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SBI Elite Credit Card

Annual Fee ₹4,999 + GST (Reversed on ₹10 Lakhs annual spend)

Reward Rate 5X (10 RP/₹100) on dining/dept stores/grocery; 2 RP/₹100 on other spends

Lounge Access 2 Domestic/quarter + 6 International Priority Pass visits/year

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SBI Elite Credit Card Visa

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Community Consensus

Consensus Note: SBI Elite Credit Card issued by SBI Card remains a flagship choice for Milestone bonus points, movie tickets & lifestyle privileges. Verified user discussions highlight strong yields on spending thresholds.

At-A-Glance Quick Facts

payments Annual Membership Fee

stars Base Reward Return Rate

flight_takeoff Airport Lounge Privilege

account_balance_wallet Min Monthly Income

₹25,000 / month

speed Recommended CIBIL Score

750+

8.4 / 10

AI Verdict CredSutra Engine

Synthesized objective algorithmic score

Confidence: 95%

The SBI Elite Credit Card issued by SBI Card offers competitive value for Milestone bonus points, movie tickets & lifestyle privileges. Audit your monthly spending against its ₹4,999 + GST (Reversed on ₹10 Lakhs annual spend) fee structure.

Key Trade-offs & Considerations

⚡ Annual fee of ₹4,999 + GST (Reversed on ₹10 Lakhs annual spend)
⚡ Lounge access policy: 2 Domestic/quarter + 6 International Priority Pass visits/year
⚡ Reward rate: 5X (10 RP/₹100) on dining/dept stores/grocery; 2 RP/₹100 on other spends

Key Benefits & Characteristics

stars

Category Rewards Multiplier Matrix

1 RP ≈ ₹0.25 to ₹1.00

Spend Category	Earning Multiplier / Return Rate
flight Travel & Flights	2% to 5% points
shopping_cart Online Shopping & SaaS	1% to 5% cashback
storefront Offline Retail Stores	1% reward points
account_balance Government & Tax Pay	0.5% (Caps apply)
house Rent & Wallet Loads	Excluded / 1% surcharge

receipt_long Fee & Surcharge Breakdown

badge Joining Fee

event_repeat Annual Fee

₹4,999 + GST (Reversed on ₹10 Lakhs annual spend)

savings Fee Waiver Threshold

N/A

currency_exchange Forex Markup

3.5% + GST

warning Late Payment Fee

Up to ₹1,300

Detailed Analysis & Review

Deep-Dive Review: SBI Elite Credit Card

Community Verdict

[!NOTE] The SBI Elite Credit Card is one of SBI Card’s flagship premium offerings, designed for high-frequency spenders who want strong milestone returns, complimentary movie tickets, and airport lounge access. The card delivers up to ₹12,500 in milestone rewards annually, but its ₹4,999 annual fee requires ₹10 Lakhs in annual spends to waive — putting it in the mid-premium segment. The 5X multiplier on dining and grocery is attractive, though the base rate of 2 RP/₹100 on other categories is modest compared to some competitors.

Pros

Strong Welcome Gift: Get a welcome e-Gift Voucher worth ₹5,000 on joining — one of the better welcome benefits in the premium segment.
₹6,000 Movie Tickets Annually: Free movie tickets worth ₹6,000 every year via BookMyShow (up to ₹250 off per ticket, 2 tickets per month).
Up to 50,000 Bonus Reward Points: Earn 10,000 RP at ₹3L and ₹4L milestones, and 15,000 RP each at ₹5L and ₹8L milestones — totaling ₹12,500 in value per year.
5X on Everyday Spends: 10 RP per ₹100 (approx 2.5% return) on dining, departmental stores, and grocery — strong for a premium card.
Domestic Lounge Access: 2 complimentary domestic airport lounge visits every quarter (8 per year), no spend requirement.
International Lounge via Priority Pass: 6 complimentary Priority Pass visits per calendar year (max 2 per quarter), with access to 1,000+ lounges worldwide.
Lowest Forex Markup: 1.99% foreign currency markup — among the lowest in the SBI Card portfolio.
Golf Benefits: 4 rounds of complimentary green fees + up to 50% off on golf games + 1 complimentary lesson per month at select Indian golf courses.
ITC Silver Tier Membership: Complimentary 1-year Club ITC Silver Tier membership (activation required within 60 days of issuance).
Concierge Service: Dedicated concierge for flower delivery, gift delivery, and online doctor consultation.

