SBI Elite Credit Card Features

Welcome gift:

Welcome e-gift voucher of 5,000 for spending at premium brands such as Yatra, Marks & Spencer, Hush Puppies/Bata, Pantaloons, and Shoppers Stop.

Complimentary movie tickets:

Free Movie Tickets every year worth 6,000 (valid for at least 2 movie tickets per booking per month, maximum discount that can be availed is 250 per ticket for 2 tickets only, excluding convenience fee).

Milestone Privileges:

• Bonus Reward Points up to 50,000 (worth 12,500 each year)
• Bonus Reward Points of 10,000 on annual spends of 3 Lakh and 4 Lakh
• 15,000 Bonus Reward Points on annual spends of 5 Lakh and 8 Lakh
• Reverse Annual Fee worth 4999 on total spends of 10 Lakh or more in the previous year

ELITE Rewards

• 5X Reward Points on all retail spends on Dining, Departmental Stores, and groceries.
• 2 Reward Points on 100 spent on all other categories except fuel.
• Redeem your points conveniently by paying out your card dues with accumulated points.

SBI Elite Credit Card Fee and Interest rates

• Annual Fee: 4,999 (one time)
• Renewal Fee: 4,999 per annum (from 2nd year onwards)
• Extended credit charges: Up to 3.35%/month and 40.2%/annum, from the transaction date.
• Minimum amount due charges: 5% of the total outstanding amount (minimum 200 + EMI (for EMI based product) + all applicable taxes + OVL amount (if any)
• Cash advance fee (International ATMs): 3% of the amount of transaction (minimum 300)
• Statement retrieval fee: 100 for per statement more than 2 months' old
• Fee for cheque pick-up: 100
• Cheque fee: 100 for payments done through cheque up to 10,000
• Late payment charges:
• For amount due 0 - 200: Nil
• For amount due 200 - 500: 100
• For amount due 500 - 1,000: 400
• For amount due 1,000 - 10,000: 600
• For amount due above 25,000: 950
• Card replacement fee: 100
• Emergency card replacement fee when abroad: Actual cost (minimum $175)
• Foreign currency transaction/Conversion mark up 1.99%
• Rewards redemption fee: 99
• Charges for Priority Pass Lounge: $27 per visit + applicable taxes for All Airport Lounge visits within India. $27 per visit + applicable taxes for All Airport Lounge visits outside India.
• Cash Payment Fee: 100

Surcharges:

• Railway tickets via counters: 30 + 2.5% of the transaction amount
• Railway tickets via 1.8% of transaction amount + service charge (as applicable)
• Petrol & other products or services that are sold at petrol pumps: 1% fuel surcharge waiver for every transaction between 500 - 4,000 + applicable taxes and all other charges

SBI Elite Credit Card Cashback & Rewards benefits

Enjoy 1% Waive off on Fuel Surcharge across all petrol pumps. (Govt. Service Tax extra as applicable). Maximum Surcharge Waiver of 250 per month per credit account.

International Lounge Program

• Complimentary membership worth $99 to the Priority Pass Program.
• 6 complimentary visits to Airport Lounge per year, outside India (maximum 2 visits each quarter w.e.f. 1st July 2017).
• Access to 1000+ Airport Lounges worldwide.

Terms and Conditions:

• Only Primary Cardholders of SBI Card ELITE are eligible for Priority Pass and complimentary membership. It will be valid for 2 years only.
• Call SBI Card customer helpline numbers: 1860 180 1290 or 39020202 (prefix Local STD code) to receive your Priority Pass.
• Usage fee of $27 + applicable taxes will be charged on your SBI Card ELITE for visits to the Priority Pass member lounge after the complimentary visits.
• You can check details of Priority Pass member Lounges on SBI Card Official website.

Club Vistara Membership

• Complimentary membership to Club Vistara Silver: Vouchers for complimentary Lounge Access and Upgrade (1 each)
• Earn 9 Club Vistara Points for spending every 100 on Vistara flights.
• The offer is only available to primary cardholders.

Easy Bill Pay Facility

• All cardholders can conveniently pay utility bills for electricity, telephone, mobile, etc using the Easy Bill Pay facility.

Trident Privilege Membership

• Complimentary membership to Trident Privilege Red Tier: 1,000 Welcome Points on registration, 1,500 Bonus Points on the first stay, and additional 1,000 hotel credit on extended night stay.
• You will also enjoy 10% instant discount on using your SBI Card ELITE for booking through the hotel website.
• Avail 10 points on every 100 spent (excluding taxes) during your stay.
• Offer is valid for Primary Cardholders only

Lowest Forex Markup

SBI Card ELITE comes with the lowest Foreign Currency Mark-up Charge, i.e., 1.99% on International usage. The car member also gets 2 Reward Points on spending every 100 on International transactions.

Eligibility for SBI ELITE Credit Card

• Should be an Indian resident
• Minimum age of 18 years
• Must be salaried or self employed
• Possess last 3 months bank statements

Documents required for SBI Elite Credit Card

The basic eligibility criteria to be fulfilled to get approved for the SBI PRIME credit card are:

• KYC fulfillment: Passport/ Voter's ID Card/ Driving Licence/ Aadhaar Letter or Card/NREGA Card/PAN Card
• Address proof: Utility Bills/ Ration Card/ Passport
• ID proof: Aadhar Card/ PAN card/ Driving license/ Voter Id Card
• Income Proof: Last 3 Salary slips / bank statements