IRCTC SBI Card Premier Credit Card Launched – Review


SBI Card in partnership with IRCTC has silently launched IRCTC SBI Card Premier Credit score Card. This bank card is a stage above the older IRCTC SBI Platinum Card and gives extra advantages than latter. A number of the notable options of IRCTC SBI Card Premier Credit score Card are accelerated rewards on buying prepare tickets, air tickets, IRCTC catering providers and so on. on IRCTC portal. This card additionally presents waiver on transaction prices for prepare and air ticket reserving together with spend primarily based milestone advantages.

IRCTC SBI Card Premier Credit Card Design

Similar to different SBI Playing cards, IRCTC SBI Card Premier Credit score Card is properly designed. This card options a gorgeous summary design which provides to it’s aesthetics. IRCTC SBI Card Premier Credit score Card is offered on Visa Signature platform and is enabled for contact-less funds.

Eligibility Standards

Although SBI Card has not disclosed the eligibility standards for IRCTC SBI Card Premier Credit score Card, I gathered following info from their govt:

  • Age: Minimal 21 Years
  • Salaried: Internet Month-to-month Earnings > Rs. 25,000 per thirty days
  • Self Employed: ITR > Rs. 3 Lakhs each year

SBI Card may be very strict about credit score historical past and there’s a excessive likelihood of rejection should you don’t have credit score historical past or your credit score rating is low.


IRCTC SBI Card Premier Credit score Card comes with following charges:

  • Becoming a member of charge: Rs. 1,499 + GST
  • Renewal charge: Rs. 1,499 + GST

Renewal charge is waived off if spend in earlier yr is greater than Rs. 2 Lakhs. SBI Card usually doesn’t points bank card life time free and one must pay the annual free yearly if they don’t seem to be in a position to meet the spending standards for charge waiver.


Being a co-branded bank card, IRCTC SBI Card Premier gives most advantages whereas transacting on it’s accomplice model IRCTC.

Welcome Profit

  • 1,500 reward factors equal to Rs. 1,500 on cost of first annual charge
  • BookMyShow film voucher value Rs. 500 on spending Rs. 2,000 inside 60 days of card setup

These are some respectable advantages and it’s fairly evident that SBI Card compensates for becoming a member of charge in type of bonus reward factors. BookMyShow film voucher additional sweetens the deal making it much more profitable.

Milestone Advantages

  • 2,500 Reward Factors on annual journey spends of Rs. 50,000
  • 5,000 Reward Factors on annual journey spends of Rs. 1,00,000

That’s an extra reward fee of seven.5% on attaining a spend of Rs. 1 Lakh on this card. The bonus reward factors will likely be credited inside 15 days of attaining spends goal.

Reward Factors

  • 1 Reward Level = Rs. 1
  • 10% again on AC1, AC2, AC3, AC CC as reward factors for ticket buy on IRCTC
  • 5% again on Air ticket purchases at IRCTC
  • 5% again on E-catering purchases at IRCTC
  • 3 Reward Factors per Rs. 125 spent on Eating and standing directions on Utility spends, 2.4% reward fee
  • 1 Reward Level per Rs. 125 spent on different retail purchases (Non gasoline) together with railway ticket purchases at IRCTC, 0.8% reward fee

The reward factors have validity of three years and may solely be redeemed on IRCTC portal for prepare tickets.

Insurance coverage Cowl

  • Rail Accident Insurance coverage of Rs. 10 Lakhs
  • Air Accident insurance coverage of Rs. 50 Lakhs
  • Fraud Legal responsibility cowl of Rs. 1 Lakh

The insurance coverage cowl is respectable and may prevent some bucks should you’re in behavior of buying insurance coverage coverage together with every prepare ticket.

Waiver of transaction prices

  • 1.8% transaction cost waiver on prepare ticket reserving
  • 1.8% transaction cost waiver on air ticket reserving

Finance Expenses

  • Overseas Foreign money Markup of three.5%
  • Revolving credit score at rate of interest of three.35% per thirty days
  • 1% gasoline surcharge waiver for every transaction between Rs. 500 to Rs. 4,000, most Rs. 250 per assertion cycle


Although SIRCTC SBI Card Premier Credit score Card gives respectable advantages, there are some drawbacks too:

  • No complimentary Railway Lounge entry: Absence of Railway Lounge entry on a IRCTC co-branded bank card is a shocker. SBI Card ought to have supplied complimentary Railway Lounge entry on this card to make it much more enticing.
  • Low default reward fee: The default reward fee of 0.8% is de facto low. Virtually all just lately launched co-branded bank cards present reward fee higher than this. SBI Card ought to have supplied a greater reward fee to stay aggressive.


IRCTC SBI Card Premier Credit score Card is a good bank card and would make sense for individuals who journey by prepare loads. 10% reward fee on prepare tickets and 5% reward fee on air tickets with no higher restrict is sort of good.

Nonetheless I wouldn’t recommend this card to those that journey by prepare very sometimes as there are different bank cards like HDFC Financial institution Regalia which give higher reward fee on air tickets. Additionally, HDFC Financial institution has just lately enabled prepare ticket reserving on SmartBuy portal whereby you will get reward fee as much as 33%, approach higher than IRCTC SBI Card Premier Credit score Card. If you wish to have a low charge SBI Card in your pockets only for accomplice service provider presents, I might recommend you to stay with SBI SimplyCLICK bank card in case your spends are largely on-line and SBI SimplySAVE bank card in case your spends are largely offline.



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