SBI

SBI Card MILES Credit Card

Good fit when rewards, fees, and forex fit your spend pattern — ₹1,499 annual fee.

Top reasons to choose this card

₹6L fee waiver
1 domestic lounge visit, spend-gated

Limited lounge access 1 per year domestic lounge

Suggested comparison Similar tier comparison Compare with Axis Bank IndiGo →

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Annual fee ₹1,499 per year

Forex markup 3% high

Lounge access 1 visits / year

Rewards / ₹100 1 pts base

The catch Domestic: 1/year · requires ₹1,00,000 spend in the previous year. Check visit caps before travel.

Welcome benefit timing may vary
Fee waiver available
Annual fee known
Forex markup known
1 per year domestic lounge

At a glance

Snapshot · usage · fit

Fast facts

Annual fee: ₹1,499 higher than 60 of 112 cards
Joining fee: ₹1,499
Forex markup: 3% lower than 68 of 111 cards
Lounge access: 1 per year domestic lounge
Reward rate: 1 pts / ₹100

Fit data not yet captured for this card.

Still worth it?

Evidence-backed snapshot

Good fit if

Fee waiver applies at ₹6,00,000 annual spend.
1 per year domestic lounge

Verify before applying

Annual fee known
Fee waiver available
Forex markup known
1 per year domestic lounge
Airport lounge list may change
₹1,500 welcome benefit listed
Welcome benefit timing may vary
Monthly interest known

Welcome benefit timing and claim process.
Lounge terms to verify: 1 per year domestic lounge. Verify spend criteria, guest rules, and airport list before relying on it.
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.

Next best move

Open the ranking that matches your constraint, or compare this card with the closest alternative.

Compare with Axis Bank IndiGo Similar tier comparison Best SBI credit cards See how this card compares within SBI. Forex ranking (verified) Compared on verified forex markup, then annual fee. Lounge access shortlist Discovery list of cards with cardholder lounge access.

Is this good for lounge access?

1 per year domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 3%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies at ₹6,00,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

A welcome benefit worth ₹1,500 is listed, but timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Fees confidence: High Forex confidence: High Rewards confidence: High · issuer terms Lounge confidence: Unknown Waiver confidence: High

Card facts refreshed 11 July 2026.

Spending requirements

Spend gates · caps · milestone thresholds

Annual fee waiver₹6,00,000yearAnnual fee waiverhighstrong

Lounge access spend gate₹1,00,000yearLounge eligibilityreasonablestrong

Watch outs

Before choosing this card

Fee waiver requires ₹6,00,000 annual spend.

Reward reality

Point value · limits · exclusions

Verified value₹1 per pointAir miles

Exclusions/no-earnThese spends do not earn reward points: Wallet loads, Fuel, AURUM, and Prime NRI Secured, and 7 more.

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: ~500 pts/month (base earn · uses base/general earn rate; partner and category bonuses not included)
Fee waiver achievable at this spend
Forex cost ~₹1,500 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): 1 per year — via Priority Pass Condition: ₹1,00,000 spend in the previous year
International (cardholder): Not included

Rewards

Points per ₹100: 1 Travel Credits value depends on redemption
Headline point value: ₹1.00 per Travel Credit · verified 8 Jul 2026 Operator-verified headline rate — full channel grid in Redemption value.
Point validity: Points expire 2 years after earning · verified 8 Jul 2026

Redemption value

You earn: Travel Credits
Cashback: ₹0.50 per Travel Credit · verified 8 Jul 2026
Catalogue: ₹0.25 per Travel Credit · verified 8 Jul 2026
Travel: ₹0.50 per Travel Credit · verified 8 Jul 2026
Air miles: ₹1.00 per Travel Credit · verified 8 Jul 2026
Highest documented value: Air miles · ₹1.00 per Travel Credit
Conservative floor: Catalogue · ₹0.25 per Travel Credit

Insurance Cover

Lost card liability cover: ₹1 lakh · verified 8 Jul 2026
Underwriter: Insured by ICICI Lombard General Insurance Company Limited · verified 8 Jul 2026

Fees & charges

Fees

Monthly interest rate: 3.75% / month
Annual fee: ₹1,499
Joining fee: ₹1,499 · verified 8 Jul 2026
Fee waiver spend: ₹6,00,000 · verified 8 Jul 2026 Above catalog median waiver (₹2,00,000 vs ₹6,00,000).
Interest-free period: Up to 50 days · verified 8 Jul 2026

International Use

Forex markup: 3%

3 sources agree · verify issuer terms before applying

Where to verify

Issuer site (verify current terms) (opens in new tab)
Operator-verified anchor
Product tier: Mid-tier