SBI Air India Signature Credit Card Review

By | May 18, 2016
SBI Air India Signature Credit Card

Air India SBI Signature Credit Card Review

I’ve been using SBI signature credit card for quite some time and i’ve also earned Rs.18,000 as cashback using the milestone reward points accumulated on the card. I’m done with cashback redemption and stuff and its time to play with Points and Miles and so SBI Air India Signature credit card came into the picture. I’ve been stalking on the card for a while until it recently got devalued.

Even-though the existing benefits are lesser than what it had before, i’m sure even the current benefits are good enough for a high spender and no matter what even this will get devalued very soon.

SBI Air India Signature Credit Card Miles Earn Rate:

  •  4 Reward points for every ₹ 100 spent on Air India SBI Signature Card
  • 20 Reward points for every ₹ 100 spent on Air India tickets

Bonus Milestone Rewards:

  • 20,000 Reward Points on spending 5 Lakhs in a Year
  • 30,000 Reward Points on spending 10 Lakhs in a Year
  • 50,000 Reward Points on spending 20 Lakhs in a Year

Welcome/Renewal Bonus:

  • Welcome Bonus: 20,000 Reward Points
  • Renewal Bonus: 5,000 Reward Points

If you spend  20 Lakhs on this card, this is what you get:
= 20,000+30,000+50,000+80,000(Regular earn rate)+20,000(Welcome Bonus)
= 2,00,000 Reward points (WOW!!)

Simply put, you get 2L Air India Miles on 20L Spend. That’s 10% value back if you’re expert in redeeming the miles at value of Rs.1/mile or more.

You can possibly do it by redeeming it on International First class award tickets or by redeeming during the offer period where you can redeem miles like 40% lesser than usual requirement. You can expect such offers at-least twice a year.

Redemption Possibilities:

2L AirIndia Miles is good enough to redeem for 1 First Class ticket (or) 2 Economy Class tickets between India & USA.

Membership Upgrades on Air India SBI Signature Card:

  • Silver Edge Club on crossing an annual spend of Rs. 5 lacs including a minimum spend of Rs. 2.5 lacs on Air India tickets
  • Golden Edge Club on crossing an annual spend of Rs. 10 lacs including a minimum spend of Rs. 5 lacs on Air India tickets.

Nope, no one gonna spend that much amount on AirIndia tickets and so this benefit goes useless for vast majority of the card holders.

Features of SBI Air India Signature Credit Card:

  • CardExpert Rating: 9/10
  • Reward rate: ~10% as AirIndia Miles
  • Complementary Airport lounge access: Yes, through Visa Signature Lounge Access program. Also you get complimentary membership for Priority Pass, but no free access allowed via Priority Pass card.
  • Fuel Surcharge Waiver: Enjoy 0% surcharge (Minimum transaction of INR 500. Maximum waiver of INR 250 per statement cycle)
  • Foreign Exchange Markup fee: 3.5% + Service Tax
  • Special Features: Milestone Bonus
  • Personal Concierge Service: Global Concierge Assistance for all your travel & other needs. Its kind of virtual assistant service over phone.

SBI Air India Signature credit card is one of the best travel credit card in India at the moment. If you happen to spend a lot on your credit card, this must be in your wallet. There are no other cards in India giving this kind of reward points except the HDFC Diners cards that gives upto whooping 33% value back on selected partners for a limited time.

That being said, i’m trying to grab the card in coming days as it will help me in international travels. While Airmiles are good for International trips, for local travels i prefer American Express Platinum Travel Credit Card which gives good amount of Indigo vouchers and here’s my experience with Amex Plat Travel Card which you might find useful.

Impressed about the potential of Air India SBI Signature Credit Card? Feel free to share your views in comments below 🙂

3 thoughts on “SBI Air India Signature Credit Card Review

  1. Sreeram Ramamoorthy

    I wont be spending 20L on my credit card. My typical spend would be around 6L/annum. My interest is to use the points from my card to fund my travel cost. With this in mind, which card would you suggest? Is it better to go with SBI Air India Signature Credit Card or the AMEX platinum travel card?

    Reply
    1. Siddharth Post author

      Sreeram,
      Amex plat travel is a must if you travel in domestic sectors 🙂

      Reply
    2. Vinod Kannan

      Go for HDFC Diners card. Amex Travel card will get u Rs. 5000 indigo voucher as welcome gift +Rs. 7000 indigo voucher on reaching 1.9 lakh , Rs. 10000 indigo voucher on reaching 4 lakh + taj voucher worth Rs. 10000. But u r locked with indigo and Taj vouchers and u have to redeem them atleast 15 days prior to ur journey. If u want to redeem those points elsewhere, u ll earn only 25-30 praise per membership reward point and thereby d evaluating ur earnings to less than 2%. With Diners card, u ll get atleast 20% value back for sure when u spend with Flipkart.com, snapdeal, goibibo, yatra, clear trip, BookMyShow and pothys over and above the existing discounts.

      Reply

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