Credit Card

SBI ELITE Credit Card, Rewards and Benefits, Joining Fees & amp; Charges, Apply Online

SBI ELITE Credit Card: Introducing the SBI ELITE Credit Card, a premier offering by SBI Card, designed to cater to the discerning needs of individuals seeking premium privileges and value-added benefits. With an annual membership fee of Rs. 4,999, this card stands as a testament to luxury and exclusivity in the realm of credit cards.

As SBI Card’s second most premium offering following the launch of the SBI AURUM Credit Card, the SBI ELITE Credit Card boasts a plethora of best-in-class privileges, ensuring an unmatched cardholder experience. From complimentary domestic and international lounge visits to exclusive shopping vouchers and discounted rates on hotel bookings, this card is synonymous with luxury and sophistication.

In terms of rewards, cardholders earn 2 Rewards Points on every Rs. 100 spent, translating to a reward rate of 0.5% (where 1 Reward Point = Rs. 0.25). Additionally, enjoy 5X Reward Points per Rs. 100 on departmental store purchases, dining, and grocery spends, offering a reward rate of 2.5%.

Available in three variants – Visa, MasterCard, and American Express – each variant offers its own unique set of benefits. While most privileges remain consistent across all variants, there are exclusive benefits tied to each payment network. For instance, the MasterCard variant offers complimentary golf games, while the AmEx variant provides discounted dining rates, adding a touch of exclusivity to your cardholder experience.

Discover the epitome of luxury and exclusivity with the SBI ELITE Credit Card, where every transaction is a step towards unlocking a world of premium privileges and unforgettable experiences.

Fees Joining Fee- Rs. 4,999 + GST
Renewal Fee-Rs. 4,999 + GST
Best Suited For

Movies | Travel | Shopping

Reward Type Reward Points
Welcome Benefits E-vouchers worth Rs. 5,000 from any one of the brands, including Yatra, Aditya Birla Fashion, Hush Puppies/Bata, Pantaloons, and Shoppers Stop.

Rewards and Benefits

Embark on a Journey of Rewards and Experiences with Your Credit Card

Introducing a credit card that redefines the way you experience movies, dining, and more. With a plethora of benefits and privileges, this card promises to elevate every aspect of your lifestyle. Let’s explore the exclusive features of this exceptional credit card:

  • Movie Magic:- Enjoy the magic of the silver screen with free movie tickets every month. With a maximum benefit capped at Rs. 6,000 per year and Rs. 250 per ticket, you can indulge in cinematic experiences like never before. This offer is valid for at least 2 tickets per booking per month, ensuring endless entertainment.
  • Dining Delights:- Savor delectable dining experiences with up to 25% discount at partner restaurants, exclusively with the American Express variant of the card. Treat your taste buds to culinary delights and enjoy unparalleled savings on your dining expenses.
  • Rewarding Transactions:- Earn 2 Reward Points for every Rs. 100 spent on retail purchases, and enjoy 5X Reward Points on dining spends, departmental stores, and grocery purchases, with a rewarding rate of 2.5%. Accumulate points effortlessly and redeem them for a variety of options, including gift vouchers or for paying the outstanding balance of your card, with 1 Reward Point equivalent to Rs. 0.25.
  • Luxurious Travel Experience:- Embark on unforgettable journeys with complimentary CV (Club Vistara) Membership, granting you access to exclusive travel privileges. Additionally, enjoy complimentary Trident Privilege Red Tier membership and free domestic and international airport lounge access, ensuring a seamless and luxurious travel experience every time you fly.
  • Golfing Getaways:- Unleash your passion for golf with exclusive benefits tailored for enthusiasts. Enjoy 4 complimentary rounds of green fees, along with up to 50% off on golf games and 1 free lesson per month at selected golf courses across the country, available exclusively with the MasterCard variant of the card.
  • Exclusive Lounge Access:- Relax and unwind in style with 2 complimentary visits to domestic airport lounges every quarter, and indulge in luxury with 6 complimentary visits to international airport lounges per year, with a maximum of 2 visits per quarter, courtesy of the Priority Pass program.
  • Comprehensive Insurance Coverage:- Rest easy knowing that you are protected against unauthorized transactions with zero liability protection. Benefit from an insurance cover worth Rs. 1 lakh, applicable from 48 hours prior to 7 days post reporting the loss of your card to the bank, providing you with peace of mind and financial security.

