SBI Platinum Debit Card Review – Limit, Benefits, charges, apply
SBI Platinum International Debit Card: In today’s cashless era, plastic cards dominate our transactions. Among them, the SBI Platinum International Debit Card, offered by the renowned State Bank of India, shines as a popular choice. 1SBI launches RuPay Platinum debit card Website: The Economic Times Retrieved 7 May 2015 With enticing features like rewardz points and complimentary lounge access, it caters to individuals seeking convenience and rewards in their banking experience. 2Enhance Your Airport Experience: 5 Debit Cards Offering Lounge Access Website: Times Now Category: Web Story
Contents
- Contents
- Highlight Points
- Overview
- SBI Platinum International Debit Card
- The Benefits of the Debit Card
- State Bank Debit Card Loyalty Program
- Airport Lounges Access
- Additional Benefits
- SBI Platinum Debit Card Charges
- Withdrawal Limit
- Eligibility criteria
- How to Apply For SBI Platinum Debit Card
- Necessary Documents
- SBI Platinum Debit card Vs SBI Gold Debit Card
- In Conclusion
- Frequently Asked Questions
Highlight Points
Highlight Points | Details |
---|---|
Card Type | Platinum |
Networks | RuPay, Visa, MasterCard |
Suitable For | Travel, International, Lifestyle |
Cashback | SBI Rewardz points |
Annual Fees | Rs. 275 + applicable charges |
Benefits | – Free airport lounge access – SBI Rewardz points (2 points per Rs. 200 spent) – Activation Bonus – Birthday Bonus |
Spending Limit | Rs. 2,00,000 (international) |
Online Payments Enabled | Yes |
Additional Features | – EMV chip for safety – Good daily purchasing limit – Access to over 52 Lakh merchant stores in India – Access to 30 million international stores |
Withdrawal Limit (Domestic) | Minimum: Rs. 100 Maximum: Rs. 1,00,000 |
Withdrawal Limit (International) | Varies by country, maximum of Rs. 1,00,000 equivalent in foreign currency |
Other Transaction Limits | – Daily transactions up to Rs. 2,00,000 – Online transaction limit of Rs. 50,000 per month (international) |
Eligibility | Residents and non-residents of India with SBI saving, current, or salary account |
How to Apply | Open an account with SBI and apply for the card online or at a branch |
Comparison with Gold Debit Card | – Higher annual fee – Free lounge access – Higher reward points per spend |
Overview
The SBI Platinum International Debit Card is a special type of card that allows you to spend money without using cash. it is a contactless transactions card. You can use it to buy things from shops, pay bills online, and even withdraw cash from ATMs. It’s like having your bank account in your pocket!
SBI Platinum International Debit Card
This card is called “Platinum” because it offers some special benefits to its users. When you use the SBI Platinum International Debit Card, you earn something called SBI Rewardz points. 3SBI Rewardz Website: Rewardz.SBI Category: Webpage These points add up every time you spend money using your card. You can use these points to get exciting gifts and rewards.
1. You can use it to shop at over 52 Lakh preferred merchant stores across India.
2. It allows for international transactions at 30 million stores worldwide.
3. You can withdraw cash from State Bank of India ATM Machines or other ATMs in India.
4. You can withdraw up to 1 Lakh cash per day from ATMs worldwide.
5. It lets you shop from e-commerce stores both within India and internationally.
6. The Debit Card comes in various variants like VISA, MASTERCARD, and Rupay.
7. You earn reward points on movie tickets, online shopping, grocery purchases, and lifestyle expenses..
The Benefits of the Debit Card
The card comes with a new EMV chip for more security from duplication and fraud. it enables cardholders to do cashless transactions. 4SBIs EMV Chip Debit Card; 9 key things to know while opting the new chip Website: Zee Business Category: Webpage Published: Sep 11, 2018 Above All, it offers to earn cashback points on purchasing.
State Bank Debit Card Loyalty Program
- The State Bank Platinum Debit Card rewards users with 2 SBI Rewardz points for every Rs. 200 spent on shopping, dining, fuel, travel bookings, or online transactions. 5Terms and Conditions (https://rewardz.sbi/content/terms-conditions) Website: Rewards SBI
- Upon card activation, users receive an attractive bonus of 200 points for the first three purchase transactions made within a month.
