SBI Card Elite is a premium lifestyle credit card issued by SBI Cards and Payment Services Limited (SBI Card). It is designed for individuals with a minimum monthly income of Rs. 60,000 who seek a well-rounded card with benefits across dining, travel, entertainment, and everyday spending.

• Annual fee of Rs. 4,999 plus taxes, waivable on spending Rs. 10 lakhs annually
• Welcome e-Gift Voucher worth Rs. 5,000 from select brands
• 5X reward points on dining, grocery, and departmental store spends
• Complimentary Priority Pass membership with 6 international lounge visits per year
• Free movie tickets worth Rs. 6,000 per year
• Low foreign currency markup of 1.99%
• Available in Visa, Mastercard, American Express, and RuPay Select variants

Earn 5X Reward Points (10 points per Rs. 100) on dining, departmental stores, and grocery spends. All other purchases earn 2 Reward Points per Rs. 100. The accelerated reward points are capped at 10,000 points per calendar month. Reward points are valued at Rs. 0.25 each (4 points = Rs. 1).

Milestone Benefits

Earn up to 50,000 Bonus Reward Points worth Rs. 12,500 per year through annual spend milestones:

• 10,000 bonus points on Rs. 3 lakh annual spend
• 10,000 bonus points on Rs. 4 lakh annual spend
• 15,000 bonus points on Rs. 5 lakh annual spend
• 15,000 bonus points on Rs. 8 lakh annual spend

Movie Benefit

Get free movie tickets worth Rs. 6,000 every year with a maximum discount of Rs. 250 per ticket for 2 tickets per booking per month. This annual movie benefit alone can offset the entire annual fee.

Travel Benefits

The card offers one of the lowest forex markup rates at 1.99% on international transactions. You also earn 2 Reward Points per Rs. 100 on international spends. Mastercard variant holders get up to 15% discount at Lalit Hotels, while Visa holders enjoy discounts on Hertz and Avis car rentals.

Golf Benefits

Mastercard variant holders enjoy 4 complimentary green fees rounds, up to 50% off on golf games, and 1 free golf lesson per month at select courses across India.

Club ITC Silver Tier Membership

Cards sourced from 1st September 2025 are eligible for a complimentary 1-year Club ITC Silver Tier Membership, offering accelerated Green Points, dining discounts, and other exclusive privileges.

Concierge Services

Dedicated concierge assistance for flower delivery, gift delivery, and online doctor consultation via 1800-2121-68168.

• Welcome e-Gift Voucher worth Rs. 5,000 from select brands: Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion, or Shoppers Stop
• Voucher sent within 30 days of annual fee payment via SMS
• Redeemable at brand stores (offline) or online for Yatra and Shoppers Stop

Milestone Benefits

Earn up to 50,000 Bonus Reward Points worth Rs. 12,500 per year:

Annual Fee Waiver

The annual fee of Rs. 4,999 is waived if you spend Rs. 10 lakhs or more in the preceding anniversary year.

Enjoy 2 complimentary domestic airport lounge visits every quarter (8 per year) using your SBI Card Elite at participating lounges across India. This benefit is available via Visa, Mastercard, and American Express networks.

International Lounge Access

Get 6 complimentary international airport lounge visits per calendar year through the Priority Pass program (maximum 2 visits per quarter). The complimentary Priority Pass membership, worth USD 99, is valid for 2 years. After exhausting complimentary visits, a usage fee of up to USD 27 plus taxes will be charged per visit. Only primary cardholders are eligible for the Priority Pass membership.

SBI Card Elite uses the SBI Rewardz program. You earn reward points on all purchases except excluded categories (fuel, EMI, wallet loading, cash advances, balance transfers, rent payments).

• Base Rate: 2 Reward Points per Rs. 100 spent (0.5% reward rate)
• Accelerated Rate: 10 Reward Points per Rs. 100 on dining, grocery, and departmental stores (2.5% reward rate)
• Monthly Cap: Accelerated points capped at 10,000 points per calendar month
• International: 2 Reward Points per Rs. 100 on international transactions

Reward Point Value

4 Reward Points = Rs. 1, making each point worth Rs. 0.25.

Redemption Options

• E-vouchers and products from SBI Card rewards catalogue
• Statement credit to pay card outstanding via net banking
• Physical products from the product catalogue (Rs. 99 redemption fee applies)

Points Expiry

Reward points are valid for 24 months from the date of accrual. Points not redeemed within this period will expire and be forfeited.

• Age: 21 to 70 years
• Occupation: Salaried or Self-Employed
• Minimum Income (Salaried): Rs. 60,000 per month
• Minimum Income (Self-Employed): ITR above Rs. 7.2 lakhs per annum
• CIBIL Score: 750 or above recommended

Add-on Card Eligibility

• Available for parents, spouse, children, and siblings
• Minimum age for add-on card: 18 years
• No additional fee for add-on cards

• PAN Card
• Aadhaar Card
• Passport
• Voter ID
• Driving Licence

Address Proof (any one)

• Aadhaar Card
• Passport
• Utility Bill (not more than 3 months old)
• Ration Card
• Property Registration Document
• Bank Account Statement

Income Proof

• Latest 1-2 salary slips (not more than 3 months old)
• Latest Form 16
• Last 3 months bank statement
• For self-employed: ITR for last 2 years

1. Visit the official SBI Card website at sbicard.com
2. Navigate to Credit Cards and select SBI Card ELITE under Lifestyle cards
3. Click on Apply Now and fill in your personal, residential, and occupation details
4. Verify your mobile number with an OTP
5. Upload soft copies of required documents (identity proof, address proof, income proof)
6. Submit the application and note your reference number

Offline Application

1. Visit the nearest SBI branch or SBI Card office
2. Request the SBI Card Elite application form
3. Fill in the form with all required details
4. Attach copies of all required documents
5. Submit the form and await verification

A representative from SBI Card may contact you for in-person or video KYC verification after submission.

The SBI Card Elite delivers solid value for its Rs. 4,999 annual fee, especially for those who can leverage the 5X accelerated reward points on dining, grocery, and departmental store spending. The milestone benefits alone can return up to Rs. 12,500 in bonus points annually, while the monthly movie ticket benefit worth Rs. 6,000 effectively pays for the annual fee by itself.

With 14 total airport lounge visits per year (8 domestic + 6 international via Priority Pass), one of the lowest forex markup rates at 1.99%, and the new Club ITC Silver Tier membership, this card caters well to frequent travellers and lifestyle enthusiasts. However, the low base reward rate of 0.5% on non-accelerated categories and the 10,000 monthly cap on bonus points mean that this card works best for those with focused spending in the accelerated categories and annual spends of at least Rs. 5 lakhs.