SBI Card MILES PRIME
SBI Card MILES PRIME is the ₹2,999 mid-premium sibling in SBI's Miles family, earning 4 Travel Credits per ₹200 on travel (~2%) and 2 per ₹200 (~1%) on other spends, with credits transferable to airline and hotel partners at up to ₹1 each. It carries a 2.50% forex markup, 8 domestic lounge visits a year and a complimentary Priority Pass with 4 international visits (free for the first two years). A 3,000-credit welcome (on ₹60,000 in 60 days) and a 10,000-credit milestone at ₹8 lakh reward steady spenders, and the annual fee is reversed at ₹10 lakh of spend. As across the family, value lives in transferring credits — catalogue redemption falls to ₹0.25 each.
Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹1,500 in vouchers, points or cashback on card activation
️ 1% on Travel
4 Travel Credits per ₹200 on travel spends (~1.0% at our 50-paisa default; ~2% only if you transfer at a good 1:1 ratio). Convert to Air Miles/Hotel Points at up to 1:1, travel bookings at ₹0.50, catalogue at ₹0.25.
️ 0.5% on Other
2 Travel Credits per ₹200 on all other spends (~0.50% at our 50-paisa default; ~1% only if you transfer at a good 1:1 ratio). Transfer to airline & hotel partners at up to 1 Travel Credit = ₹1.
️ Airport Lounge Access
2 complimentary visits per quarter at domestic and international airport lounges
Annual Fee Waiver
Fee of ₹2,999 + 18% GST (₹3,539 all-in)/yr fully waived when you spend ₹10,00,000/year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹250/month
Milestone Bonus
~₹5,000 in bonus rewards on hitting annual spend milestones
️ Insurance Cover
Lost card liability up to ₹1 lakh, up to 6 flight cancellations/year (₹3,500 each), check-in baggage loss up to ₹72,000, delay ₹7,500, travel documents ₹12,500, baggage damage ₹5,000.
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Travel | airline miles | 1% | — |
| Other | airline miles | 0.5% | — |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹3,539 |
| Joining fee (incl. 18% GST) | ₹3,539 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 2.5% |
| Fuel surcharge waiver | 1%, cap ₹250 |
Perks & benefits
Estimated annual value beyond rewards — ~₹21,000/yr in total.
️ lounge access ~ ₹14,000 /yr
8 domestic airport lounge visits/year (max 2/quarter) plus Priority Pass with 4 international visits/year. 1 extra domestic visit per ₹1 lakh spend, capped at 12/year. Priority Pass free for first 2 years.
milestone bonus ~ ₹5,000 /yr
10,000 bonus Travel Credits on annual spends of ₹8 lakh. Annual fee reversed on spends of ₹10 lakh in a membership year.
fuel waiver ~ ₹2,000 /yr
1% fuel surcharge waiver on transactions of ₹500–₹3,000 at all petrol pumps, capped at ₹250 per statement cycle. Fuel spends still earn no Travel Credits
️ insurance
Lost card liability up to ₹1 lakh, up to 6 flight cancellations/year (₹3,500 each), check-in baggage loss up to ₹72,000, delay ₹7,500, travel documents ₹12,500, baggage damage ₹5,000.
Spend milestone
· ₹8,00,000 a year ₹5,000 of value
Should you get it?
Best for: Regular flyers with ₹8 lakh+ annual card spend, Travellers who transfer points to airline and hotel partners, Overseas spenders wanting a low 2.50% forex markup, Users who want Priority Pass without the Elite's ₹4,999 fee
Premium tier — a solid all-rounder for steady monthly spend.
Strongest value if you spend heavily on Travel ( 1% back).
Frequent travellers benefit from the included airport lounge access.
