SBI AURUM CREDIT CARD REVIEW
- Samarth Kolhe
- May 17
- 3 min read
SBI Aurum is an exceptionally premium credit card and stands as the top-tier credit card offered by the State Bank of India. This exclusive card is specifically designed for high-net-worth individuals (HNI clients), providing them with a wide array of luxurious privileges. Cardholders enjoy access to prestigious lounges, exclusive golf courses, rejuvenating spa treatments, and complimentary offers for Book My Show (BMS) events, ensuring a truly premium experience tailored to their lifestyle.
Joining Fee
Joining Fee | 10,000 + GST [18%] = 11,800 INR |
Welcome Benefit | 40,000 Points [1 point = 0.25 INR] |
Renewal Fee | 10,000 + GST [18%] |
Renewal Benefit | Nil |
Renewal Fee Wavier | Spend criteria of 12 Lakhs |
Membership
1 Year Club Marriott Membership
1 Year The Wall Street Journal and Mint
1 Year Complementary access to Angel Investment Network
Rewards
Regular Expense | 4 Points/100 INR |
Each Point Value | 0.25 INR |
Reward Rate | 1% |
Milestone Benefits
Spend 1 Lakhs a month - 1,500 INR TataCliq Voucher
Travel Benefits
International Lounge | Unlimited [Dream folks]+1 Guest/Quarter [Book through SBI Cards app - Dreamfolks] |
Domestic Lounge | 4/Quarter [Direct Swipe and access at lounge] |
Forex Charges | 1.99% |
Golf Lesson | 12/Calendar Year [Book through Thrive] |
Golf Play | 4/Calender Year |
Spa | 1/Quarter |
Book My Show
Movie Tickets | 4 Tickets [Worth 1000 Rupees] |
MilliDebt Rating
Joining Fee & Welcome Benefit | 9/10 |
Renewal Fee & Benefit | 6/10 |
Reward Ratio | 4/10 |
Lounge Benefits | 10/10 |
Golf Benefits | 8/10 |
Spa Benefits | 7/10 |
Movie Benefit | 10/10 |
Concierge Service | 9/10 |
Premium Feel | 10/10 |
Should I get the card? - 9/10
How To Apply?
SBI Aurum is an invite-based credit card, and I began the application process by filling out the form on their official website. Shortly after, I received a call from the Aurum Relationship Manager, who requested my card statement for verification. I provided them with the statement for my HDFC Regalia Gold credit card, which showed a total credit limit of 8 lakhs. Within two weeks, I was delighted to learn that my card had been approved, and in the third week, I received the physical card in the mail. Recently, I attempted to apply for this credit card on behalf of a family friend. However, the same Relationship Manager informed me that they have now stopped providing cards on a card-to-card basis. Instead, they now strictly require an income tax return (ITR) showing a minimum income of 40 lakhs to qualify for the card.
Moral Of SBI Aurum
The moral of the story is that individuals who do not possess any super premium credit cards, such as the HDFC Infinia, ICICI Emerald Private Metal, American Express Platinum, and others, can still benefit from obtaining this particular card. While some people argue that the lack of renewal benefits means this card becomes useless after one year, I believe that this card is an excellent option for those who may not qualify for other super premium credit cards and are looking to carry just a single card in their wallet. I understand that the reward ratio may not be very high, but it is essential to consider other valuable benefits that come with the card, such as access to airport lounges, complimentary golf sessions, exclusive BMS offers, and spa treatments. Through these perks, you can potentially receive benefits worth over 1 lakh rupees simply by spending a modest 10,000 rupees. Recently, many banks have implemented devaluation measures for lounge access, requiring a certain amount of spending to gain entry. For example, premium cards like the Yes Bank Marquee now have a spend requirement of 1 lakh rupees to access lounges. In contrast, this card stands out by not imposing any spending criteria for accessing its various benefits, making it a unique and attractive option for those seeking convenience and value.
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