The SBI Premium Debit Card is a high-end business debit card that offers exclusive privileges and enhanced security to customers. With this card, users receive instant SMS alerts for every cash 
withdrawal, purchase, or online transaction, ensuring better financial tracking.
withdrawal, purchase, or online transaction, ensuring better financial tracking.
Key Features of SBI Premium Debit Card
1. Zero Issuance Charges
Customers can avail of the SBI Premium Debit Card without any issuance fees.
2. Affordable Annual Maintenance Fees
The yearly maintenance charge for this card is Rs. 425 + GST, making it a cost-effective option.
3. Easy Card Replacement
In case of loss or damage, the card can be replaced for a nominal fee of Rs. 300 + GST.
4. High ATM Withdrawal Limits
Domestic ATM Cash Withdrawal: Up to Rs. 2 lakh per day.
International ATM Withdrawal: Varies by country, with a maximum equivalent to the domestic limit.
5. Generous Spending Limits
PoS (Point of Sale) & e-Commerce Transactions: Up to Rs. 5 lakh per day.
6. Cash Deposit Convenience
Daily Deposit Limit at SBI Cash Deposit Machines: Rs. 49,900.
Exclusive Complimentary Insurance Covers
The SBI Premium Debit Card provides multiple insurance benefits to active users who have transacted via PoS, e-Commerce, or ATMs in the last 90 days:
1. Personal Accident Insurance
Non-Air Accident Cover: Rs. 5 lakh.
Air Accident Cover: Rs. 10 lakh, applicable if the flight ticket was purchased using this debit card.
2. Family & Mortal Remains Transportation
If a personal accident claim is validated, the policy also covers:
Family Transportation Expenses: Up to Rs. 50,000 for two immediate family members to reach the hospital.
Mortal Remains Transport: Expenses covered for transporting the deceased’s remains to their residence.
3. Checked-in Baggage Loss Insurance
Coverage of Rs. 25,000 for lost baggage during domestic or international air travel, provided the flight ticket was purchased using the card.
4. Purchase Protection
Protection against theft and burglary for up to Rs. 50,000, valid for 90 days from the date of purchase of items made via PoS or e-Commerce.
5. Lost Card Liability Cover
Protection up to Rs. 2 lakh against unauthorized transactions on a lost or stolen card.
Covers transactions made 2 days before reporting and 7 days after reporting the loss.
PIN/OTP-based transactions are not covered.
Premium Benefits: Airport Lounge Access
SBI Premium Debit Cardholders enjoy complimentary access to select airport lounges, subject to the terms and conditions of Visa or MasterCard networks.
Conclusion
The SBI Premium Debit Card is an ideal choice for individuals seeking higher transaction limits, insurance coverage, and premium lifestyle benefits. With its extensive security features and travel privileges, it is a great addition to your financial toolkit.