SBI Card PRIME: The Best Utilities Credit Card

SBI Card PRIME: The Best Utilities Credit Card

The Best Credit Card for Utility Bill Payments

Good for

  • Utility spending
  • Families
  • Movie goers
  • Frequent diners
  • Frequent travellers
  • Consumers who prefer Trident Hotels
  • Vistara Airline loyalists

Bad for

  • Consumers looking for a card to use on all of their spending
  • High fuel spenders
  • Individuals avoiding high fees

Editor's Rating

4.0/5.0

SBI Card Prime is the option for consumers looking for the card to pay their utility bills. For instance, the card earns a rewards rate of 5% (20 points per Rs. 100 spent; 4 points = Rs. 1) on utility bill payments, the highest rewards for utility bill payments in India. Additionally, cardholders receive a 3.75% rewards rate (15 points per Rs. 100 spent) on online purchases of groceries through Big Basket. Further, the card earns a solid rewards rate of 2.50% (10 points per Rs. 100 spent) on general dining, groceries, department stores and movie spends. Not to mention its 10% discount on Trident Hotel bookings and 2.25% rewards rate (9 points per Rs. 100) on Vistara Airlines flights. However, on all general spending, the card earns a lower rewards rate of 0.50% (2 points per Rs. 100). This card is best suited for consumers that are seeking a card to pay off their utility bills but are also interested in a card to use on a number of categories, such as groceries and dining.

ProsCons
  • 5% rewards rate utility bill payments (capped at 3,000 reward points)
  • 3.75% rewards rate on on purchases on Big Basket
  • 2.50% rewards rate on general dining, groceries, department stores and movie spends
  • 2.25% rewards rate on Vistara Airline bookings
  • 10% discount on hotel bookings on Trident hotel website
  • 4 international airport lounge visits (maximum 2 per quarter)
  • 8 domestic airport lounge visits (maximum 2 per quarter)
  • 5% rewards rate on cardholders birthday for all spending
  • General spending rewards rate: 0.50%
Promotions:
  • Sign-Up Bonus of e-voucher ₹ 3,000 on either Bata/Hush Puppies, Shoppers Stop, or Yatra and ₹ 500 Pizza Hut voucher
  • Anniversary Bonus: E-voucher worth ₹ 7,000 from on achieving annual spends of ₹ 500,000
Card Overview
Pros:
  • 5% rewards rate utility bill payments (capped at 3,000 reward points)
  • 3.75% rewards rate on on purchases on Big Basket
  • 2.50% rewards rate on general dining, groceries, department stores and movie spends
  • 2.25% rewards rate on Vistara Airline bookings
  • 10% discount on hotel bookings on Trident hotel website
  • 4 international airport lounge visits (maximum 2 per quarter)
  • 8 domestic airport lounge visits (maximum 2 per quarter)
  • 5% rewards rate on cardholders birthday for all spending
Cons:
  • General spending rewards rate: 0.50%
Promotions:
  • Sign-Up Bonus of e-voucher ₹ 3,000 on either Bata/Hush Puppies, Shoppers Stop, or Yatra and ₹ 500 Pizza Hut voucher
  • Anniversary Bonus: E-voucher worth ₹ 7,000 from on achieving annual spends of ₹ 500,000

What Makes SBI Card PRIME Card Stand Out?

SBI Card PRIME is the best utility bill credit card on the market. On utility bills, the card earns a 5% rewards rate (20 points per Rs. 100 spent; 1 points = Rs. 0.25), the highest in the market. Additionally, the card earns a 3.75% rewards rate (15 points per Rs. 100 spent) at Big Basket. The card also earns competitive rewards on general dining, groceries, department stores and movie spends at 2.50% (10 points per Rs. 100 spent). In terms of travel, the card provides a 10% discount on participating Trident Hotel bookings and a Vistara Airlines booking rewards rate of 2.25% (9 points per Rs. 100). The participating Trident locations are shown in the table below. A downside of this card; however, is that the cardholder will earn a below average 0.50% (2 points per Rs. 100) rewards rate on general spending. Therefore, this card is most attractive to those who individuals seeking a card for utility bill payments. As a final note, the card earns a 5% rewards rate (20 points per Rs. 100) on all spending categories on the cardholder's birthday.

SBI Card Prime Promotions

Promotions:
  • Sign-Up Bonus of e-voucher ₹ 3,000 on either Bata/Hush Puppies, Shoppers Stop, or Yatra and ₹ 500 Pizza Hut voucher
  • Anniversary Bonus: E-voucher worth ₹ 7,000 from on achieving annual spends of ₹ 500,000

In terms of the promotions offered by the card, the cardholder will receive a great sign-up bonus in vouchers for multiple different brands. The card also provides lounge access as well—4 international and 8 domestic airport lounge visits per year. This card is best suited for individuals that are primarily interested in acquiring a utilities card with strong rewards in other categories and solid perks.

Hotel Location
Trident, Agra
Trident, Bhubaneswar
Trident, Chennai
Trident, Cochin
Trident, Gurgaon
Trident, Jaipur
Trident, Nariman Point, Mumbai
Trident, Udaipur
Trident, Bandra Kurla, Mumbai
Trident, Hyderabad
Hotel Location
Trident, Agra
Trident, Bhubaneswar
Trident, Chennai
Trident, Cochin
Trident, Gurgaon
Trident, Jaipur
Trident, Nariman Point, Mumbai
Trident, Udaipur
Trident, Bandra Kurla, Mumbai
Trident, Hyderabad

How Does the SBI Card PRIME Rewards Programme Work?

