SBI ELITE Credit Card

By: Our Money Guide | Last updated on: November 28, 2025

The SBI ELITE Credit Card is one of the best premium credit cards in India. 

It offers attractive benefits on shopping and dining expenses. It also provides a range of lifestyle benefits such as complimentary access to lounges at domestic and international airports, movie benefits and a low fee on international transactions.

Brief Overview

Benefits 

• 2.50% cashback on departmental store purchases || grocery purchases || dining spends
• Up to 1.75% additional cashback, on achieving specified yearly card spend requirements (milestone privileges)
• Complimentary visits to airport lounges in India – 2 times per quarter
• Complimentary visits to airport lounges outside India – 6 times per year
• 2 free movie tickets (up to ₹250 each) every month - at Bookmyshow
• Low fee of 1.99% on foreign transactions
• Welcome offer: Gift vouchers worth ₹5000, Club ITC Silver Tier Membership

Charges 

• Annual fee - ₹4,999, waived if you spend ₹10 lakhs or more in the previous year

Detailed Review

Features & Benefits of the SBI ELITE Credit Card

SBI ELITE Credit Card is one of the best SBI Credit Cards, let us review the reward structure in more detail.

2.50% cashback on departmental store, grocery and dining spends

• 10 reward points worth ₹2.50, on every ₹100 spent
• Monthly limit - 10,000 reward points, reached at ₹1 lakh monthly spending

Redeeming reward points | Value of reward points

• 1 reward point = ₹0.25 or 25 paise. 
• You can redeem your reward points for cashback
• Redemption fee of ₹99 is charged, for each redemption

0.50% cashback on other card spends 

• 2 reward points worth ₹0.50, on every ₹100 spent
• No reward points are given on fuel, utilities, rent, wallets, education, jewelry, gaming platforms, government spends

Up to 1.75% additional cashback, on achieving yearly spend targets (milestone privileges)

• 1 reward point = ₹0.25 or 25 paise

Domestic airport lounge access – 8 times per year 

Cardholders can access domestic airport lounges 8 times per year (maximum 2 times per quarter)

Lounge details-

• For Visa version of SBI Elite Card, please click here for details
• For Mastercard version of SBI Elite Card, please click here for details
• For American Express version of SBI Elite Credit Card, please click here for details

International airport lounge access – 6 times per year 

Cardholders can access international airport lounges 6 times per year (maximum 2 times per quarter)

• You get complimentary Priority Pass Membership worth $99. 
• For more information about Priority Pass member lounges, please click here.

Note-

• Only primary card holders are eligible for Priority Pass
• Complimentary membership is valid for two years only.

2 free movie tickets (up to ₹250 each) every month

• Offer valid on booking at least 2 tickets
• Maximum discount: ₹250 per ticket
• Maximum discount per month: ₹500
• There is no discount on convenience fee, convenience fee needs to be paid in full

For example, if you book 2 tickets costing ₹250 each, the total bill would be ₹500 plus convenience fee. In this case you can avail the ₹250 discount on each of the 2 tickets, so you get a total discount of ₹500 and only need to pay only the convenience fee.

Low forex fee of 1.99% on international card transactions

• You enjoy comparatively lower fee of 1.99%, on the value of international card transactions.

Exclusive concierge services

Services include-

• Dedicated assistance on flower delivery, gift delivery, online doctor consultation.
• To avail concierge services, you need to call 1800-2121-68168 or email at support@premiumconcierge.in

Fuel surcharge waiver, up to ₹250 per month

• You get 1% fuel surcharge waiver at all fuel stations across India 
• Valid only on fuel transactions between ₹500 and ₹4000
• Monthly waiver limit: ₹250 

Complimentary credit card fraud liability cover of ₹1 lakh

• Provides financial protection against unauthorised transactions and fraudulent activities, ensuring peace of mind for cardholders.
• The coverage is applicable from 48 hours before reporting the loss and continues for seven days after the loss is reported.