SBI Aurum Credit Card: Benefits, Fees & Eligibility Guide

A few years ago SBICard introduced a super-premium card called AURUM, positioned a step above the SBI Card Elite. The features and presentation make it clear SBICard aimed this product at high-net-worth individuals, giving the offering a premium feel.

But how rewarding is the card in practice? The sections below break down the key details and benefits so you can judge whether AURUM suits your spending pattern.

Overview

Type	Super Premium Credit Card
Reward Rate	1% to ~3%
Annual Fee	10,000 INR + GST
Best for	Monthly spends of 1 Lakh & Golf lessons
USP	BookMyShow Movie Voucher

AURUM is SBICard’s entry into the super-premium segment and represents a solid upgrade for Elite cardholders. Its strengths are targeted benefits and a premium experience; the reward structure, however, requires specific spending behavior to maximize value.

Joining Fees

Joining Fee	10,000 INR + GST
Welcome Benefit	40,000 Points worth 10,000 INR
Renewal Fee	10,000 INR + GST
Renewal Benefit	Nil
Renewal Fee Waiver	Annual spends of Rs.12 Lakhs

The welcome points are roughly equivalent to the joining fee, but GST (around 1,800 INR) is payable out of pocket. There is no renewal benefit by default; the renewal fee is waived only if annual spends exceed Rs.12 lakhs.

Design

Aurum, from the Latin for gold (chemical symbol Au), is reflected in the card’s design. The card is metal, finished in black with a subtle horizontal dotted gold strip, giving it a clean, premium look.

Rewards

Regular Rewards

• Rewards on all spends: 4 points per 100 INR (equivalent to ~1%)
• Reward Point Value: INR 0.25 per point

The base earn rate of 1% is modest for a super-premium card, but the program supplements this with milestone benefits that boost effective returns for targeted spend levels.

Note: Rent and wallet loads do not earn rewards on SBICards.

Monthly Milestone Benefit

• Spend 1 lakh INR in a month to receive a 1,500 INR TataCliq voucher
• Return on that spend: ~1.5%

Including the regular rewards, reaching the monthly milestone on a 1 lakh spend pushes the effective reward rate up to about 2.5% for that month. This benefit is a major driver of value if you can sustain monthly high spends.

Annual Milestone Benefit

SPEND MILESTONE	BENEFIT	VALUE (CUMULATIVE)	SAVINGS (CUMULATIVE)
5 Lakhs	5,000 INR TataCliq Luxury voucher	5,000 INR	1%
10 Lakhs	10,000 INR Taj Voucher	15,000 INR	1.5%
20 Lakhs	20,000 INR Apple Gift Card	35,000 INR	1.75%

Annual milestones add meaningful incremental value. Hitting Rs.20 lakhs a year yields an additional ~1.75% effective return on top of regular and monthly milestone rewards.

Rewards Redemption

1. Dedicated Aurum rewards portal: Redeem for e-gift vouchers, flights, hotels, and experiences
2. Statement Credit: Not available
3. Redemption Charge: Rs.99 + GST per redemption

Statement credit is not an option, but popular e-vouchers such as Amazon and Flipkart are available, which many cardholders view as near-cash equivalents. Redemptions incur a nominal fee per transaction.

Redemption experiences reported by users have generally been smooth when vouchers are in stock.

Memberships

Complimentary first-year memberships include:

• 1-year Club Marriott membership
• 1-year digital subscriptions to The Wall Street Journal and Mint

These memberships are usually limited to the first year and must be redeemed within a specified time, which reduces their long-term value.

Airport Lounge Access

Service	Limit	Guest Access	Serviced by
Domestic Lounges	4 / Quarter	–	Visa / Mastercard
International Lounges	Unlimited	1/Qtr	Dreamfolks
Airport Spa (Domestic)	1 / Quarter	–	Dreamfolks

The card offers a solid international lounge benefit with guest access once per quarter, while domestic lounge entries are limited. The spa benefit is less useful than alternatives like airport transfers or meet-and-greet services would be for frequent travelers.

Notably, the international lounge access does not expire after one year as it does on some other SBI cards.

Golf

• Complimentary Games: 4 per calendar year
• Complimentary Lessons: 12 per calendar year

AURUM provides appealing golf benefits for casual players and learners, though the offering is capped and not unlimited as with some competing premium cards.

Movie Benefit

1. BookMyShow Offer: 4 free movie tickets per month (up to 1,000 INR value)
2. Max. Cap: Rs.250 per ticket
3. T&C: Max. 2 tickets per booking; 24-hour cooling period between bookings

This is a strong recurring benefit. Tickets are free (you pay convenience fees), and though the savings per ticket are capped, frequent moviegoers will find substantial value in this feature.

Flight Cancellation Benefit

Ticket Type	Coverage
Refundable Ticket	Rs.3,500 per ticket
Non-Refundable Ticket	Rs.3,000 per ticket

This benefit is available up to twice a year and excludes taxes and convenience fees. It functions as part of the card’s travel protections and can be useful when plans change.

Dedicated Services

1. Secretarial Access: Allow a secretary or assistant to access and manage the account on your behalf
2. Concierge: Dedicated lifestyle concierge service for AURUM cardholders

Secretarial access is a convenient feature for busy professionals, and the concierge has been reported to perform well, with prompt email responses and reliable follow-ups—comparable in some respects to other premium concierge services.

AURUM Dashbaord

SBICard provides a dedicated Aurum dashboard that aggregates card benefits, enrollment status, and personalized account details. It serves as a one-page hub to manage and activate the card’s features.

Eligibility

• Income: Above 30 lakhs per annum
• Existing credit card limit with other banks: Above 5 lakhs

These are indicative thresholds; SBI evaluates applicants holistically, but high income and credit limits are typical for AURUM approvals.

How to Apply?

AURUM is largely an invite-only product, but you can pursue it through several channels:

• Online: Watch for upgrade offers on the SBICard website or app, or express interest via net-banking or the Aurum portal.
• Offline: Contact SBICard representatives at branches, airport desks, or through the bank’s sales team to request an application.

Existing Prime or Elite cardholders who meet spending and income criteria may receive upgrade offers directly from SBICard.

Is Aurum worth it?

AURUM’s value depends heavily on spending patterns due to the monthly and annual milestone structure. Examples of effective reward rates:

• If you hit the monthly milestone every month and spend Rs.20 lakhs a year, the effective reward rate can reach about 3.6% (including milestone and base rewards).
• If you hit the monthly milestone only three months and still spend Rs.20 lakhs a year, the effective rate is near 3.0%.
• If you hit the monthly milestone every month and spend Rs.12 lakhs annually, you can achieve roughly 3.7% effective rewards and qualify for a renewal fee waiver.

Beyond cash-equivalent benefits, AURUM also includes movie tickets and golf provisions that add tangible value for the right user. For cardholders already on SBI Elite with annual spends above Rs.12 lakhs, upgrading to AURUM can be particularly worthwhile.

Bottomline

• CardExpert Rating: 4/5

SBICard put careful thought into AURUM’s design and service experience, especially around convenience and concierge support. The major limitation is the modest 1% base rewards, which makes the card most attractive to those who can consistently meet monthly or annual milestones. If your monthly spends approach Rs.1 lakh or your annual outlay exceeds Rs.12 lakhs, AURUM can deliver strong value and a premium experience.

What are your thoughts on SBICard’s super-premium card? Feel free to share your views in the comments below.