SBI Card MILES ELITE
SBI Card · Premium
Earn rate
Confirm on the official page
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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
The top card in SBI's airline-agnostic MILES family. Travel Credits transfer to 25+ airline and hotel partners — up to 1:1 — so you bank points first and pick the airline later. Among the few Indian cards pairing real transfer partners with a 1.99% forex markup.
Best for
- Miles collectors who want transfer flexibility instead of being locked to one airline.
- Travellers who book across airlines and want 3X credits on every travel merchant.
- International spenders pairing transfers with a 1.99% forex markup.
Official source not yet captured
Not ideal for
- Low spenders — the ₹15 lakh fee-reversal bar is steep, and redemptions outside airline transfers (travel bookings, catalogue) roughly halve your value.
- Travel Credits expire 24 months from accrual.
Official source not yet captured
Fees
Joining fee
₹4,999 + taxes.
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Fee waiver
Renewal fee waived off on annual spends of ₹15 Lakh or more in the preceding year.
Verifiedcharges17 Aug 2026, 4:40 PM ISTSBI Card
Renewal fee
₹4,999 (Waived off on annual spends of ₹15 Lakh or more in the preceding year).
Verifiedcharges17 Aug 2026, 4:40 PM ISTSBI Card
Rewards
Travel spends
6 Travel Credits per ₹200 (any airline, hotel, or travel merchant — not just partners)
Official source not yet captured
All other spends
2 Travel Credits per ₹200
Official source not yet captured
Milestone bonus
20,000 bonus Travel Credits on ₹12 lakh annual spends
Official source not yet captured
Transfers
1 Travel Credit = up to 1 partner mile/point; 1:1 with ~10 airlines and 3 hotels, 2:1 with most others — confirm current ratios on the official page
Official source not yet captured
Plain math
1 Travel Credit ≈ ₹1 when transferred to airline partners at 1:1. Spend ₹12 lakh/year (₹4L travel + ₹8L other) and you'd earn roughly 12,000 + 8,000 + 20,000 milestone = ~40,000 Travel Credits — about ₹40,000 in partner miles against a ₹4,999 fee.
Redemption value
- Rewards Redemption Fee ₹99 (applicable only on Physical products, Statement Credit & on Vouchers sent physically), for all cards except AURUM.
- No redemption fee if card account is voluntarily closed on the fee posting date.
- Reward Points valid for 24 months and forfeited on the last day of the 24th month (for all cards except AURUM).
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Reward cap
Additional domestic lounge visits are capped at 15 visits in a membership year.
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Reward exclusion
VerifiedSBI Card MILES ELITE — governing document (side-door search)17 Aug 2026, 4:40 PM ISTSBI Card
Travel & lounge
Lounge access
- All Airport Lounge visits within India through International Lounge Access Programs (like Priority Pass) will be charged a usage fee of up to USD 27 per visit + applicable taxes.
- Outside India, after exhausting complimentary visits, up to USD 27 per visit + applicable taxes.
Verifiedcharges17 Aug 2026, 4:40 PM ISTSBI Card
Travel benefit
- Up to 6 flight cancellations per year, each limited to ₹3,500.
- Loss of travel documents cover of up to ₹12,500.
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Dining, golf, concierge, insurance, milestones & welcome
Welcome benefit
5,000 Travel Credits on spends of ₹1 lakh within 60 days of card issuance (Travel Credits credited on payment of Joining Fee).
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Insurance
- Lost card liability cover of up to ₹1 lakh.
- Air Accident cover up to ₹1 crore.
- Loss of check-in baggage cover up to ₹72,000.
- Delay of check-in baggage cover of ₹7,500.
- Baggage damage cover of up to ₹5,000.
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Milestone benefit
- 20,000 Bonus Travel Credits on annual spends of ₹12 lakhs.
- Additional domestic lounge visit with every spend of ₹1 lakh (capped at 15 visits in a membership year).
- Annual Fee reversal on spends of ₹15 lakhs in a membership year.
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Eligibility
Eligibility
Add-on cards available for parents, spouse, children or siblings above the age of 18.
VerifiedSBI Card MILES ELITE — official product page17 Aug 2026, 4:40 PM ISTSBI Card
Charges & interest
Forex markup
1.99% Foreign Currency Transaction Fee (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 Charges ₹25.
- Cash Advance Fee: 2.5% of transaction amount at SBI/Other Domestic ATMs and International ATMs (minimum ₹500).
- Cash Payment fee ₹250.
- Payment Dishonor fee 2% of Payment amount (minimum ₹500).
- Cheque Payment Fee ₹200.
- Late Payment: Nil for ₹0-₹100, ₹100 for >₹100 & up to ₹500, ₹500 for >₹500 & up to ₹1,000, ₹750 for >₹1,000 & up to ₹10,000, ₹950 for >₹10,000 & up to ₹25,000, ₹1,100 for >₹25,000 & up to ₹50,000, ₹1,300 for >₹50,000.
- Additional Late Payment Charge ₹100.
- Overlimit Fee 2.5% of Overlimit Amount (minimum ₹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).
- Utility Payments Fee w.e.f. 1st Dec 2024, 1% of total amount of 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 through third-party apps.
- Fee on Wallet Load w.e.f. 1st Nov 2025, 1% of transaction amount on every wallet load exceeding ₹1,000.
- Processing Fee on all Rent Payment Transactions ₹199.
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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).
Verifiedcharges17 Aug 2026, 4:40 PM ISTSBI Card
Transfers
Not published in the official documents on file — see the official T&C link below.
Common questions
What is the joining fee on the SBI Card MILES ELITE?
Officially traced: Rs. 4,999 + taxes.
SBI Card MILES ELITE — official product pageIs the SBI Card MILES ELITE annual fee ever waived?
Renewal fee waived off on annual spends of Rs. 15 Lakh or more in the preceding year.
chargesWhat lounge access does the SBI Card MILES ELITE include?
All Airport Lounge visits within India through International Lounge Access Programs (like Priority Pass) will be charged a usage fee of up to USD 27 per visit + applicable taxes.
chargesWhat welcome benefit does the SBI Card MILES ELITE offer?
5,000 Travel Credits on spends of Rs. 1 lakh within 60 days of card issuance (Travel Credits credited on payment of Joining Fee).
SBI Card MILES ELITE — official product pageWhat are the transfer ratios for SBI Card MILES 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.
VerifiedSBI Card MILES ELITE product page17 Aug 2026, 4:40 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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