SBI Card ELITE
4.9/5.0
Updated on August 25, 2026
Overview
SBI Card ELITE by SBI Card provides premium value tailored for Premium cardholders.
Rewards
Reward Type
Reward Points
Welcome Benefit
Welcome Benefit: ₹5,000 Welcome e-Gift Voucher
Milestone Benefit
Milestone Rewards — ₹5L/₹8L spend: Official site: 15,000 Bonus RP at BOTH ₹5 lakh AND ₹8 lakh annual spend; Milestone — ₹8 Lakh annual spend: 15,000 Bonus RP; Total Milestone Reward Cap: Up to 50,000 Bonus RP worth ₹12,500/year
Benefits
- Concierge Service: Official site lists 'Exclusive Concierge Service' (flower/gift delivery, online doctor consult)
- Network-specific Privileges (Mastercard/Visa/Amex): Official site details golf privileges (Mastercard), Visa Signature benefits, Amex dining/Swiggy-Zomato-Blinkit discounts
- Add-on Card Fee: Nil (per official Fees & Charges)
- Other Features (Contactless, Bill Pay, Balance Transfer on EMI, Cash Access, Flexipay): Detailed on official 'Features' tab
- Add-on Card Fee: Nil
- Free Movie Tickets: Free movie tickets worth ₹6,000 every year
- valid on primary cards only
- Concierge Service: Dedicated assistance: flower delivery, gift delivery, online doctor consultation
- Network Privilege — Mastercard: 4 rounds complimentary green fees + up to 50% off golf games
- 1 complimentary lesson/month at select courses
- Network Privilege — Visa: Visa Signature benefits (via link)
- Network Privilege — American Express: Up to ₹600 instant discount at Swiggy/Zomato/Blinkit
- up to 25% off at 500+ restaurants
- Add-on Cards: Available for parents, spouse, children, siblings above age 18
- Balance Transfer on EMI: Transfer other banks' card balances to SBI Card ELITE at lower interest, repay via EMI
Things to Know Before you apply
SBI Card ELITE Eligibility Criteria
- Age: 21–70 years
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹4,999 |
| Annual Fee | ₹4,999 |
| Foreign Currency Mark-up Fee | 1.99% |
| Cash Advance Fee | Cash Advance Fee: 2.5% of withdrawn amount or min ₹500; Cash Advance Fee: Not shown on captured pages |
PaisaSimple Review
Overall Rating
4.9/5Pros
- • 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
Compare with Similar Cards
Rating
4.9/5
4.8/5
5.0/5
Highest ratedFee Details
Joining Fee
₹4,999
Annual/Renewal Fee
₹4,999
Joining Fee
₹1,000
Annual/Renewal Fee
₹1,000
Joining Fee
₹5,999
Annual/Renewal Fee
₹5,999
Welcome Benefit
- • Welcome Benefit: ₹5,000 Welcome e-Gift Voucher
- • Complimentary annual memberships of Swiggy One and Times Prime on spending ₹75,000 within the first 90 days of card issuance
- • 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
Reward/Cashback Rate
—
- • 4 Reward Points on every ₹200 retail spend
- • 20 Reward Points on every ₹200 spent on Swiggy and Zomato (5X)
- • Up to 10X Reward Points on spends 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
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
- • 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
Cons
- • 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