Karur Vysya Bank SBI Card Elite
SBI Card
Earn rate
Confirm on the official page
Official source not yet captured
This is the issuer's own page for this card. We earn nothing from this link.
You'll land on the issuer's official application portal at sbicard.com — if a different card is shown first, use its card selector to pick this one.
This is the issuer's own page for this card. We earn nothing from this link.
You'll land on the issuer's official application portal at sbicard.com — if a different card is shown first, use its card selector to pick this one.
Overview
Karur Vysya Bank SBI Card Elite by SBI Card. Facts on this page are extracted and verified automatically from official issuer documents.
Fees
Joining fee
Confirm on the official page
Official source not yet captured
Fee waiver
Renewal fee of ₹4,999 waived off on annual spends of ₹10 Lakh or more in the preceding year.
Verifiedlounge_travel20 Aug 2026, 12:42 PM ISTSBI Card
Renewal fee
₹4,999 (Waived off on annual spends of ₹10 Lakh or more in the preceding year).
Verifiedlounge_travel20 Aug 2026, 12:42 PM ISTSBI Card
Rewards
Redemption value
- Rewards Redemption Fee: ₹99 + applicable taxes (applicable only on physical products, Statement Credit & vouchers sent physically, for all cards except AURUM).
- Reward Points valid for 24 months (for all cards except AURUM), expire on last day of 24th month if not redeemed.
Verifiedlounge_travel20 Aug 2026, 12:42 PM ISTSBI Card
Travel & lounge
Lounge access
- Airport Lounge visits within India through International Lounge Access Programs (like Priority Pass) charged a usage fee of up to USD 27 per visit + applicable taxes.
- Airport Lounge visits outside India through International Lounge Access Programs, after exhausting complimentary visits, charged up to USD 27 per visit + applicable taxes.
Verifiedkfs20 Aug 2026, 12:42 PM ISTSBI Card
Dining, golf, concierge, insurance, milestones & welcome
Welcome benefit
Confirm on the official page
Official source not yet captured
Eligibility
Not published in the official documents on file — see the official T&C link below.
Charges & interest
Forex markup
3.5% Foreign Currency Transaction Fee (Elite is in the exception list at 1.99%).
Verifiedlounge_travel20 Aug 2026, 12:42 PM ISTSBI Card
Charge
- Finance Charges: 3.75% p.m. (45% p.a.) for unsecured cards.
- 2.75% p.m. (33% p.a.) for Shaurya, Defence and Secured cards.
- Minimum Finance Charges: ₹25.
- Cash Advance Fee: SBI ATMs/Other Domestic ATMs 2.5% of transaction amount (min ₹500).
- International ATMs 2.5% of transaction amount (min ₹500).
- Max cash withdrawal ₹15,000 per day on MCC 6011.
- Cash Payment fee: ₹250.
- Payment Dishonor fee: 2% of Payment amount (min ₹500).
- Cheque Payment Fee: ₹200.
- Late Payment: Nil for ₹0-₹100.
- ₹100 for >₹100 & up to ₹500.
- ₹500 for >₹500 & up to ₹1000.
- ₹750 for >₹1000 & up to ₹10,000.
- ₹950 for >₹10,000 & up to ₹25,000.
- ₹1100 for >₹25,000 & up to ₹50,000.
- ₹1300 for >₹50,000.
- Additional Late Payment Charge ₹100.
- Over Limit Fee: 2.5% of Overlimit Amount (min ₹600).
- Card Replacement: ₹100-₹250 (₹1500 for Aurum).
- Dynamic Currency Conversion Fee: 3.5% (except listed cards).
- Rewards Redemption Fee: ₹99.
- Utility Payments Fee (w.e.f. 1 Dec 2024): 1% of total Utility Payments if total exceeds ₹50,000 in a billing cycle.
- Fee on Education Payments (w.e.f. 1 Nov 2025): 1% via third-party apps.
- Fee on Wallet Load (w.e.f. 1 Nov 2025): 1% on every wallet load exceeding ₹1,000.
- Processing Fee on all Rent Payment Transactions: ₹199.
Verifiedkfs20 Aug 2026, 12:42 PM ISTSBI Card
Interest-free period
20 to 50 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full).
Verifiedlounge_travel20 Aug 2026, 12:42 PM ISTSBI Card
Transfers
Not published in the official documents on file — see the official T&C link below.
Common questions
What is the annual fee on the Karur Vysya Bank SBI Card Elite?
Officially traced: Rs. 4,999.
lounge_travelIs the Karur Vysya Bank SBI Card Elite annual fee ever waived?
Renewal fee of Rs. 4,999 waived off on annual spends of Rs. 10 Lakh or more in the preceding year.
lounge_travelWhat lounge access does the Karur Vysya Bank SBI Card Elite include?
Airport Lounge visits within India through International Lounge Access Programs (like Priority Pass) charged a usage fee of up to USD 27 per visit + applicable taxes.
kfsWhat are the transfer ratios for Karur Vysya Bank SBI Card Elite points?
Transfer ratios are not shown here as a confident value. Confirm the current ratio in your issuer account before transferring.
Other verified details
Not published in the official documents on file — see the official T&C link below.
Official documents & verification
Official terms
https://www.sbicard.com/en/most-important-terms-and-conditions.page.
Verifiedlounge_travel20 Aug 2026, 12:42 PM ISTSBI Card
Verified 2026-08-20 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.
( Continue exploring )