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IRCTC SBI Card Premier

Annual Fee

₹1,499

Rewards/₹100

₹0.80 - ₹7.50

Normalized to balance base rate with bonus categories

Interest Rate

42.00%

Credit Score

750+

At a Glance

Key Benefits

Up to 10% value back on IRCTC, 1.8% transaction charge waiver, 1 RP = Rs 1

Lounge Access

8 railway lounge visits/year (Delhi, Jaipur, Agra, Ahmedabad, Kolkata)

Eligibility

Salaried: Rs 25,000+/month, Age: 21-65 years, CIBIL: 750+

Quick Details

Annual Fee
₹1,499 #195
Joining Fee
₹1,499 #196
Interest Rate
42.00% p.a. #108
Forex Markup
3.50% #75
Rewards/₹100
₹0.80 - ₹7.50 #14
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
8/year #30
Min Credit Score
750+ #186
Min Monthly Income ₹25
Network VISA
Late Payment Fee ₹750
Cash Advance Fee 2.50% (min ₹500)
Over Limit Fee 2.50% (min ₹500)
Fee Waiver on Spend ₹2,00,000/yr

Reward Structure

Base

All Spends

₹0.80 /₹100
Cat

Dining

₹2.40 /₹100
Partner

IRCTC Railway Booking (Non-Peak)

₹10.00 /₹100
Partner

IRCTC Railway Booking (Peak)

₹4.00 /₹100
Partner

IRCTC Air Tickets

₹5.00 /₹100

Reward Calculator

Allocate by Category 100%
Dining
2.4 pts
35% ₹0
IRCTC Railway Booking (Non-Peak)
10.0 pts
25% ₹0
IRCTC Railway Booking (Peak)
4.0 pts
20% ₹0
IRCTC Air Tickets
5.0 pts
12% ₹0
Other Spends
0.8 pts
8% ₹0
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:

Milestone Benefits

Welcome Bonus

1,500 reward points on payment of first annual fee

₹1,500

value

Milestone

2,500 reward points on Rs 50,000 annual travel spend

Spend ₹50,000 within 365 days

₹2,500

value

Milestone

5,000 reward points on Rs 1 lakh annual travel spend

Spend ₹1,00,000 within 365 days

₹5,000

value

Renewal Benefit

Annual fee waiver on Rs 2 lakh annual spend

Spend ₹2,00,000 within 365 days

₹1,499

value

Airport Lounge Access

Domestic Free
8

visits per year

Railway lounge access at Delhi, Jaipur, Agra, Ahmedabad, Kolkata Sealdah. Max 2 visits per quarter.

Insurance Coverage

Fraud

₹1,00,000

Fraud liability cover from 48 hours prior to reporting till 7 days post reporting.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days.

Quick Analysis

The IRCTC SBI Card Premier is ideal for frequent train travelers who book via IRCTC. With up to 10% value back on AC tickets and 8 railway lounge visits, it offers excellent value for regular rail users. However, the card is niche and benefits are limited if you do not travel by train frequently.

Pros

  • Up to 10% value back on IRCTC railway bookings
  • 8 complimentary railway lounge visits per year
  • 1.8% transaction charge waiver on IRCTC bookings
  • 1 Reward Point = Rs 1 value
  • Fee waiver on Rs 2 lakh annual spend

Cons

  • Limited to railway travel benefits
  • Insurance coverage discontinued from July 2025
  • No international lounge access
  • Not suitable for non-train travelers

Best For

Frequent railway travelers who book via IRCTC

Not Ideal For

Travelers who prefer flights or rarely use trains

Frequently Asked Questions

What is the IRCTC SBI Card Premier annual fee?
The IRCTC SBI Card Premier has a joining and annual fee of Rs 1,499. The fee is waived on annual spends of Rs 2 lakhs or more.
How much reward value can I earn on IRCTC bookings?
You can earn up to 10% value back on IRCTC railway bookings during non-peak season (Jan 15-Mar 31, Jul 15-Sep 15) and 4% during peak season on AC tickets.
What is the lounge access benefit?
You get 8 complimentary railway lounge accesses per year (maximum 2 per quarter) at select stations including Delhi, Jaipur, Agra, Ahmedabad, and Kolkata Sealdah.
What is the value of 1 Reward Point?
1 Reward Point is equivalent to Rs 1 and can be redeemed for IRCTC bookings or other redemption options.
Is insurance included with this card?
The card offers Rs 1 lakh fraud liability cover. Note: Air accident and Rail accident insurance coverage has been discontinued from July 2025.
What is the minimum income required?
Salaried individuals need a minimum annual income of Rs 3 lakhs (Rs 25,000/month) and self-employed need Rs 4 lakhs annually.

User Reviews

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