SBI Miles ELITE Credit Card
Updated 3 Jul 2026Source-linked
The SBI Miles ELITE Credit Card is a premium credit card from SBI Card, with a joining fee of ₹4,999 + GST.
It earns up to 6 miles per ₹200 (≈1.5% value) on travel spends in the form of travel credits (miles).
Cardholders get 8 annual domestic + 6 annual international airport lounge access, plus 5,000 bonus travel credits as a welcome benefit.
SBI Miles ELITE Credit Card
- Joining Fee₹4,999
- Annual Fee₹4,999
- Best Suited ForTravel
- Reward TypeTravel Credits (miles)
Rewards Rate
- 6 miles per ₹200 on travel
- Base 0.50% on other spends
Welcome Benefits
- 5,000 bonus Travel Credits
Data verified 3 Jul 2026 — see our methodology
SBIworldpremiumRewards and Benefits
Rewards Rate
6 miles per ₹200 on travel
Base 0.50% on other spends.
Reward Redemption
Flight / hotel bookings: Travel Credits redeemable against flights and hotels via SBI Card portal at 1 credit = ₹1.
Welcome Benefits
5,000 bonus Travel Credits
Milestone Rewards
- ₹1,00,000 / annual: 1 additional domestic lounge visit per ₹1 lakh spend (capped at 15 visits per year)
- ₹12,00,000 / annual: 20,000 Bonus Travel Credits on annual spends of ₹12 lakh
Domestic Lounge Access
8 visits each annual.
International Lounge Access
6 visits each annual.
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
- air accident: ₹1,00,00,000
- lost card liability: ₹1,00,000
- baggage loss: ₹72,000
- trip delay: ₹7,500
- trip delay: ₹3,500
- other: ₹12,500
Other Benefits
N/A
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
- Travel & hotels₹150/mo
You spend ₹10,000 · earns 1.5% = ₹150 uncapped
- Valued at realized redemption value
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Online shopping₹15,000 · 0.5% = ₹75/mo
- Groceries₹8,000 · 0.5% = ₹40/mo
- Dining & food delivery₹8,000 · 0.5% = ₹40/mo
- Fuel₹4,000 · 0.0% = ₹0/mo
- Utilities & bills₹5,000 · 0.0% = ₹0/mo
Est.net rewards for this spend, realistic
₹-1,339/yr₹3,660 rewards − ₹4,999 annual fee. Estimate for the spend you entered.
Fees & Charges
Spend-Based Waiver
₹15,00,000 in the preceding year
Rewards Redemption Fee
N/A
Foreign Currency Markup
1.99%
Interest Rates
3.75% per month (45.0% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹500 and ₹4,000, capped at ₹250 per monthly.
Cash Advance Charges
2.5% or ₹500 (whichever is higher)
Product Details
- premium card issued by SBI Card.
- Joining / annual fee of ₹4,999 + GST, waived on annual spends of ₹15,00,000.
- Available on the Mastercard network.
- Complimentary airport lounge access: domestic (8/annual) + international (6/annual).
- Insurance cover bundled: air accident, lost card liability, baggage loss, trip delay, trip delay, other.
Pros & Cons
Pros
- Annual fee waivable on ₹15,00,000 spend.
- Low forex markup of 1.99% — suited to international spends.
- Complimentary international airport lounge access.
- 24/7 concierge service.
- Milestone-based bonus rewards on annual / quarterly spend thresholds.
Cons
- No rewards on fuel spends.
₹5,000 welcome benefit
- 5,000 bonus Travel CreditsSpends of ₹1 lakh within 60 days of card issuance (credited on payment of joining fee)Window: 60 days from issuance.
Accelerated rewards
- 6 miles per ₹200 on travel6 Travel Credits per ₹200 spent on travel.
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- wallet loads
- rent
- insurance premiums
- emi
- utilities
- education
Milestone benefits
- ₹1,00,000 / annual: 1 additional domestic lounge visit per ₹1 lakh spend (capped at 15 visits per year)
- ₹12,00,000 / annual: 20,000 Bonus Travel Credits on annual spends of ₹12 lakh (≈ ₹20,000 value)
Airport lounge access
Domestic
8 visit(s) / annual. Via dreamfolks.
International
6 visit(s) / annual. Via priority-pass.
Insurance benefits
- air accident: ₹1,00,00,000
- lost card liability: ₹1,00,000
- baggage loss: ₹72,000Loss of check-in baggage.
- trip delay: ₹7,500Delay of check-in baggage.
- trip delay: ₹3,500Up to 6 flight cancellations per year, each up to ₹3,500.
- other: ₹12,500Loss of travel documents.
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹500 and ₹4,000, capped at ₹250 per monthly.
Sources
- : www.sbicard.com · retrieved 3 Jul 2026
Last verified 3 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- 750+
- Income (salaried)
- ₹12,00,000 p.a.
- Income (self-employed)
- ₹15,00,000 p.a.