IRCTC SBI Card Premier

Lounge access

• Railway Lounge Program: complimentary access to participating railway lounges in India on presenting eligible SBI card with valid train travel ticket.
• ₹2 charged to validate the card for complimentary lounge access.
• Complimentary access permissible only to Primary cardholder.
• Includes up to two hours lounge stay, A/C seating, 1 buffet meal, unlimited tea & coffee, free Wi-Fi, newspaper/magazine, washrooms & charging points.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Forex markup

• Foreign Currency Transaction Fee: 3.5% (IRCTC SBI Card Premier is not in the exempted/lower-rate list).
• Dynamic Currency Conversion Fee: 3.5% on transactions greater than or equal to ₹1,000 carried out in Indian Currency at an international location or at merchants located in India but registered overseas.

Verified · Most Important Terms & Conditions (MITC) – SBI Card (all cards, including IRCTC SBI Card Premier) · 2026-08-04 · source

Charge

• Finance Charges: up to 3.75% per month (45% per annum) for unsecured cards, minimum ₹25 per transaction.
• Cash Advance Fee: 2.5% of transaction amount or ₹500 whichever higher (domestic and international ATMs).
• Cash Payment Fee: ₹250 + taxes.
• Cheque Payment Fee: ₹200.
• Payment Dishonor Fee: 2% of payment amount, minimum ₹500.
• Over Limit Fee: 2.5% of overlimit amount or ₹600 whichever higher (once per billing cycle).
• Card Replacement Fee: ₹100 to ₹250.
• Late Payment Charges: Nil for ₹0-100.
• ₹100 (>₹100 up to ₹500).
• ₹500 (>₹500 up to ₹1,000).
• ₹750 (>₹1,000 up to ₹10,000).
• ₹950 (>₹10,000 up to ₹25,000).
• ₹1,100 (>₹25,000 up to ₹50,000).
• ₹1,300 (>₹50,000).
• Plus additional ₹100 late payment charge on missing MAD for two consecutive cycles.
• Processing Fee on all Rent Payment Transactions: ₹199.
• Utility Payments Fee: 1% of total utility payments if total exceeds ₹50,000 in a billing cycle (w.e.f. 1st Dec 2024).
• Fee on Education Payments: 1% via third-party apps (w.e.f. 1st Nov 2025).
• Fee on Wallet Load: 1% on every wallet load transaction exceeding ₹1,000 (w.e.f. 1st Nov 2025).

Verified · Most Important Terms & Conditions (MITC) – SBI Card (all cards, including IRCTC SBI Card Premier) · 2026-08-04 · source

Interest-free period

• Interest free credit period could range from 20 to 50 days, subject to submission of claims by the merchant.
• Suspended if any balance of the previous month's bill is outstanding.
• For cash advances, interest is charged from date of transaction until date of payment.

Verified · Most Important Terms & Conditions (MITC) – SBI Card (all cards, including IRCTC SBI Card Premier) · 2026-08-04 · source

Fuel surcharge waiver

1% fuel surcharge waiver on fuel purchases between ₹500 and ₹4,000 each time, up to ₹250 monthly.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Milestone benefit

• Earn 2,500 Reward Points on annual travel spends of ₹50,000 or above.
• Earn 5,000 Reward Points on annual travel spends of ₹1,00,000 or above.
• Eligible Travel spends include Visa/RuPay defined MCC categories: Travel Agents and Railways.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Redemption value

• 1 Reward Point = ₹1 (statement debit adjustment and Travel Reward redemption).
• Rewards Redemption Fee of ₹99 applies only on Physical products, Statement Credit & on Vouchers sent physically (for all cards except AURUM).
• Reward Points accrued under the Rewards Program are valid for 24 months and expire on last day of the 24th month.

Verified · Most Important Terms & Conditions (MITC) – SBI Card (all cards, including IRCTC SBI Card Premier) · 2026-08-04 · source

Reward cap

Earning on Air ticket booking is capped at 750 Reward Points in each monthly statement cycle.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Reward exclusion

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Transfer rule

• Monthly accumulated Reward Points are transferred by SBI Card to IRCTC on the 15th of every month.
• SBI Card Reward Point balance stands zero post transfer.
• Reward points will not get credited/transferred to IRCTC Loyalty account if the loyalty account status is blocked/inactive/suspended.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Travel benefit

• Up to 10% value back as Reward points on 1st Class AC, 2nd Class AC, 3rd Class AC, Executive Chair Car and Chair Car ticket purchases at www.irctc.co.in & IRCTC Mobile App, with no capping on monthly/annual value back amount.
• Value back accrues 5 days after date of journey provided ticket is not cancelled.
• Reward Points valid for 2 years from date of member's registration (w.e.f. 26th December'24).

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Insurance

• Fraud Liability cover up to ₹1 lakh for financial loss incurred due to fraudulent usage of the Credit Card (insured by ICICI Lombard General Insurance Ltd).
• Note: With effect from 26th July'25, the complimentary Air Accident insurance cover of ₹50 lakhs and Rail Accident insurance cover of ₹10 lakhs have been discontinued.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source

Eligibility

You can share the card with your family by applying for an Add-on card for your spouse, parents, siblings and children over 18 years of age.

Verified · Terms & Conditions – IRCTC SBI Card Premier (card-specific, includes Reward Points programme terms) · 2026-08-04 · source