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The State Bank of India offers an all-rounder premium credit card named SBI ELITE Credit Card to the customers with high spending habits. You can enjoy the benefits across varied categories including shopping, travel, movies and more. SBI ELITE Card is a highly rewarding card because of its reward rate of 2.5% (applicable on certain categories. Read ahead to know more about the SBI ELITE card benefits, features and more.

Key Highlights of SBI Elite Credit Card

Card Type


Joining Fee


Renewal Fee

₹4,999 (waived off if the annual spend is more than ₹10 Lakh)

Welcome Benefit

₹5,000 worth welcome gift vouchers

Minimum Income Required

Monthly income of ₹60,000

Best Suited For

Rewards and Travel

Best Feature

Up to 50,000 bonus rewards points worth ₹12,500/ year; Complimentary Club Vistara Silver and Trident Privilege Red Tier Membership


How To Apply For SBI ELITE Credit Card

If you want the SBI ELITE Credit Card, you can apply online via the Bajaj Markets website or app by following the steps mentioned below:

  • Step 1: Visit the Bajaj Markets website or app
  • Step 2: Fill in your details
  • Step 3: Check out the list of multiple SBI Credit Cards
  • Step 4: Select the Credit Card you find right for yourself
  • Step 5: Submit your application form

SBI ELITE Credit Card - Eligibility Criteria & Documents Required

To apply for SBI Credit Card ELITE, one should fulfil certain eligibility criteria and have to submit required documents. They are explained below.

Eligibility Criteria

  • The applicant should be a resident of India.

  • The applicant should be employed or have a regular source of income.

  • Salaried applicants should be between the age of 21-55 years

  • Self-employed applicants should be between the age of 21-70 years

  • The applicant should have a minimum of ₹60000 as monthly income.

Documents Required

  • Identity proof

  • Residence proof

  • Form 16/salary slip for last 3 months/IT return copy as income proof

SBI ELITE Card Reward Points

Reward Point



Welcome Rewards

Welcome e-vouchers across top brands


Complimentary Movie Tickets

Discount up to ₹250 on 2 movie tickets per month

Up to ₹6,000 every year

50,000 Milestone Rewards

Milestone privileges


Rewards on International Transactions

Low Forex of 1.99% on International usage

2 reward points per ₹100 per spent

ELITE Rewards

  • Pay credit card outstanding with reward points

  • Fuel Surcharge Waiver

2 reward points per ₹100 spent


How To Redeem SBI ELITE Credit Rewards

To redeem your SBI ELITE reward points, you should use SBI credit card net banking :

  • Step 1: Log in to your Net banking account.
  • Step 2: From the main page, choose the option of 'redeem rewards'.
  • Step 3: You can see your rewards on the left side of this page.
  • Step 4: From the categories given, you can choose the reward category from which you wish to redeem the points.
  • Step 5: Select your city.
  • Step 6: Enter the quantity of the reward points.
  • Step 7: Select 'add to cart'.
  • Step 8: Carefully read the disclaimer given.
  • Step 9: Select the option of 'place order'.

Features & Benefits of SBI ELITE Card

Check out the SBI ELITE Credit Card benefits and features given below:

1. Welcome benefits worth ₹5000

You will receive ₹4,999 worth welcome e-gift voucher on payment of SBI Card ELITE annual fee as joining fee. You can choose to redeem the voucher from any of the following brands.

  • Hush Puppies

  • Pantaloons

  • Bata

  • Yatra

  • Aditya Birla Fashion

  • Shoppers Stop

2. ELITE Reward Points

You can earn ELITE reward points on all purchases. Note that 4 reward points are equal to ₹1. You can utilise these benefits across various categories. The reward point structure is:

  • Earn 5X Reward Points on dining, grocery and departmental stores spends

  • Earn 2 Reward Points per ₹100 on all other spends, except fuel

  • Earn 2 Reward Points on every ₹100 spent on International transactions

3. Free Movie Tickets

Get ₹6,000 worth free movie tickets annually. The transaction will be valid on at least 2 tickets per booking every year and you can avail a maximum benefit of ₹250 per ticket.

4. Milestone Benefits

  • Receive an annual 50,000 bonus reward points which is worth ₹12,500

  • Once annual spends reach ₹3 lakhs and ₹4 lakhs, get 10,000 bonus reward points

5. Complimentary Club Vistara Silver Membership

  • Get 1 complimentary Upgrade Voucher

  • For every ₹100 spent on Vistara flights, earn 9 Club Vistara Points

  • Offer is valid for Primary Cardholders only

6. Complimentary Trident Red Tier Membership

  • On registration, receive exclusive 1,000 Welcome Points

  • On your first stay, enjoy 1,500 bonus points and on extended night stay, an additional ₹1,000 hotel credit.

  • Offer is valid for Primary Cardholders only

7. International Lounge Program

  • Access over 1000 Airport Lounges worldwide

  • Free membership to the 99 dollars worth Priority Pass Program.

  • 6 free Airport Lounge visits outside India every calendar year (max. 2 visits per quarter) W.e.f. 1st July 2017

8. Domestic Lounge Program

Get 8 free Domestic Airport Lounge visits in India every year.

Offer is brought to you by Visa/Mastercard/American Express and is for a limited period only

9. Lowest Forex Markup

SBI Card ELITE offers you the privilege of the lowest Foreign Currency Mark-up Charge of 1.99% on International usage.

10. Exclusive Concierge Service

Dedicated assistance on gift delivery, flower delivery, online doctor consultation, etc.

