Miles & More SBI Credit Card
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Community Consensus
Consensus Note: Miles & More SBI Credit Card issued by SBI Card remains a flagship choice for Travelers & Earning Lufthansa Miles. Verified user discussions highlight strong yields on spending thresholds.
At-A-Glance Quick Facts
AI Verdict CredSutra Engine
Synthesized objective algorithmic score
The Miles & More SBI Credit Card issued by SBI Card offers competitive value for Travelers & Earning Lufthansa Miles. Audit your monthly spending against its ₹1,500 + GST fee structure.
Key Trade-offs & Considerations
- ⚡ Annual fee of ₹1,500 + GST
- ⚡ Lounge access policy: None
- ⚡ Reward rate: 2 Miles per ₹100
Key Benefits & Characteristics
Category Rewards Multiplier Matrix
| 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
Detailed Analysis & Review
Community Verdict
[!NOTE] Our Take: The Miles & More SBI Credit Card is designed for frequent flyers who want to earn Lufthansa Miles & More award miles. With 2 Miles per ₹100 spent on travel and airline bookings, it can help you accumulate miles for Lufthansa and Star Alliance partner airlines. However, the high annual fee of ₹1,500 and lack of lounge access limits its general utility.
Pros
- Direct Lufthansa Miles: Earn Miles & More miles directly on your card expenditures.
- Star Alliance Partner Access: Points can be redeemed for flight rewards across the entire Star Alliance network.
- Accelerated flight earning: Earn 2 miles per ₹100 spent on booking airline flights.
Cons
- High Annual Fee: Comes with an annual maintenance charge of ₹1,500 + GST with high waivers.
- No Complimentary Lounges: Lacks free airport lounge access features.
- Category Exclusions: Standard exclusions on utilities, government bills, and rent applies.
Reward Spends & Categories
Understanding how your card earns is critical to maximizing your monthly budget. The Miles & More SBI Credit Card delivers a reward yield of 2’ Miles per ₹100 with the following earning rates per category:
| Category Spend | Earning Rate / Reward Points |
|---|---|
| ✈️ Flights & Hotels | 2 Miles per ₹100 |
| 🛍️ Online Shopping | 1.5% rewards online |
| 🛒 Offline / Retail Spends | 1% flat retail |
| 🏛️ Government Spends | 0% (Government transactions excluded) |
| 🏠 Rent Transactions | 0% (1% fee capped at ₹250 + GST) |
Reward Point Redemption Value
When redeeming your accumulated points, select the highest value redemption channel:
- Cash / Statement Credit: Value of 1 Point = ₹0.25
- Airmiles (Flight Transfers): Value of 1 Point = 0.50 Airmile per point
- Cash Vouchers (Brand Catalog): Value of 1 Point = ₹0.25
Airport Lounge & Travel Perks
Lounge accessibility is currently one of the most volatile card benefits in India. This card offers: None.
[!TIP] With multiple banks implementing quarterly spend-based criteria, make sure you meet the baseline thresholds in the preceding quarter to prevent lounge access declines at the terminal.
Data Verification
- Verification Tier: LIVE_VERIFIED
- Editorial Feeds: 3 Articles
- Last Status Update: 2026-06-19
For official terms, interest rates, and applications, refer to the Bank Reference Page.