Air India SBI Platinum Credit Card is a mid-level co-branded credit card offered by Air India and SBI Card. It carries an annual fee of Rs. 1,499. Being a travel credit card, it offers plenty of travel privileges 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. Keep reading to know more about Air India SBI Platinum Credit Card.
- Joining Fee- Rs. 1,499 (plus applicable taxes)
- Renewal Fee- Rs. 1,499 (plus applicable taxes)
- Best Suited For- Travel
- Reward Type- Reward Points
- Welcome Benefits- 5,000 reward points after paying the joining fee (credited within 15 days from the date of payment)
Rewards and Benefits
- Movie & Dining- N/A
- Rewards Rate- 15 reward points for every Rs. 100 spent on Air India ticket bookings for self on airindia.in, 5 RPs for every Rs. 100 spent on Air India ticket bookings for others on airindia.com and 5 RPs for every Rs. 100 spent on Air India ticket bookings for self or others via Air India call centers or booking offices, Get 2 Reward points per Rs. 100 you spend.
- Reward Redemption- Reward points are convertible into Air India Air Miles. 1 RP = 1 AirMile
- Travel- Complimentary access to domestic lounges
- Golf- N/A
- Domestic Lounge Access- 8 complimentary visits to domestic lounges every year (max 2 per quarter)
- International Lounge Access- N/A
- Insurance Benefits- Lost card liability protection of Rs. 1 lakh applicable from 48 hours prior to 7 days post reporting about the card to the bank.
- Zero Liability Protection- No liability to the cardholder once the card is reported lost to the bank.
Fees & Charges
- Spend based Waiver- N/A
- 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 fuel stations all over India on transactions between Rs. 500 and Rs. 4,000 (capped at Rs. 250).
- Cash Advance Charge- 2.5% (minimum of Rs. 500)
- Add-on Card Fee- Nil
Product Details
- 5,000 reward points on paying the joining fee as a welcome benefit.
- 2,000 reward points as anniversary gift every year the card membership is renewed.
- Up to 15,000 bonus RPs every year on reaching the stipulated spend milestones.
- 15 reward points per Rs. 100 on Air India ticket bookings for self on airindia.com.
- 5 reward points for every Rs. 100 spent on Air India ticket bookings for others on airindia.com.
- 5 reward points for every Rs. 100 spent Air India ticket bookings for self or others via Air India call centers or booking offices.
- Get 2 Reward points for every Rs. 100 spent
- 2 complimentary access to domestic airport lounges every quarter.
- Complimentary lost card liability protection that is worth Rs. 1 lakh.
- 1% waiver on fuel surcharge applicable on transactions between Rs. 500 and Rs. 4,000 (capped at Rs. 250).
Welcome/Renewal Benefits:
- 5,000 reward points at the time of card issuance on settling the joining fee.
- 2,000 reward points annually on card membership renewal as an anniversary gift.
Air India SBI Platinum Credit Card Rewards:
- 15 reward points for every Rs. 100 you spend on Air India ticket bookings for yourself on airindia.in.
- 5 reward points for every Rs. 100 paid on Air India ticket bookings for others on airindia.in.
- 5 reward points for every Rs. 100 you spend on Air India ticket bookings for self or others via Air India call centers or booking offices.
- 2 Reward points per every Rs. 100 you spend.
Milestone Benefits:
You earn bonus reward points on reaching the specified 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 you earn are convertible 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 access to domestic airport lounges 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 before to 7 days post reporting to the bank about the loss.
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 is your view on this offering by SBI Card and Air India in the travel category? Let us know below in the comments. If you’re already an existing cardmember, do share your experience with the card with others.
