SBI Card MILES – Benefits, Rewards, Fees, Eligibility, and How to Apply Online

The SBI Card MILES is a travel-focused credit card that offers rewards on everyday purchases, including travel-related expenses, dining, and groceries. It provides complimentary lounge access, travel credits, and flexible redemption options, making it an ideal choice for frequent travellers looking to maximise savings and rewards.

Here are the key benefits and features of the SBI Card MILES, designed to enhance your travel experience with exclusive rewards:

Welcome Gift

Get 1,500 travel credits as a welcome gift when you spend ₹30,000 within the first 60 days, redeemable for air miles or travel bookings.

Miles Rewards

Earn 2 travel credits for every ₹200 spent on travel and 1 credit for every ₹200 spent on all other purchases, convertible to air miles or hotel points.

Milestone Benefits

Earn 5,000 bonus travel credits on ₹5 Lakhs annual spends and enjoy an additional domestic lounge visit for every ₹1 Lakh spent, adding more travel value.

International Travel Privileges

Enjoy complimentary Priority Pass Membership, giving access to over 1,000 international airport lounges, making your global travel more convenient and comfortable.

Domestic Travel Privileges

Receive 4 complimentary domestic lounge visits per year, with up to 1 visit allowed per quarter, ensuring a relaxing experience during your travels in India.

Worldwide Acceptance

Use your SBI Card MILES in over 24 million outlets worldwide, including 3,25,000 outlets across India, making it convenient for purchases anywhere that accepts MasterCard/RuPay.

Other Travel Benefits

Benefit from a 3% foreign currency mark-up on international transactions and a 1% fuel surcharge waiver on petrol purchases, helping you save on travel expenses.

Flexipay

Convert your purchases of ₹2,500 or more into easy monthly instalments using Flexipay, helping you manage large purchases with affordable EMIs.

Fraud Liability Cover

Receive ₹1 Lakh fraud liability cover for unauthorised transactions, protecting you if your card is lost or stolen, with coverage for up to 7 days after reporting.

Balance Transfer on EMI

Transfer outstanding balances from other bank credit cards to your SBI Card MILES and pay at a lower interest rate through EMI, saving on interest charges.

Contactless Advantage

Make secure payments with the contactless feature, allowing you to tap your card for fast transactions without handing over the card, reducing the risk of fraud.

Here are the eligibility criteria for the SBI Card MILES to help you determine if you qualify for this travel rewards card:

• You must be between 21 and 70 years of age

• You should be a resident of India with valid identification and address proof

• A stable income is required, whether from salaried employment or self-employment

• You must have a good credit score and a strong repayment history

Here is a simple, step-by-step guide to applying for the SBI Card MILES online via Bajaj Markets:

1. Start by clicking on ‘Check Card Offer’ to initiate your SBI Card MILES application

2. Fill in your mobile number and occupation details in the necessary fields

3. Agree to the terms and conditions to proceed with your application

4. Verify your information by entering the One-Time Password (OTP) sent to your registered mobile number

5. Double-check and confirm the pre-filled details, such as PAN, email address, residential PIN code, and income information

6. Choose the SBI Card MILES from the list of available options based on your eligibility

7. Click on ‘Submit’ to finalise your application

Here’s how to maximise rewards with the SBI Card MILES, ensuring you make the most out of your spending and earn valuable travel benefits:

1. How You Earn Travel Credits

• You earn 2 Travel Credits for every ₹200 spent on travel-related purchases such as flights, hotels, and holiday bookings, helping you accumulate rewards quickly.

• For all other eligible spending, you earn 1 Travel Credit for every ₹200 spent, allowing you to earn rewards on everyday purchases like groceries and dining.

• Travel Credits can be converted into Air Miles, Hotel Points, Travel Bookings, or products from a wide variety of catalogues, giving you flexible redemption options.

To redeem your earned Travel Credits, log in to your SBI Card account and choose from options such as converting them to air miles, hotel loyalty points, or using them for travel bookings.
You can also redeem Travel Credits for a wide selection of products through the Shop & Smile rewards catalogue, including electronics, apparel, accessories, homeware, and more.

Travel Credits offer different values depending on how you redeem them:

• 1 Travel Credit = ₹1 when converted to air miles or hotel points

• 1 Travel Credit = ₹0.50 for travel bookings

• 1 Travel Credit = ₹0.25 for products from the Shop & Smile rewards catalogue
  

• The SBI Card MILES allows you to redeem your Travel Credits for various products and services from the Shop & Smile rewards catalogue

• You can choose from a wide range of items, including electronics, apparel, accessories, homeware, and more, for your Travel Credits

• Alternatively, you can convert your Travel Credits into cash, with 1 Travel Credit equalling ₹1 for air miles or hotel points

• For travel bookings, 1 Travel Credit equals ₹0.50, and for products from the Shop & Smile catalogue, it equals ₹0.25

• To maximise your rewards, focus your spending on higher reward categories like travel and dining, earning Travel Credits more quickly

By strategically spending on these categories, you can redeem your Travel Credits for valuable experiences or products.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.