Spar SBI PRIME Credit Card: Premium Shopping Rewards Unveiled
Discover the Spar SBI PRIME Credit Card, a co-branded card by SBI Card and Landmark Group, designed for avid shoppers at Spar, Lifestyle, Home Centre, and Max stores. Packed with exclusive rewards, milestone benefits, airport lounge access, and contactless payment convenience, this card elevates your shopping experience. In this detailed guide, we explore its features, rewards, fees, eligibility, and more to help you decide if it’s the perfect addition to your wallet. Dive in to unlock a world of premium shopping privileges!
About Spar SBI PRIME Credit Card
The Spar SBI PRIME Credit Card, a collaboration between SBI Card and Landmark Group, is tailored for shoppers at Spar, Lifestyle, Home Centre, and Max stores. Offering 15 reward points per ₹100 spent at these stores, milestone benefits up to ₹14,500, and 8 domestic lounge visits, it’s a premium shopping card. With contactless payments and a renewal benefit of 12,000 reward points, it’s ideal for frequent shoppers seeking value and convenience.
Basic Details of Spar SBI PRIME Credit Card
| Feature | Details |
|---|---|
| Card Image | |
| Card Issuer | SBI Card (State Bank of India) |
| Joining Fee | ₹2,999 + GST |
| Renewal Fee | ₹2,999 + GST |
| Card Category | Shopping, Lifestyle |
| Rewards | 15 RP/₹100 at Landmark Stores, 10 RP on dining/movies, 2 RP on others |
| Airport Lounge | 8 domestic (2/quarter), 4 international visits/year |
| Railway Lounge | Not available |
| Cashback | ₹100 on first ATM withdrawal within 30 days |
Extra Details of Spar SBI PRIME Credit Card
- Visa-based card with contactless payment support up to ₹5,000.
- Accepted at over 24 million outlets globally, including 3.25 lakh in India.
- Supports up to 2 add-on cards for family members above 18.
- Flexipay allows converting purchases above ₹2,500 into EMIs.
- Balance Transfer on EMI for lower interest rates on other card balances.
- Easy Bill Pay facility for utility bill payments.
- Reward points credited within 30 days of fee payment.
- EMV chip ensures secure transactions against skimming.
Features and Benefits
- Welcome Benefit: 6,000 reward points (₹1,500) on joining fee payment.
- Renewal Benefit: 12,000 reward points (₹3,000) on renewal fee payment.
- Lounge Access: 8 domestic (2/quarter) and 4 international (2/quarter) visits.
- Milestone Benefits: Up to 58,000 reward points (₹14,500) on ₹5 lakh spends.
- Contactless Payments: Secure transactions with Visa payWave.
- Flexipay: Convert purchases above ₹2,500 into EMIs.
- Cashback: ₹100 on first ATM withdrawal within 30 days.
Rewards and Cashback
- Landmark Stores: 15 RP/₹100 at Spar, Lifestyle, Home Centre, Max (3.75% value, 1 RP = ₹0.25).
- Dining & Movies: 10 RP/₹100 (2.5% value).
- Other Retail: 2 RP/₹100 (0.5% value, excludes fuel, rentals, wallets).
- Milestone Rewards: 6,000 RP (₹40,000), 12,000 RP (₹1 lakh), 20,000 RP (₹1.8 lakh) at Landmark Stores.
- Annual Spends: 20,000 bonus RP on ₹5 lakh retail spends.
- Cashback: ₹100 on first ATM withdrawal within 30 days.
- Reward redemption fee: ₹99; redeemable at Landmark Stores or sbicard.com.
Fees and Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹2,999 + GST |
| Renewal Fee | ₹2,999 + GST |
| Finance Charges | 3.75% p.m. (45% p.a.) |
| Foreign Transaction Fee | 3.5% of transaction value |
| Fuel Surcharge Waiver | 1% (₹500-₹4,000, max ₹250/month) |
| Reward Redemption Fee | ₹99 per redemption |
| Cash Advance Fee | 2.5% or ₹500 (higher) |
Eligibility Criteria
- Age: 21 to 65 years.
- Income: Stable income (salaried or self-employed, specific criteria vary).
- Credit Score: Good credit score (typically 750+).
- Residency: Resident of India.
- Employment: Preferably employed at a reputable organization.
Documents Required
- Identity Proof: PAN Card, Aadhaar Card, Passport, or Voter ID.
- Address Proof: Aadhaar Card, Utility Bill, or Rental Agreement.
- Income Proof: Salary slips, ITR, or bank statements.
- Photograph: Recent passport-sized photograph.
- Note: Additional documents may be required per SBI Card’s policy.
How to Apply for Spar SBI PRIME Credit Card
- Visit the SBI Card official website.
- Navigate to the Spar SBI PRIME Credit Card page and click “Apply Now.”
- Enter personal, professional, and KYC details in the application form.
- Submit the form for an instant preliminary decision.
- Await verification call from SBI Card and submit required documents.
- Receive the card within 7-14 working days if approved.
How to Maximize Benefits
- Shop at Landmark Stores: Spend at Spar, Lifestyle, Home Centre, Max for 3.75% rewards.
- Dining & Movies: Earn 2.5% rewards on dining and movie spends.
- Milestone Spending: Spend ₹5 lakh annually for 58,000 RP (₹14,500).
- Lounge Access: Use 8 domestic and 4 international lounge visits.
- Fuel: Get 1% surcharge waiver on ₹500-₹4,000 fuel transactions.
- Contactless Payments: Use for secure, quick transactions at POS terminals.
Other Banks’ Similar Cards
- Amazon Pay ICICI Credit Card: 5% cashback for Prime members on Amazon, no fee.
- Flipkart Axis Bank Credit Card: 5% cashback on Flipkart, 1.5% elsewhere.
- HDFC Millennia Credit Card: 5% cashback on Amazon, Flipkart, BigBasket.
- Reliance SBI PRIME Credit Card: 2.5% rewards at Reliance Retail stores.
Official Websites and Apply Link
Spar SBI PRIME Credit Card Review
The Spar SBI PRIME Credit Card is a great pick for frequent shoppers at Spar, Lifestyle, Home Centre, and Max, offering a 3.75% reward rate and milestone benefits up to ₹14,500. Lounge access and contactless payments add value. However, the ₹2,999 fee and 0.5% rewards on non-Landmark spends may not suit everyone. Compared to Amazon Pay ICICI, it’s less versatile for general use. Best for Landmark loyalists who can maximize rewards and milestones.
Frequently Asked Questions (FAQs)
Who is the Spar SBI PRIME Credit Card best for?
It’s ideal for frequent shoppers at Spar, Lifestyle, Home Centre, and Max stores seeking high rewards.
Is there an annual fee waiver?
No, but you get 12,000 reward points (₹3,000) on renewal fee payment.
What lounge access does the card offer?
8 domestic (2/quarter) and 4 international (2/quarter) lounge visits annually.
How can I redeem reward points?
Redeem at Landmark Stores or sbicard.com for vouchers, with a ₹99 fee per redemption.
Is it good for non-Landmark spends?
It offers only 0.5% rewards on non-Landmark spends, so other cards may be better.
Disclaimer
The information provided about the Spar SBI PRIME Credit Card is for informational purposes only and may not be accurate or up-to-date. This is not an official website of SBI Card or Spar India. Please verify details with the official SBI Card website or contact their customer care before applying. CreditCardPath.in is not liable for any discrepancies or financial decisions made based on this content.
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