South Indian Bank SBI Platinum Credit Card
The South Indian Bank SBI Platinum Credit Card is a mid co-branded credit card from South Indian Bank and SBI Card, with a joining fee of ₹2,999 + GST.
It earns up to 10 pts per ₹100 (≈2.5% value) on SBI Card spends in the form of reward points (points).
Cardholders get 2 quarterly domestic + unlimited annual international airport lounge access, plus welcome e-gift voucher worth rs 3,000 (bata/hush puppies, aditya birla fashion, westside, shoppers stop, yatra) as a welcome benefit.
- Joining Fee₹2,999
- Annual Fee₹2,999
- Best Suited ForCo-brand rewards
- Reward TypeReward Points (points)
- 10 pts per ₹100 on dining departmental international (cap 40000 points / annual)
- Base 0.50% on other spends
- Welcome e-Gift Voucher worth Rs 3,000 (Bata/Hush Puppies, Aditya Birla Fashion, Westside, Shoppers Stop, Yatra)
Rewards and Benefits
- ₹4,00,000 / annual: e-Gift Voucher worth Rs 3,000 on Rs 4L annual spend
- ₹5,00,000 / annual: e-Gift Voucher worth Rs 3,000 on Rs 5L annual spend
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
- Groceries₹200/mo
You spend ₹8,000 · earns 2.5% = ₹200 uncapped
- Capped at ₹833/mo
- Valued at realized redemption value
- Dining & food delivery₹200/mo
You spend ₹8,000 · earns 2.5% = ₹200 uncapped
- Capped at ₹833/mo
- Valued at realized redemption value
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Online shopping₹15,000 · 0.5% = ₹75/mo
- Fuel₹4,000 · 0.0% = ₹0/mo
- Travel & hotels₹10,000 · 0.5% = ₹50/mo
- Utilities & bills₹5,000 · 0.5% = ₹25/mo
₹6,600 rewards − ₹2,999 annual fee. Estimate for the spend you entered.
Fees & Charges
Product Details
- Co-branded mid card by South Indian Bank and SBI Card.
- Joining / annual fee of ₹2,999 + GST.
- Available on the Visa network.
- Complimentary airport lounge access: domestic (2/quarterly) + international (unlimited/annual).
Pros & Cons
- Complimentary international airport lounge access.
- Milestone-based bonus rewards on annual / quarterly spend thresholds.
- No annual-fee waiver option.
- Standard forex markup of 3.50% — suboptimal for international spend.
- No rewards on fuel spends.
₹3,000 welcome benefit
- Welcome e-Gift Voucher worth Rs 3,000 (Bata/Hush Puppies, Aditya Birla Fashion, Westside, Shoppers Stop, Yatra)Annual fee paidWindow: 21 days from issuance.
Accelerated rewards
- 10 pts per ₹100 on dining departmental international (cap 40000 points / annual)5X Reward Points on Dining, Departmental Store and International spends; max 40,000 points in the 5X category per year (brochure).
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- wallet loads
- rent
- insurance premiums
- emi
Milestone benefits
- ₹4,00,000 / annual: e-Gift Voucher worth Rs 3,000 on Rs 4L annual spend (≈ ₹3,000 value)
- ₹5,00,000 / annual: e-Gift Voucher worth Rs 3,000 on Rs 5L annual spend (≈ ₹3,000 value)
Airport lounge access
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹500 and ₹4,000, capped at ₹250 per monthly.
Sources
- : www.sbicard.com · retrieved 5 Jul 2026
Last verified 5 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- 720+
- Income (salaried)
- ₹3,00,000 p.a.
- Income (self-employed)
- ₹3,00,000 p.a.