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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Key changes for SBI credit cardholders: Will Vistara milestone rewards and other benefits continue after April 1
SBI Card, Axis Bank, IDFC First Bank have revised the benefits.
SBI Card credit card changes
Starting April 1, 2025, SBI Card will implement significant changes to the benefits associated with its Club Vistara SBI Credit Cards and Club Vistara SBI PRIME Credit Cards. One of the key modifications is the removal of economy and premium economy ticket vouchers as renewal benefits. Additionally, milestone benefits that previously offered ticket vouchers on reaching spending thresholds of Rs 1.25 lakh, Rs 2.5 lakh, and Rs 5 lakh will be discontinued.
Also read: Big changes for these SBI credit cardholders: Major reward point cuts announced
However, to ensure such customers continue to enjoy value from their cards, the renewal fee of Rs 2,999 will be waived off during card renewal.
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For existing cardholders before April 1, 2025:
Cardholders whose renewal date falls before April 1, 2025, will continue to receive the existing renewal and milestone benefits if they meet the eligibility criteria. This means:
- They can still avail milestone benefits, including ticket vouchers, as per the existing terms.
- The renewal fee of Rs 2,999 will still be applicable in these cases.
- Unchanged Benefits for Club Vistara SBI PRIME credit cardholders
Despite the upcoming changes, several key benefits of the Club Vistara SBI PRIME credit card will remain intact, including:
Maharaja Points Accrual
Earn 4 Maharaja Points (previously known as CV Points) per Rs 200 spent on the card.
These points will be transferred on the billing
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