SBI Aurum Credit Card: The SBI Aurum Credit Card, is designed for complimenting the lifestyle of its customer and has been crafted to meet your high standards, creating experiences that will take you to the very pinnacle of refinement. This, credit card is metallic in design and elegant black finishing with dotted golden stripes.
Till now, SBI Elite Credit Card maintains the top spot in the premium card segment of the SBI Cards, but now the Auram Card has replaced it. The card offers all-rounder benefits around rewards, travel, movies, concierge service, and many more.
You also get many complimentary privileges including complimentary memberships from top Entertainment, Dining and Lifestyle brands such as Amazon Prime, Discovery Plus, BBStar, Zomato Pro, and Eazydiner Prime. You may also get complimentary gift vouchers from TataCliq, LUXE, and Taj on achieving the stipulated spends milestones.
Therefore, in this article we are going to see the features and benefits of the SBI Aurum Credit Card.
Contents
1. SBI Aurum Credit Card Features and Benefits
The SBI Aurum Credit Card comes with exclusive privileges in different categories, including travel, reward programs, and many more.
Here we have mentioned the features and benefits offered by the SBI Aurum Credit Card:
- Welcome Benefits: As a joining benefit, you get 40,000 Reward Points worth Rs. 10,000 and Complimentary membership of Zomato Pro, Eazydiner Prime, Amazon Prime, Discovery Plus, Lenskart Gold, and BBStar for 6 months.
- Milestone Benefits: On the monthly expenditure of Rs. 1 lakh, get TataCliq voucher worth Rs. 1,500 and on spending Rs. 5 lakh in a year, get LUXE voucher worth Rs. 5,000 and on annual spends of Rs. 10 lakh, get Taj voucher worth Rs. 10,000.
- Travel Benefits: Get complimentary lounge access at domestic airports and unlimited complimentary lounge access at international airports. Apart from lounge access, you also get complimentary spa access at select domestic airports. On flight cancellation get a cover of Rs. 3,500/ticket on refundable tickets and Rs. 3,000/ticket on non-refundable tickets. These flight cancellation benefits can be availed for a maximum of two times a year and the refund excludes the taxes and convenience charges on the ticket.
- Airport Benefits: Get 4 complimentary domestic airport lounge access, under Visa/MasterCard Domestic Lounge Program per quarter and unlimited international airport lounge access with complimentary membership of the Dreamfolks airport lounge program.
- Dining Benefits: Get complimentary membership of Zomato Pro and Eazydiner Prime.
- Movie Benefits: Get 4 movie tickets every month from BookMyShow and can book a maximum of 2 tickets at a time and a cooling period of 24 hours is applicable before the next booking can be made.
- Concierge Benefits: Through this Credit Card, you can avail of concierge benefits with 24×7 assistance. The concierge services provided on Flight referral and reservation, Hotel and restaurant reservation, Flowers and gifts, Booking and delivery of movie tickets, and Medical Concierge services.
- Reward points: Being a super-premium card, SBI Aurum has a very low reward rate of 1% i.e., the card offers 4 reward points on every Rs. 100 spent on the card.
- Reward Redemption: Earned Reward Points can be redeemed for gift vouchers, flight bookings, hotel reservations on the dedicated AURUM Rewards portal and a reward redemption fee of Rs. 99 for per redemption request is chargeable.
2. SBI Aurum Credit Card Fees and Charges:
- The joining fee charges are- Rs. 10,000
- The Annual fee or Renewal fee charges are- Rs. 10,000
- The Cash withdrawal fee, Rs. 500 or 2.5% of the withdrawn amount Domestic ATMs and also on International ATMs.
- On all the Foreign currency transaction, you have to pay forex fee of 1.99% on the transacted amount. This fee is to be paid on all international transactions done using this credit card.
- An interest rate of 3.5% per month (42% annually) is applicable on the due amount on the card if the cardholder is unable to clear all the dues by the payment due date.
- Late Payment Charges are- apart from the interest rate, a late payment fee shall also be applicable, For Statement Balance: NIL for Total Amount due from Rs.0-Rs.500; Rs. 400 for Total Amount due greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Total Amount due greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Total Amount due greater than Rs. 10.000 & up to Rs. 25,000; Rs. 1,100 for Total Amount due greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1,300 for Total Amount due greater than Rs. 50,000.
3. SBI Aurum Credit Card Eligibility Criteria to Apply:
The common eligibility criteria and the documents required to apply for SBI Aurum Credit Card are as follows:
- The age limit for applying for this card is 18 years of age.
- The cardholder should be an Indian resident and an excellent credit score i.e., 750 and a strong relationship with the card issuer.
- The cardholder should have a stable source of income either through salary or self-employment with a high annual income.
- For Identity Proof documents you need are Aadhar Card, Voters Id, PAN Card, Passport, Driving License.
- For Address Proof, Utility bills of the latest months, Aadhar Card, Passport, and Ration card are the needed documents.
- For Income Proof, you need to submit the latest bank statement as a salaried person, and can also, submit your company ID card, if you are salaried, and if you are self-employed, you should submit your latest ITR.
4. How to Apply for SBI Aurum Credit Card:
For SBI Aurum Credit Card is an invite-only, you cannot apply for this card, therefore, to get this card you need to get invitation regarding the SBI Aurum Credit Card from the card issuer. And also, you should be know that of the fact about the high income and a really good score will be required to get this card as it is the most premium offering by the card issuer.
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