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premiumpointsSBI Card · Visa

SBI Card ELITE

Base 2 RP per ₹100 (~1.33% at 4 RP = ₹1). 5X on Dining, Groceries, Departmental stores. Lower forex markup (1.99%) is a notable perk. Rewards redeem via SBI catalog — no airline transfers.

what it costs

joining fee4,999
annual fee₹4,999
how to dodge the feeAnnual fee waived on ₹10,00,000 spend in the preceding anniversary year
forex markup1.99% + GST

how you earn

every ₹100 you swipe earns you points in SBI Reward Points.

default1.33× / ₹100
dining6.66× / ₹100

freebies

welcome gift₹5,000 gift voucher from partners (Yatra / Bata / Pantaloons / Marks & Spencer / Aditya Birla) on joining fee payment
spend ₹3,00,00010,000 Reward Points
spend ₹4,00,00010,000 Reward Points (incremental)
spend ₹8,00,00015,000 Reward Points (incremental)

extras

domestic lounges8/year (max 2/quarter)
international lounges6/year via Priority Pass
who can applySalaried or self-employed; minimum gross income ₹6L+ p.a.

want it?

all numbers checked against the bank's page on 2026-05-28. apply links may carry an affiliate tag — see our disclosure.