Cons

High Annual Fee: ₹4,999 + GST annually; requires ₹10 Lakhs spend to reverse — steep for many users.
No Airline Transfer Partners: Cannot transfer points to airlines like KrisFlyer or Vistara — limits redemption flexibility.
Statement Redemption is Poor: Points redeem for cash at only ₹0.25/RP (4 RP = Re. 1) — best value is via vouchers or milestone rewards.
International Lounge Cap: 6 visits/year (max 2/quarter) may feel limiting for frequent international travelers.
Excluded Categories: Fuel, rent, wallet loads, government payments, and EMIs earn zero rewards.

Reward Spends & Categories

Understanding how your card earns is critical to maximizing your monthly budget. The SBI Elite Credit Card earns reward points:

Category Spend	Earning Rate / Reward Points
🍽️ Dining & Restaurants	10 RP per ₹100 (approx 2.5% return, 5X multiplier)
🏬 Departmental Stores	10 RP per ₹100 (approx 2.5% return, 5X multiplier)
🥦 Grocery & Supermarkets	10 RP per ₹100 (approx 2.5% return, 5X multiplier)
✈️ International Transactions	2 RP per ₹100 (base rate + 1 bonus RP)
💻 Online Spends (General)	2 RP per ₹100 (0.5% return)
🛒 Offline / Other Retail	2 RP per ₹100 (0.5% return)
🎓 Education Transactions	0% (Excluded)
🏛️ Government & NPS Payments	0% (Excluded)
🏠 Rent Transactions	0% (Excluded)
⛽ Fuel Transactions	0% (Surcharge waiver applies, no points earned)
💳 Wallet Loads	0% (Excluded)
🛡️ Insurance Payments	2 RP per ₹100 (base rate)

Reward Point Redemption Value

Statement Credit: Value of 1 Point = ₹0.25 (4 RP = Re. 1)
Gift Vouchers (Brand Catalog): Value of 1 Point = ₹0.25
Airline Transfers: Not available

[!TIP] Never redeem at the statement credit rate of ₹0.25/RP. Always use milestone bonuses (₹0.25/RP at face value but with bonuses effectively higher) or gift vouchers for better value.

Airport Lounge & Travel Perks

[!IMPORTANT]

Domestic Airport Lounges: 2 complimentary visits per calendar quarter (8 visits/year) — no spend requirement.

International Airport Lounges (Priority Pass): 6 complimentary visits per calendar year, max 2 per quarter. Access to 1,000+ lounges worldwide.

Post-Complimentary Visit Fee: $27 + applicable taxes per Priority Pass lounge visit after exhausting complimentary visits.

Priority Pass Validity: Complimentary membership valid for 2 years from card issuance.

Golf: 4 rounds of complimentary green fees + up to 50% off on golf games + 1 complimentary lesson per month at select Indian golf courses.

Forex Markup: 1.99% on international transactions — among the lowest in the SBI Card range.

Annual Milestone Benefits

Milestone Spend	Reward
₹3 Lakhs/year	10,000 Bonus Reward Points (₹2,500 value)
₹4 Lakhs/year	10,000 Bonus Reward Points (₹2,500 value)
₹5 Lakhs/year	15,000 Bonus Reward Points (₹3,750 value)
₹8 Lakhs/year	15,000 Bonus Reward Points (₹3,750 value)
₹10 Lakhs/year	Annual Fee Reversed (₹4,999 value)

[!NOTE] Total potential milestone value: ₹17,499/year (₹12,500 in RP + ₹4,999 fee reversal), assuming all milestones are hit.

Data Verification

Verification Tier: LIVE VERIFIED
Editorial Feeds: Official SBI Card portal (live scrape July 4, 2026), confirmed milestone amounts, fee reversals, lounge counts, and membership details.
Last Status Update: July 4, 2026

For official terms, interest rates, and applications, refer to the Bank Reference Page.