SBI Card ELITE
SBI's premium lifestyle card that leads with a free movie-and-entertainment benefit and a welcome gift voucher worth its annual fee. You get complimentary lounge access, milestone rewards and a club membership, making it a strong all-rounder for families.
Why it ranks
- Welcome voucher effectively makes the first year free
- Generous movie ticket benefit every year
- Both domestic and international lounge access
- Milestone bonus points add strong value
What holds it back
- Base reward rate is low outside accelerated categories
- High annual fee versus mid-tier rivals
- Reward point redemption value is modest
Advertiser disclosure: we may be paid if you apply through our links. Ratings are editorial. Confirm today's terms on the issuer's site — offers change.
SBI's premium lifestyle card that leads with a free movie-and-entertainment benefit and a welcome gift voucher worth its annual fee. You get complimentary lounge access, milestone rewards and a club membership, making it a strong all-rounder for families.
SBI Card ELITE at a glance
| Issuer | SBI Card |
| Card network | Mastercard |
| Annual fee | ₹4,999 |
| Welcome bonus | e-Gift voucher worth Rs.5,000 on joining |
| Rewards rate | Around 0.5% base, up to 2.5% on accelerated categories |
| Intro APR | N/A |
| Regular APR | 3.75% a month (45% a year), per SBI Card's key fact statement |
| Foreign transaction fee | 1.99% markup on foreign currency transactions |
| Credit needed | Good to Excellent |
| Best for | Families who want entertainment perks plus travel benefits |
| Airport lounge access | Yes |
Rewards & benefits
- Welcome e-gift voucher worth Rs.5,000 that offsets the fee
- 5X Reward Points on dining, departmental stores, grocery and movies
- Free movie tickets worth up to Rs.6,000 per year via BookMyShow
- Up to 50,000 bonus Reward Points per year on spend milestones
- Complimentary Club Vistara and Trident Privilege memberships
Eligibility & who it suits
- Indian resident, salaried or self-employed
- CIBIL score of 750 or above recommended
- Stable monthly income meeting SBI Card's criteria
- Valid PAN and KYC documents
How to apply
Check current rates on SBI Card’s official site →
This opens the issuer’s official application page in a new tab. We may earn a commission if you are approved — it never changes the terms you receive.
Rates, fees, welcome offers and benefits are provided for general information, can change at any time, and may not reflect current terms. Always confirm the latest details on the issuer’s official site before applying. This is not financial advice.
How it ranks against similar India cards
| Rank | Card | Annual fee | Rewards | Welcome offer | Foreign fee | Who qualifies | Score |
|---|---|---|---|---|---|---|---|
| 1 | SSBI CardSBI ELITE₹4,999/yr · IN SBI Card ELITEFamilies who want entertainment perks plus travel benefits |
₹4,999/yr | Around 0.5% base, up to 2.5% on accelerated categories | e-Gift voucher worth Rs.5,000 on joining | 1.99% markup on foreign cu… | Good to Excellent | |
| 2 | HHDFC BankHDFC Infinia Metal Edition₹12,500/yr · IN HDFC Infinia Credit Card (Metal Edition)High-net-worth spenders who want top-tier travel and luxury perks |
₹12,500/yr | 3.3% base value, up to 33% on SmartBuy bookings | 12,500 bonus Reward Points on fee payment | 2% markup on foreign curre… | Excellent | |
| 3 | HHDFC BankHDFC Diners Club Black Metal₹10,000/yr · IN HDFC Diners Club Black Metal Credit CardFrequent flyers who want luxury perks on the Diners network |
₹10,000/yr | 3.3% base, up to 33% via SmartBuy | Club Marriott, Amazon Prime and Swiggy One (3 months) on spe… | 2% markup on foreign curre… | Excellent | |
| 4 | AAxis BankMagnus₹12,500/yr · IN Axis Bank Magnus Credit CardPoints maximizers who transfer rewards to airline miles |
₹12,500/yr | Around 4.8% base value, higher via partner transfers | Large bonus EDGE Points or voucher on spend milestone | 2% markup on foreign curre… | Excellent |
Reader reviews
No reader reviews yet. Have this card? Share how it has worked for you.
Write a review
Reviews appear after moderation.
Comments & Questions (0)
No comments yet — be the first to ask. Comments appear after review.
Leave a comment
Your comment appears after our team approves it. Or sign in to post faster.