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SBI IRCTC Premier Credit Card: Fees, Rewards & Benefits

Travel card with lounge access

Vyaya Team · Jun 2026
5 min read
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Value Score
9.0 / 10
Annual Fee
₹1,499
Best For
Frequent train traveller, Mid-spend rail user
Network
Visa
Expert Verdict

The SBI IRCTC Premier is a rail-focused card delivering real value to frequent train travellers via 10 points per Rs. 100 (Re. 1 each) on IRCTC bookings, charge waivers, railway lounges and achievable milestones, with the Rs. 1,499 fee reversed at Rs. 2 lakh spend. Outside rail, the 0.8% base rate and 3.5% forex markup keep it a niche pick.

STATE BANK OF INDIAVisa
SBI IRCTC Premier
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REWARD SUMMARY
0.8% Base Rewards
Travel card with lounge access
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The Bottom Line

The SBI IRCTC Premier is built for frequent train traveller and mid-spend rail user. With a ₹1,499 annual fee that is waived on ₹2,00,000 yearly spend, it offers 10% rewards on irctc (travel) and 1,500 bonus points. It makes the most sense if your spending matches frequent train traveller and mid-spend rail user.

It earns a base reward rate of 0.8% and stacks best when your spending lines up with Frequent train traveller, Mid-spend rail user. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.

What we like
+Strong rail value: 10 Reward Points per Rs. 100 on IRCTC bookings, with points worth a full Re. 1.00 each.
+IRCTC transaction-charge waivers of 1% on train tickets and 1.8% on airline tickets booked via IRCTC.
+Achievable milestones: 2,500 bonus points at Rs. 50,000 and 5,000 at Rs. 1 lakh annual spend (up to ~Rs. 7,500 value), with the Rs. 1,499 fee reversed at Rs. 2 lakh spend.
+8 complimentary railway lounge visits a year (2 per quarter) and free add-on cards.
What we don't
Weak base rate of 1 point per Rs. 125 (about 0.8% back) on general spends.
Accelerated dining and utility earning is only 3 points per Rs. 125 (about 2.4% back).
No international lounge access and a high 3.5% forex markup.
Fuel and cash advances earn no base points, and the fuel surcharge waiver is capped at Rs. 250 per cycle.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Frequent train traveller

Someone who regularly books rail tickets on IRCTC and benefits from 10 points per Rs. 100 (worth Re. 1 each), the 1% IRCTC charge waiver and railway lounge access.

+
Mid-spend rail user

A cardholder spending Rs. 1-2 lakh a year who captures the 2,500/5,000-point milestones and the fee reversal at Rs. 2 lakh.

Probably not for

Skip
General-purpose spender

Anyone using the card mainly for non-rail spend earns only about 0.8% base, below dedicated rewards cards.

Overseas traveller

With no international lounge access and a 3.5% forex markup, it is poorly suited to foreign travel.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹1,500
Annual fee-₹1,499
Net Value (Year 1)+1
Net Value (Year 2+)-1,499
Progress to fee waiver0%

Spend ₹2,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

SBI IRCTC Premier offers 0.8% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

IRCTC (Travel)
10%
Dining
2.4%
Utility
2.4%

Welcome Offer

1,500 Reward Points

1,500 Reward Points (worth Rs. 1,500) on payment of the first annual / joining fee, effectively offsetting the Rs. 1,499 fee.

Value: ₹1,500

Milestone Benefits

Spend ₹50,000

2,500 bonus Reward Points on achieving Rs. 50,000 total spends in the anniversary year.

Spend ₹1,00,000

5,000 bonus Reward Points on achieving Rs. 1,00,000 total spends in the anniversary year (milestone benefits worth up to Rs. 7,500 in total).

Spend ₹2,00,000

Renewal fee of Rs. 1,499 reversed on annual spends of Rs. 2,00,000.

Fees & Charges

Joining fee₹1,499
Annual fee₹1,499
Fee waiverSpend > ₹2,00,000

Eligibility

  • Min Income: ₹4 Lakhs
  • Min Credit Score: 750
  • Salaried min Rs 3L p.a., self-employed min Rs 4L p.a.; 750+ CIBIL; RuPay card; 1 RP = Rs 1 on IRCTC ticket bookings.

Exclusions & Terms

Forex markup

  • Foreign currency markup

Cash Advances

  • Does not earn reward points.

Frequently Asked Questions

3 data-backed answers from our card database

What is the annual fee of the SBI IRCTC Premier?+

The SBI IRCTC Premier has an annual fee of ₹1,499, waived on annual spends of ₹200,000.

What rewards does the SBI IRCTC Premier offer?+

It earns Reward Points, with accelerated earning on Travel, Dining, Utilities.

Does the SBI IRCTC Premier offer airport lounge access?+

Yes, it includes complimentary airport lounge access. See the benefits section for visit limits.

Ready to apply?

₹1,499 annual fee. Apply on the State Bank of India website.

Apply on State Bank of India

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