customer-support

Talk to Expert

Sales Enquiry
Call Us: 1800 570 3888
Service Helpline
Call Us: 1800 258 5616

Our Advisors are available 7 days a week, 9:30 am - 6:30 pm to assist you with the best offers or help resolve any queries.

Get the App
get-the-app-mobile
Download the
Paisabazaar app Today!

Get instant access to loans, credit cards, and financial tools — all in one place

get-the-app-qr

Scan to download on

play-app-store
Paisabazaar Logo
meter
  • Home /
  • Credit Card /
  • SBI Credit Card /
  • SBI Elite Credit Card
    • Image of SBI Card ELITE
    SBI Cards

    SBI Card ELITE

    cat name Lounge Access
    cat name Movies
    cat name Rewards
    3.5/5.0

    Travel3.5/5

    Rewards3.5/5

    Welcome Benefits4.0/5

    Rewards Flexibility3.0/5

    Know More
    Paisabazaar Review

    1st Year Fee: ₹4,999* Plus Applicable Taxes

    Movie Benefits

    Movie Benefits

    Movie tickets worth Rs. 6,000 every year

    Milestone Benefits

    Milestone Benefits

    Up to 50,000 bonus reward points annually

    Welcome Benefit

    Welcome Benefit

    Vouchers worth Rs. 5,000 on card activation

    Updated on January 9, 2026 1:59 pm

    Author: Rupanshi Thapa

    Find Best Credit Card Offers

    It hardly takes 2 minutes

    +91 0 /10 Digits

    Don't worry, this will not affect your credit score

    The entered number doesn't seem to be correct

    By submitting this form, you have read and agree to the Credit Report Terms of Use, Terms of Use & Privacy Policy
    Please accept the undertaking to proceed further

    meter
    About The CardReward DetailsBenefits & PrivilegesSavings CalculatorFees & ChargesThings to KnowCard ReviewFAQs

    About SBI Card ELITE

    SBI Card ELITE is an all-rounder card offering benefits across multiple categories including movies, dining, rewards and more. Cardholders can earn decent rewards on their everyday spends along with substantial milestone benefits, making it a good choice for high-spenders. The card also offers movie tickets worth Rs. 6,000 in a year along with travel benefits like complimentary domestic and international lounge access and low foreign exchange mark-up fee.

    Consumers who can maximize the movie benefit and spend a good amount through the card would be able to compensate for the fee charged. However, those who specifically seek travel benefits should look for other cards that offer benefits more inclined towards travel, such as Axis Atlas, or an airline co-branded credit card of their preference. High-spenders can also consider premium cards that comes with a high reward rate along with substantial benefits on travel and lifestyle spends, such as HDFC Diners Club Black or YES Marquee Credit Card.

    Rewards Program & Milestone Benefits

    Rewards Program

    • 5X Reward Points on Dining, Departmental stores and Grocery Spends1
    • 2 Reward Points per Rs. 100 on all other spends2
    • 4 Reward Points= Rs. 1

    Milestone Benefits

    Cardholders can get up to 50,000 Bonus Reward Points worth Rs. 12,500 in a year in the following manner:

    • 10,000 bonus rewards each on spending Rs. 3 Lakh and Rs. 4 Lakh in a year
    • 15,000 bonus reward points on spending Rs. 5 Lakh in a year
    • Additional 15,000 rewards on reaching annual spends of Rs. 8 Lakh

    Also Read: Best credit cards in India 2026

    Image of null
    Despite charging a significantly high annual fee of Rs. 4,999, SBI Card ELITE’s reward rate of 2.5% (on the accelerated category) is lower than many entry-level and mid-range cards. SBI Card’s own Cashback Credit Card offers 5% value-back across all online spends, at an annual fee of Rs. 999.  Earlier the card offered complimentary Trident Red Tier and Club Vistara Silver Tier memberships, which added significant value for travellers. However, now both memberships have been discontinued, leaving travellers with only lounge access feature to avail.
    Image of null

