SBI Card, India’s largest pure-play credit card issuer, in partnership with Singapore Airlines Limited (SIA), the national carrier of Singapore, has launched the KrisFlyer SBI Card.
This one-of-its-kind travel centric co-branded credit card has been meticulously designed to cater to super-premium cardholders, offering exclusive privileges in the air and on ground with the SIA Group that comprises of Singapore Airlines, Scoot airline, KrisShop.com, Kris+ lifestyle app and Pelago, SBI Cards and Payment Services Ltd said in a release.
The newly launched credit card is available in two variants, ‘KrisFlyer SBI Card’ and ‘KrisFlyer SBI Card Apex’.
Key highlights of KrisFlyer SBI Card and KrisFlyer SBI Card Apex:
KrisFlyer SBI Card
Welcome Benefit:
Enjoy welcome benefit of 3,000 KrisFlyer miles on first transaction within 60 days
Spend Based Rewards:
-Accelerated rewards on spends on SIA Group- 5 KrisFlyer miles for every INR 200 spent
-Accelerated rewards on international spends- 5 KrisFlyer miles for every INR 200 spent
-Rewards on other eligible spends- 2 KrisFlyer miles for every INR 200 spent
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Annual spend milestones:
Milestone 1: Bonus KrisFlyer miles of 3,000 on annual spends of INR 300,000
Milestone 2: Tier status upgrade to KrisFlyer Elite Silver Tier membership on spending INR 250,000 on Singapore Airlines
Lounge Benefits:
-4 complimentary domestic airport lounge visits in a year (Maximum of 1 visit per quarter)
-4 complimentary international airport lounge visits in a year (Maximum of 1 visit per quarter)
Fuel Surcharge Waiver:
- 1% fuel surcharge waiver (Valid for transactions at fuel stations of amount up to Rs 3,000)
Travel Insurance:
- Air Accidental Death coverage of INR 1 Crore
- Baggage loss/delay coverage of INR 1 Lakh
- Fraud loss protection coverage of INR 1 Lakh
KrisFlyer SBI Card Apex
Welcome Benefit:
Enjoy welcome benefit of 10,000 KrisFlyer miles on first transaction within 60 days
Spend Based Rewards:
Accelerated rewards on spends on SIA Group- 10 KrisFlyer miles for every INR 200 spent
Accelerated rewards on international spends- 8 KrisFlyer miles for every INR 200 spent
Rewards on other eligible spends- 6 KrisFlyer miles for every INR 200 spent
Annual spend milestones:
Milestone 1: Bonus KrisFlyer miles of 10,000 on annual spends of INR 500,000
Milestone 2: Tier status upgrade to KrisFlyer Elite Gold Tier membership on spending INR 750,000 on Singapore Airlines
Milestone 3: Additional bonus KrisFlyer miles of 3,000 on annual spends of INR 1,000,000
Lounge Benefits:
8 complimentary domestic airport lounge visits in a year (Maximum of 2 visits per quarter)
8 complimentary international airport lounge visits in a year (Maximum of 2 visits per quarter)
Fuel Surcharge Waiver:
1% fuel surcharge waiver (Valid for transactions at fuel stations of amount up to Rs 3,000)
Travel Insurance:
Air Accidental Death coverage of INR 3.5 Crore
Baggage loss/delay coverage of INR 1 Lakh
Fraud loss protection coverage of INR 10 Lakh
Abhijit Chakravorty, MD & CEO, SBI Card said, “International travel has emerged to be a key spending category with rise in income, rapid advancement of technology and digitalization. We are delighted to partner with Singapore Airlines to present top-notch and luxurious experience to the super-premium cardholder segment, with an array of exclusive benefits, setting new benchmarks in the industry. “
Bryan Koh, Divisional Vice President Loyalty Marketing, Singapore Airlines shared, “KrisFlyer has evolved from an airline loyalty programme to a travel and lifestyle-centric rewards programme that unlocks an entire universe of special benefits for our customers.”
With international travel growing so rapidly, this exclusive co-branded credit card with a partner as trusted as SBI Card, gives our members in India a new avenue to earn miles and privileges, not just when they fly with us, he added.