Table of Contents
SBI Miles Elite Credit Card Review – Features, Benefits & Fees
| Feature | Details |
|---|---|
| Issuer | State Bank of India |
| Card Type | Semi Premium Credit Card |
| Annual Fee | ₹ 4,999+ GST (Waived on spending ₹ 15 lakh) |
| Renewal Fee | ₹ 4,999+GST |
| Add-on Fee | Nill |
| Joining Benefits | ₹ 5000 travel credits on spends of ₹ 1,00,000 within 60 days of card issuance |
| Best Suited For | Traveling |
| Lounge Access | International-6 every year, Domestic-2 per quarter |
| Fuel Surcharge Waiver | 1 %Fuel surcharge waiver across all petrol pumps (Max ₹ 500 per statement cycle) |
| Free Movie Tickets | No |
Welcome Benefits
Benefit 1 – ₹ 5000 travel credits on spends of ₹ 1,00,000 within 60 days of card issuance. These are useful since they can be redeemed for up to ₹5,000.
Rewards & Cashback
| Spend Category | Reward Rate |
|---|---|
| Travel Spend | 6 Edge Miles/ ₹200 spent (3 % Reward) |
| Regular Spend | 2 Edge Miles/ ₹200 spent (1 % Reward) |
| Fuel | 1 %Fuel surcharge waiver across all petrol pumps |
| Other Spends-Wallet, Rent, Education, & Insurance | No Reward |
Milestone Rewards
| Travel Credit | Value |
|---|---|
| 1 Travel credit | ₹ 1 for Air Miles/ Hotel Points |
| 1 Travel credit | ₹ 0.5 for Travel Bookings |
| 1 Travel credit | ₹ 0.5 for Shop & Smile Product Catalogue |
Lounge Access
| Lounge Type | Access |
|---|---|
| International Lounge Program | 6 Complimentary Airport Lounge access every year |
| Domestic Lounge Program | 2 Airport Lounge Visits per quarter |
Fees & Charges
| Charge Type | Amount |
|---|---|
| Joining Fee | ₹ 4,999 +GST |
| Annual Fee | ₹ 4,999 +GST |
| Foreign Exchange Markup | 1.99%+GST |
📌 Note: GST and other applicable taxes as per current laws will be levied on all fees and charges.
Other Benefits & Features
✔ Feature 1 – Lost card liability up to ₹ 1,00,000
✔ Feature 2–Air Accident cover up to ₹ 1 Crore
Eligibility & Documents Required
The official eligibility criteria for the SBI Miles Elite credit card are not available on the official SBI Card website. However, based on general eligibility norms for premium credit cards, applicants typically need to meet certain requirements
| Criteria | Requirement |
|---|---|
| Age for Primary Cardholder | 18 to 70 years old |
| Age for Add-on Cardholder | Above 18 years old |
| Income | Not officially disclosed by SBI |
| Credit Score | Recommended: 750+ |
| Documents Required | PAN Card, Aadhar, Income Proof, Address Proof |
| Residential Status | Indian Resident only |
📌 Note: Eligibility criteria may vary based on the bank’s internal policy.
How do I Apply for SBI MILES ELITE Credit Card?
Step 1: Visit the sbicard.com website. Click on the “Credit Cards” section and search for SBI Miles Elite Credit Card.
Step 2: Fill in the application form online and upload the required documents.
Step 3: Wait for verification and approval.
Step 4: Receive your card at your registered address.
Pros & Cons
✅ Pros
✔ Enjoy domestic and international complimentary airport lounge access.
✔Covers air accident insurance and lost baggage insurance, ensuring peace of mind during trips.
❌ Cons
✖ High Annual fee
✖ Limited benefits for non-travelers
Final Verdict – Should You Get This Card?
No, you should not go for that card unless you travel frequently.
📢 Best for: frequent flyers who can maximize lounge access, travel rewards, and milestone benefits