Card Pilot
SBI · Visa, Mastercard, American Express

SBI Card ELITE

An Exclusive and Exquisitely Crafted Card For Those Who Live Beyond Ordinary

Annual fee
₹4,999
Forex markup
1.99%
Lounges (Dom/Intl)
2 / 6
Welcome benefit
₹5,000

Is this card worth it for you?

Drag the sliders to match your spend. The number on the right updates live.

Monthly spend₹50,000
% on travel15%
% on dining10%

Remaining 75% goes on everything else (groceries, utilities, online shopping). Earning rate: 0.50% travel · 0.50% dining · 0.50% base.

Net steady-state return
−₹1,999 /year
0.50% effective · ₹4,999 fee
Annual reward earned₹3,000
Welcome benefit (year 1)One-time₹5,000
Annual fee−₹4,999
Joining fee (year 1 only)−₹4,999
Skip this card at your spend.

The fee outweighs the rewards at ₹50,000/month. You'd need ~₹83,317/month to break even — likely not worth it for you.

vs SBI Card PRIME

At ₹50,000/month with 15% travel and 10% dining.

Metric
SBI Card ELITE
SBI Card PRIME
Annual fee
₹4,999
₹2,999
Annual reward
₹3,000
₹3,000
Net /year (steady)
−₹1,999
₹3,000
Forex markup
1.99%

Tools for SBI Card ELITE holders

Frequently asked

Is the SBI Card ELITE worth the ₹4,999 fee?

It depends on your spend. The SBI Card ELITE earns 0.5% base reward and waives the annual fee at ₹10,00,000 of yearly spend. Use the break-even calculator above to see your specific number.

What is the eligibility for SBI Card ELITE?

SBI hasn't published a hard minimum income for SBI Card ELITE. Approval depends on credit score, existing relationship, and employment type.

How do I redeem points on SBI Card ELITE?

Best redemption is at Shop & Smile catalog, where 1 point ≈ ₹0.25. Other paths (statement credit, vouchers) usually return less.

What is the forex markup on SBI Card ELITE?

1.99%

Last verified: 2026-05-01. Reward rates and fees are sourced from SBI's product page and may change. Always confirm with the card issuer before applying.