SBI AURUM Credit Card

About SBI AURUM Credit CARD

Are you spending lakhs every year but failing to see premium value in return? The SBI AURUM Credit CARD is designed to change that narrative for high earners.

This is not your average plastic. It is a super-premium offering tailored for individuals who move at least ₹12,00,000 through their credit card annually. By hitting this spend milestone, you can completely waive the ₹9,999 annual fee, making the card effectively free for heavy spenders. With a reward conversion rate where 1 Reward Point equals ₹0.25, your routine expenses translate into tangible luxury redemptions.

Built for executives, business owners, and top-tier professionals earning significant annual incomes, the SBI AURUM cuts through the clutter of basic rewards. It focuses on a high-spend, high-reward ecosystem that caters to those who prioritize exclusivity and a smooth banking relationship.

What sets it apart:

• High-Value Fee Waiver: Spend ₹12 Lakhs in a year to get your ₹9,999 annual fee reversed.
• Verified Savings: Potential annual savings of up to ₹2,03,232 based on optimized spending patterns.
• Flexible Network: Available on both VISA and Mastercard platforms to ensure global acceptance.

Quick check: To qualify for this card, you should be between 21 and 60 years old. Approval requires a high credit score and a strong existing relationship with SBI, as the bank strictly reviews income for this invitation-only category.

Let's break down why this card stands out in the super-premium segment:

Key Benefits and Features of SBI AURUM

The SBI AURUM is structured to reward those who use their card as their primary payment tool. Here is a detailed look at the features you can use to maximize your value:

AURUM Reward Points (ARP) System

Every time you spend, you earn AURUM Reward Points. The real value lies in the redemption: 1 ARP is worth ₹0.25. Unlike many cards where points are worth pennies, the AURUM points maintain a steady value when used through the dedicated AURUM rewards portal. You can browse the redemption catalog at https://rewards.aurumcreditcard.com/ to find luxury items and travel options that fit your lifestyle.

Annual Fee and Waiver Conditions

The card comes with an annual fee of ₹9,999. While this might seem steep, the card offers a clear path to get this money back. If you spend more than ₹12,00,000 in a calendar year, the fee is waived. For a user spending ₹1,00,000 monthly, this waiver is an easy target, effectively providing a premium card experience for zero recurring cost.

Activation Bonus and Rules

To ensure you start earning rewards immediately, you must perform a small task. A minimum transaction of just ₹100 within the first 30 days of receiving your card is mandatory. If you miss this window, you will not be eligible for the rewards program. It is a simple step to guarantee your account stays active and rewarding.

Spending Exclusions to Watch Out For

To maximize this card, you must know where NOT to spend. The SBI AURUM has a very specific list of categories that do not earn points or count toward the fee waiver. You will not earn rewards on:

• Fuel purchases and Cash advances
• Wallet loading and Rental payments
• Jewelry purchases (a common high-value spend for many)
• Government, Insurance, and Education services
• Utility spends (unless processed specifically via the Airtel Thanks platform)
• EMI transactions or purchases converted to EMI later

How to Apply for SBI AURUM?

The application process for the AURUM is more exclusive than standard SBI cards. Follow these steps to start your application:

1. Check Eligibility: Ensure you are within the 21-60 age bracket. This card targets the high-income bracket, specifically individuals with an annual income exceeding ₹30 Lakhs.
2. Visit the SBI Card Website: Navigate to the AURUM specific section or check your SBI Card mobile app for a pre-approved offer.
3. Submit Personal Details: Enter your PAN, Aadhaar, and employment information.
4. Document Verification: Provide your latest income documents (ITR or Salary Slips) to prove you can sustain the high spending required for this card.
5. KYC Process: Complete the video KYC or physical document pickup as requested by the bank representative.
6. Card Activation: Once you receive the card, make a transaction of at least ₹100 within 30 days to activate the rewards program.

The standard processing timeline is 7-10 business days after successful document verification.

Credit Limit and What to Expect

Credit limits for the SBI AURUM are assigned based on your income, credit score, and existing banking relationship. Since this is a super-premium card, users receive a substantial credit limit, starting at a minimum of ₹5,00,000. This high limit is necessary to accommodate the ₹12 Lakh annual spend required for the fee waiver. The bank assigns your specific credit limit during the application process based on your submitted income documents and credit history. Your limit may be increased periodically if you maintain a clean repayment record and high usage.

