SBI Advantage Platinum Card

SBI Advantage Platinum Card is possibly the best reward cards from SBI. Here are the reasons why.

At an annual fee of ₹2,999, the SBI Advantage Platinum offers a lot of benefits to customers, including many for frequent international travelers, at a fairly affordable fee. With a huge network of partner brands, the card offers attractive savings options in the best places, making it a great value-for-money investment.

SBI Advantage Platinum Card Features

  1. Annual fee of ₹2,999
  2. 5x cash points on every dining and grocery purchase, where 4 cash points equals ₹1
  3. 2 cash points on every ₹100 spent on other purchases
  4. Welcome e-voucher gift from retail partners like Hush Puppies, Shoppers Stop,, Marks & Spencer and Westside
  5. Milestone rewards on yearly spends of ₹4-₹5 lakhs
  6. Up to 75% off at more than 55k hotel partners across the world. This includes special offers for vacation bookings at destinations like Cebu, Phuket, Bali, Sydney and more
  7. 10% benefit from car rental bookings by Hertz Car Rental Program, as well as 20% benefit from the Avis rental program
  8. Complimentary priority pass membership, which allows exclusive access to airport lounges in over 300 cities worldwide
  9. 10% discount at The Marriott Group of hotels
  10. 15% discount at Ginger Hotels on BAR (Best Available Rate), each day
  11. 1% fuel surcharge waiver across all petrol pumps in India, for transactions ranging between ₹500 and ₹4,000
  12. E-statements, mobile alerts and phone banking, instant card statements of transactions of the last one year
  13. Credit card fraud liability cover of up to ₹1,00,000
  14. Free card replacement option anywhere across the world
  15. Access to more than 300 golf courses worldwide, with 30% discount on the green fee
  16. Customers can convert purchases into EMI payments with FlexiPay
  17. Easy money facility, where customers can get a cheque or draft delivered to their doorstep, against the cash limit
  18. IRCTC tickets can be booked and delivered to one’s doorstep
  19. Add-on cards at no additional charge
  20. 3.5% foreign currency mark-up
  21. Cash advance limit of 80% of credit limit


  1. No concierge services
  2. High interest rate
  3. Low insurance coverage
  4. Reward points not accrued on fuel transactions
  5. 2,000 cash points have to be accrued before redemption is allowed
  6. SBI customer services has been a pain point for most customers across India
  7. No reward points for utility bill payments
  8. The SBI PRIME Credit Card offers better options at the same annual fee
  9. Usage fee of $27 every time one visits an airport lounge, which defeats the entire purpose of complimentary access. Moreover, only the primary card holder is eligible for access.


  1. Global acceptance
  2. Low annual fee
  3. Travel benefits
  4. Good retail partners
  5. Easy Money facility
  6. Emergency card replacement services worldwide


  1. High foreign exchange mark-up
  2. Poor customer services
  3. Low and limited insurance coverage

What are your thoughts on this credit card?

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