State Bank of India
SBI Card ELITE
Best for premium, lounge-access, dining
₹4,999/yr annual fee · 4x rewards
By FinWiz24 Research Desk · Reviewed by FinWiz24 Research Desk · How we review
Annual fee
₹4,999/yr
Reward rate
4x
Min. income
₹15,00,000
Forex markup
Not published
Lounge access
Domestic + international
Eligibility
₹15 lakh/yr · CIBIL 750+
Reward cap
Cap not explicitly published on the marketing page (likely no accelerated cap on Elite); 4 RPs = ₹1 redemption
Welcome benefit
Up to 50,000 Bonus Reward Points worth ₹12,500 per year; 10,000 bonus RPs at ₹3L and ₹4L annual spends; 15,000 bonus RP…
Who is this for
- Premium cardholder
- Food & dining spender
What we like
- Unlimited international lounge access
- Milestone vouchers or extras
Watch out for
- ₹4,999 non-waiver joining fee
- ₹950 late-payment fee
Issuer
Fees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Fuel surcharge | 1% | 1% surcharge waived on fuel between ₹500 and ₹4,000 |
| Joining fee | ₹4,999 | Not waivable |
| Annual fee | ₹4,999 | Waived on annual spends of ₹10,00,000 or more in the preceding year |
| Forex markup | Not published | Not waivable |
| Late payment | ₹950 | Not waivable |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 5 Reward Points per ₹100 on dining, departmental stores and grocery spends; 2 Reward Points per ₹100 on all other ret… | Cap not explicitly published on the marketing page (likely no accelerated cap on Elite); 4 RPs = ₹1 redemption | 1 Reward Point = ₹0.25 (4 Reward Points = Re. 1); can pay outstanding card bill with Reward Points |
| DINING | 2.00 | — | 0.25 |
| TRAVEL | 2.00 | — | 0.25 |
Benefits
-
Domestic lounge access
2 complimentary domestic airport lounge visits per quarter (8 per year)
-
International lounge access Highlight
6 complimentary international Priority Pass lounge visits per calendar year (max. 2 per quarter); Priority Pass membership worth $99 complimentary
-
Milestone benefits Highlight
Up to 50,000 Bonus Reward Points worth ₹12,500 per year; 10,000 bonus RPs at ₹3L and ₹4L annual spends; 15,000 bonus RPs at ₹5L and ₹8L annual spends; complimentary 1-year Club ITC Silver Tier Membership on first transaction within 60 days; complimentary annual Taj InnerCircle membership on annual spends ≥ ₹5L (per existing catalog value, not currently on marketing page)
-
Fuel surcharge waiver
1% fuel surcharge waiver across all petrol pumps in India (extra service tax as applicable)
Eligibility
- Age
- 21–65 years
- Min. income
- ₹15,00,000
- Min. credit score
- 750+
- Score note
- Excellent credit score
- Employment
- Salaried, self-employed
- Documents
- PAN, Aadhaar, latest salary slips / ITR, bank statements, photo, address proof
SBI Card ELITE is a VISA credit card from SBI Card. It is best suited for premium, lounge-access, dining.
Fees and rewards
- Annual fee: ₹4999
- Joining fee: ₹4999
- Rewards: 2 reward points per ₹100
Eligibility
PAN, Aadhaar, latest salary slips / ITR, bank statements, photo, address proof
Card data is compiled from the issuer’s published fee schedules and is reviewed weekly. High-confidence record. Status: active.
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
Is the SBI Card ELITE worth it?
What is the annual fee for the SBI Card ELITE?
How does the SBI Card ELITE reward rate work?
Show 3 more questions
What are the eligibility requirements for the SBI Card ELITE?
Does the SBI Card ELITE offer airport lounge access?
What is the forex markup on the SBI Card ELITE?
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