SBI ELITE Credit Card

Joining Fee: Rs. 4,999 + GST
Renewal Fee: Rs. 4,999 + GST
Best Suited For: Movies | Travel | Shopping
Reward Type: Reward Points
Welcome Benefites: E-vouchers worth Rs. 5,000 from any one of the brands, including Yatra, Aditya Birla Fashion, Hush Puppies/Bata, Pantaloons, and Shoppers Stop.

Apply Now

Add to Compare

SBI ELITE Credit Card is a premium credit card by SBI Card and comes with an annual membership fee of Rs. 4,999. It used to be the most premium offering by SBI Card; however, after the launch of the SBI AURUM Credit Card earlier this year, it is now the second most premium credit card offered by SBI Card. Being a premium offering, the SBI Bank ELITE Credit Card comes packed with some of the best-in-class value-added privileges that one expects from a premium credit card, including complimentary domestic and international lounge visits, complimentary shopping vouchers, and discounted rates on hotel bookings, free movie tickets and many other add-on benefits. Talking about this card’s reward rate, you earn 2 Rewards on every Rs. 100 purchase with the card (reward rate of 0.5% as 1 Reward Point = Rs. 0.25) and 5X Reward Points per Rs. 100 on departmental stores, dining, and grocery spends (reward rate of 2.5%). SBI ELITE Credit Card comes in three variants- Visa, MasterCard, and American Express. While most benefits are the same across all three variants, the payment networks offer some exclusive benefits as well. For example, you get complimentary golf games with the MasterCard variant and discounted dining rates with the AmEx variant of the card. Read on for more information about this premium offering by SBI Card.

New Features

Spend Based Waiver

Renewal fee of Rs. 4,999 is waived on annual spends of Rs. 10 lakh or more in the preceding year

Interest Rates

3.50% per month (42% per annum)

Add-on Card Fee

Nil

Rewards Redemption Fee

Rs. 99 (plus applicable taxes) per redemption request

Fuel Surcharge

1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000 at all fuel stations across India (max waiver capped at Rs. 250 per month)

Foreign Currency Markup

1.99% of the transaction amount

Cash Advance Charges

2.5% of the transaction amount, subject to a minimum charge of Rs 500

Movie & Dining

Get free movie tickets every month (max benefit capped at Rs. 6,000 per year and Rs. 250 per ticket, offer valid for at least 2 tickets per booking per month), dining offers with up to 25% discount at partner restaurants (with American Express variant only)

Travel

Complimentary CV (Club Vistara) Membership, complimentary Trident Privilege Red Tier membership, and free domestic and international airport lounge access.

International Lounge Access

6 complimentary visits to international airport lounges per year (max 2 per quarter) with the Priority Pass program.

Rewards Rate

2 Reward Points on every Rs. 100 you spend on retail purchases, 5X Reward Points on dining spends, departmental stores, and grocery purchases (reward rate of 2.5%)

Golf

4 complimentary rounds of green fees and up to 50% off on golf games along with 1 free lesson per month at selected golf courses across the country (you get it only with the MasterCard variant of the card)

Insurance Benefits

Zero liability protection against lost card worth Rs. 1 lakh applicable from 48 hours prior to 7 days post reporting the loss of card to the bank.

Reward Redemption

Reward Points are redeemable against gift vouchers on sbicard.com or SBI mobile app or for paying the outstanding balance of the card, 1 Reward Point = Rs. 0.25

Domestic Lounge Access

2 complimentary visits to domestic airport lounges every quarter

Zero Liability Protection

Get an insurance cover worth Rs. 1 lakh that is applicable from 48 hours prior to 7 days post reporting the loss of card

Pros

With this card, you can enjoy welcome benefits worth Rs. 5000. You get 2 domestic lounge visits per quarter and 6 complimentary international lounge access in a year with the SBI Elite Credit Card.

Cons

This card offers a lower reward rate compared to other cards available.

Similar Cards

Add to Compare

Axis Bank Vistara Credit Card

The Axis Bank Vistara Credit Card is a card issued by Axis Bank with an aim to make their customers’ travel experiences better. With this card, you’ll earn Club Vistara Points as rewards on every spend. You get 2 Club Vistara Points for every Rs. 200 you spend, which can be redeemed easily against flight bookings on the Club Vistara website. The card also provides 2 complimentary airport lounge access every quarter at several participating lounges in India. Not only travel, but you also get exciting discount offers on dining with the Axis Bank Dining Delights. The card comes with a nominal joining fee of Rs. 1,500 and welcomes you with a complimentary economy class ticket voucher. You can also earn bonus Club Vistara Points based on your first three months’ spends and up to 3 complimentary economy class ticket vouchers on the basis of your annual spends. Along with all this, there are many more advantages of the Axis Bank Vistara Credit Card. To know all of them, keep reading the detailed information given below:

Add to Compare

HDFC Bank Regalia Credit Card

Looking for a credit card with traveling & lifestyle benefits? If yes, you’ve come to the right place. The HDFC Bank Regalia credit card comes with various travel and luxury rewards. With annual charges of Rs 2,500, this card welcomes you with 2,500 bonus Reward Points. The card has several advantages across different categories such as lifestyle, travel, and dining. It is one of the most popular Credit cards by HDFC with all such benefits. To keep their promise of luxury & travel benefits, the HDFC Regalia Card provides you with free Airport Lounge Access within India as well as outside. You earn 4 Reward Points every time you spend Rs. 150 using the card and these points can be redeemed against an array of categories with a value of up to Re. 0.5 per point. Also, the card charges a very low foreign currency markup which makes it a best choice for the international transactions. The card comes with great dining benefits, 24X7 Concierge services and much more. To know more, read the HDFC Regalia credit card review and its details below:

Add to Compare

American Express Platinum Travel Credit Card

American Express is globally known for its range of premium credit cards, and the air mile benefits they offer. In India, American Express has only one offering in the travel category- The American Express Platinum Travel Credit Card, among the most premium AmEx Credit Cards. Earlier, they were also offering the Jet Airways Platinum Credit Card. However, the same was discontinued after the airline suspended its operations in 2019. As is evident from the name, It’s a travel credit card. It comes with attractive welcome benefits and plenty of milestone benefits in the form of Membership Rewards Points, which can be redeemed not just for travel-related expenses like booking air tickets, hotels, and cars on the Amex Travel Online portal but also for shopping vouchers at online shopping sites, e-vouchers on American Express’s online shopping portal, for offline shopping using INSTA rewards. You can even make credit card bill payments under Amex’s Cash + Points scheme. However, under the Cash + Points scheme, 1000 Membership Rewards Points are equivalent to Rs. 250. Apart from the welcome and milestone benefits, you also earn 2 Membership Rewards Points for every Rs. 100 spent using the card (with a few exceptions).

1 OFFER

Benefites of SBI Credit Card Total Benefits...

View Offers

Other Cards

View all