SBI IRCTC Platinum Credit Card: Benefits, Fees & Apply

For frequent travelers who favor Indian Railways for their travels, the SBI IRCTC Platinum Credit Card is an excellent choice. This credit card is intended to make your train travel more enjoyable and economical. It is offered by the State Bank of India (SBI) in partnership with the Indian Railway Catering and Tourism Corporation (IRCTC). It provides special advantages including ticket booking discounts, transaction reward points, and other fun travel-related incentives. 

The unique savings this card offers when purchasing rail tickets on the IRCTC website is one of its most notable benefits. Up to 10% value back is available on your AC class reservations, which is a fantastic method to reduce your travel costs. The card also offers reward points for regular purchases, which may be exchanged for more travel savings and other perks in the future.

With a small annual charge that is readily offset by the benefits and savings you might receive, the SBI IRCTC Platinum Credit Card is reasonably priced. Because the costs are set up to offer the most value, a variety of users can use it. The card is a well-rounded alternative for people who want to handle their money wisely because it also provides extra benefits including EMI conversion choices and waivers of fuel surcharges.

What is the SBI IRCTC Credit Card?

SBI IRCTC Platinum Credit Card is a special credit card issued in collaboration with the State Bank of India (SBI) and the Indian Railway Catering and Tourism Corporation (IRCTC). The main purpose of this credit card is to provide facilities to those customers who frequently travel through Indian Railways. This credit card not only makes rail travel more economical but also provides various benefits and facilities during the journey.

What are the benefits of taking an SBI IRCTC Platinum Credit Card?

Let us get detailed information about the benefits of the SBI IRCTC Platinum Credit Card, which are as follows:

• Fuel expenses, cash withdrawals, balance transfers, EMI payments, and fees do not qualify for reward benefits.

• Reward points are transferred to the monthly IRCTC Rewards Membership Account.

• SBI IRCTC Platinum Credit Card entitles the cardholder to 4 complimentary Domestic Railway Lounge Access annually.

• Lounge access with the SBI IRCTC Platinum Credit Card can be availed by the primary cardholder a maximum of 1 time per quarter.

• Under the SBI IRCTC Platinum Credit Card, 350 reward points are issued to the cardholder as a welcome bonus reward benefit on making a minimum transaction of ₹500 apart from fuel and cash transactions within 45 days of receiving the credit card.

• ₹100 is received as cashback on activation of the cash withdrawal facility from the card within 30 days of receiving the SBI IRCTC Platinum Credit Card.

• Bonus reward is credited within 45 days of the transaction under the offer.

• 1 reward point (₹1) is available for every ₹125 for all retail expenses including ticket booking expenses made from IRCTC (website and app) with SBI IRCTC Platinum Credit Card.

• Up to 10% value back in the form of reward points is available on booking of Chair Car, Executive Chair Car, and all class AC tickets from rctc.co.in or IRCTC mobile app.

• To redeem these reward points on irctc.co.in, SBI IRCTC Platinum Credit Card Loyalty Number needs to be linked to the IRCTC login ID.

• SBI IRCTC Platinum Credit Card offers a fuel surcharge waiver (up to 1%) on every transaction ranging from ₹500 to ₹3000.

• Maximum limit of SBI IRCTC Platinum Credit Card fuel surcharge waiver – Up to ₹100 per billing cycle.

What are the lounge benefits of the SBI IRCTC Platinum Credit Card?

Here are the main lounge-related benefits in simple terms:

• The card typically provides access to 2 complimentary lounge visits annually. Some versions of the card may offer more, depending on the type of card you hold.

• Cardholders get priority access to lounges, which can be especially helpful during busy travel times when there are a lot of crowds.

• Cardholders can enjoy free entry to select airport lounges across India. This means you can relax in a comfortable space with amenities like snacks, drinks, and Wi-Fi while waiting for your flight.

• You can access lounges at major domestic airports in India. This makes your travel experience more relaxing and convenient.

What are the reward benefits of the SBI IRCTC Credit Card?

Here are the key rewards in simple words:

• You also earn reward points on everyday purchases like shopping, dining, and other bills, although these may not be as high as for IRCTC-related spending.

• The points you earn can be redeemer for free IRCTC train tickets, hotel stays, or discounts on travel bookings.

• You earn reward points for every purchase made on the card, especially when you book tickets through IRCTC. For example, you get more points when booking train tickets, hotel bookings, or IRCTC services.

• If you use the card for bookings on the IRCTC website, you can earn bonus reward points. This is great for regular travelers.

• When you first get the card, you may receive bonus reward points or discounts as part of a welcome offer.

What are the fees of SBI IRCTC Credit Card?