Fees & Charges

Experience Elevated Benefits with Your Premium Credit Card

Introducing a credit card that goes beyond the ordinary, offering exclusive privileges and rewards tailored to meet your lifestyle needs. Elevate every aspect of your financial journey with a host of premium features. Let’s explore the unique advantages of this distinguished credit card:

  • Spend-Based Waiver:- Enjoy the convenience of a waived renewal fee of Rs. 4,999 upon achieving annual spends of Rs. 10 lakh or more in the preceding year. With this generous offer, you can continue to access the premium benefits of your credit card without any additional costs.
  • Effortless Rewards Redemption:- Redeem your rewards with ease, with a nominal redemption fee of just Rs. 99 (plus applicable taxes) per redemption request. Unlock a world of possibilities as you exchange your accumulated rewards for a variety of offerings, from gift vouchers to statement credits.
  • Global Spending Power:- Travel the world with confidence and convenience, thanks to a low foreign currency markup fee of just 1.99% of the transaction amount. Say goodbye to excessive fees and embrace seamless international transactions wherever your adventures take you.
  • Competitive Interest Rates:- Benefit from competitive interest rates, with a rate of just 3.50% per month (42% per annum). Whether it’s everyday purchases or special indulgences, enjoy the flexibility of favorable interest rates on your credit card transactions.
  • Fuel Surcharge Waiver:- Maximize savings on fuel expenses with a fuel surcharge waiver of 1% on transactions between Rs. 500 and Rs. 4,000 at all fuel stations across India. With a maximum waiver capped at Rs. 250 per month, enjoy reduced costs every time you refuel your vehicle.
  • Convenient Cash Advances:- Access cash whenever you need it with convenient cash advance options. Benefit from cash advance charges of 2.5% of the transaction amount, subject to a minimum charge of Rs. 500, ensuring flexibility and accessibility in managing your finances.
  • Complimentary Add-On Card:- Share the benefits of your premium credit card with your loved ones with a complimentary add-on card. Extend the privileges and experiences of your credit card to family members at no additional cost, enhancing their financial journey as well.

Product Details

  • SBI ELITE Credit Card, a prestigious offering that epitomizes luxury, convenience, and unparalleled rewards. Crafted to cater to the discerning needs of elite cardholders, this card sets the standard for premium banking experiences.
  • As a token of appreciation, receive a lavish Gift Voucher worth Rs. 5,000 as a welcome benefit upon acquiring the card, setting the stage for indulgent experiences from the outset.
  • Earn 2 Reward Points for every Rs. 100 spent with the card, excluding fuel purchases. Additionally, enjoy an impressive 5X Reward Points on dining, grocery purchases, and departmental store transactions, accelerating your rewards accumulation and ensuring every expenditure is rewarded generously.
  • Maximize your rewards potential with the opportunity to earn up to 50,000 Bonus Reward Points annually upon achieving specified spend milestones, equivalent to Rs. 12,500, further enhancing the value of your card membership.
  • Experience the magic of the silver screen with complimentary movie tickets, with a maximum benefit capped at Rs. 6,000 annually, allowing you to enjoy your favorite films without any additional expense.
  • Indulge in the luxurious privileges of complimentary Club Vistara Membership and Trident Privilege Membership, unlocking a world of exclusive benefits and perks with leading hospitality and airline partners.
  • Relax and unwind in style with 2 free domestic lounge visits per quarter, ensuring comfort and convenience during your travels. Additionally, enjoy 6 complimentary international lounge visits annually, with a maximum of 2 visits per quarter, further enhancing your travel experiences.
  • Stay protected with complimentary lost card liability cover worth Rs. 1 lakh, providing peace of mind in the unfortunate event of card loss or theft.
  • Experience seamless international transactions with a lower forex mark-up fee of just 1.99% of the withdrawn amount, ensuring cost-effective spending worldwide.
  • Access personalized assistance with an exclusive concierge service, offering support for online doctor consultations, flower deliveries, gift arrangements, and more, ensuring your every need is met with utmost care and attention.
  • Unlock exclusive privileges from Visa, MasterCard, or American Express, further enhancing the value of your card membership with bespoke benefits tailored to your lifestyle.
  • Discover the pinnacle of luxury, convenience, and rewards with the SBI ELITE Credit Card, where every feature is meticulously crafted to elevate your banking experience to new heights.



