SBI Card Miles Elite Credit Card

Card Intro

Welcome Benefits

Welcome Gift of 5000 Travel Credits by paying the joining fee and making spends of Rs. 1,00,000 within 60 days of card issuance.

Interest Free Period

20 to 50 Days

Payment Gateway

Mastercard/Rupay

Card Fees

Joining Fee(once)

Rs. 4999

Annual Fee(2nd year onwards once)

Rs. 4999

Add-on Card Fee

Nil

Annual Fee Waive off

Annual spends greater than Rs. 15,00,000

Card Features, Rewards and Benefits

Cashback

Nil

Rewards

6 Travel Credits for every Rs. 200 spent on Travel Spends.

2 Travel Credits per Rs. 200 for all other spends, except fuel, e-wallet, rent, educational services and insurance transactions.

Milestone Benefits

Amount spent in an annual year (INR)
Rs. 12 lakhs : 20,000 Bonus Travel Credits
Rs. 15 lakhs : Annual fee reversed.

1 additional complimentary Domestic Lounge visits with every spend of Rs. 1 Lakh, capped at 15 visits in a membership year.

Fuel Surcharge Waiver

1% for transactions between Rs. 500 to Rs. 4000.
Up to Rs. 500 per statement

Dining

Nil

Movie Benefits

Nil

Lifestyle Benefits

Nil

Travel Benefits:

Reduced 1.99% Forex Charges and upto 23 Domestic lounge access.

Lounge Benefits

For Domestic – 8 complimentary lounge access per year (max. 2 visits per quarter) and 1 additional complimentary Domestic Lounge visits with every spend of Rs. 1 Lakh, capped at 15 visits in a membership year

For International Lounges – 6 complimentary lounge access per year (max. 2 visits per quarter) (Complimentary Priority Pass membership).

Hotel Benefits

Nil

Insurance Benefits

Upto 6 flight cancellations per year, each limited to Rs. 3,500.

Complimentary personal Air Accident Insurance Cover of up to Rs. 1 Crore.

Complimentary Credit Card Fraud Liability cover of Rs. 1 lakh on reporting unauthorized transactions within 48 hours of loss/theft of the card.

Cover for Loss of check in baggage up to Rs 72,000 (1000 USD), Delay of check in baggage Rs 7,500, Loss of travel documents up to Rs 12,500, Baggage Damage- Cover up to Rs. 5000.

Concierge Benefits

Nil

Health Benefits

Nil

Card Charges

Cash Payment fees at branches

Rs. 250

Cash Withdrawal Fees or Cash Advance Fees

2.5% (Min. Rs. 500) of the cash amount

Card Replacement Fees

Rs. 100 to Rs. 250

Charge slip Retrieval Fee

Rs. 225

Cheque Payment Fee

Rs.100

DCC Markup Fees(Dynamic & Static Currency Conversion Markup Fee)

3.5% on International transaction

Duplicate Statement Fee

Rs.100 per statement (>2 months old)

Emergency Card Replacement (When Abroad)

Minimum $175 for VISA, $148 for Mastercard

EMI Processing Fees

Rs. 199

Finance Charges

3.5% per month (42% per annum) (Min Rs 25)

Foreign Currency Transaction fee(Forex Charges)

1.99% of the transaction value

Late Payment charges

Nil if Total Payment Due is less than Rs. 500
Rs. 400 if total payment due is between Rs. 501 – Rs. 1,000
Rs. 750 if total payment due is between Rs. 1,001 – Rs. 10,000
Rs. 950 if total payment due is between Rs. 10,001 – Rs. 25,000
Rs. 1100 if total payment due is between Rs. 25,001 – Rs. 50,000
Rs. 1300 if total payment due is greater than Rs.50,000
* Additional Rs. 100 for missing payment of Minimum Amount Due *

Outstation Cheque Fee

N/A

Over Limit Fees

2.5% of the over limit amount (Min Rs. 600)

Payment (cheque/ECS/NACH/Auto Debit Reversal) Dishonor Fees

2% of the payment amount subject to Min. Rs.500

Payment of Customs duty

2.25% (Min Rs. 75)

Priority Pass Lounge Charges

$27 per visit + taxes

Railway Tickets Surcharge

Rs. 30 + 2.5% of transaction amount on Counters, 1% on IRCTC website

Rental Transaction Fee

Rs. 199

Reward Points Redemption Fee

Rs. 99

Any Other Charges

Cheque Pickup fee – Rs. 100

Fuel – 2.5% of transaction value or Rs. 10 whichever is higher

Terms & Conditions!

* Goods & Service Tax(GST) applicable on all fees, interest and other charges. All fees, charges, rewards, or any other terms can change at any time. Always read the Terms and Conditions on the Bank’s page.