SBI Elite Credit Card Features & Benefits – Detailed Review

The SBI ELITE Credit Card stands out in the premium segment of credit cards, offering a blend of luxurious benefits and attractive rewards. Designed for high-net-worth individuals, this card promises an elite experience with exclusive privileges. From airport lounge access to a robust rewards system, the SBI Card ELITE is tailored to meet the lifestyle needs of discerning customers.

Overview

The SBI Card ELITE is a premium credit card known for its comprehensive rewards and benefits. It offers a high reward rate, exclusive memberships, and significant travel perks, making it a top choice for those who seek luxury and convenience. The card has an annual fee of INR 4,999, which is justified by the plethora of benefits it offers.

Joining Fees

Fee Type	Amount	Benefits
Joining Fee	INR 4,999 + applicable taxes	E-gift voucher worth INR 5,000 from premium brands such as Yatra, Pantaloons, Hush Puppies/Bata, Aditya Birla Fashion, and Shoppers Stop.
Renewal Fee	INR 4,999 + applicable taxes	Waived off if annual spends exceed INR 10 lakhs.

Membership Benefits

Upon joining, cardholders gain complimentary memberships to Club Vistara, Trident Privilege Red Tier, and Elite Priority Pass Program. These memberships come with additional perks like priority check-ins, room upgrades, and access to airport lounges, enhancing the overall travel experience.

Rewards

Category	Reward Points Earned	Details
Regular Spend	2 Reward Points for every INR 100 spent	Excludes fuel.
Accelerated Spend	10 Reward Points for every INR 100 spent	Applicable on dining, groceries, and departmental store purchases.
Caps	No Caps	Cardholders can earn unlimited reward points.

Milestone Benefits

Annual Spending	Benefits
INR 3 Lakhs	E-gift voucher worth INR 5,000.
INR 4 Lakhs	10,000 Reward Points.
INR 5 Lakhs	E-gift voucher worth INR 7,000.
INR 8 Lakhs	20,000 Reward Points.

Redemption

Reward points can be redeemed in several ways, providing flexibility to the cardholders:

• Flights and Hotel Bookings: Points can be used to book flights and hotels through the SBI Card travel portal.
• Airmiles Conversion: Points can be converted to airmiles for various frequent flyer programs.
• Statement Credit: Points can be used to pay off the card balance, providing a direct financial benefit.

Airport Lounge Access

Access Type	Benefit	Details
Domestic Lounges	2 complimentary visits per quarter to domestic lounges in India.
International Lounges	6 complimentary visits per year through the Priority Pass Program.	Benefit extends to both primary and add-on cardholders.

Airport Transfers

Cardholders can avail of complimentary airport transfer services, which are available 6 times a year. This service ensures a hassle-free and comfortable travel experience.

Forex Markup Fee

The foreign exchange markup fee is 1.99%, which is lower than many other premium cards. Cardholders also earn 2 Reward Points for every INR 100 spent on international transactions, making it a cost-effective option for frequent travelers.

Eligibility

To apply for the SBI Card ELITE, applicants must meet the following criteria:

• Age: 21-60 years
• Income: Minimum annual income of INR 10 lakhs
• Credit Score: Good credit history with a CIBIL score of 750 or above

How to Apply?

Applying for the SBI Card ELITE is a straightforward process:

• Online: Visit the SBI Card website, fill in the application form, and submit the required documents. The application status can be tracked online.
• Offline: Visit the nearest SBI branch, fill out the application form, and submit the necessary documents.

Bottomline

The SBI Card ELITE is a top-tier credit card offering a range of luxurious benefits and a robust rewards program. Its high annual fee is justified by the significant perks, including complimentary memberships, airport lounge access, and milestone benefits. While it may not be suitable for everyone due to the high income requirement, it is an excellent choice for those who can take full advantage of its features.

Card Review Rating: 4.5/5

If the SBI Card ELITE aligns with your lifestyle and spending habits, consider applying for it today on SBI official website and enjoy a world of exclusive privileges.

Feel free to share your experiences and thoughts about the SBI Card ELITE in the comments below!