SBI TATA Platinum Credit card offers welcome vouchers worth Rs.3000 on selected brands. Get 2% value back on every Croma purchase.
Written by Roopya
July 22, 2021
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State Bank of India and Tata Capital Limited have collaborated to introduce the Platinum credit card to offer endless benefits to users. With multiple value-added benefits, exclusive platinum privileges, and premium class services to customers, this credit card has become one of the most sought-after financial instruments for every individual in the country today. Whether you choose an SBI Tata Platinum or SBI Tata Star Platinum card, both of them have a similar set of features and benefits for cardholders.
About the Credit Card
To own the card, individuals require paying Rs. 2,999 + GST as an annual fee, which will be a one-time payment to be made. Once you apply for the card and make the payment, it will reach your doorsteps for further use.
From receiving reward points for every spend to having the chance to enjoy a luxurious airport lounge stay and special treatment, this card offers every possible opportunity to you.
To make sure, there is no end to using this card, however, you will have to pay the renewal fee of Rs. 2,999 + GST every year.
Scroll down and search for SBI Tata Platinum credit card or SBI Tata Platinum credit card
Click on Apply Now for the same
Fill in the application form E-Apply tab, asking for your personal, professional, and other details.
Upload the required documents to continue
Once you apply with all the documents attached, you will receive an application ID using which you can track your application status.
How to Redeem Reward Points?
As stated above, you receive several reward points and vouchers for your loyalty to the bank and its products. If you are looking forward to redeeming the same, here are the steps that you need to follow:
Log in to your SBI Net banking account
Click on Redeem Rewards option that will come across on the main page
Choose the category from the available options
The total loyalty points would be visible on the left pane
Enter your city for the delivery of rewards
Choose the quantity for the reward
Click Add to Cart
Click on Place Order
Fee & Charges
Joining Fee – Nil
Annual Fee – Rs. 2,999 + GST (one-time)
Renewal Fee – Rs. 2,999 + GST (per annum to be paid from the second year)
Add-on fee – Nil (per annum)
Cash advance fee – 2.5% of the amount withdrawn or Rs. 500 for domestic & overseas ATMs
Finance charges – 3.50% per month or 42 % per annum
Cash payment fee – Rs. 100
Payment dishonor fee – 2% of the amount payable or a minimum of Rs. 450
Late payment fee
Upto Rs. 500 – Nil
Rs. 501 to Rs. 1, 000 – Rs. 400
Rs. 1,001 to Rs. 10,000 – Rs. 750
Rs. 10,001 to Rs 25,000 – Rs. 950
Rs. 25,001 to Rs. 50,000 – Rs. 1,100
Above 50,000 – Rs. 1,300
Statement Request Fee – Rs. 100 per statement, which is 2 months old or more
Card Replacement Fee – Rs. 100 (India) & the actual cost of card or a minimum of $175 (abroad)
Cheque payment charge – Rs. 100 (Payments made via cheque upto Rs. 10,000)
Over-limit charges – 2.5% of the over-limit amount or a minimum of Rs. 600 + applicable taxes
Reward Redemption Fee – Rs. 99
Foreign Currency Transaction Fee – Conversion mark up – 3.5%
Cash upgrade fees – Rs. 500
Charge slip retrieval – Rs.225 per charge slip
Cash advance limit – Up to 80% of credit limit or a maximum of Rs. 15,000 per day
SBI Contact Points
Mail Address: SBI Cards and Payment Services Limited
Unit 401 & 402, 04th Floor, Aggarwal Millennium Tower,
E-1,2,3 Netaji Subhash Place,
Wazirpur, New Delhi 110034
Send an SMS to 5676791 from your registered mobile number.
What are the benefits of the SBI Platinum Credit Card?
The benefits associated with the card include:
You will receive an e-gift voucher of Rs. 3,000 from popular brands like:
Yatra – You can redeem the code online right at the time of purchase
Hush Puppies/Bata/ and Westside: Show the code at the respective brand store to get the e-gift voucher redeemed.
Aditya Birla: This retail voucher can be redeemed at brand stores, which include:
Simon Carter, and
You will be eligible for an anniversary gift as well on reaching the expenditure limit of Rs. 2 lakhs in the previous year.
The voucher codes are sent to the user’s registered mobile number within 15 days of making the joining fee payment of Rs. 2,999.
Be ready to receive a value back of 2% at Croma both for online and offline shopping.
5% value back on purchases made from tata outlets
Receive 3X points on departmental and grocery stores purchases along with the spending made for dining and other overseas requirements
Get 1 point for every Rs. 100 spent on other retail outlets
1 Empower point = Re. 1
Receive separate reward points on purchases made worth Rs. 4 lakh and Rs. 5 lakh each
Get special access to premium MasterCard lounges in the nation
You will be allowed 8 complimentary visits to domestic lounges in India with a maximum of 2 visits in three months.
Using this card for transactions between Rs. 500 to Rs. 4,000 at any nationwide petrol pump will make you eligible for a 1% fuel surcharge waiver. The maximum waiver users can expect to get per statement cycle is worth Rs. 250 per credit card account.
Users can transfer their outstanding balance of other cards and transfer the same to this SBI Tata Platinum card. At lower interest rates, you can pay all the dues more conveniently.
What is an SBI Visa Platinum card?
SBI Platinum Card is available in both Visa and MasterCard forms and comes with numerous features and benefits for users. From offering value back on every spend of Rs. 100 to a chance of enjoying a special treatment at Indian and overseas airport lounges, users get an opportunity to enjoy all kinds of advantages.
What is the Tata Platinum card?
The Tata Platinum card is a co-venture of Tata and SBI. The features of the card can be enjoyed once you pay a one-time fee of Rs. 2,999, excluding tax. Later on, you can pay the same amount for renewing the card for use year after year.
Is Tata and SBI card same?
Tata and SBI have collaborated to offer the SBI Tata Platinum credit card and SBI Tata Star Platinum credit card. Being globally accepted, these cards serve to be of great help to users who do not carry cash all the time but are ready to spend whenever something feels worth it.