SBI Card ELITE
Updated on August 11, 2026
🎖️Reward Rate
5X Reward Points (10 points per ₹100) on Dining, Departmental Stores & Grocery
Overview
The SBI Card ELITE by SBI Card is a carefully crafted credit card designed to offer significant value in cashback and travel. It comes packed with premium privileges including complimentary airport lounge access, fuel surcharge waivers, lucrative milestone bonuses. Whether you are looking for solid reward rates or exclusive perks, this card stands out as a robust choice in its segment.
Rewards
Reward Type
Reward Points
Reward Rate
5X Reward Points (10 points per ₹100) on Dining, Departmental Stores & Grocery
Welcome Benefit
Welcome E-Gift Voucher worth ₹5,000 on Yatra, Shoppers Stop, Pantaloons, Bata
Milestone Benefit
Free Movie Tickets worth ₹6,000 per year via BookMyShow; 10,000 bonus Reward Points on spending ₹3 Lakhs & ₹4 Lakhs annually; 15,000 bonus Reward Points on spending ₹5 Lakhs & ₹8 Lakhs annually
Redemption
- • Cashback: 1 Reward Point = ₹0.25
- • Air Miles: 1 SBI Point = 1 AirMile (Club Vistara / Singapore Airlines)
- • Rewards Catalogue: 1 SBI Reward Point = ₹0.25 on SBI Card Rewards Catalogue
Benefits
- • Lounge: Free Priority Pass Membership with 6 complimentary International Lounge visits per year
- 8 Complimentary Domestic Airport Lounge visits per year (2 per quarter)
- • Fuel Waiver: 1% fuel surcharge waiver across all fuel stations in India (₹500 to ₹4,000 spend)
- • Insurance: Zero Lost Card Liability
Things to Know Before you apply
SBI Card ELITE Eligibility Criteria
- Age: 18–65 years
- INR 60,000 per month (Salaried) / INR 9 Lakhs p.a.
- Salaried & Self-Employed
- Resident Indian
SBI Card ELITE Customer Care
- Toll Free: 1800 11 2211
- Landline: +91 22 6600 0000
- Concierge Service: concierge@paisasimple.com
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹4,999 |
| Annual Fee | ₹4,999 |
| Foreign Currency Mark-up Fee | 3.5% |
| Cash Advance Fee | 3.5% or Rs. 500 whichever is higher |
Fee waiver: Waived on spending ₹10,00,000 or more in previous year
PaisaSimple Review
Overall Rating
What do we like about this card?
We have awarded the SBI Card ELITE an overall rating of 4.5/5 primarily due to its travel privileges, cashback rewards, milestone bonuses. While it carries an annual fee of ₹4,999, the value derived from its welcome benefits and reward structure easily offsets the cost for regular users. However, potential applicants should note that it annual fee of ₹4,999 applies (waiver conditions may apply). Overall, it is a well-rounded credit card suitable for individuals looking to maximize value on their everyday spends.
Pros
- • Offers welcome benefits upon joining
- • Complimentary airport lounge access
- • Attractive milestone spend bonuses
- • Fuel surcharge waiver included
Cons
- • Annual fee of ₹4,999 applies (waiver conditions may apply)
- • Limited dining privileges