SBI Card ELITE

Card Benefits

Key benefits available with this card.

Benefits will be added soon.

Welcome / Free Offer

Welcome benefit worth Rs 5,000 on card activation. Complimentary Club ITC Silver Tier Membership is also available subject to applicable SBI Card terms.

Value up to ₹5,000

Eligibility: Welcome benefit is subject to applicable SBI Card eligibility and welcome benefit terms. Club ITC Silver Tier Membership is subject to applicable terms.

Rewards & Points

How rewards are earned on this card.

Category	Reward	Details
Regular Purchases	2.0000 points / ₹100	Earn 2.0000 points for every ₹100 spent.
Dining, departmental stores and grocery spends earn 5X Reward Points. Other eligible spends earn 2 Reward Points per Rs 100.	SBI Reward Points	Earn 5.00X rewards on Dining, departmental stores and grocery spends earn 5X Reward Points. Other eligible spends earn 2 Reward Points per Rs 100..

Reward Point Value: ₹0.2500 per point as stored in the database.

Reward Exclusions: Reward exclusions and applicable SBI Card reward programme terms apply.

Airport Lounge Access

8 per year domestic lounge visits.

Spend requirement: 2 complimentary domestic airport lounge visits every quarter.

Fuel Surcharge Waiver

Waiver Rate 1.0000%

Maximum Monthly Waiver ₹250

Eligibility Criteria

Age

21 to 65 years

Employment

Salaried and Self-employed

Salaried Income

₹720,000 / month

Self-Employed

₹720,000 / year ITR

Credit Score

750+

New to Credit

Important Eligibility Information

Age: 21 to 65 years. Employment: Salaried and self-employed. Salaried minimum income: Rs 60,000 per month. Self-employed minimum income: Rs 7,20,000 per annum. Credit score: 750+ with no delayed payments in the past 12 months. New-to-credit not allowed.

Income: Salaried: minimum Rs 60,000 per month. Self-employed: minimum Rs 7,20,000 per annum.

Employment: Salaried and Self-employed

Credit Score: Credit score 750+ with no delayed payments in the past 12 months.

Documents Needed

ID Proof: PAN Card/Form 60

Address Proof: Aadhaar, Passport, or utility bills

Income Proof: Bank statements or salary slips

Photograph: Recent passport-sized photo

Fees & Charges

Standard Joining Fee

₹4,999

Annual Fee

₹4,999 + GST

Fee Terms: Joining Fee: Rs 4,999 + GST. Annual/Renewal Fee: Rs 4,999 + GST from the second year onwards. Renewal fee is waived when annual spends are Rs 10,00,000 or more in the previous year.

Pros

8 complimentary domestic lounge visits annually; 6 complimentary international lounge visits annually; Priority Pass membership for the first 2 years; 1.99% forex markup; 2 free BookMyShow movie tickets every month; milestone rewards up to 50,000 Reward Points annually; Rs 5,000 welcome benefit; Club ITC Silver Tier Membership; concierge service; 1% fuel surcharge waiver up to Rs 250 per month.

Cons

High Rs 4,999 + GST joining and annual fee. Annual fee waiver requires Rs 10 lakh annual spending. International lounge visits are subject to Priority Pass terms and applicable charges after complimentary visits.