17-06-2025
- 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: