purchases without handing over the card.

7. FlexiPay:

  • Monthly Installments: FlexiPay feature allows cardholders to convert credit card billings of Rs.2,500 or more into easy monthly installments within 30 days by logging in to sbicard.com.

8. Utility Bill Payment Facility:

  • Easy Bill Pay: Reliance SBI Card PRIME offers the Easy Bill Pay facility for convenient utility bill payments.

9. Easy Money:

  • Cheque or Draft Delivery: EasyMoney feature provides a cheque or draft against the cash limit, delivered to the cardholder’s doorstep. Accessed through sbicard.com login.

10. Balance Transfer on EMI:

  • Lower Interest Rate: Balance Transfer on EMI facility helps save money by transferring outstanding balances from other banks credit cards to Reliance SBI Card PRIME, with lower interest rates. Availed through sbicard.com login.

Reliance SBI Card PRIME Fees and Charges

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

  1. One-time annual fee: Rs.2,999 plus GST
  2. Yearly renewal fee: Rs.2,999 plus GST
  3. Add-on fee: None
  4. Reward Redemption fee: Rs.99
  5. Monthly interest rate: 3.2%
  6. Cash Advance Charges: Minimum of Rs.500 or 2.5%
  7. Foreign Currency Markup: 3.5% of the transaction amount

Eligibility Criteria for Reliance SBI Card PRIME

Here are essential criteria for applying for an Reliance SBI Card PRIME:

  1. The applicant must be a minimum of 18 years old.
  2. The applicant should have either a salaried or self-employed status.

Documents Required for Reliance SBI Card PRIME

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

  1. PAN Card: A unique identification card issued for permanent account numbers.
  2. Aadhar Card: A government-issued identification card containing a unique 12-digit Aadhar number.
  3. Voter ID Card: A card serving as proof of voter registration, enabling participation in electoral processes.
  4. Bank Account Details: Information related to an individual’s bank account, essential for financial transactions.
  5. Passport Size Photographs: Small-sized photographs commonly required for official documents and applications.

How To Apply for Reliance SBI Card PRIME?

Follow these steps to apply for the Reliance SBI Card PRIME:

  1. Visit Official Website:
    Go to the official website of Reliance SBI Card to start the application process.
  2. Choose the Card:
    Navigate to the “Reliance SBI Card PRIME” section and select the card you want to apply for.
  3. Click on Apply:
    Locate the “Apply Now” or similar button and click on it.
  4. Fill Application Form:
    Complete the online application form with accurate personal and financial details. Include information such as name, address, income, etc.
  5. Upload Documents:
    Upload necessary documents, which may include proof of identity, address, and income. Ensure all documents are clear and meet the specified requirements.
  6. Review Application:
    Double-check the information provided to ensure accuracy and completeness. Make any necessary corrections.
  7. Submit Application:
    Once satisfied with the details, submit the application form.
  8. Wait for Approval:
    Await approval from the bank. The processing time may vary.
  9. Receive Card:
    Upon approval, the Reliance SBI Card PRIME will be dispatched to your registered address.
  10. Activate Card:
    Follow the instructions provided to activate your card through the given channels, usually via SMS or a designated website.

Frequently Asked Questions (FAQs) –

Q: What is Reliance SBI Card PRIME?

A: Reliance SBI Card PRIME is a credit card offered by Reliance Capital in collaboration with the State Bank of India. It comes with various features and benefits catering to the financial needs of cardholders.

Q: How can I apply for Reliance SBI Card PRIME?

A: You can apply for the Reliance SBI Card PRIME online by visiting the official website, selecting the card, and filling out the application form with the required details.

Q: What documents are required for the application?

A: Commonly required documents include proof of identity, address, and income. Ensure to check the specific document requirements outlined during the application process.

Q: What are the key features of Reliance SBI Card PRIME?

A: Features may include reward points, cashback benefits, travel privileges, fuel surcharge waivers, and exclusive discounts on partner merchant transactions.

Q: How long does it take for the card to be approved?

A: The approval time can vary. It is advisable to check with the bank for specific details. Normally, you will receive an intimation once your application is processed.

Q: Can I track the status of my Reliance SBI Card PRIME application?

A: Yes, you can usually track the status of your application online through the official website or by contacting the SBI credit card customer care helpline number.

Q: How do I make payments on my Reliance SBI Card PRIME?

A: Payments can be made through various channels, including online banking, cheque payments, autopay, and mobile apps. The specific options will be provided in the card documentation.

Q: Is there an annual fee for the Reliance SBI Card PRIME?

A: The annual fee structure may vary. Check the terms and conditions on the official website or contact customer support for detailed information on fees and charges.

Q: Can I convert my purchases into EMI with Reliance SBI Card PRIME?

A: Yes, many credit cards, including Reliance SBI Card PRIME, offer the option to convert purchases into equated monthly installments (EMIs). Details on this feature will be available in the card’s terms.

Q: How do I redeem rewards earned on my Reliance SBI Card PRIME?

A: Redemption options vary and may include online portals, partner merchants, or specific reward catalogs. Check the card’s reward program details for the redemption process.