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
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