State Bank of IndiaVisa / Mastercard / American Express • Premium Tier Source Verified

SBI Card PRIME Fees & MITC Charges

Premium lifestyle card packed with ₹3,000 welcome gift vouchers, 4 Priority Pass lounge visits, and 20 reward points on utility standing instructions.

SBI Card

VISA

SBI Card PRIME

•••• •••• •••• 2026

Premium

Joining Fee

₹2,999

+ 18% GST on issuance

Annual Renewal Fee

₹2,999

Total billed: ₹3,539 incl. GST

Annual Fee Waiver Spend

₹3,00,000

Waived upon reaching annual spend

Forex Markup Fee

3.5%

Effective 4.13% incl. GST

Airport Lounge Access Policy (2026 Update)

Domestic Lounge Allowance:2 visit(s) per quarter

International Lounge Allowance:4 visit(s) per year (Priority Pass)

Quarterly Spend Condition:Unconditional (No spend requirement)

Official Rule: 8 complimentary domestic airport lounge visits (2/quarter) + 4 international Priority Pass lounge visits per year.

Surcharges & Utility Caps

Fuel Surcharge:1% waiver on transactions between ₹500 and ₹4000 (up to ₹250/month).

Utility Spends:1% surcharge applies on cumulative monthly utility bill payments exceeding ₹50,000.

Key Strengths

•₹3,000 welcome gift voucher (Bata, Hush Puppies, Marks & Spencer, Yatra)
•4 international Priority Pass lounge visits + 8 domestic lounge visits
•5% return on utility bill standing instructions

Limitations & Drawbacks

•₹2,999 + GST annual renewal fee
•3.5% foreign currency markup
•₹3,00,000 annual spend required for fee waiver

Source Provenance

Primary Authority Document:Official Issuer Most Important Terms & Conditions (MITC)

Last Verified Date:2026-08-21

Regulatory Compliance:RBI Master Direction – Credit Card and Debit Card Issuance and Conduct Directions

View Official Bank MITC Apply on Official Bank Website →

Related Intelligence Tools

• Calculate Your Net Value for this Card →• Check Airport Lounge Spend Criteria →• Compare with 0% Forex Cards →• Decode Credit Card Statement Charge →

Questions about SBI Card PRIME charges

What is the annual fee for SBI Card PRIME?

The annual fee for SBI Card PRIME is ₹2999 + 18% GST (total ₹3539). It can be waived by spending ₹3,00,000 in the preceding card anniversary year.

What is the foreign currency (forex) markup on SBI Card PRIME?

SBI Card PRIME charges a 3.5% foreign currency markup fee + 18% GST on all non-INR currency transactions and foreign merchants.

Does SBI Card PRIME offer airport lounge access in 2026?

SBI Card PRIME provides 2 complimentary domestic lounge visit(s) per quarter. No minimum quarterly spend required.