Key Features & Benefits
- ✦Up to 10% value back on IRCTC ticket bookings via irctc.co.in
- ✦3 Reward Points per ₹125 on utility standing instructions and dining
- ✦1 Reward Point per ₹125 on all other eligible spends
- ✦1 Reward Point = ₹1 (premium rate — not ₹0.25 like standard SBI cards)
- ✦8 complimentary domestic lounge visits per year
- ✦2 complimentary railway lounge visits per quarter
- ✦Annual fee waiver on ₹2L spend
- ✦1% fuel surcharge waiver
- ✦1.8% transaction surcharge waiver on IRCTC
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Welcome & Joining Benefits
- ✦350 bonus Reward Points on first transaction of ₹500+
- ✦₹100 cashback on first ATM withdrawal within 30 days
Milestone Benefits
- ✦₹2L annual spend → ₹1,499 annual fee waived
Pros & Cons
✓ Advantages
- ✓10% back on IRCTC — best railway booking card in India
- ✓1 RP = ₹1 (4X the value of standard SBI Reward Points)
- ✓Railway lounge access — dedicated lounges at major Indian railway stations
- ✓8 airport lounge visits at a reasonable fee
- ✓Great for frequent train travellers + utility payers
✗ Disadvantages
- ✗Best value only for IRCTC users
- ✗3.5% forex
- ✗Transaction surcharge waiver = 1.8% which means 10% – 1.8% = effective ~8.2% net saving
Frequently Asked Questions
Is 1 RP really worth ₹1 on this card?▼
Yes — IRCTC SBI Card Premier has a special 1 RP = ₹1 redemption rate specifically for IRCTC ticket redemptions. On general merchandise/gift redemptions, the rate may differ. This is what makes the 10% value back meaningful.
What is the railway lounge?▼
IRCTC and SBI Card have partnered to give access to Lounge Railotel facilities at major Indian railway stations (New Delhi, Mumbai CST, Patna, Jaipur, etc.). These lounges offer seating, food, WiFi, and shower facilities.
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