◉
DhanChakshu
Aapke Paise Ke Liye Sahi Nazar
Research coverage — 15/16 categories
SBI · Visa / Mastercard / American Express

SBI Card ELITE

Best forGroceries & Dining
Earns10 RP/₹100 on groceries
1st Year / Joining Fee
₹4,999 + taxes
Renewal Fee
₹4,999 + taxes
charged every year for SBI Card ELITE
Fee waiver
₹10,00,000
annual spend
Network
Visa / Mastercard / American Express

Why this card may suit you

Based on the card's verified terms.

  • Best suited to spending on groceries and dining, where it earns 10 RP/₹100
  • Annual fee is waived at ₹10,00,000 yearly spend

How you earn

Reward rates at a glance — exactly as recorded for this card.

Groceries10 RP/₹100
Dining10 RP/₹100
Education2 RP/₹100
Insurance2 RP/₹100
Utilities2 RP/₹100
All 16 reward categories · 15 of 16 categories verified
CategoryRateCapCondition
RentNot eligible—No reward points on rent payments (MCC 6513): Shop & Smile Section IV(f) for the cards on its attached list — not supplied, so this card's inclusion rests on earlier research
Details
Status
Verified — not eligible
Issuer note
No reward points on rent payments (MCC 6513): Shop & Smile Section IV(f) for the cards on its attached list — not supplied, so this card's inclusion rests on earlier research. ₹199 processing fee applies per MITC.
Education2 RP/₹100—2 RP per ₹100 on education spends: general base (Shop & Smile Table No.1
Details
Status
Verified
Source
SBI-SHOP-SMILE-TNC-2026
Issuer note
2 RP per ₹100 on education spends: general base (Shop & Smile Table No.1; ELITE booklet 11.3(a)(b)); the Shop & Smile Section IV exclusions list no education exclusion. The card-specific ELITE booklet excludes only petrol; no card-specific exclusion applies to this category.
Insurance2 RP/₹100—2 RP per ₹100 on insurance premium payments: general base (Shop & Smile Table No.1
Details
Status
Verified
Source
SBI-SHOP-SMILE-TNC-2026
Issuer note
2 RP per ₹100 on insurance premium payments: general base (Shop & Smile Table No.1; ELITE booklet 11.3(a)(b)); the Shop & Smile Section IV exclusions list no insurance exclusion. The card-specific ELITE booklet excludes only petrol; no card-specific exclusion applies to this category.
Utilities2 RP/₹100—2 RP per ₹100 on general utility bill payments: general base (Shop & Smile Table No.1
Details
Status
Verified
Source
SBI-SHOP-SMILE-TNC-2026
Issuer note
2 RP per ₹100 on general utility bill payments: general base (Shop & Smile Table No.1; ELITE booklet 11.3(a)(b)); the Shop & Smile Section IV exclusions list no utilities exclusion. The card-specific ELITE booklet excludes only petrol; no card-specific exclusion applies to this category.
FuelNot eligible—No reward points on purchases at petrol pumps / service stations (MCC 5172, 5541, 5542, 5983): Shop & Smile Section IV(b)
Details
Status
Verified — not eligible
Issuer note
No reward points on purchases at petrol pumps / service stations (MCC 5172, 5541, 5542, 5983): Shop & Smile Section IV(b); ELITE booklet 11.3(b).
Groceries10 RP/₹10010,000 RP per month10 RP per ₹100 (5X) on grocery stores and supermarkets (MCC 5411), sharing the 10,000 RP monthly accelerated cap with dining and departmental stores
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
10 RP per ₹100 (5X) on grocery stores and supermarkets (MCC 5411), sharing the 10,000 RP monthly accelerated cap with dining and departmental stores; reverts to 2 RP/₹100 base rate after cap. Accelerated only when the transaction posts under the accelerated MCC (Elite T&C booklet 11.1(a)(b): Grocery 5411); otherwise the transaction earns the general 2 RP. Shop & Smile Table No.2 lists SBI Card Elite 5X on Dining, Grocery and Departmental Stores (no Movies), capped at 10,000 RP a month; eligible transactions are identified by network MCC. Accelerated points do not accrue at the three wholesale businesses named in Shop & Smile Section IV(d).
Dining10 RP/₹10010,000 RP per month10 RP per ₹100 (5X) on dining (MCC 5812, 5813, 5814), sharing the 10,000 RP monthly accelerated cap with grocery and departmental stores
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
