SBI Card ELITE

Joining Fee

₹4,999

Annual Fee

Rs. 4999 (Reversed on annual spends of Rs. 10 Lakhs)

Forex Markup

1.99% + GST

INTERNATIONAL

Add-on Card Fee

Free per supplementary card

Lifestyle
Rewards
Travel
Best For: Frequent international travelers, Lifestyle spenders on dining and shopping, Movie enthusiasts, Those seeking premium lounge access

SBI Card ELITE

Rewards Structure

Base Reward Rate

2% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹50,000 /annually

Pros

  • Welcome gift worth Rs. 5,000 from top lifestyle brands
  • Free movie tickets worth Rs. 6,000 per year
  • 5X reward points on dining, departmental stores and grocery
  • Low forex markup of 1.99%
  • Complimentary Priority Pass membership worth $99
  • Up to 50,000 bonus reward points per year via milestones
  • Annual fee waiver on Rs. 10 lakh annual spend
  • Complimentary ITC Silver Tier membership
  • Concierge services included

Cons

  • High joining and annual fee of Rs. 4,999
  • Fuel surcharge waiver capped at Rs. 250 per statement cycle
  • International lounge visits limited to 6 per year (max 2 per quarter)
  • Air Accident Insurance of Rs. 1 crore discontinued from 15 July 2025
  • Priority Pass usage fee charged after complimentary visits

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

No reward points earned on fuel spends

Movie discount capped at Rs. 250 per ticket for 2 tickets only; convenience fee chargeable

Priority Pass complimentary membership valid for 2 years only

ITC Silver Tier membership only for cards sourced from 1st September 2025 onwards

Welcome gift voucher must be requested within 30 days of annual fee payment

Usage fee up to $27 + taxes charged for Priority Pass lounge visits beyond complimentary limit

Key Benefits & Features

Welcome e-Gift Voucher worth Rs. 5,000 from Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion, Shoppers Stop

Complimentary Priority Pass membership worth $99; valid for 2 years for primary cardholders

Complimentary 1-year Club ITC Silver Tier Membership (for eligible cards sourced from 1st September 2025)

Notable Exclusions

No reward points on fuel spends

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

These details are based on information updated on . Fees and benefits change often - confirm on the issuer's own page before applying.

About SBI Card ELITE

The SBI Card ELITE is a premium lifestyle credit card designed for those who seek exceptional value across travel, entertainment, and everyday spending. New cardholders receive a welcome e-gift voucher worth Rs. 5,000, redeemable across leading brands including Yatra, Pantaloons, Shoppers Stop, Hush Puppies/Bata, and Aditya Birla Fashion. Movie lovers benefit from complimentary tickets worth Rs. 6,000 annually, while milestone spenders can earn up to 50,000 bonus Reward Points worth Rs. 12,500 per year, with annual fee reversal available on spends of Rs. 10 lakhs. The card rewards lifestyle spending with 5X Reward Points on dining, departmental stores, and grocery purchases, and 2 Reward Points per Rs. 100 on all other eligible spends. International travelers enjoy complimentary Priority Pass membership granting access to over 1,000 airport lounges worldwide, alongside 2 complimentary domestic lounge visits per quarter. A notably low foreign currency markup of 1.99% makes it an ideal companion abroad. Eligible cardholders also receive a complimentary ITC Silver Tier membership and access to an exclusive concierge service. Additional features include a 1% fuel surcharge waiver, contactless payment technology, emergency card replacement worldwide, add-on cards for family members, and flexible EMI options through Flexipay. With acceptance at over 24 million outlets globally, the SBI Card ELITE delivers a well-rounded premium experience for discerning cardholders.

Expert Review

Our Verdict

Premium lifestyle card with 5X rewards, free movie tickets, lounge access & welcome gift worth ₹5,000.

Related Lifestyle Cards

Explore other premium credit cards that offer similar benefits and rewards.

View all Lifestyle cards

More from SBI Card

Discover the full range of credit cards offered by SBI Card to find the perfect fit for your finances.

View all SBI Card cards