SBI Card Elite Advantage
SBI Card
Earn rate
Confirm on the official page
Official source not yet captured
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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
SBI Card Elite Advantage 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.
Verifiedcardholder_agreement18 Aug 2026, 10:12 PM ISTSBI Card
Renewal fee
₹4,999 (Waived off on annual spends of ₹10 Lakh or more in the preceding year).
Verifiedcardholder_agreement18 Aug 2026, 10:12 PM ISTSBI Card
Rewards
Redemption value
- Rewards Redemption Fee: ₹99 (applicable only on Physical products, Statement Credit & on Vouchers sent physically, for all cards except AURUM).
- Reward Points accrued are valid for a period of 24 months (for all cards except AURUM).
- If not redeemed within this period they expire on the last day of the 24th month.
Verifiedmitc18 Aug 2026, 10:12 PM ISTSBI Card
Travel & lounge
Lounge access
- International: Complimentary Priority Pass membership worth $99, 6 complimentary airport lounge visits per calendar year outside India (max. 2 visits per quarter).
- Post complimentary visits usage fee $27 + taxes per Priority Pass visit.
- Domestic: 2 complimentary domestic airport lounge visits every quarter.
VerifiedSBI Card Elite Advantage — official product page18 Aug 2026, 10:12 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 Advantage — official product page18 Aug 2026, 10:12 PM ISTSBI Card
Dining benefit
- Complimentary 1-year Club ITC Silver Tier Membership.
- Cardholders eligible after their first transaction within 60 days of card issuance.
VerifiedSBI Card Elite Advantage — official product page18 Aug 2026, 10:12 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 Advantage — official product page18 Aug 2026, 10:12 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.
- Also free movie tickets worth ₹6,000 every year (primary cards only).
VerifiedSBI Card Elite Advantage — official product page18 Aug 2026, 10:12 PM ISTSBI Card
Eligibility
Not published in the official documents on file — see the official T&C link below.
Charges & interest
Forex markup
Foreign Currency Transaction Fee: 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: up to 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 and international ATMs.
- 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-₹500.
- ₹500 for >₹500-₹1,000.
- ₹750 for >₹1,000-₹10,000.
- ₹950 for >₹10,000-₹25,000.
- ₹1,100 for >₹25,000-₹50,000.
- ₹1,300 for >₹50,000.
- Additional Late Payment Charge ₹100 on missing MAD two consecutive cycles.
- 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).
- Rewards Redemption Fee: ₹99.
- Processing Fee on Rent Payment Transactions: ₹199.
- Utility Payments Fee: w.e.f. 1st Dec 2024, 1% of total Utility Payments if total exceeds ₹50,000 in a billing cycle.
- Fee on Education Payments: w.e.f. 1st Nov 2025, 1% of transaction amount via third-party apps.
- Fee on Wallet Load: w.e.f. 1st Nov 2025, 1% of transaction amount on every wallet load exceeding ₹1,000.
- Lounge Charges: up to USD 27 per visit + taxes for International Lounge Access Programs.
Verifiedmitc18 Aug 2026, 10:12 PM ISTSBI Card
Interest-free period
Interest free credit period could range from 20 to 50 days, subject to submission of claims by the merchant (applicable only on retail purchases and if previous month's outstanding balance is paid in full).
Verifiedmitc18 Aug 2026, 10:12 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 SBI Card Elite Advantage?
Officially traced: Rs. 4,999.
cardholder_agreementIs the SBI Card Elite Advantage 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.
cardholder_agreementWhat are the transfer ratios for SBI Card Elite Advantage 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.
Verifiedmitc18 Aug 2026, 10:12 PM ISTSBI Card
Verified 2026-08-18 · 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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