South Indian Bank SBI Platinum Credit Card

The South Indian Bank SBI Platinum Credit Card, a financial offering that combines the trusted services of South Indian Bank with the renowned benefits and features associated with State Bank of India’s credit card portfolio. Tailored for individuals seeking a sophisticated and rewarding credit experience, this platinum card is designed to elevate your financial journey.

With a host of exclusive privileges, including reward points on transactions, dining and travel benefits, and access to special promotions, the South Indian Bank SBI Platinum Credit Card stands as a testament to seamless collaboration between two esteemed banking institutions. Discover a world of convenience and perks, as we delve into the details of this distinguished credit card, crafted to meet the diverse needs of today’s discerning cardholders.

Key Highlights of South Indian Bank SBI Platinum Credit Card

  1. Receive a welcome e-Gift voucher valued at Rs.3,000.
  2. Earn 5 times the Reward Points on expenditures related to grocery, dining, international transactions, and departmental purchases.
  3. Gain 2 Reward Points for every Rs.100 spent.
  4. Enjoy access to Airport Lounges.
  5. Access exclusive privileges at various golf courses.

Features and Benefits of South Indian Bank SBI Platinum Credit Card

The South Indian Bank SBI Platinum Credit Card offers several features and benefits:

1. Welcome Gift:

  • Gift options from Marks & Spencer, Westside, Hush Puppies/Bata, Yatra, and Shoppers Stop.
  • Accelerated Reward Points program.

2. Accelerated Reward Points: Earn 2 Reward Points for every Rs.100 spent.

3. Spend Rewards: Annual spending of Rs.4 lakh and Rs.5 lakh earns special spend rewards.

4. Domestic Lounge Program: Enjoy 2 domestic airport lounge visits per quarter.

5. International Lounge Program: Cardholders receive complimentary membership to the Priority Pass program, valued at $99.

6. Renewal Gift: Spend over Rs.2 lakh annually to receive renewal vouchers up to Rs.3,000, redeemable at partner stores.

7. True Lifestyle: Access 300+ global golf courses and enjoy a 30% discount on green fees when using the card.

8. Cash Withdrawal: Withdraw cash from Visa ATMs worldwide.

9. Fuel Charge Waiver: Receive a 1% fuel surcharge waiver for spending between Rs.500 and Rs.4,000 on fuel.

10. Flexipay:

  • Easily convert card transactions into instalment payment plans using the Flexipay feature.
  • Contact SBI Credit Card Helpline Number to choose a suitable plan.

11. Global Acceptance: Accepted at over 2 million Visa outlets globally.

12. Card Replacement:

  • Emergency card replacement service available worldwide.
  • Contact the 24×7 helpline number for assistance.

South Indian Bank SBI Platinum Credit Card Fees and Charges

Explore the fee structure for the South Indian Bank SBI Platinum Credit Card and discover the financial advantages that come with it.

  1. Annual Fee: Amount: Rs.2,999
  2. Renewal Fee: Amount: Rs.2,999
  3. Finance Charges: Up to 3.35% monthly
  4. Add-On Card Fee: Nil
  5. Finance Charges (on outstanding balance): 3.50% per month or 42% per annum
  6. Payment Dishonor Fee: 2% of the payment amount; minimum of Rs.450
  7. Statement Request Fee: Rs.100 per statement (more than 2 months old)
  8. Cash Payment Fee: Rs.250
  9. Late Payment Fee:
  • Nil for payment from Rs.0 to Rs.500
  • Rs.400 for payment more than Rs.500 up to Rs.1,000
  • Rs.750 for payment more than Rs.1,000 up to Rs.10,000
  • Rs.950 for payment more than Rs.10,000 up to Rs.25,000
  • Rs.1,100 for payment more than Rs.25,000 up to Rs.50,000
  • Rs.1,300 for payment more than Rs.50,000.

Documents Required for South Indian Bank SBI Platinum Credit Card

To apply for the South Indian Bank SBI Platinum Credit Card, you will typically need to provide the following documents:

1. Proof of Identity:

  • Aadhar Card
  • Passport
  • Voter ID
  • Driver’s License
  • Any other government-issued photo ID card

2. Proof of Address:

  • Utility bills (electricity, water, gas) not more than 2-3 months old
  • Rental agreement
  • Passport
  • Aadhar card
  • Voter ID

3. Proof of Income:

  • Salary slips for the last 3-6 months
  • Income Tax Returns (ITR)
  • Form 16
  • Bank statements for the last 3-6 months

4. Passport Size Photographs: Recent passport-sized color photographs

How To Apply for South Indian Bank SBI Platinum Credit Card?

Follow these steps to apply for the South Indian Bank SBI Platinum Credit Card:

1. Check Eligibility:

Visit the official website of South Indian Bank or the SBI Card portal to review the eligibility criteria for the SBI Platinum Credit Card. Ensure you meet the minimum age, income, and other requirements set by the bank.

2. Prepare Required Documents:

Gather all necessary documents such as proof of identity, proof of address, proof of income, passport-sized photographs, and any other documents specified by South Indian Bank. Having these ready will expedite the application process.

3. Online Application:

Fill out the online credit card application form available on the official South Indian Bank or SBI Card website. Provide accurate personal, financial, and contact information as required. Double-check the information to ensure its correctness.

4. Upload Documents:

Scan and upload the required documents as part of the online application process. This may include proof of identity, address, income, and any additional documents specified by the bank. Ensure that the documents meet the specified file size and format requirements.

5. Application Submission:

Submit the completed online application along with the uploaded documents. After submission, you may receive an application reference number. Keep this number for future reference. The bank will review your application, and if approved, you will be notified of the next steps, such as card delivery and activation.

Frequently Asked Questions (FAQs)

Q: What are the key features of the South Indian Bank SBI Platinum Credit Card?

A: The SBI Platinum Credit Card offered by South Indian Bank comes with features such as reward points on transactions, fuel surcharge waiver, dining privileges, and access to exclusive offers. For detailed information, refer to the official bank website.

Q: How can I check the status of my South Indian Bank SBI Platinum Credit Card application?

A: You can check the application status online by visiting the official South Indian Bank or SBI Card website. Alternatively, you can contact the bank’s customer service and provide your application reference number for assistance.

Q: What is the annual fee for the South Indian Bank SBI Platinum Credit Card?

A: The annual fee for the SBI Platinum Credit Card is subject to change, and it is advisable to check the latest fee structure on the official website of South Indian Bank or SBI Card.

Q: How can I redeem the reward points earned on my SBI Platinum Credit Card?

A: You can redeem the accumulated reward points through the bank’s rewards program. This usually involves logging into the rewards portal online and selecting from a range of redemption options, including merchandise, gift vouchers, or travel bookings.

Q: What should I do if my South Indian Bank SBI Platinum Credit Card is lost or stolen?

A: In case of a lost or stolen card, contact the bank’s customer service immediately to report the incident. The bank will guide you through the process of blocking the card and issuing a replacement. You may also need to file a police report in case of theft.

Q: Are there any international transaction charges on the SBI Platinum Credit Card?

A: Check the terms and conditions of the credit card to understand the charges associated with international transactions. Typically, credit cards may have a foreign currency markup fee for transactions conducted in currencies other than the Indian Rupee.

Q: How can I pay the outstanding balance on my South Indian Bank SBI Platinum Credit Card?

A: You can make payments through various channels, including online banking, mobile banking, cheque payments, or at the bank’s branches. Ensure to make payments before the due date to avoid late payment fees.