SBI Elite Credit Card

 SBI Elite is super premium card for the Elites . It comes with a host of benefits ranging from reward points to lounge access.  SBI Elite also issued as  secured credit card as SBI Elite Advantage Card.

Image Credit : SBI Cards

Features & Benefits

Welcome Gift 

  • Welcome e- Gift Voucher worth Rs. 5,000
  • Choose from an array of travel and lifestyle brands : Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion and Shoppers Stop

Reward Points

  • Get 5X Reward Points on Dining, Departmental stores and Grocery Spends
  • Earn 2 Reward Points per Rs. 100 on all other spends, except fuel
  • Pay your card outstanding with Reward Points. 4 Reward Points = Rs. 1

Complimentary Movie Tickets

  • Free Movie Tickets worth Rs. 6,000 every year
  • Transaction valid for at least 2 tickets per booking per month. Maximum discount is Rs. 250/ticket for 2 tickets only. Convenience Fee would be chargeable
  • This offer is valid on Primary Cards only
  • To know the Redemption process click here

Milestone Privileges

  • Earn upto 50,000 Bonus Reward Points worth Rs. 12,500/ year
  • Earn 10,000 bonus Reward Points on achieving annual spends of Rs. 3 lakhs and 4 lakhs
  • Earn 15,000 bonus Reward Points on achieving annual spends of Rs. 5 lakhs and 8 lakhs
  • Spend Based Reversal of Annual Fee on spends of Rs. 10 Lakhs

 International Lounge Program

  • Complimentary membership to the Priority Pass Program worth $99
  • 6 complimentary Airport Lounge visits per calendar year, outside India ( max. 2 visits per quarter)W.e.f. 1st July 2017
  • Access over 1000 Airport Lounges worldwide
  • Click here to know more about Priority Pass member Lounges
  • Only Primary Cardholders are eligible for Priority Pass and complimentary membership will be valid for 2 years only

Domestic Lounge Program

  • Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India
  • This offer is brought to you by Visa/Mastercard/American Express and is for limited period only.
  • For list of lounges visit Visa/ Mastercard/American Express

 Forex Markup

  • SBI Card ELITE offers you the privilege of the lowest Foreign Currency Mark-up Charge of 1.99% on International usage.
  • You are also entitled to 2 Reward Points on every Rs.100 spent on International transactions.

Exclusive Concierge Service

  • Dedicated assistance on Flower Delivery, Gift Delivery, Online Doctor Consultation.

Mastercard/Visa/American Express Privileges

Mastercard

  • Enjoy 4 rounds of complimentary green fees access and up to 50% off on golf games along with 1 complimentary lesson per month at selected golf courses across India. Click here to know more
  • Enjoy up to 15% discount on best available room rates and up to 15% discount on F&B at Lalit Hotels

Visa

  • Savings of up to 10% on Hertz car rental and up to 35% on Avis Car Rentals
  • Exclusive benefits across 900 luxury hotels worldwide

American Express

  • American Express Dining Platform - Discover delectable dining offers & enjoy up to 25% discount in your city
  • Complimentary Tablet plus membership - access to VIP upgrades and privileges at hotels in India and around the world
These offers are brought to you by Mastercard/VISA/American Express and governed by their respective T&Cs. Click Mastercard privileges, Visa Signature privileges and American Express privileges to know more
 
 

Fees

  • Joining Fees : 4999 + GST; Compensated with gift voucher of 5000.
  • Annual Fees :4999 + GST; Reversed on spends of 10 Lakh.

 What doesn't Go well

  • High annual fee; good for high end spenders.
  • Reward points are not that attractive Max value of ~ 1.75 to3.75%.
  • No Lounge benefits to add oncard

Verdict

Its a super premium card with decent rewards.SBI Prime is better in terms of reward points. Good for those looking for lounge access, concierge services and reasonable forex markup charges.
 



 

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