The SBI Card PRIME rewards programme offers cardholders points on their spending. The card earns a best-in-market 20 points per Rs. 100 spent on utility bill payments (capped at 3,000 reward points), 15 points per Rs. 100 spent on Big Basket, 10 points per Rs. 100 spent on dining, groceries, department stores and movie spends, 9 points per Rs. 100 on Vistara Airlines bookings and 2 points per Rs. 100 on general spending. Notably, the primary cardholder will earn 20 points per Rs. 100 on all spends during their birthday. All of these have the same point redemption of 1 point = Rs. 0.25. There is no maximum number of points the cardholder can accumulate and all points expire 2 years after accrual.

  • 20 points per Rs. 100 spent on utility bill payments (capped at 3,000 reward points)
  • 15 points per Rs. 100 spent on Big Basket
  • 10 points per Rs. 100 spent on dining, groceries, department stores and movie spends
  • 9 points per Rs. 100 on Vistara Airlines bookings
  • 2 points per Rs. 100 on general spending
  • Reward redemption rate of 1 point = Rs. 0.25
  • No maximum rewards points
  • Points expire after 2 years of accrual

SBI Card PRIME's Features and Benefits:

Card Overview
  • Annual Fee: Rs. 2,999
  • Income Requirement: None listed by issuer
  • Age Requirement: None listed by issuer
Rewards Rate Details
  • 5% rewards rate utility bill payments (capped at 3,000 reward points)
  • 3.75% rewards rate on on purchases on Big Basket
  • 2.50% rewards rate on general dining, groceries, department stores and movie spends
  • 2.25% rewards rate on Vistara Airline bookings
  • 5% rewards rate on cardholders birthday for all spending
Benefits & Perks
  • 10% discount on hotel bookings on Trident hotel website
  • 4 international airport lounge visits (maximum 2 per quarter)
  • 8 domestic airport lounge visits (maximum 2 per quarter)
Promotions:
  • Sign-Up Bonus of e-voucher ₹ 3,000 on either Bata/Hush Puppies, Shoppers Stop, or Yatra and ₹ 500 Pizza Hut voucher
  • Anniversary Bonus: E-voucher worth ₹ 7,000 from on achieving annual spends of ₹ 500,000

How Does the SBI Card PRIME Compare Against Other Cards?

Graph showing India’s Best SBI Cards for Consumers Spending approximately Rs. 47,000 per month

SBI Card PRIME Card vs. SBI SimplySAVE Card

Consider this if you are looking for a rewards card for dining, groceries, movies and retail

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

The SBI SimplySAVE Card is a good card for consumers that tend to spend on dining, groceries, movies and retail. For instance, the card earns a 2.50% rewards rate (10 points per Rs. 100, 1 point = Rs. 0.25) on dining, groceries, movies and retail, making it a somewhat competitive and versatile card. This rate is the same for the PRIME Cards rewards rate on general dining, groceries, retail and movie spends—making them very similar for these categories. However, the PRIME Card also earns 3.75% on Big Basket. Further, the card offers a best-in-market 5% rewards rate on utility bill payments. Both cards have a low general spending rate with the PRIME card (0.50%) slightly beating the SimplySAVE Card (0.25%). In terms of annual fees, the PRIME Card charges much more (Rs. 2,999) than the SimplySAVE Card (Rs. 499). Therefore, we recommend the SimplySAVE for consumers seeking a relatively low-fee card for dining, groceries, movies and retail purchases, but the PRIME Card for those seeking the best utility card.

SBI Card PRIME Card vs. SBI Card ELITE

Consider this if you are interested in booking Trident Hotels and Vistara Airlines

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

The SBI Card ELITE is not the best travel card; however, the card offers attractive travel perks. For instance, similar to the PRIME Card, the ELITE Card earns a 10% discount on bookings done on partnered Trident Hotels locations; however, it also earns a 2.50% on Trident Hotels bookings as well. This adds more value as the cardholder receives both a discount and an elevated rewards rate.

Additionally, both cards earn the same rate (2.50%) on Vistara Airline bookings. In terms of rewards rates, the PRIME Card earns a market best 5% on utility bill payments, 3.75% on Big Basket purchases and 2.50% on dining, groceries, retail and movie spends. Therefore, we would recommend the ELITE Card for those looking to acquire a card exclusively for Trident Hotel Bookings and the PRIME Card for those looking to spend on utility bill payments with some versatility and good perks.

SBI Card PRIME Card vs. HDFC Bank Regalia Card

Consider this if you are looking for a decent rewards card with great lounge access

Age Requirement 21-60 (65 if self-employed)
Annual Income Requirement Rs. 1,440,000 (Rs. 1,200,000 if self employed)

The HDFC Bank Regalia Card is a decent card for general spending with lounge benefits. For example, the card earns a rewards rate of 1.33% (4 points per Rs. 150 spent, 1 point = Rs. 0.5) on all spending categories. This rewards rate is higher than what the PRIME Card offers (0.50%); however, is lower than all of the elevated rates the PRIME Card earns—including for utility bill payments (5%), Big Basket purchases (3.75%) and dining, groceries, retail and movie spends (2.50%).

The Regalia Card also offers 6 international and 12 domestic airport lounge visits per year, which is much more than the 4 international and 8 domestic lounge visits per year by the PRIME Card. As a result, we would recommend the Regalia Card for general spending and airport lounge access; however, the PRIME Card for those seeking a utility bill paying option with great earnings and solid perks.

Sahmi Chowdhury

Sahmi is a Junior Research Analyst specialising in credit cards and insurance in India. He previously worked in the financial services sector at Brown Brothers Harriman and True Capital Management.