SBI Card ELITE
Issuer: State Bank of India (SBI)
Network: Visa | Tier: Premium
The SBI Card ELITE is a premium credit card that offers accelerated rewards on dining and grocery spends, complemented by lifestyle benefits like Buy 1 Get 1 movie tickets and airport lounge access. It's an excellent choice for those who want premium benefits without the ultra-premium price tag.
Fees & Charges
| Annual Fee | ₹4,999 + GST |
|---|---|
| Joining Fee | ₹4,999 + GST |
| Interest Rate | 3.50% per month |
| Foreign Markup | 3.5% + GST |
| Fuel Surcharge Waiver | 1% waiver on ₹500-₹3,000 |
Rewards & Benefits
| Reward Rate | 2X on dining & grocery |
|---|---|
| Welcome Bonus | 5,000 Reward Points |
| Lounge Access | 6 domestic + 6 international per year |
| Best For | Entertainment lovers and dining enthusiasts |
Key Highlights
- 2X rewards on dining & grocery
- Complimentary movie tickets (Buy 1 Get 1)
- Domestic & international lounge access
- Trident & Milestone Privileges
- Comprehensive travel insurance
Eligibility Criteria
- Minimum income ₹10 lakh per annum
- Good CIBIL score (750+)
- Age 21-65 years
Minimum Income Required: ₹10,00,000+ per annum
Pros
- Great for dining & entertainment
- Movie ticket benefits
- Good lounge access
- Reasonable annual fee for premium tier
- Milestone rewards
Cons
- 3.5% foreign markup is high
- Limited international lounges
- Reward rate could be better on general spends
- No 1:1 miles transfer
Expert Rating: 4.5/5