Apply SBI Card PRIME Business – Business, Offers, Features, Rewards

Do you want to apply SBI Card PRIME Business?. Then you are on the right page. In the previous article, we have given complete details about SBI Classic Debit Card. Through this article, We are going to provide SBI PRIME Business Credit Card details like Benefits, Features, Rewards, Offers. People who are applying for the SBI PRIME Business Credit Card has to check the complete details like Eligibility, Required documents, Privileges, Welcome gifts, Rewards, Features, cashback offers, Lounge programs, and shopping offers given by the SBI PRIME Business Credit Card.

Here, we have provided the image of SBI PRIME Business Credit Card. Also, you can check annual charges and late charges. We have also given a link to track your SBI PRIME Business Credit Card application status.  Continue reading this article to get more information about SBI Card PRIME Business.

SBI Card PRIME Business

About SBI PRIME Business Credit Card

EventsInformation
Card NameSBI PRIME Business Credit Card
BankSBI Bank
Card TypeCredit Card
Credit Usage LimitIt depends upon income, job & previous credit score of the cardholder.
Cash Usage LimitUsually 25% of the total Credit Limit.
Annual ChargesRs. 2,999/- + GST
Reward PointsAvail 10 Reward Points per Rs.100 spent on Dining, Utility Bills payments & Office supplies.

Get 2 Reward Points per Rs. 100 on all other retail spends (non-fuel).

International UsageYes
Official WebsiteClick here

State Bank of India launched SBI PRIME Business Credit Card which is mainly useful for Businessmen /Entrepreneurs. This card comes with excellent privileges and Features. The various benefits offered with this card include Welcome Gift, PRIME Business Rewards, Yatra For Business, etc., Customers can enjoy the needs such as fuel, movies, shopping & others

Card NameSBI Card PRIME Business
Age limit18 to 65 years
EligibilityExisting customers of SBI only can apply for this card.

Eligibility Criteria

To know the Eligibility of SBI PRIME Business Credit Card, check the below:

  • The applicant age must be in between 18 and 65 years.
  • The applicant should already have an account in SBI.
  • The card holder should be an Indian citizen.
  • This card will be given to the person on the basis of employment & previous credit score.

Required Documents

You have to submit the following Documents while applying for SBI PRIME Business Credit Card:

  • PAN Card
  • Passport sized photographs.
  • Identity proof(any one)  – Aadhar card, Ration Card, voter card, PAN Card, Driving license.
  • Address proof(any one) – Utility Bills(telephone, electricity, etc.,), Ration card, Aadhar card.
  • Latest six months Bank statements, Last 3 months pay slips.

How to Apply SBI Card PRIME Business – Application process

To apply for SBI PRIME Business Credit Card – Click here

Follow the below steps to apply for SBI PRIME Business Card:

  • To apply for your SBI PRIME Business Credit Card, visit the nearest SBI branch.
  • You should have to fill the Application form with necessary details like Name, Mobile number, City, Email ID, Card details, etc.,
  • Attach the required documents which are mentioned above.
  • Affix your photograph and submit the form.

Benefits/ Privileges

  • Welcome Gifts
  • Milestone Benefits
  • PRIME Business Rewards
  • Lounge Access
  • Club Vistara Membership
  • Mastercard Global Linker
  • Yatra For Business
  • Metro Cash & carry

Features

  • Mastercard Privileges
  • Contactless Advantage
  • Global Acceptance
  • Fraud Liability Cover
  • Cash Access Across the World
  • Safe and Secure
  • Easy Bill Pay Facility
  • Flexipay
  • Balance Transfer on EMI

SBI PRIME Business Credit Card Limit

The SBI PRIME Business Credit Card Limit depends upon the employment & income of the account holder. It is also based upon the last credit score of the cardholder. There is no fixed limit for SBI PRIME Business Credit Card. To know about your SBI PRIME Business Credit Card limit, SMS BAL where XXXX = The last 4 digits of your SBI /TATA Card number to 5676791 from your registered mobile number.

Welcome Gift

Welcome e-gift Voucher worth Rs. 3,000 from Yatra for Business. The e-gift voucher will be sent via SMS to your registered mobile no within 30 days of your membership fee payment. You can redeem the voucher online at the time of purchase.

Milestone Benefits and Lounge Access

Waiver of Renewal Fee on yearly spends of Rs. 3 Lakhs. E-Gift Voucher worth Rs. 7,000 from Yatra for Business on achieving annual spends of Rs. 5 Lakhs. You will receive an SMS to claim your e-Gift Voucher option within 10 days of achieving spends of Rs. 5 Lakhs. 4 complimentary visits/year to International Priority Pass Lounges, outside India (maximum 2 visits per quarter). 8 complimentary visits per year to Mastercard Lounges inside the country (maximum 2 visits per quarter). Offer is valid for Primary Cardholders only.

PRIME Business Rewards

Get 10 Reward Points per Rs.100 spent on Dining, Utility Bills payments, and Office supplies. Earn 2 Reward Points per Rs. 100 on all other retail spends except fuel. Pay your card outstanding with Reward Points. (4 Reward Points = Rs. 1/-). 1% Fuel Surcharge Waiver on transaction amount ranging from Rs.500/- to Rs.4000/- across all petrol bunks. (+GST as applicable). Max. Surcharge Waiver of Rs.250/month, per credit card account.

