SBI Card PRIME Business – Features, Fees & Charges, How to Apply

Following are the detailed features and benefits of the card which will help you decide whether this card fulfills your business needs or not.

Welcome e-gift voucher worth Rs. 3,000

Get an e-gift voucher worth Rs. 3,000 from Yatra for business. The voucher will be sent via SMS to your registered mobile number within 30 days of your joining fee payment. Please note that you can redeem the voucher online at the time of purchase. 

Earn up to 10 Reward Points on your purchases

The reward points on your SBI Card PRIME Busines can be earned in the following manner-

Category	Reward Points Earned
Dining, Utility Bills Payments, and Office Supplies	10 Reward Points per Rs. 100 spent
All other Retail Spends	2 Reward Points per Rs. 100 spent
4 Reward Points = Rs. 1

Milestone Benefits

Get the following milestone benefits on this card-

• Waiver of Renewal Fee on annual spends of Rs. 3 lakh
• E-gift voucher worth Rs. 7,000 from Yatra for Business on achieving annual spends of Rs. 5 lakh

Travel Benefits

The card offers great travel benefits, be it flight, metro or lounge. Here is what you will get with the card-

Category	Benefit
Club Vistara Membership	Get Complimentary Club Vistara Silver membership Get 1 complimentary Lounge Access Voucher and 1 Upgrade Voucher Earn 9 Club Vistara Points for every Rs. 100 spent on Vistara flights Click here to apply for your exclusive Club Vistara Silver membership
Airport Lounge Access	4 complimentary visits per year to International Priority Pass Lounges, outside India (max. 2 visits per quarter) 8 complimentary visits per year to Mastercard Lounges in India (max. 2 visits per quarter) Click here to know more about Priority Pass member lounges
Metro Cash and Carry	Earn 10 reward points (5X) per Rs. 100 on all spends at Metro Cash & Carry stores Complimentary privileges through Bandhan- Loyalty program of Metro Cash & Carry* Up to 2% discount on the purchase value and exclusive billing desk & helpline services Free delivery of goods within 60 km of city limits
Yatra for Business	Get Rs. 750 off on Flight bookings above Rs. 6,000, once in a quarter Get 20% off on Hotel bookings, once in a quarter Self-service, GST compliant platform Access to special corporate fares & hotel deals Free rescheduling and low cancellation charges on flights plus free meals on-board flights

Mastercard Privileges

As per the guidelines of RBI, the issuance of new credit cards on Mastercard platform has been discontinued until further notice. Normal card services will continue for existing users. However, the existing customer will get the following benefits via Mastercard:

• Up  to 4 complimentary Green fees access per year and 1 complimentary Golf coaching/lesson per month at select Golf Courses in India
• Up to 15% discount on best available room rates and up to 15% discount on F&B at Lalit Hotels
• Flat 25% discount on all bookings at Sarovar Hotels
• Up to 20% off on Hotels and Homestays at travelguru.com
• Up to  15% off on text classified and display classified at Bookmyad.com
• Flat 30% off on Printvenue

Other Benefits of SBI Card PRIME Business

Following are the additional privileges that the card offers-

1% Fuel Surcharge Waiver on transaction amount ranging from Rs.500-Rs.4000 across all petrol pumps Save on Business Costs – Reduce business costs with offers from other SMEs Read & Contribute Content – Access to Inspiring SME stories, Insights (For detailed product terms and conditions click here; For detailed SME Agreement – terms and conditions click here) Get complimentary credit card Fraud Liability Cover of Rs. 2 lakh with the Organisation level limit of Rs. 20 lakh With Flexipay, convert your transactions into easy monthly installments. Just transact for Rs. 2,500 or more using your SBI Card PRIME Business, and log onto sbicard.com within 30 days of purchase to convert it into Flexipay

Fee/Charge	Amount/Rate
Annual/Renewal Fee	Rs. 2,999
Extended Credit Charges	Up to 3.35% per month (40.2% per annum), from the date of transaction
Late Payment Fee	NIL for Total Amount due from Rs.0-Rs.200; Rs. 100 for Total Amount due greater than Rs. 200 & up to Rs. 500; Rs. 400 for Total Amount due greater than Rs. 500 & up to Rs. 1,000; Rs. 600 for Total Amount due greater than Rs. 1,000 & up to Rs. 10,000; Rs. 800 for Total Amount due greater than Rs. 10,000 & up to Rs. 25,000; Rs. 950 for Total Amount due greater than Rs. 25,000

Click here to check other associated fees and charges

Criteria	Details
Occupation	Salaried or Self-employed
Serviceable Cities	Click here for the list of eligible cities
Documents Required	Click here for the list of acceptable documents

SBI Card PRIME Business is currently not being sourced by Paissbazaar. If you wish to apply for the same, either visit the official website of SBI Card or the nearest bank branch. 

What’s the difference between business credit cards and personal credit cards?

Business credit cards and personal credit cards operate in many similar ways. Both can offer bonus points, rewards points, sign-up bonuses, etc. but there are a few differences between how they are regulated. There can be different terms and conditions for business cards and personal cards. Also, business credit cards are designed to benefit the needs of a business and also allow free access to certain business tools.

What credit score is needed for a business credit card?

Most business credit cards require good to excellent credit for approval. Typically, a score of 700 and above is considered good. A score of 800 or above is considered excellent. There are a few business credit cards available for small business owners with fair credit. A fair credit score ranges from 640 – 699.

Can anyone get a business credit card?

You do not need to be running a corporation, but you do need to be able to list some kind of business, even if it involves one person.

What is the maximum number of times I can get free lounge visits?

You can get 2 free lounge visits every quarter.

Do I have to pay to get an add-on credit card?

No, an add-on credit card is free.

What is SBI customer care number?

You can contact the SBI credit card customer care at 1800 425 3800.