At a Glance
Key Benefits
10% cashback on Ola (up to Rs 1,000/month), 6% on dining, 3% on online
Lounge Access
No lounge access
Eligibility
Salaried: Rs 50,000+/month, Age: 21-60 years, CIBIL: 720+
Quick Details
Annual Fee
₹2,999
#236
Joining Fee
₹2,999
#236
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹1.00 - ₹7.50
#14
Reward Type Cashback
Reward Currency Cashback
Min Credit Score
720+
#154
Min Monthly Income ₹50
Network MASTERCARD
Late Payment Fee ₹950
Over Limit Fee ₹600 2.50% (min ₹500)
Cash Advance Fee 2.50% (min ₹500)
Fee Waiver on Spend ₹2,00,000/yr
Reward Structure
Base
All Spends
₹1.00 /₹100
Partner
Ola
₹10.00 /₹100
Cat
Dining
₹6.00 /₹100
Cat
Online
₹3.00 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned505
Cash Value₹505
Breakdown
Ola100
Dining30
Online300
Other Spends75
Total Value₹505
Quick amounts:
Insurance Coverage
Lost Card
₹0
Zero liability for lost card transactions when reported within 3 days.
Fraud
₹0
Zero liability for unauthorized transactions when reported immediately.
Air Accident
₹50,00,000
Rs 50 lakh air accident cover for travel booked with this card.
Quick Analysis
The SBI Cards Ola SBI Prime is a solid credit card option. With an annual fee of ₹2999, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Annual fee waiver on spending ₹200000
- Direct cashback instead of points - no redemption hassle
- Good insurance coverage up to ₹50 lakh
- Extended interest-free period of 50 days
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 42.00% on revolving credit
Frequently Asked Questions
How much cashback do I get on Ola rides?
Ola SBI Prime offers 10% cashback on all Ola rides, capped at Rs 1,000 per month.
What is the annual fee for Ola SBI Prime?
Annual fee is Rs 2,999, which can be waived by spending Rs 2 lakhs in the year.
Does Ola SBI Prime have lounge access?
No, Ola SBI Prime does not offer airport lounge access.
What is the dining cashback rate?
You earn 6% cashback on dining spends, capped at Rs 500 per month.
Is there a welcome bonus?
Yes, you receive Ola credits worth Rs 500 on activation and first spend.
User Reviews
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