SBI Card ELITE

Name: SBI Card ELITE
Brand: SBI Card

WalletWalk Rating

Best for Travel, lifestyle, and movie benefits

Last updated: 23-Aug-2025

Overview

SBI Card ELITE is a premium credit card offering exclusive travel, shopping, and lifestyle privileges, with great rewards and milestone benefits for high-spending individuals.

Pros

↑Milestone benefits
↑Rewards on grocery

Cons

↓No insurance coverage
↓No annual waiver

Key Highlights

Welcome Offer
₹5,000 e-Gift voucher
₹5,000 e-Gift voucher, choose from brands like Yatra, Pantaloons, and more.

Reward Rate
5X, 2 RP / ₹100, 50,000 milestone RP
5X points on dining, groceries, and departmental stores
2 RP / ₹100 on other spends
Up to 50,000 Milestone RP annually

Joining Fee
₹4,999

Annual Fee
₹4,999
Annual fee waived with ₹10L annual spend

Key Benefits

Bill Payment

▼

Easy utility bill payments with Flexipay

Dining

▼

5X RP on dining

Fuel

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1% fuel surcharge waiver

Grocery

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5X RP on groceries

Milestone

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Earn RP worth ₹12,500 annually

Premium

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Dedicated assistance on Flower Delivery, Gift Delivery, Online Doctor Consultation

Reward Points

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5X, 2 RP/₹100, 50,000 milestone RP annually

Shopping

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Premium memberships and lifestyle brand vouchers including Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop

Merchant Offers

▼

Partnered offers with Mastercard, Visa, and Amex

Airport Lounge Access

▼

6 visits annually
2 visits annually

Liability Protection

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Fraud liability cover of ₹1L

Balance Transfer

▼

No interest if payment made within 60 days.
Can be taken for ₹5,000 to max 75% of credit limit

Detailed Information

Joining Fee	₹4,999
Annual Fee	₹4,999
Annual Fee Waiver	Annual fee waived with ₹10L annual spend
Monthly Percentage Rate	3.75%
Annual Percentage Rate	45.00%
Foreign Currency Markup	1.99%
Late Payment Charges	₹100 - ₹1,300 (Based on outstanding amount due)
Overlimit Charges	2.5% of the overlimit amount that exceeds the credit limit or ₹600
Cash Advance Fee	2.5% (subject to min. of ₹500)
Balance Transfer Fee	Within 60 days, 2% or ₹199 (whichever is higher). Within 180 days, interest charged at 1.7% p.m. (20.4% p.a) but nil fees"
Fee For Supplementary Card	No
Card Replacement Fee	₹100
Fee For Cheque Bounce	2% of Payment amount (subject to a min. of ₹500)

Identity Proof	Recent passport size photograph, Copy of masked Aadhaar / Virtual ID card (both sides mask first 8-digits of Aadhaar Number), Voter ID Card (both sides), Driving License\* (both sides), Passport (any one of the mentioned)
Address Proof	Copy of masked Aadhaar / Virtual ID card (both sides mask first 8-digits of Aadhaar Number), Letter issued by the National Population Register containing details of name and address, Job card issued by NREGA duly signed by an officer of the State Government, utility bill.
Income Proof Salaried	Salary Slip, Income tax return
Income Proof Self Employed	Registration certificate, CST/VAT/ GST certificate (provisional/final), Permanent Account Number or the equivalent e-document thereof or Form 60

SBI Card ELITE

Age Requirement Salaried	21 to 70 years
Age Requirement Self Employed	21 to 70 years
Minimum Credit Score	750

Age Requirement Salaried	21 to 70 years
Age Requirement Self Employed	21 to 70 years
Minimum Credit Score	750