Card Details
SBI Miles Elite Card
Card Issuer
SBI Card
Joining Fee
₹4,999
Annual Fee
₹4,999
Reward Type
Miles
Card Access
Standard
Offers from SBI Card
See allWatch-Centre: Up to Rs 4000 Instant Discount
Exclusive Discounts · till 28 Oct 2026
Electrokraft: Up to Rs 5000 Instant Discount
Electronics Deals · till 28 Oct 2026
Apna-Mart: Up to 5% Extra Cashback
Exclusive Discounts · till 29 Oct 2026
Monte Carlo: 5% Extra Cashback
Exclusive Discounts · till 29 Oct 2026
Gupta Distributors: Up to RS 5000 Instant Discount
Exclusive Discounts · till 30 Oct 2026
Earn Points
6Pts/₹200
On travel spends
2Pts/₹200
On other spends
Benefits
Redeem Credits for Air Miles 1:1
- Travel Credits accelerate on travel spends and milestones
- 6 Travel Credits per ₹200 on travel purchases
- 20,000 bonus Travel Credits on ₹12 lakh annual spends
- 5,000 welcome Travel Credits on ₹1 lakh spends in 60 days
- Welcome credits are credited only after joining fee payment
6 international + 8 domestic lounge visits yearly
- 6 complimentary international lounge visits a year outside India via Priority Pass (max 2 a quarter)
- 8 complimentary domestic airport lounge visits a year (max 2 a quarter)
- 1 extra domestic lounge visit for every ₹1 lakh spent (up to 15; limited period)
- Priority Pass membership complimentary for the first 2 years; visits beyond the free ones cost US$27 + taxes
1% fuel surcharge waiver
1.99% foreign-currency markup
Reward Calculator
NOTE: Enter your monthly spends to see
projected returns.
Excluded: fuel, rent, wallet
Estimated Returns
Travel & international spends
6TC/200
₹900
Other spends
2TC/200
₹0
Total Annual Return
₹10,800
3% Effective ROIThings to Keep in Mind
The value of a 'Travel Credit' varies depending on the redemption method: ₹1 for air mile/hotel point conversion, ₹0.50 for travel bookings on the portal, and ₹0.25 for catalogue products.
Travel Credits are not earned on several key categories like Fuel, Utilities, Insurance, and Wallet Uploads.
The 1:1 conversion ratio for air miles and hotel points is only applicable to select partners.
Monthly cap of 15,000 Travel Credits per statement month
Card insights
What Users Are Saying
Community Feed
Apr 2026
“Best way to utilise or transfer points from Sbi Miles Elite CC”
by r/CreditCardsIndia, Apr 2026
“Need info on SBI card miles Elite”
by r/CreditCardsIndia, May 2025
“Does SBI Miles Elite card gives reward points on Tax”
by r/CreditCardsIndia, May 2025
“SBI Miles Elite - Was it a mistake?”
by r/CreditCardsIndia, Apr 2025
Alternatives
If you spend…
Recommendation
Higher travel earn
Axis Bank ATLAS Credit CardSame programme, cheaper
SBI Card MILES PRIMESimple cashback
Cashback SBI Credit CardFrequently Asked Questions
6 Travel Credits per ₹200 on travel, 2 on other spends, 8 domestic and 6 international lounge visits a year, 1.99% forex, and a 5,000 credit welcome on ₹1 lakh spend in 60 days.
What the extra ₹2,000 over MILES PRIME buys
MILES ELITE is the top of SBI's three MILES cards, and the first question is whether it is worth ₹2,000 a year more than MILES PRIME. On everyday spends, it is not: both earn 2 Travel Credits per ₹200. ELITE pulls ahead in four places only:
- Travel spends earn 6 Travel Credits per ₹200, against PRIME's 4.
- Forex markup is 1.99%. Users report 2.5% on PRIME.
- 6 international lounge visits a year instead of 4.
- A 20,000 Travel Credit milestone at ₹12 lakh of annual spend.
So ELITE is for people who travel a lot and spend abroad. Everyone else is paying for features they will not use.
Not to be confused with SBI Card ELITE, the lifestyle card with movie tickets. Many Reddit threads about "SBI Elite" are about that one.
Why Reddit calls it 1.5%
The most common complaint, in 11 threads, is that this ₹4,999 card only returns 1.5%. That figure is travel spend redeemed on SBI's travel portal, where a Travel Credit is worth ₹0.50. Transfer the same credits 1:1 to a partner such as Air India and each one is worth ₹1, so travel earns 3% and other spends 1%. Users report Accor at 2:1, so check the ratio for your partner before you plan around it. Catalogue redemptions are worth about ₹0.25, a quarter of the best value.
Monthly earn is capped at 15,000 Travel Credits. Utilities, insurance, fuel and wallet loads earn nothing.
A heavy-travel year, worked out
Say you spend ₹4 lakh on flights and hotels and ₹4 lakh on everything else:
- Travel: 12,000 Travel Credits.
- Other spends: 4,000 Travel Credits.
- Welcome: 5,000 Travel Credits, if you spend ₹1 lakh in the first 60 days.
That is 21,000 credits, worth ₹21,000 transferred at 1:1, or ₹10,500 on the portal, against a fee of about ₹5,899 with GST. Add 8 domestic and 6 international lounge visits and the card clearly pays. Halve the travel spend and redeem on the portal, and you get about ₹7,500 in year one with the welcome, then about ₹5,000 a year after, below the fee. The ₹15 lakh fee reversal is out of reach for most holders.
Our take on SBI MILES ELITE
Get it if you spend ₹50,000 or more a month with a fair share on travel, spend abroad, and will transfer to a partner airline or hotel. For that profile, 3% on travel and 1.99% forex are real.
Skip it if you would redeem on the portal, or if your travel is a few trips a year. Users consistently prefer Axis Atlas at a similar fee. Users also report agents pushing MILES ELITE after a Cashback SBI rejection, so apply through SBI directly. More on SBI lounges: SBI credit card lounge access.
Credit Card Information Compiled by: Abhijeet Kumar | Reviewed by: Anmol Ratan Sachdeva