Experience a warm welcome with generous welcome benefits valued at Rs. 5,000 upon acquiring the SBI Elite Credit Card.
Indulge in luxury and relaxation with the privilege of accessing 2 domestic lounge visits per quarter and enjoying 6 complimentary international lounge visits annually.


The reward rate offered by this card may be lower compared to other available cards, potentially limiting the overall benefits and rewards for cardholders.

SBI ELITE Credit Card Features & Benefits

Introducing the SBI Elite Card, a distinguished offering from SBI Card that sets the standard for premium banking experiences. Packed with an array of enticing privileges, this card ensures that every aspect of your financial journey is accompanied by exclusive benefits and rewards. Let’s explore the detailed features and benefits of the SBI Elite Card:

Welcome Benefits

Upon acquiring the SBI Elite Card, you are greeted with a delightful welcome gift in the form of a Gift Voucher valued at Rs. 5,000. Choose from a selection of renowned travel and lifestyle brands, including Yatra, Bata/Hush Puppies, Aditya Birla Fashion (Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, Simon Carter), Pantaloons, and Shoppers Stop, allowing you to kickstart your card membership with a touch of luxury and indulgence.

Milestone Benefits

Unlock additional rewards with up to 15,000 Bonus Reward Points upon achieving specified spend milestones. Whether you’re shopping, dining, or traveling, every transaction brings you closer to earning exciting rewards, enhancing the value of your card membership.

Fee Waiver

Enjoy the added convenience of an annual fee waiver upon reaching spends of Rs. 10 lakh, ensuring that the benefits of your SBI Elite Card are accessible without any additional financial burden. With this feature, you can maximize the value of your card membership while enjoying the privileges and rewards that come with it.

Discover a world of luxury, convenience, and rewards with the SBI Elite Card, where every transaction is an opportunity to elevate your banking experience and indulge in exclusive benefits tailored to your lifestyle.

Spend Milestone Bonus Reward Points
Rs. 3 lakh 10,000
Rs. 4 lakh 10,000
Rs. 5 lakh 15,000
Rs. 8 lakh 15,000

Introducing the SBI Elite Credit Card, a premium offering from SBI Card that redefines luxury and convenience in the world of credit cards. Designed to cater to the discerning needs of elite cardholders, this card offers a plethora of exclusive benefits across various categories, ensuring an unparalleled cardholder experience. Let’s delve into the detailed features and benefits of the SBI Elite Credit Card:

Travel Benefits

Unlock a world of luxury travel with complimentary Club Vistara Silver-tier Membership and Red Tier membership to Trident Privilege. Enjoy complimentary access to international and domestic airport lounges, providing comfort and relaxation during your travels. Avail up to a 15% discount at Lalit and F&B hotels (for the MasterCard variant), along with exclusive privileges at over 900 luxury hotels (for the Visa variant). Additionally, enjoy discounts on Hertz and Avis car rentals, exclusive to Visa variant holders, and complimentary access to VIP upgrades and privileges at select hotels with the Tablet Plus membership (for AmEx variant holders).

Movie and Dining Benefits

Indulge in entertainment and dining with complimentary or discounted movie tickets every month, along with exciting offers at partnered restaurants. Enjoy up to 25% off at partnered restaurants with the American Express variant.

Golf Benefits

Experience the thrill of golf with 4 free green fee rounds and up to 50% discount on all golf games, along with a complimentary golf lesson each month at select golf courses across India. This benefit is exclusive to MasterCard variant holders.

Concierge Service

Access dedicated concierge services for assistance with flower and gift delivery, as well as online doctor consultations, ensuring your every need is met with utmost care and attention.

