Route spending through 10X reward points on utility bill payments via standing instructions.
Earn 5.0× here — 5.0% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Premium · Dining
CENTRAL BANK OF INDIA · CENTRAL BANK OF INDIA SBI PRIME CARD
Central Bank of India SBI Prime Card
ANNUAL FEE
₹2,999 waived at ₹3L spend
FIRST-YEAR NET VALUE
₹33,800 for a mid spender · travel
CENTRAL BANK OF INDIA SBI Prime Card
Updated 2026-04 3 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is Central Bank of India's.
MONTHLY INCOME ₹0.8L+ Salaried or self-employed
CREDIT SCORE 750+ Excellent band preferred
AGE 21 – 65 Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹33,800 first-year net value · mid spender · travel
Category rewards ₹19,800
Milestone bonus· Pizza Hut e-voucher worth ₹1,000; E-gift voucher worth ₹7,000 (Yatra/Pantaloons) + ₹11,000
Welcome benefit· Welcome reward points ₹3,000
Annual fee − ₹2,999
Fee waiver (met)· Annual fee waiver on ₹3 lakh annual spend ₹2,999
Net first-year value ₹33,800
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 0.50% back on eligible spends 2 pts 2 points per ₹100
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 5.0% back
10X reward points on utility bill payments via standing instructions · 5.0%
5X reward points on dining spends · 2.5%
5X reward points on grocery spends · 2.5%
5X reward points on movie/entertainment spends · 2.5%
5X reward points on departmental store spends · 2.5%
Everything else (base) · 0.5%
MILESTONES Cumulative bonuses at annual spend tiers
₹2L Pizza Hut e-voucher worth ₹1,000
₹5L E-gift voucher worth ₹7,000 (Yatra/Pantaloons)
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time Central Bank of India tweaks the program.
Line up your ₹3L before renewal.
Crossing ₹3L in the anniversary year waives the ₹2,999 fee — automatic for spenders at ₹25,000+/month. Watch your pace in months 10–12.
Don't sleep on 5X reward points on dining spends.
The second tier earns 2.5× (2.5% back). Often overlooked next to the headline category but compounds if you route consistently.
Redeem through the best path, not the default.
Point value varies across redemption options. Best path: ₹0.25/point. Same earnings, more value.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Joining fee ₹2,999 · + 18% GST · one-time
Annual fee (year 2+) ₹2,999 · waived at ₹3L spend
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 3.5%
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Airport lounges
8 domestic + 4 international visits per year. Primary cardholder.
Welcome voucher
₹3,000 Welcome reward points.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
No — SBI Card stopped issuing the Central Bank of India SBI Card PRIME effective 2025-07-26 per the official product page. The air accident cover was also discontinued for new/continued issuance effective 2025-08-11. Existing cardholders retain legacy benefits; new applicants should look at the standalone SBI PRIME Credit Card.
HOW WE KEEP THIS CURRENT
Last verified 2026-04. Sources: Issuer website, CardExpert, PaisaBazaar. Next scheduled review: 6 months from last update.