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INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official sbicard.com (SBI Cards and Payment Services Ltd.) Most Important Terms and Conditions (MITC).
🏛️State Bank of India (SBI Card)Network: Mastercard / VisaTravel & Aviation CardsLast Verified: 2026-09-28

SBI Card MILES

एसबीआई कार्ड माइल्स

Entry-level travel currency card offering 1,500 welcome Travel Credits, 1:1 air miles transfer, 4 domestic lounge visits, and milestone points.

Annual Fee₹1,499 + GST (Renewal: ₹1,499 + GST)
Reward Rate2 Travel Credits per ₹200 spent on Travel Bookings. 1 Travel Credit per ₹200 spent on all other retail categories.
Airport Lounge4 complimentary domestic airport lounge visits per calendar year (max 1 visit per quarter).
Forex Markup3.50% + GST.
01

What Is This Card

SBI Card MILES is the accessible entry-level tier of the SBI MILES travel card program, designed for budget domestic travelers who want to earn flexible transferable airline miles on everyday retail spends for a low entry fee of ₹1,499.

02

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,499 + GST (Renewal: ₹1,499 + GST)

Fee Waiver: Spend ₹6,00,000 or more in the preceding membership year to get the annual renewal fee of ₹1,499 reversed.

🎁Welcome Benefit

1,500 Travel Credits upon payment of the annual joining fee.

⚡Reward Points Structure

2 Travel Credits per ₹200 spent on Travel Bookings. 1 Travel Credit per ₹200 spent on all other retail categories.

Redemption Value: 1 Travel Credit = 1 Air Mile or Hotel Loyalty Point (1:1 conversion ratio).

🛫Airport & Railway Lounge Access

4 complimentary domestic airport lounge visits per calendar year (max 1 visit per quarter).

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Air Accident Liability Cover of ₹25 Lakhs.

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 at all petrol pumps in India (maximum ₹250 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: Up to 5,000 bonus Travel Credits on reaching annual spends of ₹3L and ₹5L. Fee waiver on ₹6 Lakh spend.

Interest-Free Period: 20 to 50 days.

03

What's Missing (Eligo's Honest Disclosures)

!

Fine-Print Exclusions & Realistic Costs

No international lounge access via Priority Pass. Standard 3.50% forex markup. Slower earn rate (1 point per ₹200 on non-travel retail).

Forex Markup Fee3.50% + GST.
Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 3.50% per month.
Finance Charges (Interest)Up to 3.50% per month (42.00% per annum).
Late Payment SlabsNil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.
Reward Points ExpiryTravel Credits valid for 24 months from accrual.
Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, utility payments, wallet loads, rent payments, educational payments, and government transactions.
04

Eligibility Criteria

Salaried corporate employees and self-employed professionals aged 21 to 70 years.

Age Requirement21 to 70 Years
Minimum Income₹3,60,000 per annum (Salaried) / ₹4,80,000 per annum (Self-Employed ITR)
CIBIL Score NoteRecommended CIBIL score of 720+.
SBI RelationshipNot mandatory.
05

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit sbicard.com/apply or open the YONO SBI app and select SBI Card MILES.
2Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score).
3Fill online application form with personal, residence, and occupational details (takes 5–10 minutes).
4Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof).
5Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants).
6Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.

Branch Application for Offline Applicants

Available at any SBI branch with standard KYC documentation.

Visit Official Card Page (sbicard.com)Download Official MITC (PDF)
06

Documents Required

1. PAN Card
2. Aadhaar Card
3. Recent salary slip or ITR copy.
07

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on SBI Card MILES?
If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.. In addition, revolving finance charges at Up to 3.50% per month (42.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.
Can I convert transactions on SBI Card MILES into EMI?
Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.
How do I track and redeem reward points or cashback on SBI Card MILES?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 1 Travel Credit = 1 Air Mile or Hotel Loyalty Point (1:1 conversion ratio). Please note: Travel Credits valid for 24 months from accrual.
What is the interest-free grace period on SBI Card MILES and how does it work?
The interest-free period on SBI Card MILES is 20 to 50 days.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Up to 3.50% per month (42.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.
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