Lower Foreign Markup Fee

Enjoy the convenience of lower foreign currency markup fee, set at 1.99% of the transaction amount, ensuring cost-effective international transactions.

Fee Waiver

Benefit from an annual fee waiver upon reaching spends of Rs. 10 lakhs in the previous year, ensuring continued access to the card’s premium features and benefits.

Fuel Surcharge Waiver

Avail a 1% fuel surcharge waiver on all fuel transactions between Rs. 500 and Rs. 4,000, with a maximum benefit capped at Rs. 250 per month.

Reward Points

Earn 2 Reward Points for every Rs. 100 spent with the card and enjoy 5X Reward Points per Rs. 100 spent on departmental stores, dining, and grocery spends, maximizing your rewards potential.

Redemption Options

Redeem your Reward Points against e-vouchers or products from SBI Card’s official website or mobile app, or use them to offset the outstanding balance of the card via Internet banking, with 1 Reward Point equivalent to Rs. 0.25.

Fees & Charges

The SBI Elite Credit Card comes with an annual fee of Rs. 4,999, which is waived off on spending Rs. 10 lakhs or more in the previous anniversary year. The card carries an interest rate of 3.5% per month (42% annually), along with nominal charges for foreign currency transactions and cash withdrawals.

Eligibility & Documentation

To be eligible for the SBI Elite Credit Card, applicants must meet the basic eligibility criteria set by the issuer. Additionally, they must provide the required documentation as per the card issuer’s guidelines.

In conclusion, the SBI Elite Credit Card stands as a symbol of luxury, convenience, and unparalleled privileges, offering a host of benefits across various categories to elevate the cardholder’s lifestyle. With its exclusive features and rewards, this card is truly a class apart, catering to the needs and preferences of elite customers.

Criteria Age Income
Self Employed individuals 21 years to 60 years Rs. 60,000 per month or more
Salaried individuals 18 years to 65 years Rs. 60,000 per month or more

Presenting the SBI Elite Credit Card, an epitome of luxury and convenience, offering an array of exclusive privileges across various categories. Let’s delve into the comprehensive details about the SBI Elite Credit Card, including application, benefits, payment methods, and more.

Documents Required for Application: To apply for the SBI Elite Credit Card, ensure you have the following documents handy:

  • Identity Proof: Voters’ ID, Aadhar Card, PAN Card, Driving License, etc.
  • Address Proof: Utility bills, Aadhar Card, Driving License, Passport, etc.
  • Income Proof: Latest 3 months’ bank statements, latest 3 months’ salary slips, or latest audited ITR.

SBI Elite Credit Card Limit: As a premium credit card, the SBI Elite Credit Card offers a high credit limit tailored to suit the individual needs of cardholders. The credit limit may vary based on past payment history and credit score. Cardholders can request a higher credit limit if needed, by contacting the credit card customer helpline or through the SBI Card internet banking portal.

Activation & PIN Generation: To activate your SBI Elite Credit Card or generate its PIN, follow these simple steps:

  • Log in to your SBI Card internet banking account to generate/change your credit card PIN online.
  • Visit a nearby SBI ATM and select the option for credit card PIN generation from the main menu.
  • Contact SBI Card customer care for assistance if you encounter any issues during PIN generation.

Application Process: Apply for the SBI Elite Credit Card through convenient online or offline channels. To apply online, visit the SBI Card website and follow the application process. For offline application, visit the nearest SBI branch with the required documents and fill out the application form.

Checking Application Status: Track the status of your SBI Elite Credit Card application through the SBI Card website. Alternatively, contact SBI Card customer care or visit your nearest SBI branch for assistance with application status inquiries.

Bill Payment Options: Make hassle-free credit card bill payments using various methods:

  • SBI billdesk: Enter required details and proceed with payment.
  • SBI YONO app: Register, link your credit card, and make payments under the ‘pay’ section.
  • ATM: Visit an SBI ATM and select the credit card bill payment option from the main menu.
  • Offline methods: Visit a branch to make payments via cash/cheque or drop a cheque at an ATM dropbox.