✓ Pros
- 4 Travel Credits per ₹200 on travel (~2%), transferable to airline and hotel partners at up to ₹1 each
- Low 2.50% foreign-currency markup — good for overseas spending
- Priority Pass with 4 international lounge visits plus 8 domestic visits a year
- Annual fee reversed at ₹10 lakh spend, with a 10,000-credit milestone at ₹8 lakh
✕ Cons
- ₹2,999 fee needs steady travel spend to earn out
- Full value depends on partner transfers; catalogue redemption drops to ₹0.25 per credit
- Only 1 credit per ₹200 on non-travel spends — not an everyday all-rounder
- Fuel, wallet loads, rent, education, utilities, insurance, cash advances and EMI earn nothing at all
- Travel Credits expire 24 months after they are earned
- Lower travel rate and fewer international visits than the Miles Elite
Eligibility & documents
Min. income
₹50,000 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / address proof
- Income proof (salary slips or ITR)
- Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
🎁 Convert Travel Credits to airline miles and hotel points at up to 1:1 (1 credit = ₹1)
🎁 Redeem Travel Credits for flight and hotel bookings at ₹0.50 per credit
🎁 Redeem in the Shop & Smile catalogue at ₹0.25 per credit
What your SBI Card Travel Credits are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Flights & hotels via SBI Card ₹0.50 per Travel Credit against travel bookings — the realistic default if you never transfer
Shop & Smile catalogue ₹0.25 per credit — the floor
Airline / hotel transfer BEST The reason to hold the card: 25 partners, and unlike most Indian banks the transfer genuinely doubles value rather than destroying it (₹1/credit at 1:1 against ₹0.50 in the portal). Ratios are identical across Miles, Miles Prime and Miles Elite — those three differ only in EARN rate, not conversion. Thirteen partners convert 1:1 (Air India, Aeroplan, Flying Blue, BA, Cathay, Qantas, Thai, Vietnam, SpiceJet, AirAsia, IHG, Wyndham, Radisson — Etihad Guest was retired from the table in August 2026); Emirates, Ethiopian, JAL, Saudia, Turkish, United, Accor and Club ITC are 2:1. Do not read the ratio as the value: Shangri-La at 6:1 is the BEST route on the card (~₹1.07/credit, because a Shangri-La point is worth ~₹6.40), while AirAsia at 1:1 is the worst (~₹0.20). Transfers are FINAL, and Travel Credits accumulate for a maximum of 24 months.
✈ Transfer partners ✈ Air India Maharaja Club ( 1:1 ) ✈ Air Canada Aeroplan ( 1:1 ) ✈ Air France-KLM Flying Blue ( 1:1 ) ✈ British Airways Executive Club (Avios) ( 1:1 ) ✈ Cathay Asia Miles ( 1:1 ) ✈ Qantas Frequent Flyer ( 1:1 ) ✈ Thai Airways Royal Orchid Plus ( 1:1 ) ✈ Vietnam Airlines Lotusmiles ( 1:1 ) ✈ SpiceJet SpiceClub ( 1:1 ) ✈ airasia rewards ( 1:1 ) ✈ Emirates Skywards ( 2:1 ) ✈ Ethiopian Airlines ShebaMiles ( 2:1 ) ✈ Japan Airlines JAL Mileage Bank ( 2:1 ) ✈ Saudia AlFursan ( 2:1 ) ✈ Turkish Airlines Miles&Smiles ( 2:1 ) ✈ United MileagePlus ( 2:1 ) 🏨 IHG One Rewards ( 1:1 ) 🏨 Wyndham Rewards ( 1:1 ) 🏨 Radisson Rewards ( 1:1 ) 🏨 Accor ALL ( 2:1 ) 🏨 Club ITC ( 2:1 ) 🏨 Shangri-La Circle ( 6:1 ) 🏨 Jumeirah One ( 2:1 ) Value your balance: SBI Card Travel Credits 🏨 Shangri-La Circle ( 6:1 ) ₹ 10,700 ✈ Air India Maharaja Club ( 1:1 ) ₹ 10,000 ✈ Air Canada Aeroplan ( 1:1 ) ₹ 10,000 ✈ Air France-KLM Flying Blue ( 1:1 ) ₹ 10,000 ✈ British Airways Executive Club (Avios) ( 1:1 ) ₹ 10,000 ✈ Cathay Asia Miles ( 1:1 ) ₹ 10,000 ✈ Qantas Frequent Flyer ( 1:1 ) ₹ 10,000 ✈ Thai Airways Royal Orchid Plus ( 1:1 ) ₹ 10,000 vs. typical redemption ₹ 5,000 Direct transfers from this card only, ranked by what a point is worth in the destination programme — plus 15 more partners . Full calculator, every currency → The concern The ₹2,999 fee needs steady travel spend to earn out, and full value depends on partner transfers — catalogue redemption drops to ₹0.25 per credit.
The bottom line
SBI Card MILES PRIME serves as a balanced mid-tier travel option, offering flexible transfer capability across 25 airline and hotel partners alongside domestic and international airport lounge privileges. For travellers seeking versatile airline points at a ₹2,999 fee, it delivers solid utility; however, cardholders seeking the lowest forex markup (1.99%) or higher earn rates should consider the Miles Elite, while non-transferring spenders will face steep redemption haircuts.
