SBI Platinum Credit Card
As we seen so far that technology has changed the entire structure of banking and corporate sectors and credit card is one of them. Corporate sector is consistently growing ups and making things quite easy. Applying for credit card is quite easy and policies of credit card are easily acceptable. SBI Platinum Card offers really amazing offers and rewards program for users. Apart from rewards, users will get plenty of gift items too. Credit cards work as per Reserve bank of India policies and terms & conditions. As of now SBI platinum credit card is known as SBI prime card and currently one of the most prestigious and reward offering credit card. State bank of India offers excellent opportunity for card users to earn maximum rewards while shopping online using this credit card. SBI platinum credit card have the reputation of offering true platinum experience in life.
Privileges on SBI Platinum Credit Card
a. If you will spend 3 lakhs or more per annum then will get complete waiver in renewal fees.
b. If someone is spending INR 50000 or more quarterly then you will receive e-gift voucher worth INR 1000 by pizza-hut.
c. Spend 5 lakhs or more annually then you will receive e-gift voucher worth INR 7000 from pantaloons and yatra.com, after completion of spending criteria, user will receive SMS regarding from respective rewards offering companies and user will receive the reward.
Welcome Gift Offers
State bank of India will offer interesting gift offers in association with globally recognize brands like shoppers stop, bata, yatra.com, pantaloons , marks and spencer, hush puppies and others. User can utilize their earned rewards points while shopping online or by showing their points at respective brand stores.
Trident Privilege Membership
a. User will earn 1500 reward bonus point in first stay and 1000 hotel credits in case of user extend night stay.
b. Register your details under this reward program and earn 1000 rewards points.
c. All users will get mandatory trident privilege membership.
d. If someone will book hotel under this program then he/she will receive 10% instant discount.
e. All the above describe facilities can be utilized by primary card holder.
a. User will earn 10 reward points when he swap card for departmental stores, dining, movie ticket booking, groceries.
b. Pay utility bill more than INR 100 or more and earn 10 reward points.
c. If user will spend INR 100 or more on stores like reliance fresh, reliance trend, big basket, sahakari bhandar and reliance foot prints.
a.Up to 50% discount on fees on selected golf course across India.
b. Book hotel rooms in associated with this credit card across the world.
c. On green fees, 4 complimentary round.
d. Book cab, ola, uber and get 35% off on charges.
e. User will get additional benefits and up to 8% additional discount when they will book via hotel.com
f. Up to 10% off on travel expenses when they will opt hertz.
a. Maximum 2 quarterly visits and overall 8 visits to domestic master/ visa card user lounge entire country.
b. User will also be able to use their 4 international priority pass in across the world.
c. This offer can be utilized by the primary card holder.
Club Vistara Membership Reward
a. There will be 9 reward points for card user, whenever he/she will spend every INR 100 on vistara flight.
b. All users will be eligible for silver membership offered by the vistara.
c. One upgrade voucher and one complimentary lounge access as reward for members.
If member will spend amount through SBI platinum credit card then as reward he will earn 20 rewards on spends of every INR 100. This is special and unique features and effort by respective bank and authority to make your birthday even better and memorable.
Exclusive Features of SBI platinum Credit Card
State bank of India offers excellent facility for platinum credit card user by offering them remarkable facility to pay their dues and bill quite easily. Extend credit facility ease the plenty of tasks. It is quite easy to carry forward remaining or due amount that too in affordable interest rate.
This is one of the most versatile credit card and currently accepted in more than 30 million outlets across the world and more than 325000 outlets in across India. Before going for payment always ask for confirmation regarding acceptance of credit card.
Cash on the GO Facility
As member sbi credit card, cash withdrawal from more than 1 million ATMs. User can pay amount either online or by withdrawing from SBI ATMs.
Guaranteed Peace of Mind
State bank of India offers world class facility for all members by offering them 24*7 customer care service, to resolve all instant queries.
Flexibility in Bill Payment
SBI credit card ensure that users will complete facility and earn maximum rewards while paying telephone bill, electricity bill, insurance premium before due date. There are two vital options that can be used in two ways:
a. Online Payment through Website: User can easily make payment through official credit card portal of state bank of India.
b. Standing Instruction: Enroll your information with your card and you will receive recent updates and information all automatic transaction performed through credit card.
Convert Your Payment into EMI
Convert payment into EMI is one of the most exclusive facilities offered by the respective bank to easy the payment related burden of users. This offer is joint venture of several major payments merchant to boost the promotion of their product and services. To utilize this facility, please confirmation of availability of this product service. To get the benefits of this program user need to follow steps given below:
a. Explore merchant/ manufacturer cash back offer on specific EMI based on transactions.
b. On spot approval.
c. No documentation required.
d. User will get convenient payment option of 12, 9, 6 and 3 moths.
