SBI Elite Credit Card
SBI Card
Annual Fee
₹4,999
Joining Fee
₹4,999 + GST
Base Reward
0.5% points
Foreign Markup
1.99% of the transaction amount
Fee Waiver
Waived on spends of ₹10 lakh or more
Interest Rate
3.75% per month
Welcome Benefits
Vouchers Worth ₹5,000 from Yatra, Aditya Birla Fashion, Hush Puppies/Bata, Pantaloons, or Shoppers Stop
Product Highlights
- Gift Voucher worth ₹5,000 as a welcome benefit.
- 2 RPs on every ₹100 spent with the card except on fuel spends.
- 5X RPs on spends on dining, grocery purchases, and departmental stores.
- Up to 50,000 Bonus Reward Points (equivalent to ₹12,500) every year on achieving the stipulated spend milestone.
- Free movie tickets (max benefit capped at ₹6,000 in a year).
- 2 free domestic lounge visits per quarter.
- 6 complimentary international lounge visits in a year (max 2 visits per quarter).
- Exclusive concierge service for assistance regarding online doctor consultation, flower delivery, and gift delivery.
Rewards
Earn 10 Reward Points per ₹100 spent on Dining, Grocery, and Departmental Stores (~2.5%). Earn 2 Reward Points per ₹100 on All Other Spends (~0.5%).
Redemption
1 Reward Point = ₹0.25 against gift vouchers, cash credit and more.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
dining | 2.5%(10 Reward Points/₹100 Spent) | No cap |
grocery | 2.5%(10 Reward Points/₹100 Spent) | No cap |
shopping | 2.5%(10 Reward Points/₹100 Spent) | No cap |
other | 0.5%(2 Reward Points/₹100 on All Other Spends) | No cap |
Benefits & Features
Domestic: 2 complimentary visits to domestic airport lounges every quarter (N/A) International: 6 complimentary visits to international airport lounges per year (max 2 per quarter) (Available via Priority Pass program) Full lounge access description
Fees & Charges
Eligibility
Available Networks
Pros & Cons
Pros
- Welcome benefits worth ₹5,000.
- 2 domestic lounge visits per quarter.
- 6 complimentary international lounge access in a year.
Cons
- Lower reward rate compared to other cards available.
Additional Info
Accelerated Reward Points capped at 10,000 RPs each calendar month.
Excluded Categories