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Business Standard
5 days ago
- Business
- Business Standard
SBI Card drops air accident cover on premium cards: Here's the list
Company is discontinuing complimentary service offered by key credit cards, has not announced any replacement benefit New Delhi SBI Card has discontinued complimentary air accident insurance offered by many of its credit card products, including premium and co-branded. This insurance offered coverage of up to Rs 1 crore and discontinuing it will affect both SBI-branded and partner bank credit cards. Which SBI credit cards are affected? The withdrawal of air accident insurance will happen in two stages: Effective July 15, 2025 The following SBI-branded cards will no longer offer the complimentary insurance benefit: SBI Card ELITE – Rs 1 crore cover to be discontinued SBI Card Miles ELITE – Rs 1 crore cover to be discontinued SBI Card Miles PRIME – Rs 1 crore cover to be discontinued SBI Card PRIME – Rs 50 lakh cover to be discontinued SBI Card Pulse – Rs 50 lakh cover to be discontinued Effective August 11, 2025 Several co-branded credit cards issued in partnership with public and private sector banks will also see this benefit removed: Rs 1 crore cover to be discontinued on: UCO Bank SBI Card ELITE Central Bank of India SBI Card ELITE Punjab & Sind Bank SBI Card ELITE Karur Vysya Bank SBI Card ELITE Karur Vysya Bank SBI Signature Credit Card Allahabad Bank SBI Card ELITE Rs 50 lakh cover to be discontinued on: UCO Bank SBI Card PRIME Central Bank of India SBI Card PRIME Punjab & Sind Bank SBI Card PRIME Karur Vysya Bank SBI Card PRIME Karur Vysya Bank SBI Platinum Credit Card South Indian Bank SBI Card PRIME South Indian Bank SBI Platinum Credit Card Karnataka Bank SBI Card PRIME Karnataka Bank SBI Platinum Credit Card City Union Bank SBI Card PRIME Allahabad Bank SBI Card PRIME Union Bank of India SBI Platinum Credit Card Oriental Bank of Commerce SBI VISA Platinum Credit Card Federal Bank SBI Platinum Credit Card Bank of Maharashtra SBI Platinum Credit Card What cardholders should know SBI Card has not introduced any replacement benefit for the discontinued insurance. Affected users may consider:
Mint
6 days ago
- Business
- Mint
Love movies? THESE are the 5 popular credit cards for movie aficionados in India
If you are a movie aficionado and a credit card user at the same time, you may apply for a card (s) that offer discounts on purchase of movie tickets. These discounts are typically of small amounts, but over a long period of time, say a year -- this could accumulate to be a large amount. On the top of it, some of these credit cards also provide subscriptions to OTT platforms. Let us find out more on this. Here we list out some credit cards which offer discounts on movie tickets and subscription to OTT platforms. I. SBI Card ELITE: This card provides free movie tickets worth ₹ 6,000 every year. Transaction is valid for at least two tickets per booking per month. Maximum discount is ₹ 250 per ticket for two tickets only. II. Axis Bank My Zone Credit Card: This credit card enables cardholders to claim 100 percent discount on your second movie ticket booked via District app. The card also offers a SonyLIV premium annual subscription (valued at ₹ 1,499) for free with your first purchase within the first 30 days of issuance. III. PVR INOX Kotak Credit Card: This card enables cardholders to claim one PVR INOX movie ticket on every ₹ 10,000 in a monthly billing session. The card also provides 5 percent discount on movie tickets every time and 20 percent discount on food and beverages each time. IV. HDFC Bank Times Platinum Credit Card: This card offers 50 per cent off on movie tickets via BookMyShow. A cardholder can buy a maximum of four discounted tickets per card per month. A maximum discount of ₹ 600 can be availed per transaction by the cardholder V. IndusInd Bank EazyDiner Signature Credit Card: This card offers two complimentary movie tickets worth ₹ 200 each monthly when booked via Book My Show. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit. For all personal finance updates, visit here
