State Bank of India
Premium · Elite
SBI Elite Credit Card
State Bank of India
Premium rewards on dining, groceries, and everyday luxury
Annual Fee
₹4,999
Joining Fee
₹4,999
Reward Rate
0.5%
Forex Markup
3.5%
Value Analysis
Annual Net Value
₹14,101
Total Annual Benefits
₹20,000
Total Annual Charges
₹5,899
ROI
239%
Fee Waiver Available
Annual fee waived on spending ₹10 Lakh in the preceding year — ₹10,00,000 annual spend
Card Analytics
Visual breakdown of value, benefits, and limits
Value Breakdown
Benefits Distribution
Transaction Limits
Card Scorecard
Charges Breakdown
Benefits & Perks
Airport Lounge Access (2)
Domestic Lounge Access
8 complimentary domestic airport lounge visits per year (2 per quarter)
- • 2 complimentary visits per quarter at domestic airports
8 visits/year
₹20,000/yr
International Lounge Access
2 complimentary international airport lounge visits per year via Priority Pass
- • Access via Priority Pass membership
2 visits/year
₹7,000/yr
Reward Points (2)
5X Reward Points on Dining, Groceries & Departmental Stores
Earn 10 reward points per ₹100 on dining, groceries, and departmental store spends
- • Applicable on dining, grocery, and departmental store transactions
10 RP per ₹100
Reward Points on All Other Spends
2 reward points per ₹100 on all other retail spends
2 RP per ₹100
Fuel Benefits (1)
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹500–₹4,000
- • Valid on transactions ₹500–₹4,000
- • Max ₹250 per statement cycle
1% waiver
₹3,000/yr
Dining Benefits (1)
Dining Privileges
Exclusive dining offers and discounts at premium restaurants across India
- • Select partner restaurants only
Up to 20% off
Reward Program
Program
SBI Reward Points
2 RP per ₹100 (5X on select categories)
Effective cashback: 0.50%
Points expire: 2 years from date of accrual
Redemption Options
- → Products & Vouchers (1 RP = ₹0.25)
- → Flights & Hotels
- → Cashback (1 RP = ₹0.20)
- → Statement Credit
Bonus Categories
Dining
5x multiplier
10 RP per ₹100 on dining spends
Groceries
5x multiplier
10 RP per ₹100 on grocery spends
Departmental Stores
5x multiplier
10 RP per ₹100 at departmental stores
Milestone Bonuses
20,000 bonus reward points on spending ₹5 Lakh annually
Spend ₹5,00,000 annually
20,000 Reward Points
Fees & Charges
| Charge | Amount |
|---|---|
| Joining Fee | ₹4,999 Excluding 18% GST |
| Annual Fee | ₹4,999 Excluding 18% GST |
| Add-on Card Fee | Free Free |
Transaction Charges
- Forex Markup
- 3.5%
- Interest Rate (Monthly)
- 3.5%
- Late Payment Fee
- ₹1,300
- Cash Advance Fee
- 2.5%
ATM Charges
- Own Bank Withdrawal
- ₹250
- Other Bank Withdrawal
- ₹250
- Intl. Withdrawal Fee
- 2.5% + ₹250
Fuel Surcharge Waiver
1% waiver on transactions between ₹500 – ₹4,000. Max waiver: ₹250/cycle.
Eligibility
Requirements
- Min. Monthly Income
- ₹60,000
- Min. Annual Income
- ₹7,20,000
- Min. Credit Score
- 750
- Age Range
- 21 – 65 years
- Employment
- Salaried, Self-Employed
Notes
- • Salaried: Minimum monthly income ₹60,000
- • Self-Employed: Minimum ITR of ₹7.2 Lakh p.a.
- • Age 21–65 years
- • Good credit history required
Insurance Coverage
Accidental Death
₹10.0 L
Permanent Disability
₹10.0 L
Lost Card Liability
₹5.0 L
Report within 24h
- • Air accident cover: ₹10 Lakh accidental death cover
- • Credit liability cover up to ₹5 Lakh
Airport Lounge Access
Domestic
8 visits/year
2 per quarter
~₹2,500/visit
International
2 visits/year
Via Priority Pass
~₹3,500/visit
Priority Pass Dreamfolks
- • Domestic: 2 complimentary visits per quarter
- • International: 2 complimentary visits per year via Priority Pass
Transaction Limits
ATM Withdrawal / Day
₹50,000
POS & E-Commerce / Day
₹5,00,000
Contactless / Txn
₹5,000
Features
Contactless payments EMV chip security Global acceptance Add-on cards available EMI conversion facility Concierge services Golf privileges at select courses Exclusive dining offers
EMI Options
Min. Transaction
₹2,500
Interest / Month
1.5%
Tenure Options
3, 6, 9, 12, 18, 24 months
Processing Fee
1%
Ready to Apply?
The SBI Elite Credit Card is a premium lifestyle card offering 5X reward points on dining, groceries, and departmental stores, 2 reward points per ₹10...
More from State Bank of India
SBI Card
Visa
Apollo SBI SELECT Credit Card
SBI Card
₹1,499/yr₹10,000/yr value
10 Reward Points per...2 Reward Points per ...1 Reward Point per ₹...
SBI Card
Mastercard
SBI AURUM Credit Card
SBI Card
₹9,999/yr₹2,00,000/yr value
4 Reward Points per ...Unlimited Domestic L...Unlimited Internatio...
SBI Card
Visa
BPCL SBI Credit Card
SBI Card
₹499/yr₹5,000/yr value
13X Reward Points on...5X Reward Points on ...Reward Points on All...
SBI Card
Visa
BPCL SBI Octane Credit Card
SBI Card
₹1,499/yr₹10,000/yr value
25 Reward Points per...10 Reward Points per...Reward Points on All...