All cards / SBI Card
SBI Card ELITE Advantage
Visa
SBI Card ELITE Advantage
SBI Card ELITE Advantage is a premium lifestyle card for households that spend heavily on dining and groceries and want a mix of lounge access and entertainment perks bundled together. It earns 10 points per Rs 100 (about 5%) in those two categories, backed by 8 combined domestic and international lounge visits a year and up to Rs 6,000 in movie-ticket value. The near-Rs 5,000 fee is only waived on a fairly demanding Rs 10 lakh annual spend, so it makes most sense for consistently high spenders rather than occasional users.
Annual fee
₹4,999
Joining fee
₹4,999
Reward type
points
Base reward rate
2%
Card network
Visa
Card tier
Premium
Who this card fits
Best suited to applicants with a credit score of roughly 750+ whose spend is concentrated in dining, groceries. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Movie & dining: Complimentary movie tickets worth up to Rs 6,000 per year via BookMyShow buy-one-get-one offers
- Rewards rate: 2% base rate
- Domestic lounge access: 8 complimentary domestic + international airport lounge visits per calendar year, shared across both categories rather than allotted separately
- International lounge access: 8 complimentary domestic + international airport lounge visits per calendar year, shared across both categories rather than allotted separately
Benefits by category
- 🍽️ Dining & food delivery
10% reward rate
- 🛒 Groceries
10% reward rate
- ✈️ Travel
8 complimentary domestic + international airport lounge visits per calendar year, shared across both categories rather than allotted separately
- ⛽ Fuel
1% fuel surcharge waived at the pump, capped at Rs 250 per billing cycle
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 750
- Minimum monthly income: ₹50,000
- Employment: salaried, self-employed
- Age: 21–65
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹10,00,000
- Rewards redemption fee: ₹99 + applicable taxes per redemption request when reward points are redeemed for statement credit, gift vouchers or physical products, charged once per batch regardless of how many items are redeemed in it.
- Foreign currency markup: 3.5%
- Interest rate: 42% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waived at the pump, capped at Rs 250 per billing cycle
- Cash advance charges: 2.5% of the withdrawn amount or ₹300 (whichever is higher) at domestic ATMs, and 3% or ₹300 (whichever is higher) internationally; cash advances earn no reward points and carry no interest-free grace period.
Benefits
- E-gift vouchers worth Rs 5,000 chosen from partner brands (Yatra, Bata/Hush Puppies, Pantaloons, Shoppers Stop, Marks & Spencer) once the joining fee is paid and the card is activated
- 8 complimentary domestic + international airport lounge visits per calendar year, shared across both categories rather than allotted separately
- Complimentary movie tickets worth up to Rs 6,000 per year via BookMyShow buy-one-get-one offers
- 1% fuel surcharge waived at the pump, capped at Rs 250 per billing cycle
Pros
- + 8 combined domestic + international lounge visits a year
- + 10X reward points on dining and groceries
- + Up to Rs 6,000 worth of free movie tickets annually
- + Rs 5,000 welcome e-gift voucher across popular lifestyle brands
- + 1% fuel surcharge waiver on everyday fuel purchases
Cons
- − High joining and annual fee
- − Fee waiver requires a demanding Rs 10 lakh annual spend
- − Standard 3.5% forex markup makes it weak for international spends