Comparison Table: SBI AURUM vs. Competitors

When you are paying nearly ₹10,000 in fees, you need to know how the card stacks up against other heavy hitters in the Indian market.

Feature	SBI AURUM	HDFC Infinia (Metal Edition)	ICICI Emeralde Private Metal	Axis Magnus
Annual Fee	₹9,999	₹12,500	₹12,500	₹12,500
Waiver Limit	₹12 Lakhs	₹10 Lakhs	₹10 Lakhs	₹25 Lakhs
Reward Value	1 Pt = ₹0.25	1 Pt = ₹1.00 (on travel)	1 Pt = ₹1.00	5:4 or 5:2 Transfer Ratio
Key Feature	High Annual Savings	Unlimited Lounge Access	Low Forex Markup	Lifestyle Concierge
Winner For	SBI Loyalists	Maximum Reward Value	Frequent International Travelers	High-End Lifestyle Perks

The SBI AURUM is a strong choice if you already have a deep relationship with State Bank of India and prefer their redemption catalog. However, if you are looking for the absolute highest reward-to-spend ratio, the HDFC Infinia often edges it out. Choose the AURUM if your spending is primarily domestic and you want a straightforward path to an annual fee waiver at the ₹12 Lakh mark.

Documents Required for SBI AURUM Application

You will need to submit the following documents when applying:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, or Voter ID.
• Address Proof: Aadhaar Card, Utility Bills, or Rent Agreement.
• Income Proof: Latest 3 months' salary slips and 6 months' bank statements showing salary credits.
• Employment Proof: Office ID card or official email verification.

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, or Passport.
• Address Proof: Aadhaar Card, Business Address Proof, or Property Documents.
• Income Proof: Latest 2 years' ITR (Income Tax Returns) with computation of income.
• Business Proof: GST registration or Business License.

Note: All documents must be self-attested. The bank may request additional documents during verification depending on your credit profile.

Who Should Get This Card?

Should you get this card? Here is who benefits most from the SBI AURUM:

The Corporate Leader

If you are a professional earning ₹30 Lakhs or more annually and your monthly expenses (excluding rent and school fees) consistently hit ₹1.5 Lakhs, this card is a great fit. By routing your dining, shopping, and travel through AURUM, you easily clear the ₹12 Lakh waiver threshold. You get a premium card for free and earn enough points for a luxury vacation every year.

The High-Spend Domestic Shopper

You should get this card if you spend heavily on online platforms and physical retail stores. If you find yourself spending ₹10,000-₹15,000 on utilities monthly, using the Airtel Thanks platform with this card allows you to earn rewards where other premium cards might exclude utility payments.

The SBI Loyalist

If you have your home loan, car loan, and savings account with SBI, getting the AURUM is a logical next step. It consolidates your financial footprint and provides you with their highest level of service and a dedicated rewards portal.

You might want to skip this card if:

• Your primary high-value spends are on jewelry, school fees, or rent, as these are excluded from rewards.
• You cannot spend at least ₹12,00,000 annually, as the ₹9,999 fee is high if not waived.

BankKaro Expert Review

Based on the card's features, the SBI AURUM excels at providing a structured, high-limit environment for SBI's most valued customers. The ₹12 Lakh waiver is a fair target for the super-premium segment, and the ₹2,03,232 annual saving potential is quite impressive for a domestic card.

The biggest limitation is the extensive list of exclusions. Excluding jewelry, insurance, and education means that many "big-ticket" items that high-net-worth individuals typically pay for via credit card won't help them earn rewards or reach their waiver goal. This is a significant drawback compared to competitors who still offer base rewards on these categories.

Our verdict: Choose this card if you are an existing SBI customer who spends heavily on general retail and travel. It offers a smooth experience and a prestigious status. However, if you are a "points optimizer" who wants to earn on every single rupee spent (including rent and insurance), you might find the restrictions frustrating.

Terms and Conditions

• The bank may offer a different card variant based on your eligibility. Please carefully read the features of the card offered before submitting your application.
• A minimum transaction of Rs.100 within 30 days is required to activate the card, otherwise, you won’t be eligible for the Rewards.
• Interest rates are set at 3.5% per month (42% per annum), and late payment charges apply according to the standard SBI Card schedule based on the outstanding amount.