SBI Card offers two co-branded travel credit cards with Singapore Airlines. KrisFlyer SBI Card Apex is the premium variant from this collaboration and is priced at an annual fee of Rs. 10,000. The card offers up to 10 KrisFlyer Miles and competes strongly with other premium cards that offer miles conversion on Singapore Airlines with excellent redemption rates such as the HDFC Infinia (1:1), HDFC Diners Club Black (1:1), and Axis Olympus (1:4). However, in comparison to these all-rounder premium cards, KrisFlyer SBI Card Apex falls short in terms of lounge access and lifestyle benefits.
Key points to note about KrisFlyer SBI Card Apex:
- 10 KrisFlyer Miles per Rs. 200 spent on Singapore Airlines Group
- Accelerated rewards on international spends but no concessional forex mark-up fee
- 10,000 KrisFlyer Miles each on joining and achieving spending milestone of Rs. 5 Lakh
- Membership upgrade to KrisFlyer Elite Gold on reaching milestone of Rs. 7.5 Lakh
- 8 domestic and 8 international airport lounge visits in a year
While the Apex variant offers solid air miles benefits, especially for Singapore Airlines flyers, its lack of significant lifestyle perks and reduced lounge access may discourage consumers seeking an all-round premium card experience.
To read about the base variant- KrisFlyer SBI Card, click here.
KrisFlyer SBI Card Apex Overall Rating: ★★★
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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.
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 Apex- Features and Benefits
Welcome Benefit- On card activation, users get 10,000 KrisFlyer miles, subject to payment of annual fees and first transaction completion within 60 days.
Rewards Program- The rewards earned on the card can be redeemed against flights, upgrades, and shopping on KrisShop.com. Users earn rewards as follows:
- 10 KrisFlyer miles per Rs. 200 spent on Singapore Airlines Group
- 8 KrisFlyer miles per Rs. 200 on international spends
- 6 KrisFlyer miles per Rs. 200 on other eligible spends
Exclusions: Property rental, fuel, wallet upload, cash withdrawals, balance transfers, Flexipay, encash, cashback transactions, utility bills and Govt transactions.
Note: KrisFlyer Miles are valid for 2 years from the date of credit.
Milestone Benefits- Some spend-based benefits on the card are as follows:
- Additional 10,000 KrisFlyer miles on annual spends of Rs. 5 Lakh
- Tier upgrade to KrisFlyer Elite Gold membership on spends of Rs. 7.5 Lakh on Singapore Airlines
- 3,000 additional bonus KrisFlyer miles on cumulative spend on Rs. 10 Lakh
Lounge Access- Cardholders get the following benefits:
- 2 complimentary domestic airport lounge visits every quarter (8 per year)
- 2 complimentary international airport lounge visits per quarter (8 per year)
- Complimentary Priority Pass membership for 2 years only
Insurance Coverage- Following insurance coverage are offered:
- Air Accident cover of Rs. 3.5 Cr
- Baggage loss/ delay cover of Rs. 1 Lakh
- Fraud loss cover of Rs. 10 Lakh
Fuel Surcharge Waiver– 1% fuel surcharge across all petrol pumps in India, on transactions worth up to Rs. 3,000.
How much can you save with KrisFlyer SBI Card Apex?
With KrisFlyer SBI Card Apex, you can earn KrisFlyer Miles on your spends along with bonus miles on reaching spending milestones.
Earning KrisFlyer Miles
Let us take an example to understand how many KrisFlyer Miles you can earn:
| Spending Category | Amount (in Rs.) | Number of KrisFlyer Miles |
| Singapore Airlines Group | 3,00,000 | 15,000 |
| International Spends | 1,00,000 | 4,000 |
| Other Eligible Spends | 1,00,000 | 3,000 |
| Total Spends | Rs. 5,00,000 | 22,000 KrisFlyer Miles |
| Milestone Benefits |
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| Bonus miles on spending Rs. 5 Lakh | 10,000 | |
| Total Miles Earned | 10,000+22,000= 32,000 | |
Redeeming KrisFlyer Miles
Accumulated KrisFlyer Miles can be utilized to get award flights or class upgrades. For a Delhi to Singapore one-way ticket, here is how many KrisFlyer Miles you will have to redeem for different cabin classes:
- Economy- 20,000 Miles
- Premium Economy- 34,500 Miles
- Business- 43,000 Miles
- Suite/First- 58,500 Miles
