MILES ELITE SBI Card

• All retail spends (Travel & Other Spends combined) — 15,000 TC / month (shared cap — All retail spends (Travel & Other Spends combined))

• Rent — Not eligible. Rent/property management (MCC 6513) excluded from Travel Credits accrual (Section 11.3b).
• Education — Not eligible. School & Educational Services (MCC 8211, 8241, 8244, 8249, 8299) excluded from Travel Credits accrual (Section 11.3b).
• Insurance — Not eligible. Insurance transactions (MCC 5960, 6300, 6380) excluded from Travel Credits accrual (Section 11.3b).
• Utilities — Not eligible. Utility transactions (MCC 4900, 4814, 4899, 9399) excluded from Travel Credits accrual (Section 11.3b).
• Fuel — Not eligible. Purchases at petrol pumps/service stations (MCC 5172, 5541, 5542, 5983) excluded from Travel Credits accrual.
• Government — Not eligible. Quasi-cash and government transactions (MCC 6012, 6051, 9222, 9311, 9402) excluded from Travel Credits accrual (Section 11.3b).
• Wallet — No reward.
• Telecom — Not eligible. Telecom (MCC 4814) falls under utility exclusion (Section 11.3b) and is excluded from Travel Credits accrual.

• Spend ₹15,00,000 per card year → benefit worth ₹4,999 — Annual fee waiver: the renewal fee is waived on annual spends of Rs.15 Lakh or more in the preceding year. Source: SBI Cards - Most Important Terms & Conditions, Section 1.A Annual Fees & Renewal Fees (fee table, pages 1-11).
• Spend ₹12,00,000 per year → benefit worth ₹20,000 — 20,000 bonus Travel Credits on annual spends of ₹12 lakh. Estimate only, not a cash value: Travel Credits carry no cash value of their own (SBI Rewards Program T&C, section 2(e)). The estimate uses ₹1.00 per Travel Credit, which the T&C supports only for conversion to an Air Mile / Hotel Point (section 2(s)) — the same route the engine already uses for earned Travel Credits; a Travel Credit is worth ₹0.50 for Travel Bookings and ₹0.25 against the Shop & Smile catalogue, so this is an upper-end estimate that depends on how the credits are used. Source: official product-page information (SBI-MILES-PAGE-2026).
• Spend ₹1,00,000 per card year — 1 additional domestic airport lounge visit for every ₹1 lakh spent, over and above the complimentary visits; additional visits are capped at 15 in a membership year. Recorded once (the product information repeats it). Not valued in rupees: DhanChakshu has no lounge-visit valuation. Source: official product-page information (SBI-MILES-PAGE-2026).

Subject to SBI's underwriting and eligibility criteria. See the issuer's terms for current requirements.

• Payment network: Mastercard / Visa / RuPay
• Airport lounge: 1 additional domestic lounge visit for every ₹1 lakh spent, over and above the complimentary visits (max 15 a membership year)
• Fuel surcharge waiver: 1% fuel surcharge waiver (₹500-₹3,000, max ₹250/stmt)
• Foreign-currency markup: 1.99% foreign-currency markup — Charged on every foreign-currency transaction (MILES ELITE SBI Card). The exchange rate is determined by the network (VISA/Mastercard etc.) on the date the transaction is settled with SBI Card.

• Renewal fee ₹4,999 plus applicable taxes, charged every year for MILES ELITE SBI Card
• Over-limit fee: 2.5% of the amount above the credit limit or ₹600, whichever is higher, charged once per billing cycle
• Payment dishonour fee: 2% of the payment amount, subject to a minimum of ₹500
• Cheque payment fee ₹200
• Card replacement fee between ₹100 and ₹250 depending on the card variant

1 area needs further verification. None of these are counted as zero.

• • FASTag — depends on how the transaction is processed