SBI Card ELITE
Updated on August 25, 2026
🎖️Reward Rate
Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
Overview
SBI Card ELITE by SBI Card provides premium value tailored for Premium cardholders.
Rewards
Reward Type
Reward Points
Reward Rate
- • Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
- • Accelerated Rewards: 5X Reward Points (10 RPs per ₹100) on Dining, Departmental stores and Grocery spends
- • Excluded Categories: Fuel, Wallet loads, Property tax and Govt payments
Welcome Benefit
Welcome e-gift voucher worth ₹5,000 across top luxury brands (Bata/Hush Puppies, Pantaloons, Shoppers Stop, Yatra); Qualification Criteria: Payment of annual joining fee within 30 days; Fulfillment Timeline: Sent via SMS/Email within 15 days of fee realization
Milestone Benefit
Spend ₹10 Lakhs (Annual): Annual renewal fee waiver of ₹4,999; Spend ₹3 Lakhs (Annual): 10,000 bonus Reward Points; Spend ₹4 Lakhs (Annual): Additional 10,000 bonus Reward Points; Spend ₹5 Lakhs (Annual): Additional 15,000 bonus Reward Points; Annual Fee Waiver: Spend ₹10,00,000 or more in preceding 12 months for fee waiver
Redemption
- • SBI Card Reward catalog for electronics, luxury gift cards at 1 RP = ₹0.25
- • Statement credit conversion at 1 RP = ₹0.25
Benefits
- Domestic Airport Lounge: 8 per year (max 2 per calendar quarter) via Visa / Mastercard Domestic Lounge Program
- International Airport Lounge: 6 per year (max 2 per calendar quarter) via Priority Pass
- Fuel Surcharge Waiver: 1% (Max waiver ₹250 per statement cycle)
- Free Movie Tickets Worth ₹6,000 Annually: Free movie tickets worth ₹6,000 every year (up to ₹250 per ticket, max 2 tickets per month on BookMyShow). (Up to ₹500 off every month, Valid on BookMyShow portal) [Partners: BookMyShow]
- Club Vistara Silver & Trident Privilege Red Tier: Complimentary Club Vistara Silver membership with 1 upgrade voucher and Trident Privilege Red tier membership with 1,000 welcome points. (Complimentary hotel & airline upgrades) [Partners: Club Vistara, Trident Hotels]
Things to Know Before you apply
SBI Card ELITE Eligibility Criteria
- Age: 21–70 years
- Salaried min ₹60,000/month; Self-employed min ITR ₹12,00,000 p.a.
- Salaried & Self-Employed Individuals
- Resident Indian
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹4,999 |
| Annual Fee | ₹4,999 |
| Foreign Currency Mark-up Fee | 1.99% |
| Cash Advance Fee | 2.5% of withdrawn amount or min ₹500 |
Fee waiver: Spend ₹10,00,000 or more in preceding 12 months for fee waiver
PaisaSimple Review
Overall Rating
4.9/5What do we like about this card?
SBI Card ELITE issued by SBI Card is one of India's leading credit cards for Premium spends, featuring competitive reward earning and verified travel perks.
Pros
- • Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
- • Forex markup rate of 1.99%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
Cons
- • Annual renewal fee of ₹4999
- • Reward exclusion on fuel purchases and wallet load transactions
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- • Welcome e-gift voucher worth ₹5,000 across top luxury brands (Bata/Hush Puppies, Pantaloons, Shoppers Stop, Yatra)
- • Qualification Criteria: Payment of annual joining fee within 30 days
- • Fulfillment Timeline: Sent via SMS/Email within 15 days of fee realization
- • Complimentary annual Swiggy One and Times Prime memberships on ₹75,000 spend in first 90 days.
- • 10,000 bonus Reward Points (worth ₹2,500) upon payment of joining fee and spend of ₹30,000 within first 60 days of card setup
- • Qualification Criteria: Payment of joining fee and ₹30,000 spend within 60 days
- • Fulfillment Timeline: 30 days post criteria completion
- • Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
- • Accelerated Rewards: 5X Reward Points (10 RPs per ₹100) on Dining, Departmental stores and Grocery spends
- • Excluded Categories: Fuel, Wallet loads, Property tax and Govt payments
- • 4 RP/₹200 retail
- • 20 RP/₹200 on Swiggy/Zomato
- • up to 10X via SmartBuy.
- • Base Rewards: 5X Reward Points per ₹150 (5X Reward Points on POS domestic spends up to ₹20,000 per month (1X = 1 pt / ₹150))
- • 10X Reward Points per ₹150 (10X Reward Points on all incremental spends above ₹20,000 per month & on birthday spends)
- • 10X Reward Points per ₹150 (10X Reward Points on all international online and POS transactions (Uncapped))
- • Accelerated Rewards: 0% Zero Forex Markup + 10X points on all international spends. 10X points on spends > ₹20,000/mo. 1 pt = ₹0.25, never expire with zero redemption charges.
- • Excluded Categories: Fuel, Insurance, EMI, Wallet loads
- • Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
- • Forex markup rate of 1.99%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • 5X-equivalent reward rate on eligible Swiggy and Zomato online food orders
- • Up to 10X SmartBuy rewards
- • Swiggy One and Times Prime welcome memberships
- • Milestone vouchers
- • Movie and dining benefits
- • Conditional domestic and international lounge access
- • Base Rewards: 5X Reward Points per ₹150 (5X Reward Points on POS domestic spends up to ₹20,000 per month (1X = 1 pt / ₹150))
- • 10X Reward Points per ₹150 (10X Reward Points on all incremental spends above ₹20,000 per month & on birthday spends)
- • 10X Reward Points per ₹150 (10X Reward Points on all international online and POS transactions (Uncapped))
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Annual renewal fee of ₹4999
- • Reward exclusion on fuel purchases and wallet load transactions
- • ₹1,000 joining/renewal membership fee plus applicable taxes unless waived
- • Renewal-fee waiver requires ₹3 lakh eligible annual spend
- • Lounge access is linked to eligible previous-quarter spend
- • Reward redemption value varies by redemption channel
- • Annual renewal fee of ₹5999
- • Reward exclusion on fuel purchases and wallet load transactions