Key Highlights of SBI Aurum Credit Card
|Joining Fee / Renewal Fee||Rs. 9,999 + GST (Waived off on spending Rs. 12 lakh in a year)|
|Best Suited For||Rewards and Travel|
|Welcome Benefit||40,000 bonus reward points worth Rs. 10,000|
Features and Benefits of SBI Aurum Credit Card
SBI Aurum is a metal credit card with curated privileges, specifically designed for high income groups. Some features of this card include:
Membership Benefits with SBI Aurum Credit Card
With your SBI Aurum Credit Card, you will get the following entertainment, dining and lifestyle membership benefits:
- Amazon Prime
- Discovery Plus
- EazyDiner Prime
- BB Star (6 months)
- Lenskart Gold
- One-year Club Marriott
Joining and Milestone Benefits
The card offers a joining benefit of 40,000 reward points worth Rs. 10,000. The reward points are redeemable at a value of Rs. 0.25 across the rewards portal or for Club Vistara airmiles.
The card also comes with milestone benefits, which look pretty lucrative.
|Milestone Spend Amount (in Rs.)||Voucher|
|On spends of Rs. 1 lakh (monthly)||Rs. 1,500 TataCliq Voucher|
|On spends of Rs. 5 lakh (annually)||Rs. 5,000 LUXE voucher*|
|On spends of Rs. 10 lakh (annually)||Rs. 10,000 Taj voucher|
|On spends of Rs. 12 lakh (annually)||Annual fee of Rs. 10,000 waived off|
*Luxe vouchers include premium brands like GAS, Hamleys, Ermenegildo Zegna, Giorgio Armani, Bottega Veneta, Jimmy Choo, Burberry etc.
Earn Reward Points on your purchase
The reward structure of the card is very basic. Being a super-premium card, SBI Aurum has a very low reward rate of 1%. The card offers 4 reward points on every Rs. 100 spent on the card.
Points to Note:
- 1 Reward Point = Rs. 0.25
- Wallet loads will not fetch reward points
You can redeem the accumulated reward points on your SBI Aurum Credit Card by visiting the dedicated Aurum Rewards portal. You have the option to redeem the points for e-gift vouchers, flights, hotels, and more. A redemption fee of Rs. 99 will be charged (which can also be paid using the points).
Additionally, you can also use the reward points by transferring them to partner airlines such as Club Vistara. Here, 4 reward points = 1 Club Vistara Point. You require a minimum of 1,000 points, in multiples of 4, for conversion of rewards to CV points.
Suggested Read: Which are the best rewards credit card in India?
4 Free Movie Tickets a month worth Rs. 1,000
SBI Aurum cardholders will get 4 free movie tickets worth Rs. 1,000 every month (a total of Rs. 12,000 annually). You can book the tickets via BookMyShow.
Each ticket discount cannot be more than Rs. 250 and you are not eligible to claim more than two tickets in a single transaction.
Travel and Airport Lounge Benefits
You can get unlimited international lounge access with this card. The details are as follows:
|Domestic Lounge||4 per quarter|
|Airport Spa (Domestic)*||1 per quarter|
*Both the international lounge and spa services are powered by Dreamfolk.
The Dreamfolk membership is a digital card that can be used for international lounge access, spa, and many other airport services (paid). To enjoy the complimentary lounge visits and spa services, you have to generate a QR code from the Aurum dashboard. Being a super-premium, only 1 spa service is not very generous, it should have been at least 2 per quarter.
The good thing here is that the international lounge access membership does not expire in 1 year as in the case of SBI Prime and SBI Elite.
Also Read: Best Credit Cards for Airport Lounge Access
Other Benefits of SBI Aurum Credit Card
Apart from the many benefits mentioned above, the card also offers the following additional perks:
About Aurum Dashboard
SBI Card has developed a dashboard for Aurum cardholders that lists all the benefits of the card along with how to avail them. You can visit the dashboard from the card summary page on SBI card net banking or even directly. The dashboard for instance will show the Dreamfolks dragon pass membership details once you are enrolled.
Overall, this is a great feature that lets you have a better understanding of the card and all the ongoing offers, all in one place.
SBI Aurum Credit Card- Fees and Charges
|Fees / Charges||Amount|
|Annual Fee (one time)||Rs. 9,999
|Renewal Fee (per annum)||Rs. 9,999 (Waived off on spending Rs. 12 lakh in a year)
|Finance Charges||Up to 3.50% per month (42% per annum)|
|Late Payment Fee||
Click here to check other associated fees and charges.
Should you get an SBI Aurum Credit Card?
SBI Aurum Credit Card is best suited for those who are ready to pay a high annual fee for exclusive privileges. You should consider getting this card if:
- You have big expenses to put on credit cards and want to get value back for the same
- You are a frequent traveller and a frequent shopper
- You are ready to pay a high annual fee of Rs. 9,999
- You want all-round benefits on a single credit card rather than a card focused on a single category
|SBI offers credit cards across different categories. Apply Online for Best SBI Credit Cards and find the right card for you.
SBI Aurum Credit Card- Eligibility and Documentation
|Occupation||Salaried or Self-employed|
|Customer Type||High income individuals (by invite only)|
|Minimum Income Requirement
||Rs. 40 lakh p.a.
|Serviceable Cities||Click here for the list of eligible cities|
|Documents Required||Click here for the list of acceptable documents|
How to Apply for an SBI Aurum Credit Card?
SBI Aurum Credit Card is not available on Paisbazaar. The card is presently issued to the customer on an invitation-only basis. There has been an upgrade offer running by SBI Card and is sent by them to the existing customers with great credit history. However, you may show interest in the card via SBI net banking or by visiting the Aurum website.
Cards Similar to SBI Aurum Credit Card
|Credit Card||Annual Fee (Excluding Taxes)||Premium Highlight|
|HDFC Bank Infinia||Rs. 10,000||Unlimited free golf games at select courses worldwide.|
|HDFC Bank Diners Club Black||Rs. 10,000||Annual Memberships (MMT DoubleBlack, Club Marriott, etc.)|
|ICICI Bank Emeralde||Rs. 12,000||Unlimited Lounge Access; No over the limit, cash withdrawal or late payment charges|
|SBI Card ELITE||Rs. 4,999||Free Memberships (Club Vistara, Priority Pass, etc.)|
|Standard Chartered Ultimate||Rs. 4,999||Get access to select golf courses in India and 150 courses worldwide|
|YES First Exclusive||Rs. 9,999||Unlimited Priority Pass access|
*Minimum income shown is for salaried applicants only. Income and other eligibility criteria for self-employed applicants may be different.
Q. Is SBI Aurum worth it?
A. If you are willing to spend Rs. 9,999 that provides premium benefits on travel, shopping, etc., then you can consider this card. However, if you are going to use it as your primary credit card only then you will be able to avail maximum benefits out of it.
Q. How can I apply for an SBI Aurum credit card?
A. SBI Aurum is an invite-only credit card. If you are interested in this card, you can log in to SBI net banking or visit the SBI Aurum website.
Q. What is the minimum income requirement for this credit card?
A. SBI Aurum is an invite-only card and is offered to high net-worth individuals. However, to be eligible for this card, you must have an annual gross income of Rs. 40 lakh or more.
Q. Will I get an Amazon Prime membership with the SBI Aurum Credit Card?
A. Yes, you will get Amazon Prime, Discovery Plus, EazyDiner Prime, BB Star, Lenskart Gold and Club Marriott membership along with this credit card.
Q. What is the cash advance fee charged on SBI Aurum Credit Card?
A. The cash advance fee for SBI Aurum Credit Card is 2.5% of the transaction amount or Rs. 500, whichever is higher.