The SBI Titan Credit Card has been recently launched by Titan in collaboration wit SBI. It has been especially tailored for those with a penchant for the exquisite offerings of the Titan brand. In this blog we will be reviewing the pros and cons of the SBI Credit Card.
Annual Fee: INR 2999 + GST
Special Feature: 7.5% cashback on World of Titan, Taneira, Titan Eye+, Helios, Fastrack, Skinn, Irth & Sonata
Welcome Benefit: Get reward points worth INR 3,000 on joining.
General Cashback Rate (Non-Titan): 1.5%.
Benefits Offered By SBI Titan Credit Card
The SBI Titan Credit Card provides a number of benefits, we have captured the most important ones below:
Welcome Benefits
The journey with the SBI Titan Credit Card begins with a generous welcome benefit of 12,000 reward points, equivalent to Rs. 3,000, credited upon the payment of the annual fees. These points can be redeemed against a wide array of Titan vouchers, providing a head start in the rewarding experience that awaits.
Reward System
Cardholders can indulge in their love for Titan products with attractive cashback offers. A substantial 7.5% cashback is available on purchases from Titan, Taneira, Titan EyePlus, and other non-jewellery Titan brands, with a maximum of INR 10,000 per quarter. Additionally, a 5% cashback on brands like Mia, Caratlane, and Zoya. On all other non-titan purchases the card offers a cashback of 1.5%.
Milestone Benefits
The SBI Titan Credit Card encourages spending with its milestone benefits. Upon reaching annual spends of Rs. 3 lakh, cardholders are rewarded with a renewal fee waiver, adding to the savings.
Travel in Comfort
The SBI Titan Credit Card offers 8 complimentary domestic airport lounge visits per year, ensuring a relaxing pre-flight experience. This benefit extends to international travel as well, with 4 complimentary international airport lounge visits annually.
Fees and Charges
The SBI Titan Credit Card comes with an annual fee of Rs. 2,999 plus taxes, which is easily offset by the plethora of benefits and rewards that come with the card.
Conclusion: A Card That Rewards Your Lifestyle
The SBI Titan Credit Card is a loyalty-based credit card. It will benefit you a lot if shop often at Titan stores. However, the general cashback rate at non-titan, non-tata stores is very low 1.5% cashback rate. Although, the card offers a milestone benefits, lounge benefits and good cashback rate on titan + tata stores it is still a card best suited for Titan fans.
For those interested in reading a more deatiled review and our rating of the product can click here.
FAQ
1. How much does the SBI Titan Credit Card cost?
The SBI Titan Credit Card costs INR 2999 a year, plus GST.
2. What are the welcome benefits of the SBI Titan Credit Card?
As a welcome benefit, cardholders get 12000 Reward Points worth INR 3000 when they pay their yearly fees.
3. How many reward points do I get for spending money on non-titan products?
Six Reward Points are given for every INR 100 spent on things other than Titan Spends. But this doesn't include areas like fuel, wallet uploads, property rental, and utilities.
4. How many free airport lounge visits does the cardholder gets?
Cardholders can use 8 domestic airport lounges for free every year, but no more than 2 per quarter.
5. What are the milestone benefits associated with this card?
If you spend 3 Lakhs a year, the renewal fee of 2999 naira will not be charged.
6. Can I check on the progress of my credit card application?
Yes, the SBI Card website lets you check on the progress of your SBI Credit Card application.
7. How do I get in touch with SBI Titan Credit Card customer service?
Sending an SMS to 5676791 from your registered phone number is one way to get in touch with customer service. You can also find more ways to get in touch on the SBI Card website.