Login/Internet Banking: Register your SBI Elite Credit Card for internet banking by following these steps:

  • Visit the official SBI Card website and click on ‘New User? Register Now.’
  • Enter required details, verify OTP, and complete registration to access internet banking services.

Customer Care: Contact SBI Card customer care for queries or assistance:

  • Helpline numbers: 1800 180 1290 (toll-free), 1860 500 1290, 1860 180 1290, or add local STD prefix and dial 39 02 02 02.
  • Email:
  • Twitter: @SBICard_Connect

Eligibility: To qualify for the SBI Elite Credit Card, meet the eligibility criteria including high annual income and excellent credit score. Build a good credit history and ensure income requirements are met for successful card approval.

Advantages and Disadvantages: Evaluate the pros and cons of the SBI Elite Credit Card before applying: Advantages:

  • Comprehensive privileges across various categories, ideal for all-in-one card usage.
  • Opportunity to waive off annual fee with minimum annual spending.
  • Excellent travel and lifestyle benefits for frequent travelers and luxury enthusiasts.


  • Relatively lower reward rate compared to other premium cards.
  • High annual fee of Rs. 4,999 may not be suitable for all cardholders.

In conclusion, the SBI Elite Credit Card offers a blend of luxury, convenience, and rewards, making it an attractive choice for discerning individuals seeking premium benefits. Evaluate your needs and preferences to determine if this card aligns with your lifestyle and financial goals.

Cards Similar To SBI Card ELITE

Category SBI Card Elite HDFC Diners Club Black Credit Card ICICI Sapphiro Credit Card
Annual Fee
  • Rs. 4,999
  • Rs. 10,000
  • Rs. 6,500 (joining fee)Rs. 3,500 (annual fee)
Rewards Rate
  • 2 Reward Points on every Rs. 100 spent.
  • 5x Reward Points on dining, groceries, and departmental stores.
  • 5 Reward Points on every spend of Rs. 150.
  • 2x RPs on weekend dining.
  • Up to 6 Payback Points on every international spend of Rs. 100.Up to 3 Payback points on every domestic spend of Rs. 100.
Reward Redemption
  • 1 Reward Point = Re. 0.25 for redemption against gift vouchers, products, and cashback.
  • 1 Reward Point = Re. 1 for redemption against flight/hotel bookings, 1 RP = Re. 0.5 for redemption against product catalogue.
  • 1 Payback Point = Re. 0.25
Additional Benefits
  • Complimentary Club Vistara and Trident Privilege memberships. Up to 50,000 bonus Reward Points every year.
  • Complimentary domestic and international lounge access every year.
  • Up to 2 complimentary movie tickets every month.
  • Complimentary Club Marriott, Amazon prime, and Zomato Gold membership.Unlimited complimentary domestic and international lounge access.
  • Complimentary rounds of golf every quarter.
  • Complimentary domestic and international lounge access.Buy 1 get 1 free offer on movies on BookMyShow.
  • Up to 20,000 Payback Points every year on achieving the spend milestone.

SBI ELITE Credit Card Review

SBI ELITE Credit Card stands out as a premium offering with a myriad of benefits and privileges spanning all spending categories. Boasting a generous reward rate of 2.5% on dining, departmental stores, and grocery spends, it also provides a lower reward rate of 0.5% on other expenditures.

This credit card caters primarily to individuals with high income levels who indulge in substantial spending on shopping and travel. In comparison to competitors like HDFC’s Regalia Credit Card, featuring an annual fee of Rs. 2,500, and ICICI’s Sapphiro Credit Card, with an annual fee of Rs. 6,500, SBI’s Elite Credit Card holds its ground firmly.

The premium offering from SBI Card exhibits competitive advantages, particularly for those seeking robust rewards and exclusive privileges across various spending categories. However, it’s essential to assess individual preferences and spending habits to determine the most suitable option.

For those already wielding the card, sharing personal experiences can offer invaluable insights to prospective users, aiding them in making informed decisions. Your feedback can shape the decision-making process for others, facilitating a more seamless selection of credit cards tailored to their needs and preferences.

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