SBI Elite Credit Card

Home State Bank of India SBI Elite Credit Card
loadingApply Now
loading

Find your perfect Credit Card

Whether you want to earn rewards or save more with discounts and deals, you will never fall short of Credit Card options. Paisabazaar is the right place to find the card that best fits your needs.

Get the Best Credit Card

Digits Only
Error: We need your income to check which credit cards are suitable for you
Note: Your post-tax salary excluding any bonus/incentive
0 / 6 Digits
Error: This is mandatory. We need to check availability of service in your area
City: Delhi
Error: This is a mandatory field
Which bank’s credit card are you using?

  • Top Banks

  • All Banks

0 / 10 Digits +91
Error: This is invalid mobile number
Note: We may verify this number later using OTP

By submitting this form, I agree to Term of Use

*Offers are from Paisabazaar's partner Banks & NBFCs.

हिंदी में पढ़े

SBI Elite Credit Card is counted among the best premium credit cards in the market. This card is good for lounge access and for getting free movie tickets every month. An excellent rewards program allows you to make the most of every rupee you spend on the card.

What makes SBI Elite Credit Card Stand Out?

It is among the few credit cards in the market offering travel, movie and reward benefits all at once. The card offers airport lounge access through the complimentary Priority Pass Membership and airline benefits under the Club Vistara Silver Membership. You can also avail free movie tickets worth Rs. 6,000 every year.

SBI Elite Credit Card: Key Highlights
Common SBI Card Benefits
Explore Other Credit Cards by SBI Card
SBI Elite Credit Card Fees and Charges
SBI Elite Credit Card Eligibility Criteria & Documents Required
How to Apply for SBI Elite Credit Card?
Frequently Asked Questions (FAQs)
Compare Similar Credit Cards by Other Banks
Explore Other Travel Credit Cards

SBI Elite Credit Card: Key Highlights

Welcome Gift- Gift voucher worth Rs. 5,000 from an array of travel and lifestyle brands such as Yatra, Hush Puppies/Bata, Marks & Spencer, Pantaloons and Shoppers Stop.

Free Movie Tickets- SBI Elite credit cardholders can enjoy free movie tickets worth Rs. 6,000 per year. The transaction is valid for at least 2 tickets per booking per month.

Milestone Bonus- Earn up to 50,000 bonus reward points worth Rs. 12,500 year and 10,000 bonus reward points on achieving annual spends of Rs. 3 lakh and 4 lakh.

ELITE Rewards- 5X reward points on dining, departmental stores and grocery spend. Get 2 reward points per Rs. 100 for all other expenses, except fuel.

Airport Lounge Access- 6 complimentary airport lounge visits per year, outside India and 2 complimentary domestic airport lounge per quarter.

Club Vistara Silver Membership- The customers can enjoy complimentary Club Vistara Silver membership and can avail 1 complimentary lounge access voucher and 1 upgrade voucher. 9 Club Vistara Points can be earned for every Rs. 100 spent on Vistara Flights.

Concierge Services- This card provide assistance with gift delivery, customized holiday packages, movie and hotel reservations.

Credit Card Rating

/ 5 ( Reviews)

loading

Rate SBI Elite Credit Card

Common SBI Card Benefits

The following features can be availed across all SBI credit cards including the SBI Elite Card:

Fuel Surcharge Waiver– You can enjoy 1% fuel surcharge waiver on fuel transactions at all the petrol pumps.

Global Acceptance- SBI cards are accepted in over 24 million outlets across the world, including 3,25,000 outlets in India.

Chip Enabled- Your credit card is safe and secure against counterfeiting and skimming as it is chip and pin enabled.

Balance Transfer Facility- You can transfer outstanding balances from other cards and enjoy the benefit of lower rates of interest and payback in easy EMIs.

Fraud Liability Cover- You can avail complimentary credit card fraud liability cover of Rs. 1 lakh.

Flexipay- Convert your transactions above Rs. 2,500 in EMIs using the Flexipay facility.

Easy Money- You can get a cheque or draft made against your cash limit and get it delivered.

Add-on Cards- Share the benefits by getting add-on cards for your spouse, children, siblings or parents who are above 18 years of age.

Emergency Card Replacement- You can get your credit card replaced anywhere in the world by calling the 24×7 helpline. In case your card is lost in India, you can call on (prefix STD Code) 39 02 02 02 or 1860 180 1290 for card replacement.

SBI Elite Credit Card
Good for: 

  • People who love to go to movies
  • People who travel for business often
  • Shoppers who prefer rewards over cashback
Bad for: 

  • Travellers looking for air mile earnings
  • People who want to save on fuel purchases
  • Customers looking for a low-fee credit card

SBI Elite Credit Card Fees and Charges

Fees and charges associated with SBI Card Elite credit card are:

Fees/ChargesAmount/Rate
Annual Fee Rs. 4,999 (One-Time)
Renewal FeeRs. 4,999
Add-on Fee (per annum)Nil
Extended Credit Interest Free Credit Period20-50 days, applicable only on retail purchases and if previous month’s outstanding balance is paid in full
Extended Credit ChargesUp to 3.35% per month, accounting to 40.2% per annum, from the date of transaction
Extended Credit Minimum Amount Due5% of Total Outstanding (Min. Rs. 200 + all applicable taxes + EMI ( In case of EMI based product) + OVL amount (if any)
Cash Advance limitUp to 80% of the credit limit, maximum Rs. 15,000 per day
Free Credit PeriodNil
Cash Advance ChargesUp to 3.35% per month accounting to 40.2% per annum from the date of withdrawal
Cash Advance Fee SBI or Other Domestic ATMs2.5% of withdrawal or Rs. 300 per transaction, whichever is higher
Cash Advance fee International ATMs3% of withdrawal or Rs. 300 per transaction, whichever is higher
Overlimit Charges2.5% of the over limit amount subject to a minimum of Rs. 500
Late Payment Fee• Nil for the total amount due from Rs. 0 to Rs. 200
• Rs. 100 for the total amount due greater than Rs. 200 and up to Rs. 500
• Rs. 400 for the total amount due greater than Rs. 500 and up to Rs. 1,000
• Rs. 600 for the total amount due greater than Rs. 1,000 and up to Rs. 10,000
• Rs. 800 for the total amount due greater than 10,000 and up to Rs. 25,000
• Rs. 950 for the total amount due greater than Rs. 25,000

