Prime
Base Rate
0.5%
Forex Markup
3.5%
Joining Fee
₹2,999
Milestones
3
💳 Fee Structure
🧮 Reward Calculator
Monthly Spending Breakdown
Net Annual Value
+₹2,350
After ₹2,999 annual fee deduction
Base Rewards
₹1,350
Forex Net
+₹0
Milestones
₹3,999
Milestone Progress
₹1,000 Pizza Hut e-voucher on spending ₹50k in a calendar quarter
Spend ₹50K annually
Renewal fee of ₹2,999 waived on spending ₹3L in an anniversary year
Spend ₹3L annually
₹7,000 e-gift voucher (Yatra/Pantaloons) on spending ₹5L
Spend ₹5L annually
📝 Detailed Review
The CardVault Verdict
The SBI Prime Credit Card is a solid premium lifestyle credit card. It excels at daily-need spends like dining, groceries, and movies, offering a decent 2.5% reward rate. Milestone rewards are generous and annual fee waiver is easily achievable at ₹3L spends. However, general base rewards are low and it carries a high 3.5% forex markup.
Who Should Apply?
Best for middle-income professionals seeking a lifestyle card with solid milestone rewards and balanced lounge benefits.
Lounge Access
Unconditional Access
No minimum spend required to unlock lounge visits.
Visits / Year
12visits
Supported Networks
Additional Notes
8 domestic visits per year (max 2/quarter) + 4 complimentary international Priority Pass visits per year outside India.
⚖️ Pros & Cons
✓Pros
- •Decent 2.5% reward rate on key daily spending categories (Dining, Groceries, Movies)
- •Attractive welcome gift (₹3,00,00 voucher) matching the joining fee
- •Strong milestone program giving up to ₹11,000 value back (Pizza Hut + Yatra/Pantaloons vouchers)
- •Low annual fee waiver spend requirement of ₹3 Lakhs
✗Cons
- •Poor base reward rate of 0.50% on standard utility and offline spends
- •High 3.5% forex markup fee
- •Vistara and Trident travel partnership benefits have been devalued/removed
Historical Changes
Track record of card modifications
Clean Track Record
No devaluations recorded — this card has maintained its value proposition consistently.