South Indian Bank SBI Platinum Card

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 points

First-year fee

₹2,999 + GST

Annual fee

₹2,999 + GST

What it gives back

2 points per ₹100 · everyday spends

Read from 4 South Indian Bank documents, last checked 19 Oct 2026.

How it compares

Compared with the cards we have read

₹2,999 annual fee: of the 273 other open cards whose annual fee we have read, 215 state a lower one, 9 state the same and 49 state a higher one.

3.5% forex markup: of the 291 other open cards whose forex markup we have read, 103 state a lower one and 188 state the same.

Fees

Welcome offer

Welcome benefit
Make your first payment and get a gift voucher worth ₹3,000.

Rewards

Reward rate
2 points per ₹100 · everyday spendsEarn 2 points for every ₹100/- spent.
Groceries earningReward earning on dining spends
10 Points per ₹100/- spent on dining, groceries, and department store purchases.

Card benefits

Priority Pass
Complimentary Priority Pass membership of $99, with each visit costing $27.

Also included

Charges

Forex markup
3.5% on foreign currency transactions.
Cash advance fee
2.5% of the amount (subject to a minimum of ₹500)
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)
Charge for lounge visits beyond the free limit
Each visit costs $27

How we know - 4 documents from South Indian Bank, checked 19 Oct 2026

4 documents from South Indian Bank, checked 19 Oct 2026.

On these lists

₹2,999 a year

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