SBI
SBI Card ELITE Credit Card
Premium card · 8/year domestic lounge · fee waiver achievable around ₹10L annual spend · 1.99% forex markup.
- Good for travel 2% forex · 8 lounge/year
- Moderate forex 2% forex markup
- Strong lounge access 8 lounge visits per year
Annual fee ₹4,999 per year
Forex markup 1.99% moderate
Lounge access 8 visits / year
Rewards / ₹100 2 pts base
At a glance
Snapshot · usage · fitFast facts
- Annual fee
- ₹4,999
- Joining fee
- ₹4,999
- Forex markup
- 1.99%
- Lounge access
- 8/year domestic lounge
- Reward rate
- 2 pts / ₹100
What you'd do with it
- Works best for travelers who need around 8 domestic lounge visits a year.
Best for
- Good for travel
- Strong lounge access
Not the best for
- High forex markup (1.99%)
Still worth it?
Evidence-backed snapshotGood fit if
- Fee waiver is on file at ₹10,00,000 annual spend.
- Forex markup is low at 1.99%.
- Lounge access is on file.
Watch out for
- Fee waiver requires ₹10,00,000 annual spend.
Verify before applying
- Welcome benefit timing and claim process.
- Lounge spend criteria, guest rules, and visit caps.
- Annual fee waiver terms and eligible spend exclusions.
- Issuer fees, GST, finance charges, and late-payment terms.
- Reward exclusions, caps, redemption value, and voucher timelines.
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: ~1,000 pts/month (base earn)
- Fee waiver unlikely at this spend
- Forex cost ~₹1,000 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic visits
- 8/year
- International visits
- 6/year
Rewards
- Points per ₹100
- 2 pts
Fees & charges
Fees
- Annual fee
- ₹4,999
- Joining fee
- ₹4,999
- Fee waiver spend
- ₹10,00,000
International Use
- Forex markup
- 1.99%
- Product tier
- Premium
Annual fee break-even math
When does this card pay for itself ₹10L
yearly spend to offset ₹4,999 fee
At base earn rates, you need roughly ₹10L in yearly spend to offset the ₹4,999 annual fee.
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · sources · last refresh- Card facts refreshed on 5 June 2026.
- Annual fee on file: ₹4,999.
- Forex markup currently listed at 1.99%.
- 8/year domestic lounge is on file in the latest refinery snapshot.