SBI Tata Platinum Card

The SBI TATA Platinum Card is a joint venture between SBI Card and TATA Capital, offering a unique co-branded experience. With this card, you can earn up to 3 reward points for every Rs 100 spent on Dining, Departmental & Grocery shopping, and International transactions. Additionally, 1 empower point is awarded for every Rs 100 spent at other retail outlets and in various retail stores.

Cardholders also benefit from up to 8 complimentary domestic lounge accesses annually at selected airports. As an added incentive, you can receive an e-Gift voucher worth Rs 3,000 upon reaching annual spending thresholds of Rs 4 lakh and 5 lakhs.

Key Highlights of SBI Tata Platinum Card

1. Shopping Benefits:

  • Exclusive shopping e-Gift vouchers worth Rs 3000 from any partner exclusive.
  • Earn 1 point for every Rs. 100 spent on other retail outlets.
  • Triple points (3x) on Dining, Departmental & Grocery shopping, and International spends.

2. Airport Lounge Access: Enjoy 8 complimentary lounge accesses in India with Mastercard at select airports.

3. Annual Spending Rewards:

  • Receive an e-Gift voucher worth Rs 3000 from partner exclusives on annual spending of Rs 4 lakhs.
  • Receive an additional e-Gift voucher worth Rs 3000 on annual spending of Rs 5 lakhs.

4. Special Value Back Offers:

  • Earn 2% value back on spends at Croma and croma.com.
  • Enjoy up to 5% value back on spends at Tata outlets.

5. Fuel Transaction Benefits: Avail a 1% surcharge waiver on fuel transactions at all fuel stations across India.

Features and Benefits of SBI Tata Platinum Card

The SBI Tata Platinum Card offers several features and benefits:

1. Credit Facility:

  • Enjoy flexible payment options for outstanding credit card bills.
  • Pay any amount between the minimum due and the total outstanding balance on the TATA Platinum SBI card.
  • Remaining amounts, if less than the total outstanding, are carried forward at lower finance charges.

2. Global Acceptance:

  • Use the SBI TATA Platinum credit card at over 24 million MasterCard-accepted merchant outlets worldwide.
  • Global acceptance includes ATM usage across the globe.

3. Add-on Cards:

  • Obtain free add-on cards for family members aged 18 and above.
  • Accelerate reward point earnings through family members’ card usage.

4. Easy Bill Facility:

  • Settle utility bills like telephone and electricity through the easy billing facility.
  • “Pay Fast” option for convenient instant bill payments.
  • Set standing instructions for timely utility bill payments.

5. Flexipay:

  • Convert outstanding balances with higher interest rates to monthly instalments.
  • Choose a suitable plan and tenure between 3-6 months.

6. Balance Transfer:

  • Transfer outstanding balances from other credit cards to the Tata Platinum SBI card at a nominal charge.
  • Lower interest rate for a limited period, easing the repayment burden.

7. E-statements:

  • Access credit card statements 24×7.
  • Receive statements via email or physical copies at the registered address.

8. Value Back Rewards:

  • Get 2% value back for purchases at Croma Store or website.
  • Receive 5% value back for Tata outlets purchases.

9. Unmatched Welcome/Anniversary Gifts:

  • New cardholders receive Rs. 3000 worth vouchers as welcome gifts.
  • Existing cardholders get anniversary gifts with spends worth Rs. 2.5 lakhs or more.

10. Empower Rewards Scheme:

  • Exclusive benefits and priority offers through partner outlets.
  • Earn 3X rewards points for spending Rs. 100 at grocery, dining, and international outlets.
  • Retail spending awards 1 RP for every Rs. 100 spent.

11. Rewards Redemption:

  • Choose from various redemption options under the Empower Rewards scheme.
  • Instant offline redemption at designated outlets.

12. Bonus Rewards:

  • Acquire bonus rewards using accrued points, including freebies, vouchers, and gift certificates.
  • Higher annual spending qualifies for bonus gift vouchers from leading brands.

13. Waiver of Fuel Surcharge:

  • Enjoy a fuel surcharge waiver for all petrol pump purchases across India.
  • Purchase petrol, diesel, or lubricants of Rs. 500 to Rs. 4,000 to avail this benefit.

