Last updated: |Data verified from official bank sources
₹5K
Annual Fee
2%
Reward Rate
1.99%
Forex Markup
2/quarter
Domestic Lounge
6/year via Priority Pass
Intl Lounge
Best for: Movie lovers + travelers
Things to Watch Out For
- •Air insurance discontinued Jul 2025
- •Trident/Vistara membership removed
Fees & Charges
Joining Fee₹5K
Annual Fee₹5K
Fee WaiverSpend ₹10L annually
Forex Markup1.99%
Rewards
TypePoints
Base Rate2 pts/₹100
Effective Return2%
Lounge Access
Domestic2/quarter
International6/year via Priority Pass
Priority PassIncluded
Eligibility
Minimum Income₹9.0L/year
Available on: Visa, Mastercard
Frequently Asked Questions
What is the annual fee for SBI Card ELITE?▼
SBI Card ELITE has an annual fee of ₹4999. Spend ₹10L annually
What rewards does SBI Card ELITE offer?▼
SBI Card ELITE offers 2 pts/₹100 on all spends, with an effective value of 0.5%.
Does SBI Card ELITE have lounge access?▼
Yes, SBI Card ELITE offers 2/quarter domestic lounge visits and 6/year via Priority Pass international lounge visits per quarter.
What is the minimum income required for SBI Card ELITE?▼
The minimum income requirement for SBI Card ELITE is ₹9.0 lakhs per annum.
Information sourced from SBI Card official website. Last verified: February 2026.
PM
PlasticMoney Research Team
Personal finance experts analyzing credit cards since 2023