IRCTC SBI Card Premier
SBI
₹1,499
Joining fee
₹1,499, waived at ₹3L spend
Annual fee
No confirmed spend-based waiver — the card instead compensates via 1,500 reward points (worth Rs 1,500), equivalent to the joining fee, upon payment of the first annual fee.
3.5%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹35,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 700+
Estimated — not officially confirmed by the bank.
Age: 18–60
Salaried or self-employed; CIBIL score preferably 750+ per aggregator, though explicitly described as 'not explicitly mandated' — a soft guideline, not a hard published requirement.
Lounge access
8 railway visits per year
Reward details
1 reward point per Rs 125 on other retail purchases
- 10% value back on Railway tickets (AC1, AC2, AC3, Executive Chair Car, Chair Car) via IRCTC
- 5% value back on Air tickets via IRCTC
- 5% value back on E-catering purchases
- 3 reward points per Rs 125 on Dining and utility standing instructions
- Rs 50,000 annual travel spend: 2,500 points
- Rs 1 lakh annual travel spend: 5,000 points
Redemption
1 reward point = Rs 1 against IRCTC bookings; rewards valid for 2 years from accrual date
Ratio: 1:1
- 1% transaction charge waiver on railway ticket bookings
- 1.8% transaction charge waiver on airline ticket bookings via IRCTC
- 1% fuel surcharge waiver (max Rs 250/statement) on Rs 500-4,000 transactions
- Rail accident insurance Rs 10 lakh; air accident insurance Rs 50 lakh; fraud liability cover Rs 1 lakh
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Redemption of reward points against IRCTC bookings at a 1:1 ratio seen as straightforward — Paisabazaar
- Good railway lounge visit frequency — Paisabazaar
- Achievable spending milestones — Paisabazaar
Complaints
- Low reward rate on general (non-travel) spends — Paisabazaar
- No general travel benefits like airport lounge access — Paisabazaar
Sources
- Official — rendered navigation content only, confirmed only meta-description highlights
- Aggregator — fees, eligibility, lounge, rewards, sentiment