10 RP per ₹100 (5X) on dining (MCC 5812, 5813, 5814), sharing the 10,000 RP monthly accelerated cap with grocery and departmental stores; reverts to 2 RP/₹100 base rate after cap. Accelerated only when the transaction posts under the accelerated MCC (Elite T&C booklet 11.1(a)(b): Dining 5812 / 5813 / 5814); otherwise the transaction earns the general 2 RP. Shop & Smile Table No.2 lists SBI Card Elite 5X on Dining, Grocery and Departmental Stores (no Movies), capped at 10,000 RP a month; eligible transactions are identified by network MCC.
Food Delivery2 RP/₹100—2 RP per ₹100 on food-delivery spend under the general base clause (11.3(a)(b))
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
2 RP per ₹100 on food-delivery spend under the general base clause (11.3(a)(b)); not an accelerated category — Dining, Departmental Stores and Grocery are, and they qualify by transaction MCC (11.1(b)). A delivery transaction that posts under a dining MCC may earn more; that is not assumed.
Shopping2 RP/₹100—2 RP per ₹100 on retail shopping (Section 11.3a)
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
2 RP per ₹100 on retail shopping (Section 11.3a). Note: Departmental Stores (MCC 5311) earn 10 RP/₹100 sharing 10,000 RP/mo accelerated cap.
Travel2 RP/₹100—2 RP per ₹100 on retail travel bookings (Section 11.3a)
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
2 RP per ₹100 on retail travel bookings (Section 11.3a).
GovernmentNot eligible—No reward points on government related transactions (MCC 9399, 9311): Shop & Smile Section IV(g) for the cards on its attached list — not supplied, so this card's inclusion rests on earlier research
Details
Status
Verified — not eligible
Issuer note
No reward points on government related transactions (MCC 9399, 9311): Shop & Smile Section IV(g) for the cards on its attached list — not supplied, so this card's inclusion rests on earlier research.
WalletNot eligible—E-wallet loading, prepaid card purchases and account funding (MCC 6540, 6541) earn no reward points: Shop & Smile Section IV(e), which names SBI Card Elite
Details
Status
Verified — not eligible
Issuer note
E-wallet loading, prepaid card purchases and account funding (MCC 6540, 6541) earn no reward points: Shop & Smile Section IV(e), which names SBI Card Elite.
Railways2 RP/₹100—2 RP per ₹100 on railway bookings per General Base Reward clause (Section 11.3a & 11.3b)
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
2 RP per ₹100 on railway bookings per General Base Reward clause (Section 11.3a & 11.3b).
FASTagVaries—Depends on how the transaction is processed
Details
Status
Depends on how the transaction is processed
Issuer note
Not established: the Elite T&C booklet gives a general 2 RP clause but does not say how a FASTag recharge or toll is treated, and no FASTag-specific reward or exclusion is stated. A FASTag recharge may post as a toll, as a wallet load (MCC 6540 / 6541), or under another merchant category, and SBI identifies eligible transactions on a best-effort basis. The treatment therefore depends on the transaction route, merchant / payment processor and MCC, so no rate is applied (unresolved, not zero). Prefer recharging FASTag directly through the FASTag issuer's official website / app rather than through a third-party wallet / payment route.
Jewellery2 RP/₹100—2 RP per ₹100 on jewellery purchases per General Base Reward clause (Section 11.3a & 11.3b)
Details
Status
Verified
Source
SBI-ELITE-TNC-2026
Issuer note
2 RP per ₹100 on jewellery purchases per General Base Reward clause (Section 11.3a & 11.3b).
Telecom2 RP/₹100—2 RP per ₹100 on telecom spends and mobile recharges: general base (Shop & Smile Table No.1
Details
Status
Verified
Source
SBI-SHOP-SMILE-TNC-2026
Issuer note
2 RP per ₹100 on telecom spends and mobile recharges: general base (Shop & Smile Table No.1; ELITE booklet 11.3(a)(b)); the Shop & Smile Section IV exclusions list no telecom exclusion. The card-specific ELITE booklet excludes only petrol; no card-specific exclusion applies to this category.