- During their birthday month, cardholders enjoy double the standard reward points earned, enhancing the celebration with additional benefits.
- Accumulated SBI Rewardz points can be redeemed for a variety of exciting gifts, offering users flexibility and value for their loyalty.
- For more details on rewards and redemption options, users can visit the official SBI Rewardz website or download the mobile app for convenient access.
Airport Lounges Access
- Access to Airport Lounges: Enjoy the luxury of relaxing in airport lounges while travelling with the SBI Platinum International Debit Card.
- Complimentary Benefit: The card provides complimentary access to airport lounges, offering a tranquil retreat from the hustle and bustle of crowded terminals.
- Terms and Conditions Apply: It’s important to note that certain terms and conditions govern the complimentary lounge access, including limitations on the number of visits per year and specific entry requirements. 6Terms & Conditions for Debit Cards Website: SBI Official Category: PDF 7Terms & Conditions: Domestic Lounge Website: SBI Card Category: PDF
- Card Network Regulations: The lounge access benefits are subject to the terms and conditions set by the respective card network (RuPay, Visa, or Mastercard) associated with the SBI Platinum Card.
- Further Information: For detailed information on lounge access privileges, individuals can refer to the card network’s website or contact SBI customer care for assistance. 8Contact Centre – Customer Care – SBI Website: SBI official
Additional Benefits
# | List | Benefits |
---|---|---|
1 | Purchase Protection | it offers Purchase Protection in all spending for ₹50 Thousand for the Last 90 days For Safety From Fraud spending. |
2 | Daily Transactions | it provides a higher limit of transactions around 2 Lakh per day. |
3 | Reward Points | According to the State Bank Rewardz Scheme, the card provides SBI Rewardz on every spend of ₹200. |
4 | International | it provides an international purchasing limit of 2 lakh and a withdrawal limit of 1 Lakh. |
SBI Platinum Debit Card Charges
Certainly, here’s a table detailing the charges associated with the SBI Platinum International Debit Card: 9Debit Card Related Charges Website: SBI.co.in Category: Webpage
Fees | Description |
---|---|
Issuance Charges | Rs. 300/- plus GST |
Annual Maintenance Charges | Rs. 250/- plus GST |
Card Replacement Charges | Rs. 300/- plus GST |
Withdrawal Limit
Card Type | Daily Cash Withdrawal Limit at ATMs | Daily Point of Sales/Online Transaction Limit |
---|---|---|
Domestic | Minimum: Rs. 100/-, Maximum: Rs. 1,00,000/- 10SBI ATM Cash Withdrawal Limit Website: FinancialExpress Category: Web Story | Minimum: No such limit, Maximum: Rs. 2,00,000/- for Point of Sales transactions. Maximum per transaction and per month limit of foreign currency equivalent of Rs. 50,000/- for online transactions, available only at select international online websites. |
International | Minimum: Varies from ATM to ATM, Maximum: Varies from country to country, subject to a maximum of foreign currency equivalent of Rs. 1,00,000/- | No such limit but subject to local regulation for Point of Sales/Online transactions. |
Eligibility criteria
Certainly, here are the top 5 eligibility criteria for the SBI Platinum International Debit Card:
- Residency: Applicants must be residents of India or non-residents holding eligible accounts with SBI.
- Account Type: Eligible accounts include Savings Accounts, Current Accounts, Salary Accounts, or Online Savings Accounts like Insta Plus Video KYC Savings Account.
- Age: Applicants must meet the minimum age requirement set by SBI, typically 18 years or older.
- Account Status: Applicants must have an active and in-good-standing account with SBI.
- Documentation: Required documents such as proof of identity, address, and income may need to be provided as per SBI’s guidelines.
How to Apply For SBI Platinum Debit Card
- Visit SBI’s official website to start the application process for the SBI Platinum Debit Card.
- Explore the “Debit Cards” section on the website to find the Platinum Debit Card option.
- Review the eligibility criteria for the Platinum Debit Card to ensure qualification.
- Decide whether to apply online through the website or visit a nearby SBI branch in person.
- If opting for the online application, locate the dedicated section on the SBI website for debit card applications.
- Fill out the application form with accurate personal information, including name, address, and contact details.
- Choose the type of account (e.g., Savings Account or Current Account) to link with the Platinum Debit Card.
