By: OurMoneyGuide || Last updated on: May 16, 2024
Reliance SBI Card PRIME is a co-brand card launched by SBI Card, in partnership with Reliance Retail. It is a good card for regular shoppers at various Reliance Retail outlets – you can earn approximately 5% on Reliance Retail spends, at ₹3 lakhs annual card spend at various Reliance Retail outlets. You also get special discounts upto 5%, at participating Reliance Retail Stores.
You also get good lifestyle benefits like complimentary access to airport lounges both in India (2 times per quarter) and abroad (4 times per year)
✔︎ 2.50% benefit at participating ‘Reliance Retail Stores’ (click here for list of participating ‘Reliance Retail Stores)
– You earn 10 reward points worth ₹2.50, on every ₹100 you spend at participating ‘Reliance Retail Stores’ (except UPI payments).
– 1 reward point = ₹0.25 or 25 paise. You can convert your reward points to Reliance Retail vouchers. Vouchers can be redeemed at the following Reliance Stores.
✔︎ Upto 2.9% additional benefit, on achieving specified annual card spend levels at participating Reliance Retail Stores
1. You get ₹1500 Reliance Retail Voucher, at annual card spends of ₹75,000 at participating Reliance Retail Stores
2. You get ₹2250 Reliance Retail Voucher, on annual card spends of ₹1.50 lakhs at participating Reliance Retail Stores
3. You get ₹5000 Reliance Retail Voucher, on annual card spends of ₹3 lakhs at participating Reliance Retail Stores
So you could earn ₹8750, if you spend ₹3 lakhs annually at participating Reliance Retail Stores – 2.9% benefit. Please see table below for benefits at each level of annual card spend-
| Benefit | Total benefit | |
|---|---|---|
| At ₹75,000 annual card spend at participating Reliance Retail Stores | ₹1500 worth Reliance Retail Voucher | ₹1500 worth Reliance Retail Voucher – 2% benefit |
| At ₹1.50 lakhs annual card spend at participating Reliance Retail Stores | ₹2250 worth Reliance Retail Voucher | ₹3750 worth Reliance Retail Voucher – 2.50% benefit |
| At ₹3 lakhs annual card spend at participating Reliance Retail Stores | ₹5000 worth Reliance Retail Voucher | ₹8750 worth Reliance Retail Voucher – 2.91% benefit |
For list of participating ‘Reliance Retail Stores’, please click here.
Vouchers can be redeemed at the following Reliance Stores.
You get upto 10% discount at various Reliance Retail Stores.
Please click here for details.
You earn 5 reward points worth ₹1.25, on every ₹100 you spend on these categories.
1 reward point = ₹0.25 or 25 paise. You can convert your reward points to Reliance Retail vouchers. Vouchers can be redeemed at the following Reliance Stores.
You earn 2 reward points worth ₹0.50(50 paise), on every ₹100 you spend on all other spends.
1 reward point = ₹0.25 or 25 paise. You can convert your reward points to Reliance Retail vouchers.
Exceptions : No reward points are given on following card spends – fuel, property rental, wallet upload.
You get free visits to international airport lounges, 4 times per calendar year (but maximum 2 times per quarter)
For list of lounges, please click here.
You get 1 complimentary movie ticket a month, worth ₹250.
You get a 1% fuel surcharge waiver at all fuel stations across India, only on fuel purchases between ₹500 and ₹4000. And only on fuel purchases upto ₹10,000 per month (since the waiver amount is capped at ₹100 per monthly card statement cycle)
Please click here for all the options to contact the bank for various issues and escalations, including-
– Lost and stolen cards : you can block on your mobile app or internet banking OR through SMS option OR by calling customer care
– Complaints and grievances : including steps on how to escalate to higher levels in case your issue is not resolved
– Raise and manage disputes
You can get add-on cards for your parents, spouse, children or siblings above the age of 18 years. For more details, and important terms and conditions, please click here.
| Annual fee | Annual fee offers | |
|---|---|---|
| 1st year joining fee | ₹2999 | Welcome offers – You get Reliance Retail voucher worth ₹3,000, on payment of joining fees. Please click here to know where this voucher can be redeemed. – You also get additional discount vouchers worth ₹11,999, of various participating Reliance Retail Stores. For details, please click here. |
| Renewal fee from 2nd year onwards | ₹2999 | Renewal fee offer : Annual fee is not charged from the second year onwards, if you spend ₹3 lakh or more in the previous year. Hence the card is virtually free , if you spend ₹3 lakh or more each year on your card. |
Please refer to the below table for details
| Amount due | Late Fee |
|---|---|
| Less than ₹500 | Nil |
| ₹501 to ₹1,000 | ₹400 |
| ₹1,001 to ₹10,000 | ₹750 |
| ₹10,001 to ₹25,000 | ₹950 |
| ₹25000 to ₹50000 | ₹1100 |
| Over ₹50000 | ₹1300 |
3.50% of the transaction value.
3.50% per month (42% p.a.).
– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – SBI Credit Card Fees & Charges
Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for the SBI Credit Card, there are certain basic criteria that all applicants must fulfil.
| Minimum age | 21 years |
| Maximum age | 70 years |
| Occupation | Salaried or self-employed |
| Minimum income requirements | Not specified. Should have a regular source of income |
| Other criteria | Good credit score, preferably above 750 |
| Online application process | The easiest way to apply is to click here – APPLY NOW , you shall be taken to the card application page on the SBI Card website. You can also visit the official website of SBI Card and fill out the application form. Steps : – Fill out the online application form – personal details like mobile phone number, emplyment, income, Aadhar / PAN number – Click ‘Submit’ and you will receive an instant decision on the application basis the information provided – If your application is approved, you will receive a call from SBI Card team for verification – Post necessary verification, the card is issued to you Virtual card : In addition to this, SBI Card team will send an SMS on your registered mobile number with a link to generate your e-card. With this e-card you can view your credit card details digitally, even before your physical card reaches you, and start shopping online instantly. |
| Offline (face to face) application process | You can visit any of the nearest branches of SBI Card, and talk to an executive regarding the process. |
| Required documents | – PAN card – Copy of Aadhaar card (with first 8 digits masked) or any valid government address proof – Income documents – salary slip, income tax return etc. may be required depending upon the credit card eligibility & policy In addition to these, you maybe asked to provide additional documents, on a case-to-case basis. |
| Tracking credit card application status | – You can track the status of your application on – ‘Track Application’ section. – Please click here – Home page (and see top section of the page section named – ‘Track your application’) OR – Please click here – Eapply page (and see bottom of the page section named – ‘Track Credit Card Application’) You need to enter some basic information (like application number/ reference number, name, mobile number), to see the status of your SBI Card application |
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