SBI Card MILES ELITE
Unlock Premium Travel Rewards & Benefits
Annual Fee
₹4,999
Base Rewards
0.5%
Forex Fee
3.5%
Expert Verdict
The SBI Card MILES ELITE is a significant move by SBI to compete in the airline-agnostic miles segment. It offers strong value for travel bookings and international transfers but lacks the high base reward rates found in competitors like the Axis Atlas.
Quick Match
Is this card right for you?
Consider other options
Your Estimated Value
Year 1
₹1,999
Year 2+
₹1,999
Why get this card
High reward rate of 3% on travel-related spends including airlines and hotels.
1:1 transfer ratio for Travel Credits to many global airline and hotel loyalty partners.
Complimentary Priority Pass membership for 2 years with 6 international visits.
Low foreign currency markup fee of 1.99% compared to the standard 3.5%.
+1 more benefits
- Unique milestone benefit of earning extra domestic lounge visits based on spends.
Watch out for
Base reward rate of 1% is relatively low for a premium card in this fee segment.
Welcome bonus of 5,000 Travel Credits requires a high initial spend of 1 Lakh.
Renewal fee waiver threshold of 15 Lakhs is quite steep.
+1 more considerations
- Major categories like Rent, Fuel, Wallet, and Utilities are excluded from rewards.
Who is this card for?
Best for
frequent traveler
Users who frequently book flights and hotels and prefer transferring points to global airline partners.
Min: ₹1,00,000/mo
high spender
Individuals spending over 15 Lakhs annually to maximize milestone bonuses and waive the annual fee.
Min: ₹1,25,000/mo
Skip if you're
low spender
Those who cannot meet the 1 Lakh welcome spend or the 15 Lakh fee waiver threshold.
lifestyle spender
Users looking for high rewards on dining, groceries, or movie benefits, which are not prioritized here.
Base Earning
2 Travel Credits
per ₹200 spent
0.5%
effective rate
Point value: ₹0.50/point
Bonus Categories
TRAVEL
3×
1.5% return
Welcome Offer
5,000 Travel Credits credited on payment of joining fee and meeting spend target.
5,000
points
Spend ₹1,00,000 within 60 days
Milestones
Spend ₹1.0L
1 additional Domestic Lounge visit for every 1 Lakh spent, capped at 15 additional visits.
Spend ₹12.0L
20,000 bonus Travel Credits on achieving annual spends of 12 Lakhs.
Spend ₹15.0L
Annual renewal fee reversal on achieving annual spends of 15 Lakhs.
No rewards on:
Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions
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Upgrade Path
Move up or down within this bank