The State Bank of India is one of the country’s largest banks. In addition to providing its customers with banking and other financial services, SBI also offers a host of credit cards. Their offerings in the credit card space are not only packed with attractive features and rewards, but also come with low charges.
With over 12 different credit card options to choose from, which includes SBI Credit Card Elite, SBI Prime Credit Card, BPCL SBI Card, and Simply CLICK SBI Credit Card, among others, it can get quite overwhelming for the average user to choose the one that’s right for them.
However, don’t worry. We’ve curated a list of few of the best credit cards offered by SBI Bank that you can consider. Here’s a quick look.
Best Credit Cards Offered by SBI Bank
For this list, we’ve taken three of the top and the most popular credit cards offered by SBI – SBI Credit Card Elite, BPCL SBI Card, and SBI Prime Credit Card. Let’s take a look at each of them along with their features, benefits, and charges.
- BPCL SBI Card
If you’re an individual who regularly commutes to work using your own vehicle, then this credit card is for you. Launched in collaboration with Bharat Petroleum, the BPCL SBI Card comes with a host of benefits and lets you save on fuel costs.
Features and Benefits
- 2,000 activation bonus reward points that can be used for fuel purchases at BPCL outlets, purchase of BPCL vouchers, and purchase of Shop n Smile rewards
- Value back benefit of up to 3.5% of the total fuel purchase at BPCL outlets plus 1% additional fuel surcharge waiver on every transaction up to Rs. 4,000.
- Up to 5X reward points for every Rs. 100 used for the purchase of groceries, movie tickets, and for fine-dining experiences.
Fees and Charges
- Annual fees – Rs. 499 + taxes
- Finance charges – Higher of Rs. 25 or 3.35% per month
- SBI Prime Credit Card
Alternatively, if you’re looking for a more premium credit card with more benefits and a much more attractive rewards program, then the SBI Prime Credit Card may just be the perfect option for you.
Features and Benefits
- e-Gift vouchers worth Rs. 3,000 on activation of the credit card.
- For every Rs. 100 spent on utility bill payments (through standing instructions), you stand to receive 20 reward points.
- Pizza Hut e-voucher of Rs. 1,000 for spends of Rs. 50,000 and above in a calendar year.
- 4 complimentary International Priority Pass Lounge visits outside India and 8 complimentary Domestic Lounge visits within India.
Fees and Charges
- Annual fees – Rs. 2,999 + taxes
- Finance charges – Higher of Rs. 25 or 3.35% per month
- SBI Credit Card Elite
If you thought that the SBI Prime Credit Card was the ultimate premium card, wait till you see the SBI Credit Card Elite. It is by far the top of the line credit card from SBI. Take a look at the features and benefits offered by it.
Features and Benefits
- Welcome e-Gift vouchers of your choice from a plethora of lifestyle and travel brands.
- 5X reward points on grocery, dining, and departmental stores spends.
- Bonus reward points for annual spends of Rs. 3 lakhs and more.
- 4 complimentary International Priority Pass Lounge visits outside India and 8 complimentary Domestic Lounge visits within India.
- Complimentary Trident Privilege Red Tier membership.
- Ultra-low foreign currency mark-up charge of just 1.99%.
- Complimentary Club Vistara Silver membership.
Fees and Charges
- Annual fees – Rs. 4,999 + taxes
- Finance charges – Higher of Rs. 25 or 3.35% per month
Conclusion
Does reading about the best credit cards offered by SBI Bank make you want to get one immediately? If that’s the case, head on over to Finserv MARKETS right away. All it takes is a few minutes to apply for any of the top SBI Bank credit cards on Finserv MARKETS and upgrade the way you pay.
