SBI Elite

SBI ELITE Credit Card is a premium lifestyle credit card offered by SBI Card, designed for high spenders who want benefits on travel, movies, dining, and rewards. It provides luxury perks like lounge access, milestone rewards, and premium vouchers. 

✔️ Applicant must be an Indian resident or NRI (as per bank policy)
✔️ Age: 21 to 70 years
✔️ Salaried or self-employed individual
✔️ Stable income source
✔️ Good CIBIL score (750+ preferred)

✔️ Joining Fee: ₹4,999 + GST
✔️ Annual Fee: ₹4,999 + GST (waived on high spend ~₹10L)
✔️ Interest Rate: Up to ~3.5%–3.75% per month
✔️ Cash Advance Fee: 2.5% (min ₹500)
✔️ Forex Markup: ~1.99% (lower than most cards)
✔️ Late Payment Charges: As per SBI Card policy

✔️ Identity Proof (PAN Card mandatory)
✔️ Address Proof (Aadhaar / DL / Voter ID etc.)
✔️ Income Proof (Salary Slip / ITR / Form 16)
✔️ Bank Statements (last 3–6 months)
✔️ Passport-size photographs

Q1. What is the main benefit of SBI ELITE Credit Card?
Ans. It offers premium benefits like lounge access, movie tickets, and high reward points on lifestyle spending.

Q2. Is there any annual fee waiver?
Ans. Yes, annual fee can be waived on high annual spending (around ₹10 lakh).

Q3. Does it provide lounge access?
Ans. Yes, both domestic and international lounge access with Priority Pass membership.

Q4. What is the reward rate?
Ans. 5X reward points on dining, grocery & departmental stores.

Q5. Who should apply for this card?
Ans. High-income individuals, frequent travelers, and heavy spenders.