IRCTC SBI Card Premier
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 1500 bonus reward points worth Rs 1500 on payment of annual fees.
Milestone Benefits
Milestone Benefits: Users can earn 2,500 reward points on annual travel spending of Rs 50,000. 5,000 reward points on annual travel spend of Rs 1,00,000.
Cashback Rate
On buying tickets through irctc.co.in & IRCTC Mobile App for AC1, AC2, AC3, executive chair car and chair card, users can get upto 10% value back as reward points.
3 reward points on every 125 spent at dining, and on standing instructions on utility bill payment. Dining & bill cashback rate: 2.4%.
1 reward point on INR 125 on all other spends. Effective general cashback rate: 0.8%.
Movie Benefits
None.
Dining Benefits
3 reward points on every 125 spent at dining, and on standing instructions on utility bill payment. Dining & bill cashback rate: 2.4%.
Other Benefits
Free rail accident insurance of INR 10 Lakhs.
Free air accident insurance of INR 50 Lakhs.
Free fraud liability cover of INR 1 Lakh.
Reversal of annual fee on spends of INR 2 Lakhs.
Lounge Access
Free 8 complimentary railway lounge access in a year to participating lounges in India (2 per quarter).
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 1500 bonus reward points worth Rs 1500 on payment of annual fees.
Milestone Benefits
Milestone Benefits: Users can earn 2,500 reward points on annual travel spending of Rs 50,000. 5,000 reward points on annual travel spend of Rs 1,00,000.
Cashback Rate
On buying tickets through irctc.co.in & IRCTC Mobile App for AC1, AC2, AC3, executive chair car and chair card, users can get upto 10% value back as reward points.
3 reward points on every 125 spent at dining, and on standing instructions on utility bill payment. Dining & bill cashback rate: 2.4%.
1 reward point on INR 125 on all other spends. Effective general cashback rate: 0.8%.
Movie Benefits
None.
Dining Benefits
3 reward points on every 125 spent at dining, and on standing instructions on utility bill payment. Dining & bill cashback rate: 2.4%.
Other Benefits
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Lounge Access
Free 8 complimentary railway lounge access in a year to participating lounges in India (2 per quarter).
Fees & Charges
Joining Fee
N.A.(Not Applicable)
Annual Fee
(one time): INR 1499 + Taxes.
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500.
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum).
Late Payment Fee
Late Payment charges: 0 to 1300.
Foreign Currency Transactions Fee
N.A.(Not Applicable)
Other Fees
Renewal Fee (per annum): INR 1499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Fees & Charges
Joining Fee
N.A.(Not Applicable)
Annual Fee
(one time): INR 1499 + Taxes.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum).
Late Payment Fee
Late Payment charges: 0 to 1300.
Foreign Currency Transactions Fee
N.A.(Not Applicable)
Other Fees
Renewal Fee (per annum): INR 1499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Special Features
25 point on spend of every INR 100 at BPCL petrol pumps + Bharat Gas + BPCL fuel lubricants. Value of 1 point = INR 0.25. Effective cashback rate: 6.25% (Capped at 2500 reward points per month).
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
1. Online: This is the faster and more convenient method:
Visit the SBI Card website: Head to the official SBI Card website.
Navigate to the IRCTC SBI Card Premier page: Find the "Personal" category and choose "Shopping" as the sub-category.
Click "Apply Now": Look for the prominent "Apply Now" button on the card page.
Fill out the application form: Provide your personal details, income information, and KYC documents like PAN, etc.
Review and submit: Carefully review the application details.
Await decision: You'll receive an instant preliminary decision based on the information provided.
2. Offline: This method involves visiting a SBI branch and completing the application process:
Visit an SBI branch: Find a nearby SBI branch and express your interest in applying for the IRCTC SBI Card Premier.
Fill out the application form: A bank representative will assist you with the form and guide you through the process.
Submit the form and documents: Provide all requisite documents such as PAN, Aadhaar, and income proof along with the completed application.
Await decision: The bank will process your application and inform you about the final decision through your preferred communication channel.
Contact Details
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
Account Opening and Procedure
Card's main benefit is that it offers 10% discount on AC1, AC2, AC3, executive chair car and chair car. Card also provides 8 free railway lounge visits. Card otherwise has limited utlity for non-train travelers.
Card's main benefit is that it offers 10% discount on AC1, AC2, AC3, executive chair car and chair car. Card also provides 8 free railway lounge visits. Card otherwise has limited utlity for non-train travelers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai