SBI Card
Nature's Basket SBI Card Elite
Annual Fee
₹5,899₹4,999 + GSTBase Reward
2% points
Foreign Markup
3.5% of the transaction amount
Welcome Benefits
Nature’s Basket Gift Voucher worth Rs. 5,000 and Complimentary access to Connoisseur, Nature’s Basket loyalty program.
Product Highlights
- Nature’s Basket Gift Voucher worth Rs. 5,000 as a welcome benefit.
- 20 Reward Points on every Rs. 100 spent at Nature’s Basket.
- 10 Reward Points on every Rs. 100 spent at Dining, Movies, Entertainment, and International spending.
- 2 Reward Points on every Rs. 100 spent on other retail purchases (except fuel transactions).
- Complimentary access to international airport lounges with priority pass membership.
- Complimentary access to domestic airport lounges.
Category Rewards
dining
5X on dining, groceries, departmental stores
5X
grocery
5X on dining, groceries, departmental stores
5X
Specialty
5X on dining, groceries, departmental stores
5X
Fee Waiver
Annual fee waived off on spending ₹10 lakhs or more in the previous year.
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
Nature's Basket
10% value back at Nature's Basket
Reward Calculator
Costs you ₹3,499/year
Break-even needs ~₹39,327/month at your reward mix.
₹16K
across all your buckets
9.6K
SBI Reward Points
₹2.4K
via standard · ₹0.25/pt
Effective rate
1.25%
Annual fee
₹5,899
Year 1 net
₹-3,499
Year 2+ net
₹-3,499
ongoing
Adjust your spend by reward bucket
3 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
₹5,000 Yatra voucher
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
1.99%Charged on every international (non-INR) transaction
Dynamic Currency Conversion (DCC) markup
1.99%Charged when a foreign merchant offers to bill you in INR — always decline DCC
Excluded from rewards
fuel, balance transfer, cash advance, emi, utility, insurance, jewelry, education, railways, wallet
Fuel surcharge waiver (good news)
1%on ₹500–₹4,000 fuel txns · capped at ₹250/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
20 Reward Points on every Rs. 100 spent at Nature's Basket. 10 Reward Points on every Rs. 100 spent at Dining, Movies, Entertainment, and International spends. 2 Reward Points on every Rs. 100 spent on all other retail purchases.
- 1 Reward Point = ₹0.25
Benefits & Features
Domestic: 2 complimentary Domestic Airport Lounge access every quarter. (Available with Visa Domestic lounge Program.) International: 2 complimentary International Airport Lounges access every quarter. (Available from year 2 onwards.) Complimentary access to lounges with specified criteria.
Pros & Cons
Pros
- 20 Reward Points on every Rs. 100 spent at Nature’s Basket.
- 10 Reward Points on every Rs. 100 spent on Dining, Movies, Entertainment, and International spending.
- 2 Reward Points on every Rs. 100 spent on all other retail purchases.
- Complimentary access to domestic and international airport lounges.
- Rs. 250 off per movie ticket every month.
Cons
- Annual fee of ₹4,999 + GST.
- Redemption fee of ₹99 per request.
- Cash advance charges of 2.5% of the amount withdrawn.
Additional Info
Nature’s Basket SBI Card Elite is enabled with contactless technology.
Add-on card facility available for family members.
Maximum discount of Rs. 500 in a month for movie tickets.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
21 yrs
Networks
Fee Waiver
Annual fee waived off on spending ₹10 lakhs or more in the previous year.