SBI Elite Card
State Bank of India · Reward Points · Reward Points
This comprehensive guide covers the SBI Elite Card's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The SBI Elite Card from State Bank of India offers reward points rewards redeemable as reward points. Top earning categories include 10x points on international spend and more. Annual fee is ₹4,999 (waived above inr 2,000,000 annual spend).
Best for: Travel, Dining, Grocery, General Online
Official product page → Official rules →
Annual fee: ₹4,999
Waiver: Waived above INR 2,000,000 annual spend
Waiver: Waived above INR 2,000,000 annual spend
Reward Rules
- 10 pts/$100 10x points on international spend
- 10 pts/$100 10x points on dining
- 10 pts/$100 10x points on groceries
- 1 pts/$100 1x point per INR spent on all other purchases
Important Notes
- Welcome bonus points
- Annual fee: INR 4,999
- No foreign transaction fees on international spends
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
SBI Elite Card vs Similar Cards
- Axis Bank Magnus Credit Card — Reward Points · ₹10,000
- Axis Bank Magnus Burgundy Credit Card — Reward Points · ₹12,000
- Axis Bank MyZone Credit Card — Reward Points · ₹500
Maximize Your Rewards
To earn the highest rewards, use the SBI Elite Card for its bonus categories: Travel, Dining, Grocery, General Online, Electronics Accessories.