Visa, Mastercard 📡 Contactless NFC

SBI Card ELITE

Joining Fee₹4,999

Annual Fee₹4,999

Forex Markup 1.99%

Apply & Earn ₹5000 →

⚖️ Card Verdict & Target Persona

Who Should Apply

Affluent lifestyle spenders looking for ₹5,000 welcome vouchers, 5X rewards on dining/groceries, 8 domestic + 6 international lounge visits, and hotel elite statuses.

Who Should Avoid

Users who cannot reach the ₹10 Lakh annual spend fee waiver or those seeking direct cashback.

🎁 Key Features & Highlights

✨

Exclusive Platform Reward

LTFCards Bonus

Claim an Amazon Gift Voucher worth up to ₹5000 directly upon successful card approval.

Claim ₹5000 & Apply →

🎉

Joining & Activation Welcome Gift

Welcome e-Voucher worth ₹5,000 (Yatra, Hush Puppies, Bata, Shoppers Stop, Aditya Birla) upon payment of joining fee and realization

5X Rewards on Dining & Groceries

Earn 5X Reward Points per ₹100 on Dining, Departmental stores, Groceries, and International spends.

Trident & Vistara Elite Statuses

Complimentary Trident Privilege Red Tier and Club Vistara Silver Tier memberships on joining.

Free Movie Tickets Worth ₹6,000/Year

Free movie tickets worth up to ₹6,000 annually on BookMyShow (up to ₹250 off per ticket twice a month).

💰 Reward Structure & Point Valuation

1 Reward Points = ₹0.25

Standard Base Earning

2 Reward Points per ₹100 spent on all other regular retail purchases (0.50% return; 1 RP = ₹0.25)

Accelerated / Partner Rate

5X Reward Points per ₹100 (1.25% return; 1 RP = ₹0.25) on Dining, Departmental Stores, Groceries, and International retail spends (capped at 10,000 points/month); Free movie tickets on BookMyShow (up to ₹250 off twice a month); Milestone bonus: 10,000 bonus points on ₹3L and ₹4L annual spends

Points Validity:24 Months

Redemption Fee: ₹99 + GST / cycle

Redemption Modes: Direct Statement Credit (1 RP = ₹0.25), SBI Rewards Catalog (Brand Vouchers & Flight Bookings)

🚫 No Reward Points / Cashback on:

Fuel Wallet Loads Government Transactions Rent Payments Utility Insurance Cash Advances EMI

🛋️ Airport Lounge Access & Spend Criteria

✓ Lounge Access Active

🛫

Domestic Lounge Visits2 complimentary domestic airport lounge visits per calendar quarter (8 visits/year)

🌐

International Lounge Visits6 complimentary international airport lounge visits per calendar year (max 2 per quarter) via Priority Pass

⚠️

Spend Criteria: None (Unconditional complimentary access)

⚡ Spend Milestones & Special Perks

Annual Fee Waiver ₹1,000,000/yr

Annual renewal fee of ₹4,999 + GST is waived off on spending ₹10,00,000 or more in the previous anniversary year

UPI Payments Support✗ Not Supported

UPI not supported on Visa/Mastercard network

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 (Capped at ₹250/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit21 - 60 Years

Min. Monthly Income₹100,000

Min. Credit Score720 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):3.50% per month (42.0% per annum)

Late Payment Penalties:Late payment charges slab-based up to ₹1,300

Official Bank Portal Application

Get the SBI Card ELITE

Annual Fee: ₹4,999/yr (Waivable)

Apply & Claim ₹5000 →

Personalized Card Matcher

Still Confused About Your Best Match?

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Frequently Asked Questions

No, SBI Card ELITE has a joining fee of ₹4999 and an annual renewal fee of ₹4999 (plus applicable taxes).

SBI Card ELITE ₹4,999/yr