SBI Card Elite

SBI Elite Credit Card Eligibility Criteria & Documents Required

In order to apply for SBI Elite Credit Card, you must meet the following criteria:

  • Eligible age for salaried employees is between 21 and 70 years
  • Eligible age for self-employed people is between 25 and 70 years
  • The applicant must be an Indian citizen
  • The applicant must have an active credit history

Documents Required

SBI Card will ask for copies of important documents such as proof of identity, address and income. Given below is a list of documents that are generally accepted as valid proofs. The issuer has the right to ask for additional documents as it deems fit.

Proof of IdentityPAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI
Proof of AddressAadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement
Proof of IncomeLatest one or 2 salary slip (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement

How to Apply for SBI Elite Credit Card?

  • Click here to start the application
  • Enter basic details such as contact number, income, occupation, etc
  • Select the SBI Elite credit card from the available drop-down options list
  • Proceed with the eligibility check by providing some more details
  • If eligible, proceed with the application by providing personal details and employment details
  • Click on submit to complete the process
  • Once the details are verified, an executive will get in touch

Frequently Asked Questions (FAQs)

Is SBI Card Elite credit card internationally acceptable?                                                  

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

Where can I avail the waiver of fuel surcharge?

Fuel surcharge can be waived off at any petrol pump in India.

Can I earn Elite Rewards on fuel transactions?

No, Elite rewards cannot be earned on fuel transactions.

Can I transfer my outstanding balance on any other bank’s credit card?

Yes, SBI Card Elite credit card provides the facility of ‘Balance Transfer’ via which you can transfer your outstanding balance on any other bank’s credit card.

Compare Similar Credit Cards by Other Banks

Credit Card Annual FeeReward PointsNet Savings
SBI Card EliteRs.4,999Earn up to 50,000 bonus reward points worth Rs.12,500 and 5X Reward Points on dining, departmental stores etc.Rs.12,081*

Rs.20,661**

CitiBank PremierMilesRs.3,000Earn 10,000 Air miles on spending Rs.1000 within 60 days of issuanceRs.11,616*

Rs.21,732**

Standard Chartered Emirates World Credit CardRs.3,000Earn 4 Skyward miles per Rs. 150 spent on domestic transactions and 6 skyward miles on international transactionsRs.8,796*

Rs.10,404**

American Express Platinum TravelRs.5,000Earn Welcome Gift of 5000 milestone bonus membership Reward PointsRs.8,520*

Rs.34,640**

ICICI Bank Manchester United Signature Credit CardRs.2,499Earn 5 PAYBACK points per Rs. 100 spent at retail purchasesRs.8,397*

Rs.15,621**

*On spending Rs.2 lakh annually

**On spending Rs.4 lakh annually

Explore Other Travel Credit Cards

Other recommended travel credit cards are:

Credit CardAnnual FeeKey FeaturePaisabazaar Rating

Axis Bank Vistara Signature Credit Card

Rs.3,000

Get complimentary Club Vistara Silver Membership

Earn 4 Reward Points for every Rs.200 spent

N.A.

Standard Chartered Emirates World Credit Card

Rs.3,000

Access to International Airport Lounges

Enjoy Complimentary Golf Game once a year

3.7/5

MakeMyTrip ICICI Platinum Credit Card

NIL

Lemon Tree Hotel Vouchers worth Rs. 2000 as joining gift

Get complimentary MMT Black Membership

3.3/5

Axis Bank Vistara Infinite Credit Card

Rs.10,000

Get free Club Vistara Gold Membership

Earn 6 Club Vistara points per Rs. 200 spent

N.A.

Did you find this article helpful? Rate it.

State Bank of India SBI Elite Credit Card
(3.6/5 ) 1205 Reviews
Write a review
Jul 30 , 2019
3/5
Interest

Only 3.35% of the interest is charge on skipping of the bill payments or on EMIs taken with this card.

Jul 30 , 2019
4/5
Credit limit

I have a good credit limit of 1.5 lac on my SBI Elite card.

Jul 30 , 2019
4/5
Waived off

The renewal fee of 4999 was waived off since my expense was over 1 lac last year.

Jul 30 , 2019
5/5
Lifestyle and travel vouchers

I got lifestyle and travel vouchers from SBI as welcome benefits after the payment of the fee.

Jul 30 , 2019
4/5
Fine variety of vouchers

Liking how the SBI has kept such a fine variety of vouchers as welcome benefits.

Jul 30 , 2019
4/5
Cheaper

Fuel is now cheaper since the surcharge element of the fuel is now waived off.

Jul 30 , 2019
3/5
Saving

I had a saving of 4000 INR on movies booked with my SBI card in the last year.

Jul 30 , 2019
4/5
Super amazed

Super amazed by the diverse nature of the rewards, benefits and the cashbacks offered by SBI.

View All Reviews
Menu