IRCTC SBI Card Premier
Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate
Open to new applications · Earns Reward Point
First-year fee
₹1,499 + GST
Annual fee
₹1,499 + GST
What it gives back
1 Reward Point per ₹125 · everyday spends
Our calculation
0.8% value back
How it compares
Compared with the cards we have read
Fees
Renewal feeJoining fee
₹1,499 + GST
Fee waiver rule
Waived off on annual spends of ₹2 Lakh or more in the preceding year
Add-on card fee
₹0
Welcome offer
Welcome benefit
Get 1,500 reward points worth ₹1,500 on payment of 1st Annual Fee.
Rewards
Reward rate
1 Reward Point per ₹125 · everyday spends1 Reward Point per ₹125 spent on other non-fuel retail purchases.
Reward earning on dining spends
3 Reward Points per ₹125 spent on Dining.
Travel earning
Up to 10% value back as reward points on buying tickets through IRCTC App and Website for AC1, AC2, AC3, Executive Chair car and Chair Car
Utilities earning
3 Reward Points per ₹125 spent on Dining and standing instructions on Utility spends.
Reward exclusions
Points are earned on all spending except balance transfers, encash, cash advances, purchases at petrol pumps/service stations (MCC 5172, 5541, 5983, 5542) and financial charges (e.g. late payment fee, dishonored cheque charges, service fee, transaction charges)
Reward caps
Earning on Air ticket booking is capped at 750 Reward Points in each monthly statement cycle.
Catalogue redemption
1 Reward point = ₹1.
Points transfer redemption
Monthly accumulated Reward Points are transferred by SBI Card to IRCTC on the 15th of every month; the SBI Card Reward Point balance will stand zero post transfer of points.
Redeeming points for travel
Cardholder can redeem the Reward Points for free rail tickets for himself/herself and for loved ones; redemption permitted only on the confirmed /RAC/WL 1st class AC, AC2 Tier, AC3 Tier, Executive Chair Card and AC Chair Car for all sectors
Point expiry
Reward points will be valid for a period of 2 years from the date of member's registration.
Card benefits
Domestic lounge access
8 complimentary railway lounge access in a year in India (max. 2 per quarter)
Hotel or travel programme
Save 1% transaction charges on railway ticket bookings on www.irctc.co.in.
Milestone benefits
2,500 Reward Points on annual travel spends of ₹50,000 5,000 Reward Points on annual travel spends of ₹1 Lakh.
Also included
Fuel surcharge waiver
Enjoy a 1% fuel surcharge waiver across all petrol pumps in India, on transactions of ₹500 to ₹4,000.
Lost card liability
Fraud Liability cover of ₹1 lakhs.
Add-on card eligibility
Add-on cards for parents, spouse, children or siblings above the age of 18.
Balance transfer terms
Transfer outstanding balances of other banks’ credit cards to your IRCTC SBI Card Premier at a lower interest rate and repay in easy EMIs.
Purchase to EMI conversion
Flexipay EMI: convert eligible purchases into easy monthly EMIs.
Charges
Forex markup
3.5% on foreign currency transactions.
Dynamic currency conversion markup
3.5%3.5% on transactions ≥ ₹1,000 in Indian currency at an international location or at merchants in India but registered overseas
Cash advance fee
2.5% or ₹500 whichever is higher (domestic & international ATMs)
Cash advance interest
Free credit period Nil on cash advances; finance charges 3.75% p.m. (45% p.a.) for unsecured cards, applicable from the date of cash withdrawal
Cash withdrawal limit
Max. ₹15,000 per day on ATM withdrawals, subject to Cash Advance Limit availability
Interest on unpaid balance
3.75% p.m. (45% p.a.) for unsecured cards.
Interest-free period
20-50 days interest-free when you pay in full.
Late payment fee
From Nil (amount due ₹0 to ₹100) to ₹1,300 (amount due above ₹50,000)
Over-limit fee
2.5% of Overlimit Amount (subject to a minimum of ₹600). Overlimit Fee will not be reversed in case of transaction reversal / cancellation / refund.
Payment return or dishonour fee
2% of payment amount (subject to a minimum of ₹500)
Card replacement fee
₹100 - ₹250
Cash payment / cash deposit fee
₹250
Charge for lounge visits beyond the free limit
Use over and above the mentioned lounge facilities is chargeable at the lounge.
Cheque payment / dishonour fee
Cheque Payment Fee: ₹200
Education / school fee charge
Fee on Education Payments^ : W.e.f 1st Nov 2025, 1% of the transaction amount applicable on Education Payments made through third-party apps
Foreign ATM fee
International ATMs: 2.5% of transaction amount, subject to a minimum of ₹500
Reward redemption fee
Rewards Redemption Fee: ₹99+ applicable taxes.
Wallet load charge
Fee on Wallet Load^^^ : W.e.f 1st Nov 2025, 1% of the transaction amount. Applicable on every wallet load transaction exceeding ₹1,000
What the card's fee or benefit year means
Eligible spends incurred on the Credit Card within the last 365 days from the Annual Card Fee billing date are considered for the spend-based reversal of the Annual Card fees
Fuel transaction fee
Petrol & all products/services sold at petrol pumps: 1% of transaction amount + all applicable taxes; fuel surcharge is levied by the acquiring bank providing the terminal to the merchant
Rent transaction fee
₹199
Utility transaction fee
If the sum of all Utility Payments in a billing cycle exceeds ₹50,000, then a Utility Payments Fee of 1% will be charged on the total amount of Utility payments made in that billing cycle.
GST note
Integrated Tax @ 18%
Grace days after the due date
Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s)
Minimum amount due
100% of GST + 100% of EMI amount + 100% of Fees/Charges + 100% of finance charges + Overlimit Amount (if any) + 2% of remaining balance outstanding
Eligibility
Minimum age
Minimum 21 years
In the terms, not the brochure (4)
The period milestones are measured over and when it resets
Product milestones and spend based waivers are calculated from account set up date for a period of 12 months.
Whether carrying a balance ends the interest-free period
Interest free credit period is suspended if any balance of the previous month's bill is outstanding.
What must be paid with the card for the cover to apply
Lost Card Liability: reporting period of 3 days pre-reporting and 7 days post-reporting; the sum insured limit is restricted to the credit limit under each card; PIN based transactions (ATM, Telephone) are not covered.
What happens to unredeemed points if the card is closed
Reward points are immediately forfeited if the Cardholder fails to make the Payment on the card which is due for a period greater than 90 days, and the reward point balance is forfeited at the end of the 13th month if the Cardholder does not initiate any transaction on the card for 13 consecutive months.
How we know - 10 documents from SBI Card, checked 19 Oct 2026
- Linked page on www.sbicard.com6 Oct 2026Proof
- Fees and charges pageProof
- Card pageProof
- Card terms and conditionsProof
- Key Fact StatementProof
- MITCProof
- Lounge access termsProof
- Reward points termsProof
- Linked page on www.sbicard.comProof
- Railway Lounge ProgrammeProof
On these lists
₹1,499 a year
Apply