Sources & verification
Fees, reward rates, and benefits for the SBI Card MILES PRIME are taken from SBI Card 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 5 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for SBI Card . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2024 · 3 changes · last change Aug 2026
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2026 1 change — 1 cut
▼ Transfer Effective 13 Aug 2026
Etihad Guest removed as a transfer partner
Etihad Guest at 1:1; 18 airline partners + 8 hotel partners (26 total) → Etihad Guest removed; 17 airline partners + 8 hotel partners (25 total)
SBI retired Etihad Guest from the MILES-family transfer table with no customer notice we could find. Pinned on both sides: the Wayback capture of 4 Aug 2026 still lists it as airline row 8, "Etihad Airways / Etihad Guest / 1:1", among 18 airlines, while the live PDF read on 15 Aug 2026 contains the string "Etihad" zero times across all seven pages and lists 17. The change therefore lands between 4 and 13 August 2026, narrower than the 30 Jul–13 Aug window first recorded. Hotel partners are untouched at 8 and no other ratio moved. Applies identically to MILES, MILES PRIME and Miles Elite — SBI publishes one transfer table with no per-card qualifier; the three differ in earn rate only. WARNING FOR ANYONE RE-READING THE RAW DIFF: its excerpts appear to say Cathay Pacific was removed. That is an artefact of the renumbering (old rows 9-18 became 8-17) mis-pairing chunks — Cathay is still row 7 and still transfers at 1:1.
Verification: SBI Card ↗ · Confidence: High
2025 1 change — 1 cut
▼ Benefit Effective 15 Jul 2025
Air accident insurance withdrawn
₹50 lakh → None
SBI Card discontinued the complimentary ₹50 lakh air accident insurance cover on MILES PRIME (part of a portfolio-wide withdrawal across its premium cards), with no replacement benefit offered.
Verification: SBI Card ↗ · Confidence: High
2024 1 change — 1 neutral
◆ Launch Effective 23 Apr 2024
SBI Card MILES PRIME launched
SBI Card launched its first travel-centric family, MILES, in Mumbai; PRIME is the ₹2,999 mid-tier variant earning 4 Travel Credits per ₹200 on travel and 2 per ₹200 elsewhere, with a 3,000-credit welcome on ₹60,000 in 60 days and credits transferable to 20+ airline/hotel partners at up to 1:1.
Verification: CardAdvisor Research · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
Embed this timeline on your site Free to use. Facts only — dates, changes and before/after values. Please keep the credit line below the frame: it's the only part search engines can see, and it's what we ask for in return.
Source: SBI Card MILES PRIME value timeline — CardAdvisor
“ Cite this timeline Quoting a date or a before/after figure? Copy the HTML version — it credits the record with a working link.
HTML (with link) Plain text Copy
Source: SBI Card MILES PRIME value timeline , CardAdvisor (CC BY 4.0).
Terms & reward changes
Tracked updates to this card's fees, rewards and benefits — newest first.
➖ Benefit removed Effective 13 Aug 2026
Etihad Guest has been removed from the SBI Card MILES transfer-partner table. Travel Credits can no longer be converted to Etihad Guest miles (previously 1:1); airline partners drop from 18 to 17, 25 partners in all. Verified against SBI's rewards T&C of August 2026 - the earlier table still listed Etihad on 4 August, the current one does not. If you hold Travel Credits earmarked for Etihad, they remain redeemable via the other 24 partners or SBI's travel portal.
Want to know if this beats your current card for your spending?
Apply now → Compare with my profile
Applications are submitted to and decided by SBI Card . CardAdvisor does not issue cards or process applications.
Find your best card
Answer 5 questions. Get a personalised shortlist with ₹ value estimates.
Find my card →
Quick summary
Type Premium credit card
Reward rate 0.5%–1%
Best for Regular flyers with ₹8 lakh+ annual card spend
Joining fee ₹2,999
Annual fee ₹2,999
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 5 Aug 2026
How we research →
Useful links
Rewards calculator
Estimate any card’s annual value
Points valuations
What each point is really worth
Latest card changes
Live fee & reward-rate tracker
Market insights
The Indian card landscape
Card data study 2026
280 cards analysed — August 2026
Frequently asked questions
Check your eligibility for this card
Answer a few quick questions and our team will reach out with matching card offers based on your profile.