SBI Card Miles Elite

Name: SBI Card Miles Elite
Brand: SBI Card

WalletWalk Rating

Best for frequent flyers with premium travel needs

Last updated: 23-Aug-2025

Overview

SBI Card Miles Elite

Pros

↑High Travel Credit rewards on travel spends
↑Complimentary Priority Pass and lounge access globally

Cons

↓Travel Credits have reduced value when redeemed for non-travel options like catalogue products
↓Annual fee reversal only on very high annual spending of ₹15L

Key Highlights

Welcome Offer
Spend ₹1L within 60 days of card issuance to receive 5,000 Travel Credits
Travel Credits credited on achieving ₹1,00,000 spends in 60 days

Reward Rate
- 6 Travel Credits / ₹200 on eligible spends
Travel Credits / ₹200 on travel spends
Travel Credits / ₹200 on other spends

Joining Fee
₹4999

Annual Fee
₹4999

Key Benefits

Bill Payment

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Pay bills using Easy Bill Pay

Dining

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2 Travel Credits / ₹200 on spends including dining

Food Delivery

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2 Travel Credits / ₹200 on spends including delivery

Fuel

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1% fuel surcharge waiver (₹500 / month cap)

Milestone

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20,000 Travel Credits on ₹12L annual spends

Premium

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Offers Priority Pass, air insurance, concierge-style services, and lounge access

Reward Points

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6 Travel Credits / ₹200 on travel
2 Travel Credits / ₹200 on all other spends

Shopping

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2 Travel Credits / ₹200 on spends including shopping

Travel

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6 Travel Credits / ₹200 on travel
2 Travel Credits / ₹200 on other spends

Airport Lounge Access

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6 visits / year through Priority Pass
8 visits / year + up to 15 milestone-based visits (MasterCard / Rupay program)

Liability Protection

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₹1L credit card fraud liability cover

Insurance

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₹1 Cr air accident insurance

Balance Transfer

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

Emi

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Convert purchases into EMI for transaction over ₹2,500

Detailed Information

Joining Fee	₹4999
Annual Fee	₹4999
Monthly Percentage Rate	3.50%
Annual Percentage Rate	42.00%
Foreign Currency Markup	3.50%
Late Payment Charges	₹400 - ₹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 Miles Elite

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

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