SBI
Premium
ELITE
SBI BANK
VISA

Premium · Visa / Mastercard / American Express

Card ELITE

By SBI · Visa / Mastercard / American Express

₹4,999

+ GST

Annual Fee

FREE

Joining Fee

up to 2.5%

Best Rate

The Verdict

Premium SBI card with strong all-around benefits. Fee of ₹4,999 effectively free with ₹5K welcome/renewal voucher. 1.99% forex is a standout — cheapest among all SBI cards and comparable to premium HD...

Best Suited For

  • International travelers — 1.99% forex (lowest SBI) + Priority Pass (6 intl/year)
  • Movie buffs — ₹6K free tickets/year
  • Dining/grocery heavy spenders — 5X RP (2.5%)
  • ITC Hotel loyalists — Silver membership + 25% off 2nd night + 20% off food
  • Milestone chasers — up to ₹12,500 in milestone RP on ₹8L spend
  • Users wanting premium card with fee effectively neutralized (₹5K voucher vs ₹4,999 fee)

Welcome & Onboarding

  • Benefit 1

    Welcome e-Gift Voucher worth ₹5,000

Airport Lounge Access

  • Domestic

    2 complimentary domestic airport lounge visits per quarter

  • International

    6 complimentary visits per calendar year (max 2 per quarter)

Reward Rates

Dining/Dept Stores/Grocery (5X)

Cap: ₹10,000/month

2.5%

Base Spends

0.5%

Milestone Rewards

₹3,00,000 annual spends

10,000 bonus Reward Points (₹2,500)

₹4,00,000 annual spends

10,000 bonus Reward Points (₹2,500)

₹5,00,000 annual spends

15,000 bonus Reward Points (₹3,750)

₹8,00,000 annual spends

15,000 bonus Reward Points (₹3,750)

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