Club Vistara Membership and Mastercard Global Linker

Enjoy Complimentary Club Vistara Silver membership. Get 1 complimentary Lounge Access & 1 Upgrade Voucher. Earn 9 Club Vistara Points for every Rs. 100 spent on Vistara flights. Offer is valid for Primary Cardholders only. Grow Your Business Network – Find buyers, suppliers, & customers. Save on Business Costs – Reduce business costs with offers from other SMEs. Read & Contribute Content – Access to Inspiring SME stories, Insights.

Yatra For Business

Get INR 750 off on Flight bookings above INR 6000, once in a quarter.. Get 20% off on Hotel bookings, once in a quarter. Self-service, GST compliant platform. Access to special corporate fares & hotel deals. Free rescheduling and low cancellation charges on flights. Free meals on-board flights. 1,00,000+ domestic hotels to choose from.

Metro Cash & carry

Earn 10 reward points (5X) per INR 100 on all spends at Metro Cash & Carry stores. Complimentary privileges through Bandhan- Loyalty program of Metro Cash & Carry. Upto 2% discount on the purchase value. Exclusive billing desk & helpline services. Free delivery of goods within 60 km of city limits. Standard eligibility spends threshold doesn’t apply to SBI Card Prime Business Cardholders. All standard T&C’s of Bandhan program apply.

Fee and Charges

ChargesAmount
Fees
  • Annual Fee (one time) is Rs. 2999/-
  • Renewal fee, per annum: Rs. 2999/- from 2nd year onwards.
  • Add-on Fee (per annum): Nil
Extended Credit
  • Interest free credit period is 20-50 days, applicable only on retail purchases and if the previous month’s outstanding balance is paid totally.
  • Finance charges are up to 3.35% per month, 40.2% per annum from the withdrawal.
  • 5% of Total Outstanding Min. Rs.200 plus all applicable taxes + EMI based products + OVL amount.
Cash Advance
  • Cash advance limits up-to 80% of the credit limit, with a max. of Rs.15,000/- per day.
  • Free credit period: Nil
  • Finance charges were up to 3.35% per month, accounting to 40.2% per annum from the date of transaction
Cash Advance Fee
  • In SBI ATM’s or other domestic ATM’s: 2.5% of withdrawal, subject to a min. of Rs.300/-
  • International ATM’s are 3% of withdrawal amount, subject to a min. of Rs.300/-
Surcharges
  • Rs. 30 + 2.5% of transaction money for Railway tickets through counters.
  • 1.8% of transaction amount + applicable service charge, for Railway tickets through irctc.co.in
  • Petrol & all products/services sold at petrol pumps: 1% fuel surcharge waiver for each transaction between Rs. 500/-and Rs. 4,000/- exclusive of applicable taxes and all other charges. Maximum surcharge waiver of Rs.250/statement cycle & per credit card accounts. 1% of transaction amount for transaction Amount Between Rs. 500/- to Rs. 4,000/-
  • Payments of Customs duty: 2.25% of transaction amount (subject to a minimum of Rs. 75/-)
Other charges
  • Cash payment fee: Rs. 100/-
  • Cheque Fee: Rs. 100/- (Payments made via cheque up to Rs. 10,000/-)
  • Payment Dishonor fee is 2% of the payment amount, subject to a min. of Rs. 450/-
  • The statement retrieval program is Rs. 100/- per a statement, which is 2 or more months old
  • Late payment charge is NIL for the total amount due from 0- 200 Rupees; Rs. 100 for the total amount due above Rs. 200 & up to Rs. 500/-; Rs. 400 for the total amount due above Rs. 500/- & up to Rs. 1000; Rs. 600 for the total amount due above Rs. 1000 & up to Rs. 10,000;  Rs. 800 for the total amount due above Rs. 10,000 & up to Rs. 25,000;  Rs. 950 for total charge due above Rs. 25,000.
  • Overlimit:  Overlimit amount of 2.5%, subject to a minimum of Rs. 500/-
  • Card replacement: Rs. 100/-
  • Card replacement, when abroad: Actual cost, with a min. of $175
  • Foreign currency transaction: Conversion mark up:1.99%
  • Dynamic Currency Conversion: Markup Fee: 3.50% (For All Cards Except Elite) 1.99%(For Elite Cardholders Only) (Only for transactions greater than or equal to Rs. 1,000)
  • Rewards redemption fee: Rs. 99/-
  • Priority Pass Lounge Charges: All Airport Lounge visits inside India through the Priority Pass Program will be charged with a 19 usage fee of $27 per visit + all applicable taxes.
Track Application
  • To Track your SBI PRIME Business Credit Card application status – Click here
  • To Retrieve your SBI PRIME Business Credit Card application status – Click here

SBI PRIME Business Credit Card Review

Taking into consideration of customers reviews, we have given the Pros and Cons of SBI PRIME Business Credit Card below:

Pros

  • Unique security features
  • New Benefits like Yatra For Business, Mastercard Global Linker and Lowest Forex Markup

Cons

  • Worst customer care service.
  • Charging extra bills without intimating to customers.
  • Irritating calls from customer care.
Contact Details

SBI Cards and Payment Services Private Limited

Unit 401 & 402, 04th Floor,

 Aggarwal Millennium Tower,

E-1,2,3 Netaji Subhash Place,

Wazirpur, New Delhi -110034

Tel: 0124-4589803

Hope you may get the complete information of SBI PRIME Business Credit Card like About SBI PRIME Business Credit Card, Eligibility, Required Documents, How to Apply SBI Card PRIME Business, Benefits, Features, Rewards, Fees & charges, Tracking application details and Contact details. Don’t forget to share this article with your friends.

Leave A Reply

Your email address will not be published.