“—” means not established. “Research pending” is not zero: it means DhanChakshu has not finished verifying that category, so it is not counted.

Cost & caps

What it costs to hold, and where rewards stop.

1st Year / Joining Fee
₹4,999 + taxes
Renewal Fee
₹4,999 + taxes
charged every year for SBI Card ELITE
Fee waiver
₹10,00,000
annual spend
Reward caps
  • Dining and Departmental stores & Groceries — 10,000 RP / month (shared cap — Dining and Departmental stores & Groceries)
Spending thresholds
  • Spend ₹10,00,000 per card year → annual fee waived
  • Spend ₹3,00,000 per card year → 10,000 bonus reward points on reaching ₹3 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab
  • Spend ₹4,00,000 per card year → 10,000 bonus reward points on reaching ₹4 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab
  • Spend ₹5,00,000 per card year → 15,000 bonus reward points on reaching ₹5 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab
  • Spend ₹8,00,000 per card year → 15,000 bonus reward points on reaching ₹8 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab

Key benefits

Rewards
10 RP/₹100 on groceries
Lounge access
Priority Pass 6 intl visits/yr, 8 domestic lounge visits/yr
Fuel surcharge waiver
1% fuel surcharge waiver at all petrol pumps in India on fuel transactions of ₹500 to ₹4,000, maximum waiver ₹250 per billing statement per credit card account
Foreign-currency markup
1.99% foreign-currency markup — Charged on every foreign-currency transaction (SBI Card ELITE)
Milestone benefit
Welcome gift: after paying the membership fee for the eligible year, the cardholder can choose e-vouchers in multiples of ₹1,000 up to a total of ₹5,000 from the brand options on the GyFTR welcome-kit page
Milestone benefit
10,000 bonus reward points on reaching ₹3 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab

Important to know

Limits and exclusions that change what you earn.

  • Dining and Departmental stores & Groceries rewards are capped at 10,000 RP / month (shared cap — Dining and Departmental stores & Groceries)
  • Not eligible: Rent, Fuel, Government, Wallet
  • Spend ₹10,00,000 per card year → annual fee waived

Who should consider this card

✓ Good fit if
  • Your spending is concentrated in groceries, dining, education
  • You can reach the ₹10,00,000 annual spend that waives the fee
△ Less useful if
  • Much of your spending is in rent, fuel, government, which earn nothing
  • You cannot reach the fee-waiver spend and would pay the annual fee
Compare with another card →Read card guides →

Full details

Everything else, expanded on demand.

