By Divya Shokeen
Updated On October 5, 2021

Air India SBI Platinum Credit Card is a mid-level co-branded credit card by Air India and SBI Card. The card comes with a membership fee of Rs. 1,499 per annum. Being a travel credit card, it offers plenty of travel benefits including complimentary visits to lounges at domestic airports and an accelerated reward rate on Air India bookings.

SBI Card also offers another more premium co-branded credit card with Air India- Air India SBI Signature Credit Card which comes with a higher membership fee (Rs. 4,999 per annum) and offers a better reward rate and benefits. SBI Card is the only card issuer in the country to offer Air India co-branded credit cards. Read on to learn more about Air India SBI Platinum Credit Card.

Air India SBI Platinum Credit Card

Best Suited For

Travel |

Joining Fee

Rs. 1,499 (plus applicable taxes)

Reward Type

Reward Points |

Product Details

  • 5,000 reward points as a welcome gift on payment of the joining fee.
  • 2,000 reward points as anniversary gift every year the card membership is renewed.
  • Up to 15,000 bonus reward points every year on achieving the stipulated spend milestones.
  • 15 reward points per Rs. 100 on Air India ticket bookings for self on airindia.com.
  • 5 reward points per Rs. 100 on Air India ticket bookings for others on airindia.com.
  • 5 reward points per Rs. 100 on Air India ticket bookings for self or others via Air India call centers or booking offices.
  • 2 complimentary domestic airport lounge access per quarter.
  • Complimentary lost card liability cover worth Rs. 1 lakh applicable from 48 hours prior to 7 days post reporting the loss of card to the bank.
  • 1% fuel surcharge waiver at all fuel stations across India for transactions between Rs. 500 and Rs. 4,000 (max waiver capped at Rs. 250).

Rewards and Benefits

Welcome Benefits

5,000 reward points on payment of the joining fee

Movie & Dining

N/A

Rewards Rate

15 reward points per Rs. 100 on Air India ticket bookings for self on airindia.com, 5 reward points per Rs. 100 on Air India ticket bookings for others on airindia.com and 5 reward points per Rs. 100 on Air India ticket bookings for self or others via Air India call centers or booking offices.

Reward Redemption

Reward points earned can be converted into Air India Air Miles. 1 Reward point = 1 AirMile

Travel

Complimentary domestic lounge access

Golf

N/A

Domestic Lounge Access

8 complimentary domestic lounge access per year (max 2 per quarter)

International Lounge Access

N/A

Insurance Benefits

Lost card liability cover worth Rs. 1 lakh applicable from 48 hours prior to 7 days post reporting the loss of card to the bank

Zero Liability Protection

Cardholder not liable for any fraudulent transaction on the card post reporting the loss of card to the bank

Fees & Charges

Joining Fee

Rs. 1,499 (plus applicable taxes)

Renewal Fee

Rs. 1,499 (plus applicable taxes)

Spend based Waiver

N/A

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% (plus applicable taxes)

Interest Rates

3.5% per month (or 42% per annum)

Fuel Surcharge

1% fuel surcharge waiver at all petrol pumps across India on transactions between Rs. 500 and Rs. 4,000. The maximum limit of fuel surcharge waiver is capped at ₹ 250.

Cash Advance Charge

2.5% (minimum of Rs. 500)

Add-on Card Fee

Nil

Welcome/Renewal Benefits:

  • 5,000 reward points at the time of card issuance on payment of the joining fee.
  • 2,000 reward points every year the card membership is renewed as an anniversary gift.

Air India SBI Platinum Credit Card Rewards:

  • 15 reward points per Rs. 100 spent on Air India ticket bookings for self on airindia.com.
  • 5 reward points per Rs. 100 spent on Air India ticket bookings for others on airindia.com.
  • 5 reward points per Rs. 100 spent on Air India ticket bookings for self or others via Air India call centers or booking offices.

Milestone Benefits:

You earn bonus reward points on achieving the stipulated spend milestones-

Yearly spend Bonus Reward points Cumulative Bonus Reward Points
Rs. 2 lakhs 5000 5000
Rs. 3 lakhs 10000 15000

Reward redemption:

  • The reward points earned can be converted into Air India Air Miles.
  • 1 reward point = 1 Air Mile.
  • A minimum of 5,000 reward points are required for conversion into Air Miles.

Travel benefits:

You get 8 complimentary domestic airport lounge access annually (max 2 in a quarter) under the Visa lounge access program.

Insurance Benefit:

You get a complimentary lost card liability cover worth Rs. 1 lakh with the Air India SBI Platinum Credit Card. The cover is applicable from 48 hours prior to 7 days post reporting the loss of card to the bank.

Conclusion:

Air India SBI Platinum Credit Card can be considered a decent mid-level travel credit card as it not only offers an accelerated reward rate on Air India bookings but also complimentary domestic airport lounge access, which you don’t get with many mid-level credit cards. It can be the right pick for you if Air India is the career of your choice to fly to domestic destinations. However, if you travel very frequently, the more premium variant of the card- Air India SBI Signature Credit Card is also worth looking at.

What do you think about this offering by SBI Card and Air India in the travel category? Do let us know in the comments. If you’re an existing cardmember, feel free to share your experience with the card for the benefit of others.

FAQs:

You get 5,000 bonus reward points as a welcome benefit on card signup (subject to realization of the joining fee). However, you get only 2,000 bonus reward points as an anniversary gift every year the card membership is renewed.

You earn 15 reward points per Rs. 100 spent with the card on Air India ticket bookings for self on airindia.com.

You must have a minimum of 5,000 reward points on your Air India SBI Platinum Credit Card before they can be converted into Air India AirMiles.

SBI Card charges an interest of 3.50% per month (or 42% annually) on Air India SBI Platinum Credit Card.

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