SBI Elite Credit Card Offers & Benefits
SBI Elite Credit Card
Rewards Rate
- Get 5X Reward Points on Dining, Departmental stores and Grocery Spends
- Earn 2 Reward Points per ₹100 on all other spends, except fuel
SignUp Bonus
- Welcome e- Gift Voucher worth ₹5,000
- For Pantaloons, Shoppers Stop and Hush Puppies /Bata you can redeem your e-gift voucher by showing the code at the respective brand store
Fee
₹4,999
Milestone Benefit
- Earn upto 50,000 Bonus Reward Points worth ₹12,500/ year
- Earn 10,000 bonus Reward Points on achieving annual spends of ₹3 lakhs
Card Brand
Key Details of SBI Elite Credit Card
- Welcome e- Gift Voucher worth ₹5,000
- For Pantaloons, Shoppers Stop and Hush Puppies /Bata you can redeem your e-gift voucher by showing the code at the respective brand store
- Free Movie Tickets worth ₹6,000 every year
- Transaction valid for at least 2 tickets per booking per month. Maximum discount is ₹250/ticket for 2 tickets only. Convenience Fee would be chargeable
- Earn upto 50,000 Bonus Reward Points worth ₹12,500/ year
- Earn 10,000 bonus Reward Points on achieving annual spends of ₹3 lakhs
- Get 5X Reward Points on Dining, Departmental stores and Grocery Spends
- Earn 2 Reward Points per ₹100 on all other spends, except fuel
- Complimentary membership to the Priority Pass Program worth $99
- Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India
- Get 1 complimentary Lounge Access Voucher and 1 Upgrade Voucher
- You are also entitled to 2 Reward Points on every ₹100 spent on International transactions.
Pro's of SBI Elite Credit Card
- Welcome e- Gift Voucher worth ₹5,000
- Free Movie Tickets worth ₹6,000 every year
Fee Details of SBI Elite Credit Card
- Joining Fee - ₹4,999+ GST
- Renewal Fee - ₹4,999+ GST
Cash withdrawal Interest
3.35% per month
Purchase Interest
3.35% per month
Charges of SBI Elite Credit Card
| Fee Type | Charges |
|---|---|
| Cash withdrawal fee | 2.5% on advanced amount, subject to minimum of ₹500 |
| Late payment charges |
|
| Payment dishonor fee | 2% of the payment amount or ₹450 |
| Statement retrieval fee | ₹100 per statement |
| Card replacement charge | ₹100 |
| Over-limit fee | 2.5% of the over-limit amount or ₹500 |
| Rewards redemption fee | ₹99 |
| Fee on cash payment at branches | ₹100 |
Eligibility of SBI Elite Credit Card
- Applicant should be either self-employed or salaried.
- Age should be between 21 and 65.
- Good credit score.
Documentation for SBI Elite Credit Card
- KYC documents
- PAN card or Form 60
- Income proof such as salary slip, Income tax returns Form 16
- Proof of residence: Passport or driving license or ration card or electricity bill or Landline telephone bill
Accepted Documents
- Proof of Identity
- PAN Card
- Aadhaar Card
- Voter’s ID Card
- Passport
- Driving Licence
-
Proof of Address
- Aadhaar Card
- Passport
- Utility bills (not more than 3 months old)
- Any other government-approved ID
-
Proof of Income
- Bank statement for the last 3 months
- Salary slips for the last 3 months
- Audited financials for the last two years (for self-employed)
- Form 16
Frequently asked questions
Is SBI Elite Credit Card free?
Can I withdraw cash from SBI Elite Credit Card?
What is the interest rate for SBI Elite Credit Card?
Is SBI Elite Credit Card International?
What is the cash advance limit for SBI Elite Credit Card?
How can I pay my SBI Credit Card bill?
What is the billing date of the SBI Credit Card?
Will I be charged for IMPS transactions?
Will I be charged for NEFT transactions?
How do I report that my credit card has been lost or stolen?
How can I get my credit card statement?
Is applying for a credit card will do the hard credit pull?