Caps & exclusions · 1 caps · 4 no-reward categories
Caps
  • Dining and Departmental stores & Groceries — 10,000 RP / month (shared cap — Dining and Departmental stores & Groceries)
Categories with no reward or not eligible
  • Rent — Not eligible. No reward points on rent payments (MCC 6513): Shop & Smile Section IV(f) for the cards on its attached list — not supplied, so this card's inclusion rests on earlier research.
  • Fuel — Not eligible. No reward points on purchases at petrol pumps / service stations (MCC 5172, 5541, 5542, 5983): Shop & Smile Section IV(b).
  • Government — Not eligible. No reward points on government related transactions (MCC 9399, 9311): Shop & Smile Section IV(g) for the cards on its attached list — not supplied, so this card's inclusion rests on earlier research.
  • Wallet — Not eligible. E-wallet loading, prepaid card purchases and account funding (MCC 6540, 6541) earn no reward points: Shop & Smile Section IV(e), which names SBI Card Elite.
Milestones · 6 recorded
  • Spend ₹10,00,000 per card year → benefit worth ₹4,999 — Annual fee waiver: the renewal fee is waived on annual spends of Rs.10 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).
  • Milestone → benefit worth ₹5,000 — Welcome gift: after paying the membership fee for the eligible year, the cardholder can choose e-vouchers in multiples of ₹1,000 up to a total of ₹5,000 from the brand options on the GyFTR welcome-kit page; redeemable within 6 months of receipt of the communication; the account must be in good standing. Informational: not counted in the engine net value (no spend threshold; the nominal value is the maximum of a brand-choice voucher). Source: SBI Card ELITE - Reward Point Program Terms & Conditions (Elite T&C booklet, Part 1), Welcome Gift Terms & Conditions.
  • Spend ₹3,00,000 per card year → benefit worth ₹2,500 — 10,000 bonus reward points on reaching ₹3 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab. Valued at ₹0.25 per reward point (₹2,500). Each slab is read as crediting its own bonus (the table lists the respective bonus per slab); which spends count toward the annual spend level is not stated. Source: SBI Card ELITE - Reward Point Program Terms & Conditions (Elite T&C booklet, Part 1), Bonus Reward Points (milestone) table.
  • Spend ₹4,00,000 per card year → benefit worth ₹2,500 — 10,000 bonus reward points on reaching ₹4 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab. Valued at ₹0.25 per reward point (₹2,500). Each slab is read as crediting its own bonus (the table lists the respective bonus per slab); which spends count toward the annual spend level is not stated. Source: SBI Card ELITE - Reward Point Program Terms & Conditions (Elite T&C booklet, Part 1), Bonus Reward Points (milestone) table.
  • Spend ₹5,00,000 per card year → benefit worth ₹3,750 — 15,000 bonus reward points on reaching ₹5 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab. Valued at ₹0.25 per reward point (₹3,750). Each slab is read as crediting its own bonus (the table lists the respective bonus per slab); which spends count toward the annual spend level is not stated. Source: SBI Card ELITE - Reward Point Program Terms & Conditions (Elite T&C booklet, Part 1), Bonus Reward Points (milestone) table.
  • Spend ₹8,00,000 per card year → benefit worth ₹3,750 — 15,000 bonus reward points on reaching ₹8 lakh of annual spend (annual period counted from the card / account opening date), credited within 21 days of reaching the slab. Valued at ₹0.25 per reward point (₹3,750). Each slab is read as crediting its own bonus (the table lists the respective bonus per slab); which spends count toward the annual spend level is not stated. Source: SBI Card ELITE - Reward Point Program Terms & Conditions (Elite T&C booklet, Part 1), Bonus Reward Points (milestone) table.
Eligibility

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

Specifications
  • Payment network: Visa / Mastercard / American Express
  • Airport lounge: Priority Pass 6 intl visits/yr, 8 domestic lounge visits/yr
  • Fuel surcharge waiver: 1% fuel surcharge waiver at all petrol pumps in India on fuel transactions of ₹500 to ₹4,000, maximum waiver ₹250 per billing statement per credit card account.
  • Foreign-currency markup: 1.99% foreign-currency markup — Charged on every foreign-currency transaction (SBI Card ELITE). The document names "Elite" in the 1.99% list; it is read here as SBI Card ELITE. The exchange rate is determined by the network (VISA/Mastercard etc.) on the date the transaction is settled with SBI Card.
Other fees and charges
  • Renewal fee ₹4,999 plus applicable taxes, charged every year for SBI Card ELITE
  • 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
What DhanChakshu couldn't fully verify · 1 area

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

  • • FASTag — depends on how the transaction is processed

Sources & verification

Verification & sources · last checked 2026-10-11

Verification coverage: 15 of 16 categories verified · 1 still being verified

Card record last checked: 2026-10-11

Documents used
SBI Card ELITE Cardholder Agreement and Reward Point Program Terms & Conditions · SBI-ELITE-TNC-2026 · 2026-10-11
SBI Shop & Smile Program Terms & Conditions · SBI-SHOP-SMILE-TNC-2026 · 2026-10-11
SBI MITC · SBI MITC
SBI Cards - Most Important Terms & Conditions · SBI-MITC-UPLOAD-2026-10 · 2026-10-08
SBI-ELITE-PAGE-2026 · SBI-ELITE-PAGE-2026
SBI Card ELITE₹4,999 1st year