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SBI Card ELITE

SBI · MASTERCARD4.1/ 5

✓ Details last verified 1 Jan 2025

SSBI
PREMIUM
5••• •••• •••• 0688
Card
SBI Card ELITE
Valid thru
08/29
MASTERCARD
•••

This card is the property of SBI. If found, please return to the nearest SBI branch. Use subject to the issuer's terms.

SBIMASTERCARD

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Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹5,000 in vouchers, points or cashback on card activation

1.25% on Dining

5X points on dining

0.50% on Travel

2X points on travel

✈️

Airport Lounge Access

8 domestic + Priority Pass for international access

💳

Annual Fee Waiver

Fee of ₹4,999/yr fully waived when you spend ₹10,00,000/year

🎬

Movie Ticket Benefit

2 free movie tickets per month via BookMyShow

✈️ TRAVEL BENEFITS

Lounge access, miles, forex rates and travel perks at a glance.

AIRPORT LOUNGE ACCESS

Domestic lounges

Priority Pass

International lounges

₹20,000

Estimated annual value

3.5%

Forex markup

0.5%

Travel reward rate

  • Domestic + international airport lounge access (worth ~₹20,000/yr)

🎬 ENTERTAINMENT BENEFITS

Movies, OTT subscriptions and entertainment perks.

2/month

Free movie tickets

  • 2 free movie tickets per month via BookMyShow

👑 PREMIUM LIFESTYLE BENEFITS

Concierge, golf, hotel membership and high-value perks for premium cardholders.

Ravi is a frequent Vistara and Air India flyer who also dines extensively on business trips. SBI Elite gives 5X points on dining, movies, and grocery — plus complimentary Trident Privilege Red and Club Vistara Silver memberships included. The Priority Pass covers international lounge access. At ₹10L annual spend, his reward value exceeds ₹15,000 in points plus ₹20,000 in perk value.

Who is this for?

For SBI's premium customers who travel business class domestically and dine at upscale restaurants. The Trident Hotels membership and Vistara Silver status are unique benefits that lifestyle travellers undervalue — both give real room upgrades and priority treatment.

At a glance

₹4,999
Joining fee
₹4,999
Annual fee
₹10,00,000/yr spend
Fee waiver
~₹5,000
Welcome benefit
1.25%
Best reward rate
₹60,000/mo
Min income

Full reward structure

What you earn on every rupee, per spend category. Rates assume 1 pt = ₹0.25. How we value points →

CategoryTypeRateMonthly cap
Diningreward points1.25%
Travelreward points0.50%
Otherreward points0.50%

Dining: 5X points on dining

Travel: 2X points on travel

Other: 2X points on all other spends

Fees & charges

The numbers that matter beyond rewards — verify on the issuer site before applying.

3.75% p.m. · 45.0% p.a.
Finance charge (APR)
3.5%
Forex markup

Perks & benefits

Estimated annual value beyond rewards.

~₹24,800
total perk value/yr
✈️
lounge access~₹20,000/yr

8 domestic + Priority Pass for international access

DomesticInternational
🎬
movie ticket~₹4,800/yr

2 free movie tickets per month via BookMyShow

Should you get it?

  • Best for: Frequent travellers, Higher spenders
  • Premium tier a solid all-rounder for steady monthly spend.
  • Strongest value if you spend heavily on Dining (1.25% back).
  • Frequent travellers benefit from the included airport lounge access.

Pros

  • Strong rewards that can offset the annual fee for the right spender
  • Premium lifestyle perks (lounge, concierge, milestone benefits)
  • Lower forex markup, friendlier for international spend

Cons

  • Annual fee applies unless the spend-based waiver is met
  • Higher income / eligibility bar

Eligibility & documents

Age21–65 years
Min. income₹60,000/mo
EmploymentSalaried · Self-employed · Student

DOCUMENTS REQUIRED

  • 📄PAN card
  • 📄Aadhaar / valid address proof
  • 📄Latest 3 months bank statement
  • 📄Income proof — salary slips (salaried) or ITR (self-employed)
  • 📄Recent passport-size photograph

How to redeem rewards

Ways to convert what you earn into real value.

  • 🎁Statement credit / cashback adjustment
  • 🎁Online rewards catalogue (vouchers, merchandise)
  • 🎁Flight & hotel bookings via the issuer rewards portal
  • 🎁Airline / hotel partner point transfers (on eligible cards)

What your sbi reward points are worth

Realistic value per point by redemption route — the difference is what most people leave on the table.

Statement creditBEST

Capped at 60,000 pts/month from Apr 2026

0.25/pt
Rewards catalogueBEST

Vouchers & merchandise

0.25/pt
Compare what every reward currency is worth →

The concern

The earn rate per rupee trails same-fee rivals — Elite's value is concentrated in memberships many holders never activate.

Bottomline

CardAdvisor Rating: 4.1 / 5

Elite stacks Trident Red, Vistara Silver, and Priority Pass into SBI's premium tier — a status-membership portfolio masquerading as a credit card. For travellers who use those memberships it delivers; pure points hunters will find better math elsewhere.

SOURCES & VERIFICATION

Fees, reward rates, and benefits for the SBI Card ELITE are taken from SBI's official Most Important Terms & Conditions (MITC) and fee schedule — see the issuer's official page. Last verified 1 Jan 2025. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →

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