- Upload necessary documents such as proof of identity, address, and income as per SBI’s requirements.
- Double-check all information entered before submitting the application.
- After submission, await confirmation of receipt and follow further instructions for card processing and delivery.
Necessary Documents
Moreover, All you need to do is To Submit A Online Application. or the Account holders can visit the nearest branch of SBI Bank.
SBI Platinum Debit card Vs SBI Gold Debit Card
Here is the list of Difference between in sbi platinum debit card vs sbi gold debit card –
difference Between | SBI GOLD Debit Card | SBI Platinum Debit card |
---|---|---|
Annual Fee on The Cards | ₹175 and applicable GST taxes | ₹250 And Applicable GST Charges |
In Travel | – No Lounge Acess – International Usages Enabled | – Free Lounge Access – International Usages |
Replacement | Flat ₹300 | ₹300 charges are applicable |
Reward Points | 2 Reward Points on Every Spent of ₹200 | ₹200 Per Spend Earn 2 Reward Points |
Cashback | SBI REWARDS POINTS | STATE BANK OF INDIA REWARDS POINTS |
Additional | NEW Added EMV Chip | Embedded NEW EMV Chip |
In Conclusion
In conclusion, the SBI Platinum debit card proves to be an excellent choice for daily transactions and cashless purchases, offering decent cashback rewards on lifestyle expenses. With attractive activation and birthday bonuses, it stands out as a rewarding option for cardholders. The positive customer reviews, rating it at 3.7 out of 5 on Pricemint, further solidify its status as a reliable debit card from SBI.
Frequently Asked Questions
What are the benefits of the SBI Platinum Debit Card?
The SBI Platinum Debit Card offers various benefits such as cashback rewards, lounge access, and higher spending limits for both domestic and international transactions.
How can I apply for an SBI Platinum Debit Card?
You can apply for an SBI Platinum Debit Card by visiting the official website of SBI or by visiting a nearby SBI branch and filling out an application form.
What are the eligibility criteria for obtaining an SBI Platinum Debit Card?
Eligibility criteria typically include being a resident of India or a non-resident holding eligible accounts with SBI, meeting age requirements, and having an active and in-good-standing account with SBI.
Is there an annual fee associated with the SBI Platinum Debit Card?
Yes, there is an annual maintenance fee is Rs. 275 for the SBI Platinum Debit Card, which is subject to change. Please refer to the latest fee structure provided by SBI for accurate information.
How do I earn reward points with the SBI Platinum Debit Card?
You can earn reward points with the SBI Platinum Debit Card by using it for various transactions such as shopping, dining, fuel purchases, and online spending.
Can I use the SBI Platinum Debit Card for international transactions?
Yes, the SBI Platinum Debit Card can be used for both domestic and international transactions, offering convenience and flexibility for cardholders.
How do I redeem the reward points earned with the SBI Platinum Debit Card?
Reward points earned with the SBI Platinum Debit Card can typically be redeemed for a variety of gifts and merchandise through the SBI Rewardz program.
How do I report a lost or stolen SBI Platinum Debit Card, and what is the process for card replacement?
In case of a lost or stolen SBI Platinum Debit Card, you should immediately contact SBI’s customer service helpline 1800 1234 or 1800-2100 to report the incident. The customer service representative will guide you through the process of blocking the card and requesting a replacement.
Article References:
- 1SBI launches RuPay Platinum debit card Website: The Economic Times Retrieved 7 May 2015
- 2Enhance Your Airport Experience: 5 Debit Cards Offering Lounge Access Website: Times Now Category: Web Story
- 3SBI Rewardz Website: Rewardz.SBI Category: Webpage
- 4SBIs EMV Chip Debit Card; 9 key things to know while opting the new chip Website: Zee Business Category: Webpage Published: Sep 11, 2018
- 5Terms and Conditions (https://rewardz.sbi/content/terms-conditions) Website: Rewards SBI
- 6Terms & Conditions for Debit Cards Website: SBI Official Category: PDF
- 7Terms & Conditions: Domestic Lounge Website: SBI Card Category: PDF
- 8Contact Centre – Customer Care – SBI Website: SBI official
- 9Debit Card Related Charges Website: SBI.co.in Category: Webpage
- 10SBI ATM Cash Withdrawal Limit Website: FinancialExpress Category: Web Story