Federal BankSBI Card has launched two new credit cards in association with Reliance. One is an entry-level credit card – Reliance SBI Card. While Reliance SBI Card Prime is a superior offering. With this card, you get a fantastic reward rate of 10 Reward Points for every Rs. 100 spent on Reliance Stores. Along with this, you also get Reliance Vouchers worth Rs. 3,000 and many additional discount vouchers for popular brands like Zivame, AJIO and Jio Mart. There is a joining and renewal fee of Rs. 2,999 associated with this card, but you can easily get the renewal fee waived by spending Rs. 3 lakh in a year.
Keep on reading to know more about the Reliance SBI Card Prime.
Reliance SBI Card PRIME
Fees
Joining Fee
Renewal Fee
Best Suited For
Shopping |
Reward Type
Reward Points |
Welcome Benefits
Movie & Dining
One Free Movie Ticket Each Month Worth Rs. 250
Rewards Rate
10 RPs at Reliance Stores (2 RPs for UPI Payments), 5 RPs on Movies, Dinning, Domestic Airlines & International Spends. 2 RPs on Other Spends
Reward Redemption
Can Be Redeemed for Reliance Vouchers (1 RP = 0.25)
Travel
N/A
Golf
N/A
Domestic Lounge Access
8 Complimentary Visits Per Year (2 Each Quarter)
International Lounge Access
4 Complimentary Visits Per Year (2 Each Quarter)
Insurance Benefits
N/A
Zero Liability Protection
Cardholder Will Not Be Liable for Any Fraudulent Transaction if the Card is Reported Lost or Stolen to the Bank in a Timely Manner
Spend Based Waiver
Waiver of Annual Charges on Spends of Rs. 3 Lakh
Rewards Redemption Fee
Rs. 99
Rewards Redemption Fee
Rs. 99
Foreign Currency Markup
3.5% of the Transaction Amount
Interest Rates
3.5% Per Month (42% Annually)
Fuel Surcharge
1% Fuel Surcharge Waiver on Transactions Between Rs. 500 and 4,000
Cash Advance Charges
2.5% or a Minimum of Rs. 500
Add-on Card Fee
N/A
- Get Reliance Retail Vouchers worth Rs. 3,000 as a welcome benefit.
- Get 8 free domestic and 4 international lounge access with this credit card.
- You can easily link your Reliance SBI Prime Credit Card to your UPI application.
- Earn great rewards while shopping at Reliance stores.
Pros
- You get free domestic and international lounge access with this card.
- This card is best for shopping at Reliance stores.
Cons
- Discounts are mainly centered around Reliance Brands.
Reliance SBI Card PRIME Features and Benefits
Welcome Benefits
- Get a Reliance Retail voucher worth Rs. 3,000.
- Get additional discount vouchers, which can be used at participating Reliance Retail stores.
Discount Vouchers Worth Rs. 11,999
All of these discount vouchers can only be availed once.
| Brand Name | Value of Voucher | Minimum Purchase Value |
| Reliance Trends – Apparel and Footwear | Rs. 1,000 | Rs. 3,999 |
| AJIO | Rs. 750 | Rs. 3,999 |
| Centro | Rs. 1,000 | Rs. 6,000 |
| Zivame/Clovia | Rs. 500 | Rs. 1,999 |
| Coverstory | Rs. 2500 | Maximum Redemption Value = 10% of Bill Value |
| JioMart | Rs. 250 | Rs. 1,250 |
| Urban Ladder | Rs. 2,500 | Maximum Redemption Value = 10% of Bill Value |
| Netmeds (Online) | Rs. 500 | Rs. 1,999 |
| Reliance Jewels | Rs. 2,000 | On Purchase of 49,999 |
Discount & Offers
Here are some of the discounts you can avail with the Reliance SBI Prime Credit Card.
| Brand | Instant Discount |
| Reliance Trends – Apparel and Footwear | 10% Up to Rs 750 Per Month |
| AJIO | 5% Up to Rs 1,000 Per Month |
| CENTRO | 10% Up to Rs. 2,000 |
| Zivame/Clovia | 5% Up to Rs. 1,000 |
| Coverstory | 5% Up to Rs 250 Maximum Rs. 1,000 |
| Groceries – Offline Stores | 1 R Point on Every Rs. 200 Spent |
| Urban Ladder | 5% Up to Rs 750 Per Month |
| JioMart | 5% Cashback in JioMart Wallet Up to Rs. 1,000 Per Month |
Spending Milestone Benefit
- Get a Rs. 1,500 Reliance Retail voucher on annual spends of Rs. 75,000.
- Get a Rs. 2,250 Reliance Retail voucher on annual spends of Rs. 150,000.
- Get a Rs. 5,500 Reliance Retail voucher on annual spends of Rs. 300,000.
Movie Benefit
1 movie ticket per month worth Rs. 250 with BookMyShow.
Reliance SBI Card PRIME Rewards
- 10 Reward Points per Rs. 100 spent on participating Reliance Retail Stores.
- 2 Reward Points per Rs. 100 spent on participating Reliance Retail Stores when payment is made through the UPI application.
- 5 Reward Points per Rs. 100 spent on dining, movies, entertainment, domestic flights and international transactions.
- 2 Reward Points per Rs. 100 spent on all other retail spends.
- Fuel, wallet reloads, and rental payments are not eligible for Reward Points.
4 Reward Points = Rs. 1
How to Apply for a Reliance SBI Card PRIME?
You can apply for the Reliance SBI Card PRIME by following these steps-
- Click on the Apply Now button on your screen.
- Fill in a few details.
- Successfully submit your application.
Reliance SBI Card PRIME Review
The Reliance SBI Card Prime is most suited for Reliance Brand loyalists. This co-branded credit card was launched by the association of Reliance and SBI Card. With great welcome benefits, discount vouchers and offers on Realicne Brands, you sure will save on your spendings. Along with all of this, you also get one movie ticket worth Rs. 250 per month. For frequent travelers, there is also complimentary domestic and international lounge access so that you travel comfortably.
Tell us your thoughts on this latest offering by SBI Card in the comments below.
FAQs:
Yes, you can easily make contactless payments up to Rs. 5,000 with this card.
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