IDFC First Bank
BOB Financial
IndusInd Bank
Standard Chartered Bank
SBI Card
Punjab National Bank
Citi Bank
Yes Bank
American Express
RBL Bank
HDFC Bank
Federal Bank
Kotak Mahindra Bank
AU Small Finance Bank
HSBC Bank
Axis Bank
ICICI BANK
ICICI Rubyx Credit Card
Annual Fees
2000
Add to Compare
Percentage Savings range
1%-2%
User it for Golf and International Spends
Reward Type
Reward Points
Welcome Benefits
Vouchers Worth Rs. 5000 *
Minimum Income
6,00,000
Lounge Access
1 complimentary domestic airport lounge access per quarter with each of the two variants (effectively 2 domestic airport lounge access per quarter) on spending of Rs. 5,000 in the previous quarter.
Rewards
Core Rewards :
- 2% RP Earn 2 Reward points every Rs. 100 spent.
- 4% RP Earn 2X Reward points on International Spends.
Milestone Rewards :
- Monthly : N/A
- Quaterly : N/A
- Annual : Spend 300,000, get 3,000 reward points. Further 100,000 spends earn 1,500 points, capped at 15,000.
No rewards on spends : Fuel
Rewards Redemption
How to Redeem :
- Redeem Reward points for Vouchers
Redemption options : Gift Vouchers
Redemption fee : 99
Transfer partners : N/A
Complementary Benefits
Lounge access :
- Domestic Lounge : 1 complimentary domestic airport lounge access per quarter with each of the two variants (effectively 2 domestic airport lounge access per quarter) on spending of Rs. 5,000 in the previous quarter.
- International Lounge : N/A
- Railway Lounge : N/A
Insurance Benefits :
- Lost card liability : 50,000
- Personal accidental insurance : N/A
- Air accidental insurance : 1 Cr.
Other Benefits :
- Lounge Membership : N/A
- Memberships Available With Cards : N/A
- Spa Benefits : N/A
Golf Benefits :
- Lessons : 1 complimentary golf lesson for every Rs. 50,000 spent in the previous month
- Games : 1 complimentary golf round for every Rs. 50,000 spent in the previous month
Fees
Joining fees : 3000
Annual fees : 2000
Welcome Benefits : Vouchers Worth Rs. 5000
Quaterly Benefits : N/A
Annual Benefits : N/A
Forex markup charges : N/A
Fee reversal criteria : Spend Rs. 3L in a year
Eligibility
Minimum age : 21
Minimum ITR : 6,00,000
Minimum Salary : 50,000
SBI Elite Credit Card Welcome Benefits
- Welcome benefit: Receive e-vouchers worth Rs. 5,000 from select brands. Enjoy shopping, travel, fashion, and more with these versatile vouchers. Elevate your lifestyle from the moment you get your SBI Elite Credit Card.
- Explore premium choices in travel, clothing, footwear, and shopping.
- Your gateway to luxury and rewards begins with this exclusive welcome offer.
SBI Elite Credit Card Reward Points/Cashback
The SBI Elite Credit Card offers:
- Movie and dining benefits with free movie tickets and dining discounts.
- Reward rate of 2.5% on groceries, dining, movies, and department store spending.
- Redemption options for gift vouchers or statement balance.
- Complimentary travel memberships and airport lounge access.
- Golf privileges and insurance coverage.
- Core rewards of 4% on transactions, 5X points on select categories, and 2% on other spends.
- Annual fee waiver based on spending.
SBI Elite Credit Card Reward Point Redemption
Redeem your reward points for:
- Gift vouchers for shopping, dining, travel, and more.
- Outstanding redemption value on the SBI Elite Card.
Pros of SBI Elite Credit Card
- Generous welcome benefits with versatile e-vouchers.
- Reward points on various categories.
- Travel, dining, and movie benefits.
- Access to airport lounges and golf courses.
- Fuel surcharge waiver.
- Free movie tickets and dining discounts.
Cons of SBI Elite Credit Card
- The annual fee is on the higher side.
- Limited lounge access compared to premium cards.
- Not suitable for infrequent travelers.
- Limited insurance coverage.
SBI Elite Credit Card Benefits
Enjoy the following benefits with your SBI Elite Credit Card:
- Welcome benefit of e-vouchers.
- Reward points on multiple spending categories.
- Complimentary travel and golf memberships.
- Free movie tickets and dining discounts.
- Insurance coverage.
SBI Elite Credit Card Charges and Fee
Key charges and fees:
- Annual fee: Rs. 4,999.
- Renewal fee: Rs. 4,999.
- Add-on fee: Nil.
- Interest rate: 3.35% per month (40.2% annually).
Frequently Asked Questions
- How can I apply for the SBI Elite Credit Card?
- You can apply for the SBI Elite Credit Card through the official SBI Card website or by visiting the nearest SBI branch.
- What is the welcome benefit of the SBI Elite Credit Card?
- New cardholders can enjoy e-vouchers worth Rs. 5,000 from select brands as a welcome benefit.
- How can I redeem my reward points?
- You can redeem your reward points for gift vouchers for shopping, dining, travel, and more.
About Us
- Technical info
- Credit Cards 101
Contact
hello@joinsimplyfi.com
Made in India with
Disclaimer : The information presented on this website is obtained from publicly accessible sources and is solely intended for informational purposes as a service to the wider internet community. It should not be construed as financial advice, and we cannot ensure the accuracy, sufficiency, or comprehensiveness of the information provided on this platform.