SBI CardSBI Card Elite
The SBI Card ELITE is SBI's flagship premium credit card.
Top Category Performance
Premium Privileges (88/100)
Joining Fee
₹4,999
Annual Fee
₹4,999
Reward Rate (%)
0.5 – 2.5
Forex Markup
1.99%
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CardCheck Rating & Score
Our proprietary algorithm evaluates cards across reward value, fee fairness, lounge access and terms to provide an unbiased score.
Reward Power
24/35
Fee Value & ROI
18/25
Lounge & Perks
18/20
Forex & Access
12/20
Category Strengths Breakdown
Ranked by strongest spend categoryScoring Methodology: Evaluated deterministically using verified bank MITC filings, fee waiver spend ratios, reward percentage caps, and lounge agreements. No card receives sponsored score inflation. Learn how we score →
SBI Card Elite Benefits
SBI Card Elite Rewards
How you earn back on every swipe
points
Reward type
0.5% – 2.5%
Earn rate
5
Points / ₹100
₹0.25
Per point
24 months
Point expiry
₹10,000
Monthly cap
SBI Card Elite Fees & Charges
Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other charges are set by the bank and spelled out in their Most Important Terms and Conditions (MITC). Use the official product page for those details.
SBI Card Elite Lounge Access
Airport perks included with this card
2 per quarter
Domestic lounge visits
6 per year
International lounge visits
Priority Pass
Included with this card
Things to Keep in Mind
- High joining/annual fee of ₹4,999
- No reward points on fuel transactions
- EMI transactions excluded from rewards
Card Features
Fee Waiver Spend Simulator
Simulate your spend to check waiver eligibility
Spend ₹0/mo more (or ₹4 more per year) to waive the renewal fee.
Tips & reviews
Community comments — not financial advice. Bank terms still apply.
SBI Card Elite Eligibility
Employment type
Pros & Cons
- Strong lifestyle-focused premium credit card
- Good domestic and international lounge access
- Valuable movie and entertainment benefits
- Welcome vouchers offset a large part of first-year fee
- Good dining and premium merchant offers
- Premium Visa Signature / Mastercard World privileges
- Suitable for frequent travelers and urban professionals
- High annual fee of ₹4,999 + GST
- Reward redemption value is average compared to top travel cards
- Annual fee waiver threshold is extremely high
- Forex markup is high for international spending
- Best rewards limited to selected categories
- Premium travel benefits weaker than newer competitors like Magnus or Regalia Gold
- Reward exclusions apply on fuel, wallet loads, EMI, and rent
- Not ideal for users preferring direct cashback rewards
Who is this card for?
Professionals spending ₹80,000–₹1,50,000/month who travel domestically and internationally and want SBI's most rewarding all-round card with lounge access and travel benefits.
Quick Links
Data last updated 25 Aug 2026
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Calculate your exact earnings with SBI Card Elite
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