SBI Card ELITE
SBI Card · Points/miles card · ₹4,999 annual fee
Fees & benefits
| Annual fee | ₹4,999 + GST — waived at ₹10,00,000/yr spend |
| Welcome benefit | ~₹1,500 value |
| Airport lounges | 8 domestic · 6 international / year |
| No rewards on | fuel, wallet, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 5X (10 points/Rs.100) on dining/departmental/grocery | 2.5% | ₹2,500 | dining, grocery |
| Base reward points (2 per Rs.100) | 0.5% | Uncapped | all eligible spend |
Milestones
Annual spend e-vouchers: ₹7,000 at ₹3,00,000/yr spend
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
Welcome e-voucher ~Rs.5,000 offsets the fee; 5X on dining/departmental/grocery; 8 domestic + 6 international lounge visits/year.
Verified 2026-07-16 against independent official-source verification; reward-point rupee values are modeled (see est. tags).
Quick answers
Is the SBI Card ELITE lifetime free?
No, the annual fee is ₹4,999 (plus GST), waived on spending ₹10,00,000 a year.
What is the highest reward rate on the SBI Card ELITE?
2.5% — 5X (10 points/Rs.100) on dining/departmental/grocery. Effective value depends on monthly caps; see the caveats on this page.
Does the SBI Card ELITE give airport lounge access?
Yes — 8 domestic visits/year and 6 international visits/year.