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SBI Card Elite Credit Card

SBI ELITE Credit Card is a ticket to premium lifestyle. An absolute traveller’s delight with 8 complimentary visits to international & domestic Airport Lounges in a calendar year, enjoy low Forex Mark-up, exclusive concierge, club Vistara membership, Trident Privilege & a lot more!

Table of Contents: SBI Elite Credit Card
Features of SBI Elite Credit Card

Welcome gift:
Welcome e-gift voucher of 5,000 for spending at premium brands such as Yatra, Marks & Spencer, Hush Puppies/Bata, Pantaloons, and Shoppers Stop.

Complimentary movie tickets:
Free Movie Tickets every year worth 6,000 (valid for at least 2 movie tickets per booking per month, maximum discount that can be availed is 250 per ticket for 2 tickets only, excluding convenience fee).

Milestone Privileges:

Bonus Reward Points up to 50,000 (worth 12,500 each year)
Bonus Reward Points of 10,000 on annual spends of 3 Lakh and 4 Lakh
15,000 Bonus Reward Points on annual spends of 5 Lakh and 8 Lakh
Reverse Annual Fee worth 4999 on total spends of 10 Lakh or more in the previous year
ELITE Rewards

5X Reward Points on all retail spends on Dining, Departmental Stores, and groceries.
2 Reward Points on 100 spent on all other categories except fuel.
Redeem your points conveniently by paying out your card dues with accumulated points.
4 Elite Reward Points = 1
Additional Info: Also Check SBI Balance Check Number

Documents required for SBI Elite Credit Card
SBI

KYC fulfillment: Passport/ Voter’s ID Card/ Driving Licence/ Aadhaar Letter or Card/NREGA Card/PAN Card

Address proof: Utility Bills/ Ration Card/ Passport

ID proof: Aadhar Card/ PAN card/ Driving license/ Voter Id Card

Income Proof: Last 3 Salary slips / bank statements

Photographs

Additional Info: Also Check How to Use Credit Cards in India?

Annual Fee & Joining Fee

Joining Fees: Rs 4999 + Taxes (Welcome gift worth Rs. 5,000) 
Annual Fees: Rs 4999 + Taxes

SBI
Eligibility for SBI ELITE Credit Card

Should be an Indian resident
Minimum age of 18 years
Must be salaried or self employed
Possess last 3 months bank statements
Additional Info: Also Check Check SBI Credit Card Eligibility

Fee and Interest rates

Annual Fee: 4,999 (one time)
Renewal Fee: 4,999 per annum (from 2nd year onwards)
Extended credit charges: Up to 3.35%/month and 40.2%/annum, from the transaction date
Minimum amount due charges: 5% of the total outstanding amount (minimum 200 + EMI (for EMI based product) + all applicable taxes + OVL amount (if any)
Cash advance charges (after free credit period): Up to 3.35%/month and 40.2%/annum, from the withdrawal date
Cash advance fee (SBI or other ATMs): 2.5% of the amount of transaction (minimum 300)
Cash advance fee (International ATMs): 3% of the amount of transaction (minimum 300)
Statement retrieval fee: 100 for per statement more than 2 months’ old
Fee for payment dishonor: 2% of the payment amount (minimum 450)
Fee for cheque pick-up: 100
Cheque fee: 100 for payments done through cheque up to 10,000
Late payment charges:
For amount due 0 – 200: Nil
For amount due 200 – 500: 100
For amount due 500 – 1,000: 400
For amount due 1,000 – 10,000: 600
For amount due 10,000 – 25,000: 800
For amount due above 25,000: 950
Overlimit Charges: 2.5% of the over limit amount (minimum 500)
Card replacement fee: 100
Emergency card replacement fee when abroad: Actual cost (minimum $175)
Dynamic Currency Conversion fee/Markup Fee: 1.99% for ELITE Cardholders, only for transactions above or equal to 1,000), 3.50% (for all other cards)
Foreign currency transaction/Conversion mark up 1.99%
Rewards redemption fee: 99
Charges for Priority Pass Lounge: $27 per visit + applicable taxes for All Airport Lounge visits within India. $27 per visit + applicable taxes for All Airport Lounge visits outside India.
Cash Payment Fee: 100
Surcharges:
Railway tickets via counters: 30 + 2.5% of the transaction amount
Railway tickets via 1.8% of transaction amount + service charge (as applicable)
Petrol & other products or services that are sold at petrol pumps: 1% fuel surcharge waiver for every transaction between 500 – 4,000 + applicable taxes and all other charges.
Maximum surcharge waiver: 250 per statement cycle, per credit card account. 1% of transaction amount (for 500 to 4,000 transaction amount)

Cashback & Rewards benefits

Fuel Waiver

Enjoy 1% Waive off on Fuel Surcharge across all petrol pumps. (Govt. Service Tax extra as applicable). Maximum Surcharge Waiver of 250 per month per credit account.

International Lounge Program

Complimentary membership worth $99 to the Priority Pass Program.
6 complimentary visits to Airport Lounge per year, outside India (maximum 2 visits each quarter w.e.f. 1st July 2017).
Access to 1000+ Airport Lounges worldwide.
Terms and Conditions:

Only Primary Cardholders of SBI Card ELITE are eligible for Priority Pass and complimentary membership. It will be valid for 2 years only.
Call SBI Card customer helpline numbers: 1860 180 1290 or 39020202 (prefix Local STD code) to receive your Priority Pass.
Usage fee of $27 + applicable taxes will be charged on your SBI Card ELITE for visits to the Priority Pass member lounge after the complimentary visits.
You can check details of Priority Pass member Lounges on SBI Card Official website.
Domestic Lounge Program

2 complimentary visits to Domestic Airport Lounges every quarter in India. To use the offer, use your card at the respective lounges. It is a limited offer and comes to by Visa /MasterCard. Check out the list of participating lounges on SBI Card website.

Club Vistara Membership

Complimentary membership to Club Vistara Silver: Vouchers for complimentary Lounge Access and Upgrade (1 each)
Earn 9 Club Vistara Points for spending every 100 on Vistara flights.
The offer is only available to primary cardholders.
Trident Privilege Membership

Complimentary membership to Trident Privilege Red Tier: 1,000 Welcome Points on registration, 1,500 Bonus Points on the first stay, and additional 1,000 hotel credit on extended night stay.
You will also enjoy 10% instant discount on using your SBI Card ELITE for booking through the hotel website.
Avail 10 points on every 100 spent (excluding taxes) during your stay.
Offer is valid for Primary Cardholders only
Lowest Forex Markup

SBI Card ELITE comes with the lowest Foreign Currency Mark-up Charge, i.e., 1.99% on International usage. The car member also gets 2 Reward Points on spending every 100 on International transactions.

Exclusive Concierge Service

Assistance with gift delivery, movie and hotel reservations, customized holiday packages, and so on. You can request Concierge Services by calling at 022-42320257 or writing a request at sbicardelite@aspirelifestyles.com

Additional Info: Also Check SBI Balance Check Number

View and improve your credit score - for free.

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