SBI, the nation’s leading lender, has more than 50 credit cards of varying benefits and features. While each card serves a specific set of consumers, there are a few cards that are better than most. 

SBI Card Elite is one such card that comes with all-around benefits to the user. Users can avail rewards across multiple categories, and are benefitted by a no-hassle and easy redemption process. 

SBI Elite Card – A Snapshot 

Annual Fee

Rs. 4,999 (get it reversed when you spend more than Rs. 1 lakh in a year)

Best Suited For

Travel and Shopping

Minimum Income

Rs. 60,000 per month

Base Reward Rate


Reward Value

1 Reward Point= Re. 0.25


Key Highlights Of SBI Elite Card: 

  • 5,000 Welcome E-Voucher from any of the following brands: Bata/Hush Puppies, Pantaloons, Aditya Birla Fashion, Shoppers Stop, or Yatra
  • Earn 2 points for every Rs. 100 spent in all categories.
  • Get five times the rewards on dining, groceries, and department store purchases.
  • BookMyShow offers two movie tickets worth Rs. 250 each month, as well as complimentary membership to Priority Pass, Club Vistara Silver, and Trident Red Tier.
  • Only a 1.99% foreign exchange markup is charged.
  • Earn up to 50,000 reward points worth Rs. 12,500 per year by meeting various spending targets.

Verdict: SBI Elite Card, though charges a high annual fee, when used correctly, bestows some of the best-in-class benefits to its users. Be it for shopping, travel, leisure, or lifestyle, SBI Elite Card is truly for the elite. 

Apply for the latest SBI Credit Card through Creditmantri. Compare features and benefits before you make a choice. Check them out now!