Here’s a simple breakdown:

Annual Fee	There is an annual fee for the card, which is usually around ₹500 to ₹1,000. This fee is charged every year for using the card. Some versions of the card may have a lower fee or may waive it if you spend a certain amount.
Joining Fee	When you first get the card, there may be a joining fee, typically around ₹500 to ₹1,000. This is a one-time fee when you apply for the card.
Interest Charges	If you do not pay the full bill amount on time, the card will charge interest on the unpaid balance. The interest rate can be around 3-3.5% per month (or around 36% per year).
Late Payment Fee	If you miss the payment due date, you may be charged a late payment fee. The amount can vary based on your outstanding balance.
Cash Withdrawal Fee	If you use the card to withdraw cash from an ATM, there will be a fee, and interest will also be charged on the withdrawn amount from the day of withdrawal.

What are the eligibility criteria to get an IRCTC Platinum Credit Card?

The following are the criteria for SBI IRCTC Platinum Credit Card:

• You must be an Indian citizen to get an SBI IRCTC Platinum Credit Card.

• Your age should be between 18 to 65 years.

• You must have a source of income.

• Your credit score should also be good.

What are the necessary documents requiring to get an IRCTC Platinum Credit Card?

Proof of Identity	PAN Card, Aadhar Card, Driving License, Passport, Voter ID Card etc.
Proof of Address	Aadhar Card, Driving License, Passport, Bills older than 3 months, Ration Card, etc.
Proof of Income	One or two salary slips (not older than 3 months), the latest Form 16, the last 3 months’ bank statement, etc.

How to apply online for SBI IRCTC Platinum Credit Card?

Here’s how you can apply online for the SBI IRCTC Platinum Credit Card in simple steps:

• Open your web browser and go to the official SBI Card website.

• Look for the SBI IRCTC Platinum Credit Card under the “Credit Cards” section or search for it using the search bar.

• Once you find the SBI IRCTC Platinum Credit Card page, click on the “Apply Now” button.

• You will be asking to fill out an online form with your details like your name, address, phone number, email, and income details.

• You may need to upload some documents for verification, like your ID proof, address proof, and income proof (like salary slips or bank statements).

• Double-check all the information you’ve entered and the documents you’ve uploaded.

• After everything is filling out correctly, click on the submit button to send your application.

• SBI will review your application, and if everything is fine, you will get a response (approval or rejection). If approve, your card will be sending to your address.

How to redeem reward points of an IRCTC Platinum Credit Card?

Here’s how you can do it:

• Go to the SBI Card website or open the SBI Card mobile app on your phone.

• Once logged in, find the “Rewards” or “Redeem Rewards” section. This is where you can see how many points you have earned.

• You can use your points to redeem rewards like free train tickets, hotel bookings, or discounts on travel bookings through IRCTC. Select the reward you want.

• Depending on what you want to redeem, you can select how many points you want to use for the reward. The system will showing you how many points are needing for each reward.

• Once you’ve selected your reward and points, confirm your choice. You may need to enter some details like your IRCTC account number to complete the redemption process.

• After redeeming, you will receive your reward (like a train ticket or discount) as per the terms of the offer.

How to check the IRCTC Platinum Credit Card application status online?

follow these simple steps:

• Go to the official SBI Card website on your browser.

• On the homepage, look for a link or option that says “Track Your Application” or something similar.

• You will be asking to provide details like your application reference number (which you got when you applied) or your mobile number. Enter the required information.

• After entering your details, click on the “Submit” button. Your application status will appearing on the screen, showing whether it’s approve, pending, or rejected.

Conclusion

For those who regularly take Indian Railways trips and wish to make their vacations more rewarding and economical, the SBI IRCTC Platinum Credit Card is a great option. It is a useful addition to your financial instruments since it combines the ease of a credit card with special travel benefits. This card makes sure you get the most out of your spending with features like fuel surcharge exemptions, reward points for everyday purchases, and discounts on rail ticket reservations.

This card’s emphasis on providing value to its customers is among its best features. Saving money is simple with the cashback perks and rewards program, whether you’re dining out, shopping, or making reservations. One notable advantage for rail passengers is the 10% discount on AC class reservations, which enables you to travel more for less money. Furthermore, the card is a cost-effective choice because the small costs are more than offset by the many advantages it provides.

Additionally, the card’s design prioritizes user convenience. Through SBI’s online and mobile platforms, applying for it is easy, and managing it is hassle-free. This guarantees that even those who are using credit cards for the first time can manage their transactions and take advantage of the perks with ease. The total value and user experience are further enhancing by features like EMI conversion, safe payments, and simple reward point redemption.

Frequently Asked Questions (FAQs)