With plastic money, which credit cards are often addressed as, comes a great deal of responsibility and a long list of wise guidelines. Don’t cross the credit limit, don’t spend more than what can be repaid easily, don’t have too many credit cards or too much debt piled up and the likes, are some common words of wisdom that accompany credit cards. Still, the convenience and usefulness of these plastic money instruments continue to prevail. The increasing demand of credit cards has not only captured the interests of private financial players, which are constantly providing unique offers to attract more customers, but has also encouraged some major public financiers, like SBI, to jump into the game.
Credit cards are, undoubtedly, one of the most effective alternatives to carrying money or worrying about having enough balances in debit cards. Therefore, before applying for an SBI Credit Card, one must be fully aware of the different types of cards offered and make the right selection accordingly. It is considered wise to take a moment, compare the details, consider the benefits and indulge in deep thinking, before getting carried away by impulsive moments and applying for just any random plastics that pops on the computer screen or as shown by the sales professionals.
So what kind of credit card would be perfect? The easy answer to this question comes out by following an introspective approach. It all depends upon the kind of usage that a potential user prefers and the entailing rewards that customers expect, in addition to the additional fees, interest and charges. Here is a brief description of the best SBI credit card available under each broad category outlined by the banking organization.
Premium Cards – SBI Platinum Card
The Platinum SBI Credit Card is a premium plastic instrument that is fairly popular among the crème class of the society, primarily due to its several lifestyle benefits. The Platinum credit cards offer a whopping 10 reward points for every Rs. 100 spent at department stores, dining and international spending, which is 5 times more than any other credit card available in the market. In addition to the regular fuel waiver, easy EMI’s and other benefits, the customers can also enjoy complimentary membership to the Elite Priority Pass Program, which gives them access to more than 600 super luxury airport lounges in over 300 cities all across the world. The patrons are also rewarded with True Value benefits at every membership stage of the Platinum SBI Credit Card.
Description Details
Joining Fees Rs. 2999
Annual Fees Rs. 2999
Interest Free Credit Period 20-50 days
Interest Rate 3.35% per month
Travel – IRCTC SBI Platinum Card
Designed by the renowned cartoonist, R K Laxman, it is probably the only credit card in India that offers free train tickets to customers. A fine blend of exclusive benefits and privileges, the travel IRCTC Platinum SBI Credit Card offers 10% value back on AC I/II/Chair Car/ Executive Chair Car tickets booked through IRCTC in the form of reward points (4 points during normal days and 10 points during holidays). Apart from this, customers can gain 3 points for every Rs. 125 spent at department and grocery stores, 1.8% transaction charge waiver at IRCTC and 2.5% fuel surcharge waiver at every petrol pump by making payments through this card.
Shopping - SBI Advantage Gold & More Card
This SBI Credit Card is the most basic type of credit card that is aimed to providing the maximum benefits to avid shoppers. This credit card offers 1 reward point for every Rs. 100 spent, 2.5% value back on all grocery and departmental store spends, 2.5% fuel surcharge waiver at all petrol pumps and several amazing welcome offers to the users.
So, these are some of the best credit cards that are available for the customers belonging to different categories and having distinct spending needs. The options are not limited to the above three, as the list goes on and on. One just needs to evaluate the personal needs and requirements, and apply for the right SBI Credit Card with the bank.
Credit cards are, undoubtedly, one of the most effective alternatives to carrying money or worrying about having enough balances in debit cards. Therefore, before applying for an SBI Credit Card, one must be fully aware of the different types of cards offered and make the right selection accordingly. It is considered wise to take a moment, compare the details, consider the benefits and indulge in deep thinking, before getting carried away by impulsive moments and applying for just any random plastics that pops on the computer screen or as shown by the sales professionals.
So what kind of credit card would be perfect? The easy answer to this question comes out by following an introspective approach. It all depends upon the kind of usage that a potential user prefers and the entailing rewards that customers expect, in addition to the additional fees, interest and charges. Here is a brief description of the best SBI credit card available under each broad category outlined by the banking organization.
Premium Cards – SBI Platinum Card
The Platinum SBI Credit Card is a premium plastic instrument that is fairly popular among the crème class of the society, primarily due to its several lifestyle benefits. The Platinum credit cards offer a whopping 10 reward points for every Rs. 100 spent at department stores, dining and international spending, which is 5 times more than any other credit card available in the market. In addition to the regular fuel waiver, easy EMI’s and other benefits, the customers can also enjoy complimentary membership to the Elite Priority Pass Program, which gives them access to more than 600 super luxury airport lounges in over 300 cities all across the world. The patrons are also rewarded with True Value benefits at every membership stage of the Platinum SBI Credit Card.
Description Details
Joining Fees Rs. 2999
Annual Fees Rs. 2999
Interest Free Credit Period 20-50 days
Interest Rate 3.35% per month
Travel – IRCTC SBI Platinum Card
Designed by the renowned cartoonist, R K Laxman, it is probably the only credit card in India that offers free train tickets to customers. A fine blend of exclusive benefits and privileges, the travel IRCTC Platinum SBI Credit Card offers 10% value back on AC I/II/Chair Car/ Executive Chair Car tickets booked through IRCTC in the form of reward points (4 points during normal days and 10 points during holidays). Apart from this, customers can gain 3 points for every Rs. 125 spent at department and grocery stores, 1.8% transaction charge waiver at IRCTC and 2.5% fuel surcharge waiver at every petrol pump by making payments through this card.
Shopping - SBI Advantage Gold & More Card
This SBI Credit Card is the most basic type of credit card that is aimed to providing the maximum benefits to avid shoppers. This credit card offers 1 reward point for every Rs. 100 spent, 2.5% value back on all grocery and departmental store spends, 2.5% fuel surcharge waiver at all petrol pumps and several amazing welcome offers to the users.
So, these are some of the best credit cards that are available for the customers belonging to different categories and having distinct spending needs. The options are not limited to the above three, as the list goes on and on. One just needs to evaluate the personal needs and requirements, and apply for the right SBI Credit Card with the bank.