SBI Card MILES PRIME
Fees
₹2,999 + Taxes
Joining & AnnualReward Rate
1-2% Travel Credits on all spends, redeemable up to 1:1 with 20+ airline and hotel partners
Welcome Bonus
3,000 Travel Credits on ₹60,000 spend within 60 days
Lounge Access
Unlimited (Spend-Based Bonus Visits)
FindMyCard Expert Take
The SBI Card MILES PRIME from SBI Card offers Flight & Hotel Air Miles Redemptions with an annual fee of ₹2,999 + Taxes.
Pros & Cons
Key Advantages
- No minimum spend condition for complimentary airport lounge access
- 1 extra domestic lounge visit per ₹1 Lakh spent, capped at 12 extra visits/year
- Travel Credits transfer up to 1:1 with 20+ airline and hotel partners
- Fee waiver threshold (Annual fee waived on ₹5 Lakh annual retail spends)
Limitations
- Base Travel Credit rate tops out at 2%, modest for a travel-focused card
- Milestone lounge visits require heavy annual spending to unlock
- Best value depends on having airline/hotel loyalty accounts with partner programs
Editorial Verdict
The SBI Card MILES PRIME is ideally suited for flight & hotel air miles redemptions. If you want 1-2% travel credits on all spends, redeemable up to 1:1 with 20+ airline and hotel partners, this card delivers real value. The ₹2,999 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated earn rate on travel purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
🚀 Milestone Spends Timeline
Annual fee waived on ₹5 Lakh annual retail spends
Fees & Charging Rates
Annual Fee Waivers
₹2,999 + Taxes
💡 Annual fee waived on ₹5 Lakh annual retail spends
Regular Interest Charges
3.6% per month (43.2% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Compare SBI Card MILES PRIME With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| SBI Card MILES PRIME This Card | ₹2,999 + Taxes | 1-2% Travel Credits on all spends, redeemable up to 1:1 with 20+... | Unlimited (Spend-Based Bonus Visits) | 4.6/5 |
| HDFC Infinia Credit Card Metal Edition | ₹12,500 + Taxes | 5 reward points per ₹150; up to 10X on SmartBuy flight/hotel bookings | Unlimited Domestic + International | 4.9/5 |
| Axis Bank ATLAS Credit Card | ₹5,000 + Taxes | 5 EDGE Miles per ₹100 on travel; 2 EDGE Miles per ₹100 on general spends | 8 Domestic + 4 International/yr | 4.8/5 |
| Axis Bank Burgundy Private Credit Card | ₹50,000 + Taxes | 15 EDGE Reward points per ₹200 spent on retail and international... | Unlimited Domestic + International | 4.8/5 |