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IndiGo SBI Card ELITE
IndiGo SBI Card ELITE is SBI's premium co-brand card with India's largest airline, built for frequent IndiGo flyers who want accelerated BluChips and strong lounge access rather than a spend-based fee waiver. It earns 7 BluChips per Rs 100 on IndiGo spends, well above typical travel-card rates, and bundles domestic lounge access (conditional on prior-quarter spend) with 6 international visits a year. Its value is concentrated on IndiGo loyalty — cardholders who fly other airlines regularly will find the co-brand rewards less useful.
Annual fee
₹4,999
Joining fee
₹4,999
Reward type
miles
Base reward rate
1%
Card network
Visa
Card tier
Premium
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in travel. It's worth the annual fee mainly if your miles value clears it.
Rewards & benefits
- Rewards rate: 1% base rate
- Travel: Up to 4 flight cancellation covers per year, each reimbursing up to Rs 3,000 toward cancellation charges
- Domestic lounge access: Up to 8 domestic lounge visits a year (2 per quarter, conditional on at least Rs 1 lakh spend in the prior quarter) plus 6 international lounge visits per year
- International lounge access: Up to 8 domestic lounge visits a year (2 per quarter, conditional on at least Rs 1 lakh spend in the prior quarter) plus 6 international lounge visits per year
- Insurance benefits: Lost card liability cover up to Rs 1 lakh and lost check-in baggage cover up to Rs 72,000 for IndiGo flights booked on the card
Benefits by category
- ✈️ Travel
7% reward rate · Up to 8 domestic lounge visits a year (2 per quarter, conditional on at least Rs 1 lakh spend in the prior quarter) plus 6 international lounge visits per year
- 🛡️ Insurance
Lost card liability up to Rs. 1 lakh, lost check-in baggage cover up to Rs. 75,000 and up to 4 free flight cancellations a year (Rs. 3,000 each)
- ⛽ Fuel
1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000, max Rs. 400 per statement cycle
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹50,000
- Employment: salaried, self-employed
- Age: 21–65
Fees & charges
- 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 waiver on transactions between Rs. 500 and Rs. 4,000, max Rs. 400 per statement 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
- 5,000 IndiGo BluChips and a 6E Eats in-flight voucher credited on the first transaction made within 60 days of account opening
- Up to 8 domestic lounge visits a year (2 per quarter, conditional on at least Rs 1 lakh spend in the prior quarter) plus 6 international lounge visits per year
- Lost card liability up to Rs. 1 lakh, lost check-in baggage cover up to Rs. 75,000 and up to 4 free flight cancellations a year (Rs. 3,000 each)
- 6,000 IndiGo BluChips voucher on annual spends of Rs. 3 lakh, Rs. 6 lakh, Rs. 9 lakh and Rs. 12 lakh each
- 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000, max Rs. 400 per statement cycle
Pros
- + 7 BluChips per Rs 100 on IndiGo spends, an unusually high accelerated rate
- + 8 domestic + 6 international lounge visits a year
- + Flight cancellation cover up to 4 times a year
- + Lost baggage and lost card liability cover for IndiGo travel
- + Welcome BluChips plus a 6E Eats voucher on early spend
Cons
- − No annual fee waiver option regardless of spend
- − Standard 3.5% forex markup makes it weak for international spends
- − BluChips are valuable mainly to frequent IndiGo flyers, less so otherwise
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