Fees and Charges of SBI Card ELITE

The SBI ELITE Credit Card Fees and Charges include:

Annual Fee (one-time)

₹4,999 + taxes

Renewal Fee (per annum)

₹4,999 + taxes from second year onwards

Add-on Fee (per annum)


Finance charges

Up to ₹25 or 3.35% per month (whichever is higher)

Minimum amount due

5% of total outstanding

Cash Advance Limit

Up to 80% of credit limit, with a maximum of ₹12,000 per day

Free Credit Period


Payment Dishonour fee

2% of the payment amount, subject to a minimum of ₹500

Statement retrieval

₹100 per statement, which is two-months old or more

Late payment

Nil for total amount due from ₹0- ₹500;

₹400 for total amount due greater than ₹500 & up to ₹1,000; ₹750 for total amount due greater than ₹1,000 & up to ₹10,000; ₹950 for total amount due greater than ₹10,000

Card replacement


Emergency card replacement, when abroad

Actual cost, with a minimum of $175

Foreign currency transaction

Conversion mark-up: 1.99%

Dynamic Currency Conversion

Mark-up fee: 3.50% (for all cards except ELITE) 1.99% (for ELITE cardholders only; for transactions greater than or equal to ₹1,000)


  • Railway tickets through counters: ₹30 + 2.5% of transaction amount

  • Railway tickets through 1.8% of transaction amount + service charge, as applicable

  • Petrol and other products or services sold at petrol pumps: 1% fuel surcharge waiver for each transaction between ₹500 and ₹4,000, exclusive of applicable taxes, wherever applicable, and all other charges.g Maximum surcharge waiver of ₹250 per statement cycle, per credit card accounts

  • 1% of transaction amount for transaction amount between ₹500 to ₹4,000


SBI ELITE Credit Card Limit

The SBI ELITE card credit limit is decided at the bank’s discretion. Several factors are considered while approving this limit. They are:

  • Credit history of the applicant, the

  • Credit report

  • Credit score

  • Ongoing debts or loans of the applicant

SBI Card ELITE Customer Care

In case of any queries or complaints regarding SBI ELITE credit card, you can reach up to

  • SBI Credit Card Customer Care using the helpline number 1860 180 1290 (toll-free) or 39 02 02 02 (prefix local STD code).

  • SBI Card Customer Care team via an email through

Similar Credit Cards Offered by SBI Bank

Credit Card

Ideal For

SBI BPCL Credit Card

BPCL SBI credit card is best-suited for purchase of Fuel, Travelling, and Shopping

SBI BPCL Octane Credit Card

BPCL Octane SBI credit card is best-suited for purchase of Fuel, Travelling, and Shopping

Central SBI Credit Card

SBI Central credit card is best-suited for Shopping, Dining, and Entertainment

Club Vistara SBI Card

SBI Club Vistara credit card is best-suited for Travelling, Entertainment, and Dining


SBI FBB STYLEUP credit card is best-suited for Shopping, Rewards, and Cashback


SBI IRCTC credit card is best-suited for Travelling, Entertainment, and Fuel

SBI Lifestyle Credit Card

SBI Lifestyle credit card is best-suited for Shopping, Rewards, and Cashback


SBI Max SELECT credit card is best-suited for Shopping, Rewards, and Cashback


SBI PRIME credit card is best-suited for Travelling, Shopping, and Fuel

SimplyCLICK SBI Card

SBI SimplyCLICK credit card is best-suited for Shopping, Entertainment, and Fuel

SimplySAVE SBI Card

SBI SimplySAVE credit card is best-suited for Shopping, Entertainment, and Fuel


In case of any questions related to your credit card statement, steps to login to your credit card netbanking account, how to use credit card EMI for online shopping, or ways to check your credit score, get in touch with our executives today!

FAQs for SBI ELITE Credit Card

✔️What are the documents acceptable for SBI Card ELITE?

The documents acceptable for an SBI Credit Card ELITE are proof of income documents like salary slips or IT Returns, and proof of identity and residence such as PAN and Aadhaar Cards, a voter’s ID, a passport or a driving licence.

✔️What is the SBI Card ELITE credit limit?

Total Credit Limit: It is the maximum credit limit you can avail on your SBI Card ELITE. Available Credit Limit: It is the credit amount available for purchases as on date.

SMS AVAIL XXXX (XXXX = Last four digits of your SBI Card) from registered mobile number) to know more about your SBI Card ELITE limit.

✔️What are the benefits of an SBI ELITE credit card?

A host of benefits are offered by the card, such as 5 x reward points on all spending, welcome gift vouchers, Trident Hotel membership privileges and global/domestic airport lounge access.

✔️Is the SBI ELITE card worth it?

Yes. This is because you get gift vouchers on joining, milestone gift vouchers, reward points on any spending, hotel and airport privileges and more. 

✔️What is the annual fee for an SBI ELITE credit card?

The annual fee for an SBI ELITE credit card is ₹4,999 plus taxes.

✔️Is SBI Card Elite credit card internationally acceptable?

Yes, the SBI Card Elite credit card is internationally acceptable. It can be used at a foreign currency markup fee of 1.99%.

✔️What is the fraud liability cover that comes with SBI ELITE card?

The complimentary credit card fraud liability cover of SBI ELITE card is worth ₹1 lakh. This cover is liable from the period of 48 hours prior to reporting of loss till 7 days post reporting of loss. 

✔️What is the cash advance limit for SBI ELITE Card?

The cash advance limit on SBI ELITE credit card is up to 80% of the credit limit, with a maximum of ₹15,000 per day. The SBI credit card cash withdrawal charges for this card at any ATM (including SBI) is 2.5% of the transaction amount, subject to a ₹500 minimum.

✔️Can I apply for an add-on card with SBI ELITE Card?

Yes, you can apply for an add-on card with SBI ELITE Card. 

✔️Is SBI Elite card free?

No, the annual membership fee for SBI ELITE credit card is ₹4,999. The annual fee is waived off if you spend ₹10 lakh or more with the card for a year.