IRCTC SBI Platinum Card

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IRCTC SBI Platinum Card is a co-branded credit card from SBI Card and IRCTC, designed primarily for frequent train travelers in India. It offers significant travel-related benefits, especially for railway ticket bookings through the IRCTC website.

Key Benefits and Features:
  • Up to 10% value back as reward points on AC1, AC2, AC3, and AC Chair Car railway ticket bookings via IRCTC.
  • 1% transaction charge waiver on railway ticket bookings made through the IRCTC website.
  • 4 complimentary railway lounge accesses per year (one per quarter).
  • Welcome benefit of 350 reward points upon card activation with a single transaction of Rs. 500 or more within 45 days.
  • Fuel surcharge waiver of 1% on petrol transactions between Rs. 500 and Rs. 3,000, gup to Rs. 100 per statement cycle.
  • Worldwide acceptance with contactless payment features.
  • Other features include balance transfer service, Flexipay option, easy cash withdrawal, and add-on card availability.
  • Rewards can be redeemed conveniently on the IRCTC website or app.
The IRCTC SBI Platinum Card rewards include:
  • Up to 10% value back in reward points on railway ticket bookings through IRCTC.
  • 350 welcome reward points after the first Rs. 500+ transaction.
  • 1 reward point per Rs. 100 spent on other purchases.
  • 1% transaction charge waiver on IRCTC bookings.
  • Reward points redeemable on IRCTC and other options.

These make it ideal for frequent train travelers looking for travel-focused rewards.

Fees and Charges:

  • Annual fee: Rs. 500 plus GST.
  • Renewal fee: Rs. 300 plus GST.
  • No add-on card fee.
  • Card replacement fee: Rs. 100.
  • Cash advance fee: 2.5% of the transaction amount or Rs. 500, whichever is higher.
  • Late payment charges range from Rs. 100 to Rs. 1,300 depending on the outstanding amount.
  • Foreign currency transaction fee: 3.5%.

Eligibility:

  • Age between 21 to 70 years.
  • Required documents include identity proof, address proof, and income documents as per SBI Card’s application norms.

To apply, visit the SBI Card website, select the IRCTC SBI Platinum Card, fill in the details, and submit. After approval, verification will be done by the SBI Card team.

Before applying for the IRCTC SBI Platinum Card, Key things to know:
  • Eligibility: Applicants must be between 21 and 70 years old, with valid identity, address, and income proofs as per SBI Card norms.
  • Fees: The card carries an annual fee of Rs. 500 plus GST and a renewal fee of Rs. 300 plus GST. Other charges apply for cash advances, late payments, foreign currency transactions, and card replacement.
  • Usage: The card is primarily designed for frequent railway travelers booking through IRCTC, offering up to 10% reward value on trains and fuel surcharge waivers.
  • Rewards: Reward points are earned mainly on IRCTC transactions and can be redeemed for railway bookings, gift vouchers, or merchandise. Points accumulate slower on other retail spends.
  • Limitations: Travel-related benefits are mostly limited to IRCTC bookings; foreign currency fees can be high for international usage.
  • Application Process: Requires online application via SBI Card website or IRCTC platform, with documentation upload and verification.
  • Additional Features: Includes complimentary railway lounge access, contactless payments, add-on cards, and options like balance transfer and Flexipay.
Here are the pros and cons of the IRCTC SBI Platinum Card:

Pros:

  • High reward value of up to 10% on railway ticket bookings via IRCTC, ideal for frequent train travelers.
  • Welcome benefit of 350 reward points on first eligible transaction.
  • Complimentary access to railway lounges (4 per year).
  • Fuel surcharge waiver of 1% on petrol transactions between Rs. 500 and Rs. 3,000.
  • Contactless payment feature and wide acceptance.
  • Flexible reward redemption options on IRCTC and other platforms.
  • No add-on card fee.
  • Additional features like balance transfer and Flexipay.

Cons:

  • Annual fee and renewal fees apply, which might not be ideal for infrequent users.
  • Reward points on non-IRCTC spends are low (1 point per Rs. 100).
  • Foreign currency transaction fee is relatively high (3.5%).
  • Benefits mostly limited to railway travel; less attractive for general spending and international travel.
  • Late payment and cash advance fees can be costly.
  • Eligibility requires specific documentation and age restrictions.
conclusion

the IRCTC SBI Platinum Card is a good fit if you travel frequently by train and want cost savings and rewards tailored to rail travel. For users with diversified spending needs or international travel, this card might feel limited. Choose it primarily for focused IRCTC rewards and basic travel perks at a low annual cost.

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