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SBI ELITE
🇮🇳 India · SBI Card

SBI ELITE

Mid-premium SBI card with strong club benefits.

4.4 / 5
Joining fee
₹4,999
Annual fee
₹4,999
Top reward
2%
Min income
₹600,000

External link to SBI Card’s own application page.

The SBI ELITE costs ₹4,999 a year, waived at ₹10,00,000 annual spend. It earns 2% on all spends. These figures are from our catalog and have not yet been re-verified against the issuer.

5-year value calculator

How much SBI ELITE actually pays you over time, net of annual fees.

₹50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards₹12,000
Annual fee−₹4,999
Welcome bonus (year 1 only)+₹5,000
Fee waiver triggers at ₹1,000,000 annual spend. You're currently at ₹600,000. Bump monthly spend to ₹83,334 to clear it.
Cumulative net value
+₹40,005
over 5 years
Year 1
₹12,001
+₹12,001/yr
Year 2
₹19,002
+₹7,001/yr
Year 3
₹26,003
+₹7,001/yr
Year 4
₹33,004
+₹7,001/yr
Year 5
₹40,005
+₹7,001/yr
Year 1 (with bonus)
₹12,001
Year 2+ (steady state)
₹7,001/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

What does the SBI ELITE earn?

What you earn back, by category.

Everything else
2%
📈
🎁
Welcome bonus

5,000 bonus reward points + ₹5,000 e-gift voucher

What do you get with the SBI ELITE?

  • 2 reward points per ₹100
  • Free movie tickets (BookMyShow) up to ₹6K/year
  • 6 international + 8 domestic lounge visits/year
  • Trident Privilege Red membership
  • Milestone benefits at ₹3L, ₹4L, ₹5L

Who qualifies for the SBI ELITE?

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹600,000
Min credit score
770+
Self-employed
Eligible

SBI ELITE FAQ

›What is the SBI ELITE annual fee?

The annual fee is ₹4,999. It is waived if you spend ₹10,00,000 in a year.

›What does the SBI ELITE earn?

It earns 2% on all spends.

›What income do you need for the SBI ELITE?

The stated minimum income is ₹6,00,000 a year. Banks treat this as a guideline, not a hard cutoff.

›What is the SBI ELITE welcome bonus?

5,000 bonus reward points + ₹5,000 e-gift voucher.

›Are these SBI ELITE figures verified?

These figures are from our catalog and have not yet been re-verified against the issuer.