SBI Card ELITE
SBI Card · Premium
Earn rate
Confirm on the official page
Official source not yet captured
COFFER may earn a fee when you apply through this link. Facts are never affected. Learn more.
You'll land on the issuer's official application portal at tjzuh.com — if a different card is shown first, use its card selector to pick this one.
COFFER may earn a fee when you apply through this link. Facts are never affected. Learn more.
You'll land on the issuer's official application portal at tjzuh.com — if a different card is shown first, use its card selector to pick this one.
Overview
SBI Card's flagship lifestyle card. Modest base rewards, but the welcome voucher, movie benefit, milestone bonuses, and a 1.99% forex markup — among India's lowest — make it a benefits card rather than a points-chasing card.
Best for
- Lifestyle spenders who will actually use the movie and voucher benefits.
- International travellers who want a low 1.99% forex markup without an ultra-premium fee.
- Spenders in the ₹3–8 lakh/year band where the milestone bonuses compound.
Official source not yet captured
Not ideal for
- Points maximisers — there are no airline or hotel transfer partners, and the base 0.5% rate is below many entry-level cards.
- The earlier Club Vistara and Trident memberships have been discontinued.
Official source not yet captured
Fees
Joining fee
₹4,999 + taxes.
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Fee waiver
Renewal fee of ₹4,999 waived off on annual spends of ₹10 Lakh or more in the preceding year.
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Renewal fee
₹4,999 (Waived off on annual spends of ₹10 Lakh or more in the preceding year).
Verifiedlounge_travel17 Aug 2026, 9:34 PM ISTSBI Card
Rewards
Regular spends
2 Reward Points per ₹100 (4 RP = ₹1, about 0.5% back)
Official source not yet captured
Dining, groceries & departmental stores
10 Reward Points per ₹100 (about 2.5% back)
Official source not yet captured
Milestone bonuses
Up to 50,000 bonus points (~₹12,500) per year at ₹3L, ₹4L, ₹5L and ₹8L spend tiers
Official source not yet captured
Movie benefit
Free BookMyShow tickets worth up to ₹6,000/year (2 tickets/month, ₹250 cap per ticket)
Official source not yet captured
Plain math
Spend ₹8 lakh in a year and the milestones alone return about ₹12,500 in points — effectively covering the fee twice — before counting base points or movie savings.
Redemption value
- Rewards Redemption Fee: ₹99 (applicable only on physical products, statement credit & vouchers sent physically, for all cards except AURUM).
- Reward Points accrued are valid for 24 months (for all cards except AURUM).
- If not redeemed within this period they expire and are forfeited on the last day of the 24th month.
Verifiedmitc17 Aug 2026, 9:34 PM ISTSBI Card
Reward cap
- SBI CARD ELITE: Maximum Cap of 10,000 Reward Points/Month - Cumulative 5X Reward Points accrued on Dining, Departmental Store & Grocery spends will have a maximum cap of 10,000 Reward Points per month.
- After the cap limit is achieved, 2 Reward Points for every ₹100 spent will continue to accrue.
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Reward exclusion
No reward points on fuel spends (2 Reward Points per ₹100 on all other spends, except fuel).
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Travel & lounge
Lounge access
- All 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.
- All Airport Lounge visits outside India through such programs, after exhausting complimentary visits, charged up to USD 27 per visit + applicable taxes.
Verifiedmitc17 Aug 2026, 9:34 PM ISTSBI Card
Dining, golf, concierge, insurance, milestones & welcome
Welcome benefit
- Welcome e-Gift Voucher worth ₹5,000 (choose from Yatra, Hush Puppies / Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop).
- Threshold not stated on official source.
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Renewal benefit
- No renewal voucher.
- The movie and milestone benefits continue each year.
Official source not yet captured
Dining benefit
Complimentary 1-year Club ITC Silver Tier Membership (eligible after first transaction within 60 days of card issuance).
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Insurance
- Complimentary credit card fraud liability cover of ₹1 lakh.
- Coverage applies from 48 hours before reporting the loss up to 7 days after reporting.
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Milestone benefit
- Up to 50,000 Bonus Reward Points worth ₹12,500 every year: 10,000 Bonus Reward Points on annual spends of ₹3 lakhs and 4 lakhs.
- 15,000 Bonus Reward Points on annual spends of ₹5 lakhs and 8 lakhs.
- Free movie tickets worth ₹6,000 every year.
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Eligibility
Eligibility
Add-on cards available for parents, spouse, children or siblings above the age of 18.
VerifiedSBI Card ELITE — official card page17 Aug 2026, 9:34 PM ISTSBI Card
Charges & interest
Forex markup
1.99% (For AURUM, Elite, Prime NRI Secured, Tata Neu Infinity SBI Credit Card and SBI Card Miles Elite).
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Charge
- Finance charges: 3.75% p.m. (45% p.a.) for unsecured cards.
- Minimum Finance Charge ₹25.
- Cash Advance Fee: 2.5% of transaction amount (min ₹500) at domestic & international ATMs.
- Cash Payment Fee: ₹250.
- Payment Dishonor Fee: 2% of payment amount (min ₹500).
- Cheque Payment Fee: ₹200.
- Late Payment: Nil up to ₹100.
- ₹100 (>₹100-500).
- ₹500 (>₹500-1,000).
- ₹750 (>₹1,000-10,000).
- ₹950 (>₹10,000-25,000).
- ₹1,100 (>₹25,000-50,000).
- ₹1,300 (>₹50,000).
- Additional Late Payment Charge ₹100.
- Late Payment Charges on RE ₹500 (>₹1,000).
- Overlimit Fee: 2.5% of overlimit amount (min ₹600).
- Card Replacement: ₹100-₹250 (₹1,500 for Aurum).
- Dynamic Currency Conversion Fee: 1.99% (For AURUM, Elite, Prime NRI Secured, Tata Neu Infinity SBI Credit Card and SBI Card Miles Elite).
- Processing Fee on Rent Payment: ₹199.
- Utility Payments Fee (w.e.f 1 Dec 2024): 1% of total if 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 transactions exceeding ₹1,000.
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Interest-free period
20 to 50 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full).
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Transfers
Not published in the official documents on file — see the official T&C link below.
Common questions
Is the 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 SBI Card ELITE include?
All 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.
mitcWhat are the transfer ratios for 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/cardholder-agreement.page.
Verifiedlounge_travel17 Aug 2026, 9:34 PM ISTSBI Card
Verified 2026-08-17 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.
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