SBI Card MILES PRIME Review

General Information

Rewards and Benefits

Fees and Charges

Summary

The cardholder will receive 3,000 Travel Credits as a welcome gift, which will be added to their account. Customers who spend more than ₹1 lakh using the MILES Credit Card will be rewarded with an extra domestic airport lounge visit. By making annual spends of ₹5 Lakh, cardholders can earn 5,000 Bonus Travel Credits.

The SBI Card MILES PRIME is a credit card that offers great benefits for travel enthusiasts.

With a joining fee of Rs. 2,999 + GST and a renewal fee of Rs. 2,999 + GST, it may seem pricey, but the advantages make it worthwhile.

For those who love to travel, this card is an excellent fit.

It offers reward points as its reward type, allowing cardholders to earn points on their purchases.

One of the attractive welcome benefits is the chance to earn 3,000 Travel Credits by spending ₹60,000 within 60 days of card issuance.

While movie dining benefits are not available with this card, the shopping benefits are impressive.

Cardholders can earn 4 Travel Credits for every ₹200 spent on travel and 2 Travel Credits for every ₹200 spent on other expenses, making it convenient to accumulate rewards.

Additionally, a complimentary Priority Pass Membership worth $99 is included, providing access to airport lounges worldwide.

Cardholders also enjoy the perk of 8 complimentary domestic airport lounge access and 4 complimentary international airport lounge access per year.

Travel insurance benefits are offered, covering flight cancellations, lost baggage, and air accident coverage, among others.

This ensures peace of mind during trips.

The annual fee can be waived for cardholders who spend ₹10 Lakhs, making it an achievable goal.

However, a rewards redemption fee of ₹99 is applicable.

For international transactions, there is a foreign currency markup of 2.5% of the amount transacted.

The interest rate stands at 3.5% per month (42% annually).

When it comes to fuel-related expenses, cardholders can enjoy a 1% fuel surcharge waiver on fuel transactions ranging from ₹500 to ₹4000.

Cash advance is possible with this card, charging either 2.5% or ₹500, whichever is higher.

In summary, the SBI Card MILES PRIME is a credit card focused on providing benefits for travel enthusiasts.

With its reward points system, complimentary airport lounge access, and travel insurance coverage, it caters to the needs of frequent travelers.

The annual fee can be waived through spend-based criteria, making it even more appealing.