Annual fee₹4,999+ GST
Forex markup1.99%
Interest3.75%a month
NetworkVisa / Mastercard / Amex
You earn
Perks & rules
What changed
No changes yet. We re-check every week.
Worth it?
See what it pays back on your spending, after the fee.Run the numbers
All the fine printEvery detail from the bank's documents, in one place
How you earn
Rewards asReward points
Base rate2 points per ₹100 (0.5%), not on fuel
Higher rates
- Dining, grocery, departmental: 5X (10 points per ₹100, 2.5%) on dining, departmental stores and groceries
Limits
- Not stated on the product page
Doesn't earn on
- Fuel
Where it landsNot stated in the documents read
What a point is worth
Value4 points = ₹1 against your bill
Expiry24 months, then forfeited
Redemption fee₹99 on statement credit, physical products and physically sent vouchers
Welcome benefit
Welcome₹5,000 e-gift voucher: Yatra, Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion or Shoppers Stop
Milestones
Milestones
- 10,000 points at ₹3 lakh and at ₹4 lakh; 15,000 at ₹5 lakh and at ₹8 lakh yearly spend (up to 50,000 points)
Airport lounges
Domestic2 visits a quarter
International6 a year via Priority Pass (max 2 a quarter); Priority Pass valid 2 years
Fuel
Fuel1% surcharge waiver, up to ₹250 a month
Spending abroad
Forex markup1.99%
Fees
Joining fee₹4,999 + GST
Annual fee₹4,999 + GST
Fee waiverWaived on ₹10 lakh spend in the preceding year
If you pay late
Late fee₹100–₹1,300 depending on amount due (nil up to ₹100); +₹100 if minimum due missed twice in a row
Interest3.75% a month (45% a year)
Cash withdrawal2.5% or ₹500, whichever is higher
Who can apply
AgeNot stated on product page
SalariedNot stated on product page
Self-employedNot stated on product page
More perks
Perks
- Free movie tickets worth ₹6,000 a year (primary card)
- 1-year Club ITC Silver membership
- Mastercard: 4 golf green-fee rounds
Sources
Everything on this page comes from these bank documents. Tap any box above for the full wording.
- SBI Card ELITE product page Product page · 2 Oct 2026
- SBI Card Most Important Terms & Conditions Fee schedule · 2 Oct 2026
Card image: SBI Card's own website.
