Eligible spend
0.8 points per ₹100 on eligible spend
SBI RUPAY
IRCTC SBI Card Premier
Should you get this?
Conditional fit
Why this card
- Up to 10 pts / ₹100 on IRCTC
- You travel frequently and will use the lounge benefits.
- You spend on iRCTC.
Trade-off
The annual fee (₹1,499) is waived only when eligible annual spend exceeds ₹2,00,000.
Annual fee ₹1,499 per year
Rewards 0.8 pts / ₹100
Lounge access 8 railway visits / year
Forex markup 3.5% high
Compare with Axis Bank IndianOil Axis Bank Premium RuPay →
Similar tier comparison
What it costs to get, and to keep
Joining vs renewalFirst year
₹1,499joining fee
From year 2
₹1,499renewal fee
Waived above ₹2,00,000 eligible annual spend
Welcome offer
1,500 Reward Points on payment of first annual fee
SBI Card Travel
Qualification and fulfilment conditions apply
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend0.8 pts / ₹100Credited as reward pointsDoes not earn on —
- fuel
IRCTC (domestic)10 pts / ₹100Credited as reward points—
Travel4 pts / ₹100Credited as reward points750 points per statement cycle; at 4 pts / ₹100, this lane reaches the cap at ₹18,750 of eligible spend
Dining2.4 pts / ₹100Credited as reward points—
Redemption value
What a Reward Point is worth
- Travel₹1 / pt
When does this card pay for itself?
Rewards break-even estimate ₹1.9L
Conservative yearly spend needed at the ₹1-per-point ranking floor.
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getVerified value
₹1 per point
Travel
Best verified lane
IRCTC (domestic)
10 pts / ₹100
View bonus categories →Caps
- Travel750 points per statement cycle
Why?
at 4 pts / ₹100, this lane reaches the cap at ₹18,750 of eligible spend
No reward on
- Fuel
Realisation
Credited as reward points
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocks
Annual fee waiver₹2,00,000yearAnnual fee waiver
Watch outs
Before choosing this card- Forex markup is 3.5%, so frequent international spends may be costly.
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: Based on the standard earn rate (0.8 pts / ₹100). Up to ~400 pts/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
- Worth ~₹400 at the conservative redemption floor
- Fee waiver achievable at this spend
- Forex cost ~₹1,750 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- No airport lounge access
- Railway (cardholder)
- 8 railway lounge visits per year — IRCTC Executive Lounges
- International (cardholder)
- No international lounge entitlement documented by the issuer Absence of an international claim on the product page is not proof of exclusion. Visa or programme terms may still apply.
Rewards
- Base earn
- 0.8 points per ₹100 value depends on redemption
- Effective return (honest floor)
- ~0.8% base (conservative redemption) · verified 7 Jul 2026 Conservative redemption floor; best documented path is not ranked on.
- Headline point value
- ₹1.00 per Reward Point (Travel) · verified 7 Jul 2026 Operator-verified headline rate — full channel grid in Redemption value.
- Point validity
- Points expire 24 months after earning (from registration date) · verified 7 Jul 2026
Insurance Cover
- Lost card liability cover
- ₹1 lakh · verified 7 Jul 2026
- Underwriter
- Insured by ICICI Lombard General Insurance Company Limited · verified 7 Jul 2026
Fees & charges
Fees
- Monthly interest rate
- 3.75% / month
- Annual fee
- ₹1,499
- Joining fee
- ₹1,499 · verified 3 Sept 2026
- Fee waiver spend
- Above ₹2,00,000 · verified 3 Sept 2026 Annual fee waived on eligible anniversary-year spend above ₹2,00,000.
- Interest-free period
- Up to 50 days · verified 7 Jul 2026
International Use
- Forex markup
- 3.5%
Issuer documented · single source · verify on issuer site
Where to verify
- Operator-verified anchor
- Product tier
- Mid-tier
Travel & perks
Fuel Benefits
At the pump- 1% fuel surcharge waived on transactions ₹500–₹4,000.
- Maximum waiver ₹250 per month.
- Fuel transactions do not earn reward points.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshCaps & limits
- Travel cap: 750 points per statement cycle; at 4 pts / ₹100, this lane reaches the cap at ₹18,750 of eligible spend.
- After the Travel cap is reached, post-cap earning varies — check issuer terms.
Exclusions
These spends do not earn reward points.
Financial
- Fuel
Latest update
- Annual fee: ₹1,499.
- Forex markup currently listed at 3.5%.
- 8 railway lounge visits per year — IRCTC Executive Lounges · No airport lounge access.
Common questions
From verified card factsIs this good for lounge access?
8 railway lounge visits per year — IRCTC Executive Lounges. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.
Is this good for international spends?
Forex markup is 3.5%, so frequent international spends may be costly.
Is the annual fee easy to recover?
Fee waiver applies above ₹2,00,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
1,500 Reward Points on payment of first annual fee. Included items: SBI Card Travel — Premier e-kit §12.1: 1500 RP (₹1,500 value) on payment of first annual fee — not the §1 'Welcome to The World of SBI Card' heading. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.
Learn more
Guides matched to this card — not a random syllabus.
- How reward rate works
Pts / ₹100 without the marketing fog - Billing cycle
Statement date vs due date, clearly - How interest works
The real cost of paying the minimum