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REWARD POINTS CARD

PSB SBI Card ELITE

SBI Card

Welcome e-Gift Voucher worth ₹5,000, free movie tickets worth ₹6,000 a year, and up to 50,000 Bonus Reward Points worth ₹12,500 a year on annual spend milestones.

Movie tickets are valid on primary cards only. Bonus points depend on annual spend milestones. Annual fee ₹4,999 + taxes, renewed at the same amount from year 2.

PSB SBI Card ELITE
ANNUAL FEE
₹4,999 + GST
JOINING FEE
Not stated
REWARDS
Not stated
Earning terms not yet recorded
KEY BENEFIT
Up to 50,000 Bonus Reward Points worth ₹12,500 every year on annual spend milestones
BEST FOR
Included: May suit spenders who reach ₹3 lakh or more in annual spends and use dining, departmental stores and grocery categories.
Included: May suit spenders with ₹3 lakh or more in annual spends who want milestone bonus points.
Included: May suit spends on dining, departmental stores and grocery, which earn 5X Reward Points.
Included: May suit travellers who can use Priority Pass lounges abroad and domestic lounge visits each quarter.
Limitation: Spend below ₹3 lakh a year, where milestone bonuses do not start, or to fuel spends may wish to compare other cards.
Limitation: Those who spend mainly on fuel, which is excluded from the 2 Reward Points per ₹100 may wish to compare other cards.
Limitation: Those with annual spends below ₹3 lakh, where milestone bonus points do not start may wish to compare other cards.
Limitation: Those looking for a low fixed fee may wish to compare other cards.
Typical fit only. This is not personalised advice and not an indication of approval.
GOOD TO KNOW
Condition: Free movie tickets worth ₹6,000 a year are valid on primary cards only.
Condition: Priority Pass membership is for primary cardholders only and is valid for 2 years only.

Rewards & real value

What the card earns, and what changes that figure in practice.
WHAT THE CARD EARNS
EVERYTHING ELSE
Not stated
No earning rate recorded for this card
REWARD POINT VALUE
Not stated
Effective return cannot be calculated without it

Eligibility

Minimum income
Not stated
Minimum age
Not stated
Maximum age
Not stated

Fees & ownership

Joining fee
Not stated
Annual / renewal fee
₹4,999 + GST
Fee waived at
Annual fee reversal on annual spends of ₹10,00,000
Forex markup
1.99%
Finance charge
Not stated
Cash withdrawal fee
Not stated
Late-payment charge
Not stated
Interest-free period
Not stated

Benefits & privileges

TRAVEL
Domestic airport lounge
2 visits per quarter — 2 complimentary visits every quarter
International airport lounge
6 visits per quarter — 6 visits per calendar year outside India (max 2 per quarter) · Priority Pass, 1,000+ lounges; $27 + taxes per visit after free visits; primary cardholders only; membership 2 years
Railway lounge
Not stated
Lounge spend requirement
Not stated
Lounge programme
Priority Pass (international lounges)
EVERYDAY
Fuel
1% on transactions of ₹500 to ₹4,000 at all petrol pumps in India; max waiver ₹250 per statement cycle
Dining
5X Reward Points on dining spends
RuPay / UPI
Not stated

Caps, exclusions and redemption

Major excluded categories
Fuel spends are excluded from the 2 Reward Points per ₹100 earn; Fuel spends are excluded from base Reward Points earn
Categories earning nothing
Not stated
Monthly reward cap
Not stated
Annual reward cap
Not stated
Reward point value
Not stated
Points expiry
Not stated
Redemption fee
Not stated
Minimum redemption
Not stated
Credited automatically
Not stated

Who this card may suit

MAY SUIT
Included: Up to 50,000 Bonus Reward Points worth ₹12,500 every year on annual spend milestones
Included: Complimentary 1-year Club ITC Silver Tier membership, eligible after the first transaction within 60 days of card issuance.
Included: Complimentary credit card fraud liability cover of ₹1 lakh, applying from 48 hours before reporting the loss up to 7 days after.
Included: Flexipay converts eligible purchases of ₹2,500 or more into monthly EMIs.
MAY NOT SUIT
Not stated
Typical fit only, based on the card’s own published terms. This is not personalised advice and not an indication of approval.
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Figures last checked 31 Oct 2026 against the issuer’s published terms.