SBI Elite Credit Card Review

SBI Elite Credit Card

  • Features & Rewards
  • Offers availability throughout the year
  • Card’s acceptance
  • Customer Care & Issue Resolution


Overall, Elite Credit Card is an excellent product from the house of SBI. And, if you are looking for an alternative card within SBI, there is a card which has been quite popular since its inception – SBI Card Prime


SBI Elite Credit Card is the top credit card anyone can find in the credit card segment from SBI Bank in India. This is a premium credit card which offers excellent features. It can be easily ranked among the top credit cards in India.

SBI Elite Credit Card comes in three variants – “Visa Signature“, “MasterCard” and “American Express”.

The SBI Elite Credit Card is an excellent option for those looking for a credit card with good rewards and benefits. The card provides multiple features and perks, making it a good choice for regular and occasional users. In this article, we’ll look at the SBI Elite Credit Card and see if it’s the right fit for you.

Image of SBI Elite Credit Card

What are the eligibility criteria for the SBI Elite Credit Card?

The SBI Elite Credit Card is a credit card for those who have an excellent credit score and history. A credit score of 750 or above and a clean credit history are required to be eligible for this card.

Additionally, you must earn a minimum income of Rs. 1 Lakh per annum.

What are the documents required for the SBI Elite Credit Card?

The SBI Elite Credit Card is a great way to get the most out of your credit card usage. However, certain documents are required to obtain this card. Here is a list of the documents required:

  • A valid passport.
  • An Indian residence proof.
  • Your latest Income Tax Return.
  • A recent utility bill.
  • Your latest bank statement.
  • An employment letter or contract.
  • Your latest salary slip.
  • A self-attested photograph.

Fees & Charges

DescriptionFees & Charges
Annual Fee (one time)INR 4,999 + GST
Renewal Fee (per annum)INR 4,999 + GST
Add-on Fee (per annum)NIL
Renewal Fee WaiverOn the spend of INR 10 Lakhs or more

How to use the SBI Elite Credit Card?

If an individual is looking for a credit card that offers excellent rewards and benefits. In that case, the SBI Elite Credit Card is a great option. Here’s a quick guide on how to use the SBI Elite Credit Card:

  • Use your SBI Elite Credit Card to earn points on every purchase. You’ll earn 1 point for every Rs. 100 spent on shopping, dining, travel, etc.
  • Redeem your points for exciting rewards like vouchers, merchandise, air miles, etc.
  • Enjoy exclusive privileges and benefits like complimentary airport lounge access, fuel surcharge waiver, etc.
  • Stay protected against fraud with features like zero fraud liability cover and 24/7 fraud monitoring.
  • Get help and support anytime, anywhere with our 24/7 customer care service.

What are the Welcome Benefits on the card?

You have to make the payment of the Annual Fee. Once it’s confirmed, within 15 days, you will receive an SMS to choose from e-voucher options (worth Rs. 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.
* For Yatra and Shopper Stop – you can redeem the code online at the time of purchase.
* Aditya Birla Retail Voucher can be redeemed at these brand stores – Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, Simon Carter

What are the benefits of the SBI Elite Credit Card?

SBI Elite Credit Card

  • Free Movie Tickets worth Rs. 6,000 every year
  • Complimentary membership to the Priority Pass Program worth $99
  • Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India
  • Enjoy complimentary Club Vistara Silver membership
  • Enjoy complimentary Trident Privilege Red Tier membership
  • Lowest Foreign Currency Mark-up Charge of 1.99% on International usage
  • Exclusive Concierge Service
  • Get 5X Reward Points on Dining, Departmental Stores, and Grocery Spends
  • Earn up to 50,000 Bonus Reward Points worth Rs. 12,500/ year or Earn 10,000 bonus Reward Points on achieving annual spending of Rs. 3 Lakhs and 4 Lakhs

Priority Pass Membership

You get a complimentary Priority Pass Membership worth 99$. Under this membership, as a primary cardholder, you get 6 complimentary Airport Lounge visits per calendar year outside India. It is to be noted that the membership gets you access to over 1000 airport lounges worldwide. 

There are a few points which have to be taken care of:

  • You get a maximum of 2 visits per quarter through Priority Pass Membership.
  • The Priority Pass applies to the primary cardholder only.
  • The validity of the complimentary membership is 2 years.
  • Once the Priority Pass Membership expires, you have to pay 27 $ + taxes for the lounge access.

Please feel free to visit the Priority Pass website for more information.

Visa/MasterCard Lounge Access Program

For Lounge visits within India, Elite Primary Cardholders can avail of 2 complimentary lounge access per quarter through the Elite Visa/MasterCard Lounge program.

Airport Lounge Access for American Express Variant of SBI Elite Card

Sr.No.CityLoungeTerminalCharges for Complimentary Visits
( INR)
Charges for Non-Complimentary Visits (INR)
AhmedabadPlaza PremiumInternational1750
5ChennaiTFSInternational New11000
7Goa TFSDomestic1400
8HyderabadPlaza PremiumDomestic1500
9HyderabadPlaza PremiumInternational1750
12MumbaiTFSDomestic T211000
13MumbaiTFSDomestic T1C1500
14MumbaiGood TimesDomestic T1B1400
16New DelhiPlaza PremiumDomestic T1D1500
17New DelhiPlaza PremiumDomestic T31500
18New DelhiPlaza PremiumDomestic T21500
19New DelhiPlaza PremiumInternational T3(L-04)1750
20New DelhiPlaza PremiumInternational T3(L-03)1750
21PuneBird LoungeDomestic1400

What are the demerits of the SBI Elite Credit Card?

SBI Elite Credit Card

  • Customer Support is better but there is a scope for improvement.
  • Reward points system is better. But, being the top SBI credit card, it should be aggressive.
  • Annual fee for this card seems a bit on the higher end.

If you are interested to know more about its features and offers –


The SBI Elite Credit Card is an excellent option for looking for a rewards card with no annual fee. It offers a wide range of benefits, including cashback on all purchases. Its points can be redeemed for travel or merchandise.

If you are looking for a credit card that will give you the most bang for your buck, the SBI Elite Credit Card is definitely worth considering.

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What are the highlighted features of the SBI Elite Credit Card?

The SBI Elite Credit Card comes with many features that make it an attractive proposition for users. Some of the key features include:
Cashback of up to 5% on select categories
* Complimentary airport lounge access
* Fuel surcharge waiver
* No annual fee for the first year
* Attractive interest rates on both purchases and cash advances
* Up to 2 free add-on cards for family members

What are the eligibility criteria for the SBI Elite Credit Card?

The eligibility criteria for applying for the SBI Elite Credit Card are as follows:
* You should be at least 21 years of age
* You should have a regular source of income
* You should have a good credit history

How much is the annual fee for the SBI Elite Credit Card?

The annual fee for the SBI Elite Credit Card is Rs. 4,999. However, this fee is waived for the first year.

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