SBI Card · Premium travel card
SBI Card ELITE
SBI Card's flagship lifestyle card. Modest base rewards, but the welcome voucher, movie benefit, milestone bonuses, and a 1.99% forex markup — among India's lowest — make it a benefits card rather than a points-chasing card.
Fees & welcome
Joining fee
₹4,999 + GST.
Last reviewed 2026-06-12 — confirm on official page
Annual / renewal fee
₹4,999 + GST.
Last reviewed 2026-06-12 — confirm on official page
Fee waiver
Waived on spends of ₹10 lakh in the preceding year.
Last reviewed 2026-06-12 — confirm on official page
Welcome benefit
e-Gift voucher worth ₹5,000 (choose from Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Shoppers Stop, or Yatra) on payment of the joining fee — first year only.
Last reviewed 2026-06-12 — confirm on official page
Renewal benefit
- No renewal voucher.
- The movie and milestone benefits continue each year.
Last reviewed 2026-06-12 — confirm on official page
Earn rates
Regular spends
2 Reward Points per ₹100 (4 RP = ₹1, about 0.5% back)
Dining, groceries & departmental stores
10 Reward Points per ₹100 (about 2.5% back)
Milestone bonuses
Up to 50,000 bonus points (~₹12,500) per year at ₹3L, ₹4L, ₹5L and ₹8L spend tiers
Movie benefit
Free BookMyShow tickets worth up to ₹6,000/year (2 tickets/month, ₹250 cap per ticket)
Last reviewed 2026-06-12 — confirm on official page
Plain math
Spend ₹8 lakh in a year and the milestones alone return about ₹12,500 in points — effectively covering the fee twice — before counting base points or movie savings.
Lounge & forex
Lounge access
6 complimentary international lounge visits via Priority Pass plus domestic lounge access (per-quarter caps apply — confirm current limits on the official page).
Last reviewed 2026-06-12 — confirm on official page
Forex markup
1.99%.
Last reviewed 2026-06-12 — confirm on official page
Who it's for
Best for
- Lifestyle spenders who will actually use the movie and voucher benefits.
- International travellers who want a low 1.99% forex markup without an ultra-premium fee.
- Spenders in the ₹3–8 lakh/year band where the milestone bonuses compound.
Not ideal for
- Points maximisers — there are no airline or hotel transfer partners, and the base 0.5% rate is below many entry-level cards.
- The earlier Club Vistara and Trident memberships have been discontinued.
Official sources
Last reviewed 2026-06-12 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.