SBI Tata Platinum Card Fees and Charges

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

  1. Annual Fee: Rs. 2,999
  2. Joining Fee: Rs. 2,999
  3. Add-on Fee (per annum): Nil
  4. Extended Credit – Interest Free Credit Period: 20 to 50 days (only for retail purchases)
  5. Extended Credit – Charges: Up to 3.35% per month
  6. Extended Credit – Minimum Amount Due: 5% of the total outstanding amount or a minimum of Rs. 200
  7. Cash Advance limit: Up to 80% of the set credit limit / Rs. 15,000 for Platinum Cards
  8. Free Credit Period: Nil
  9. Cash Advance – Charges: Up to 3.35% per month
  10. Cash Advance fee – SBI or other domestic ATMs: 2.5% of the withdrawal amount or a minimum of Rs. 300/- per transaction
  11. Cash Advance fee – International ATMs: 3% of the withdrawal amount or a minimum of Rs. 300/- per transaction
  12. Over limit charges: 2.5% of the Over limit Amount or a minimum of Rs. 500
  13. Late Payment Charges: SBI does not charge any fee for outstanding amounts of up to Rs. 200. For amounts above Rs. 200, the bank charges late payment fees ranging from Rs. 100 to Rs. 750, depending on the outstanding amount.

Eligibility Criteria for SBI Tata Platinum Card

Here are essential criteria for applying for an SBI Tata Platinum Card:

1. Age Requirement:

  • Customers should be at least 21 years old.
  • Customers should be no older than 70 years.

2. Document Submission:

Applicants are required to submit self-attested copies of:

  • Income proof
  • Identity proofs
  • Residence proof
  • PAN card
  • A passport-sized photograph must also be included with the submission.

Documents Required for SBI Tata Platinum Card

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

  1. PAN Card
  2. Passport
  3. Driving License
  4. Aadhaar Card
  5. Voter’s ID

How To Apply for SBI Tata Platinum Card?

Follow these steps to apply for the SBI Tata Platinum Card:

  1. Visit the SBI official website or branch: Access the State Bank of India (SBI) website or visit a nearby SBI branch.
  2. Navigate to Credit Cards section: Locate and click on the “Credit Cards” section on the SBI website or inquire about the SBI Tata Platinum Card at the branch.
  3. Choose Tata Platinum Card: Select the Tata Platinum Card from the available options and gather information on its features, benefits, and eligibility criteria.
  4. Complete the application form: Fill out the SBI Tata Platinum Card application form, providing accurate personal and financial details.
  5. Submit required documents: Attach necessary documents, such as income proof, identity proof, and address proof, and submit the completed application form to initiate the card application process.

Frequently Asked Questions (FAQs) –

Q: What is the SBI Tata Platinum Card?

A: The SBI Tata Platinum Card is a credit card offered by State Bank of India in collaboration with Tata Group. It comes with various features, benefits, and privileges tailored for cardholders.

Q: How can I apply for the Tata Platinum SBI Card?

A: You can apply for the Tata Platinum SBI Card by visiting the official SBI website, navigating to the “Credit Cards” section, choosing the Tata Platinum Card, and completing the online application form. Alternatively, you can visit an SBI branch to apply in person.

Q: What are the key features of the Tata Platinum SBI Card?

A: The card offers features such as reward points on transactions, discounts on Tata Group partner outlets, travel benefits, and exclusive privileges. Check the specific terms and conditions for the most up-to-date information.

Q: What documents are required for the Tata Platinum SBI Card application?

A: Applicants need to submit self-attested copies of income proof, identity proofs, residence proof, PAN card, and a passport-sized photograph along with the application form.

Q: What is the eligibility criteria for the SBI Tata Platinum Card?

A: The primary eligibility criteria include the applicant being between 21 and 70 years of age. However, specific criteria may vary, so it’s recommended to check with SBI or refer to the latest guidelines.

Q: How can I check the status of my SBI Tata Platinum Card application?

A: You can track the status of your application online through the SBI website or by contacting the SBI customer service helpline.

Q: Is there an annual fee for the SBI Tata Platinum Card?

A: The annual fee and other charges associated with the SBI Tata Platinum Card may vary. Refer to the terms and conditions provided by SBI or contact their customer service for the latest fee information.

Q: How do I redeem reward points earned on my SBI Tata Platinum Credit Card?

A: SBI provides a redemption portal where cardholders can log in and choose from a range of redemption options, including merchandise, vouchers, or statement credit, depending on the available rewards program.

Q: Can I use my SBI Tata Platinum Credit Card internationally?

A: Yes, the SBI Tata Platinum Credit Card is generally accepted internationally. However, it’s advisable to inform SBI about your travel plans to ensure a smooth usage experience and to check for any international transaction fees.

Q: How do I contact SBI customer service for queries related to the Tata Platinum SBI Card?

A: You can reach SBI credit card customer care service through the helpline number provided on the back of your card or by visiting the official SBI website for contact details.