SBI Shopping Elite Card
State Bank of India · Reward Points · Reward Points
This comprehensive guide covers the SBI Shopping 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 Shopping Elite Card from State Bank of India offers reward points rewards redeemable as reward points. Top earning categories include 10x points on department stores and more. Annual fee is ₹499 (waived above inr 50,000 quarterly spend).
Best for: Grocery, Online Retail, Dining, General Online
Official product page → Official rules →
Annual fee: ₹499
Waiver: Waived above INR 50,000 quarterly spend
Waiver: Waived above INR 50,000 quarterly spend
Reward Rules
- 10 pts/$100 10x points on department stores
- 10 pts/$100 10x points on online shopping
- 2 pts/$100 2x points on dining
- 1 pts/$100 1x point per INR spent on all other purchases
Important Notes
- Welcome bonus points
- Annual fee: INR 499
- No foreign transaction fees
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 Shopping 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 Shopping Elite Card for its bonus categories: Grocery, Online Retail, Dining, General Online, Electronics Accessories.