Central Bank of India Credit Card: If you are in search of a credit card that not only offers financial flexibility but also an array of exciting benefits, Central Bank of India credit card offerings might just be the answer you have been looking for. In this article, we will explain the features and benefits of three prominent Central Bank of India credit cards: Central Bank of India Prime SBI Card, Central Bank of India Elite SBI Card, and Central Bank of India Simply SAVE SBI Card.
1. Central Bank of India Prime SBI Card
Annual Fees and Welcome Gift
The Central Bank of India Prime SBI Card offers a plethora of benefits for a nominal annual fee of Rs. 2,999. Upon enrollment, cardholders are greeted with a Welcome e-Gift Voucher worth Rs. 3,000, applicable at travel and lifestyle brands such as Yatra, Hush Puppies/Bata, Pantaloons, and Shoppers Stop.
PRIME Rewards
Every Rs. 100 spent on your birthday and standing instructions of utility bill payments earns you 20 Reward Points. Additionally, 10 Reward Points are earned per Rs. 100 spent on dining, groceries, departmental stores, and movies. These Reward Points can be redeemed against the credit card balance or a variety of attractive gifts.
Complete Fuel Freedom
Cardholders enjoy a 1% fuel surcharge waiver at any petrol pump for transactions ranging from Rs. 500 to Rs. 4,000, with a maximum surcharge waiver of Rs. 250 per statement cycle.
Milestone Benefits
As you reach spending milestones, the rewards keep getting better. Achieving spends of Rs. 50,000 in a calendar quarter earns you a Pizza Hut e-Voucher worth Rs. 1,000. Renewal fee waiver is granted on annual spends of Rs. 3 Lakhs, and achieving annual spends of Rs. 5 Lakhs rewards you with an E-Gift Voucher worth Rs. 7,000 from Yatra.com/Pantaloons.
Club Vistara Membership
Complimentary Club Vistara Silver membership awaits, along with lounge access vouchers and Vistara Points for flights. This membership is exclusive to primary cardholders.
Lounge Access
The Prime SBI Card grants four complimentary visits per year to International Priority Pass Lounges outside India and eight visits to Domestic VISA/Mastercard Lounges in India. Again, this perk is for primary cardholders.
Add-on Cards
Empower your family members with up to two add-on cards, available for parents, spouse, children, or siblings above 18 years of age.
2. Central Bank of India Elite SBI Card
Annual Fees and Welcome Gift
The Elite SBI Card, with an annual fee of Rs. 4,999, offers a Welcome e-Gift Voucher worth Rs. 5,000. Similar to the Prime SBI Card, this voucher can be redeemed at several travel and lifestyle brands.
Complimentary Movie Tickets
Cardholders can enjoy free movie tickets worth Rs. 6,000 annually. This offer extends to at least two tickets per booking per month, with a maximum discount of Rs. 250 per ticket for two tickets.
ELITE Rewards
Dining, departmental store, and grocery spends earn 5X Reward Points, while all other spends (except fuel) accrue 2 Reward Points per Rs. 100. These Reward Points can be used to pay off the card outstanding, with 4 Reward Points equating to Rs. 1.
Complete Fuel Freedom
Similar to the other cards, the Elite SBI Card offers a 1% fuel surcharge waiver and a maximum surcharge waiver of Rs. 250 per statement cycle.
Milestone Benefits
As you achieve annual spends of Rs. 3 lakhs, 4 lakhs, 5 lakhs, and 8 lakhs, you earn bonus Reward Points. Spends of Rs. 10 Lakhs even lead to a reversal of the annual fee.
Club Vistara Membership
The Elite SBI Card provides complimentary Club Vistara Silver membership, along with lounge access and Vistara Points for flights. This membership is valid for primary cardholders.
Lounge Access
Enjoy six complimentary visits per year to International Priority Pass Lounges outside India and eight visits to Domestic VISA/Mastercard Lounges in India, reserved for primary cardholders
Add-on Cards
Similar to the Prime SBI Card, the Elite SBI Card enables you to empower up to two family members with add-on cards.
3. Central Bank of India Simply SAVE SBI Card
Annual Fees and Welcome Offer
With an annual fee of just Rs. 499, the Simply SAVE SBI Card brings affordability to the forefront. The card offers a welcome offer of 2,000 bonus Reward Points upon spending Rs. 2,000 or more in the first 60 days.
Reward Points
Dining, movies, departmental store, and grocery spends earn 10 Reward Points per Rs. 150, while all other spends accrue 1 Reward Point per Rs. 150 spent.
Complete Fuel Freedom
The Simply SAVE SBI Card, like its counterparts, offers a 1% fuel surcharge waiver and a maximum surcharge waiver of Rs. 100 per statement cycle.
Spend Based Reversal
An appealing feature of this card is the reversal of the annual membership fee from the second year onward upon spending Rs. 1,00,000 or more on the card in the previous year.
Central Bank of India credit cards designed to cater to various lifestyles and preferences. Whether you are a frequent traveler, a movie enthusiast, or someone who values rewards and financial freedom. “Central Bank of India Credit Card”, Hope you like this information.
FAQ
How can I redeem the e-Gift Voucher from the Central Bank of India Prime SBI Card?
To redeem the e-Gift Voucher, simply show the code at the respective brand store for Bata/Hush Puppies, Pantaloons, Shoppers Stop. For Yatra and Shoppers Stop, you can redeem the code online at the time of purchase.
What can I do with the Reward Points earned on my Elite SBI Card?
The Reward Points earned on your Elite SBI Card can be used to pay off the outstanding balance on your credit card or redeemed against a variety of gifts.
Do the Central Bank of India credit cards offer lounge access?
Yes, all three cards offer complimentary lounge access at select lounges, both domestically and internationally, based on the card’s terms and conditions.
Can I share the benefits of my Elite SBI Card with my family members?
Yes, you can empower up to two members of your family (parents, spouse, children, or siblings above 18 years of age) with an add-on card, allowing them to access some of the card’s benefits.
What is the Spend Based Reversal on the Simply SAVE SBI Card?
The Spend Based Reversal feature on the Simply SAVE SBI Card grants an annual membership fee reversal from the second year onward upon spending Rs. 1,00,000 or more on the card in the previous year.
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