Singapore Airlines offers two new co-branded credit cards: the KrisFlyer SBI Card and the KrisFlyer SBI Card Apex. Prior to this partnership, the benefits on Singapore Airlines could be fetched only via airline-agnostic credit cards like Axis ATLAS and Axis Horizon or through premium cards like American Express Platinum, Axis Magnus, HDFC Infinia, etc.
Some of these cards already offer a good redemption value on air mile conversion to Singapore Airlines of as good as 1:4. But they usually come at a comparatively high annual fee. At this fee, it will now be interesting to see how KrisFlyer SBI Card fairs among these cards through its co-branded feature.
For details on the premium variant- KrisFlyer SBI Card Apex click here.
KrisFlyer SBI Card Overall Rating: ★★★ (3/5) |
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| Rewards Program | ★★★ |
| Milestone Benefits | ★★★ |
| Travel Benefits | ★★★ |
Note: This card is not available on Paisabazaar.com. The content on this page is for information only.
Some noteworthy points about KrisFlyer SBI Card:
1. The card offers accelerated rewards on Singapore Airlines Group of 5 points per Rs. 200. To understand if this is comparatively a good value, users will have to compare the reward earn rate and conversion ratio on other cards.
For instance via Axis ATLAS-
| You earn- 5 miles per Rs. 200 | Convert to- KrisFlyer Miles in the ratio of 1:2 | Get- 10 KrisFlyer Miles |
Thus, ATLAS offers a better return that the KrisFlyer SBI Card as for every Rs. 100 here you just earn 2.5 KrisFlyer miles. Check details here.
2. The milestone benefits on the card offer a decent value. On spending Rs. 3 Lakh a year and around Rs. 25,000 p.m., users can earn a substantial value via 3,000 miles- sufficient value to save on at least one-way economy class ticket.
3. The Priority Pass membership on the card is offered only for 2 years.
4. To avail this card, it is mandatory to have KrisFlyer membership.
5. Despite being a travel centric card, the card does not offer a low forex markup fee.
Video: Quick Review SBI KrisFlyer Credit Cards
Note: Details mentioned in the video have been sourced from the issuer’s website as of October 2024. For updated information, refer to this page.
KrisFlyer SBI Card: Features and Benefits
Welcome Benefit- Users get 3,000 KrisFlyer miles on card activation on payment of fees and first transaction done within 60 days of card issuance.
Rewards Program- For every Rs. 200, users earn:
- 5 KrisFlyer miles on Singapore Airlines Group
- 5 KrisFlyer miles on international spends
- 2 KrisFlyer miles on other eligible spends
- KrisFlyer Miles are valid for a period of 2 years from the date of credit
- Rewards earned on the card can be redeemed against flights, upgrades, and shopping on KrisShop.com.
Exclusions: Property rental, fuel, wallet upload, cash withdrawals, balance transfers, Flexipay, Encash, cashback transactions and spends on Utility Bills and Govt transactions.
Milestone Benefits
- On annual spends of Rs. 3 Lakh – additional 3,000 KrisFlyer miles
- On annual spends of Rs. 2.5 Lakh – Tier upgrade to KrisFlyer Elite Silver membership
Lounge Access
- 1 complimentary domestic airport lounge visits every quarter (4 every year)
- 1 complimentary international airport lounge visit per quarter (4 every year)
- Complimentary Priority Pass membership for 2 years
Travel Insurance
- Air Accident cover of Rs. 1 Cr
- Baggage loss/ delay cover of Rs. 1 Lakh
- Fraud loss cover of Rs. 1 Lakh
Fuel Surcharge Waiver- The card offers 1% fuel surcharge across all petrol pumps in India, subject to transactions up to Rs. 3,000, maximum Rs. 250 per statement cycle.
How much can you save with this card?
The card offers KrisFlyer Miles on eligible spends and bonus miles as milestone benefit. To understand this better, here is an example:
| Spends on: | Amount Spent | KrisFlyer Miles Earned |
| Singapore Airlines | 1,20,000 | 3,000 |
| International Spends | 80,000 | 2,000 |
| Other Spends | 1,00,000 | 1,000 |
| Total | 3,00,000 | 6,000 |
| Milestone Benefit | ||
| Additional Miles on Spending Rs. 3 Lakh | 3,000 | |
| Total Miles Earned | 6,000+ 3,000= Rs. 9,000 | |
Accumulated KrisFlyer Miles can be utilized against ticket bookings with Singapore Airlines to get award flights or class upgrades.
For instance, you need 20,000 Miles to book a one-way Delhi to Singapore ticket. As per the above example, you can use 9,000 Miles for ticket booking and pay the remaining balance via the card that can again fetch you KrisFlyer miles as rewards.
