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

IDBI Bank Imperium Platinum Credit Card

IDBI Bank Imperium Platinum credit card is a visa-powered secured credit card offered by IDBI Bank. IDBI Bank Imperium Platinum credit card comes with a sign-up bonus of 500 Delight points on every Rs 1500 spent within 30 days of card issuance and 300 Delight points on spending between 31 – 90 days of card issuance. Furthermore, you get up to 2 Delight points on every Rs 150 spent on shopping, traveling, and movies using your IDBI Bank Imperium Platinum credit card. Read below to know more in detail about IDBI Imperium Platinum credit cards.

Add to Compare

IDFC First Private Credit Card

IDFC First Bank recently launched a super-premium card named IDFC First Private Credit Card. It is an invite-only card, i.e., only people invited by the IDFC First bank can get this card, and is targeted at high net-worth individuals. The card charges a high annual membership fee of Rs. 50,000 and offers lots of exciting benefits across different categories. Be it travel, entertainment, lifestyle, rewards, or charity, you can get all your requirements fulfilled with this credit card. You don’t only earn the usual reward points using this credit card, but after achieving a particular monthly spend, you earn Karma Points donated for charity purposes in your name. The IDFC First private cardholders can earn up to 10x Reward Points on their spends using this card, and these points are redeemable against a variety of options. Moreover, the card offers complimentary airport lounge access not only for the primary cardholders but for the add-on card members as well. Other than this, you get discounts on movies, free golf lessons, complimentary insurance covers, and many more benefits with this card. To know more about the IDFC First Private Credit Card and all its features, continue reading:

Add to Compare

Emirates Skywards ICICI Bank Sapphiro Credit Card

The Emirates Skywards ICICI Bank Sapphiro Credit Card is one of the three new co-branded travel credit cards issued by the ICICI Bank in collaboration with Emirates airlines, the other two cards being the Emirates ICICI Emeralde Credit Card and Emirates ICICI Rubyx Credit Card. The Sapphiro variant is issued at a joining fee of Rs. 5,000 and welcomes you with a bonus of 5,000 Skywards Miles that can be used for travel-related bookings via the Emirates Skywards website. You can gain up to 2 Skyward Miles per Rs. 100 spent with the card and redeem them for a host of options by logging in to your Emirates account. Other than this, you get compelling travel benefits including complimentary Emirates Skywards silver tier membership which can be upgraded to the Gold tier on achieving the milestone spend from the second year. You also get complimentary domestic as well as international lounge access every year and a lot more benefits. Talking about its entertainment privileges, you can avail of up to 2 complimentary movie tickets monthly under the Buy 1 Get 1 free (BOGO) offer. The Emirates Skywards ICICI Bank Sapphiro Card has a lot more exciting benefits and features. To know all of them, go through the complete article:

1 OFFER

Benefites of SBI Credit Card Total Benefits...

View Offers

Other Cards

View all