    Other Features & Benefits

    • Welcome Benefit: Vouchers worth Rs. 5,000 from any of the following brands- Bata/Hush Puppies, Pantaloons, Yatra, Shoppers Stop or Aditya Birla Fashion
    • Movie Benefit: 2 complimentary movie tickets worth Rs. 250 each per month from BookMyShow
    • Domestic Lounge Access: 2 complimentary Domestic Airport Lounge visits every quarter in India. For list of lounges visit Visa/ Mastercard/American Express**
    • Priority Pass Membership: Complimentary membership to the Priority Pass Program worth $99
    • Low Forex Mark-up Fee: Comparatively lower foreign exchange mark-up fee of 1.99% on International usage
    • International Lounge Access: 6 complimentary Airport Lounge visits per calendar year, outside India (max. 2 visits per quarter)

    Also Read: International Lounge Access credit cards

    View More

    Savings Calculator

    ₹

    This is mandatory field

    If you spend upto ₹0/yr

    Spend Rewards₹0

    Milestone Benefits₹0

    You save₹0

    ₹4,999 Plus Applicable Taxes

    NA

    ₹4,999 Plus Applicable Taxes

    Waived off on annual spends of Rs. 10 lakh

    Need Help understanding?

    Ask Your Question

    SBI Card ELITE Fees and Charges

    Fee Type Amount
    Joining Fee Rs. 4,999 + Taxes
    Annual Fee Rs. 4,999 + Taxes
    Finance Charges 3.50% p.m. | 42% p.a.
    Late Payment Charges
    For Statement Balance:
    Less than Rs. 500 Nil
    Rs. 500 to Rs. 1,000 Rs. 400
    Rs. 1,000 to Rs. 10,000 Rs. 750
    Rs. 10,000 to Rs. 25,000 Rs. 950
    Rs. 25,000 to Rs. 50,000 Rs. 1,100
    Above Rs. 50,000 Rs. 1,300

    Things to Know Before you apply

    Get this card if:

    You put most of the expenses on your credit card every month

    You go out for movies and dining many times in a month

    Complimentary domestic and international lounge access is a valuable feature for you

    You would like to earn accelerated rewards on grocery and departmental store spends

    Eligibility Criteria

    Age: 21 to 70 years

    Occupation: Salaried or Self-employed

    Documents Required: PAN, Aadhaar or any other government approved photo ID and address proof, along with last 3-month’s salary slip or bank statement as proof of income

    Paisabazaar Review

    Overall Rating

    3.5/5

    Travel3.5/5

    Rewards3.5/5

    Welcome Benefits4.0/5

    Rewards Flexibility3.0/5

    What do we like about this card?

    SBI Card ELITE offers a decent reward rate across quite practical categories like grocery and dining. Moreover, movie benefit on the card is excellent wherein cardholders can get free movie tickets worth Rs. 6,000 in a year. This benefit alone can compensate for the card’s annual fee of Rs. 4,999, if maximized. Overall, the card stands a good option for people who regularly spend a considerable amount across the bonus categories and seek movie benefits from the card.

    Pros

    • Accelerated rewards on everyday spends like grocery, dining and departmental store purchases
    • Good lounge access benefit at domestic as well as international airports
    • Complimentary movie tickets worth Rs. 6,000 every year
    • Low forex mark-up fee of 1.99%

    Cons

    • Base reward earning rate is low for transactions outside the accelerated category
    • Reward redemption rate stands quite low at Rs. 0.25
    • No travel benefits other than complimentary lounge access

    Conclusion

    Though SBI Card ELITE charges a high annual fee, the value-back (2.5%) offered through its rewards program is not impressive, especially in a market where many mid-range cards offer up to 5% value-back. Club Vistara and Trident Hotel membership has also been discontinued, which again reduces the card’s overall proposition an an all-rounder option. While the first-year fee is completely compensated for in the form of vouchers, second year onwards consumers would have to spend at least Rs. 10 Lakh in a year to get the fee waived off. Spending such a substantial amount through a card that features an average reward rate of 2.5% is perhaps not a good idea. Before getting the card, consumers should explore other entry-level and mid-range card options with good reward rate.

    meter

    Frequently Asked Questions

    Everything you need to know about this credit card

    The reward points accumulated on SBI credit cards can be redeemed online by logging into SBI Card’s official website. They can also be redeemed by visiting the partner merchant store. Alternatively, you can also call on SBI Card helpline 39020202 (prefix local STD code) to redeem your reward points. Points can be redeemed in the multiples of 2000 points unless otherwise stated.

    Yes. SBI ELITE credit card is accepted at over 24 million Visa outlets worldwide, including 3,25,000 outlets in India.

