What Are The Benefits Of SBI Elite Credit Card?

SBI Elite Credit Card is an all-rounder premium credit card with benefits across varied categories including travel, shopping, movies, and more. With a reward rate of 2.5% (on certain categories) SBI Card Elite is a highly rewarding card, especially if you are a high spender. Read more to know about the detailed features and benefits of the card.

The SBI Card Elite Credit Card provides benefits on air travel, hotel bookings, and foreign transactions. This card also provides typical SBI credit card benefits like complimentary movie tickets, annual fee waivers, accelerated rewards, balance transfer on EMI, Flexipay facility, and a lot more.

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SBI Elite Credit Card-Features and Benefits

Welcome e-gift voucher worth Rs. 5,000

SBI Elite Credit Card charges a joining fee of Rs. 4,999 but returns the entire amount in the form of Rs. 5,000 welcome gift vouchers. You can choose the brand of your choice from the varied brands that include Hush Puppies/ Bata, Yatra.com, Shoppers Stop and Pantaloons.

You will receive an SMS to choose from e-voucher options within 15 days of the annual fee payment. The e-voucher will be sent to your registered mobile number/email ID, within 5 days of the request.

ELITE Rewards on all your purchases

SBI Card Elite is a highly rewarding card, especially if you are a high-spender. Following is the reward point structure of the SBI Elite Credit Card-

5X Reward Points on Dining, Departmental stores, and Grocery Spends
2 Reward Points per Rs. 100 on all other spends, except fuel
2 Reward Points on every Rs.100 spent on International transactions

Note: 4 Reward Points= Rupee 1

Milestone Rewards

Get up to 50,000 Bonus Reward Points worth Rs. 12,500/ year. Reward points are given in the following manner:

10,000 bonus rewards each on spending Rs. 3 Lakh and Rs. 4 Lakh in a year
15,000 bonus reward points on spending Rs. 5 Lakh in a year
Additional 15,000 rewards on reaching annual spends of Rs. 8 Lakh

Free movie tickets worth Rs. 6,000 every year

With SBI Card Elite you will get complimentary movie tickets worth Rs. 6,000 every year. The transaction will be valid on at least 2 tickets per booking every year and you can avail a maximum benefit of Rs. 250 per ticket. Also, a convenience fee will be charged on all transactions.