SBI Card
SBI Miles Elite Credit Card
Annual Fee
₹5,899₹4,999 + GSTBase Reward
6% points
Foreign Markup
1.99%
Welcome Benefits
5,000 Travel Credits on spending ₹1 lakh within 60 days of card issuance
Product Highlights
- Earn 6 Travel Credits for every ₹200 spent on travel.
- Free Priority Pass membership offered.
Category Rewards
travel
6X on travel spends
6X
Fee Waiver
Annual Fee is Reversed on Spending ₹15 Lakh in a Year
Reward Calculator
Costs you ₹5,329/year
Break-even needs ~₹1,34,539/month at your reward mix.
₹13K
across all your buckets
2.3K
Travel Credits
₹570
via standard · ₹0.25/pt
Effective rate
0.37%
Annual fee
₹5,899
Year 1 net
₹-5,329
Year 2+ net
₹-5,329
ongoing
Adjust your spend by reward bucket
2 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
Additional domestic lounge visit
20,000 Bonus Travel Credits
Annual fee reversal
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, 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
Earn 6 Travel Credits for every ₹200 spent on travel. Earn 2 Travel Credits for every ₹200 spent on all other purchases.
- Travel Credits can be converted into Air Miles/Hotel Points, Travel Bookings or redeemed for Catalogue Products.
Benefits & Features
Domestic: 8 Visits Each Year (Maximum 2 Per Quarter) (Free Domestic Airport Lounge Access with additional visits based on spend milestones.) International: 6 Free Visits Each Year (Maximum 2 Per Quarter) (Complimentary Priority Pass membership applicable for 2 years.) Full lounge access description with additional visits based on spending.
Pros & Cons
Pros
- For Travel Credit redemption there are many popular airlines and hotel partners.
- Good conversion ratio for Travel Credits.
Cons
- Reward-earning rate is quite inadequate compared to competitors.
- No additional benefits for movies or dining.
Additional Info
Travel Credits earned are valid for a period of two years from the date of accrual.
Excluded Categories
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks
Fee Waiver
Annual Fee is Reversed on Spending ₹15 Lakh in a Year