    Yes, SBI Elite Credit Card offers fuel surcharge waiver. It can be availed at any petrol pump in India.

    Yes, SBI Card Elite credit card provides the facility of ‘Balance Transfer’ through which you can transfer balances from other bank’s credit cards to SBI Card Elite.

    Yes, you get a cover of Rs. 1 Lakh against fraudulent transactions.

    In case you lose your SBI Elite Credit Card when travelling to a foreign country, you can call on a 24×7 Visa helpline number to get it replaced.

    When booking tickets on the BookMyShow App or website, you have to apply the SBI Signature/ELITE Credit Card offer under the ‘Unlock Offer/Apply Promocode’ section. You have to book minimum two tickets to avail the offer and a maximum discount of Rs. 500 can be availed.

    SBI Elite is a decent all-rounder credit card as it caters to some everyday spends like grocery, departmental stores and dining. The card also charges a low forex mark-up fee and provides complimentary Priority Pass membership, along with free domestic and international lounge visits. However, the reward rate on the card is too low for the annual fee charged. If you are looking for all-round benefits, getting a premium credit card like HDFC Diners Club Black or ICICI Emeralde Private would be better.

    SBI Prime and SBI Elite both offer similar benefits around rewards, lounge access, etc. along with network-based benefits. SBI PRIME is available at an annual fee of Rs. 2,999 whereas SBI ELITE charges Rs. 4,999. ELITE provides a higher number of free lounge visits, low forex mark-up fee benefit and golf benefits, which are not available on the PRIME Card.

    You will receive an SMS on your registered mobile number within 15 days of joining fee deduction from your card amount. The SMS will include the e-voucher options. You can respond with the given code and the e voucher will be sent to your mobile number within 30 days.
    img

    Need More Help?

    Leave a comment or ask a question!

    Ask Your Question

    Footnotes

    1. Cumulative capping of 10,000 reward points per month on dining, grocery and departmental store spends combined
    2. Fuel, rent, wallet reload, cash advances, balance transfers, fees and charges, merchant EMI, Flexipay and government transactions are not eligible for rewards program

    Click here to know More Terms and Conditions

    Rupanshi Thapa linkedIn icon

    Content Writer

    Rupanshi is a personal finance writer, specializing in credit cards and consumer finance. Her work is committed to helping readers navigate the complex world of credit with confidence– whether they are selecting the right credit card, optimizings rewards, managing debt, or improving their financial well-being. Through her detailed insights and actionable advice, she guides readers towards smarter financial choices.

    Trending Articles on Credit Cards

    View All Articles
    img
    Best Railway Lounge Access Credit Cards in India 2026
    img
    Shruti Sharma
    9 Dec 2025
    img
    Best Credit Cards for Airport Lounge Access in India 2026
    img
    Shruti Sharma
    1 Dec 2025
    img
    Best Low Interest Credit Cards in India 2026
    img
    Shruti Sharma
    20 Nov 2025

    Explore other Card Categories

    cat name Memberships
    cat name Travel
    cat name Lounge Access
    cat name Golf
    cat name Dining
    cat name Online Grocery
    cat name Premium
    cat name Shopping
    cat name Milestone Benefits
    cat name Co-branded
    cat name Brand Discount
    cat name Online Dining
    cat name Online Travel
    cat name Welcome Benefit
    cat name Offline Grocery
    cat name Offline Movies
    cat name Offline Dining
    cat name Movies
    cat name Online Movies
    cat name Lifetime Free
    cat name Rewards
    cat name Cashback
    cat name Fuel
    cat name Offline Travel
    cat name Offline Shopping
    cat name Online Shopping
    cat name Fee Waiver
    cat name Renewal Benefit

    Explore Cards from Leading Issuers

    HSBC Bank HDFC Bank SBI Cards American Express ICICI Bank Kotak Mahindra Bank Axis Bank Standard Chartered Bank YES BANK RBL Bank IndusInd Bank IDFC FIRST Bank AU Small Finance Bank Federal Bank BOBCARD Punjab National Bank SBM Bank Canara Bank Equitas Small Finance Bank IDBI Bank Indian Bank DBS Bank Bank of India
    icon

    Check eligibility for best credit cards

    Check Eligibility
    meter
    Menu