SBI Card Elite Advantage

The features of SBI Elite Credit Card are given below:

Welcome Gift: Vouchers worth Rs. 5,000 from different travel and lifestyle brands like Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop.

Movie Offer: Free movie tickets worth up to Rs. 6,000 every year. To avail this offer, customers must book at least 2 tickets every month.

Milestone Bonus: 50,000 bonus reward points worth Rs. 12,500 per year in the following manner:

• 10,000 bonus reward points can be earned on spending Rs. 3 lakh and 4 lakh in a year
• 15,000 bonus reward points will be earned on achieving an annual spend of Rs. 5 lakh and Rs. 8 lakh

Annual Fee Waiver: Reversal of annual fee on spending over Rs. 10 lakh in a year.

ELITE Rewards: Earn reward points in the following manner:

• 5X reward points on dining, departmental stores and grocery spends
• 2 reward points per Rs. 100 on all other expenses, except fuel
• 2 reward points on every Rs. 100 spent on international transactions

Airport Lounge Access: Up to 6 free International airport lounge visits per year, and 2 complimentary domestic airport lounge access per quarter.

Club Vistara Membership: Complimentary Club Vistara Silver Tier membership that gives the cardholder following benefits:

• 1 complimentary upgrade voucher
• 9 Club Vistara points for every Rs. 100 spent on Vistara flights

Trident Privilege Membership: Enjoy complimentary Trident Privilege Red Tier membership as per below details:

• Exclusive 1,000 welcome points on registration
• 1,500 bonus points on your first stay & additional Rs. 1,000 hotel credit on an extended night stay, by clicking here & using Promo code: SBITH

Concierge Services : Avail concierge service to book flight tickets, holiday packages, movie, and hotel reservations.

Customers can also avail the following benefits:

Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions made at all fuel stations. The fuel surcharge waiver is applicable on transactions between Rs. 500 to Rs. 4,000.

Global Acceptance: The card is accepted in over 24 million outlets across the world, including 3,25,000 outlets in India.

Security: The credit card is safeguarded against fraudulent transactions and identity theft via a chip. It also requires a pin to complete a transaction.

Balance Transfer Facility: Transfer outstanding balance from other cards and payback in easy EMIs with a nominal interest rate.

Fraud Liability Cover: Free credit card fraud liability cover up to Rs. 1 lakh.

Flexipay: Convert transactions over Rs. 2,500 into EMIs using this facility.

Easy Money: Get a cheque or draft made against your cash limit and get it delivered to your doorstep.

Add-on Cards: Share the benefits of the card by getting add-on cards for immediate family members who are above 18 years of age.

Emergency Card Replacement: Get a replacement credit card by calling the 24×7 helpline. The numbers are – (prefix STD Code) 39020202 or 1860 180 1290 for card replacement.

Lowest Forex Markup: Your SBI Card ELITE gives you the privilege of lowest foreign currency mark-up fees, i.e., 1.99% on international usage.

The fees and charges associated with SBI Card Elite Advantage are mentioned in the table below:

Fees/Charges	Amount/Rate
Annual Fee	Rs. 4,999 (One-time)
Renewal Fee	Rs. 4,999 (Per annum)
Extended Credit Charges	3.50% p.m. (42% p.a.)
Late Payment Fee	For Statement Balance Less than Rs. 500 – Nil Rs. 500 up to Rs. 1,000 – Rs. 400 Rs. 1,000 up to Rs. 10,000 – Rs. 750 Rs. 10,000 up to Rs. 25,000 – Rs. 950 Rs. 25,000 up to Rs. 50,000 – Rs. 1,100 Amount over Rs. 50,000 – Rs. 1,300

Click here to check other associated fees and charges.

In order to apply for SBI Card Elite Advantage, customer must meet the following criteria:

• Age of salaried customers must be between 21 to 70 years
• Age of self-employed customers must be between 25 to 70 years
• The applicant must be an Indian citizen
• The applicant must have a valid credit score

Customers must submit copies of important documents such as proof of identity, address and income along with the PAN Card to process credit card applications.

Click here for the list of acceptable documents.

SBI Card Elite Advantage is currently not being sourced by Paisabazaar. If you wish to apply for the same, kindly visit SBI Card’s official website or the nearest branch of SBI Bank.

Suggested read: Best credit cards in India

What is the annual fee for SBI Card Elite Advantage?
The annual fee is Rs. 4,999 for SBI Card Elite Advantage.

Is there an add-on fee charged on this credit card?
No, there is no add-on fee charged on this credit card.

What is the cash advance limit for SBI Card Elite Advantage?
The cash advance limit for any SBI card is revealed via Welcome Kit.

Does SBI Card Elite Advantage come with Magstripe?
Yes, the card comes with both Magstripe and Chip to provide security.

What is the foreign transaction mark-up fee for this credit card?
The foreign transaction mark-up fee of SBI Card Elite Advantage is 1.99%.