SBI Card Miles Elite
Travel
Lounge Access
Reward Points
1st Year Fee: ₹4,999* Plus Applicable Taxes
Rewards
3% back with 1:1 redemption ratio
Lounge Access
Up to 29 visits worldwide every year
Low Forex Fee
Low forex mark-up charges of 1.99%
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
About SBI Card Miles Elite
SBI Card Miles Elite is the advanced variant among the 3 non co-branded travel cards offered by SBI Card and is available at an annual fee of Rs. 4,999. With accelerated rewards on travel spends, point-to-mile conversion ratio of up to 1:1, a low forex mark-up this card offers considerable savings for frequent travellers. Moreover, this card also offers both domestic and international lounge access, along with flight cancellation covers among other travel insurances, thus further cementing its true travel credit card status.
But how does this card fare when compared with other travel cards, like Axis Atlas, which provide the consumers with some of the top travel benefits? Here’s a detailed review of the features, benefits and limitations, if any, of SBI Card Miles Elite.
Note: This Card is not available on Paisabazaar.com. The content on this page is for information only. To express interest in this card, please visit SBI Card’s website.
Rewards Program
This SBI Credit Card offers rewards in the form of Travel Credits on every card spend, as given below:
- 3X Rewards: 6 Travel Credits per Rs. 200 spent on travel
- 1X Rewards: 2 Travel credits per Rs. 200 spent on all other spending categories1
- Redemption Options: The rewards can be redeemed against the options listed below –
- 1 Travel Credit = Rs. 1 for air mile or hotel loyalty point conversion
- 1 Travel Credit = Rs. 0.50 for travel bookings
- 1 Travel Credit = Rs. 0.25 for Shop & Smile product catalogue
Other Features & Benefits
- Milestone Benefit:
- On every Rs. 1 lakh spent: An additional domestic airport lounge access2
- On Rs. 12 lakh annual spends: 20,000 bonus Travel Credits
- On Rs. 15 lakh annual spends: Card annual fee reversal
- Airport Lounge Access:
- Complimentary Priority Pass membership of USD 99 for the first 2 card membership years
- 6 complimentary visits to international lounges per year, capped at 2 visits every quarter
- 8 complimentary visits to domestic lounges per year, capped at 2 visits every quarter
- Low Forex Mark-up: 1.99% of the international transaction
SBI Card Miles Elite: Fees & Charges
| Particulars | Amount | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining/Annual Fee | Rs. 4,999 + Applicable Taxes | ||||||||||||||
| Forex Mark-up Fee | 1.99% | ||||||||||||||
| Finance Charges | 3.75% p.m. (45% p.a.) | ||||||||||||||
| Late Payment Charges |
|
Things to Know Before you apply
Get This Card If:
You are looking for a travel card without any specific brand associations
You are a frequent traveller and a high-spender
You want a card with accelerated rewards on travel and a good point-to-mile conversion ratio
You can maximise your savings by availing the spend-based milestone benefits and using your reward points for travel bookings
Similar Credit Cards:
Axis Bank Atlas Credit Card
HDFC Regalia Gold Credit Card
HSBC TravelOne Credit Card
Axis Bank Horizon Credit Card
Paisabazaar Review
What do we like about this card?
This card is indeed a true travel card with almost all of its features catering to the needs of a traveller. It offers an accelerated reward rate on travel spends without any merchant restrictions and comes with a comprehensive list of airline and hotel partners against which you can redeem the earned Travel Credits in up to 1:1 ratio. Moreover, it offers both international and domestic airport lounge access without any spending condition with additional domestic lounge visits as milestone benefits. A low forex mark-up fee of 1.99% and flight ticket cancellation cover further add to the overall savings that this card allows its users.
Pros
- Accelerated rewards on travel spends
- Up to 1:1 point-to-mile conversion ratio for reward points redemption
- Complimentary airport lounge access without any spend-based condition
- Comparatively lower forex mark-up fee of 1.99%
Cons
- Complimentary Priority Pass membership is only offered for the first 2 years
- Lower reward rate compared to other travel cards
Footnotes
- The following spends are not eligible for any reward points earnings: Spends made for fuel, utility, education, insurance, rent, property management, e-wallet loading, cash advances, merchant EMIs, quasi cash, balance transfers, balance transfers on EMIs, card fees and charges, Flexipay and disputed transactions.
- Benefit is capped at 15 visits in a year and is available for primary card users as well as a guest.
Click here to know More Terms and Conditions
Lepakshi Phogat
Lepakshi is a content writer specialising in personal finance and credit cards. She translates complex financial concepts into practical advice, helping readers make informed financial decisions. Whether it is helping them choose the right credit card or offering strategies to build their credit score, she writes to make personal finance less intimidating and more empowering.
Explore other Card Categories
Explore Cards from Leading Issuers
Check eligibility for best credit cards
Check Eligibility