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✈ Lounge Access Available

8 complimentary domestic lounge visits per year (2 per quarter) plus 6 international visits via Priority Pass.

Annual fee ₹4,999
★★★★ 4.4How we rate

Reviewed by the editorial team

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SBI Card · Mastercard

SBI Card ELITE

✈ Lounge Access Available ★ Up to 5X Reward Points on dining, groceries and department stores Premium & Luxury Points & Rewards Travel Rewards Dining & Groceries

SBI's lifestyle card leads with a free movie-ticket benefit and a Rs.5,000 welcome voucher that roughly offsets its Rs.4,999 fee in year one, plus complimentary lounge access. Base earning is thin at about 0.5%, climbing to 2.5% on accelerated categories, so this card is about perks and entertainment, not raw rewards, a points-focused card out-earns it on plain spending. If your family actually uses the monthly movie credit and the lounges, the value adds up fast; if you don't, you're paying a high fee for benefits you'll ignore. The 3.5% foreign markup and roughly 42% APR rule it out for travel or carrying balances. Confirm the current movie benefit and voucher with SBI Card.

⟳ Rates & fees verified June 2026 — always confirm the current terms on the issuer's official site before applying.

Annual fee
₹4,999
Rewards rate
Around 0.5% base, up to 2.5% on accelerated categories
Welcome bonus
e-Gift voucher worth Rs.5,000 on joining
Intro APR
N/A
Regular APR
Around 42% per annum (3.5% per month)
Foreign transaction fee
3.5% markup on foreign currency transactions
Recommended credit
Good to Excellent
Best for
Families who'll use the movie and lounge perks

What you earn

  • A Rs.5,000 welcome e-gift voucher that offsets the fee
  • 5X Reward Points on dining, departmental stores, grocery and movies
  • Movie tickets worth as much as Rs.6,000 each year through BookMyShow
  • As much as 50,000 bonus Reward Points a year for hitting spend milestones
  • Complimentary Club Vistara and Trident Privilege memberships

👍 Pros

  • + The welcome voucher essentially covers the first-year cost
  • + A generous yearly movie ticket benefit
  • + Lounge entry both at home and overseas
  • + Milestone bonus points contribute solid value

👎 Cons

  • – The base reward rate is low outside the accelerated categories
  • – A high annual fee next to mid-tier competitors
  • – Reward point redemption value is modest

Can you get it?

  • Indian resident, whether salaried or self-employed
  • A CIBIL score of 750 or above is advisable
  • A steady monthly income that meets SBI Card's criteria
  • A valid PAN along with KYC documents

Requirements are general guidance — the issuer makes the final decision. Learn more about card requirements →

Decided on the SBI Card ELITE?

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