Benefits of SBI Aurum Credit Card

• Welcome and Joining Benefits:
  • 40,000 Reward Points as Welcome Bonus: Upon payment of the joining fee of ₹9,999, cardholders receive 40,000 reward points, equivalent to ₹10,000 when redeemed through the dedicated Aurum Rewards Portal. These points can be used for flights, hotels, e-gift vouchers, or experiences.
  • Complimentary Premium Memberships:
    • Club Marriott Membership: One-year membership offers up to 25% discounts on stays, dining, and spa services at over 250 Marriott hotels in the Asia-Pacific region.
    • Digital Subscriptions: A one-year subscription to The Wall Street Journal and Mint for global and financial news.

How to Apply for SBI Aurum Credit Card

• Step 1: Check for an Invitation
  SBI Aurum is an invite-only credit card. Invitations are sent via email, SMS, or through SBI Relationship Managers to select customers based on:
  • High spending patterns on existing SBI cards.
  • Strong banking relationship with SBI.
  Follow the instructions in the invitation to proceed.
• Step 2: Express Interest (If Not Invited)
  If you haven’t received an invitation:
  • Visit aurumcreditcard.com and fill out the “Express Interest” form with your details.
  • Or log in to SBI Card website/app and check the “Offers” or “Upgrade” section.
  • Alternatively, contact your SBI Relationship Manager to escalate your request.
• Step 3: Submit Required Documents
  Once eligibility is confirmed or invitation is received, submit:
  Identity Proof: PAN, Aadhaar, Passport, etc.
  Address Proof: Aadhaar, Passport, Utility bills, etc.
  Income Proof:
  • Salaried: Recent salary slips, Form 16, bank statements.
  • Self-Employed: Latest ITR, audited financials, bank statements.
  Other: Recent photograph, self-attested KYC copies, existing SBI card details (if any).
  Upload via DigiLocker, SBI KYC Upload portal, or submit manually.
• Step 4: Application Review and Approval
  SBI evaluates your credit profile, income, and account relationship. You may be contacted for additional documents. Approval generally takes 3–7 days.
• Step 5: Track Application Status
  Track your status via SBI Card account or Aurum website.
  You can also contact customer care or your relationship manager.
• Step 6: Card Delivery and Activation
  Once approved, the card is delivered within a week.
  Activate using:
  • SBI Card App
  • SBI Card Net Banking
  • Activation link via welcome email
• Tips to Increase Approval Chances
  • Maintain a credit score above 750
  • Strengthen your SBI account and credit card usage history
  
• Important Considerations
  • Annual Fee: ₹9,999 + GST (waived on ₹12 lakh annual spend)
  • Reward Points: 40,000 points on approval (worth ₹10,000)
  • KYC Compliance: Ensure your KYC is updated as per RBI norms
  • Processing Time: Invite to card delivery may take 1–2 weeks
• Step 7: Check for Pre-Approval Offers
  If you have an existing SBI credit card, check for pre-approved offers for an upgrade to the SBI Aurum card. Sometimes, customers with a solid credit history with SBI are pre-qualified for this premium card.
  Visit the SBI Card website or contact your Relationship Manager for more details.
• Step 8: Consider Additional Benefits During Application
  When applying, take into account the exclusive benefits such as access to international lounges, premium concierge services, and personalized credit limits. These perks can add significant value to your overall application experience.

Eligibility Criteria for SBI Aurum Credit Card

• Income Requirements:
  • Minimum ₹40 lakh annual gross income required.
  • ₹30 lakh may be considered in special cases depending on credit history and SBI relationship.
  • High income reflects premium benefits and ₹9,999 (plus taxes) annual fee.
• Income Verification:
  • Salaried: Last 3 months’ salary slips and bank statements.
  • Self-Employed: ITRs for past 2 years, bank statements, audited balance sheets.
• Age Criteria:
  • Salaried: 21 to 60 years.
  • Self-Employed: 25 to 60 years.
• Credit History:
  • Minimum credit score: 750+.
  • No defaults or settlements in credit history.
  • Low credit utilization (<30%) and timely repayments are essential.
• Relationship with SBI:
  • Existing SBI cardholders (e.g., Elite, Prime) preferred for upgrades.
  • Strong banking relationship with high average balance increases chances.
  • Preferred existing card limit: ₹2.5 lakh or more.
• Employment Type:
  • Salaried: Employed with MNCs, PSUs, or reputed companies; may require employment proof.
  • Self-Employed: At least 2 years business continuity with proper registration and income proof.
• Documentation:
  • KYC: PAN (mandatory), Aadhaar, Passport, Voter ID.
  • Address Proof: Aadhaar, Utility Bill, Rental Agreement, Passport.
  • Income Proof: Salary slips, ITRs, Bank statements.
  • Business Proof (Self-Employed): GST, Registration documents, Financial statements.
  • Photos: 2–3 recent passport-sized photographs.
• Residency & Nationality:
  • Indian residents only; valid and serviceable address required.
  • NRIs may be considered with NRI accounts and overseas proof.
• Invite-Only Process:
  • Available via invitation only – no direct application.
  • Eligible customers are identified by SBI based on income, credit score, and relationship.
  • Upgrade offers, offline outreach, and interest registration on aurumcreditcard.com are the main channels.
• Special Considerations:
  • Rare LTF (Lifetime Free) variant may be offered to students from IIMs like Ahmedabad, Bangalore, or Calcutta.
• Bank Discretion: SBI reserves the right to change eligibility criteria without prior notice.