To manage always choose EMI as per your budget otherwise you may face difficulty in financial balancing. If in case you want to apply for loan then always look for low interest rate. This facility van be avail this facility, always contact through customer care associates.
Alert Service by Offered by SBI
State bank of India offers one of the best security related services for members to keep their all payment safe and secure. Bank uses most recent technology to keep things under control, as responsible service provider avails the facility like cash and credit limits, mini statement alerts, payment assistance alert, cheque alerts. One of the major benefits of this type of alerts makes plenty of things easier for users.
State bank of India in association with royal sundaram offers the facility of family health floater and group and personal accidental insurance for all sbi credit card users. Some valuable points regarding this policy are:
a. Family health floater is kind of health insurance plan that cover to entire family of member.
b. Group personal insurance policy will cover your entire family if in case of sudden accident that causes permanent disability or death of respective member.
Fraud Liability Cover
a. Member will receive INR 50 lakh in case of air accident.
b. In case of credit card fraud bank will offer more than INR 1 Lakh cover.
There are 14 ways through which you can make payment quite easily:
a. SBI Mobile Banking: State bank of India has made card related due payment much convenient by launching it mobile banking facility. To take this one steps ahead regarding this, user need to send SMS from their registered mobile number. Just type MBSREG and send to 567676.
b. SBI Card Mobile App: Mobile app is much effective way of transferring amount digitally. User can easily download mobile app for their android, apple or windows mobile phone.
c. Visa Credit Card Pay: All sbi visa credit card holders can easily pay their utility bill and may perform other transactions. All made payment will be credited into account in next three working days.
d. Debit Card Payment.
e. Auto Debit Facility.
f. National Automated Cleaning House.
g. PayNet Payment Option.
h. National Electronic Fund Transfer (NEFT)
i. Electronic Bill Payment: User can easily pay bills through credit card. This is one of most tentative facility that any user can utilize.
j. Electronic Dropbox
k. SBI card drop.
l. SBI ATM
m. Online SBI
n. Over the counter payment.
Benefits of SBI Platinum Credit Card
1. Apply for SBI Platinum Credit Card and get welcome gift voucher worth Rs. 3000.
2. Alert after every transaction will help user to earn extra rewards points and facilities.
3. Use your card to shop at restaurants, supermarkets and international travel and get special cash back offers and rewards points.
4. SMS alerts, online tracking will help you to keep your transaction records authentic and verified.
5. Cardholders will get anniversary gift voucher worth Rs. 3000.
6. To make your transaction much authentic and instant use internet banking facility.
7. Up to 200 golf course access as rewards for users.
8. Free priority passes to access domestic and international airports.
Charges and Fees of SBI Platinum Credit Card
a. Add on fees: Nil
b. Joining or Annual Fees: INR 2999
c. Renewal Fees: Rs 2999 from second year onward.
a. Free Credit Period: Nil
b. Finance Charges: 40.02% per annum or around 3.35% of total mount on monthly basis.
c. Cash Advance Limit: Maximum 15000 per day or up to 80% of credit limit
a. Minimum amount due: 5% of total amount along with over limit amount and applicable EMI.
b. Interest Free Credit Period: If last month outstanding balance is fully paid then, user will get the window between 20 to 50 days.
c. Finance charges: From the date of transaction, up to 3.35% of total amount.
Late Payment Fees
a. If due amount is between INR 1 and INR 200 then late payment fees will be Nil.
b. If due amount is between INR 201 and 500 then late payment fees will be INR 100.
c. If due amount is between INR 501 and 1000 then late payment fees will be INR 400.
d. If due amount is between INR 1001 and 10000 then late payment fees will be INR 500.
e. In case amount is greater than INR 10000, then INR 750 will be charged as late fees.
a. Cheque Pickup Charges: INR 90.
b. Cash Payment Fees: INR 100
c. Statement retrieval fees: INR 100, when amount is more than 60 days old.
d. Charge Slip Retrieval Fees: INR 225
e. Payment dishonor fees: Minimum 2% of total amount.
a. Railway ticket booking through irctc.co.in, 1.8% of total amount along with applicable taxes.
b. Railway tickets booking though railway ticket counter INR 30 along with 2.5% of transaction amount.
c. If user spend amount between Rs. 500 and Rs. 4000 then he will receive 1% surcharge waiver at fuel station.
Eligibility Criteria for SBI Platinum Credit Card
1. Applicant must be salaried or self employed
2. Applicant age must be between 21 to 65 years.
3. Regular income source in mandatory.
Documentation for SBI Platinum Credit Card
1. Any Identity Proof Document like Driving License, PAN card, valid passport, Voter ID, MAPIN (Market Participant Identification Number) Card.
2. Recently Clicked Passport Size Photo.
3. Last three month salary slip.
4. Address proof documents like ration card, rent agreement, voter ID card, Passport, post paid telephone or mobile bill, driving license or any government approved address proof.
5. Letter form IT department