SBI Card MILES ELITE

Renewal feeJoining fee

₹4,999 + GST

Fee waiver rule

Fee waived if you spend ₹15 lakhs.

Add-on card fee

₹0

Welcome benefit

Get 5,000 Travel Credits on spends of ₹1 lakh within 60 days of card issuance

Reward rate

2 Travel Credits per ₹200 · everyday spends2 Travel Credits for every ₹200 on all other spends.

Travel earning

6 Travel Credits for every ₹200 spent on travel.

Reward exclusions

No Travel Credits on Cash withdrawals, Balance Transfers, Flexipay, Encash, E-wallet uploads, Cashback transactions and spends on Rentals, Fuel & Utility bills.

Reward caps

Maximum Travel Credits that can be earned on online and offline spends in a calendar month will be capped at 15,000

Catalogue redemption

1 Travel Credit = ₹0.25 for Shop & Smile Product Catalogue.

Redeeming points for travel

Travel Bookings: 1 Travel Credit = 0.50.

Point expiry

Travel Credits are valid for 2 years from the date of receipt.

Airline and hotel partners points may move to

Conversion ratio for Travel Credits: 1 Travel Credit = 1 for Air Mile / Hotel Point.

International lounge access

6 complimentary International Airport Lounge visits every year (max. 2 visits per quarter)

Domestic lounge access

8 complimentary Domestic Airport Lounge visits every year (max. 2 visits per quarter)

Priority Pass

Complimentary Priority Pass Membership worth $99; complimentary for the first 2 years.

Milestone benefits

20,000 Bonus Travel Credits on annual spends of ₹12 lakhs.

Fuel surcharge waiver

1% Fuel Surcharge Waiver across all Petrol Pumps in India.

Air accident cover

Air Accident cover up to ₹1 crore

Lost card liability

Lost card liability cover of up to ₹1 lakh

Travel insurance

Loss of check-in baggage cover up to ₹72,000

Add-on card eligibility

Add-on cards for your parents, spouse, children or siblings above the age of 18.

Balance transfer terms

Transfer outstanding balances of other banks’ credit cards at a lower interest rate and repay in easy EMIs.

Purchase to EMI conversion

Convert eligible purchases into easy monthly EMIs.

Forex markup

1.99% on foreign currency transactions.

Dynamic currency conversion markup

1.99%1.99% for SBI Card Miles Elite

Cash advance fee

2.5% or ₹500 whichever is higher (domestic & international ATMs)

Cash withdrawal limit

₹15,000 per day on ATM Withdrawals, subject to Cash Advance Limit availability

Interest on unpaid balance

3.75% p.m. (45% p.a.) for unsecured cards.

Interest-free period

20 to 50 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full)

Late payment fee

₹100 - ₹1300 (Nil for outstanding Amount due from ₹0- ₹100)

Over-limit fee

2.5% of Overlimit Amount (subject to a minimum of ₹600). Overlimit Fee will not be reversed in case of transaction reversal / cancellation / refund.

Payment return or dishonour fee

2% of payment amount (subject to a minimum of ₹500)

Statement or duplicate statement fee

Duplicate monthly statements are provided only for a period of six months preceding the request and are subject to a service charge

Card replacement fee

₹100 - ₹250

Cash payment / cash deposit fee

₹250

Charge for lounge visits beyond the free limit

A usage fee of $27 + taxes is applicable post complimentary visits

Cheque payment / dishonour fee

Cheque Payment Fee: ₹200

Education / school fee charge

Fee on Education Payments^ : W.e.f 1st Nov 2025, 1% of the transaction amount applicable on Education Payments made through third-party apps

Foreign ATM fee

2.5% of transaction amount (subject to a minimum of ₹500) at International ATMs

Reward redemption fee

Rewards Redemption Fee: ₹99+ applicable taxes.

Wallet load charge

Fee on Wallet Load^^^ : W.e.f 1st Nov 2025, 1% of the transaction amount. Applicable on every wallet load transaction exceeding ₹1,000

Rent transaction fee

₹199+Applicable Taxes as processing fee

Utility transaction fee

If the sum of all Utility Payments in a billing cycle exceeds ₹50,000, then a Utility Payments Fee of 1% will be charged on the total amount of Utility payments made in that billing cycle.

GST note

Haryana - Central Tax @ 9% and State Tax @ 9%; other than Haryana - Integrated Tax @ 18%

Grace days after the due date

Grace period of 3 days is allowed from the payment due date on credit card accounts, where payments are not overdue from previous billing cycle (s)

Minimum amount due

100% of GST + 100% of EMI amount + 100% of Fees/Charges + 100% of finance charges + Overlimit Amount (if any) + 2% of remaining balance outstanding

Minimum age

Minimum 21 years